Selected Quarterly Financial Data (unaudited)

12 Months Ended

Feb. 28, 2019

Selected Quarterly Financial Data (unaudited)

Note 12. Selected Quarterly Financial Data (unaudited)

The following table sets forth selected quarterly consolidated financial data for the fiscal years ended February 28, 2019 and February 28, 2018, respectively. The summation of quarterly net income (loss) per share may not agree with annual net income (loss) per share due to rounding:

	2019
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	(in thousands, except per share amounts)
Net Sales	$	4,021		$	3,321		$	4,170		$	3,511
Gross profit		996			879			1,096			1,069
Net income (loss)		54			(6	)		71			(52	)
Basic net income (loss) per share	$	0.01		$	(0.00	)	$	0.01		$	(0.01	)
Diluted net income (loss) per share	$	0.01		$	(0.00	)	$	0.01		$	(0.01	)
	2018
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	(in thousands, except per share amounts)
Net Sales	$	3,897		$	3,161		$	1,666		$	3,220
Gross profit (loss)		597			478			(144	)		(341	)
Net loss		(266	)		(221	)		(1,203	)		(1,248	)
Basic net loss per share	$	(0.05	)	$	(0.04	)	$	(0.20	)	$	(0.21	)
Diluted net loss per share	$	(0.05	)	$	(0.04	)	$	(0.20	)	$	(0.21	)