DEBT (Tables)

6 Months Ended

Aug. 31, 2023

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

Debt consists of the following:

	August 31, 2023			February 28, 2023
Line of credit	$	9,723,100		$	10,634,500
Floating rate term loan	$	19,950,000		$	20,475,000
Fixed rate term loan		14,250,000			14,625,000
Total long-term debt		34,200,000			35,100,000
Less current maturities		(1,800,000	)		(34,894,900	)
Less debt issue cost		(182,700	)		(205,100	)
Long-term debt, net	$	32,217,300		$	-

Schedule of Maturities of Long-Term Debt [Table Text Block]

The following table reflects aggregate future scheduled maturities of long-term debt during the next five fiscal years as follows:

Years ending February 28 (29),
2024	$	900,000
2025		1,800,000
2026		1,800,000
2027		1,800,000
2028		27,900,000
Total	$	34,200,000