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Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
Aug. 31, 2021
Aug. 31, 2020
Aug. 31, 2021
Aug. 31, 2020
Income Statement [Abstract]        
Net Sales $ 4,070,467 $ 3,480,641 $ 7,714,935 $ 6,909,185
Cost of Goods Sold 1,996,468 1,859,675 3,816,771 3,727,486
Gross Profit 2,073,999 1,620,966 3,898,164 3,181,699
Operating Expenses        
Research and product development costs 412,397 423,516 826,213 834,940
Marketing and selling expenses 739,603 682,270 1,504,245 1,388,987
General and administrative costs 473,423 313,852 776,222 572,254
Total Operating Expenses 1,625,423 1,419,638 3,106,680 2,796,181
Operating Income 448,576 201,328 791,484 385,518
Interest Expense (9,287) (17,704)
Interest and Dividend Income 7,640 2,837 11,000 25,483
Other Income 8,084 19,519
Paycheck Protection Program Loan Forgiveness 1,005,372
Income Before Income Taxes 456,216 202,962 1,807,856 412,816
Income Tax Expense 112,392 25,199 197,280 67,125
Net Income $ 343,824 $ 177,763 $ 1,610,576 $ 345,691
Basic Earnings Per Share $ 0.02 $ 0.01 $ 0.10 $ 0.02
Diluted Earnings Per Share $ 0.02 $ 0.01 $ 0.10 $ 0.02
Weighted Average Shares - Basic 15,507,484 15,424,126 15,500,952 15,410,952
Weighted Average Shares - Diluted 15,602,359 15,533,010 15,613,930 15,530,910