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Consolidated Statements of Operations - USD ($)
12 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Feb. 28, 2022
Revenues      
Total revenue $ 27,950,687 $ 30,432,352 $ 29,488,548
Costs and Expenses      
Cost of sales 20,655,629 20,455,373 18,610,739
Sales and marketing 2,131,734 2,060,215 1,474,807
General and administrative 6,673,929 10,325,633 7,456,314
Depreciation and amortization, exclusive of depreciation and amortization expense of $749,606, $646,394, and $620,798 respectively, included in cost of sales 137,693 118,869 119,377
Total costs and expenses 32,852,843 35,323,355 30,183,070
Loss from Operations (4,902,156) (4,891,003) (694,522)
Other Income (Expense)      
Interest expense (53,397) (10,431) 0
Interest income 79,836 26,921 10,870
Gain on insurance recovery 0 0 167,123
Other income, net 26,439 16,490 177,993
Loss Before Income Taxes (4,875,717) (4,874,513) (516,529)
Income Tax Provision (Benefit) 0 613,843 (16,812)
Loss from Continuing Operations (4,875,717) (5,488,356) (499,717)
Earnings (loss) from discontinued operations, net of tax 703,834 (192,422) 158,020
Net Loss $ (4,171,883) $ (5,680,778) $ (341,697)
Basic Loss per Common Share      
Loss from continuing operations $ (0.77) $ (0.88) $ (0.08)
Earnings (loss) from discontinued operations 0.11 (0.03) 0.02
Net loss (0.66) (0.91) (0.06)
Diluted Loss per Common Share      
Loss from continuing operations (0.77) (0.88) (0.08)
Earnings (loss) from discontinued operations 0.11 (0.03) 0.02
Net loss $ (0.66) $ (0.91) $ (0.06)
Weighted Average Common Shares Outstanding - Basic 6,294,411 6,226,279 6,140,687
Dilutive Effect of Employee Stock Awards 0 0 0
Weighted Average Common Shares Outstanding - Diluted 6,294,411 6,226,279 6,140,687
Product [Member]      
Revenues      
Total revenue $ 22,022,310 $ 24,456,910 $ 23,534,470
Franchise and Royalty Fees [Member]      
Revenues      
Total revenue 5,928,377 5,975,442 5,954,078
Franchise [Member]      
Costs and Expenses      
Costs 2,582,371 1,825,783 1,914,944
Retail [Member]      
Costs and Expenses      
Costs $ 671,487 $ 537,482 $ 606,889