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Consolidated Statements of Operations - USD ($)
12 Months Ended
Feb. 28, 2022
Feb. 28, 2021
Feb. 29, 2020
Revenues      
Total revenue $ 32,342,579 $ 23,480,705 $ 31,849,796
Costs and Expenses      
Cost of sales 19,167,672 16,118,625 18,214,896
Sales and marketing 1,610,748 1,712,834 1,922,650
General and administrative 7,550,973 5,258,035 5,735,971
Depreciation and amortization, exclusive of depreciation and amortization expense of $620,798, $625,526, and $597,430, respectively, included in cost of sales 586,255 710,656 895,395
Costs associated with Company-owned store closures 0 57,100 15,400
Total costs and expenses 32,827,024 26,954,592 30,458,186
Income (Loss) from Operations (484,445) (3,473,887) 1,391,610
Other Income (Expense)      
Interest expense 0 (94,506) (19,016)
Interest income 11,007 17,662 29,738
Gain on insurance recovery 167,123 210,464 0
Paycheck Protection Program 0 1,548,576 0
Other income (expense), net 178,130 1,682,196 10,722
Income (Loss) Before Income Taxes (306,315) (1,791,691) 1,402,332
Income Tax Provision 35,382 (891,914) 368,500
Consolidated Net Income (Loss) $ (341,697) $ (899,777) $ 1,033,832
Basic Earnings per Common Share (in dollars per share) $ (0.06) $ (0.15) $ 0.17
Diluted Earnings per Common Share (in dollars per share) $ (0.06) $ (0.15) $ 0.17
Weighted Average Common Shares      
Outstanding - Basic (in shares) 6,140,687 6,067,461 5,986,371
Dilutive Effect of Employee      
Stock Awards (in shares) 0 0 268,972
Weighted Average Common Share      
Outstanding - Diluted (in shares) 6,140,687 6,067,461 6,255,343
Product [Member]      
Revenues      
Total revenue $ 25,227,495 $ 19,179,447 $ 24,718,968
Franchise and Royalty Fees [Member]      
Revenues      
Total revenue 7,115,084 4,301,258 7,130,828
Franchise [Member]      
Costs and Expenses      
Costs 2,183,689 1,715,588 1,882,185
Retail [Member]      
Costs and Expenses      
Costs $ 1,727,687 $ 1,381,754 $ 1,791,689