VOXX International (VOXX) 10-Q 11 Oct 22 2023 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document - shares	6 Months Ended
	Aug. 31, 2022	Oct. 07, 2022
Document Information [Line Items]
Entity Registrant Name	VOXX International Corporation
Title of 12(b) Security	Class A Common Stock $.01 par value
Entity Trading Symbol	VOXX
Security Exchange Name	NASDAQ
Entity Central Index Key	0000807707
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Current Fiscal Year End Date	--02-28
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Aug. 31, 2022
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Address, State or Province	FL
Entity File Number	0-28839
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	13-1964841
Entity Address, Address Line One	2351 J Lawson Blvd
Entity Address, City or Town	Orlando
Entity Address, Postal Zip Code	32824
City Area Code	800
Local Phone Number	645-7750
Document Quarterly Report	true
Document Transition Report	false
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		21,675,966
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,260,954

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2022	Feb. 28, 2022
Current assets:
Cash and cash equivalents	$ 4,326	$ 27,788
Accounts receivable, net	80,375	105,625
Inventory	192,931	174,922
Receivables from vendors	218	363
Prepaid expenses and other current assets	19,569	21,340
Income tax receivable	3,746	734
Total current assets	301,165	330,772
Investment securities	1,225	1,231
Equity investment	22,185	21,348
Property, plant and equipment, net	48,441	49,794
Operating lease, right of use asset	4,106	4,464
Goodwill	71,412	74,320
Intangible assets, net	94,599	101,450
Deferred income tax assets	38	40
Other assets	3,651	3,245
Total assets	546,822	586,664
Current liabilities:
Accounts payable	50,851	76,665
Accrued expenses and other current liabilities	43,966	54,659
Income taxes payable	2,178	2,714
Accrued sales incentives	20,840	23,755
Interim arbitration award payable (see Note 23)	41,417	39,444
Contract liabilities, current	4,224	4,373
Current portion of long-term debt	500	2,406
Total current liabilities	163,976	204,016
Long-term debt, net of debt issuance costs	36,321	9,786
Finance lease liabilities, less current portion		78
Operating lease liabilities, less current portion	2,924	3,298
Deferred compensation	1,225	1,231
Contingent consideration, less current portion (see Note 2)	4,494	5,750
Deferred income tax liabilities	5,084	5,300
Other tax liabilities	907	1,083
Prepaid ownership interest in EyeLock LLC due to GalvanEyes LLC (see Note 20)	4,921	2,451
Other long-term liabilities	3,177	3,508
Total liabilities	223,029	236,501
Commitments and contingencies (see Note 23)
Redeemable equity (see Note 8)	3,783	3,550
Redeemable non-controlling interest (see Note 2)	(321)	511
Stockholders' equity:
Preferred stock:
Paid-in capital	296,311	300,453
Retained earnings	109,830	126,573
Accumulated other comprehensive loss	(20,867)	(17,503)
Less: Treasury stock, at cost, 2,862,218 and 2,749,218 shares of Class A Common Stock at August 31, 2022 and February 28, 2022	(25,138)	(25,138)
Less: Redeemable equity	(3,783)	(3,550)
Total VOXX International Corporation stockholders' equity	356,621	381,102
Non-controlling interest	(36,290)	(35,000)
Total stockholders' equity	320,331	346,102
Total liabilities, redeemable equity, redeemable non-controlling interest, and stockholders' equity	546,822	586,664
Common Class A [Member]
Stockholders' equity:
Common stock	246	245
Common Class B [Member]
Stockholders' equity:
Common stock	$ 22	$ 22

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Aug. 31, 2022	Feb. 28, 2022
Preferred stock, shares issued	0	0
Treasury stock, shares	2,862,218	2,862,218
Common Class A [Member]
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	60,000,000	60,000,000
Common stock, shares issued	24,538,184	24,476,847
Common stock, shares outstanding	21,675,966	21,614,629
Treasury stock, shares	2,862,218	2,862,218
Common Class B [Member]
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	10,000,000	10,000,000
Common stock, shares issued	2,260,954	2,260,954
Common stock, shares outstanding	2,260,954	2,260,954

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Income Statement [Abstract]
Net sales	$ 125,705	$ 143,109	$ 254,437	$ 280,169
Cost of sales	96,448	105,923	191,941	206,288
Gross profit	29,257	37,186	62,496	73,881
Operating expenses:
Selling	11,865	11,838	24,150	23,305
General and administrative	19,082	17,884	38,212	36,560
Engineering and technical support	8,284	7,886	16,673	14,118
Acquisition costs		2,316	136	2,992
Total operating expenses	39,231	39,924	79,171	76,975
Operating loss	(9,974)	(2,738)	(16,675)	(3,094)
Other (expense) income:
Interest and bank charges	(911)	(582)	(1,641)	(1,110)
Equity in income of equity investee	1,763	2,035	3,351	4,758
Interim arbitration award (see Note 23)	(986)		(1,972)
Other, net	(1,519)	376	(3,629)	818
Total other (expense) income, net	(1,653)	1,829	(3,891)	4,466
(Loss) income before income taxes	(11,627)	(909)	(20,566)	1,372
Income tax (benefit) expense	(708)	(217)	(1,800)	267
Net (loss) income	(10,919)	(692)	(18,766)	1,105
Less: net loss attributable to non-controlling interest	(703)	(1,003)	(2,023)	(1,922)
Net (loss) income attributable to VOXX International Corporation	(10,216)	311	(16,743)	3,027
Other comprehensive (loss) income:
Foreign currency translation adjustments	(2,128)	(1,334)	(3,622)	(962)
Derivatives designated for hedging	99	163	186	282
Pension plan adjustments	(40)	22	72	23
Other comprehensive loss, net of tax	(1,989)	(1,149)	(3,364)	(657)
Comprehensive (loss) income attributable to VOXX International Corporation	$ (12,205)	$ (838)	$ (20,107)	$ 2,370
(Loss) income per share - basic: Attributable to VOXX International Corporation	$ (0.42)	$ 0.01	$ (0.69)	$ 0.12
(Loss) income per share - diluted: Attributable to VOXX International Corporation	$ (0.42)	$ 0.01	$ (0.69)	$ 0.12
Weighted-average common shares outstanding (basic)	24,423,577	24,281,220	24,418,020	24,273,731
Weighted-average common shares outstanding (diluted)	24,423,577	24,855,307	24,418,020	24,890,641

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Non-controlling Interests [Member]	Treasury Stock [Member]	Redeemable Equity [Member] Preferred Stock [Member]
Stockholders equity, beginning of period at Feb. 28, 2021	$ 376,069	$ 267	$ 300,402	$ 148,906	$ (14,977)	$ (31,351)	$ (23,918)	$ (3,260)
Net income (loss)	1,797			2,716		(919)
Other comprehensive income (loss), net of tax	492				492
Net settlement of shares of Class A common stock upon vesting of stock awards, net of withholding taxes	(856)		(856)
Stock-based compensation expense	270		236					34
Stockholders equity, end of period at May. 31, 2021	377,772	267	299,782	151,622	(14,485)	(32,270)	(23,918)	(3,226)
Stockholders equity, beginning of period at Feb. 28, 2021	376,069	267	300,402	148,906	(14,977)	(31,351)	(23,918)	(3,260)
Other comprehensive income (loss), net of tax	(657)
Reclassification of stockholders' equity to redeemable equity	0
Stockholders equity, end of period at Aug. 31, 2021	374,829	267	300,019	151,933	(15,634)	(33,273)	(25,138)	(3,345)
Stockholders equity, beginning of period at May. 31, 2021	377,772	267	299,782	151,622	(14,485)	(32,270)	(23,918)	(3,226)
Net income (loss)	(692)			311		(1,003)
Other comprehensive income (loss), net of tax	(1,149)				(1,149)
Repurchase of shares of Class A Common Stock	(1,220)						(1,220)
Stock-based compensation expense	118		237					(119)
Stockholders equity, end of period at Aug. 31, 2021	374,829	267	300,019	151,933	(15,634)	(33,273)	(25,138)	(3,345)
Stockholders equity, beginning of period at Feb. 28, 2022	346,102	267	300,453	126,573	(17,503)	(35,000)	(25,138)	(3,550)
Net income (loss)	(7,234)			(6,527)		(707)
Other comprehensive income (loss), net of tax	(1,375)				(1,375)
Cash settlement of market stock units upon vesting of 80% of award	(4,000)		(4,000)
Net settlement of shares of Class A common stock upon vesting of stock awards, net of withholding taxes	(403)	1	(404)
Reclassification of stockholders' equity to redeemable equity	(33)							(33)
Stock-based compensation expense	259		126					133
Stockholders equity, end of period at May. 31, 2022	333,316	268	296,175	120,046	(18,878)	(35,707)	(25,138)	(3,450)
Stockholders equity, beginning of period at Feb. 28, 2022	346,102	267	300,453	126,573	(17,503)	(35,000)	(25,138)	(3,550)
Other comprehensive income (loss), net of tax	(3,364)				(3,364)
Reclassification of stockholders' equity to redeemable equity	(341)
Stockholders equity, end of period at Aug. 31, 2022	320,331	268	296,311	109,830	(20,867)	(36,290)	(25,138)	(3,783)
Stockholders equity, beginning of period at May. 31, 2022	333,316	268	296,175	120,046	(18,878)	(35,707)	(25,138)	(3,450)
Net income (loss)	(10,799)			(10,216)		(583)
Other comprehensive income (loss), net of tax	(1,989)				(1,989)
Stock-based compensation expense	(197)		136					(333)
Stockholders equity, end of period at Aug. 31, 2022	$ 320,331	$ 268	$ 296,311	$ 109,830	$ (20,867)	$ (36,290)	$ (25,138)	$ (3,783)

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) (Unaudited) - shares	3 Months Ended
	May 31, 2022	Aug. 31, 2021	May 31, 2021
Percentage of cash settlement of market stock units upon vesting of award	80%
Common Class A [Member]
Shares issued upon vesting of stock awards	61,337		60,693
Repurchase of shares of common stock		113,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021
Cash flows from operating activities:
Net (loss) income	$ (18,766)	$ 1,105
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Depreciation and amortization	6,726	5,572
Amortization of debt discount	127	147
Bad debt expense	50	153
Reduction in the carrying amount of the right of use asset	785	683
Gain (loss) on forward contracts	(62)	203
Equity in income of equity investees	(3,351)	(4,758)
Distribution of income from equity investees	2,514	5,568
Deferred income tax (benefit) expense	(110)	188
Non-cash compensation adjustment	(5)	(233)
Stock based compensation expense	262	473
Loss on disposal of property, plant, and equipment	12
Changes in operating assets and liabilities:
Accounts receivable	23,099	15,301
Inventory	(21,221)	(14,515)
Receivables from vendors	143	(86)
Prepaid expenses and other	1,147	(1,407)
Investment securities-trading	6	233
Accounts payable, accrued expenses, accrued sales incentives, contract liabilities, and other liabilities	(34,061)	(13,833)
Income taxes payable	(3,612)	(323)
Net cash used in operating activities	(46,317)	(5,529)
Cash flows from investing activities:
Purchases of property, plant, and equipment	(2,226)	(1,838)
Issuance of promissory note		(8,390)
Net cash used in investing activities	(2,226)	(10,228)
Cash flows from financing activities:
Principal payments on finance lease obligation	(147)	(218)
Repayment of bank obligations	(69,160)	(250)
Borrowings on bank obligations	94,518	836
Deferred financing costs		(667)
Settlement of market stock unit awards	(4,000)
Withholding taxes paid on net issuance of stock award	(404)	(856)
Purchase of treasury stock		(1,220)
Net cash provided by (used in) financing activities	20,807	(2,375)
Effect of exchange rate changes on cash	4,274	(221)
Net decrease in cash and cash equivalents	(23,462)	(18,353)
Cash and cash equivalents at beginning of period	27,788	59,404
Cash and cash equivalents at end of period	$ 4,326	$ 41,051

Basis of Presentation

Basis of Presentation	6 Months Ended
	Aug. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	(1) Basis of Presentation The accompanying unaudited interim consolidated financial statements of VOXX International Corporation and Subsidiaries ("Voxx" or the "Company") have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission as defined in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 270 for interim financial information, and in accordance with accounting principles generally accepted in the United States of America (“GAAP”), and include all adjustments (consisting of normal recurring adjustments), which, in the opinion of management, are necessary to present fairly the consolidated financial position, results of operations, changes in stockholders’ equity, and cash flows for all periods presented. The results of operations are not necessarily indicative of the results to be expected for the full fiscal year or any interim period. These unaudited consolidated financial statements do not include all disclosures associated with audited consolidated financial statements prepared in accordance with GAAP. Accordingly, these statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto contained in the Company's Form 10-K for the fiscal year ended February 28, 2022. Certain amounts in the prior year have been reclassified to conform to the current year presentation. We operate in three reportable segments: Automotive Electronics, Consumer Electronics, and Biometrics. See Note 21 for the Company's segment reporting disclosures.

Acquisitions

Acquisitions	6 Months Ended
	Aug. 31, 2022
Acquisitions And Dispositions [Abstract]
Acquisitions	(2) Acquisitions Onkyo On April 29, 2021, the Company’s subsidiary, Premium Audio Company LLC (“PAC”), signed a Letter of Intent to acquire certain assets of the home audio/video business of Onkyo Home Entertainment Corporation (“OHEC”), along with Sharp Corporation (“Sharp”) as PAC’s partner. On May 26, 2021, PAC and Sharp signed an asset purchase agreement (“APA”) to jointly acquire certain assets of the home audio/video business of OHEC through a joint venture entity. The APA was approved by OHEC’s shareholders at its ordinary general meeting of shareholders on June 25, 2021 and on June 28, 2021, the Company announced that PAC had entered into a joint venture with Sharp in order to execute the transaction. PAC owns 77.2 % of the joint venture and has an 85.1 % voting interest and Sharp owns approximately 22.8 % of the joint venture and has a 14.9 % voting interest. On September 8, 2021, the newly formed joint venture, Onkyo Technology KK ("Onkyo"), completed the transaction to acquire certain assets of the home audio/video business of OHEC. The acquired assets consisted of intangible assets. The joint venture agreement between PAC and Sharp also contains a put/call arrangement, whereby Sharp has the right to put its interest in the joint venture back to Voxx and Voxx has the right to the call Sharp’s ownership interest in the joint venture at any time after the approval of Onkyo’s annual financial statements for the year ending February 28, 2025 at a purchase price based on a formula as defined in the joint venture agreement. The following summarizes the preliminary allocation of the purchase price based upon the fair value of the assets acquired at the date of acquisition: September 8, 2021 Measurement September 8, 2021 Purchase price: Cash paid $ 21,989 - 21,989 Assignment of notes and interest receivable 8,417 - 8,417 Fair value of contingent consideration 6,710 68 6,778 Total transaction consideration $ 37,116 68 37,184 Allocation: Intangible assets $ 26,929 ( 7,905 ) 19,024 Goodwill 10,187 7,973 18,160 Total assets acquired $ 37,116 68 37,184 During the fourth quarter of Fiscal 2022, the Company recorded a net measurement period adjustment that increased goodwill by $ 7,973 . The measurement period adjustment would have resulted in a decrease in amortization expense related to the tradenames and technology in the third quarter of Fiscal 2022 and was not significant. The Company made the measurement period adjustment to reflect facts and circumstances that existed as of the acquisition date and did not result from intervening events subsequent to such date. The purchase price allocation presented above is based upon preliminary estimates, including Level 3 inputs which were unobservable and subject to change. The assets acquired include trade names, technology, and goodwill. The amounts assigned to goodwill and intangible assets for the acquisition are as follows: September 8, 2021 (as adjusted) Amortization Period (Years) Goodwill $ 18,160 N/A Tradenames 12,468 10 Technology 6,556 5 $ 37,184 Contingent consideration is payable to OHEC based upon the calculation of 2 % of the total price of certain future product purchases, as defined in the APA, by PAC. Such payments will be made to OHEC in perpetuity. The fair value of the contingent consideration was determined using an income approach, by estimating potential payments based on projections of future inventory purchases multiplied by the 2 % payment and discounting them back to their present values using a weighted average cost of capital. A second discount rate was applied to account for the Company’s credit risk to arrive at the present value of the payments. As there is no set term and the payments will be made in perpetuity, a one-stage Gordon Growth Model was used to account for expected payments made beyond the last year of projections. The preliminary fair values of the intangible assets and contingent consideration were determined with the assistance of a third-party valuation expert. We are in the process of refining the valuation of acquired assets, including goodwill, and expect to finalize the purchase price allocation no later than one year after the acquisition date, which is September 8, 2022. Finalization of the valuation during the measurement period could result in significant changes in the amounts recorded for the acquisition date fair value. Goodwill was determined as the excess of the purchase price over the fair value of the assets acquired, including identifiable intangible assets, and represents workforce and expected cash flow generation for the Onkyo business that does not qualify for separate recognition as intangible assets. The Company has consolidated the financial results of Onkyo since the acquisition date for financial reporting purposes. The non-controlling interest has been classified as redeemable non-controlling interest outside of equity on the accompanying Consolidated Balance Sheets as the exercise of the put option is not within the Company’s control. The carrying value of the redeemable non-controlling interest of Onkyo cannot be less than the redemption amount, which is the amount Sharp will settle the put option for if exercised. Adjustments to reconcile the carrying value to the redemption amount are recorded immediately to retained earnings. No adjustment was made to the carrying amount of the redeemable non-controlling interest at August 31, 2022 as the carrying amount was in excess of the redemption amount. The following table provides the rollforward of the redeemable non-controlling interest for the six months ended August 31, 2022: Redeemable Non-controlling Interest Balance at February 28, 2022 $ 511 Net loss attributable to non-controlling interest ( 733 ) Comprehensive loss attributable to non-controlling interest ( 75 ) Foreign currency translation ( 24 ) Balance at August 31, 2022 $ ( 321 ) The purpose of this acquisition was to expand the Company’s market share and product offerings within the premium audio industry. The joint venture owns the Onkyo and Integra brands and has the licensing rights to the Pioneer brands. It will market and sell a variety of products under the Onkyo, Integra, and Pioneer brands. Onkyo’s results of operations are included in the consolidated financial statements of Voxx in our Consumer Electronics segment from September 8, 2021, and represents approximately 2.5 % and 2.0 % of the Company’s net sales for the three and six months ended August 31, 2022. Prior to the acquisition, PAC operated under a distribution agreement with OHEC through its 11 Trading Company ("11TC") subsidiary, selling Onkyo and Pioneer products to Voxx customers. No additional customer contracts were acquired in conjunction with the acquisition and 11TC continues to sell these products to the same pre-acquisition customer base. Historical financial statements for Onkyo prior to the acquisition were not available and it is impracticable for the Company to determine the impact the acquisition would have had on the Company’s revenue or net (loss) income had it been included in the consolidated results of the Company for the three and six months ended August 31, 2021 .

Net (Loss) Income Per Common Sh

Net (Loss) Income Per Common Share	6 Months Ended
	Aug. 31, 2022
Net Income Per Common Share [Abstract]
Net (Loss) Income Per Common Share	(3) Net (Loss) Income Per Common Share Basic net (loss) income per common share attributable to VOXX International Corporation is calculated by dividing net income attributable to Voxx, adjusted to reflect changes in the redemption value of redeemable non-controlling interest, by the weighted-average common shares outstanding during the period. The diluted net (loss) income per common share computation reflects the potential dilution that would occur if common stock equivalent securities or other contracts to issue common stock were exercised or converted into common stock. There was no redemption value adjustment of the redeemable non-controlling interest for the three and six months ended August 31, 2022. A reconciliation between the denominator of basic and diluted net (loss) income per common share is as follows: Three months ended Six months ended 2022 2021 2022 2021 Weighted-average common shares outstanding (basic) 24,423,577 24,281,220 24,418,020 24,273,731 Effect of dilutive securities: Restricted stock units, stock grants, and market stock units — 574,087 — 616,910 Weighted-average common shares and potential common shares outstanding (diluted) 24,423,577 24,855,307 24,418,020 24,890,641 Restricted stock units, stock grants, and market stock units of 377,019 and 0 for the three months ended August 31, 2022 and 2021, respectively, and 372,922 and 0 for the six months ended August 31, 2022 and 2021, respectively, were not included in the net (loss) income per diluted share calculation because the grant price of the restricted stock units, stock grants, and market stock units was greater than the average market price of the Company’s common stock during these periods, or the inclusion of these components would have been anti-dilutive.

Investment Securities

Investment Securities	6 Months Ended
	Aug. 31, 2022
Investment Securities [Abstract]
Investment Securities	(4) Investment Securities As of August 31, 2022, and February 28, 2022, the Company had the following investments: August 31, 2022 Fair Value Investment Securities Marketable Equity Securities Mutual funds $ 1,225 Total Marketable Equity Securities 1,225 Total Investment Securities $ 1,225 February 28, 2022 Fair Value Investment Securities Marketable Equity Securities Mutual funds $ 1,231 Total Marketable Securities 1,231 Total Investment Securities $ 1,231 Equity Securities Mutual Funds The Company’s mutual funds are held in connection with its deferred compensation plan. Changes in the carrying value of these securities are offset by changes in the corresponding deferred compensation liability.

Fair Value Measurements and Der

Fair Value Measurements and Derivatives	6 Months Ended
	Aug. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements and Derivatives	(5) Fair Value Measurements and Derivatives The Company applies the authoritative guidance on “Fair Value Measurements," which among other things, requires enhanced disclosures about assets and liabilities that are measured and reported at fair value. This guidance establishes a hierarchal disclosure framework that prioritizes and ranks the level of market price observability used in measuring investments at fair value. Market price observability is impacted by a number of factors, including the type of investment and the characteristics specific to the investment. Investments with readily available active quoted prices, or for which fair value can be measured from actively quoted prices, generally will have a higher degree of market price observability and a lesser degree of judgment used in measuring fair value. Investments measured and reported at fair value are classified and disclosed in one of the following categories: Level 1 - Quoted market prices in active markets for identical assets or liabilities. Level 2 - Inputs other than Level 1 inputs that are either directly or indirectly observable. Level 3 - Unobservable inputs developed using the Company's estimates and assumptions, which reflect those that market participants would use. The following table presents financial assets and liabilities measured at fair value on a recurring basis at August 31, 2022: Fair Value Measurements at Total Level 1 Level 2 Level 3 Assets: Cash and money market funds $ 4,326 $ 4,326 $ - $ - Mutual funds 1,225 1,225 - - Derivatives designated for hedging 84 - 84 - Liabilities: Contingent consideration $ 5,018 $ - $ - $ 5,018 The following table presents financial assets and liabilities measured at fair value on a recurring basis at February 28, 2022: Fair Value Measurements at Total Level 1 Level 2 Level 3 Assets Cash and money market funds $ 27,788 $ 27,788 $ - $ - Mutual funds 1,231 1,231 - - Liabilities: Derivatives designated for hedging $ 188 - 188 - Contingent consideration 6,435 - - 6,435 At August 31, 2022, the carrying value of the Company's accounts receivable, short-term debt, accounts payable, accrued expenses, bank obligations, and long-term debt approximates fair value because of either (i) the short-term nature of the financial instrument; (ii) the interest rate on the financial instrument being reset every quarter to reflect current market rates; or (iii) the stated or implicit interest rate approximates the current market rates or are not materially different from market rates. Contingent consideration is related to the Company’s Onkyo acquisition (see Note 2). The estimated fair value of the contingent consideration is classified within Level 3 and was determined using an income approach. Under this method, potential future purchases applicable to the contingent consideration were determined using internal estimates for growth. The potential future purchases applicable to the contingent consideration were multiplied by the appropriate percentage of payments due to OHEC, and the resulting contingent consideration amounts were adjusted for risk at the appropriate discount rate. The value of the contingent consideration was further discounted to reflect the credit risk of the Company. Changes in either the revenue growth rate assumptions or the discount rate could result in a material change to the amount of contingent consideration accrued and such changes will be recorded in the Company's Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income. The following table provides a rollforward of the Company's contingent consideration balance for the six months ended August 31, 2022: Balance at February 28, 2022 $ 6,435 Payments made to OHEC ( 397 ) Fair value adjustment 52 Foreign currency translation ( 1,072 ) Balance at August 31, 2022 $ 5,018 Derivative Instruments The Company’s derivative instruments include an interest rate swap agreement and have also included forward foreign currency contracts in prior periods. The Company’s interest rate swap agreement hedges interest rate exposure related to the outstanding balance of its Florida Mortgage, with monthly payments due through March 2026. The swap agreement locks the interest rate on the debt at 3.48 % (inclusive of credit spread) through the maturity date of the loan. Interest rate swap agreements qualifying for hedge accounting are designated as cash flow hedges and valued based on a comparison of the change in fair value of the actual swap contracts designated as the hedging instruments and the change in fair value of a hypothetical swap contract (Level 2). We calculate the fair value of our interest rate swap agreement quarterly based on the quoted market price for the same or similar financial instruments. Interest rate swaps are classified in the balance sheet as either assets or liabilities based on the fair value of the instruments at the end of the period. When entered into, forward foreign currency contracts are utilized to hedge a portion of the Company’s foreign currency inventory purchases. Forward foreign currency derivatives qualifying for hedge accounting are designated as cash flow hedges and valued using observable forward rates for the same or similar instruments (Level 2). As of August 31, 2022, there are no open forward foreign currency contracts. Financial Statement Classification The following table discloses the fair value as of August 31, 2022 and February 28, 2022 of the Company’s derivative instruments: Derivative Assets and Liabilities Fair Value Account August 31, 2022 February 28, 2022 Designated derivative instruments Interest rate swap agreements Other assets 84 — Other long-term liabilities — ( 188 ) Total derivatives $ 84 $ ( 188 ) Cash Flow Hedges The Company's policy is to enter into derivative instrument contracts with terms that coincide with the underlying exposure being hedged. As such, the Company’s derivative instruments are expected to be highly effective. For derivative instruments that are designated and qualify as cash flow hedges, the entire change in fair value of the hedging instrument included in the assessment of the hedge ineffectiveness is recorded to Other comprehensive (loss) income. When the amounts recorded in Other comprehensive (loss) income are reclassified to earnings, they are presented in the same income statement line item as the effect of the hedged item. During Fiscal 2022 and through the second quarter of Fiscal 2023, the Company did not enter into any new forward foreign currency contracts. All forward foreign currency contracts entered into during Fiscal 2021 settled as of February 28, 2022 and had been designated as cash flow hedges. The current outstanding notional value of the Company's interest rate swap at August 31, 2022 is $ 6,365 . For cash flow hedges, the gain or loss is reported as a component of Other comprehensive (loss) income and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. The net income recognized in Other comprehensive (loss) income for foreign currency contracts settled in the fourth quarter of Fiscal 2022 were recognized in Cost of sales during the three and six months ended August 31, 2022 . No amounts were excluded from the assessment of hedge effectiveness during the respective periods. The gain or loss on the Company’s interest rate swap is recorded in Other comprehensive (loss) income and subsequently reclassified into Interest and bank charges in the period in which the hedged transaction affects earnings. As of August 31, 2022 , no interest rate swaps originally designated for hedge accounting were de-designated or terminated. Activity related to cash flow hedges recorded during the three and six months ended August 31, 2022 and 2021 was as follows: Three months ended Six months ended August 31, 2022 August 31, 2022 Pretax Gain Pretax Loss Pretax Gain Pretax Gain Cash flow hedges Foreign currency contracts $ — $ — $ — $ 63 Interest rate swaps 99 — 272 — Three months ended Six months ended August 31, 2021 August 31, 2021 Pretax (Loss) Gain Pretax Loss Pretax (Loss) Gain Pretax Loss Cash flow hedges Foreign currency contracts $ 172 $ ( 29 ) $ 144 $ ( 205 ) Interest rate swaps 19 — 37 —

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Aug. 31, 2022
Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Loss	(6) Accumulated Other Comprehensive Loss The Company’s accumulated other comprehensive loss consists of the following: Foreign Pension plan Derivatives Total Balance at February 28, 2022 $ ( 16,691 ) $ ( 711 ) $ ( 101 ) $ ( 17,503 ) Other comprehensive (loss) income before reclassifications ( 3,622 ) 72 229 ( 3,321 ) Reclassified from accumulated other comprehensive loss — — ( 43 ) ( 43 ) Net current-period other comprehensive (loss) income ( 3,622 ) 72 186 ( 3,364 ) Balance at August 31, 2022 $ ( 20,313 ) $ ( 639 ) $ 85 $ ( 20,867 ) During the three and six months ended August 31, 2022, the Company recorded other comprehensive (loss) income, net of the associated tax impact, of $ 0 and $ 20 , respectively, related to derivatives designated in a hedging relationship, and $ 0 in both periods related to pension plan adjustments. The other comprehensive (loss) income before reclassification related to foreign currency translation losses of $ ( 3,622 ) includes the remeasurement of intercompany transactions of a long-term investment nature of $( 615 ) with certain subsidiaries whose functional currency is not the U.S. dollar, and $( 3,007 ) from translating the financial statements of the Company's non-U.S. dollar functional currency subsidiaries into our reporting currency, which is the U.S. dollar.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	6 Months Ended
	Aug. 31, 2022
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	(7) Supplemental Cash Flow Information The following is supplemental information relating to the Unaudited Consolidated Statements of Cash Flows: Six months ended 2022 2021 Non-cash investing and financing activities: Recording of redeemable equity $ ( 108 ) $ 85 Reclassification of stockholders' equity to redeemable equity 341 - Gross issuance of shares 1 1 Change in goodwill due to measurement period adjustments, net - ( 1,353 ) Right of use assets obtained in exchange for operating lease obligations 659 - Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 751 $ 677 Operating cash flows from finance leases 2 7 Finance cash flows from finance leases 147 218 Cash paid during the period: Interest (excluding bank charges) $ 671 $ 310 Income taxes (net of refunds) 1,742 402

Accounting for Stock-Based Comp

Accounting for Stock-Based Compensation	6 Months Ended
	Aug. 31, 2022
Accounting For Stock Based Compensation [Abstract]
Accounting for Stock-Based Compensation	(8) Accounting for Stock-Based Compensation The Company has various stock-based compensation plans, which are more fully described in Note 1 of the Notes to the Consolidated Financial Statements contained in the Company’s Form 10-K for the fiscal year ended February 28, 2022. Restricted stock awards are granted pursuant to the Company's 2012 Equity Incentive Plan (the "2012 Plan"). A restricted stock award is an award of common stock that is subject to certain restrictions during a specified period. Restricted stock awards are independent of option grants and are subject to forfeiture if employment terminates for a reason other than death, disability, or retirement prior to the release of the restrictions. The Company's Omnibus Equity Incentive Plan was established in 2014 (the "2014 Plan"). Pursuant to the 2014 Plan, Restricted Stock Units ("RSUs") may be awarded by the Company to any individual who is employed by, provides services to, or serves as a director of the Company or its affiliates. RSUs vest on the later of three years from the date of grant, or the grantee reaching the age of 65 years. The RSU awards will also vest upon the sale of all of the Company's issued and outstanding stock, the sale of all, or substantially all, of the assets of a subsidiary of which the grantee serves as CEO and/or President, or the termination of the grantee's employment without cause, provided that the grantee, at the time of termination, has been employed for at least 10 years. When vested, RSU awards may be settled in shares of Class A Common Stock or in cash, at the Company's sole option. There are no market conditions inherent in an RSU award, only the employee performance requirement for performance awards, and the service requirement that the respective employee continues employment with the Company through the vesting date. In July 2022, the Company granted 46,556 RSU awards to employees under the 2014 Plan. The Company expenses the cost of RSU awards on a straight-line basis over the requisite service period of each grantee. For these purposes, the fair market value of each RSU is determined based on the mean of the high and low price of the Company's common stock on the grant date. The fair market value of each RSU granted in July 2022 was $ 8.28 . Grant of Shares to Chief Executive Officer On July 8, 2019, the Board of Directors approved a five-year Employment Agreement (the “Employment Agreement”), effective March 1, 2019, by and between the Company and Patrick M. Lavelle, the Company’s President and Chief Executive Officer. Under the terms of the Employment Agreement, in addition to a $ 1,000 annual salary and a cash bonus based on the Company’s Adjusted EBITDA, Mr. Lavelle was granted the right to receive certain stock-based compensation as discussed below: - An initial stock grant of 200,000 fully vested shares of Class A Common Stock issued in July 2019 under the 2012 Plan. - Additional stock grants of 100,000 shares of Class A Common Stock to be issued on each of March 1, 2020, March 1, 2021, and March 1, 2022. Compensation expense of $ 38 and $ 78 was recognized for the three and six months ended August 31, 2021 , respectively, based upon the grant fair value of $ 4.15 per share using the graded vesting attribution method. For the three and six months ended August 31, 2022 , there was no remaining compensation expense recognized related to these awards. On March 1, 2020, 100,000 of these stock grants vested, resulting in 100,000 shares of the Company’s Class A Common Stock being issued to Mr. Lavelle. On March 1, 2021, an additional 100,000 of these stock grants vested, resulting in 60,653 shares of Class A Common Stock being issued to Mr. Lavelle and 39,347 shares being withheld for taxes. On March 1, 2022, the final 100,000 of these stock grants vested, resulting in 61,337 shares of Class A Common Stock being issued to Mr. Lavelle and 38,663 shares being withheld for taxes. - Grant of market stock units (“MSU’s”) up to a maximum value of $ 5,000 , based upon the achievement of a 90-calendar day average stock price of no less than $ 5.49 over the performance period ending on the third and fifth anniversary of the effective date of the Employment Agreement. The value of the MSU award increases based upon predetermined targeted 90-calendar day average stock prices with a maximum of $ 5,000 if the 90-calendar day average high stock price equals or exceeds $ 15.00 . The total number of shares to be issued related to the MSU's based upon achievement of the maximum award value of $ 5,000 , and if issued at $ 15.00 per share, is estimated at 333,333 shares. The award may be settled in shares or in cash upon mutual agreement between the Company and Mr. Lavelle. Actual results may differ based upon when the high average stock price is achieved and settled. We recognized stock-based compensation expense of $ 23 and $ 46 during the three and six months ended August 31, 2022, respectively, and $ 61 and $ 122 during the three and six months ended August 31, 2021 , respectively, related to these MSU’s using the graded vesting attribution method over the performance period. On March 1, 2022, 80 % of this MSU award vested and was settled in cash, resulting in a payment made to Mr. Lavelle in the amount of $ 4,000 during the six months ended August 31, 2022. As of August 31, 2022 , 20 % of the MSU’s remain outstanding. All stock grants under the Employment Agreement are subject to a hold requirement as specified in the Employment Agreement. The Employment Agreement gave Mr. Lavelle, in certain limited change of control situations, the right to require the Company to purchase shares issued in connection with the Employment Agreement, shares personally acquired by Mr. Lavelle, and shares issued to him under other incentive compensation arrangements. Accordingly, the stock awards issued in connection with the Employment Agreement are presented as redeemable equity on the Consolidated Balance Sheets at grant-date fair value. RSUs previously held by Mr. Lavelle under the 2014 Plan and shares personally purchased by Mr. Lavelle have been reclassified from permanent equity to redeemable equity. As the contingent events that would allow Mr. Lavelle to redeem the shares are not probable at this time, remeasurement of the amounts in redeemable equity have not been recorded. The Employment Agreement contains certain restrictive and non-solicitation covenants. The following table presents a summary of the activity related to the initial stock grant, additional stock grants under the Employment Agreement, and RSU grants under the 2014 Plan for the six months ended August 31, 2022: Number Weighted Unvested award balance at February 28, 2022 354,360 $ 6.30 Granted 46,556 8.28 Vested ( 25,296 ) 4.65 Vested and settled ( 100,000 ) 4.15 Unvested award balance at August 31, 2022 275,620 $ 7.57 At August 31, 2022, there were 501,505 vested and unsettled RSU awards under the Company’s 2014 Plan with a weighted average fair value of $ 6.79 . During the three and six months ended August 31, 2022 and 2021, the Company recorded $ 136 and $ 262 , respectively, and $ 237 and $ 473 , respectively, in total stock-based compensation related to the 2014 Plan, as well as additional stock grants and MSU’s under the Employment Agreement. As of August 31, 2022, there was approximately $ 1,340 of unrecognized stock-based compensation expense related to unvested RSU awards and MSU’s.

Supply Chain Financing

Supply Chain Financing	6 Months Ended
	Aug. 31, 2022
Supply Chain Financing [Abstract]
Supply Chain Financing	(9) Supply Chain Financing The Company has supply chain financing agreements and factoring agreements that were entered into for the purpose of accelerating receivable collection and better managing cash flow. The balances under the agreements are sold without recourse and are accounted for as sales of accounts receivable. Total receivable balances sold for the three and six months ended August 31, 2022, net of discounts, were $ 21,478 and $ 41,682 , respectively, compared to $ 29,975 and $ 42,176 for the three and six months ended August 31, 2021 , respectively.

Research and Development

Research and Development	6 Months Ended
	Aug. 31, 2022
Research and Development [Abstract]
Research and Development	(10) Research and Development Expenditures for research and development are charged to expense as incurred. Such expenditures amounted to $ 2,528 and $ 5,097 for the three and six months ended August 31, 2022, respectively, compared to $ 3,624 and $ 5,945 for the three and six months ended August 31, 2021, respectively. All amounts are net of customer reimbursements and are included within Engineering and technical support expenses on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income .

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Aug. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	(11) Goodwill and Intangible Assets The change in goodwill by segment is as follows: Automotive Electronics: Amount Beginning balance at March 1, 2022 $ 10,425 Activity during the period — Balance at August 31, 2022 $ 10,425 Gross carrying value at August 31, 2022 $ 10,425 Accumulated impairment charge — Net carrying value at August 31, 2022 $ 10,425 Consumer Electronics: Beginning balance at March 1, 2022 $ 63,895 Goodwill acquired during the period - Foreign currency adjustments ( 2,908 ) Balance at August 31, 2022 $ 60,987 Gross carrying value at August 31, 2022 $ 93,150 Accumulated impairment charge ( 32,163 ) Net carrying value at August 31, 2022 $ 60,987 Total Goodwill, net $ 71,412 The Company's Biometrics segment did no t carry a goodwill balance at August 31, 2022 or February 28, 2022 . At August 31, 2022, intangible assets consisted of the following: Gross Accumulated Total Net Finite-lived intangible assets: Customer relationships $ 53,448 $ 40,749 $ 12,699 Trademarks/Tradenames 15,469 2,583 12,886 Developed technology 19,363 13,966 5,397 Patents 6,735 5,704 1,031 License 1,400 1,400 — Contracts 1,556 1,556 — Total finite-lived intangible assets $ 97,971 $ 65,958 32,013 Indefinite-lived intangible assets Trademarks 62,586 Total intangible assets, net $ 94,599 At February 28, 2022, intangible assets consisted of the following: Gross Accumulated Total Net Finite-lived intangible assets: Customer relationships $ 54,138 $ 39,669 $ 14,469 Trademarks/Tradenames 17,466 1,927 15,539 Developed technology 20,413 13,179 7,234 Patents 6,736 5,562 1,174 License 1,400 1,400 — Contracts 1,556 1,556 — Total finite-lived intangible assets $ 101,709 $ 63,293 38,416 Indefinite-lived intangible assets Trademarks 63,034 Total intangible assets, net $ 101,450 The Company recorded amortization expense of $ 1,663 and $ 3,588 , respectively, for the three and six months ended August 31, 2022 compared to $ 1,375 and $ 2,786 for the three and six months ended August 31, 2021 , respectively. The estimated aggregate amortization expense for all amortizable intangibles for August 31 of each of the succeeding years is as follows: Year Amount 2023 $ 5,968 2024 5,699 2025 5,483 2026 4,338 2027 2,995

Equity Investment

Equity Investment	6 Months Ended
	Aug. 31, 2022
Equity Method Investment, Summarized Financial Information [Abstract]
Equity Investment	(12) Equity Investment As of August 31, 2022 and February 28, 2022 , the Company had a 50 % non-controlling ownership interest in ASA Electronics, LLC and Subsidiary (“ASA"), which acts as a distributor of mobile electronics specifically designed for niche markets within the automotive industry, including RV's; buses; and commercial, heavy duty, agricultural, construction, powersport, and marine vehicles. The following presents summary financial information for ASA. Such summary financial information has been provided herein based upon the individual significance of ASA to the consolidated financial information of the Company. August 31, 2022 February 28, 2022 Current assets $ 49,768 $ 46,202 Non-current assets 6,881 7,382 Liabilities 12,279 10,888 Members' equity 44,370 42,696 Six months ended 2022 2021 Net sales $ 56,199 $ 61,560 Gross profit 12,688 15,769 Operating income 6,670 9,488 Net income 6,702 9,516 The Company's share of income from ASA was $ 1,763 and $ 3,351 for the three and six months ended August 31, 2022, respectively, compared to $ 2,035 and $ 4,758 for the three and six months ended August 31, 2021 , respectively.

Income Taxes

Income Taxes	6 Months Ended
	Aug. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	(13) Income Taxes The Company’s provision for income taxes consists of federal, foreign, and state taxes necessary to align the Company’s year-to-date tax provision with the annual effective rate that it expects to achieve for the full year. At each interim period, the Company updates its estimate of the annual effective tax rate and records cumulative adjustments, as necessary. The Inflation Reduction Act of 2022 (the “Act”) was signed into U.S. law on August 16, 2022. The Act includes various tax provisions, including an excise tax on stock repurchases, expanded tax credits for clean energy incentives, and a corporate alternative minimum tax that generally applies to U.S. corporations with average adjusted financial statement income over a three year period in excess of $1 billion. The Company does not expect the Act to materially impact its financial statements. For the three months ended August 31, 2022 , the Company recorded an income tax benefit of $ 708 , which includes a discrete income tax benefit of $ 9 related primarily to the remeasurement of state deferred taxes based on law changes enacted during the quarter. For the three months ended August 31, 2021 , the Company recorded an income tax benefit of $ 217 , which includes a discrete income tax benefit of $ 70 related primarily to the reversal of uncertain tax position liabilities as a result of the lapse of the applicable statute of limitations. The effective tax rates for the three months ended August 31, 2022 and 2021 were an income tax benefit of 6.1 % on a pre-tax loss of $ 11,627 and an income tax benefit of 23.9 % on a pre-tax loss of $ 909 , respectively. The effective tax rate for the three months ended August 31, 2022 differs from the U.S. statutory rate of 21 % as a result of a number of factors, including the non-controlling interest related to EyeLock LLC, state and local income taxes, nondeductible permanent differences, income taxed in foreign jurisdictions at varying tax rates, and a tax benefit related to the decrease in the valuation allowance based on current year forecasted earnings. The effective tax rate for the three months ended August 31, 2021 differed from the statutory rate of 21 % primarily due to a number of factors, including the non-controlling interest related to EyeLock LLC, state and local income taxes, nondeductible permanent differences, income taxed in foreign jurisdictions at varying tax rates, and a tax benefit related to the decrease in the valuation allowance. For the six months ended August 31, 2022 , the Company recorded an income tax benefit of $ 1,800 , which includes a discrete income tax benefit of $ 172 related primarily to the reversal of uncertain tax position liabilities as a result of the lapse of the applicable statute of limitations. For the six months ended August 31, 2021 , the Company recorded an income tax provision of $ 267 , which includes a discrete income tax benefit of $ 144 related primarily to the reversal of uncertain tax position liabilities as a result of the lapse of the applicable statute of limitations. The effective tax rates for the six months ended August 31, 2022 and 2021 were an income tax benefit of 8.8 % on pre-tax loss of $ 20,566 and an income tax provision of 19.5 % on pre-tax income of $ 1,372 , respectively. The effective tax rate for the six months ended August 31, 2022 and 2021 differs from the U.S. statutory rate of 21 % as a result of a number of factors, including the non-controlling interest related to EyeLock LLC, state and local income taxes, nondeductible permanent differences, income taxed in foreign jurisdictions at varying tax rates, and a decrease in valuation allowance. At August 31, 2022 , the Company had an uncertain tax position liability of $ 907 , including interest and penalties. The unrecognized tax benefits include amounts related to various U.S. federal, state, and local, and foreign tax issues.

Inventory

Inventory	6 Months Ended
	Aug. 31, 2022
Inventory Disclosure [Abstract]
Inventory	(14) Inventory Inventories by major category are as follows: August 31, February 28, Raw materials $ 21,492 $ 23,904 Work in process 1,279 1,519 Finished goods 170,160 149,499 Inventory $ 192,931 $ 174,922

Product Warranties and Product

Product Warranties and Product Repair Costs	6 Months Ended
	Aug. 31, 2022
Payables And Accruals Warranties [Abstract]
Product Warranties and Product Repair Costs	(15) Product Warranties and Product Repair Costs The following table provides a summary of the activity with respect to product warranties and product repair costs. The liability for product warranties is included within Accrued expenses and other current liabilities and the reserve for product repair costs is recorded as a reduction of Inventory on the Consolidated Balance Sheets. Three months ended Six months ended 2022 2021 2022 2021 Opening balance $ 6,268 $ 5,390 $ 5,622 $ 5,290 Liabilities for warranties accrued during the period 1,299 537 3,297 1,237 Liabilities adjusted during acquisition — ( 352 ) — ( 352 ) Warranty claims settled during the period ( 1,328 ) ( 1,080 ) ( 2,680 ) ( 1,680 ) Ending balance $ 6,239 $ 4,495 $ 6,239 $ 4,495

Financing Arrangements

Financing Arrangements	6 Months Ended
	Aug. 31, 2022
Debt Disclosure [Abstract]
Financing Arrangements	(16) Financing Arrangements The Company has the following financing arrangements: August 31, February 28, Debt Domestic credit facility (a) $ 27,400 $ — Florida mortgage (b) 6,365 6,614 Euro asset-based lending obligation - VOXX Germany (c) — 1,906 Shareholder loan payable to Sharp (d) 3,976 4,718 Total debt 37,741 13,238 Less: current portion of long-term debt 500 2,406 Long-term debt 37,241 10,832 Less: debt issuance costs 920 1,046 Total long-term debt, net of debt issuance costs $ 36,321 $ 9,786 (a) Domestic Credit Facility The Company has a senior secured credit facility (the "Credit Facility") with Wells Fargo Bank, N.A. ("Wells Fargo") that provides for a revolving credit facility with committed availability of up to $ 140,000 . The Credit Facility also includes a $ 30,000 sublimit for letters of credit and a $ 15,000 sublimit for swingline loans. The availability under the revolving credit line within the Credit Facility is subject to a borrowing base, which is based on eligible accounts receivable, eligible inventory and certain real estate, subject to reserves as determined by the lender, and is also limited by amounts outstanding under the Florida Mortgage (see Note 16(b)). The availability under the revolving credit line of the Credit Facility was $ 101,571 as of August 31, 2022. All amounts outstanding under the Credit Facility will mature and become due on April 19, 2026 ; however, it is subject to acceleration upon the occurrence of an Event of Default as defined in the Second Amended and Restated Credit Agreement (“the Agreement”). The Company may prepay any amounts outstanding at any time, subject to payment of certain breakage and redeployment costs relating to LIBOR Rate Loans. The commitments under the Credit Facility may be irrevocably reduced at any time, without premium or penalty as set forth in the Agreement. Generally, the Company may designate specific borrowings under the Credit Facility as either Base Rate Loans or LIBOR Rate Loans, except that swingline loans may only be designated as Base Rate Loans. Loans designated as LIBOR Rate Loans bear interest at a rate equal to the then applicable LIBOR rate plus a range of 1.75 – 2.25 % ( 4.18 % at August 31, 2022 ). Loans designated as Base Rate loans bear interest at a rate equal to the applicable margin for Base Rate Loans plus a range of 0.75 - 1.25 % as defined in the Agreement and shall not be lower than 1.75 % ( 6.25 % at August 31, 2022). An amendment to the Credit Facility in April 2021 provided for a Benchmark Replacement that will replace the LIBOR rate for all revolver usage. The Benchmark Replacement is subject to the occurrence of a Benchmark Transition Event, as defined in the Second Amended and Restated Credit Agreement and becomes effective after a five-day transition period following the event. Provided that the Company is in a Compliance Period (the period commencing on that day in which Excess Availability is less than 15 % of the Maximum Revolver Amount and ending on a day in which Excess Availability is equal to or greater than 15% for any consecutive 30-day period thereafter) , the Credit Facility requires compliance with a financial covenant calculated as of the last day of each month, consisting of a Fixed Charge Coverage Ratio. The Credit Facility also contains covenants, subject to defined carveouts, that limit the ability of the loan parties and certain of their subsidiaries which are not loan parties to, among other things: (i) incur additional indebtedness; (ii) incur liens; (iii) merge, consolidate or dispose of a substantial portion of their business; (iv) transfer or dispose of assets; (v) change their name, organizational identification number, state or province of organization or organizational identity; (vi) make any material change in their nature of business; (vii) prepay or otherwise acquire indebtedness; (viii) cause any change of control; (ix) make any restricted junior payment; (x) change their fiscal year or method of accounting; (xi) make advances, loans or investments; (xii) enter into or permit any transaction with an affiliate of any borrower or any of their subsidiaries; (xiii) use proceeds for certain items; (xiv) issue or sell any of their stock; or (xv) consign or sell any of their inventory on certain terms. In addition, if excess availability under the Credit Facility were to fall below certain specified levels, as defined in the Agreement, the lenders would have the right to assume dominion and control over the Company's cash. As of August 31, 2022, the Company was not in a Compliance Period. The obligations under the Credit Facility documents are secured by a general lien on, and security interest in, substantially all of the assets of the borrowers and certain of the guarantors, including accounts receivable, equipment, real estate, general intangibles, and inventory. The Company has guaranteed the obligations of the borrowers under the Agreement. Charges incurred on the unused portion of the Credit Facility during the three and six months ended August 31, 2022 totaled $ 186 and $ 392 , respectively, compared to $ 190 and $ 323 during the three and six months ended August 31, 2021, respectively. These charges are included within Interest and bank charges on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income. T he Company has deferred financing costs related to the Credit Facility and previous amendments and modifications of the Credit Facility. In conjunction with the amendment to its Credit Facility in April 2021, the Company incurred additional financing fees of $ 667 that will be amortized over the remaining term of the facility. The Company accounted for this amendment to the Credit Facility as a modification of debt. Deferred financing costs are included in Long-term debt on the accompanying Consolidated Balance Sheets as a contra-liability balance and are amortized through Interest and bank charges in the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income over the term of the Credit Facility, which expires on April 19, 2026 . During the three and six months ended August 31, 2022, the Company amortized $ 56 and $ 111 of these costs, respectively, as compared to $ 56 and $ 131 during the three and six months ended August 31, 2021, respectively. The net unamortized balance of these deferred financing costs as of August 31, 2022 was $ 811 . (b) Florida Mortgage On July 6, 2015, VOXX HQ LLC, the Company’s wholly owned subsidiary, closed on a $ 9,995 industrial development revenue tax exempt bond under a loan agreement in favor of the Orange County Industrial Development Authority (the “Authority”) to finance the construction of the Company's manufacturing facility and executive offices in Lake Nona, Florida. Wells Fargo Bank, N.A. ("Wells Fargo") was the purchaser of the bond and U.S. Bank National Association is the trustee under an Indenture of Trust with the Authority. Voxx borrowed the proceeds of the bond purchase from the Authority during construction as a revolving loan, which converted to a permanent mortgage upon completion of the facility in January 2016 (the "Florida Mortgage"). The Company makes principal and interest payments to Wells Fargo, which began March 1, 2016 and will continue through March of 2026. The Florida Mortgage bears interest at 70 % of 1-month LIBOR plus 1.54 % ( 4.09 % at August 31, 2022) and is secured by a first mortgage on the property, a collateral assignment of leases and rents and a guaranty by the Company. The financial covenants of the Florida Mortgage are as defined in the Company’s Credit Facility with Wells Fargo dated April 26, 2016 and amended in April 2021. The amendment to the Credit Facility in April 2021 provided for a Benchmark Replacement that will replace the LIBOR rate for all revolver usage. The Benchmark Replacement is subject to the occurrence of a Benchmark Transition Event, as defined in the Second Amended and Restated Credit Agreement and becomes effective after a five-day transition period following the event. The Company incurred debt financing costs totaling approximately $ 332 as a result of obtaining the Florida Mortgage, which are recorded as deferred financing costs and included in Long-term debt as a contra-liability balance on the accompanying Consolidated Balance Sheets and are being amortized through Interest and bank charges in the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income over the ten-year term of the Florida Mortgage. The Company amortized $ 8 and $ 16 of these costs during both the three and six months ended August 31, 2022 and 2021, respectively. The net unamortized balance of these deferred financing costs as of August 31, 2022 is $ 109 . On July 20, 2015, the Company entered into an interest rate swap agreement in order to hedge interest rate exposure related to the Florida Mortgage and pays a fixed rate of 3.48 % under the swap agreement (See Note 5). (c) Euro Asset-Based Lending Obligation – VOXX Germany Foreign bank obligations include a Euro Asset-Based Lending ("ABL") credit facility, which has a credit limit of € 8,000 for the Company's subsidiary, VOXX Germany, which expires on July 31, 2023. The rate of interest for the ABL is the three-month Euribor plus 2.30 % ( 2.95 % at August 31, 2022). (d) Shareholder Loan Payable to Sharp In conjunction with the capitalization and funding of the Company’s Onkyo joint venture with its partner Sharp, which was created in order to execute the acquisition of certain assets of the home audio/video business of OHEC on September 8, 2021 (see Note 2), Onkyo entered into a loan agreement with the shareholders of the joint venture, PAC and Sharp. The loan balance outstanding at August 31, 2022 represents the portion of the loan payable to Sharp. The loan balance due to PAC eliminates in consolidation. All amounts outstanding under the loan will mature and become payable ten years from the execution date of the acquisition, which is September 8, 2031. The loan may be prepaid subject to the approval of the board of directors of the joint venture and must be repaid if either the put or call option is exercised in accordance with the joint venture agreement. The rate of interest for the shareholder loan is 2.5 % and the loan is secured by a second priority lien on and secured interest in all assets of Onkyo.

Other (Expense) Income

Other (Expense) Income	6 Months Ended
	Aug. 31, 2022
Other Income and Expenses [Abstract]
Other (Expense) Income	(17) Other (Expense) Income Other (expense) income is comprised of the following: Three months ended Six months ended 2022 2021 2022 2021 Foreign currency (loss) gain $ ( 1,721 ) $ ( 2 ) $ ( 4,087 ) $ 114 Interest income 4 5 9 12 Rental income 230 197 451 361 Miscellaneous ( 32 ) 176 ( 2 ) 331 Total other, net $ ( 1,519 ) $ 376 $ ( 3,629 ) $ 818 Foreign currency losses for the three and six months ended August 31, 2022 were primarily driven by declines in the Japanese Yen, which impacted the re-measurement of the Company's Onkyo subsidiary intercompany loans and interest payable, which are not of a long-term investment nature. The total foreign currency loss attributable to these re-measurements for the three and six months ended August 31, 2022 was $ 1,362 and $ 3,441 , respectively.

Lease Obligations

Lease Obligations	6 Months Ended
	Aug. 31, 2022
Leases [Abstract]
Lease Obligations	(18) Lease Obligations We account for leases in accordance with ASC 842 “Leases” (“ASC 842”). We determine whether an arrangement is a lease at inception. This determination generally depends on whether the arrangement conveys the right to control the use of an identified fixed asset explicitly or implicitly for a period of time in exchange for consideration. We have operating leases for office equipment, as well as offices, warehouses, and other facilities used for our operations. We also have finance leases comprised primarily of computer hardware and machinery and equipment. Our leases have remaining lease terms of less than 1 year to 9 years, some of which include renewal options. We consider these renewal options in determining the lease term used to establish our right-of-use assets and lease liabilities when it is determined that it is reasonably certain that the renewal option will be exercised. The Company had no short-term leases during the three and six months ended August 31, 2022. Refer to Note 7 for supplemental cash flow information related to leases. The components of lease cost for the three and six months ended August 31, 2022 and 2021 were as follows: Three months ended Six months ended 2022 2021 2022 2021 Operating lease cost (a) (c) $ 390 $ 342 $ 785 $ 683 Finance lease cost: Amortization of right of use assets (a) 73 101 146 222 Interest on lease liabilities (b) 1 3 2 7 Total finance lease cost $ 74 $ 104 $ 148 $ 229 (a) Recorded within Selling, General and administrative, Engineering and technical support, and Cost of sales on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income . (b) Recorded within Interest and bank charges on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income . (c) Includes immaterial amounts related to variable rent expense. Supplemental balance sheet information related to leases is as follows: August 31, 2022 February 28, 2022 Operating Leases Operating lease, right of use assets $ 4,106 $ 4,464 Total operating lease right of use assets $ 4,106 $ 4,464 Accrued expenses and other current liabilities $ 1,201 $ 1,255 Operating lease liabilities, less current portion 2,924 3,298 Total operating lease liabilities $ 4,125 $ 4,553 Finance Leases Property, plant, and equipment, gross $ 2,503 $ 2,503 Accumulated depreciation ( 2,354 ) ( 2,208 ) Total finance lease right of use assets $ 149 $ 295 Accrued expenses and other current liabilities $ 155 $ 224 Finance lease liabilities, less current portion — 78 Total finance lease liabilities $ 155 $ 302 Weighted Average Remaining Lease Term Operating leases 5.2 years 5.5 years Finance leases 1.0 years 1.3 years Weighted Average Discount Rate Operating leases 3.79 % 4.01 % Finance leases 3.87 % 3.87 % Maturities of lease liabilities on August 31 of each of the succeeding years are as follows: Operating Leases Finance Leases 2023 $ 1,313 157 2024 961 — 2025 574 — 2026 433 — 2027 292 — Thereafter 928 — Total lease payments 4,501 157 Less imputed interest 376 2 Total $ 4,125 155 As of August 31, 2022, the Company has not entered into any lease agreements that have not yet commenced. The Company owns and occupies buildings as part of its operations. Certain space within these buildings may, from time to time, be leased to third parties from which the Company earns rental income as lessor. This leased space is recorded within property, plant, and equipment and was not material to the Company's Consolidated Balance Sheets at August 31, 2022 and February 28, 2022. Rental income earned by the Company for the three and six months ended August 31, 2022 and 2021 was $ 230 and $ 451 , respectively, compared to $ 197 and $ 361 , respectively, and is recorded within Other (expense) income.

Capital Structure

Capital Structure	6 Months Ended
	Aug. 31, 2022
Equity [Abstract]
Capital Structure	(19) Capital Structure The Company's capital structure is as follows: Shares Authorized Shares Outstanding Security Par August 31, 2022 February 28, 2022 August 31, 2022 February 28, 2022 Voting Liquidation Preferred Stock $ 50.00 50,000 50,000 — — — $ 50 per share Series Preferred Stock $ 0.01 1,500,000 1,500,000 — — — — Class A Common Stock $ 0.01 60,000,000 60,000,000 21,675,966 21,614,629 1 Ratably with Class B Common Stock $ 0.01 10,000,000 10,000,000 2,260,954 2,260,954 10 Ratably with Treasury Stock at cost at cost 2,862,218 2,862,218 N/A N/A N/A

Variable Interest Entity

Variable Interest Entity	6 Months Ended
	Aug. 31, 2022
Variable Interest Entity [Abstract]
Variable Interest Entity	(20) Variable Interest Entity A variable interest entity ("VIE") is an entity that either (i) has insufficient equity to permit the entity to finance its activities without additional subordinated financial support, or (ii) has equity investors who lack the characteristics of a controlling financial interest. Under ASC 810 – “Consolidation,” an entity that holds a variable interest in a VIE and meets certain requirements would be considered to be the primary beneficiary of the VIE and required to consolidate the VIE in its consolidated financial statements. In order to be considered the primary beneficiary of a VIE, an entity must hold a variable interest in the VIE and have both: • the power to direct the activities that most significantly impact the economic performance of the VIE; and • the right to receive benefits from, or the obligation to absorb losses of, the VIE that could be potentially significant to the VIE. On September 1, 2015, Voxx acquired a majority voting interest in substantially all of the assets and certain specified liabilities of EyeLock, Inc. and EyeLock Corporation, a market leader of iris-based identity authentication solutions, through a newly formed entity, EyeLock LLC. The Company issued EyeLock LLC a promissory note for the purposes of repaying protective advances and funding working capital requirements of the entity. On August 25, 2022, this promissory note was amended and restated to allow EyeLock LLC to borrow up to $ 71,200 . Through March 1, 2019, interest on the outstanding principal of the loan accrued at 10 %. From March 1, 2019 forward, interest accrues at 2.5 %. The amended and restated promissory note is due on September 30, 2023. The outstanding principal balance of this promissory note is convertible at the sole option of Voxx into units of EyeLock LLC. If Voxx chooses not to convert into equity, the outstanding loan principal of the amended and restated promissory note will be repaid at a multiple of 1.50 based on the repayment date. The agreement includes customary events of default and is collateralized by all of the property of EyeLock LLC. We determined that we hold a variable interest in EyeLock LLC as a result of: • our majority voting interest and ownership of substantially all of the assets and certain liabilities of the entity; and • the loan agreement with EyeLock LLC, which has a total outstanding balance of $ 66,936 as of August 31, 2022. We concluded that we became the primary beneficiary of EyeLock LLC on September 1, 2015 in conjunction with the acquisition. This was the first date on which we had the power to direct the activities that most significantly impact the economic performance of the entity because we acquired a majority interest in substantially all of the assets and certain liabilities of EyeLock, Inc. and EyeLock Corporation on this date, as well as obtained a majority voting interest as a result of this transaction. Although we are considered to have control over EyeLock LLC under ASC 810, due to our majority ownership interest, the assets of EyeLock LLC can only be used to satisfy the obligations of EyeLock LLC. As a result of our majority ownership interest in the entity and our primary beneficiary conclusion, we consolidated EyeLock LLC within our consolidated financial statements beginning on September 1, 2015. On April 29, 2021, EyeLock LLC entered into a three-year exclusive distribution agreement (the “Agreement”) with GalvanEyes LLC (“GalvanEyes”), a Florida LLC managed by Beat Kahli, the largest holder of Voxx's Class A Common Shares. The Agreement provides that GalvanEyes will be the exclusive distributor of EyeLock products in the European Union, Switzerland, Puerto Rico, Malaysia, and Singapore, with the exception of any existing customer relationships prior to the Agreement date. GalvanEyes has also been granted exclusive distribution rights in the United States for the residential real estate market and specific U.S. Government agencies, and non-exclusive distribution rights in all other territories and verticals with the Company’s consent. The Agreement also includes a put/call arrangement, whereby GalvanEyes has the right to put the exclusivity back to EyeLock after the initial two-year period for a 20.0 % interest in EyeLock. In turn, EyeLock has the ability to call the exclusivity during the term of the Agreement, based on the occurrence of certain events, which would result in a 20.0 % equity interest given to GalvanEyes. Under the Agreement, in addition to paying for any products purchased, GalvanEyes has agreed to pay EyeLock $ 10,000 in the form of an annual fee, over a two-year period, of up to $ 5,000 per year, with payments on a quarterly basis beginning on September 1, 2021. Any gross profit generated on the sale of EyeLock LLC products by GalvanEyes will be deducted from the annual fee. The value of the put/call arrangement was not significant at August 31, 2022 . On August 31, 2022, the Company received a payment in the amount of $ 1,228 for the quarterly installment payment due from GalvanEyes for the three months ended August 31, 2022 . The Company has also recorded a corresponding liability on the accompanying Consolidated Balance Sheets, representing a prepayment made by GalvanEyes of a 20.0 % interest in EyeLock upon exercise of the put option. The balance of the liability at August 31, 2022 is $ 4,921 . Assets and Liabilities of EyeLock LLC The following table sets forth the carrying values of assets and liabilities of EyeLock LLC that were included on our Consolidated Balance Sheets as of August 31, 2022 and February 28, 2022: August 31, February 28, Assets (unaudited) Current assets: Cash and cash equivalents $ — $ 25 Accounts receivable, net 321 47 Inventory, net 2,168 2,028 Prepaid expenses and other current assets 142 245 Total current assets 2,631 2,345 Property, plant and equipment, net 16 39 Intangible assets, net 1,921 2,057 Other assets 30 59 Total assets $ 4,598 $ 4,500 Liabilities and Partners' Deficit Current liabilities: Accounts payable $ 888 $ 1,023 Interest payable to VOXX 13,960 13,099 Accrued expenses and other current liabilities 431 766 Due to VOXX 66,936 66,390 Total current liabilities 82,215 81,278 Prepaid ownership interest in EyeLock LLC due to GalvanEyes LLC 4,921 2,451 Other long-term liabilities 1,200 1,200 Total liabilities 88,336 84,929 Commitments and contingencies Partners' deficit: Capital 41,416 41,416 Retained losses ( 125,154 ) ( 121,845 ) Total partners' deficit ( 83,738 ) ( 80,429 ) Total liabilities and partners' deficit $ 4,598 $ 4,500 Revenues and Expenses of EyeLock LLC The following table sets forth the revenues and expenses of EyeLock LLC that were included in our Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income for the three and six months ended August 31, 2022 and 2021: For the three months For the six months 2022 2021 2022 2021 Net sales $ 332 $ 253 $ 435 $ 458 Cost of sales 198 177 276 340 Gross profit 134 76 159 118 Operating expenses: Selling 139 163 304 326 General and administrative 411 432 784 776 Engineering and technical support 631 1,641 1,500 3,128 Total operating expenses 1,181 2,236 2,588 4,230 Operating loss ( 1,047 ) ( 2,160 ) ( 2,429 ) ( 4,112 ) Other expense: Interest and bank charges ( 435 ) ( 415 ) ( 868 ) ( 816 ) Other, net ( 12 ) — ( 12 ) — Total other expense, net ( 447 ) ( 415 ) ( 880 ) ( 816 ) Loss before income taxes ( 1,494 ) ( 2,575 ) ( 3,309 ) ( 4,928 ) Income tax expense — — — — Net loss $ ( 1,494 ) $ ( 2,575 ) $ ( 3,309 ) $ ( 4,928 )

Segment Reporting

Segment Reporting	6 Months Ended
	Aug. 31, 2022
Segment Reporting [Abstract]
Segment Reporting	(21) Segment Reporting The Company operates in three distinct segments based on our products and our internal organizational structure. The three operating segments, which are also the Company’s reportable segments, are Automotive Electronics, Consumer Electronics, and Biometrics. Our Automotive Electronics segment designs, manufactures, markets and distributes rear-seat entertainment devices, remote start systems, automotive security, vehicle access systems, mobile interface modules, mobile multimedia devices, aftermarket/OE-styled radios, car link-smartphone telematics applications, driver distraction products, collision avoidance systems, automotive power accessories, power lift gates, location-based services, turn signal switches, automotive lighting products, automotive sensing and camera systems, USB ports, cruise control systems, heated seats, and satellite radio products. Our Consumer Electronics segment designs, manufactures, markets and distributes home theater systems, A/V receivers; premium loudspeakers; outdoor speakers; business music systems; streaming music systems; cinema speakers; architectural speakers; wireless and Bluetooth speakers; soundbars; on-ear and in-ear headphones; wired, wireless, and Bluetooth headphones and ear buds; DLNA (Digital Living Network Alliance) compatible devices; T.V. remote controls; karaoke products; personal sound amplifiers; infant/nursery products; as well as A/V connectivity, portable/home charging, reception, and digital consumer products. Our Biometrics segment designs, manufactures, markets, and distributes iris identification and biometric security related products. The accounting principles applied at the consolidated financial statement level are generally the same as those applied at the operating segment level and there are no material intersegment sales. The segments are allocated interest expense, based upon a pre-determined formula, which utilizes a percentage of each operating segment's intercompany balance, which is offset in Corporate/Eliminations. Segment data for each of the Company's segments is presented below: Automotive Consumer Biometrics Corporate/ Total Three Months Ended August 31, 2022 Net sales $ 37,218 $ 88,015 $ 332 $ 140 $ 125,705 Equity in income of equity investees 1,763 — — — 1,763 Interest expense and bank charges 445 2,018 435 ( 1,987 ) 911 Depreciation and amortization expense 897 1,729 72 911 3,609 Loss before income taxes (a) ( 126 ) ( 4,555 ) ( 1,494 ) ( 5,452 ) ( 11,627 ) Three Months Ended August 31, 2021 Net sales $ 45,761 $ 96,959 $ 253 $ 136 $ 143,109 Equity in income of equity investees 2,035 — — — 2,035 Interest expense and bank charges 309 1,911 415 ( 2,053 ) 582 Depreciation and amortization expense 755 1,003 75 932 2,765 Income (loss) before income taxes 926 2,439 ( 2,575 ) ( 1,699 ) ( 909 ) Six Months Ended August 31, 2022 Net sales $ 76,803 $ 176,952 $ 435 $ 247 $ 254,437 Equity in income of equity investees 3,351 — — — 3,351 Interest expense and bank charges 850 3,985 868 ( 4,062 ) 1,641 Depreciation and amortization expense 1,658 3,533 145 1,390 6,726 Loss before income taxes (a) ( 617 ) ( 4,028 ) ( 3,309 ) ( 12,612 ) ( 20,566 ) Six Months Ended August 31, 2021 Net sales $ 88,418 $ 191,072 $ 458 $ 221 $ 280,169 Equity in income of equity investees 4,758 — — — 4,758 Interest expense and bank charges 682 3,886 816 ( 4,274 ) 1,110 Depreciation and amortization expense 1,538 2,004 151 1,879 5,572 Income (loss) before income taxes 4,156 7,907 ( 4,928 ) ( 5,763 ) 1,372 (a) Included within (Loss) income before taxes on Corporate/Eliminations for the three and six months ended August 31, 2022 are foreign currency losses of $ 1,362 and $ 3,441 , respectively, attributable to the Company's Onkyo subsidiary related to intercompany transactions and financial statement translation adjustments.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
	Aug. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	(22) Revenue from Contracts with Customers The Company recognizes revenue in accordance with ASC Topic 606, “Revenue from Contracts with Customers” (“ASC 606”). The core principle of ASC 606 is that an entity recognizes revenue to depict the transfer of promised goods and services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. We apply the FASB’s guidance on revenue recognition, which requires us to recognize the amount of revenue and consideration that we expect to receive in exchange for goods and services transferred to our customers. To do this, the Company applies the five-step model prescribed by the FASB, which requires us to: (i) identify the contract with the customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when, or as, we satisfy a performance obligation. Within our Automotive Electronics segment, while the majority of the contracts we enter into with Original Equipment Manufacturers (“OEMs”) are long-term supply arrangements, the performance obligations are established by the enforceable contract, which is generally considered to be the purchase order. The purchase orders are of durations less than one year. As such, the Company applies the practical expedient in ASC paragraph 606-10-50-14 and does not disclose information about remaining performance obligations that have original expected durations of one year or less for which work has not yet been performed. Performance Obligations The Company’s primary source of revenue is derived from the manufacture and distribution of consumer electronic, automotive electronic, and biometric products. Our consumer electronic products primarily consist of finished goods sold to retail and commercial customers, consisting of premium audio products and other consumer electronic products. Our automotive electronic products, some of which are manufactured by the Company, are sold both to OEM and aftermarket customers. Our biometric products, primarily consisting of finished goods, are sold to retail and commercial customers. We recognize revenue for sales to our customers when transfer of control of the related good or service has occurred. The majority of our revenue was recognized under the point in time approach for the three and six months ended August 31, 2022. Certain telematic subscription revenues generated by our Automotive Electronics segment are recognized over time. Contract terms with certain of our OEM customers could result in additional products and services being transferred over time as a result of the customized nature of some of our products, together with contractual provisions in the customer contracts that provide us with an enforceable right to payment for performance completed to date; however, under typical terms, we do not have the right to consideration until the time of shipment from our manufacturing facilities or distribution centers, or until the time of delivery to our customers. If certain contracts in the future provide the Company with this enforceable right of payment, the timing of revenue recognition from products transferred to customers over time may be slightly accelerated compared to our right to consideration at the time of shipment or delivery. Under ASC 606, we are required to present a refund liability and a return asset within the Consolidated Balance Sheets. The changes in the refund liability are reported in Net sales, and the changes in the return asset are reported in Cost of sales in the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income. As of August 31, 2022 and February 28, 2022, the balance of the return asset was $ 1,332 and $ 2,619 , respectively, and the balance of the refund liability was $ 2,745 and $ 5,469 , respectively, and are presented within Prepaid expenses and other current assets and Accrued expenses and other current liabilities, respectively, on the Consolidated Balance Sheets. We warrant our products against certain defects in material and workmanship when used as designed, which primarily range from 30 days to 3 years. We offer limited lifetime warranties on certain products, which limit the customer’s remedy to the repair or replacement of the defective product or part for the designated lifetime of the product, or for the life of the vehicle for the original owner, if it is an automotive product. We do not sell extended warranties. Contract Balances Contract assets primarily relate to the Company’s rights to consideration for work completed but not billed at the reporting date on contracts with customers. Contract assets are transferred to receivables when the rights become unconditional. Contract liabilities primarily relate to contracts where advance payments or deposits have been received, but performance obligations have not yet been met, and therefore, revenue has not been recognized. The Company had current and non-current contract liability balances totaling $ 4,670 at August 31, 2022 related to telematic subscription services of the Company’s DEI subsidiary. The following table provides a reconciliation of the Company’s contract liabilities as of August 31, 2022: Balance at February 28, 2022 $ 5,412 Subscription payments received 2,989 Revenue recognized ( 3,731 ) Balance at August 31, 2022 $ 4,670 The Company had no contract asset balances at August 31, 2022 or February 28, 2022. Disaggregation of Revenue The Company operates in three reportable segments: Automotive Electronics, Consumer Electronics, and Biometrics. ASC 606 requires further disaggregation of an entity’s revenue. In the following table, the Company's net sales are disaggregated by segment and product type for the three and six months ended August 31, 2022 and 2021: Three months ended Six months ended 2022 2021 2022 2021 Automotive Electronics Segment OEM Products $ 15,230 $ 16,403 $ 31,954 $ 31,317 Aftermarket Products 21,988 29,358 44,849 57,101 Total Automotive Segment 37,218 45,761 76,803 88,418 Consumer Electronics Segment Premium Audio Products 69,203 76,140 139,147 147,733 Other Consumer Electronic Products 18,812 20,819 37,805 43,339 Total Consumer Electronics Segment 88,015 96,959 176,952 191,072 Biometrics Segment Biometric Products 332 253 435 458 Total Biometrics Segment 332 253 435 458 Corporate/Eliminations 140 136 247 221 Total Net Sales $ 125,705 $ 143,109 $ 254,437 $ 280,169

Contingencies

Contingencies	6 Months Ended
	Aug. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Contingencies	(23) Contingencies The Company is currently, and has in the past, been a party to various routine legal proceedings incident to the ordinary course of business. If management determines, based on the underlying facts and circumstances of each matter, that it is probable a loss will result from a litigation contingency and the amount of the loss can be reasonably estimated, the estimated loss is accrued for. The products the Company sells are continually changing as a result of improved technology. As a result, although the Company and its suppliers attempt to avoid infringing known proprietary rights, the Company may be subject to legal proceedings and claims for alleged infringement by patent, trademark, or other intellectual property owners. Any claims relating to the infringement of third-party proprietary rights, even if not meritorious, could result in costly litigation, divert management’s attention and resources, or require the Company to either enter into royalty or license agreements that are not advantageous to the Company, or pay material amounts of damages. In March 2007, the Company entered into a contract with Seaguard Electronics, LLC (“Seaguard”) relating to the Company’s purchase from Seaguard of a stolen vehicle recovery product and back-end services. In August 2018, Seaguard filed a demand for arbitration against the Company with the American Arbitration Association (“AAA”) alleging claims for breach of contract and patent infringement. Seaguard originally sought damages of approximately $ 10,000 and on the seventh day of an eight-day fact witness portion of the arbitration in June 2021, amended its damages demand to $ 40,000 , which was effected by the service of Claimant’s notice dated July 14, 2021. On November 29, 2021, the Arbitrator issued an interim award (the “Interim Award”) with Seaguard prevailing on its breach of contract claim. The Company’s affirmative defenses relating to those claims, however, were denied in their entirety. Seaguard was awarded damages in the amount of $ 39,444 against the Company. On March 3, 2022, the Arbitrator issued a Partial Final Award on Bifurcated Issue in the amount of $ 39,444 , plus $ 798 for its attorneys’ fees and costs. On March 11, 2022, the Arbitrator fixed the schedule of the patent portion of the bifurcated arbitration, with a trial date set for October 16, 2023. The Company has put its suppliers on notice of its indemnification rights with respect to the alleged infringing products. On March 14, 2022, Seaguard filed a Petition in the United States District Court, Central District of California, Western Division, to confirm the Partial Final Award. On April 25, 2022, the Company filed its opposition to Seaguard’s Petition to Confirm and a Counter-Petition to Vacate the Partial Final Award. On May 31, 2022, the Court ordered the matter taken under submission for decision without oral hearing. During Fiscal 2022, the Company recorded an accrual for the interim arbitration award in the amount of $ 39,444 . During the three and six months ended August 31, 2022 , the Company accrued additional charges of $ 986 and $ 1,972 , respectively, representing interest due on the award when paid. At August 31, 2022 , the Company has a total accrued balance of $ 41,417 on the accompanying Consolidated Balance Sheet related to the interim arbitration award.

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
	Aug. 31, 2022
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	(24) New Accounting Pronouncements In March 2020 and January 2021, the FASB issued ASU No. 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting” and ASU No. 2021-01, “Reference Rate Reform: Scope,” respectively. Together, these ASU’s provide optional expedients and exceptions for applying U.S. GAAP to contract modifications and hedging relationships that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. ASU 2020-04 provides, among other things, guidance that modifications of contracts within the scope of Topic 470, Debt, should be accounted for by prospectively adjusting the effective interest rate; modifications of contracts within the scope of Topic 842, Leases, should be accounted for as a continuation of the existing contract; and, changes in the critical terms of hedging relationships caused by reference rate reform should not result in the de-designation of the instrument, provided certain criteria are met. ASU 2021-01 clarifies the scope and application of ASU 2020-04 and among other things, permits entities to elect certain optional expedients and exceptions when accounting for derivative contracts and certain hedging relationships affected by changes in the interest rates used for discounting cash flows. The Company’s exposure to LIBOR rates includes its Credit Facility, as well as its Florida Mortgage and related interest rate swap agreement. These optional expedients and exceptions are effective as of March 12, 2020 through December 31, 2022. Adoption is permitted at any time. The Amended and Restated Credit Agreement provides both the Credit Facility and the Florida Mortgage with a Benchmark Replacement that will replace the LIBOR rate (see Note 16). The Company is currently evaluating the impact this update may have on its consolidated financial statements. In October 2021, the FASB issued ASU No. 2021-08, “Accounting for Contract Assets and Contract Liabilities from Contracts With Customers,” which amends the accounting for contract assets acquired and contract liabilities assumed from contracts with customers in business combinations (“acquired contract balances”). The update requires contract assets and contract liabilities from contracts with customers that are acquired in a business combination to be recognized and measured as if the acquirer had originated the original contract. Previously, acquired contract assets and liabilities were measured at fair value. The ASU is effective for fiscal years ending after December 15, 2022. Early adoption is permitted. We do not expect the adoption to have a material impact on our consolidated financial statements. In June 2022, the FASB issued ASU No. 2022-03, "Fair Value Measurements (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions," which clarifies and amends the guidance of measuring the fair value of equity securities subject to contractual restrictions that prohibit the sale of the equity securities. The guidance will be effective for fiscal years beginning after December 15, 2023 and interim periods within those fiscal years. We do not expect the adoption to have a material impact on our consolidated financial statements.

Acquisitions (Tables)

Acquisitions (Tables) - Onkyo Home Entertainment Corporation [Member]	6 Months Ended
	Aug. 31, 2022
Summary of Preliminary Allocation of Purchase Price for Fair Value of Assets Acquired and Liabilities Assumed	The following summarizes the preliminary allocation of the purchase price based upon the fair value of the assets acquired at the date of acquisition: September 8, 2021 Measurement September 8, 2021 Purchase price: Cash paid $ 21,989 - 21,989 Assignment of notes and interest receivable 8,417 - 8,417 Fair value of contingent consideration 6,710 68 6,778 Total transaction consideration $ 37,116 68 37,184 Allocation: Intangible assets $ 26,929 ( 7,905 ) 19,024 Goodwill 10,187 7,973 18,160 Total assets acquired $ 37,116 68 37,184
Summary of Amounts Assigned to Goodwill and Intangible Assets	The amounts assigned to goodwill and intangible assets for the acquisition are as follows: September 8, 2021 (as adjusted) Amortization Period (Years) Goodwill $ 18,160 N/A Tradenames 12,468 10 Technology 6,556 5 $ 37,184
Rollforward of the Redeemable Non-controlling Interest	The following table provides the rollforward of the redeemable non-controlling interest for the six months ended August 31, 2022: Redeemable Non-controlling Interest Balance at February 28, 2022 $ 511 Net loss attributable to non-controlling interest ( 733 ) Comprehensive loss attributable to non-controlling interest ( 75 ) Foreign currency translation ( 24 ) Balance at August 31, 2022 $ ( 321 )

Net (Loss) Income Per Common _2

Net (Loss) Income Per Common Share (Tables)	6 Months Ended
	Aug. 31, 2022
Net Income Per Common Share [Abstract]
Reconciliation Between Denominator of Basic and Diluted Net (Loss) Income Per Common Share	A reconciliation between the denominator of basic and diluted net (loss) income per common share is as follows: Three months ended Six months ended 2022 2021 2022 2021 Weighted-average common shares outstanding (basic) 24,423,577 24,281,220 24,418,020 24,273,731 Effect of dilutive securities: Restricted stock units, stock grants, and market stock units — 574,087 — 616,910 Weighted-average common shares and potential common shares outstanding (diluted) 24,423,577 24,855,307 24,418,020 24,890,641

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Aug. 31, 2022
Investment Securities [Abstract]
Summary of Investment Securities	As of August 31, 2022, and February 28, 2022, the Company had the following investments: August 31, 2022 Fair Value Investment Securities Marketable Equity Securities Mutual funds $ 1,225 Total Marketable Equity Securities 1,225 Total Investment Securities $ 1,225 February 28, 2022 Fair Value Investment Securities Marketable Equity Securities Mutual funds $ 1,231 Total Marketable Securities 1,231 Total Investment Securities $ 1,231

Fair Value Measurements and D_2

Fair Value Measurements and Derivatives (Tables)	6 Months Ended
	Aug. 31, 2022
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured on Recurring Basis	The following table presents financial assets and liabilities measured at fair value on a recurring basis at August 31, 2022: Fair Value Measurements at Total Level 1 Level 2 Level 3 Assets: Cash and money market funds $ 4,326 $ 4,326 $ - $ - Mutual funds 1,225 1,225 - - Derivatives designated for hedging 84 - 84 - Liabilities: Contingent consideration $ 5,018 $ - $ - $ 5,018 The following table presents financial assets and liabilities measured at fair value on a recurring basis at February 28, 2022: Fair Value Measurements at Total Level 1 Level 2 Level 3 Assets Cash and money market funds $ 27,788 $ 27,788 $ - $ - Mutual funds 1,231 1,231 - - Liabilities: Derivatives designated for hedging $ 188 - 188 - Contingent consideration 6,435 - - 6,435
Company's Contingent Consideration Balance	The following table provides a rollforward of the Company's contingent consideration balance for the six months ended August 31, 2022: Balance at February 28, 2022 $ 6,435 Payments made to OHEC ( 397 ) Fair value adjustment 52 Foreign currency translation ( 1,072 ) Balance at August 31, 2022 $ 5,018
Fair Value, by Balance Sheet Grouping	The following table discloses the fair value as of August 31, 2022 and February 28, 2022 of the Company’s derivative instruments: Derivative Assets and Liabilities Fair Value Account August 31, 2022 February 28, 2022 Designated derivative instruments Interest rate swap agreements Other assets 84 — Other long-term liabilities — ( 188 ) Total derivatives $ 84 $ ( 188 )
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)	Activity related to cash flow hedges recorded during the three and six months ended August 31, 2022 and 2021 was as follows: Three months ended Six months ended August 31, 2022 August 31, 2022 Pretax Gain Pretax Loss Pretax Gain Pretax Gain Cash flow hedges Foreign currency contracts $ — $ — $ — $ 63 Interest rate swaps 99 — 272 — Three months ended Six months ended August 31, 2021 August 31, 2021 Pretax (Loss) Gain Pretax Loss Pretax (Loss) Gain Pretax Loss Cash flow hedges Foreign currency contracts $ 172 $ ( 29 ) $ 144 $ ( 205 ) Interest rate swaps 19 — 37 —

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Aug. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Accumulated Other Comprehensive Loss	The Company’s accumulated other comprehensive loss consists of the following: Foreign Pension plan Derivatives Total Balance at February 28, 2022 $ ( 16,691 ) $ ( 711 ) $ ( 101 ) $ ( 17,503 ) Other comprehensive (loss) income before reclassifications ( 3,622 ) 72 229 ( 3,321 ) Reclassified from accumulated other comprehensive loss — — ( 43 ) ( 43 ) Net current-period other comprehensive (loss) income ( 3,622 ) 72 186 ( 3,364 ) Balance at August 31, 2022 $ ( 20,313 ) $ ( 639 ) $ 85 $ ( 20,867 )

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	6 Months Ended
	Aug. 31, 2022
Supplemental Cash Flow Information [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	The following is supplemental information relating to the Unaudited Consolidated Statements of Cash Flows: Six months ended 2022 2021 Non-cash investing and financing activities: Recording of redeemable equity $ ( 108 ) $ 85 Reclassification of stockholders' equity to redeemable equity 341 - Gross issuance of shares 1 1 Change in goodwill due to measurement period adjustments, net - ( 1,353 ) Right of use assets obtained in exchange for operating lease obligations 659 - Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 751 $ 677 Operating cash flows from finance leases 2 7 Finance cash flows from finance leases 147 218 Cash paid during the period: Interest (excluding bank charges) $ 671 $ 310 Income taxes (net of refunds) 1,742 402

Accounting for Stock-Based Co_2

Accounting for Stock-Based Compensation (Tables)	6 Months Ended
	Aug. 31, 2022
Share-Based Payment Arrangement, Noncash Expense [Abstract]
Summary of Activity Related to Initial Stock Grant Additional Stock Grants under Employment Agreement and RSU Grants under 2014 Plan	The following table presents a summary of the activity related to the initial stock grant, additional stock grants under the Employment Agreement, and RSU grants under the 2014 Plan for the six months ended August 31, 2022: Number Weighted Unvested award balance at February 28, 2022 354,360 $ 6.30 Granted 46,556 8.28 Vested ( 25,296 ) 4.65 Vested and settled ( 100,000 ) 4.15 Unvested award balance at August 31, 2022 275,620 $ 7.57

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Aug. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The change in goodwill by segment is as follows: Automotive Electronics: Amount Beginning balance at March 1, 2022 $ 10,425 Activity during the period — Balance at August 31, 2022 $ 10,425 Gross carrying value at August 31, 2022 $ 10,425 Accumulated impairment charge — Net carrying value at August 31, 2022 $ 10,425 Consumer Electronics: Beginning balance at March 1, 2022 $ 63,895 Goodwill acquired during the period - Foreign currency adjustments ( 2,908 ) Balance at August 31, 2022 $ 60,987 Gross carrying value at August 31, 2022 $ 93,150 Accumulated impairment charge ( 32,163 ) Net carrying value at August 31, 2022 $ 60,987 Total Goodwill, net $ 71,412 The Company's Biometrics segment did no t carry a goodwill balance at August 31, 2022 or February 28, 2022 .
Schedule of Intangible Assets, Excluding Goodwill	At August 31, 2022, intangible assets consisted of the following: Gross Accumulated Total Net Finite-lived intangible assets: Customer relationships $ 53,448 $ 40,749 $ 12,699 Trademarks/Tradenames 15,469 2,583 12,886 Developed technology 19,363 13,966 5,397 Patents 6,735 5,704 1,031 License 1,400 1,400 — Contracts 1,556 1,556 — Total finite-lived intangible assets $ 97,971 $ 65,958 32,013 Indefinite-lived intangible assets Trademarks 62,586 Total intangible assets, net $ 94,599 At February 28, 2022, intangible assets consisted of the following: Gross Accumulated Total Net Finite-lived intangible assets: Customer relationships $ 54,138 $ 39,669 $ 14,469 Trademarks/Tradenames 17,466 1,927 15,539 Developed technology 20,413 13,179 7,234 Patents 6,736 5,562 1,174 License 1,400 1,400 — Contracts 1,556 1,556 — Total finite-lived intangible assets $ 101,709 $ 63,293 38,416 Indefinite-lived intangible assets Trademarks 63,034 Total intangible assets, net $ 101,450
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The estimated aggregate amortization expense for all amortizable intangibles for August 31 of each of the succeeding years is as follows: Year Amount 2023 $ 5,968 2024 5,699 2025 5,483 2026 4,338 2027 2,995

Equity Investment (Tables)

Equity Investment (Tables)	6 Months Ended
	Aug. 31, 2022
Equity Method Investment, Summarized Financial Information [Abstract]
Equity Method Investment, Summarized Financial Information	The following presents summary financial information for ASA. Such summary financial information has been provided herein based upon the individual significance of ASA to the consolidated financial information of the Company. August 31, 2022 February 28, 2022 Current assets $ 49,768 $ 46,202 Non-current assets 6,881 7,382 Liabilities 12,279 10,888 Members' equity 44,370 42,696 Six months ended 2022 2021 Net sales $ 56,199 $ 61,560 Gross profit 12,688 15,769 Operating income 6,670 9,488 Net income 6,702 9,516

Inventory (Tables)

Inventory (Tables)	6 Months Ended
	Aug. 31, 2022
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	Inventories by major category are as follows: August 31, February 28, Raw materials $ 21,492 $ 23,904 Work in process 1,279 1,519 Finished goods 170,160 149,499 Inventory $ 192,931 $ 174,922

Product Warranties and Produc_2

Product Warranties and Product Repair Costs (Tables)	6 Months Ended
	Aug. 31, 2022
Payables And Accruals Warranties [Abstract]
Schedule of Product Warranty Liability	The following table provides a summary of the activity with respect to product warranties and product repair costs. The liability for product warranties is included within Accrued expenses and other current liabilities and the reserve for product repair costs is recorded as a reduction of Inventory on the Consolidated Balance Sheets. Three months ended Six months ended 2022 2021 2022 2021 Opening balance $ 6,268 $ 5,390 $ 5,622 $ 5,290 Liabilities for warranties accrued during the period 1,299 537 3,297 1,237 Liabilities adjusted during acquisition — ( 352 ) — ( 352 ) Warranty claims settled during the period ( 1,328 ) ( 1,080 ) ( 2,680 ) ( 1,680 ) Ending balance $ 6,239 $ 4,495 $ 6,239 $ 4,495

Financing Arrangements (Tables)

Financing Arrangements (Tables)	6 Months Ended
	Aug. 31, 2022
Debt Disclosure [Abstract]
Schedule of Debt	The Company has the following financing arrangements: August 31, February 28, Debt Domestic credit facility (a) $ 27,400 $ — Florida mortgage (b) 6,365 6,614 Euro asset-based lending obligation - VOXX Germany (c) — 1,906 Shareholder loan payable to Sharp (d) 3,976 4,718 Total debt 37,741 13,238 Less: current portion of long-term debt 500 2,406 Long-term debt 37,241 10,832 Less: debt issuance costs 920 1,046 Total long-term debt, net of debt issuance costs $ 36,321 $ 9,786 (a) Domestic Credit Facility The Company has a senior secured credit facility (the "Credit Facility") with Wells Fargo Bank, N.A. ("Wells Fargo") that provides for a revolving credit facility with committed availability of up to $ 140,000 . The Credit Facility also includes a $ 30,000 sublimit for letters of credit and a $ 15,000 sublimit for swingline loans. The availability under the revolving credit line within the Credit Facility is subject to a borrowing base, which is based on eligible accounts receivable, eligible inventory and certain real estate, subject to reserves as determined by the lender, and is also limited by amounts outstanding under the Florida Mortgage (see Note 16(b)). The availability under the revolving credit line of the Credit Facility was $ 101,571 as of August 31, 2022. All amounts outstanding under the Credit Facility will mature and become due on April 19, 2026 ; however, it is subject to acceleration upon the occurrence of an Event of Default as defined in the Second Amended and Restated Credit Agreement (“the Agreement”). The Company may prepay any amounts outstanding at any time, subject to payment of certain breakage and redeployment costs relating to LIBOR Rate Loans. The commitments under the Credit Facility may be irrevocably reduced at any time, without premium or penalty as set forth in the Agreement. Generally, the Company may designate specific borrowings under the Credit Facility as either Base Rate Loans or LIBOR Rate Loans, except that swingline loans may only be designated as Base Rate Loans. Loans designated as LIBOR Rate Loans bear interest at a rate equal to the then applicable LIBOR rate plus a range of 1.75 – 2.25 % ( 4.18 % at August 31, 2022 ). Loans designated as Base Rate loans bear interest at a rate equal to the applicable margin for Base Rate Loans plus a range of 0.75 - 1.25 % as defined in the Agreement and shall not be lower than 1.75 % ( 6.25 % at August 31, 2022). An amendment to the Credit Facility in April 2021 provided for a Benchmark Replacement that will replace the LIBOR rate for all revolver usage. The Benchmark Replacement is subject to the occurrence of a Benchmark Transition Event, as defined in the Second Amended and Restated Credit Agreement and becomes effective after a five-day transition period following the event. Provided that the Company is in a Compliance Period (the period commencing on that day in which Excess Availability is less than 15 % of the Maximum Revolver Amount and ending on a day in which Excess Availability is equal to or greater than 15% for any consecutive 30-day period thereafter) , the Credit Facility requires compliance with a financial covenant calculated as of the last day of each month, consisting of a Fixed Charge Coverage Ratio. The Credit Facility also contains covenants, subject to defined carveouts, that limit the ability of the loan parties and certain of their subsidiaries which are not loan parties to, among other things: (i) incur additional indebtedness; (ii) incur liens; (iii) merge, consolidate or dispose of a substantial portion of their business; (iv) transfer or dispose of assets; (v) change their name, organizational identification number, state or province of organization or organizational identity; (vi) make any material change in their nature of business; (vii) prepay or otherwise acquire indebtedness; (viii) cause any change of control; (ix) make any restricted junior payment; (x) change their fiscal year or method of accounting; (xi) make advances, loans or investments; (xii) enter into or permit any transaction with an affiliate of any borrower or any of their subsidiaries; (xiii) use proceeds for certain items; (xiv) issue or sell any of their stock; or (xv) consign or sell any of their inventory on certain terms. In addition, if excess availability under the Credit Facility were to fall below certain specified levels, as defined in the Agreement, the lenders would have the right to assume dominion and control over the Company's cash. As of August 31, 2022, the Company was not in a Compliance Period. The obligations under the Credit Facility documents are secured by a general lien on, and security interest in, substantially all of the assets of the borrowers and certain of the guarantors, including accounts receivable, equipment, real estate, general intangibles, and inventory. The Company has guaranteed the obligations of the borrowers under the Agreement. Charges incurred on the unused portion of the Credit Facility during the three and six months ended August 31, 2022 totaled $ 186 and $ 392 , respectively, compared to $ 190 and $ 323 during the three and six months ended August 31, 2021, respectively. These charges are included within Interest and bank charges on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income. T he Company has deferred financing costs related to the Credit Facility and previous amendments and modifications of the Credit Facility. In conjunction with the amendment to its Credit Facility in April 2021, the Company incurred additional financing fees of $ 667 that will be amortized over the remaining term of the facility. The Company accounted for this amendment to the Credit Facility as a modification of debt. Deferred financing costs are included in Long-term debt on the accompanying Consolidated Balance Sheets as a contra-liability balance and are amortized through Interest and bank charges in the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income over the term of the Credit Facility, which expires on April 19, 2026 . During the three and six months ended August 31, 2022, the Company amortized $ 56 and $ 111 of these costs, respectively, as compared to $ 56 and $ 131 during the three and six months ended August 31, 2021, respectively. The net unamortized balance of these deferred financing costs as of August 31, 2022 was $ 811 . (b) Florida Mortgage On July 6, 2015, VOXX HQ LLC, the Company’s wholly owned subsidiary, closed on a $ 9,995 industrial development revenue tax exempt bond under a loan agreement in favor of the Orange County Industrial Development Authority (the “Authority”) to finance the construction of the Company's manufacturing facility and executive offices in Lake Nona, Florida. Wells Fargo Bank, N.A. ("Wells Fargo") was the purchaser of the bond and U.S. Bank National Association is the trustee under an Indenture of Trust with the Authority. Voxx borrowed the proceeds of the bond purchase from the Authority during construction as a revolving loan, which converted to a permanent mortgage upon completion of the facility in January 2016 (the "Florida Mortgage"). The Company makes principal and interest payments to Wells Fargo, which began March 1, 2016 and will continue through March of 2026. The Florida Mortgage bears interest at 70 % of 1-month LIBOR plus 1.54 % ( 4.09 % at August 31, 2022) and is secured by a first mortgage on the property, a collateral assignment of leases and rents and a guaranty by the Company. The financial covenants of the Florida Mortgage are as defined in the Company’s Credit Facility with Wells Fargo dated April 26, 2016 and amended in April 2021. The amendment to the Credit Facility in April 2021 provided for a Benchmark Replacement that will replace the LIBOR rate for all revolver usage. The Benchmark Replacement is subject to the occurrence of a Benchmark Transition Event, as defined in the Second Amended and Restated Credit Agreement and becomes effective after a five-day transition period following the event. The Company incurred debt financing costs totaling approximately $ 332 as a result of obtaining the Florida Mortgage, which are recorded as deferred financing costs and included in Long-term debt as a contra-liability balance on the accompanying Consolidated Balance Sheets and are being amortized through Interest and bank charges in the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income over the ten-year term of the Florida Mortgage. The Company amortized $ 8 and $ 16 of these costs during both the three and six months ended August 31, 2022 and 2021, respectively. The net unamortized balance of these deferred financing costs as of August 31, 2022 is $ 109 . On July 20, 2015, the Company entered into an interest rate swap agreement in order to hedge interest rate exposure related to the Florida Mortgage and pays a fixed rate of 3.48 % under the swap agreement (See Note 5). (c) Euro Asset-Based Lending Obligation – VOXX Germany Foreign bank obligations include a Euro Asset-Based Lending ("ABL") credit facility, which has a credit limit of € 8,000 for the Company's subsidiary, VOXX Germany, which expires on July 31, 2023. The rate of interest for the ABL is the three-month Euribor plus 2.30 % ( 2.95 % at August 31, 2022). (d) Shareholder Loan Payable to Sharp In conjunction with the capitalization and funding of the Company’s Onkyo joint venture with its partner Sharp, which was created in order to execute the acquisition of certain assets of the home audio/video business of OHEC on September 8, 2021 (see Note 2), Onkyo entered into a loan agreement with the shareholders of the joint venture, PAC and Sharp. The loan balance outstanding at August 31, 2022 represents the portion of the loan payable to Sharp. The loan balance due to PAC eliminates in consolidation. All amounts outstanding under the loan will mature and become payable ten years from the execution date of the acquisition, which is September 8, 2031. The loan may be prepaid subject to the approval of the board of directors of the joint venture and must be repaid if either the put or call option is exercised in accordance with the joint venture agreement. The rate of interest for the shareholder loan is 2.5 % and the loan is secured by a second priority lien on and secured interest in all assets of Onkyo.

Other (Expense) Income (Tables)

Other (Expense) Income (Tables)	6 Months Ended
	Aug. 31, 2022
Other Income and Expenses [Abstract]
Schedule of Other Nonoperating (Expense) Income	Other (expense) income is comprised of the following: Three months ended Six months ended 2022 2021 2022 2021 Foreign currency (loss) gain $ ( 1,721 ) $ ( 2 ) $ ( 4,087 ) $ 114 Interest income 4 5 9 12 Rental income 230 197 451 361 Miscellaneous ( 32 ) 176 ( 2 ) 331 Total other, net $ ( 1,519 ) $ 376 $ ( 3,629 ) $ 818

Lease Obligations (Tables)

Lease Obligations (Tables)	6 Months Ended
	Aug. 31, 2022
Leases [Abstract]
Schedule of Components of Lease Cost	The components of lease cost for the three and six months ended August 31, 2022 and 2021 were as follows: Three months ended Six months ended 2022 2021 2022 2021 Operating lease cost (a) (c) $ 390 $ 342 $ 785 $ 683 Finance lease cost: Amortization of right of use assets (a) 73 101 146 222 Interest on lease liabilities (b) 1 3 2 7 Total finance lease cost $ 74 $ 104 $ 148 $ 229 (a) Recorded within Selling, General and administrative, Engineering and technical support, and Cost of sales on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income . (b) Recorded within Interest and bank charges on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income . (c) Includes immaterial amounts related to variable rent expense.
Schedule of Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases is as follows: August 31, 2022 February 28, 2022 Operating Leases Operating lease, right of use assets $ 4,106 $ 4,464 Total operating lease right of use assets $ 4,106 $ 4,464 Accrued expenses and other current liabilities $ 1,201 $ 1,255 Operating lease liabilities, less current portion 2,924 3,298 Total operating lease liabilities $ 4,125 $ 4,553 Finance Leases Property, plant, and equipment, gross $ 2,503 $ 2,503 Accumulated depreciation ( 2,354 ) ( 2,208 ) Total finance lease right of use assets $ 149 $ 295 Accrued expenses and other current liabilities $ 155 $ 224 Finance lease liabilities, less current portion — 78 Total finance lease liabilities $ 155 $ 302 Weighted Average Remaining Lease Term Operating leases 5.2 years 5.5 years Finance leases 1.0 years 1.3 years Weighted Average Discount Rate Operating leases 3.79 % 4.01 % Finance leases 3.87 % 3.87 %
Schedule of Maturities of Leases Liabilities	Maturities of lease liabilities on August 31 of each of the succeeding years are as follows: Operating Leases Finance Leases 2023 $ 1,313 157 2024 961 — 2025 574 — 2026 433 — 2027 292 — Thereafter 928 — Total lease payments 4,501 157 Less imputed interest 376 2 Total $ 4,125 155

Capital Structure (Tables)

Capital Structure (Tables)	6 Months Ended
	Aug. 31, 2022
Equity [Abstract]
Schedule of Capital Units	The Company's capital structure is as follows: Shares Authorized Shares Outstanding Security Par August 31, 2022 February 28, 2022 August 31, 2022 February 28, 2022 Voting Liquidation Preferred Stock $ 50.00 50,000 50,000 — — — $ 50 per share Series Preferred Stock $ 0.01 1,500,000 1,500,000 — — — — Class A Common Stock $ 0.01 60,000,000 60,000,000 21,675,966 21,614,629 1 Ratably with Class B Common Stock $ 0.01 10,000,000 10,000,000 2,260,954 2,260,954 10 Ratably with Treasury Stock at cost at cost 2,862,218 2,862,218 N/A N/A N/A

Variable Interest Entity (Table

Variable Interest Entity (Tables) - Variable Interest Entity, Primary Beneficiary [Member]	6 Months Ended
	Aug. 31, 2022
Variable Interest Entity [Line Items]
Summary of Carrying Values of Assets and Liabilities Included in Consolidated Balance Sheets	The following table sets forth the carrying values of assets and liabilities of EyeLock LLC that were included on our Consolidated Balance Sheets as of August 31, 2022 and February 28, 2022: August 31, February 28, Assets (unaudited) Current assets: Cash and cash equivalents $ — $ 25 Accounts receivable, net 321 47 Inventory, net 2,168 2,028 Prepaid expenses and other current assets 142 245 Total current assets 2,631 2,345 Property, plant and equipment, net 16 39 Intangible assets, net 1,921 2,057 Other assets 30 59 Total assets $ 4,598 $ 4,500 Liabilities and Partners' Deficit Current liabilities: Accounts payable $ 888 $ 1,023 Interest payable to VOXX 13,960 13,099 Accrued expenses and other current liabilities 431 766 Due to VOXX 66,936 66,390 Total current liabilities 82,215 81,278 Prepaid ownership interest in EyeLock LLC due to GalvanEyes LLC 4,921 2,451 Other long-term liabilities 1,200 1,200 Total liabilities 88,336 84,929 Commitments and contingencies Partners' deficit: Capital 41,416 41,416 Retained losses ( 125,154 ) ( 121,845 ) Total partners' deficit ( 83,738 ) ( 80,429 ) Total liabilities and partners' deficit $ 4,598 $ 4,500
Summary of Revenues and Expenses Included in Consolidated Statements of Operations and Comprehensive (Loss) Income	The following table sets forth the revenues and expenses of EyeLock LLC that were included in our Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income for the three and six months ended August 31, 2022 and 2021: For the three months For the six months 2022 2021 2022 2021 Net sales $ 332 $ 253 $ 435 $ 458 Cost of sales 198 177 276 340 Gross profit 134 76 159 118 Operating expenses: Selling 139 163 304 326 General and administrative 411 432 784 776 Engineering and technical support 631 1,641 1,500 3,128 Total operating expenses 1,181 2,236 2,588 4,230 Operating loss ( 1,047 ) ( 2,160 ) ( 2,429 ) ( 4,112 ) Other expense: Interest and bank charges ( 435 ) ( 415 ) ( 868 ) ( 816 ) Other, net ( 12 ) — ( 12 ) — Total other expense, net ( 447 ) ( 415 ) ( 880 ) ( 816 ) Loss before income taxes ( 1,494 ) ( 2,575 ) ( 3,309 ) ( 4,928 ) Income tax expense — — — — Net loss $ ( 1,494 ) $ ( 2,575 ) $ ( 3,309 ) $ ( 4,928 )

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Aug. 31, 2022
Segment Reporting [Abstract]
Schedule of Segment Reporting Information by Segments	Segment data for each of the Company's segments is presented below: Automotive Consumer Biometrics Corporate/ Total Three Months Ended August 31, 2022 Net sales $ 37,218 $ 88,015 $ 332 $ 140 $ 125,705 Equity in income of equity investees 1,763 — — — 1,763 Interest expense and bank charges 445 2,018 435 ( 1,987 ) 911 Depreciation and amortization expense 897 1,729 72 911 3,609 Loss before income taxes (a) ( 126 ) ( 4,555 ) ( 1,494 ) ( 5,452 ) ( 11,627 ) Three Months Ended August 31, 2021 Net sales $ 45,761 $ 96,959 $ 253 $ 136 $ 143,109 Equity in income of equity investees 2,035 — — — 2,035 Interest expense and bank charges 309 1,911 415 ( 2,053 ) 582 Depreciation and amortization expense 755 1,003 75 932 2,765 Income (loss) before income taxes 926 2,439 ( 2,575 ) ( 1,699 ) ( 909 ) Six Months Ended August 31, 2022 Net sales $ 76,803 $ 176,952 $ 435 $ 247 $ 254,437 Equity in income of equity investees 3,351 — — — 3,351 Interest expense and bank charges 850 3,985 868 ( 4,062 ) 1,641 Depreciation and amortization expense 1,658 3,533 145 1,390 6,726 Loss before income taxes (a) ( 617 ) ( 4,028 ) ( 3,309 ) ( 12,612 ) ( 20,566 ) Six Months Ended August 31, 2021 Net sales $ 88,418 $ 191,072 $ 458 $ 221 $ 280,169 Equity in income of equity investees 4,758 — — — 4,758 Interest expense and bank charges 682 3,886 816 ( 4,274 ) 1,110 Depreciation and amortization expense 1,538 2,004 151 1,879 5,572 Income (loss) before income taxes 4,156 7,907 ( 4,928 ) ( 5,763 ) 1,372 (a) Included within (Loss) income before taxes on Corporate/Eliminations for the three and six months ended August 31, 2022 are foreign currency losses of $ 1,362 and $ 3,441 , respectively, attributable to the Company's Onkyo subsidiary related to intercompany transactions and financial statement translation adjustments.

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	6 Months Ended
	Aug. 31, 2022
Revenue from Contract with Customer [Abstract]
Reconciliation of Contract Liabilities	The following table provides a reconciliation of the Company’s contract liabilities as of August 31, 2022: Balance at February 28, 2022 $ 5,412 Subscription payments received 2,989 Revenue recognized ( 3,731 ) Balance at August 31, 2022 $ 4,670
Disaggregation of Revenue	The Company operates in three reportable segments: Automotive Electronics, Consumer Electronics, and Biometrics. ASC 606 requires further disaggregation of an entity’s revenue. In the following table, the Company's net sales are disaggregated by segment and product type for the three and six months ended August 31, 2022 and 2021: Three months ended Six months ended 2022 2021 2022 2021 Automotive Electronics Segment OEM Products $ 15,230 $ 16,403 $ 31,954 $ 31,317 Aftermarket Products 21,988 29,358 44,849 57,101 Total Automotive Segment 37,218 45,761 76,803 88,418 Consumer Electronics Segment Premium Audio Products 69,203 76,140 139,147 147,733 Other Consumer Electronic Products 18,812 20,819 37,805 43,339 Total Consumer Electronics Segment 88,015 96,959 176,952 191,072 Biometrics Segment Biometric Products 332 253 435 458 Total Biometrics Segment 332 253 435 458 Corporate/Eliminations 140 136 247 221 Total Net Sales $ 125,705 $ 143,109 $ 254,437 $ 280,169

Basis of Presentation - Additio

Basis of Presentation - Additional Information (Details)	6 Months Ended
	Aug. 31, 2022 Segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments	3

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
	Sep. 08, 2021	Aug. 31, 2022	Feb. 28, 2022	Aug. 31, 2022	Aug. 31, 2021	May 26, 2021
Business Acquisition [Line Items]
Adjustments to goodwill due to measurement period adjustments, net				$ 0	$ (1,353)
Onkyo Home Entertainment Corporation [Member]
Business Acquisition [Line Items]
Cash purchase price	$ 21,989
Percentage of net sales from consolidated net sales		2.50%		2%
Adjustments to goodwill due to measurement period adjustments, net	$ 7,973		$ 7,973
Contingent consideration payable, percentage of total price of certain future products purchases	2%
Onkyo Home Entertainment Corporation [Member] | PAC [Member]
Business Acquisition [Line Items]
Business acquisition, percentage of interests acquired						77.20%
Voting interest in joint venture						85.10%
Onkyo Home Entertainment Corporation [Member] | Sharp Corporation [Member]
Business Acquisition [Line Items]
Business acquisition, percentage of interests acquired						22.80%
Voting interest in joint venture						14.90%

Acquisitions - Summary of Preli

Acquisitions - Summary of Preliminary Allocation of Purchase Price Based Upon Fair Value of Assets Acquired (Details) - USD ($) $ in Thousands		3 Months Ended	6 Months Ended
	Sep. 08, 2021	Feb. 28, 2022	Aug. 31, 2022	Aug. 31, 2021
Business Acquisition [Line Items]
Goodwill, measurement period adjustments			$ 0	$ (1,353)
Allocation:
Goodwill		$ 74,320	$ 71,412
Onkyo Home Entertainment Corporation [Member]
Business Acquisition [Line Items]
Cash paid	$ 21,989
Assignment of notes and interest receivable	8,417
Fair value of contingent consideration	6,710
Total transaction consideration	37,116
Intangible assets	26,929
Goodwill	10,187
Total assets acquired	37,116
Fair value of contingent consideration, measurement period adjustments	68
Total transaction consideration, measurement period adjustments	68
Intangible assets, measurement period adjustments	(7,905)
Goodwill, measurement period adjustments	7,973	$ 7,973
Total assets acquired, measurement period adjustments	68
Purchase price:
Cash purchase price	21,989
Assignment of notes and interest receivable	8,417
Fair value of contingent consideration	6,778
Total transaction consideration	37,184
Allocation:
Intangible assets	19,024
Goodwill	18,160
Total assets acquired	$ 37,184

Acquisitions - Summary of Amoun

Acquisitions - Summary of Amounts Assigned to Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands	Sep. 08, 2021	Aug. 31, 2022	Feb. 28, 2022
Business Acquisition [Line Items]
Goodwill		$ 71,412	$ 74,320
Onkyo Home Entertainment Corporation [Member]
Business Acquisition [Line Items]
Goodwill	$ 18,160
Intangible assets	37,184
Goodwill [Member] | Onkyo Home Entertainment Corporation [Member]
Business Acquisition [Line Items]
Goodwill	18,160
Trademarks [Member] | Onkyo Home Entertainment Corporation [Member]
Business Acquisition [Line Items]
Intangible assets	$ 12,468
Intangible assets amortization period	10 years
Technology [Member] | Onkyo Home Entertainment Corporation [Member]
Business Acquisition [Line Items]
Intangible assets	$ 6,556
Intangible assets amortization period	5 years

Acquisitions - Rollforward of t

Acquisitions - Rollforward of the Redeemable Non-controlling Interest (Details) $ in Thousands	6 Months Ended
	Aug. 31, 2022 USD ($)
Business Acquisition [Line Items]
Balance at February 28, 2022	$ 511
Balance at August 31, 2022	(321)
Onkyo Home Entertainment Corporation [Member]
Business Acquisition [Line Items]
Balance at February 28, 2022	511
Net loss attributable to non-controlling interest	(733)
Comprehensive loss attributable to non-controlling interest	(75)
Foreign currency translation	(24)
Balance at August 31, 2022	$ (321)

Net (Loss) Income Per Common _3

Net (Loss) Income Per Common Share - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Net Income Per Common Share [Abstract]
Redemption value adjustment of redeemable non-controlling interest	$ 0		$ 0
Antidilutive securities excluded from computation of earnings per share, amount	377,019	0	372,922	0

Net (Loss) Income Per Common _4

Net (Loss) Income Per Common Share - Reconciliation Between Denominator of Basic and Diluted Net (Loss) Income Per Common Share (Details) - shares	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Net Income Per Common Share [Abstract]
Weighted-average common shares outstanding (basic)	24,423,577	24,281,220	24,418,020	24,273,731
Restricted stock units, stock grants, and market stock units	0	574,087	0	616,910
Weighted-average common shares and potential common shares outstanding (diluted)	24,423,577	24,855,307	24,418,020	24,890,641

Investment Securities - Summary

Investment Securities - Summary of Investment Securities (Details) - USD ($) $ in Thousands	Aug. 31, 2022	Feb. 28, 2022
Gain (Loss) on Securities [Line Items]
Marketable Equity Securities	$ 1,225	$ 1,231
Investments, Fair Value Disclosure	1,225	1,231
Mutual Funds [Member]
Gain (Loss) on Securities [Line Items]
Marketable Equity Securities	1,225	1,231
Investments, Fair Value Disclosure	$ 1,225	$ 1,231

Fair Value Measurements and D_3

Fair Value Measurements and Derivatives - Additional Information (Details)	3 Months Ended	6 Months Ended
	Aug. 31, 2022 USD ($) Derivative	Aug. 31, 2022 USD ($) Derivative	Jul. 20, 2015
Derivative Instruments Gain Loss [Line Items]
Derivative, Fixed Interest Rate			3.48%
Foreign currency contracts settled date		Feb. 28, 2022
Amount excluded from assessment of hedge effectiveness	$ 0	$ 0
Foreign currency contracts terminated | Derivative	0	0
Interest Rate Swap [Member]
Derivative Instruments Gain Loss [Line Items]
Current outstanding notional value	$ 6,365,000	$ 6,365,000

Fair Value Measurements and D_4

Fair Value Measurements and Derivatives - Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Aug. 31, 2022	Feb. 28, 2022
Assets:
Cash and money market funds	$ 4,326	$ 27,788
Investments, Fair Value Disclosure	1,225	1,231
Derivatives designated for hedging	84
Liabilities:
Derivatives designated for hedging		188
Contingent consideration	5,018	6,435
Mutual Funds [Member]
Assets:
Investments, Fair Value Disclosure	1,225	1,231
Fair Value, Inputs, Level 1 [Member]
Assets:
Cash and money market funds	4,326	27,788
Fair Value, Inputs, Level 1 [Member] | Mutual Funds [Member]
Assets:
Investments, Fair Value Disclosure	1,225	1,231
Fair Value, Inputs, Level 2 [Member]
Assets:
Derivatives designated for hedging	84
Liabilities:
Derivatives designated for hedging		188
Level 3 [Member]
Liabilities:
Contingent consideration	$ 5,018	$ 6,435

Fair Value Measurements and D_5

Fair Value Measurements and Derivatives - Company's Contingent Consideration Balance (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Foreign currency translation	$ (1,721)	$ (2)	$ (4,087)	$ 114
Contingent Consideration
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value, Beginning Balance			6,435
Payments made to OHEC			(397)
Fair value adjustment			52
Foreign currency translation			(1,072)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value, Ending Balance	$ 5,018		$ 5,018

Fair Value Measurements and D_6

Fair Value Measurements and Derivatives - Fair Value, by Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Aug. 31, 2022	Feb. 28, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Assets and Liabilities	$ 84	$ (188)
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other assets	$ 84
Other long-term liabilities		$ (188)

Fair Value Measurements and D_7

Fair Value Measurements and Derivatives - Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) (Details) - Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Foreign Exchange Forward [Member]
Derivative Instruments Gain Loss [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax		$ 172		$ 144
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net		(29)	$ 63	(205)
Interest Rate Swap [Member]
Derivative Instruments Gain Loss [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	$ 99	$ 19	$ 272	$ 37

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Schedule of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Aug. 31, 2022	May 31, 2022	Aug. 31, 2021	May 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Accumulated Other Comprehensive Income Loss [Line Items]
Stockholders equity, beginning of period	$ 333,316	$ 346,102	$ 377,772	$ 376,069	$ 346,102	$ 376,069
Other comprehensive loss, net of tax	(1,989)	(1,375)	(1,149)	492	(3,364)	(657)
Stockholders equity, end of period	320,331	333,316	374,829	377,772	320,331	374,829
Foreign Currency Translation Losses [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Stockholders equity, beginning of period		(16,691)			(16,691)
Other comprehensive (loss) income before reclassifications					(3,622)
Other comprehensive loss, net of tax					(3,622)
Stockholders equity, end of period	(20,313)				(20,313)
Pension Plan Adjustments, Net of Tax [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Stockholders equity, beginning of period		(711)			(711)
Other comprehensive (loss) income before reclassifications					72
Other comprehensive loss, net of tax					72
Stockholders equity, end of period	(639)				(639)
Derivatives Designated in a Hedging Relationship, Net of Tax [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Stockholders equity, beginning of period		(101)			(101)
Other comprehensive (loss) income before reclassifications					229
Reclassified from accumulated other comprehensive loss					(43)
Other comprehensive loss, net of tax					186
Stockholders equity, end of period	85				85
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Stockholders equity, beginning of period	(18,878)	(17,503)	(14,485)	(14,977)	(17,503)	(14,977)
Other comprehensive (loss) income before reclassifications					(3,321)
Reclassified from accumulated other comprehensive loss					(43)
Other comprehensive loss, net of tax	(1,989)	(1,375)	(1,149)	492	(3,364)
Stockholders equity, end of period	$ (20,867)	$ (18,878)	$ (15,634)	$ (14,485)	$ (20,867)	$ (15,634)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Aug. 31, 2022	Aug. 31, 2022
Accumulated Other Comprehensive Income Loss [Line Items]
Other Comprehensive (Loss) Income, Cash Flow Hedge, Gain (Loss), after Reclassification, Tax	$ 0	$ 20
Other Comprehensive (Loss) Income, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ 0	0
Foreign Currency Translation Losses [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Other comprehensive (loss) income before reclassifications		(3,622)
Foreign Currency Translation Losses [Member] | Intercompany Transactions Of Long Term Investment Nature [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Other comprehensive (loss) income before reclassifications		(615)
Foreign Currency Translation Losses [Member] | Translating Financial Statements [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Other comprehensive (loss) income before reclassifications		$ (3,007)

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information - Schedule of Cash Flow, Supplemental Disclosures (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	May 31, 2022	Aug. 31, 2022	Aug. 31, 2021
Supplemental Cash Flow Information [Abstract]
Recording of redeemable equity		$ (108)	$ 85
Reclassification of stockholders' equity to redeemable equity	$ 33	341	0
Gross issuance of shares		1	1
Change in goodwill due to measurement period adjustments, net		0	(1,353)
Right of use assets obtained in exchange for operating lease obligations		659	0
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		751	677
Operating cash flows from finance leases		2	7
Finance cash flows from finance leases		147	218
Cash paid during the period:
Interest (excluding bank charges)		671	310
Income taxes (net of refunds)		$ 1,742	$ 402

Accounting for Stock-Based Co_3

Accounting for Stock-Based Compensation - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands						1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 01, 2022	Mar. 01, 2021	Mar. 01, 2020	Jan. 31, 2020	Jul. 08, 2019	Jul. 31, 2022	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021	Feb. 28, 2015
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock based compensation expense									$ 262	$ 473
Stock grants vested	100,000	100,000	100,000
Shares withheld for taxes	38,663	39,347
Patrick M. Lavelle [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Annual salary and cash bonus					$ 1,000
Stock based compensation expense							$ 23	$ 61	46	$ 122
Grant of market stock units maximum amount					$ 5,000
Maximum average stock price of grant market stock units					$ 5.49
Maximum increase amount of market stock units award					$ 5,000
Maximum threshold share price increases in value of award					$ 15
Estimated Maximum threshold share increases in value of award					333,333
Share-Based compensation arrangement by share based payment award grant of market stock units, vesting percentage	80%
Share-based compensation arrangement by share based payment award grant of market stock units vesting amount									$ 4,000
Percentage of market stock units, remain outstanding									20%
Patrick M. Lavelle [Member] | Common Class A [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation arrangement by share-based payment award, equity instruments other than options, grants in period, weighted average grant date fair value								$ 4.15		$ 4.15
Award vesting period					5 years
Grant of initial shares under employment agreement	61,337	60,653		100,000
Stock based compensation expense							0	$ 38	$ 0	$ 78
Patrick M. Lavelle [Member] | Common Class A [Member] | March 1, 2021 [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Additional grant of shares under employment agreement					100,000
Patrick M. Lavelle [Member] | Common Class A [Member] | March 1, 2020 [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Additional grant of shares under employment agreement					100,000
Patrick M. Lavelle [Member] | Common Class A [Member] | March 1, 2022 [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Additional grant of shares under employment agreement					100,000
Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Allocated share-based compensation expense							136	$ 237	262	$ 473
Employee service share-based compensation, nonvested awards, total compensation cost not yet recognized							$ 1,340		$ 1,340
2014 Plan [Member] | Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, expiration period											3 years
Share-based payment award vesting age of employee											65 years
Share-based Compensation arrangement by share-based payment award, equity instruments other than options, grants in period, weighted average grant date fair value									$ 8.28
Stock grants vested									25,296
Vested and unsettled awards, weighted average fair value									$ 4.65
2014 Plan [Member] | Restricted Stock Units [Member] | Employees [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock issued during period, shares, restricted stock award, gross						46,556
Share-based Compensation arrangement by share-based payment award, equity instruments other than options, grants in period, weighted average grant date fair value						$ 8.28
2014 Plan [Member] | Restricted Stock Units [Member] | Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based payment award vesting required service period											10 years
2014 Plan [Member] | Unsettled Stock Grants and RSU Awards [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock grants vested									501,505
Vested and unsettled awards, weighted average fair value									$ 6.79
2012 Equity Incentive Plan [Member] | Patrick M. Lavelle [Member] | Common Class A [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Grant of initial shares under employment agreement					200,000

Accounting for Stock-Based Co_4

Accounting for Stock-Based Compensation - Summary of Activity Related to Initial Stock Grant Additional Stock Grants under Employment Agreement and RSU Grants under 2014 Plan (Details) - $ / shares				6 Months Ended
	Mar. 01, 2022	Mar. 01, 2021	Mar. 01, 2020	Aug. 31, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	(100,000)	(100,000)	(100,000)
2014 Plan [Member] | Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	354,360			354,360
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period				46,556
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period				(25,296)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested and Settled in Period				(100,000)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number				275,620
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 6.30			$ 6.30
Share-based Compensation arrangement by share-based payment award, equity instruments other than options, grants in period, weighted average grant date fair value				8.28
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value				4.65
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested and Settled Period, Weighted Average Grant Date Fair Value				4.15
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value				$ 7.57

Supply Chain Financing - Additi

Supply Chain Financing - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Supply Chain Financing [Abstract]
Proceeds from sale and collection of receivables	$ 21,478	$ 29,975	$ 41,682	$ 42,176

Research and Development - Addi

Research and Development - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Research and Development [Abstract]
Research and development expense	$ 2,528	$ 3,624	$ 5,097	$ 5,945

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Goodwill (Details) $ in Thousands	6 Months Ended
	Aug. 31, 2022 USD ($)
Goodwill [Line Items]
Goodwill	$ 74,320
Goodwill	71,412
Automotive Electronics [Member]
Goodwill [Line Items]
Goodwill	10,425
Activity during the period	0
Goodwill	10,425
Goodwill, Gross	10,425
Goodwill, Impaired, Accumulated Impairment Loss	0
Consumer Electronics [Member]
Goodwill [Line Items]
Goodwill	63,895
Goodwill acquired during the period	0
Goodwill, Foreign currency adjustments	(2,908)
Goodwill	60,987
Goodwill, Gross	93,150
Goodwill, Impaired, Accumulated Impairment Loss	$ (32,163)

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021	Feb. 28, 2022
Goodwill and Intangible Assets [Line Items]
Goodwill	$ 71,412,000		$ 71,412,000		$ 74,320,000
Amortization of Intangible Assets	1,663,000	$ 1,375,000	3,588,000	$ 2,786,000
Biometrics [Member]
Goodwill and Intangible Assets [Line Items]
Goodwill	$ 0		$ 0		$ 0

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Schedule of Intangible Assets, Excluding Goodwill (Details) - USD ($) $ in Thousands	Aug. 31, 2022	Feb. 28, 2022
Goodwill and Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 97,971	$ 101,709
Finite-Lived Intangible Assets, Accumulated Amortization	65,958	63,293
Finite-Lived Intangible Assets, Net	32,013	38,416
Intangible assets, net	94,599	101,450
Trademarks [Member]
Goodwill and Intangible Assets [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)	62,586	63,034
Customer Relationships [Member]
Goodwill and Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	53,448	54,138
Finite-Lived Intangible Assets, Accumulated Amortization	40,749	39,669
Finite-Lived Intangible Assets, Net	12,699	14,469
Trademarks/Tradenames [Member]
Goodwill and Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	15,469	17,466
Finite-Lived Intangible Assets, Accumulated Amortization	2,583	1,927
Finite-Lived Intangible Assets, Net	12,886	15,539
Developed Technology [Member]
Goodwill and Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	19,363	20,413
Finite-Lived Intangible Assets, Accumulated Amortization	13,966	13,179
Finite-Lived Intangible Assets, Net	5,397	7,234
Patents [Member]
Goodwill and Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	6,735	6,736
Finite-Lived Intangible Assets, Accumulated Amortization	5,704	5,562
Finite-Lived Intangible Assets, Net	1,031	1,174
License [Member]
Goodwill and Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	1,400	1,400
Finite-Lived Intangible Assets, Accumulated Amortization	1,400	1,400
Finite-Lived Intangible Assets, Net	0	0
Contracts [Member]
Goodwill and Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	1,556	1,556
Finite-Lived Intangible Assets, Accumulated Amortization	1,556	1,556
Finite-Lived Intangible Assets, Net	$ 0	$ 0

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Schedule of Finite-Lived Intangible Assets, Future Amortization Expense (Details) $ in Thousands	Aug. 31, 2022 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2023	$ 5,968
2024	5,699
2025	5,483
2026	4,338
2027	$ 2,995

Equity Investment - Additional

Equity Investment - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021	Feb. 28, 2022
Schedule of Equity Method Investments [Line Items]
Income (loss) from equity method investments	$ 1,763	$ 2,035	$ 3,351	$ 4,758
ASA Electronics, LLC [Member]
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	50%		50%		50%

Equity Investment - Equity Meth

Equity Investment - Equity Method Investment, Summarized Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021	May 31, 2022	Feb. 28, 2022	May 31, 2021	Feb. 28, 2021
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Summarized Financial Information, Current Assets	$ 301,165		$ 301,165			$ 330,772
Equity Method Investment, Summarized Financial Information, Current Liabilities	163,976		163,976			204,016
Equity Method Investment Summarized Financial Information, Equity	320,331	$ 374,829	320,331	$ 374,829	$ 333,316	346,102	$ 377,772	$ 376,069
Equity Method Investment, Summarized Financial Information, Gross Profit (Loss)	29,257	37,186	62,496	73,881
Equity Method Investment, Summarized Financial Information, Net Income (Loss)	(10,919)	$ (692)	(18,766)	1,105
ASA Electronics, LLC [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Summarized Financial Information, Current Assets	49,768		49,768			46,202
Equity Method Investment, Summarized Financial Information, Noncurrent Assets	6,881		6,881			7,382
Equity Method Investment, Summarized Financial Information, Current Liabilities	12,279		12,279			10,888
Equity Method Investment Summarized Financial Information, Equity	$ 44,370		44,370			$ 42,696
Equity Method Investment, Summarized Financial Information, Revenue			56,199	61,560
Equity Method Investment, Summarized Financial Information, Gross Profit (Loss)			12,688	15,769
Equity Method Investment, Summarized Financial Information, Income (Loss) from Continuing Operations			6,670	9,488
Equity Method Investment, Summarized Financial Information, Net Income (Loss)			$ 6,702	$ 9,516

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021	Feb. 28, 2022
Income Tax Disclosure [Abstract]
Income tax provision (benefit)	$ (708)	$ (217)	$ (1,800)	$ 267
Unrecognized tax benefits, period increase (decrease)	$ 9	$ 70	$ 172	$ 144
Effective income tax rate, continuing operations	(6.10%)	(23.90%)	(8.80%)	19.50%
Income (loss) from continuing operations before income taxes, noncontrolling interest	$ (11,627)	$ (909)	$ (20,566)	$ 1,372
Effective income tax rate reconciliation, at federal statutory income tax rate, percent	21%	21%	21%	21%
Liability for uncertainty in income taxes, noncurrent	$ 907		$ 907		$ 1,083

Inventory - Schedule of Invento

Inventory - Schedule of Inventory, Current (Details) - USD ($) $ in Thousands	Aug. 31, 2022	Feb. 28, 2022
Inventory Disclosure [Abstract]
Raw materials	$ 21,492	$ 23,904
Work in process	1,279	1,519
Finished goods	170,160	149,499
Inventory	$ 192,931	$ 174,922

Product Warranties and Produc_3

Product Warranties and Product Repair Costs - Schedule of Product Warranty Liability (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Payables And Accruals Warranties [Abstract]
Opening balance	$ 6,268	$ 5,390	$ 5,622	$ 5,290
Liabilities for warranties accrued during the period	1,299	537	3,297	1,237
Liabilities adjusted during acquisition		(352)		(352)
Warranty claims settled during the period	(1,328)	(1,080)	(2,680)	(1,680)
Ending balance	$ 6,239	$ 4,495	$ 6,239	$ 4,495

Financing Arrangements - Schedu

Financing Arrangements - Schedule of Debt (Details) - USD ($) $ in Thousands		Aug. 31, 2022	Feb. 28, 2022
Debt, Long-term and Short-term, Combined Amount		$ 37,741	$ 13,238
Less: current portion of long-term debt		500	2,406
Long-term debt		37,241	10,832
Less: debt issuance costs		920	1,046
Total long-term debt, net of debt issuance costs		36,321	9,786
Mortgages [Member]
Debt, Long-term and Short-term, Combined Amount	[1]	6,365	6,614
Less: debt issuance costs		109
Revolving Credit Facility [Member]
Debt, Long-term and Short-term, Combined Amount	[2]	27,400
Audiovox Germany [Member] | Foreign Line of Credit [Member]
Debt, Long-term and Short-term, Combined Amount	[3]	0	1,906
Sharp Corporation [Member] | Shareholder Loan Payable [Member]
Debt, Long-term and Short-term, Combined Amount	[4]	$ 3,976	$ 4,718
[1] (b) Florida Mortgage On July 6, 2015, VOXX HQ LLC, the Company’s wholly owned subsidiary, closed on a $ 9,995 industrial development revenue tax exempt bond under a loan agreement in favor of the Orange County Industrial Development Authority (the “Authority”) to finance the construction of the Company's manufacturing facility and executive offices in Lake Nona, Florida. Wells Fargo Bank, N.A. ("Wells Fargo") was the purchaser of the bond and U.S. Bank National Association is the trustee under an Indenture of Trust with the Authority. Voxx borrowed the proceeds of the bond purchase from the Authority during construction as a revolving loan, which converted to a permanent mortgage upon completion of the facility in January 2016 (the "Florida Mortgage"). The Company makes principal and interest payments to Wells Fargo, which began March 1, 2016 and will continue through March of 2026. The Florida Mortgage bears interest at 70 % of 1-month LIBOR plus 1.54 % ( 4.09 % at August 31, 2022) and is secured by a first mortgage on the property, a collateral assignment of leases and rents and a guaranty by the Company. The financial covenants of the Florida Mortgage are as defined in the Company’s Credit Facility with Wells Fargo dated April 26, 2016 and amended in April 2021. The amendment to the Credit Facility in April 2021 provided for a Benchmark Replacement that will replace the LIBOR rate for all revolver usage. The Benchmark Replacement is subject to the occurrence of a Benchmark Transition Event, as defined in the Second Amended and Restated Credit Agreement and becomes effective after a five-day transition period following the event. The Company incurred debt financing costs totaling approximately $ 332 as a result of obtaining the Florida Mortgage, which are recorded as deferred financing costs and included in Long-term debt as a contra-liability balance on the accompanying Consolidated Balance Sheets and are being amortized through Interest and bank charges in the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income over the ten-year term of the Florida Mortgage. The Company amortized $ 8 and $ 16 of these costs during both the three and six months ended August 31, 2022 and 2021, respectively. The net unamortized balance of these deferred financing costs as of August 31, 2022 is $ 109 . On July 20, 2015, the Company entered into an interest rate swap agreement in order to hedge interest rate exposure related to the Florida Mortgage and pays a fixed rate of 3.48 % under the swap agreement (See Note 5). (a) Domestic Credit Facility The Company has a senior secured credit facility (the "Credit Facility") with Wells Fargo Bank, N.A. ("Wells Fargo") that provides for a revolving credit facility with committed availability of up to $ 140,000 . The Credit Facility also includes a $ 30,000 sublimit for letters of credit and a $ 15,000 sublimit for swingline loans. The availability under the revolving credit line within the Credit Facility is subject to a borrowing base, which is based on eligible accounts receivable, eligible inventory and certain real estate, subject to reserves as determined by the lender, and is also limited by amounts outstanding under the Florida Mortgage (see Note 16(b)). The availability under the revolving credit line of the Credit Facility was $ 101,571 as of August 31, 2022. All amounts outstanding under the Credit Facility will mature and become due on April 19, 2026 ; however, it is subject to acceleration upon the occurrence of an Event of Default as defined in the Second Amended and Restated Credit Agreement (“the Agreement”). The Company may prepay any amounts outstanding at any time, subject to payment of certain breakage and redeployment costs relating to LIBOR Rate Loans. The commitments under the Credit Facility may be irrevocably reduced at any time, without premium or penalty as set forth in the Agreement. Generally, the Company may designate specific borrowings under the Credit Facility as either Base Rate Loans or LIBOR Rate Loans, except that swingline loans may only be designated as Base Rate Loans. Loans designated as LIBOR Rate Loans bear interest at a rate equal to the then applicable LIBOR rate plus a range of 1.75 – 2.25 % ( 4.18 % at August 31, 2022 ). Loans designated as Base Rate loans bear interest at a rate equal to the applicable margin for Base Rate Loans plus a range of 0.75 - 1.25 % as defined in the Agreement and shall not be lower than 1.75 % ( 6.25 % at August 31, 2022). An amendment to the Credit Facility in April 2021 provided for a Benchmark Replacement that will replace the LIBOR rate for all revolver usage. The Benchmark Replacement is subject to the occurrence of a Benchmark Transition Event, as defined in the Second Amended and Restated Credit Agreement and becomes effective after a five-day transition period following the event. Provided that the Company is in a Compliance Period (the period commencing on that day in which Excess Availability is less than 15 % of the Maximum Revolver Amount and ending on a day in which Excess Availability is equal to or greater than 15% for any consecutive 30-day period thereafter) , the Credit Facility requires compliance with a financial covenant calculated as of the last day of each month, consisting of a Fixed Charge Coverage Ratio. The Credit Facility also contains covenants, subject to defined carveouts, that limit the ability of the loan parties and certain of their subsidiaries which are not loan parties to, among other things: (i) incur additional indebtedness; (ii) incur liens; (iii) merge, consolidate or dispose of a substantial portion of their business; (iv) transfer or dispose of assets; (v) change their name, organizational identification number, state or province of organization or organizational identity; (vi) make any material change in their nature of business; (vii) prepay or otherwise acquire indebtedness; (viii) cause any change of control; (ix) make any restricted junior payment; (x) change their fiscal year or method of accounting; (xi) make advances, loans or investments; (xii) enter into or permit any transaction with an affiliate of any borrower or any of their subsidiaries; (xiii) use proceeds for certain items; (xiv) issue or sell any of their stock; or (xv) consign or sell any of their inventory on certain terms. In addition, if excess availability under the Credit Facility were to fall below certain specified levels, as defined in the Agreement, the lenders would have the right to assume dominion and control over the Company's cash. As of August 31, 2022, the Company was not in a Compliance Period. The obligations under the Credit Facility documents are secured by a general lien on, and security interest in, substantially all of the assets of the borrowers and certain of the guarantors, including accounts receivable, equipment, real estate, general intangibles, and inventory. The Company has guaranteed the obligations of the borrowers under the Agreement. Charges incurred on the unused portion of the Credit Facility during the three and six months ended August 31, 2022 totaled $ 186 and $ 392 , respectively, compared to $ 190 and $ 323 during the three and six months ended August 31, 2021, respectively. These charges are included within Interest and bank charges on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income. T he Company has deferred financing costs related to the Credit Facility and previous amendments and modifications of the Credit Facility. In conjunction with the amendment to its Credit Facility in April 2021, the Company incurred additional financing fees of $ 667 that will be amortized over the remaining term of the facility. The Company accounted for this amendment to the Credit Facility as a modification of debt. Deferred financing costs are included in Long-term debt on the accompanying Consolidated Balance Sheets as a contra-liability balance and are amortized through Interest and bank charges in the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income over the term of the Credit Facility, which expires on April 19, 2026 . During the three and six months ended August 31, 2022, the Company amortized $ 56 and $ 111 of these costs, respectively, as compared to $ 56 and $ 131 during the three and six months ended August 31, 2021, respectively. The net unamortized balance of these deferred financing costs as of August 31, 2022 was $ 811 . (c) Euro Asset-Based Lending Obligation – VOXX Germany Foreign bank obligations include a Euro Asset-Based Lending ("ABL") credit facility, which has a credit limit of € 8,000 for the Company's subsidiary, VOXX Germany, which expires on July 31, 2023. The rate of interest for the ABL is the three-month Euribor plus 2.30 % ( 2.95 % at August 31, 2022). (d) Shareholder Loan Payable to Sharp In conjunction with the capitalization and funding of the Company’s Onkyo joint venture with its partner Sharp, which was created in order to execute the acquisition of certain assets of the home audio/video business of OHEC on September 8, 2021 (see Note 2), Onkyo entered into a loan agreement with the shareholders of the joint venture, PAC and Sharp. The loan balance outstanding at August 31, 2022 represents the portion of the loan payable to Sharp. The loan balance due to PAC eliminates in consolidation. All amounts outstanding under the loan will mature and become payable ten years from the execution date of the acquisition, which is September 8, 2031. The loan may be prepaid subject to the approval of the board of directors of the joint venture and must be repaid if either the put or call option is exercised in accordance with the joint venture agreement. The rate of interest for the shareholder loan is 2.5 % and the loan is secured by a second priority lien on and secured interest in all assets of Onkyo.

Financing Arrangements - Sche_2

Financing Arrangements - Schedule of Debt (Parenthetical) (Details) € in Thousands		3 Months Ended		6 Months Ended
	Sep. 08, 2021	Aug. 31, 2022 USD ($)	Aug. 31, 2021 USD ($)	Aug. 31, 2022 USD ($)	Aug. 31, 2021 USD ($)	Feb. 28, 2022 USD ($)	Apr. 30, 2021 USD ($)	Apr. 26, 2016 USD ($)	Jul. 20, 2015	Jul. 06, 2015 USD ($)	Oct. 23, 2000 EUR (€)
Line of credit facility, maturity date				Apr. 19, 2026
Percentage of maximum revolver amount				15%
Debt instrument compliance description				Provided that the Company is in a Compliance Period (the period commencing on that day in which Excess Availability is less than 15% of the Maximum Revolver Amount and ending on a day in which Excess Availability is equal to or greater than 15% for any consecutive 30-day period thereafter)
Line of credit facility, commitment fee amount		$ 186,000	$ 190,000	$ 392,000	$ 323,000
Line of credit facility, additional financing fees							$ 667,000
Debt issuance costs, net		920,000		$ 920,000		$ 1,046,000
Industrial revenue bond										$ 9,995,000
Mortgage bears interest rate				70%
Debt issuance costs, gross		$ 332,000		$ 332,000
Derivative, Fixed Interest Rate									3.48%
Sharp Corporation [Member] | Shareholder Loan Payable [Member] | Onkyo Home Entertainment Corporation [Member]
Debt instrument, term	10 years
Debt instrument, interest rate	2.50%
Mortgages [Member]
Debt instrument, basis spread on variable rate				1.54%
Debt instrument, interest rate at period end		4.09%		4.09%
Amortization of deferred financing costs		$ 8,000	8,000	$ 16,000	16,000
Debt issuance costs, net		$ 109,000		$ 109,000
Debt instrument, term				10 years
London Interbank Offered Rate (LIBOR) [Member]
Debt instrument, interest rate at period end		4.18%		4.18%
London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt instrument, basis spread on variable rate				1.75%
London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt instrument, basis spread on variable rate				2.25%
Base Rate [Member]
Debt instrument, interest rate at period end		6.25%		6.25%
Base Rate [Member] | Minimum [Member]
Debt instrument, basis spread on variable rate				0.75%
Base Rate [Member] | Maximum [Member]
Debt instrument, basis spread on variable rate				1.25%
Debt instrument, interest rate during period				1.75%
Wells Fargo [Member]
Line of credit facility, remaining borrowing capacity		$ 101,571,000		$ 101,571,000
Wells Fargo [Member] | Loans [Member]
Line of credit facility, maximum borrowing capacity								$ 15,000,000
Revolving Credit Facility [Member]
Line of credit facility, maturity date				Apr. 19, 2026
Revolving Credit Facility [Member] | Wells Fargo [Member]
Line of credit facility, current borrowing capacity								140,000,000
Letter of Credit [Member] | Wells Fargo [Member]
Line of credit facility, maximum borrowing capacity								$ 30,000,000
Line of Credit [Member]
Amortization of deferred financing costs		56,000	$ 56,000	$ 111,000	$ 131,000
Debt issuance costs, net		$ 811,000		$ 811,000
Foreign Line of Credit [Member] | Audiovox Germany [Member]
Line of credit facility, maximum borrowing capacity | €											€ 8,000
Debt instrument, basis spread on variable rate				2.30%
Debt instrument, interest rate at period end		2.95%		2.95%

Other (Expense) Income - Schedu

Other (Expense) Income - Schedule of Other Nonoperating (Expense) Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Other Income and Expenses [Abstract]
Foreign currency (loss) gain	$ (1,721)	$ (2)	$ (4,087)	$ 114
Interest income	4	5	9	12
Rental income	230	197	451	361
Miscellaneous	(32)	176	(2)	331
Total other, net	$ (1,519)	$ 376	$ (3,629)	$ 818

Other (Expense) Income - Additi

Other (Expense) Income - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Aug. 31, 2022	Aug. 31, 2022
Other Income and Expenses [Abstract]
Foreign currency loss attributable to re-measurements	$ 1,362	$ 3,441

Lease Obligations - Additional

Lease Obligations - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Leases [Line Items]
Short term leases	$ 0		$ 0
Other (Expense) Income [Member]
Leases [Line Items]
Rental income	$ 230,000	$ 197,000	$ 451,000	$ 361,000
Minimum [Member]
Leases [Line Items]
Operating and finance leases remaining lease terms			1 year
Maximum [Member]
Leases [Line Items]
Operating and finance leases remaining lease terms			9 years

Lease Obligations - Schedule of

Lease Obligations - Schedule of Components of Lease Cost (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Leases [Abstract]
Operating lease cost	[1],[2]	$ 390	$ 342	$ 785	$ 683
Finance lease cost:
Amortization of right of use assets	[2]	73	101	146	222
Interest on lease liabilities	[3]	1	3	2	7
Total finance lease cost		$ 74	$ 104	$ 148	$ 229
[1] Includes immaterial amounts related to variable rent expense. Recorded within Selling, General and administrative, Engineering and technical support, and Cost of sales on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income . Recorded within Interest and bank charges on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income .

Lease Obligations - Schedule _2

Lease Obligations - Schedule of Supplemental Balance Sheet Information Related to Leases (Details) - USD ($) $ in Thousands	Aug. 31, 2022	Feb. 28, 2022
Operating Leases
Operating lease, right of use assets	$ 4,106	$ 4,464
Total operating lease right of use assets	4,106	4,464
Accrued expenses and other current liabilities	1,201	1,255
Operating lease liabilities, less current portion	2,924	3,298
Total operating lease liabilities	4,125	4,553
Finance Leases
Property, plant, and equipment, gross	2,503	2,503
Accumulated depreciation	(2,354)	(2,208)
Total finance lease right of use assets	$ 149	$ 295
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, Plant and Equipment, Net	Property, Plant and Equipment, Net
Accrued expenses and other current liabilities	$ 155	$ 224
Finance lease liabilities, less current portion		78
Total finance lease liabilities	$ 155	$ 302
Weighted Average Remaining Lease Term
Operating leases	5 years 2 months 12 days	5 years 6 months
Finance leases	1 year	1 year 3 months 18 days
Weighted Average Discount Rate
Operating leases	3.79%	4.01%
Finance leases	3.87%	3.87%

Lease Obligations - Schedule _3

Lease Obligations - Schedule of Maturities of Leases Liabilities (Details) - USD ($) $ in Thousands	Aug. 31, 2022	Feb. 28, 2022
Operating Leases
2023	$ 1,313
2024	961
2025	574
2026	433
2027	292
Thereafter	928
Total lease payments	4,501
Less imputed interest	376
Total	4,125	$ 4,553
Finance Leases
2023	157
2024	0
2025	0
2026	0
2027	0
Thereafter	0
Total lease payments	157
Less imputed interest	2
Total	$ 155	$ 302

Capital Structure - Schedule of

Capital Structure - Schedule of Capital Units (Details) - $ / shares	6 Months Ended
	Aug. 31, 2022	Feb. 28, 2022
Capital Unit [Line Items]
Treasury stock, shares	2,862,218	2,862,218
Preferred Stock [Member]
Capital Unit [Line Items]
Preferred Stock, Par or Stated Value Per Share	$ 50
Preferred Stock, Shares Authorized	50,000	50,000
Preferred stock, shares outstanding	0	0
Preferred Stock, Liquidation Preference Per Share	$ 50
Series A Preferred Stock [Member]
Capital Unit [Line Items]
Preferred Stock, Par or Stated Value Per Share	$ 0.01
Preferred Stock, Shares Authorized	1,500,000	1,500,000
Preferred stock, shares outstanding	0	0
Common Class A [Member]
Capital Unit [Line Items]
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	60,000,000	60,000,000
Treasury stock, shares	2,862,218	2,862,218
Common Stock, Shares, Outstanding	21,675,966	21,614,629
Common Stock, Voting Rights	1
Common Class B [Member]
Capital Unit [Line Items]
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	10,000,000	10,000,000
Common Stock, Shares, Outstanding	2,260,954	2,260,954
Common Stock, Voting Rights	10

Variable Interest Entity - Addi

Variable Interest Entity - Additional Information (Details) - USD ($)		3 Months Ended	6 Months Ended	12 Months Ended
	Apr. 29, 2021	Aug. 31, 2022	Aug. 31, 2022	Feb. 28, 2019	Feb. 28, 2022
Variable Interest Entity [Line Items]
Notes, loans and financing receivable, net, noncurrent		1.50	1.50
Long-term debt, net of debt issuance costs		$ 36,321,000	$ 36,321,000		$ 9,786,000
Distribution agreement liability amount		4,921,000	$ 4,921,000
GalvanEyes [Member]
Variable Interest Entity [Line Items]
Quarterly installment payment due amount received under distribution agreement		$ 1,228,000
GalvanEyes [Member] | Put Arrangement [Member]
Variable Interest Entity [Line Items]
Equity interest percentage based on occurrence of certain events	20%	20%	20%
Arrangement after initial period Term	2 years
EyeLock [Member] | Exclusive Distribution Agreement [Member]
Variable Interest Entity [Line Items]
Distribution agreement term	3 years
EyeLock [Member] | Call Arrangement [Member]
Variable Interest Entity [Line Items]
Equity interest percentage based on occurrence of certain events	20%
EyeLock [Member] | GalvanEyes [Member] | Exclusive Distribution Agreement [Member]
Variable Interest Entity [Line Items]
Annual fee receivable under distribution agreement subject to certain closing conditions	$ 10,000,000
Annual fee receivable under distribution agreement term	2 years
EyeLock [Member] | GalvanEyes [Member] | Maximum [Member] | Exclusive Distribution Agreement [Member]
Variable Interest Entity [Line Items]
Quarterly fee receivable under distribution agreement subject to certain closing conditions	$ 5,000,000
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Debt instrument, interest rate during period			2.50%	10%
Line of credit facility, maximum borrowing capacity		$ 71,200,000	$ 71,200,000
Long-term debt, net of debt issuance costs		$ 66,936,000	$ 66,936,000

Variable Interest Entity - Summ

Variable Interest Entity - Summary of Carrying Values of Assets and Liabilities Included in Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Aug. 31, 2022	Feb. 28, 2022
Variable Interest Entity [Line Items]
Cash and cash equivalents	$ 4,326	$ 27,788
Accounts receivable, net	80,375	105,625
Prepaid expenses and other current assets	19,569	21,340
Total current assets	301,165	330,772
Property, plant and equipment, net	48,441	49,794
Intangible assets, net	94,599	101,450
Other assets	3,651	3,245
Total assets	546,822	586,664
Current portion of long-term debt	500	2,406
Total current liabilities	163,976	204,016
Prepaid ownership interest in EyeLock LLC due to GalvanEyes LLC	4,921	2,451
Other long-term liabilities	3,177	3,508
Total liabilities	223,029	236,501
Commitments and contingencies
Retained earnings	109,830	126,573
Total liabilities, redeemable equity, redeemable non-controlling interest, and stockholders' equity	546,822	586,664
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Cash and cash equivalents		25
Accounts receivable, net	321	47
Inventory, net	2,168	2,028
Prepaid expenses and other current assets	142	245
Total current assets	2,631	2,345
Property, plant and equipment, net	16	39
Intangible assets, net	1,921	2,057
Other assets	30	59
Total assets	4,598	4,500
Accounts payable	888	1,023
Interest payable to VOXX	13,960	13,099
Accrued expenses and other current liabilities	431	766
Current portion of long-term debt	66,936	66,390
Total current liabilities	82,215	81,278
Prepaid ownership interest in EyeLock LLC due to GalvanEyes LLC	4,921	2,451
Other long-term liabilities	1,200	1,200
Total liabilities	88,336	84,929
Commitments and contingencies
Capital	41,416	41,416
Retained earnings	(125,154)	(121,845)
Total partners' deficit	(83,738)	(80,429)
Total liabilities, redeemable equity, redeemable non-controlling interest, and stockholders' equity	$ 4,598	$ 4,500

Variable Interest Entity - Su_2

Variable Interest Entity - Summary of Revenues and Expenses Included in Consolidated Statements of Operations and Comprehensive (Loss) Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Variable Interest Entity [Line Items]
Net sales	$ 125,705	$ 143,109	$ 254,437	$ 280,169
Cost of sales	96,448	105,923	191,941	206,288
Gross profit	29,257	37,186	62,496	73,881
Selling	11,865	11,838	24,150	23,305
General and administrative	19,082	17,884	38,212	36,560
Engineering and technical support	8,284	7,886	16,673	14,118
Total operating expenses	39,231	39,924	79,171	76,975
Operating loss	(9,974)	(2,738)	(16,675)	(3,094)
Interest and bank charges	(911)	(582)	(1,641)	(1,110)
Other, net	(1,519)	376	(3,629)	818
Total other (expense) income, net	(1,653)	1,829	(3,891)	4,466
(Loss) income before income taxes	(11,627)	(909)	(20,566)	1,372
Income tax expense	(708)	(217)	(1,800)	267
Net (loss) income	(10,919)	(692)	(18,766)	1,105
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Net sales	332	253	435	458
Cost of sales	198	177	276	340
Gross profit	134	76	159	118
Selling	139	163	304	326
General and administrative	411	432	784	776
Engineering and technical support	631	1,641	1,500	3,128
Total operating expenses	1,181	2,236	2,588	4,230
Operating loss	(1,047)	(2,160)	(2,429)	(4,112)
Interest and bank charges	(435)	(415)	(868)	(816)
Other, net	(12)		(12)
Total other (expense) income, net	(447)	(415)	(880)	(816)
(Loss) income before income taxes	(1,494)	(2,575)	(3,309)	(4,928)
Income tax expense		0		0
Net (loss) income	$ (1,494)	$ (2,575)	$ (3,309)	$ (4,928)

Segment Reporting - Additional

Segment Reporting - Additional Information (Details)	6 Months Ended
	Aug. 31, 2022 Segment
Segment Reporting [Abstract]
Number of reportable segments	3
Number of operating segments	3

Segment Reporting - Schedule of

Segment Reporting - Schedule of Segment Reporting Information by Segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Segment Reporting Information [Line Items]
Net sales	$ 125,705	$ 143,109	$ 254,437	$ 280,169
Equity in income of equity investees	1,763	2,035	3,351	4,758
Interest expense and bank charges	911	582	1,641	1,110
Depreciation and amortization expense	3,609	2,765	6,726	5,572
(Loss) income before income taxes	(11,627)	(909)	(20,566)	1,372
Operating Segments [Member] | Automotive Electronics [Member]
Segment Reporting Information [Line Items]
Net sales	37,218	45,761	76,803	88,418
Equity in income of equity investees	1,763	2,035	3,351	4,758
Interest expense and bank charges	445	309	850	682
Depreciation and amortization expense	897	755	1,658	1,538
(Loss) income before income taxes	(126)	926	(617)	4,156
Operating Segments [Member] | Consumer Electronics [Member]
Segment Reporting Information [Line Items]
Net sales	88,015	96,959	176,952	191,072
Equity in income of equity investees	0	0	0	0
Interest expense and bank charges	2,018	1,911	3,985	3,886
Depreciation and amortization expense	1,729	1,003	3,533	2,004
(Loss) income before income taxes	(4,555)	2,439	(4,028)	7,907
Operating Segments [Member] | Biometrics [Member]
Segment Reporting Information [Line Items]
Net sales	332	253	435	458
Equity in income of equity investees	0	0	0	0
Interest expense and bank charges	435	415	868	816
Depreciation and amortization expense	72	75	145	151
(Loss) income before income taxes	(1,494)	(2,575)	(3,309)	(4,928)
Corporate, Non-Segment [Member]
Segment Reporting Information [Line Items]
Net sales	140	136	247	221
Equity in income of equity investees	0	0	0	0
Interest expense and bank charges	(1,987)	(2,053)	(4,062)	(4,274)
Depreciation and amortization expense	911	932	1,390	1,879
(Loss) income before income taxes	$ (5,452)	$ (1,699)	$ (12,612)	$ (5,763)

Segment Reporting - Schedule _2

Segment Reporting - Schedule of Segment Reporting Information by Segments (Parenthetical) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Aug. 31, 2022	Aug. 31, 2022
Segment Reporting Information [Line Items]
Foreign currency losses	$ 1,362	$ 3,441
Corporate, Non-Segment [Member]
Segment Reporting Information [Line Items]
Foreign currency losses	$ 1,362	$ 3,441

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Additional Information (Details) $ in Thousands	6 Months Ended
	Aug. 31, 2022 USD ($) Segment	Feb. 28, 2022 USD ($)
Disaggregation Of Revenue [Line Items]
Contract with customer, right to recover product	$ 1,332	$ 2,619
Contract with customer, refund liability	2,745	5,469
Contract with customer, liability	$ 4,670	$ 5,412
Number of reportable segments | Segment	3
Telematic Subscription Services [Member] | Directed LLC and Directed Electronics Canada Inc [Member]
Disaggregation Of Revenue [Line Items]
Contract with customer, liability	$ 4,670
Minimum [Member]
Disaggregation Of Revenue [Line Items]
Warrant period	30 days
Maximum [Member]
Disaggregation Of Revenue [Line Items]
Warrant period	3 years

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Reconciliation of Contract Liabilities (Details) $ in Thousands	6 Months Ended
	Aug. 31, 2022 USD ($)
Revenue from Contract with Customer [Abstract]
Balance at February 28, 2022	$ 5,412
Subscription payments received	2,989
Revenue recognized	(3,731)
Balance at May 31, 2022	$ 4,670

Revenue from Contracts with C_5

Revenue from Contracts with Customers - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2022	Aug. 31, 2021	Aug. 31, 2022	Aug. 31, 2021
Disaggregation Of Revenue [Line Items]
Net sales	$ 125,705	$ 143,109	$ 254,437	$ 280,169
Corporate, Non-Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	140	136	247	221
Automotive [Member] | Operating Segments [Member]
Disaggregation Of Revenue [Line Items]
Net sales	37,218	45,761	76,803	88,418
Automotive [Member] | Operating Segments [Member] | OEM Products [Member]
Disaggregation Of Revenue [Line Items]
Net sales	15,230	16,403	31,954	31,317
Automotive [Member] | Operating Segments [Member] | Aftermarket Products [Member]
Disaggregation Of Revenue [Line Items]
Net sales	21,988	29,358	44,849	57,101
Consumer Electronics [Member] | Operating Segments [Member]
Disaggregation Of Revenue [Line Items]
Net sales	88,015	96,959	176,952	191,072
Consumer Electronics [Member] | Operating Segments [Member] | Premium Audio Products [Member]
Disaggregation Of Revenue [Line Items]
Net sales	69,203	76,140	139,147	147,733
Consumer Electronics [Member] | Operating Segments [Member] | Other Consumer Electronic Products [Member]
Disaggregation Of Revenue [Line Items]
Net sales	18,812	20,819	37,805	43,339
Biometrics [Member] | Operating Segments [Member]
Disaggregation Of Revenue [Line Items]
Net sales	332	253	435	458
Biometrics [Member] | Operating Segments [Member] | Biometric Products [Member]
Disaggregation Of Revenue [Line Items]
Net sales	$ 332	$ 253	$ 435	$ 458

Contingencies - Additional Info

Contingencies - Additional Information (Details) - USD ($) $ in Thousands				1 Months Ended	3 Months Ended	6 Months Ended
	Mar. 03, 2022	Nov. 29, 2021	Jul. 14, 2021	Jun. 30, 2021	Aug. 31, 2022	Aug. 31, 2022	Feb. 28, 2022
Loss Contingencies [Line Items]
Loss contingency, damages awarded, value	$ 39,444
Loss contingency, fees and costs	$ 798
Accrued balance related to interim award					$ 41,417	$ 41,417	$ 39,444
Loss contingency additional charges accrued					$ 986	$ 1,972
Breach of Contract Claim
Loss Contingencies [Line Items]
Loss contingency, damages sought, value			$ 40,000	$ 10,000
Loss contingency, damages awarded, value		$ 39,444