Rocky Mountain Chocolate Factory (RMCF) 10-Q16 Oct 232024 Q2 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Aug. 31, 2023	Oct. 10, 2023
Document Information [Line Items]
Entity Central Index Key	0001616262
Entity Registrant Name	Rocky Mountain Chocolate Factory, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--02-28
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Aug. 31, 2023
Document Transition Report	false
Entity File Number	001-36865
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	47-1535633
Entity Address, Address Line One	265 Turner Drive
Entity Address, City or Town	Durango
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	81303
City Area Code	970
Local Phone Number	259-0554
Title of 12(b) Security	Common Stock, $0.001 par value per share
Trading Symbol	RMCF
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		6,302,185

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
Consolidated Statements of Operations (Unaudited) - USD ($)	Aug. 31, 2023	Aug. 31, 2022	Aug. 31, 2023	Aug. 31, 2022
Revenues
Total revenue	$ 6,557,879	$ 6,557,356	$ 12,993,864	$ 13,459,554
Costs and Expenses
Cost of sales	4,632,391	3,889,587	9,390,885	8,415,908
Sales and marketing	442,245	427,850	915,136	908,909
General and administrative	1,687,142	4,036,788	3,619,045	5,642,655
Depreciation and amortization, exclusive of depreciation and amortization expense of $182,731, $160,767, $353,587 and $320,472, respectively, included in cost of sales	31,638	28,757	62,867	57,944
Total costs and expenses	7,568,608	8,982,859	15,545,679	16,202,651
Loss from Operations	(1,010,729)	(2,425,503)	(2,551,815)	(2,743,097)
Other Income
Interest Expense	(6,258)	0	(12,517)
Interest Income	17,690	3,857	37,768	6,498
Other income, net	11,432	3,857	25,251	6,498
Loss Before Income Taxes	(999,297)	(2,421,646)	(2,526,564)	(2,736,599)
Income Tax Provision	0	730,845	0	701,659
Net Income (Loss) from Continuing Operations	(999,297)	(3,152,491)	(2,526,564)	(3,438,258)
Discontinued Operations
Earnings (loss) from discontinued operations, net of tax	0	(488,695)	69,044	(317,869)
Gain on disposal of discontinued operations, net of tax	0	0	634,790	0
Earnings (loss) from discontinued operations, net of tax	0	(488,695)	703,834	(317,869)
Consolidated Net Loss	$ (999,297)	$ (3,641,186)	$ (1,822,730)	$ (3,756,127)
Basic Earnings (Loss) per Common Share
Loss from continuing operations (in dollars per share)	$ (0.16)	$ (0.51)	$ (0.40)	$ (0.55)
Earnings (loss) from discontinued operations (in dollars per share)	0	(0.08)	0.11	(0.05)
Net loss (in dollars per share)	(0.16)	(0.59)	(0.29)	(0.60)
Diluted Earnings (Loss) per Common Share
Loss from continuing operations (in dollars per share)	(0.16)	(0.51)	(0.40)	(0.55)
Earnings (loss) from discontinued operations (in dollars per share)	0	(0.08)	0.11	(0.05)
Net loss (in dollars per share)	$ (0.16)	$ (0.59)	$ (0.29)	$ (0.60)
Weighted Average Common Shares Outstanding - Basic (in shares)	6,293,078	6,215,186	6,284,846	6,211,815
Dilutive Effect of Employee Stock Awards (in shares)	0	0	0	0
Weighted Average Common Shares Outstanding - Diluted (in shares)	6,293,078	6,215,186	6,284,846	6,211,815
Product [Member]
Revenues
Total revenue	$ 5,015,993	$ 5,071,393	$ 10,032,040	$ 10,479,413
Franchise and Royalty Fees [Member]
Revenues
Total revenue	1,541,886	1,485,963	2,961,824	2,980,141
Franchise [Member]
Costs and Expenses
Costs	613,409	448,732	1,292,982	867,816
Retail [Member]
Costs and Expenses
Costs	$ 161,783	$ 151,145	$ 264,764	$ 309,419

Consolidated Statements of Op_2

Consolidated Statements of Operations (Unaudited) (Parentheticals) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2023	Aug. 31, 2022	Aug. 31, 2023	Aug. 31, 2022
Amortization expense included in cost of goods sold	$ 182,731	$ 160,767	$ 353,587	$ 320,472

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Aug. 31, 2023	Feb. 28, 2023
Current Assets
Cash and cash equivalents	$ 3,984,607	$ 4,717,068
Accounts receivable, less allowance for doubtful accounts of $589,460 and $666,315, respectively	1,962,317	2,055,694
Notes receivable, current portion, less current portion of the valuation allowance of $42,504 and $35,173, respectively	173,086	23,698
Refundable income taxes	314,987	344,885
Inventories	3,232,587	3,639,780
Other	434,225	340,847
Current assets held for sale	0	83,004
Total current assets	10,101,809	11,204,976
Property and Equipment, Net	6,488,430	5,710,739
Other Assets
Notes receivable, less current portion and valuation allowance of $31,447 and $38,778, respectively	1,009,087	94,076
Goodwill, net	575,608	575,608
Intangible assets, net	251,600	265,927
Lease right of use asset	2,054,084	2,355,601
Other	54,006	14,054
Long-term assets held for sale	0	1,765,846
Total other assets	3,944,385	5,071,112
Total Assets	20,534,624	21,986,827
Current Liabilities
Accounts payable	2,405,746	2,189,760
Accrued salaries and wages	1,445,223	978,606
Gift card liabilities	570,276	592,932
Other accrued expenses	283,207	162,346
Contract liabilities	159,209	161,137
Lease liability	717,858	746,506
Current liabilities held for sale	0	178,939
Total current liabilities	5,581,519	5,010,226
Lease Liability, Less Current Portion	1,339,798	1,640,017
Contract Liabilities, Less Current Portion	741,290	782,278
Long-term liabilities - held for sale	0	184,142
Commitments and Contingencies
Stockholders' Equity
Preferred stock, $.001 par value per share; 250,000 authorized; -0- shares issued and outstanding	0	0
Common stock, $.001 par value, 46,000,000 shares authorized, 6,299,825 shares and 6,257,137 shares issued and outstanding, respectively	6,300	6,257
Additional paid-in capital	9,782,415	9,457,875
Retained earnings	3,083,302	4,906,032
Total stockholders' equity	12,872,017	14,370,164
Total Liabilities and Stockholders' Equity	$ 20,534,624	$ 21,986,827

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Aug. 31, 2023	Feb. 28, 2023
Accounts receivable, allowance for doubtful accounts	$ 589,460	$ 666,315
Notes receivable, current portion of the valuation allowance	42,504	35,173
Financing Receivable, Allowance for Credit Loss, Noncurrent	$ 31,447	$ 38,778
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	250,000	250,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	46,000,000	46,000,000
Common stock, shares issued (in shares)	6,299,825	6,257,137
Common stock, shares outstanding (in shares)	6,299,825	6,257,137

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
Consolidated Statements of Cash Flows (Unaudited) - USD ($)	Aug. 31, 2023	Aug. 31, 2022
Cash Flows From Operating Activities
Net income (loss)	$ (1,822,730)	$ (3,756,127)
Less: Net Income (loss) from discontinued operations, net of tax	703,834	(317,869)
Net Loss from continuing operations	(2,526,564)	(3,438,258)
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	416,454	378,416
Provision for obsolete inventory	47,504	32,862
Provision for loss on accounts and notes receivable	0	(127,000)
Loss (gain) on sale or disposal of property and equipment	(40,221)	3,571
Expense recorded for stock compensation	324,583	280,637
Deferred income taxes	0	722,163
Changes in operating assets and liabilities:
Accounts receivable	54,206	160,770
Refundable income taxes	29,898	304,779
Inventories	375,045	(2,078,673)
Contract Liabilities	(42,916)	6,245
Other current assets	(92,355)	(148,661)
Accounts payable	(16,097)	2,165,022
Accrued liabilities	543,167	(389,800)
Net cash used in operating activities of continuing operations	(927,296)	(2,127,927)
Net cash (used in) provided by operating activities of discontinued operations	(39,242)	543,234
Net cash used in operating activities	(966,538)	(1,584,693)
Cash Flows From Investing Activities
Addition to notes receivable	(49,476)	(54,543)
Proceeds received on notes receivable	35,949	31,015
Proceeds from sale or distribution of assets	112,131	1,529
Purchases of property and equipment	(1,251,728)	(554,332)
Decrease (increase) in other assets	(30,537)	10,000
Net cash used in by investing activities of continuing operations	(1,183,661)	(566,331)
Net cash provided by (used in) investing activities of discontinued operations	1,417,738	(32,547)
Net cash provided by (used in) investing activities	234,077	(598,878)
Net Decrease in Cash and Cash Equivalents	(732,461)	(2,183,571)
Cash and Cash Equivalents, Beginning of Period	4,717,068	7,587,374
Cash and Cash Equivalents, End of Period	$ 3,984,607	$ 5,403,803

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Feb. 28, 2022	6,186,356
Balance at Feb. 28, 2022	$ 6,186	$ 8,806,930	$ 10,586,810	$ 19,399,926
Consolidated net loss			(3,756,127)	(3,756,127)
Issuance of common stock, vesting of restricted stock units and other (in shares)	36,878
Issuance of common stock, vesting of restricted stock units and other	$ 37	(37)		0
Equity compensation, restricted stock units and stock options		280,637		280,637
Balance (in shares) at Aug. 31, 2022	6,223,234
Balance at Aug. 31, 2022	$ 6,223	9,087,530	6,830,683	15,924,436
Balance (in shares) at May. 31, 2022	6,213,681
Balance at May. 31, 2022	$ 6,214	8,938,499	10,471,869	19,416,582
Consolidated net loss			(3,641,186)	(3,641,186)
Issuance of common stock, vesting of restricted stock units and other (in shares)	9,553
Issuance of common stock, vesting of restricted stock units and other	$ 9	(10)		(1)
Equity compensation, restricted stock units and stock options		149,041		149,041
Balance (in shares) at Aug. 31, 2022	6,223,234
Balance at Aug. 31, 2022	$ 6,223	9,087,530	6,830,683	15,924,436
Balance (in shares) at Feb. 28, 2023	6,257,137
Balance at Feb. 28, 2023	$ 6,257	9,457,875	4,906,032	14,370,164
Consolidated net loss			(1,822,730)	(1,822,730)
Issuance of common stock, vesting of restricted stock units and other (in shares)	42,688
Issuance of common stock, vesting of restricted stock units and other	$ 43	(43)		0
Equity compensation, restricted stock units and stock options		324,583		324,583
Balance (in shares) at Aug. 31, 2023	6,299,825
Balance at Aug. 31, 2023	$ 6,300	9,782,415	3,083,302	12,872,017
Balance (in shares) at May. 31, 2023	6,290,164
Balance at May. 31, 2023	$ 6,290	9,659,476	4,082,599	13,748,365
Consolidated net loss			(999,297)	(999,297)
Issuance of common stock, vesting of restricted stock units and other (in shares)	9,661
Issuance of common stock, vesting of restricted stock units and other	$ 10	(10)		0
Equity compensation, restricted stock units and stock options		122,949		122,949
Balance (in shares) at Aug. 31, 2023	6,299,825
Balance at Aug. 31, 2023	$ 6,300	$ 9,782,415	$ 3,083,302	$ 12,872,017

Note 1 - Nature of Operations a

Note 1 - Nature of Operations and Basis of Presentation	6 Months Ended
Note 1 - Nature of Operations and Basis of Presentation	Aug. 31, 2023
Notes to Financial Statements
Business Description and Accounting Policies [Text Block]	1 Nature of Operations The accompanying consolidated financial statements include the accounts of Rocky Mountain Chocolate Factory, Inc., a Delaware corporation, its wholly owned subsidiaries, Rocky Mountain Chocolate Factory, Inc. (a Colorado corporation), Aspen Leaf Yogurt, LLC (“ALY”), U-Swirl International, Inc. (“U-Swirl”), and U-Swirl, Inc. (“SWRL”) (collectively, the “Company,” “we,” “us” or “our”). The Company is an international franchisor, confectionery producer, and retail operator. Founded in 1981, On February 24, 2023, three May 1, 2023, 2023 16 The Company’s revenues are currently derived from three The following table summarizes the number of stores operating under the Rocky Mountain Chocolate brand at August 31, 2023: Stores Open at 2/28/2023 Opened Closed Sold Stores Open at 8/31/2023 Sold, Not Yet Open Total Rocky Mountain Chocolate Factory Company-owned stores 1 1 - - 2 - 2 Franchise stores - Domestic stores and kiosks 153 3 (5 ) (1 ) 150 4 154 International license stores 4 - - - 4 - 4 Co-branded stores 111 3 (1 ) - 113 - 113 Total 269 269 4 273 Basis of Presentation The accompanying consolidated financial statements have been prepared by the Company, without audit, and reflect all adjustments which are, in the opinion of management, necessary for a fair statement of the results for the interim periods presented. The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial reporting and Securities and Exchange Commission (“SEC”) regulations. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, the consolidated financial statements reflect all adjustments (of a normal and recurring nature) which are necessary for a fair presentation of the financial position, results of operations and cash flows for the interim periods presented. The results of operations for the three six August 31, 2023 not These consolidated financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company's Annual Report on Form 10 February 28, 2023, May 30, 2023. not Subsequent Events On September 28, 2023, September 30, 2023, 8 Management evaluated all activity of the Company through the issue date of these consolidated financial statements and concluded that no Recent Accounting Pronouncements Except for the recent accounting pronouncements described below, other recent accounting pronouncements are not In June 2016, 2016 13, 326 2016 13 2016 13 2016 13 March 1, 2023. 2016 13 not Accounts and Notes Receivable, Net Accounts receivable represent amounts due from customers in the ordinary course of business and are recorded at the invoiced amount and do not may Related Party Transactions On December 14, 2022 Pursuant to the Settlement Agreement, the Company and ABV-Radoff agreed to a “Standstill Period” commencing on the effective date of the agreement and ending on the date that is forty-five 45 2025 144 not not 4.9% 4.9% On August 3, 2023, August 7, 2023.

Note 2 - Supplemental Cash Flow

Note 2 - Supplemental Cash Flow Information	6 Months Ended
Note 2 - Supplemental Cash Flow Information	Aug. 31, 2023
Notes to Financial Statements
Cash Flow, Supplemental Disclosures [Text Block]	NOTE 2 Six Months Ended August 31, 2023 2022 Cash paid (received) for: Interest $ - $ - Income taxes (29,988 ) (304,779 ) Supplemental disclosure of non‑cash investing activities Sale of assets in exchange for note receivable $ 1,000,000 $ -

Note 3 - Revenue From Contracts

Note 3 - Revenue From Contracts With Customers	6 Months Ended
Note 3 - Revenue From Contracts With Customers	Aug. 31, 2023
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	NOTE 3 The Company recognizes revenue from contracts with its customers in accordance with Accounting Standards Codification® (“ASC”) 606, not Initial Franchise Fees, License Fees, Transfer Fees and Renewal Fees The initial franchise services are not The following table summarizes contract liabilities as of August 31, 2023 August 31, 2022: Six Months Ended August 31: 2023 2022 Contract liabilities at the beginning of the year: $ 943,415 $ 962,572 Revenue recognized (85,915 ) (98,755 ) Contract fees received 42,999 104,999 Contract liabilities at the end of the period: $ 900,499 $ 968,816 At August 31, 2023, not FYE 24 $ 81,642 FYE 25 149,494 FYE 26 136,776 FYE 27 123,657 FYE 28 96,139 Thereafter 312,791 Total $ 900,499 Gift Cards The Company’s franchisees sell gift cards, which do not 606 606 Durango Product Sales of Confectionary Items, Retail Sales and Royalty and Marketing Fees Confectionary items sold to the Company’s franchisees, others and its Company-owned stores sales are recognized at the time of the underlying sale, based on the terms of the sale and when ownership of the inventory is transferred, and are presented net of sales taxes and discounts. Royalties and marketing fees from franchised or licensed locations, which are based on a percent of our franchisees’ sales, are recognized at the time the sales occur.

Note 4 - Disaggregation of Reve

Note 4 - Disaggregation of Revenue	6 Months Ended
Note 4 - Disaggregation of Revenue	Aug. 31, 2023
Notes to Financial Statements
Disaggregation of Revenue [Text Block]	NOTE 4 The following table presents disaggregated revenue by method of recognition and segment: Three Months Ended August 31, 2023 Revenues recognized over time under ASC 606: Franchising Production Retail Total Franchise fees $ 40,959 $ - $ - $ 40,959 Revenues recognized at a point in time: Franchising Production Retail Total Durango Product sales - 4,707,149 - 4,707,149 Retail sales - - 308,844 308,844 Royalty and marketing fees 1,500,927 - - 1,500,927 Total $ 1,541,886 $ 4,707,149 $ 308,844 $ 6,557,879 Three Months Ended August 31, 2022 Revenues recognized over time under ASC 606: Franchising Production Retail Total Franchise fees $ 44,902 $ - $ - $ 44,902 Revenues recognized at a point in time: Franchising Production Retail Total Factory sales - 4,808,200 - 4,808,200 Retail sales - - 263,193 263,193 Royalty and marketing fees 1,441,061 - - 1,441,061 Total $ 1,485,963 $ 4,808,200 $ 263,193 $ 6,557,356 Six Months Ended August 31, 2023 Revenues recognized over time under ASC 606: Franchising Production Retail Total Franchise fees $ 85,915 $ - $ - $ 85,915 Revenues recognized at a point in time: Franchising Production Retail Total Durango Product sales - 9,531,224 - 9,531,224 Retail sales - - 500,816 500,816 Royalty and marketing fees 2,875,909 - - 2,875,909 Total $ 2,961,824 $ 9,531,224 $ 500,816 $ 12,993,864 Six Months Ended August 31, 2022 Revenues recognized over time under ASC 606: Franchising Production Retail Total Franchise fees $ 98,755 $ - $ - $ 98,755 Revenues recognized at a point in time: Franchising Production Retail Total Factory sales - 9,965,810 - 9,965,810 Retail sales - - 513,603 513,603 Royalty and marketing fees 2,881,386 - - 2,881,386 Total $ 2,980,141 $ 9,965,810 $ 513,603 $ 13,459,554

Note 5 - Inventories

Note 5 - Inventories	6 Months Ended
Note 5 - Inventories	Aug. 31, 2023
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE 5 Inventories consist of the following: August 31, 2023 February 28, 2023 Ingredients and supplies $ 2,151,108 $ 2,481,510 Finished candy 1,365,409 1,567,887 Reserve for slow moving inventory (283,930 ) (409,617 ) Total inventories $ 3,232,587 $ 3,639,780

Note 6 - Property and Equipment

Note 6 - Property and Equipment, Net	6 Months Ended
Note 6 - Property and Equipment, Net	Aug. 31, 2023
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	NOTE 6 Property and equipment consists of the following: August 31, 2023 February 28, 2023 Land $ 513,618 $ 513,618 Building 5,108,950 5,151,886 Machinery and equipment 10,884,260 10,152,211 Furniture and fixtures 506,587 512,172 Leasehold improvements 132,027 134,010 Transportation equipment 319,145 476,376 17,464,587 16,940,273 Less accumulated depreciation (10,976,157 ) (11,229,534 ) Property and equipment, net $ 6,488,430 $ 5,710,739 Depreciation expense related to property and equipment totaled $207,268 and $402,127 during the three six August 31, 2023 three six August 31, 2022,

Note 7 - Goodwill and Intangibl

Note 7 - Goodwill and Intangible Assets	6 Months Ended
Note 7 - Goodwill and Intangible Assets	Aug. 31, 2023
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	NOTE 7 Goodwill and intangible assets consist of the following: August 31, 2023 February 28, 2023 Amortization Period (in years) Gross Carrying Value Accumulated Amortization Gross Carrying Value Accumulated Amortization Intangible assets subject to amortization Store design 10 $ 394,826 $ 268,641 $ 394,826 $ 259,314 Trademark/Non-competition agreements 5 - 20 259,339 133,924 259,339 128,924 Total 654,165 402,565 654,165 388,238 Goodwill and intangible assets not subject to amortization Franchising segment- Company stores goodwill $ 360,972 $ 360,972 Franchising goodwill 97,318 97,318 Manufacturing segment-goodwill 97,318 97,318 Trademark 20,000 20,000 Total 575,608 575,608 Total Goodwill and Intangible Assets $ 1,229,773 $ 402,565 $ 1,229,773 $ 388,238 Amortization expense related to intangible assets totaled $7,101 and $14,327 during the three six August 31, 2023 three six August 31, 2022, At August 31, 2023, FYE 24 $ 13,702 FYE 25 27,405 FYE 26 27,405 FYE 27 27,405 FYE 28 27,405 Thereafter 128,278 Total $ 251,600

Note 8 - Line of Credit

Note 8 - Line of Credit	6 Months Ended
Note 8 - Line of Credit	Aug. 31, 2023
Notes to Financial Statements
Long-Term Debt [Text Block]	NOTE 8 Revolving Credit Line The Company has a $5.0 million credit line for general corporate and working capital purposes, of which $5.0 million was available for borrowing (subject to certain borrowing-based limitations) as of August 31, 2023 ( August 31, 2023 February 28, 2023). August 31, 2023, September 28, 2023,

Note 9 - Stockholders' Equity

Note 9 - Stockholders' Equity	6 Months Ended
Note 9 - Stockholders' Equity	Aug. 31, 2023
Notes to Financial Statements
Equity [Text Block]	NOTE 9 Warrants In connection with a terminated supplier agreement with a former customer of the Company, the Company issued a warrant (the “Warrant”) to purchase up to 960,677 shares of the Company’s common stock (the “Warrant Shares”) at an exercise price of $8.76 per share. The Warrant Shares were to vest in annual tranches in varying amounts following each contract year under the terminated supplier agreement, and was subject to, and only upon, achievement of certain revenue thresholds on an annual or cumulative five six fifth On November 1, 2022, August 31, 2023, no no The Company determined that the grant date fair value of the Warrant was de minimis and did not Stock-Based Compensation Under the Company’s 2007 “2007 may The Company recognized $122,949 and $324,583 of stock-based compensation expense during the three six August 31, 2023 three six August 31, 2022, The following table summarizes restricted stock unit activity during the six August 31, 2023 2022: Six Months Ended August 31, 2023 2022 Outstanding non-vested restricted stock units as of February 28: 154,131 105,978 Granted 137,554 94,892 Vested (42,688 ) (36,879 ) Cancelled/forfeited (1,558 ) (800 ) Outstanding non-vested restricted stock units as of August 31: 247,439 163,191 Weighted average grant date fair value $ 4.98 $ 5.69 Weighted average remaining vesting period (in years) 2.06 2.30 The following table summarizes stock option activity during the six August 31, 2023 2022: Six Months Ended August 31, 2023 2022 Outstanding stock options as of February 28: 36,144 - Granted - 36,144 Exercised - - Cancelled/forfeited - - Outstanding stock options as of August 31: 36,144 36,144 Weighted average exercise price 6.49 6.49 Weighted average remaining contractual term (in years) 8.76 9.76 During the six August 31, 2023, November 30, 2023. During the six August 31, 2023, February 2026 may August 11, 2026. During the six August 31, 2022, one third February 28, 2023, February 28, 2025. February 2025 12.5% 200% The Company recognized $122,949 and $324,583 of stock-based compensation expense during the three six August 31, 2023, three six August 31, 2022, Except as noted above, restricted stock units generally vest in equal annual installments over a period of five six six August 31, 2023 2022, August 31, 2023 August 31, 2023

Note 10 - Earnings Per Share

Note 10 - Earnings Per Share	6 Months Ended
Note 10 - Earnings Per Share	Aug. 31, 2023
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 10 Basic earnings per share is calculated using the weighted-average number of common shares outstanding. Diluted earnings per share reflects the potential dilution that could occur from common shares issuable through the settlement of restricted stock units. Restricted stock units become dilutive within the period granted and remain dilutive until the units vest and are issued as common stock. The weighted-average number of shares outstanding used in the computation of diluted earnings per share does not six August 31, 2023, six August 31, 2022,

Note 11 - Leasing Arrangements

Note 11 - Leasing Arrangements	6 Months Ended
Note 11 - Leasing Arrangements	Aug. 31, 2023
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	NOTE 11 The Company conducts its retail operations in facilities leased under non-cancelable operating leases of up to ten five ten The Company acts as primary lessee of some franchised store premises, which the Company then subleases to franchisees, but the majority of existing franchised locations are leased by the franchisee directly. In some instances, the Company has leased space for its Company-owned locations that are now occupied by franchisees. When the Company-owned location was sold or transferred, the store was subleased to the franchisee who is responsible for the monthly rent and other obligations under the lease. The Company also leases trucking equipment and warehouse space in support of its production operations. Expense associated with trucking and warehouse leases is included in cost of sales on the consolidated statements of operations. The Company accounts for payments related to lease liabilities on a straight-line basis over the lease term. During the six August 31, 2023 2022, The lease liability reflects the present value of the Company’s estimated future minimum lease payments over the life of its leases. This includes known escalations and renewal option periods reasonably assured of being exercised. Typically, renewal options are considered reasonably assured of being exercised if the sales performance of the location remains strong. Therefore, the Right of Use Asset and Lease Liability include an assumption on renewal options that have not not not not August 31, 2023. As of August 31, 2023, FYE 24 $ 395,099 FYE 25 611,988 FYE 26 514,346 FYE 27 242,558 FYE 28 71,671 Thereafter 390,450 Total $ 2,226,112 Less: imputed interest (168,456 ) Present value of lease liabilities: $ 2,057,656 Weighted average lease term 5.4 During the six August 31, 2023 2022,

Note 12 - Commitments and Conti

Note 12 - Commitments and Contingencies	6 Months Ended
Note 12 - Commitments and Contingencies	Aug. 31, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 12 Employment Agreement Payments upon a Change in Control The Company has entered into employment agreements with certain of our current executives which contain, among other things, "change in control" severance provisions. Robert J. Sarlls The employment agreement of Robert J. Sarlls, the Company’s Chief Executive Officer, provides for the following upon “change in control:” if Mr. Sarlls’ employment is involuntarily terminated without cause or if he resigns for good reason on or within 2 15 15 1.409A 3 5 A. Allen Arroyo The employment agreement of A. Allen Arroyo, the Company’s Chief Financial Officer, provides for the following upon “change in control:” If Mr. Arroyo’s employment is involuntarily terminated without cause or if he resigns for good reason on or within 2 9 9 1.409A 3 5 Retirement Agreement Gregory L. Pope, Sr. On May 8, 2023, May 3, 2023 ( December 31, 2023, twenty-six November 2023, ( not August 31, 2023, Purchase contracts The Company frequently enters into purchase contracts of between six eighteen may may may August 31, 2023, not Litigation From time to time, the Company is involved in litigation relating to claims arising out of its operations. The Company records accruals for outstanding legal matters when it believes it is probable that a loss will be incurred and the amount can be reasonably estimated. At August 31, 2023, not

Note 13 - Operating Segments

Note 13 - Operating Segments	6 Months Ended
Note 13 - Operating Segments	Aug. 31, 2023
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 13 The Company classifies its business interests into four reportable segments: Franchising, Production, Retail Stores, and Other. The accounting policies of the segments are the same as those described in the summary of significant accounting policies in Note 1 Three Months Ended August 31, 2023 Franchising Production Retail Other Total Total revenues $ 1,541,886 $ 4,974,229 $ 308,844 $ - $ 6,824,959 Intersegment revenues - (267,080 ) - - (267,080 ) Revenue from external customers 1,541,886 4,707,149 308,844 - 6,557,879 Segment profit (loss) 586,140 87,408 24,237 (1,697,082 ) (999,297 ) Total assets 1,061,420 10,116,842 489,840 8,866,522 20,534,624 Capital expenditures 32,097 521,014 17,162 131,920 702,193 Total depreciation & amortization $ 7,633 $ 183,923 $ 1,496 $ 21,317 $ 214,369 Three Months Ended August 31, 2022 Franchising Production Retail Other Total Total revenues $ 1,487,303 $ 5,110,439 $ 263,193 $ - $ 6,860,935 Intersegment revenues (1,340 ) (302,239 ) - - (303,579 ) Revenue from external customers 1,485,963 4,808,200 263,193 - 6,557,356 Segment profit (loss) 203,138 576,344 (11,439 ) (3,189,689 ) (2,421,646 ) Total assets 1,217,381 12,288,137 628,462 12,116,246 26,250,226 Capital expenditures - 285,370 258 - 285,628 Total depreciation & amortization $ 8,520 $ 162,276 $ 1,412 $ 17,314 $ 189,522 Six Months Ended August 31, 2023 Franchising Production Retail Other Total Total revenues $ 2,962,317 $ 9,991,281 $ 500,816 $ - $ 13,454,414 Intersegment revenues (493 ) (460,057 ) - - (460,550 ) Revenue from external customers 2,961,824 9,531,224 500,816 - 12,993,864 Segment profit (loss) 966,991 134,754 29,843 (3,658,152 ) (2,526,564 ) Total assets 1,061,420 10,116,842 489,840 8,866,522 20,534,624 Capital expenditures 32,097 1,031,767 19,512 168,352 1,251,728 Total depreciation & amortization $ 15,576 $ 355,983 $ 2,985 $ 41,910 $ 416,454 Six Months Ended August 31, 2022 Franchising Production Retail Other Total Total revenues $ 2,982,756 $ 10,514,717 $ 513,603 $ - $ 14,011,076 Intersegment revenues (2,615 ) (548,907 ) - - (551,522 ) Revenue from external customers 2,980,141 9,965,810 513,603 - 13,459,554 Segment profit (loss) 910,234 1,184,576 (23,671 ) (4,807,738 ) (2,736,599 ) Total assets 1,217,381 12,288,137 628,462 12,116,246 26,250,226 Capital expenditures 1,182 534,685 575 17,890 554,332 Total depreciation & amortization $ 17,439 $ 323,465 $ 2,824 $ 34,688 $ 378,416

Note 14 - Contested Solicitatio

Note 14 - Contested Solicitation Of Proxies	6 Months Ended
Note 14 - Contested Solicitation Of Proxies	Aug. 31, 2023
Notes to Financial Statements
Contested Solicitation Of Proxies and Change In Control Payments [Text Block]	NOTE 14 Contested Solicitation of Proxies During the three six August 31, 2022, 2022 three six August 31, 2022, three six August 31, 2023.

Note 15 - Income Taxes

Note 15 - Income Taxes	6 Months Ended
Note 15 - Income Taxes	Aug. 31, 2023
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 15 The Company provides for income taxes pursuant to the liability method. The liability method requires recognition of deferred income taxes based on temporary differences between financial reporting and income tax basis of assets and liabilities, using current enacted income tax rates and regulations. These differences will result in taxable income or deductions in future years when the reported amount of the asset or liability is recovered or settled, respectively. Considerable judgment is required in determining when these events may not. Realization of the Company's deferred tax assets is dependent upon the Company generating sufficient taxable income, in the appropriate tax jurisdictions, in future years, to obtain benefit from the reversal of net deductible temporary differences. The amount of deferred tax assets considered realizable is subject to adjustment in future periods if estimates of future taxable income are changed. A valuation allowance to reduce the carrying amount of deferred income tax assets is established when it is more likely than not not not . During the fiscal year ended February 28, 2023, 2022 no not August 31, 2023,

Note 16 - Discontinued Operatio

Note 16 - Discontinued Operations	6 Months Ended
Note 16 - Discontinued Operations	Aug. 31, 2023
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	NOTE 16 On February 24, 2023 May 1, 2023, 1 three 2 May 1, 2023 May 1, 2023, three The following table discloses the results of operations of the businesses reported as discontinued operations for the three six August 31, 2023 2022: Three Months Ended August 31, Six Months Ended August 31, 2023 2022 2023 2022 Total Revenue $ - $ 968,329 $ 212,242 $ 1,892,703 Cost of sales - 189,407 - 386,541 Operating Expenses - 578,435 143,198 1,137,418 Gain on disposal of assets - - (634,790 ) - Other income (expense), net - - - - Earnings (loss) from discontinued operations before income taxes - 200,487 703,834 368,744 Income tax provision (benefit) - 689,182 - 686,613 Earnings (loss) from discontinued operations, net of tax $ - $ (488,695 ) $ 703,834 $ (317,869 ) The following table reflects the summary of assets and liabilities held for sale for U-Swirl as of August 31, 2023 February 28, 2023, August 31, February 28, 2023 2023 Accounts and notes receivable, net $ - $ 75,914 Inventory, net - 6,067 Other - 1,023 Current assets held for sale - 83,004 Franchise rights, net - 1,708,336 Intangible assets, net - 48,095 Other - 9,415 Long-term assets held for sale - 1,765,846 Total Assets Held for Sale - 1,848,850 Accounts payable - 125,802 Accrued compensation - 11,205 Accrued liabilities - 11,981 Contract liabilities - 29,951 Current liabilities held for sale - 178,939 Contract liabilities, less current portion - 184,142 Long term liabilities held for sale - 184,142 Total Liabilities Held for Sale $ - $ 363,081 The following table summarizes the gain recognized during the three August 31, 2023 May 1, 2023, Cash proceeds from the sale of assets $ 1,757,738 Notes receivable 1,000,000 Total consideration received 2,757,738 Assets and liabilities transferred Franchise rights 1,703,325 Inventory 6,067 Liabilities (229,431 ) Net assets transferred 1,479,961 Costs associated with the sale of assets 642,987 Gain on disposal of assets $ 634,790

Note 1 - Nature of Operations_2

Note 1 - Nature of Operations and Basis of Presentation (Tables)	6 Months Ended
	Aug. 31, 2023
Notes Tables
Number of Stores [Table Text Block]	Stores Open at 2/28/2023 Opened Closed Sold Stores Open at 8/31/2023 Sold, Not Yet Open Total Rocky Mountain Chocolate Factory Company-owned stores 1 1 - - 2 - 2 Franchise stores - Domestic stores and kiosks 153 3 (5 ) (1 ) 150 4 154 International license stores 4 - - - 4 - 4 Co-branded stores 111 3 (1 ) - 113 - 113 Total 269 269 4 273

Note 2 - Supplemental Cash Fl_2

Note 2 - Supplemental Cash Flow Information (Tables)	6 Months Ended
Note 2 - Supplemental Cash Flow Information (Tables)	Aug. 31, 2023
Notes Tables
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	Six Months Ended August 31, 2023 2022 Cash paid (received) for: Interest $ - $ - Income taxes (29,988 ) (304,779 ) Supplemental disclosure of non‑cash investing activities Sale of assets in exchange for note receivable $ 1,000,000 $ -

Note 3 - Revenue From Contrac_2

Note 3 - Revenue From Contracts With Customers (Tables)	6 Months Ended
Note 3 - Revenue From Contracts With Customers (Tables)	Aug. 31, 2023
Notes Tables
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Six Months Ended August 31: 2023 2022 Contract liabilities at the beginning of the year: $ 943,415 $ 962,572 Revenue recognized (85,915 ) (98,755 ) Contract fees received 42,999 104,999 Contract liabilities at the end of the period: $ 900,499 $ 968,816
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]	FYE 24 $ 81,642 FYE 25 149,494 FYE 26 136,776 FYE 27 123,657 FYE 28 96,139 Thereafter 312,791 Total $ 900,499

Note 4 - Disaggregation of Re_2

Note 4 - Disaggregation of Revenue (Tables)	6 Months Ended
Note 4 - Disaggregation of Revenue (Tables)	Aug. 31, 2023
Notes Tables
Disaggregation of Revenue [Table Text Block]	Franchising Production Retail Total Franchise fees $ 40,959 $ - $ - $ 40,959 Franchising Production Retail Total Durango Product sales - 4,707,149 - 4,707,149 Retail sales - - 308,844 308,844 Royalty and marketing fees 1,500,927 - - 1,500,927 Total $ 1,541,886 $ 4,707,149 $ 308,844 $ 6,557,879 Franchising Production Retail Total Franchise fees $ 44,902 $ - $ - $ 44,902 Franchising Production Retail Total Factory sales - 4,808,200 - 4,808,200 Retail sales - - 263,193 263,193 Royalty and marketing fees 1,441,061 - - 1,441,061 Total $ 1,485,963 $ 4,808,200 $ 263,193 $ 6,557,356 Franchising Production Retail Total Franchise fees $ 85,915 $ - $ - $ 85,915 Franchising Production Retail Total Durango Product sales - 9,531,224 - 9,531,224 Retail sales - - 500,816 500,816 Royalty and marketing fees 2,875,909 - - 2,875,909 Total $ 2,961,824 $ 9,531,224 $ 500,816 $ 12,993,864 Franchising Production Retail Total Franchise fees $ 98,755 $ - $ - $ 98,755 Franchising Production Retail Total Factory sales - 9,965,810 - 9,965,810 Retail sales - - 513,603 513,603 Royalty and marketing fees 2,881,386 - - 2,881,386 Total $ 2,980,141 $ 9,965,810 $ 513,603 $ 13,459,554

Note 5 - Inventories (Tables)

Note 5 - Inventories (Tables)	6 Months Ended
Note 5 - Inventories (Tables)	Aug. 31, 2023
Notes Tables
Schedule of Inventory, Current [Table Text Block]	August 31, 2023 February 28, 2023 Ingredients and supplies $ 2,151,108 $ 2,481,510 Finished candy 1,365,409 1,567,887 Reserve for slow moving inventory (283,930 ) (409,617 ) Total inventories $ 3,232,587 $ 3,639,780

Note 6 - Property and Equipme_2

Note 6 - Property and Equipment, Net (Tables)	6 Months Ended
Note 6 - Property and Equipment, Net (Tables)	Aug. 31, 2023
Notes Tables
Property, Plant and Equipment [Table Text Block]	August 31, 2023 February 28, 2023 Land $ 513,618 $ 513,618 Building 5,108,950 5,151,886 Machinery and equipment 10,884,260 10,152,211 Furniture and fixtures 506,587 512,172 Leasehold improvements 132,027 134,010 Transportation equipment 319,145 476,376 17,464,587 16,940,273 Less accumulated depreciation (10,976,157 ) (11,229,534 ) Property and equipment, net $ 6,488,430 $ 5,710,739

Note 7 - Goodwill and Intangi_2

Note 7 - Goodwill and Intangible Assets (Tables)	6 Months Ended
Note 7 - Goodwill and Intangible Assets (Tables)	Aug. 31, 2023
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	August 31, 2023 February 28, 2023 Amortization Period (in years) Gross Carrying Value Accumulated Amortization Gross Carrying Value Accumulated Amortization Intangible assets subject to amortization Store design 10 $ 394,826 $ 268,641 $ 394,826 $ 259,314 Trademark/Non-competition agreements 5 - 20 259,339 133,924 259,339 128,924 Total 654,165 402,565 654,165 388,238 Goodwill and intangible assets not subject to amortization Franchising segment- Company stores goodwill $ 360,972 $ 360,972 Franchising goodwill 97,318 97,318 Manufacturing segment-goodwill 97,318 97,318 Trademark 20,000 20,000 Total 575,608 575,608 Total Goodwill and Intangible Assets $ 1,229,773 $ 402,565 $ 1,229,773 $ 388,238
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	FYE 24 $ 13,702 FYE 25 27,405 FYE 26 27,405 FYE 27 27,405 FYE 28 27,405 Thereafter 128,278 Total $ 251,600

Note 9 - Stockholders' Equity (

Note 9 - Stockholders' Equity (Tables)	6 Months Ended
Note 9 - Stockholders' Equity (Tables)	Aug. 31, 2023
Notes Tables
Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]	Six Months Ended August 31, 2023 2022 Outstanding non-vested restricted stock units as of February 28: 154,131 105,978 Granted 137,554 94,892 Vested (42,688 ) (36,879 ) Cancelled/forfeited (1,558 ) (800 ) Outstanding non-vested restricted stock units as of August 31: 247,439 163,191 Weighted average grant date fair value $ 4.98 $ 5.69 Weighted average remaining vesting period (in years) 2.06 2.30
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	Six Months Ended August 31, 2023 2022 Outstanding stock options as of February 28: 36,144 - Granted - 36,144 Exercised - - Cancelled/forfeited - - Outstanding stock options as of August 31: 36,144 36,144 Weighted average exercise price 6.49 6.49 Weighted average remaining contractual term (in years) 8.76 9.76

Note 11 - Leasing Arrangements

Note 11 - Leasing Arrangements (Tables)	6 Months Ended
Note 11 - Leasing Arrangements (Tables)	Aug. 31, 2023
Notes Tables
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	FYE 24 $ 395,099 FYE 25 611,988 FYE 26 514,346 FYE 27 242,558 FYE 28 71,671 Thereafter 390,450 Total $ 2,226,112 Less: imputed interest (168,456 ) Present value of lease liabilities: $ 2,057,656 Weighted average lease term 5.4

Note 13 - Operating Segments (T

Note 13 - Operating Segments (Tables)	6 Months Ended
Note 13 - Operating Segments (Tables)	Aug. 31, 2023
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended August 31, 2023 Franchising Production Retail Other Total Total revenues $ 1,541,886 $ 4,974,229 $ 308,844 $ - $ 6,824,959 Intersegment revenues - (267,080 ) - - (267,080 ) Revenue from external customers 1,541,886 4,707,149 308,844 - 6,557,879 Segment profit (loss) 586,140 87,408 24,237 (1,697,082 ) (999,297 ) Total assets 1,061,420 10,116,842 489,840 8,866,522 20,534,624 Capital expenditures 32,097 521,014 17,162 131,920 702,193 Total depreciation & amortization $ 7,633 $ 183,923 $ 1,496 $ 21,317 $ 214,369 Three Months Ended August 31, 2022 Franchising Production Retail Other Total Total revenues $ 1,487,303 $ 5,110,439 $ 263,193 $ - $ 6,860,935 Intersegment revenues (1,340 ) (302,239 ) - - (303,579 ) Revenue from external customers 1,485,963 4,808,200 263,193 - 6,557,356 Segment profit (loss) 203,138 576,344 (11,439 ) (3,189,689 ) (2,421,646 ) Total assets 1,217,381 12,288,137 628,462 12,116,246 26,250,226 Capital expenditures - 285,370 258 - 285,628 Total depreciation & amortization $ 8,520 $ 162,276 $ 1,412 $ 17,314 $ 189,522 Six Months Ended August 31, 2023 Franchising Production Retail Other Total Total revenues $ 2,962,317 $ 9,991,281 $ 500,816 $ - $ 13,454,414 Intersegment revenues (493 ) (460,057 ) - - (460,550 ) Revenue from external customers 2,961,824 9,531,224 500,816 - 12,993,864 Segment profit (loss) 966,991 134,754 29,843 (3,658,152 ) (2,526,564 ) Total assets 1,061,420 10,116,842 489,840 8,866,522 20,534,624 Capital expenditures 32,097 1,031,767 19,512 168,352 1,251,728 Total depreciation & amortization $ 15,576 $ 355,983 $ 2,985 $ 41,910 $ 416,454 Six Months Ended August 31, 2022 Franchising Production Retail Other Total Total revenues $ 2,982,756 $ 10,514,717 $ 513,603 $ - $ 14,011,076 Intersegment revenues (2,615 ) (548,907 ) - - (551,522 ) Revenue from external customers 2,980,141 9,965,810 513,603 - 13,459,554 Segment profit (loss) 910,234 1,184,576 (23,671 ) (4,807,738 ) (2,736,599 ) Total assets 1,217,381 12,288,137 628,462 12,116,246 26,250,226 Capital expenditures 1,182 534,685 575 17,890 554,332 Total depreciation & amortization $ 17,439 $ 323,465 $ 2,824 $ 34,688 $ 378,416

Note 16 - Discontinued Operat_2

Note 16 - Discontinued Operations (Tables)	6 Months Ended
Note 16 - Discontinued Operations (Tables)	Aug. 31, 2023
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	Three Months Ended August 31, Six Months Ended August 31, 2023 2022 2023 2022 Total Revenue $ - $ 968,329 $ 212,242 $ 1,892,703 Cost of sales - 189,407 - 386,541 Operating Expenses - 578,435 143,198 1,137,418 Gain on disposal of assets - - (634,790 ) - Other income (expense), net - - - - Earnings (loss) from discontinued operations before income taxes - 200,487 703,834 368,744 Income tax provision (benefit) - 689,182 - 686,613 Earnings (loss) from discontinued operations, net of tax $ - $ (488,695 ) $ 703,834 $ (317,869 ) August 31, February 28, 2023 2023 Accounts and notes receivable, net $ - $ 75,914 Inventory, net - 6,067 Other - 1,023 Current assets held for sale - 83,004 Franchise rights, net - 1,708,336 Intangible assets, net - 48,095 Other - 9,415 Long-term assets held for sale - 1,765,846 Total Assets Held for Sale - 1,848,850 Accounts payable - 125,802 Accrued compensation - 11,205 Accrued liabilities - 11,981 Contract liabilities - 29,951 Current liabilities held for sale - 178,939 Contract liabilities, less current portion - 184,142 Long term liabilities held for sale - 184,142 Total Liabilities Held for Sale $ - $ 363,081 Cash proceeds from the sale of assets $ 1,757,738 Notes receivable 1,000,000 Total consideration received 2,757,738 Assets and liabilities transferred Franchise rights 1,703,325 Inventory 6,067 Liabilities (229,431 ) Net assets transferred 1,479,961 Costs associated with the sale of assets 642,987 Gain on disposal of assets $ 634,790

Note 1 - Nature of Operations_3

Note 1 - Nature of Operations and Basis of Presentation (Details Textual) - USD ($) $ in Millions	Sep. 28, 2023	Aug. 31, 2023	Aug. 03, 2023	Feb. 28, 2023
Global Value Investment Corp. [Member]
Sale of Stock, Maximum Shares (in shares)			200,000
Wells Fargo Bank [Member] \| Line of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 4	$ 5		$ 5

Note 1 - Nature of Operations_4

Note 1 - Nature of Operations and Basis of Presentation - Number of Stores (Details)	Aug. 31, 2023
Number of stores	273
Number of stores	(273)
Stores Opened at 2/28/23 [Member]
Number of stores	269
Number of stores	(269)
Sold [Member]
Number of stores
Number of stores
Stores Open at 08/31/2023 [Member[
Number of stores	269
Number of stores	(269)
Sold Not Yet Open [Member]
Number of stores	4
Number of stores	(4)
Company Owned Stores [Member] \| Rocky Mountain Chocolate Factory [Member]
Number of stores	2
Number of stores	(2)
Company Owned Stores [Member] \| Rocky Mountain Chocolate Factory [Member] \| Stores Opened at 2/28/23 [Member]
Number of stores	1
Number of stores	(1)
Company Owned Stores [Member] \| Rocky Mountain Chocolate Factory [Member] \| Open [Member]
Number of stores	1
Number of stores	(1)
Company Owned Stores [Member] \| Rocky Mountain Chocolate Factory [Member] \| Closed [Member]
Number of stores	0
Number of stores	0
Company Owned Stores [Member] \| Rocky Mountain Chocolate Factory [Member] \| Sold [Member]
Number of stores	0
Number of stores	0
Company Owned Stores [Member] \| Rocky Mountain Chocolate Factory [Member] \| Stores Open at 08/31/2023 [Member[
Number of stores	2
Number of stores	(2)
Company Owned Stores [Member] \| Rocky Mountain Chocolate Factory [Member] \| Sold Not Yet Open [Member]
Number of stores	0
Number of stores	0
Franchise Stores - Domestic Stores and Kiosks [Member] \| Rocky Mountain Chocolate Factory [Member]
Number of stores	154
Number of stores	(154)
Franchise Stores - Domestic Stores and Kiosks [Member] \| Rocky Mountain Chocolate Factory [Member] \| Stores Opened at 2/28/23 [Member]
Number of stores	153
Number of stores	(153)
Franchise Stores - Domestic Stores and Kiosks [Member] \| Rocky Mountain Chocolate Factory [Member] \| Open [Member]
Number of stores	3
Number of stores	(3)
Franchise Stores - Domestic Stores and Kiosks [Member] \| Rocky Mountain Chocolate Factory [Member] \| Closed [Member]
Number of stores	5
Number of stores	(5)
Franchise Stores - Domestic Stores and Kiosks [Member] \| Rocky Mountain Chocolate Factory [Member] \| Sold [Member]
Number of stores	1
Number of stores	(1)
Franchise Stores - Domestic Stores and Kiosks [Member] \| Rocky Mountain Chocolate Factory [Member] \| Stores Open at 08/31/2023 [Member[
Number of stores	150
Number of stores	(150)
Franchise Stores - Domestic Stores and Kiosks [Member] \| Rocky Mountain Chocolate Factory [Member] \| Sold Not Yet Open [Member]
Number of stores	4
Number of stores	(4)
International License Stores [Member] \| Rocky Mountain Chocolate Factory [Member]
Number of stores	4
Number of stores	(4)
International License Stores [Member] \| Rocky Mountain Chocolate Factory [Member] \| Stores Opened at 2/28/23 [Member]
Number of stores	4
Number of stores	(4)
International License Stores [Member] \| Rocky Mountain Chocolate Factory [Member] \| Open [Member]
Number of stores	0
Number of stores	0
International License Stores [Member] \| Rocky Mountain Chocolate Factory [Member] \| Closed [Member]
Number of stores	0
Number of stores	0
International License Stores [Member] \| Rocky Mountain Chocolate Factory [Member] \| Sold [Member]
Number of stores	0
Number of stores	0
International License Stores [Member] \| Rocky Mountain Chocolate Factory [Member] \| Stores Open at 08/31/2023 [Member[
Number of stores	4
Number of stores	(4)
International License Stores [Member] \| Rocky Mountain Chocolate Factory [Member] \| Sold Not Yet Open [Member]
Number of stores	0
Number of stores	0
Cold Stone Creamery - Co-Branded [Member] \| Rocky Mountain Chocolate Factory [Member]
Number of stores	113
Number of stores	(113)
Cold Stone Creamery - Co-Branded [Member] \| Rocky Mountain Chocolate Factory [Member] \| Stores Opened at 2/28/23 [Member]
Number of stores	111
Number of stores	(111)
Cold Stone Creamery - Co-Branded [Member] \| Rocky Mountain Chocolate Factory [Member] \| Open [Member]
Number of stores	3
Number of stores	(3)
Cold Stone Creamery - Co-Branded [Member] \| Rocky Mountain Chocolate Factory [Member] \| Closed [Member]
Number of stores	1
Number of stores	(1)
Cold Stone Creamery - Co-Branded [Member] \| Rocky Mountain Chocolate Factory [Member] \| Sold [Member]
Number of stores	0
Number of stores	0
Cold Stone Creamery - Co-Branded [Member] \| Rocky Mountain Chocolate Factory [Member] \| Stores Open at 08/31/2023 [Member[
Number of stores	113
Number of stores	(113)
Cold Stone Creamery - Co-Branded [Member] \| Rocky Mountain Chocolate Factory [Member] \| Sold Not Yet Open [Member]
Number of stores	0
Number of stores	0

Note 2 - Supplemental Cash Fl_3

Note 2 - Supplemental Cash Flow Information - Supplemental Cash Flow Information (Details) - USD ($)	6 Months Ended
	Aug. 31, 2023	Aug. 31, 2022
Cash paid (received) for:
Interest	$ 0	$ 0
Income taxes	(29,988)	(304,779)
Supplemental disclosure of non-cash investing activities
Sale of assets in exchange for note receivable	$ 1,000,000	$ 0

Note 3 - Revenue From Contrac_3

Note 3 - Revenue From Contracts With Customers (Details Textual)	6 Months Ended
	Aug. 31, 2023
Customers Contracts, Term (Year)	10 years
Maximum [Member]
Customers Contracts, Term (Year)	20 years
Minimum [Member]
Franchise Agreement, Term (Year)	10 years

Note 3 - Revenue From Contrac_4

Note 3 - Revenue From Contracts With Customers - Contract Liabilities (Details) - USD ($)	6 Months Ended
	Aug. 31, 2023	Aug. 31, 2022
Contract liabilities at the beginning of the year:	$ 943,415	$ 962,572
Revenue recognized	(85,915)	(98,755)
Contract fees received	42,999	104,999
Contract liabilities at the end of the period:	$ 900,499	$ 968,816

Note 3 - Revenue From Contrac_5

Note 3 - Revenue From Contracts With Customers - Remaining Performance Obligation (Details)	Aug. 31, 2023 USD ($)
Revenue, remaining performance obligation, amount	$ 900,499

Note 3 - Revenue From Contrac_6

Note 3 - Revenue From Contracts With Customers - Remaining Performance Obligation 2 (Details)	Aug. 31, 2023 USD ($)
Revenue, remaining performance obligation, amount	$ 900,499
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-09-01
Revenue, remaining performance obligation, period (Year)	6 months
Revenue, remaining performance obligation, amount	$ 81,642
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-03-01
Revenue, remaining performance obligation, period (Year)	1 year
Revenue, remaining performance obligation, amount	$ 149,494
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-03-01
Revenue, remaining performance obligation, period (Year)	1 year
Revenue, remaining performance obligation, amount	$ 136,776
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-03-01
Revenue, remaining performance obligation, period (Year)	1 year
Revenue, remaining performance obligation, amount	$ 123,657
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-03-01
Revenue, remaining performance obligation, period (Year)	1 year
Revenue, remaining performance obligation, amount	$ 96,139
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-03-01
Revenue, remaining performance obligation, period (Year)	1 year
Revenue, remaining performance obligation, amount	$ 312,791

Note 4 - Disaggregation of Re_3

Note 4 - Disaggregation of Revenue - Disaggregation of Revenue (Details) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2023	Aug. 31, 2022	Aug. 31, 2023	Aug. 31, 2022
Revenues	$ 6,557,879	$ 6,557,356	$ 12,993,864	$ 13,459,554
Franchising [Member]
Revenues	1,541,886	1,485,963	2,961,824	2,980,141
Retail Segment [Member]
Revenues	308,844	263,193	500,816	513,603
Transferred at Point in Time [Member]
Revenues			12,993,864
Transferred at Point in Time [Member] \| Franchising [Member]
Revenues	1,541,886	1,485,963	2,961,824	2,980,141
Transferred at Point in Time [Member] \| Manufacturing [Member]
Revenues	4,707,149	4,808,200	9,531,224	9,965,810
Transferred at Point in Time [Member] \| Retail Segment [Member]
Revenues	308,844	263,193	500,816	513,603
Transferred at Point in Time [Member] \| USwirl Inc [Member]
Revenues	6,557,879	6,557,356		13,459,554
Franchise Fees [Member] \| Transferred over Time [Member] \| Franchising [Member]
Revenues	40,959	44,902	85,915	98,755
Franchise Fees [Member] \| Transferred over Time [Member] \| Manufacturing [Member]
Revenues	0	0	0	0
Franchise Fees [Member] \| Transferred over Time [Member] \| Retail Segment [Member]
Revenues	0	0	0	0
Franchise Fees [Member] \| Transferred over Time [Member] \| USwirl Inc [Member]
Revenues	40,959	44,902	85,915	98,755
Factory Sales [Member] \| Transferred at Point in Time [Member]
Revenues			9,531,224
Factory Sales [Member] \| Transferred at Point in Time [Member] \| Franchising [Member]
Revenues	0	0	0	0
Factory Sales [Member] \| Transferred at Point in Time [Member] \| Manufacturing [Member]
Revenues	4,707,149	4,808,200	9,531,224	9,965,810
Factory Sales [Member] \| Transferred at Point in Time [Member] \| Retail Segment [Member]
Revenues	0	0	0	0
Factory Sales [Member] \| Transferred at Point in Time [Member] \| USwirl Inc [Member]
Revenues	4,707,149	4,808,200		9,965,810
Retail [Member] \| Transferred at Point in Time [Member]
Revenues			500,816
Retail [Member] \| Transferred at Point in Time [Member] \| Franchising [Member]
Revenues	0	0	0	0
Retail [Member] \| Transferred at Point in Time [Member] \| Manufacturing [Member]
Revenues	0	0	0	0
Retail [Member] \| Transferred at Point in Time [Member] \| Retail Segment [Member]
Revenues	308,844	263,193	500,816	513,603
Retail [Member] \| Transferred at Point in Time [Member] \| USwirl Inc [Member]
Revenues	308,844	263,193		513,603
Royalty and Marketing Fees [Member] \| Transferred at Point in Time [Member]
Revenues			2,875,909
Royalty and Marketing Fees [Member] \| Transferred at Point in Time [Member] \| Franchising [Member]
Revenues	1,500,927	1,441,061	2,875,909	2,881,386
Royalty and Marketing Fees [Member] \| Transferred at Point in Time [Member] \| Manufacturing [Member]
Revenues	0	0	0	0
Royalty and Marketing Fees [Member] \| Transferred at Point in Time [Member] \| Retail Segment [Member]
Revenues	0	0	$ 0	0
Royalty and Marketing Fees [Member] \| Transferred at Point in Time [Member] \| USwirl Inc [Member]
Revenues	$ 1,500,927	$ 1,441,061		$ 2,881,386

Note 5 - Inventories - Inventor

Note 5 - Inventories - Inventories (Details) - USD ($)	Aug. 31, 2023	Feb. 28, 2023
Ingredients and supplies	$ 2,151,108	$ 2,481,510
Finished candy	1,365,409	1,567,887
Reserve for slow moving inventory	(283,930)	(409,617)
Total inventories	$ 3,232,587	$ 3,639,780

Note 6 - Property and Equipme_3

Note 6 - Property and Equipment, Net (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2023	Aug. 31, 2022	Aug. 31, 2023	Aug. 31, 2022
Depreciation	$ 207,268	$ 182,298	$ 402,127	$ 363,964

Note 6 - Property and Equipme_4

Note 6 - Property and Equipment, Net - Property and Equipment (Details) - USD ($)	Aug. 31, 2023	Feb. 28, 2023
Property, plant and equipment, gross	$ 17,464,587	$ 16,940,273
Less accumulated depreciation	(10,976,157)	(11,229,534)
Property and equipment, net	6,488,430	5,710,739
Land [Member]
Property, plant and equipment, gross	513,618	513,618
Building [Member]
Property, plant and equipment, gross	5,108,950	5,151,886
Machinery and Equipment [Member]
Property, plant and equipment, gross	10,884,260	10,152,211
Furniture and Fixtures [Member]
Property, plant and equipment, gross	506,587	512,172
Leasehold Improvements [Member]
Property, plant and equipment, gross	132,027	134,010
Transportation Equipment [Member]
Property, plant and equipment, gross	$ 319,145	$ 476,376

Note 7 - Goodwill and Intangi_3

Note 7 - Goodwill and Intangible Assets (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2023	Aug. 31, 2022	Aug. 31, 2023	Aug. 31, 2022
Amortization of Intangible Assets	$ 7,101	$ 7,226	$ 14,327	$ 14,452

Note 7 - Goodwill and Intangi_4

Note 7 - Goodwill and Intangible Assets - Indefinite-lived Intangible Assets (Details) - USD ($)	Aug. 31, 2023	Feb. 28, 2023
Intangible assets subject to amortization, gross carrying value	$ 654,165	$ 654,165
Intangible assets subject to amortization, accumulated amortization	402,565	388,238
Intangible assets not subject to amortization, gross carrying value	575,608	575,608
Total Goodwill and Intangible Assets	1,229,773	1,229,773
Total Goodwill and Intangible Assets	402,565	388,238
Company Stores Goodwill [Member]
Intangible assets not subject to amortization, gross carrying value	360,972	360,972
Franchising Goodwill [Member]
Intangible assets not subject to amortization, gross carrying value	97,318	97,318
Manufacturing Segment Goodwill [Member]
Intangible assets not subject to amortization, gross carrying value	97,318	97,318
Trademarks [Member]
Intangible assets not subject to amortization, gross carrying value	$ 20,000	20,000
Store Design [Member]
Amortization Period (Year)	10 years
Intangible assets subject to amortization, gross carrying value	$ 394,826	394,826
Intangible assets subject to amortization, accumulated amortization	268,641	259,314
Trademarks and Non Competition Agreement [Member]
Intangible assets subject to amortization, gross carrying value	259,339	259,339
Intangible assets subject to amortization, accumulated amortization	$ 133,924	$ 128,924
Trademarks and Non Competition Agreement [Member] \| Minimum [Member]
Amortization Period (Year)	5 years
Trademarks and Non Competition Agreement [Member] \| Maximum [Member]
Amortization Period (Year)	20 years

Note 7 - Goodwill and Intangi_5

Note 7 - Goodwill and Intangible Assets - Estimated Future Amortization Expense (Details)	Aug. 31, 2023 USD ($)
FYE 24	$ 13,702
FYE 25	27,405
FYE 26	27,405
FYE 27	27,405
FYE 28	27,405
Thereafter	128,278
Total	$ 251,600

Note 8 - Line of Credit (Detail

Note 8 - Line of Credit (Details Textual) - Wells Fargo Bank [Member] - Line of Credit [Member] - USD ($) $ in Millions	6 Months Ended
	Aug. 31, 2023	Sep. 28, 2023	Feb. 28, 2023
Long-term Line of Credit, Total	$ 5
Line of Credit Facility, Remaining Borrowing Capacity	5
Line of Credit Facility, Maximum Borrowing Capacity	$ 5	$ 4	$ 5
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	2.37%
Debt Instrument, Interest Rate, Stated Percentage	7.68%		6.92%

Note 9 - Stockholders' Equity_2

Note 9 - Stockholders' Equity (Details Textual) - USD ($)		3 Months Ended		6 Months Ended
Note 9 - Stockholders' Equity (Details Textual) - USD ($)	Dec. 20, 2019	Aug. 31, 2023	Aug. 31, 2022	Aug. 31, 2023	Aug. 31, 2022
Share-Based Payment Arrangement, Expense		$ 122,949	$ 149,040	$ 324,583	$ 280,637
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)				0	36,144
Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)					47,446
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Aggregate Grant Date Fair Value					$ 298,582
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Aggregate Grant Date Fair Value					$ 77,267
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)					$ 6.29
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)					36,144
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)					$ 2.14
Restricted Stock Units (RSUs) [Member]
Share-Based Payment Arrangement, Expense		122,949	$ 149,040	$ 324,583	$ 280,637
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)				137,554	94,892
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)				$ 4.98	$ 5.69
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)				42,688	36,879
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)				2 years 6 months
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount		431,357		$ 431,357
Restricted Stock Units (RSUs) [Member] \| Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)				48,263
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Aggregate Grant Date Fair Value				$ 750,556
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)				$ 5.72
Restricted Stock Units (RSUs) [Member] \| Vesting Annually [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage				33%
Restricted Stock Units (RSUs) [Member] \| Share-Based Payment Arrangement, Nonemployee [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)				6,338
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Aggregate Grant Date Fair Value				$ 32,070
Restricted Stock Units (RSUs) [Member] \| Share-Based Payment Arrangement, Nonemployee [Member] \| Vesting on the Grant Date [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage				25%
Restricted Stock Units (RSUs) [Member] \| Share-Based Payment Arrangement, Nonemployee [Member] \| Vesting on Last Day of Each Quarter Thereafter [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage				25%
Performance Shares [Member] \| Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)				82,953
Share-Based Compensation Arrangement by Share-Based Payment Award, Performance Shares, Target Number, Percentage					12.50%
Performance Shares [Member] \| Vesting on Last Day of Each Quarter Thereafter [Member] \| Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage					33.33%
Performance Shares [Member] \| Vesting on Last Day of Current Fiscal Year Ending [Member] \| Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage					33.33%
Share-Based Payment Arrangement [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount		$ 598,138		$ 598,138
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)				1 year 9 months 29 days
Maximum [Member] \| Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)				6 years
Maximum [Member] \| Restricted Stock Units (RSUs) [Member] \| Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)				131,216
Maximum [Member] \| Performance Shares [Member] \| Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Performance Shares, Target Number, Percentage					200%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)					94,892
Maximum [Member] \| Performance Shares [Member] \| Vesting Based Performance [Member] \| Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Performance Shares, Target Number, Percentage				110%
Minimum [Member] \| Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)				5 years
Minimum [Member] \| Performance Shares [Member] \| Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Performance Shares, Target Number, Percentage					0%
Minimum [Member] \| Performance Shares [Member] \| Vesting Based Performance [Member] \| Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Performance Shares, Target Number, Percentage				75%
Warrant to Purchase Common Stock [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)	$ 8.76
Certain Revenue Thresholds, Cumulative Basis Connection with Performance Basis (Year)	5 years
Warrants and Rights Outstanding, Term (Month)	6 months
Warrant to Purchase Common Stock [Member] \| Maximum [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)	960,677

Note 9 - Stockholders' Equity -

Note 9 - Stockholders' Equity - Restricted Stock Unit Awards Outstanding Under the Plans (Details) - Restricted Stock Units (RSUs) [Member] - $ / shares	6 Months Ended
	Aug. 31, 2023	Aug. 31, 2022
Outstanding non-vested restricted stock units as of February 28: (in shares)	154,131	105,978
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	137,554	94,892
Vested (in shares)	(42,688)	(36,879)
Cancelled/forfeited (in shares)	(1,558)	(800)
Outstanding non-vested restricted stock units as of August 31: (in shares)	247,439	163,191
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 4.98	$ 5.69
Weighted average remaining vesting period (Year)	2 years 21 days	2 years 3 months 18 days

Note 9 - Stockholders' Equity_3

Note 9 - Stockholders' Equity - Stock Option Activity (Details) - $ / shares	6 Months Ended
	Aug. 31, 2023	Aug. 31, 2022
Outstanding stock options as of February 28: (in shares)	36,144	0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)	0	36,144
Exercised (in shares)	0	0
Cancelled/forfeited (in shares)	0	0
Outstanding stock options as of August 31: (in shares)	36,144	36,144
Weighted average exercise price (in dollars per share)	$ 6.49	$ 6.49
Weighted average remaining contractual term (in years) (Year)	8 years 9 months 3 days	9 years 9 months 3 days

Note 10 - Earnings Per Share (D

Note 10 - Earnings Per Share (Details Textual) - shares	6 Months Ended
Note 10 - Earnings Per Share (Details Textual) - shares	Aug. 31, 2023	Aug. 31, 2022
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	960,677	960,677
Share-Based Payment Arrangement [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	151,466	109,251

Note 11 - Leasing Arrangement_2

Note 11 - Leasing Arrangements (Details Textual) - USD ($)	6 Months Ended
Note 11 - Leasing Arrangements (Details Textual) - USD ($)	Aug. 31, 2023	Aug. 31, 2022
Operating Lease, Expense	$ 310,861	$ 276,722
Operating Lease, Weighted Average Discount Rate, Percent	3.40%
Lessee, Operating Lease, Liability, to be Paid	$ 2,226,112
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 46,250	$ 1,472,667
Maximum [Member]
Lessee, Operating Lease, Term of Contract (Year)	10 years
Lessee, Operating Lease, Renewal Term (Year)	10 years
Minimum [Member]
Lessee, Operating Lease, Renewal Term (Year)	5 years

Note 11 - Leasing Arrangement_3

Note 11 - Leasing Arrangements - Maturities of Lease Liabilities for Operating Leases (Details)	Aug. 31, 2023 USD ($)
FYE 24	$ 395,099
FYE 25	611,988
FYE 26	514,346
FYE 27	242,558
FYE 28	71,671
Thereafter	390,450
Total	2,226,112
Less: imputed interest	(168,456)
Present value of lease liabilities:	$ 2,057,656
Weighted average lease term (Year)	5 years 4 months 24 days

Note 12 - Commitments and Con_2

Note 12 - Commitments and Contingencies (Details Textual)		6 Months Ended
Note 12 - Commitments and Contingencies (Details Textual)	May 08, 2023 USD ($) shares	Aug. 31, 2023 USD ($)
Contractual Obligation		$ 309,000
Maximum [Member]
Purchase Contracts, Term (Month)		18 months
Minimum [Member]
Purchase Contracts, Term (Month)		6 months
Former Senior Vice President of Franchise Development [Member]
Monthly Consulting Fee	$ 22,000
Deferred Compensation Arrangement with Individual, Recorded Liability		$ 345,124
Share-Based Compensation Arrangement by Share-Based Payment Award, Accelerated Vesting, Number (in shares) \| shares	8,332
Former Senior Vice President of Franchise Development [Member] \| Retirement Bonus [Member]
Retirement Bonus, Number of Bi-weekly Payments	26
Deferred Compensation Arrangement with Individual, Recorded Liability	$ 12,500
Former Senior Vice President of Franchise Development [Member] \| COBRA Payments [Member]
COBRA Payments, Period After Retirement (Month)	18 months
Former Senior Vice President of Franchise Development [Member] \| COBRA Payments [Member] \| Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Accelerated Vesting, Number (in shares) \| shares	7,500

Note 13 - Operating Segments (D

Note 13 - Operating Segments (Details Textual)	6 Months Ended
Note 13 - Operating Segments (Details Textual)	Aug. 31, 2023
Number of Reportable Segments	4

Note 13 - Operating Segments -

Note 13 - Operating Segments - Segment Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2023	Aug. 31, 2022	Aug. 31, 2023	Aug. 31, 2022	Feb. 28, 2023
Revenues	$ 6,557,879	$ 6,557,356	$ 12,993,864	$ 13,459,554
Segment profit (loss)	(999,297)	(2,421,646)	(2,526,564)	(2,736,599)
Total assets	20,534,624	26,250,226	20,534,624	26,250,226	$ 21,986,827
Capital expenditures	702,193	285,628	1,251,728	554,332
Total depreciation and amortization	214,369	189,522	416,454	378,416
Franchising [Member]
Revenues	1,541,886	1,485,963	2,961,824	2,980,141
Segment profit (loss)	586,140	203,138	966,991	910,234
Total assets	1,061,420	1,217,381	1,061,420	1,217,381
Capital expenditures	32,097	0	32,097	1,182
Total depreciation and amortization	7,633	8,520	15,576	17,439
Production [Member]
Revenues	4,707,149	4,808,200	9,531,224	9,965,810
Segment profit (loss)	87,408	576,344	134,754	1,184,576
Total assets	10,116,842	12,288,137	10,116,842	12,288,137
Capital expenditures	521,014	285,370	1,031,767	534,685
Total depreciation and amortization	183,923	162,276	355,983	323,465
Retail Segment [Member]
Revenues	308,844	263,193	500,816	513,603
Segment profit (loss)	24,237	(11,439)	29,843	(23,671)
Total assets	489,840	628,462	489,840	628,462
Capital expenditures	17,162	258	19,512	575
Total depreciation and amortization	1,496	1,412	2,985	2,824
Other Segments [Member]
Revenues	0	0	0	0
Segment profit (loss)	(1,697,082)	(3,189,689)	(3,658,152)	(4,807,738)
Total assets	8,866,522	12,116,246	8,866,522	12,116,246
Capital expenditures	131,920	0	168,352	17,890
Total depreciation and amortization	21,317	17,314	41,910	34,688
Operating Segments [Member]
Revenues	6,824,959	6,860,935	13,454,414	14,011,076
Operating Segments [Member] \| Franchising [Member]
Revenues	1,541,886	1,487,303	2,962,317	2,982,756
Operating Segments [Member] \| Production [Member]
Revenues	4,974,229	5,110,439	9,991,281	10,514,717
Operating Segments [Member] \| Retail Segment [Member]
Revenues	308,844	263,193	500,816	513,603
Intersegment Eliminations [Member]
Revenues	(267,080)	(303,579)	(460,550)	(551,522)
Intersegment Eliminations [Member] \| Franchising [Member]
Revenues	0	(1,340)	(493)	(2,615)
Intersegment Eliminations [Member] \| Production [Member]
Revenues	(267,080)	(302,239)	(460,057)	(548,907)
Intersegment Eliminations [Member] \| Retail Segment [Member]
Revenues	$ 0	$ 0	$ 0	$ 0

Note 14 - Contested Solicitat_2

Note 14 - Contested Solicitation Of Proxies (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	May 31, 2023	Aug. 31, 2022	Aug. 31, 2022
Contested Solicitation of Proxies [Member]
Litigation Settlement, Expense	$ 0	$ 1,800	$ 2,100

Note 15 - Income Taxes (Details

Note 15 - Income Taxes (Details Textual) $ in Millions	Aug. 31, 2023 USD ($)
Deferred Tax Assets, Gross	$ 2

Note 16 - Discontinued Operat_3

Note 16 - Discontinued Operations (Details Textual) - USwirl Inc [Member] - Discontinued Operations, Disposed of by Sale [Member] - USD ($)		6 Months Ended
	May 01, 2023	Aug. 31, 2023
Disposal Group, Including Discontinued Operation, Consideration	$ 2,757,738	$ 2,757,738
Proceeds from Sale of Productive Assets	1,750,000	1,757,738
Financing Receivable, before Allowance for Credit Loss	$ 1,000,000	$ 1,000,000
Notes Receivable, Term (Year)	3 years

Note 16 - Discontinued Operat_4

Note 16 - Discontinued Operations - Discontinued Operations (Details) - USD ($)		3 Months Ended		6 Months Ended
	May 01, 2023	Aug. 31, 2023	Aug. 31, 2022	Aug. 31, 2023	Aug. 31, 2022	Feb. 28, 2023
Current assets held for sale		$ 0		$ 0		$ 83,004
Long-term assets held for sale		0		0		1,765,846
Current liabilities held for sale		0		0		178,939
Long term liabilities held for sale		0		0		184,142
Gain on disposal of assets		0	$ 0	634,790	$ 0
USwirl Inc [Member]
Total Revenue		0	968,329	212,242	1,892,703
Cost of sales		0	189,407	0	386,541
Operating Expenses		0	578,435	143,198	1,137,418
Gain on disposal of assets		0	0	(634,790)	0
Other income (expense), net		0	0	0	0
Earnings (loss) from discontinued operations before income taxes		0	200,487	703,834	368,744
Income tax provision (benefit)		0	689,182	0	686,613
Earnings (loss) from discontinued operations, net of tax		0	$ (488,695)	703,834	$ (317,869)
Accounts and notes receivable, net		0		0		75,914
Inventory, net		0		0		6,067
Other		0		0		1,023
Current assets held for sale		0		0		83,004
Franchise rights, net		0		0		1,708,336
Intangible assets, net		0		0		48,095
Other		0		0		9,415
Long-term assets held for sale		0		0		1,765,846
Total Assets Held for Sale		0		0		1,848,850
Accounts payable		0		0		125,802
Accrued compensation		0		0		11,205
Accrued liabilities		0		0		11,981
Contract liabilities		0		0		29,951
Current liabilities held for sale		0		0		178,939
Contract liabilities, less current portion		0		0		184,142
Long term liabilities held for sale		0		0		184,142
Total Liabilities Held for Sale		0		0		363,081
Liabilities		0		0		$ (363,081)
USwirl Inc [Member] \| Discontinued Operations, Disposed of by Sale [Member]
Total Liabilities Held for Sale		229,431		229,431
Proceeds from Sale of Productive Assets	$ 1,750,000			1,757,738
Financing Receivable, before Allowance for Credit Loss	1,000,000	1,000,000		1,000,000
Disposal Group, Including Discontinued Operation, Consideration	$ 2,757,738	2,757,738		2,757,738
Franchise rights		1,703,325		1,703,325
Inventory		6,067		6,067
Liabilities		(229,431)		(229,431)
Net assets transferred		$ 1,479,961		1,479,961
Costs associated with the sale of assets				642,987
Gain on disposal of assets				$ 634,790