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Commitments and Contingencies (Tables)
12 Months Ended
Feb. 29, 2020
Schedule of Balance Sheet Information Related to Operating Leases
Balance sheet information related to operating leases is as follows (in thousands):
 
 
  
February 29, 2020
 
Operating lease
right-of-use
assets
  
$
1,631
 
 
  
 
 
 
Current portion of operating lease liabilities
  
$
557
 
Noncurrent portion of operating lease liabilities
  
 
1,091
 
 
  
 
 
 
Total operating lease liabilities
  
$
1,648
 
 
  
 
 
 
Schedule Of Weighted Average Information Associated With The Measurement Of Operating Lease
Weighted average information associated with the measurement of the Company’s remaining operating lease obligations is as follows:
 
 
  
February 29, 2020
 
Weighted average remaining lease term
  
 
3.0 years
 
Weighted average discount rate
  
 
6
 
  
 
 
 
Lessee, Operating Lease, Liability, Maturity
The following table summarizes the maturity of the Company’s operating lease liabilities as of February 29, 2020 (in thousands):
 
Fiscal Year
  
Amount
 
2021
  $590 
2022
   572 
2023
   271 
2024
   190 
2025
   190 
  
 
 
 
Total operating lease payments
  $1,813 
Less imputed interest
 
 
(165
)
 
Total operating lease liabilities
 
$
1,648
 
Future Minimum Rental Payments
Lease payments to be received as of February 29, 2020 are as follows (in thousands):
Fiscal Year
  
Amount
 
2021
  
$
359
 
2022
  
 
359
 
2023
  
 
227
 
2024
  
 
113
 
2025
  
 
—  
 
 
  
 
 
 
 
  
$
 1,058
 
 
  
 
 
Chief Executive Officer and Ordway Properties, LLC  
Future Minimum Rental Payments
Future minimum rental payments due under leases with related parties are as follows (in thousands):
 
Fiscal Year
  
Amount
 
2021
  $390 
2022
   390 
2023
   256 
2024
   190 
2025
   189 
  
 
 
 
  $1,415