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QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)
12 Months Ended
Feb. 28, 2023
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]

13. QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

 

The following is a summary of the quarterly results of operations for the years ended February 28, 2023 and February 28, 2022:

 

   

Net

Revenues

   

Gross Margin

   

Net Earnings (Loss)

   

Basic Earnings (Loss)

Per Share

   

Diluted Earnings (Loss)

Per Share

 

2023

                                       

First quarter

  $ 23,160,900     $ 15,309,400     $ 215,800     $ 0.03     $ 0.03  

Second quarter

    19,418,300       12,478,600       (801,900

)

    (0.10

)

    (0.10

)

Third quarter

    30,269,400       19,228,000       900       0.00       0.00  

Fourth quarter

    14,980,400       9,053,800       (1,919,700

)

    (0.24

)

    (0.24

)

Total year

  $ 87,829,000     $ 56,069,800     $ (2,504,900

)

  $ (0.31

)

  $ (0.31

)

                                         

2022

                                       

First quarter

  $ 40,807,900     $ 28,778,000     $ 3,438,100     $ 0.43     $ 0.41  

Second quarter

    32,994,400       22,495,500       1,898,200       0.23       0.22  

Third quarter

    45,112,300       31,215,000       2,646,600       0.33       0.31  

Fourth quarter

    23,314,200       15,442,800       323,900       0.04       0.04  

Total year

  $ 142,228,800     $ 97,931,300     $ 8,306,800     $ 1.03     $ 0.98