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STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Aug. 31, 2023
Aug. 31, 2022
STATEMENTS OF OPERATIONS (Unaudited)        
Net sales $ 2,579 $ 2,187 $ 4,617 $ 4,323
Cost of sales 1,682 1,486 3,113 2,805
Gross profit 897 701 1,504 1,518
Selling, general and administrative expenses 614 499 1,156 1,075
Operating income 283 202 348 443
Other income (loss)        
Interest income 6 2 20 2
Interest expense (26) (27) (53) (55)
Dividend income 18 2 19 5
Realized gain on investments 210 24 332 32
Unrealized gain (loss) on investments (291) 106 (637) 55
Scrap income 0 6 0 604
Total other income (loss) (83) 113 (319) 643
Net income $ 200 $ 315 $ 29 $ 1,086
Net income per common share - basic and diluted $ 0.10 $ 0.15 $ 0.01 $ 0.52
Weighted average shares outstanding - basic and diluted 2,083,436 2,083,436 2,083,436 2,083,436