STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Feb. 28, 2023

Share-Based Payment Arrangement, Disclosure [Abstract]

Share-Based Payment Arrangement, Cost by Plan [Table Text Block]

A summary of compensation expense recognized in connection with restricted share awards as follows:

	Year Ended February 28,
	2023		2022
Share-based compensation expense	$	907,800	$	1,046,500

Nonvested Restricted Stock Shares Activity [Table Text Block]

The following table summarizes stock award activity during fiscal year 2023 under the 2019 LTI Plan:

	Shares			Weighted Average Fair Value (per share)
Outstanding at February 28, 2022		600,000		$	8.14
Granted		28,000			2.08
Vested		(303,000	)		9.68
Forfeited		(28,000	)		7.60
Outstanding at February 28, 2023		297,000		$	6.04