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LEASES (Tables)
3 Months Ended
May 31, 2023
Disclosure Text Block [Abstract]  
Lease, Cost [Table Text Block]
   

May 31, 2023

   

February 28, 2023

 

Operating lease assets:

               

Right-of-use assets

  $ 726,000     $ 823,600  
                 

Operating lease liabilities:

               

Current lease liabilities

  $ 338,100     $ 347,800  

Long-term lease liabilities

  $ 387,900     $ 475,800  
                 

Weighted-average remaining lease term (months)

    33.3       36.3  

Weighted-average discount rate

    4.01

%

    4.01

%

   

May 31, 2023

   

May 31, 2022

 
                 

Fixed lease costs

  $ 105,800     $ 37,900  
   

May 31, 2023

   

May 31, 2022

 
                 

Operating cash outflows – operating leases

  $ 105,800     $ 37,900  

 

Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block] Future minimum rental payments under operating leases with initial terms greater than one year as of May 31, 2023, are as follows:

Years ending February 28 (29),

       

2024

    296,900  

2025

    270,500  

2026

    122,200  

2027

    72,800  

Total future minimum rental payments

    762,400  

Less: imputed interest

    (36,400

)

Total operating lease liabilities

  $ 726,000  
Lessor, Operating Lease, Payment to be Received, Maturity [Table Text Block] Future minimum payments receivable under operating leases with terms greater than one year are estimated as follows:

Years ending February 28 (29),

       

2024

  $ 1,178,800  

2025

    1,547,100  

2026

    1,524,300  

2027

    1,554,800  

2028

    1,585,900  

Thereafter

    4,950,300  

Total

  $ 12,341,200