Rocky Mountain Chocolate Factory (RMCF) 10-K 30 May 23 2023 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Feb. 28, 2023	May 19, 2023	Aug. 31, 2022
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	FY
Document Fiscal Year Focus	2023
Document Type	10-K
Document Annual Report	true
Document Period End Date	Feb. 28, 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 Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
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
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 36,755,278
Entity Common Stock, Shares Outstanding		6,283,450
Auditor Name	Plante & Moran, PLLC
Auditor Location	Cleveland, Ohio
Auditor Firm ID	166

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Revenues
Total revenue	$ 30,432,352	$ 29,488,548	$ 21,763,181
Costs and Expenses
Cost of sales	20,455,373	18,610,739	15,798,557
Sales and marketing	2,060,215	1,474,807	1,623,173
General and administrative	10,325,633	7,456,314	4,938,095
Depreciation and amortization, exclusive of depreciation and amortization expense of $646,394, $620,798, and $625,526, respectively, included in cost of sales	118,869	119,377	152,921
Costs associated with Company-owned store closures	0	0	57,100
Total costs and expenses	35,323,355	30,183,070	24,492,214
Loss from Operations	(4,891,003)	(694,522)	(2,729,033)
Other Income (Expense)
Interest expense	(10,431)	0	(93,897)
Interest income	26,921	10,870	16,982
Gain on insurance recovery	0	167,123	210,464
Paycheck Protection Program	0	0	1,440,267
Other income (expense), net	16,490	177,993	1,573,816
Loss Before Income Taxes	(4,874,513)	(516,529)	(1,155,217)
Income Tax Provision	613,843	(16,812)	(745,495)
Net Loss from Continuing Operations	(5,488,356)	(499,717)	(409,722)
Earnings (loss) from discontinued operations, net of tax	(192,422)	158,020	(490,055)
Consolidated Net Loss	$ (5,680,778)	$ (341,697)	$ (899,777)
Basic Loss per Common Share
Loss from continuing operations (in dollars per share)	$ (0.88)	$ (0.08)	$ (0.07)
Earnings (loss) from discontinued operations (in dollars per share)	(0.03)	0.02	(0.08)
Net Earnings (in dollars per share)	(0.91)	(0.06)	(0.15)
Diluted Loss per Common Share
Loss from continuing operations (in dollars per share)	(0.88)	(0.08)	(0.07)
Earnings (loss) from discontinued operations (in dollars per share)	(0.03)	0.02	(0.08)
Net Earnings (in dollars per share)	$ (0.91)	$ (0.06)	$ (0.15)
Weighted Average Common Shares Outstanding - Basic (in shares)	6,226,279	6,140,687	6,067,461
Dilutive Effect of Employee Stock Awards (in shares)	0	0	0
Weighted Average Common Shares Outstanding - Diluted (in shares)	6,226,279	6,140,687	6,067,461
Product [Member]
Revenues
Total revenue	$ 24,456,910	$ 23,534,470	$ 18,217,794
Franchise and Royalty Fees [Member]
Revenues
Total revenue	5,975,442	5,954,078	3,545,387
Franchise [Member]
Costs and Expenses
Costs	1,825,783	1,914,944	1,443,807
Retail [Member]
Costs and Expenses
Costs	$ 537,482	$ 606,889	$ 478,561

Consolidated Statements of Op_2

Consolidated Statements of Operations (Parentheticals) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Amortization expense included in cost of goods sold	$ 646,394	$ 620,798	$ 625,526

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Feb. 28, 2023	Feb. 28, 2022
Current Assets
Cash and cash equivalents	$ 4,717,068	$ 7,587,374
Accounts receivable, less allowance for doubtful accounts of $666,315 and $804,815, respectively	2,055,694	1,905,836
Notes receivable, current portion, less current portion of the valuation allowance of $35,173 and $47,228, respectively	23,698	8,680
Refundable income taxes	344,885	736,528
Inventories	3,639,780	4,297,883
Other	340,847	334,801
Current assets held for sale	83,004	126,864
Total current assets	11,204,976	14,997,966
Property and Equipment, Net	5,710,739	5,451,188
Other Assets
Notes receivable, less current portion and valuation allowance of $38,778 and $65,059, respectively	94,076	0
Goodwill, net	575,608	729,701
Intangible assets, net	265,927	294,832
Deferred income taxes		722,163
Lease right of use asset	2,355,601	1,771,034
Other	14,054	28,087
Long-term assets held for sale	1,765,846	2,885,790
Total other assets	5,071,112	6,431,607
Total Assets	21,986,827	26,880,761
Current Liabilities
Accounts payable	2,189,760	1,496,008
Accrued salaries and wages	978,606	2,076,118
Gift card liabilities	592,932	574,883
Other accrued expenses	162,346	224,256
Contract liabilities	161,137	171,327
Lease liability	746,506	595,897
Current liabilities held for sale	178,939	173,243
Total current liabilities	5,010,226	5,311,732
Lease Liability, Less Current Portion	1,640,017	1,218,256
Contract Liabilities, Less Current Portion	782,278	791,245
Long-term liabilities - held for sale	184,142	159,602
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, 6,257,137 shares and 6,186,356 shares issued and outstanding, respectively	6,257	6,186
Additional paid-in capital	9,457,875	8,806,930
Retained earnings	4,906,032	10,586,810
Total stockholders' equity	14,370,164	19,399,926
Total Liabilities and Stockholders' Equity	$ 21,986,827	$ 26,880,761

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($)	Feb. 28, 2023	Feb. 28, 2022
Accounts receivable, allowance for doubtful accounts	$ 666,315	$ 804,815
Notes receivable, current portion of the valuation allowance	35,173	47,228
Financing Receivable, Allowance for Credit Loss, Noncurrent	$ 38,778	$ 65,059
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)	6,257,137	6,186,356
Common stock, shares outstanding (in shares)	6,257,137	6,186,356

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at Feb. 29, 2020	$ 6,020	$ 7,459,931	$ 11,889,560
Issuance of common stock, vesting of restricted stock units and other, net of shares withheld	0	0
Equity compensation, restricted stock units, net of shares withheld	54	511,781
Balance at Feb. 28, 2021	$ 6,074	7,971,712	10,989,783	$ 18,967,569
Net (loss) income attributable to RMCF stockholders			(899,777)	(899,777)
Cash dividends declared			0
Redemption of outstanding preferred stock purchase rights			0
Balance (in shares) at Feb. 29, 2020	6,019,532
Issuance of common stock, vesting of restricted stock units and other, net of shares withheld (in shares)	0
Equity compensation, restricted stock units, net of shares withheld (in shares)	54,761
Balance (in shares) at Feb. 28, 2021	6,074,293
Issuance of common stock, vesting of restricted stock units and other, net of shares withheld	$ 9	46,601
Equity compensation, restricted stock units, net of shares withheld	103	788,617
Balance at Feb. 28, 2022	$ 6,186	8,806,930	10,586,810	19,399,926
Net (loss) income attributable to RMCF stockholders			(341,697)	(341,697)
Cash dividends declared			0
Redemption of outstanding preferred stock purchase rights			(61,276)
Issuance of common stock, vesting of restricted stock units and other, net of shares withheld (in shares)	9,000
Equity compensation, restricted stock units, net of shares withheld (in shares)	103,063
Balance (in shares) at Feb. 28, 2022	6,186,356
Issuance of common stock, vesting of restricted stock units and other, net of shares withheld	$ 0	0
Equity compensation, restricted stock units, net of shares withheld	71	650,945
Balance at Feb. 28, 2023	$ 6,257	$ 9,457,875	4,906,032	14,370,164
Net (loss) income attributable to RMCF stockholders			(5,680,778)	$ (5,680,778)
Cash dividends declared			0
Redemption of outstanding preferred stock purchase rights			$ 0
Issuance of common stock, vesting of restricted stock units and other, net of shares withheld (in shares)	0
Equity compensation, restricted stock units, net of shares withheld (in shares)	70,781
Balance (in shares) at Feb. 28, 2023	6,257,137

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Cash Flows From Operating Activities
Consolidated Net Loss	$ (5,680,778)	$ (341,697)	$ (899,777)
Less: Net (Loss) Income from discontinued operations, net of tax	(192,422)	158,020	(490,055)
Net (Loss) Income from continuing operations	(5,488,356)	(499,717)	(409,722)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	765,263	740,175	778,447
Provision for obsolete inventory	732,499	384,473	262,156
Provision for loss on accounts and notes receivable	(277,000)	0	1,241,762
Asset impairment and store closure losses	84,183	0	533,343
Loss (gain) on sale or disposal of property and equipment	11,958	(159,129)	(368,037)
Forgiveness of Paycheck Protection Program	0	0	(1,429,500)
Expense recorded for stock compensation	651,016	1,073,115	511,835
Deferred income taxes	722,163	(267,576)	(496,491)
Changes in operating assets and liabilities:
Accounts receivable	82,050	46,311	954,454
Refundable income taxes	391,643	37,999	(356,208)
Inventories	(70,069)	(581,433)	(634,458)
Other current assets	(7,246)	(122,647)	196,088
Accounts payable	661,111	200,557	(815,094)
Accrued liabilities	(1,163,216)	1,332,993	24,105
Contract liabilities	5,384	26,321	(19,042)
Net cash (used in) provided by operating activities of continuing operations	(2,898,617)	2,211,442	(26,362)
Net cash provided by operating activities of discontinued operations	796,126	646,712	93,708
Net cash (used in) provided by operating activities	(2,102,491)	2,858,154	67,346
Addition to notes receivable	(64,621)	0	0
Proceeds received on notes receivable	62,411	109,809	73,699
Purchase of intangible assets	0	0	(99,048)
Proceeds from insurance recovery	0	206,336	304,962
Proceeds from the sale or distribution of assets	27,289	2,693	0
Purchases of property and equipment	(1,000,015)	(941,327)	(149,517)
(Increase) decrease in other assets	10,000	(10,000)	(207,761)
Net cash used in by investing activities of continuing operations	(964,936)	(632,489)	(77,665)
Net cash provided by investing activities of discontinued operations	197,121	27,491	6,671
Net cash used in investing activities	(767,815)	(604,998)	(70,994)
Cash Flows from Financing Activities
Repurchase of common stock through net settlement of restricted stock units	0	(237,785)	0
Proceeds from Paycheck Protection Program	0	0	1,429,500
Dividends paid and redemption of outstanding preferred stock purchase rights	0	(61,276)	(722,344)
Net cash (used in) provided by financing activities of continuing operations	0	(299,061)	707,156
Net cash provided by financing activities of discontinued operations	0	0	107,700
Net cash provided by (used in) financing activities	0	(299,061)	814,856
Net Increase (Decrease) in Cash and Cash Equivalents	(2,870,306)	1,954,095	811,208
Cash and Cash Equivalents, Beginning of Period	7,587,374	5,633,279	4,822,071
Cash and Cash Equivalents, End of Period	$ 4,717,068	$ 7,587,374	$ 5,633,279

Note 1 - Nature of Operations a

Note 1 - Nature of Operations and Summary of Significant Accounting Policies	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Business Description and Accounting Policies [Text Block]	NOTE 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” or “RMCF”). The Company is an international franchisor, confectionery manufacturer and retail operator. Founded in 1981, On February 24, 2023 three May 1, 2023, 2023 See Note 20 The Company’s revenues are currently derived from three In FY 2020 2021 1,000 2022 November 1, 2022, December 20, 2019 ( March 16, 2020 ( no December 20, 2019, December 20, 2019, March 16, 2020, 2023, 2022 2021 The following table summarizes the number of stores operating under the Rocky Mountain Chocolate Factory brand at February 28, 2023: Stores Open at 2/28/2022 Opened Closed Sold Stores Open at 2/28/2023 Sold, Not Yet Open Total Rocky Mountain Chocolate Factory Company-owned stores 2 - - (1 ) 1 - 1 Franchise stores - Domestic stores and kiosks 154 5 (7 ) 1 153 6 159 International license stores 5 - (1 ) - 4 1 5 Cold Stone Creamery - co-branded 97 7 (3 ) - 101 - 101 U-Swirl - co-branded 9 2 (1 ) - 10 - 10 Total 267 269 7 276 Consolidation Management accounts for the activities of the Company and its subsidiaries, and the accompanying consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Cash Equivalents The Company considers all highly liquid instruments purchased with an original maturity of three February 28, 2023. Accounts and Notes Receivable In the normal course of business, the Company extends credit to customers, primarily franchisees that satisfy pre-defined credit criteria. The Company believes that it has a limited concentration of credit risk primarily because its receivables are secured by the assets of the franchisees to which the Company ordinarily extends credit, including, but not may February 28, 2023, February 28, 2022. December 2027 may March 1 2021, Inventories Inventories are stated at the lower of cost or net realizable value, which is adjusted for obsolete, damaged and excess inventories to the lower of cost or net realizable value based on actual differences. The inventory value is determined through analysis of items held in inventory, and, if the recorded value is higher than the net realizable value, the Company records an expense to reduce inventory to its actual net realizable value. The process by which the Company performs its analysis is conducted on an item by item basis and takes into account, among other relevant factors, net realizable value, sales history and future sales potential. Cost is determined using the first first Property and Equipment and Other Assets Property and equipment are recorded at cost. Depreciation and amortization are computed using the straight-line method based upon the estimated useful life of the asset, which ranges from five thirty-nine The Company reviews its long-lived assets through analysis of estimated fair value, including identifiable intangible assets, whenever events or changes indicate the carrying amount of such assets may not Income Taxes 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. 382 14. Gift Card Breakage The Company and its franchisees sell gift cards that are redeemable for product in stores. The Company manages the gift card program, and therefore collects all funds from the activation of gift cards and reimburses franchisees for the redemption of gift cards in their stores. A liability for unredeemed gift cards is included in current liabilities in our balance sheets. There are no not may February 28, 2023 February 28, 2022, 2023 2022, Goodwill Goodwill arose primarily from two first second The Company performs a goodwill impairment test on an annual basis or more frequently when events or circumstances indicate that the carrying value of a reporting unit more likely than not 7 Intangible Assets Intangible assets represent non-physical assets that create future economic value and are primarily composed of packaging design, store design, trademarks and non-competition agreements. Intangible assets are amortized on a straight line bases over a period ranging from 3 years to 20 years based on the expected future economic value of the intangible asset. Intangible assets are recorded at their cost. The Company performs intangible asset impairment testing on an annual basis or more frequently when events or circumstances indicate that the carrying value of a reporting unit more likely than not 7 Insurance and Self-Insurance Reserves The Company uses a combination of insurance and self-insurance plans to provide for the potential liabilities for workers’ compensation, general liability, property insurance, director and officers’ liability insurance, vehicle liability and employee health care benefits. Liabilities associated with the risks that are retained by the Company are estimated, in part, by considering historical claims experience, demographic factors, severity factors and other assumptions. While the Company believes that its assumptions are appropriate, the estimated accruals for these liabilities could be significantly affected if future occurrences and claims differ from these assumptions and historical trends. Sales The Company has performance obligations to sell products to franchisees and other customers, and revenue is recognized at a point in time. Control is transferred when the order has been shipped to a customer, utilizing a third Rebates Rebates received from purveyors that supply products to the Company’s franchisees are included in franchise royalties and fees. Product rebates are recognized in the period in which they are earned. Rebates related to Company-owned locations are offset against operating costs. Shipping Fees Shipping fees charged to customers by the Company’s trucking department are reported as sales. Shipping costs incurred by the Company for inventory are reported as cost of sales or inventory. Franchise and Royalty Fees The Company recognizes franchise fees over the term of the associated franchise agreement, which is generally a period of 10 years. In addition to the initial franchise fee, the Company also recognizes a marketing and promotion fee of one no ten Use of Estimates In preparing consolidated financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets, liabilities, and the disclosure of contingent assets and liabilities, at the date of the consolidated financial statements, and revenues and expenses during the reporting period. Actual results could differ from those estimates. Stock-Based Compensation On February 28, 2023, one 2007 The Company recognized $651,016, $1,073,115, and $511,835 related to equity-based compensation expense during the years ended February 28, 2023, 2022 2021, During FY 2023, 2022, no 2023 2022. five six 2023 2022 2021. February 28, 2023 The Company did not February 28, 2023, February 28, 2022 no February 29, 2021. February 28 29, 2023, 2022 2021, During FY 2023, third February 28, 2023, February 28, 2025. February 2025 During FY 2023 2022 March 2025. 1, 12 19 Earnings Per Share Basic earnings per share is computed as net earnings divided by the weighted average number of common shares outstanding during each year. Diluted earnings per share reflects the potential dilution that could occur from common shares issuable through stock options and restricted stock units. Following the expiration of all outstanding options during FY 2017, no The weighted-average number of shares outstanding used in the computation of diluted earnings per share does not February 28, 2023, February 28, 2022, February 28, 2021, Advertising and Promotional Expenses The Company expenses advertising costs as incurred. Total advertising expenses for RMCF amounted to $577,984, $210,103, and $265,285 for the fiscal years ended February 28, 2023, 2022 2021, Fair Value of Financial Instruments The Company’s financial instruments consist of cash and cash equivalents, trade receivables, payables, notes payable and notes receivable. The fair value of all instruments approximates the carrying value, because of the relatively short maturity of these instruments. All of the Company’s financial instruments are classified as level 1 2 not 3 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 Subsequent Events Except as described below, management evaluated all activity of the Company through the issue date of the financial statements and concluded that no On May 1, 2023, 2023, three three February 24, 2023. May 1, 2023, See Note 20 8, On May 8, 2023 May 3, 2023 ( December 31, 2023, twenty-six November 2023, ( 18 not

Note 2 - Supplemental Cash Flow

Note 2 - Supplemental Cash Flow Information	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Cash Flow, Supplemental Disclosures [Text Block]	NOTE 2 For the three February 28: Cash paid (received) for: 2023 2022 2021 Interest $ 25,000 $ 5,202 $ 76,803 Income taxes (547,763 ) 240,890 (21,021 )

Note 3 - Revenue From Contracts

Note 3 - Revenue From Contracts With Customers	12 Months Ended
	Feb. 28, 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 February 28, 2023 February 28, 2022: Twelve Months Ended February 28: 2023 2022 Contract liabilities at the beginning of the year: $ 962,572 $ 958,177 Revenue recognized (204,657 ) (179,678 ) Contract fees received 185,500 206,000 Amortized gain on the financed sale of equipment - (21,927 ) Contract liabilities at the end of the year: $ 943,415 $ 962,572 At February 28, 2023, not 2024 $ 161,137 2025 146,194 2026 133,309 2027 119,878 2028 92,340 Thereafter 290,557 Total $ 943,415 Gift Cards The Company’s franchisees sell gift cards, which do not 606 Factory 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 sales are recognized at the time the sales occur.

Note 4 - Disaggregation of Reve

Note 4 - Disaggregation of Revenue	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Disaggregation of Revenue [Text Block]	NOTE 4 The following table presents disaggregated revenue by the method of recognition and segment: For the Year Ended February 28, 2023 Revenues recognized over time: Franchising Manufacturing Retail Total Franchise fees $ 204,657 $ - $ - $ 204,657 Revenues recognized at a point in time: Franchising Manufacturing Retail Total Factory sales - 23,372,133 - 23,372,133 Retail sales - - 1,084,777 1,084,777 Royalty and marketing fees 5,770,785 - - 5,770,785 Total $ 5,975,442 $ 23,372,133 $ 1,084,777 $ 30,432,352 For the Year Ended February 28, 2022 Revenues recognized over time: Franchising Manufacturing Retail Total Franchise fees $ 179,678 $ - $ - $ 179,678 Revenues recognized at a point in time: Franchising Manufacturing Retail Total Factory sales - 22,374,175 - 22,374,175 Retail sales - - 1,160,295 1,160,295 Royalty and marketing fees 5,774,400 - - 5,774,400 Total $ 5,954,078 $ 22,374,175 $ 1,160,295 $ 29,488,548 For the Year Ended February 28, 2021 Revenues recognized over time: Franchising Manufacturing Retail Total Franchise fees $ 178,042 $ - $ - $ 178,042 Revenues recognized at a point in time: Franchising Manufacturing Retail Total Factory sales - 17,321,001 - 17,321,001 Retail sales - - 896,793 896,793 Royalty and marketing fees 3,367,345 - - 3,367,345 Total $ 3,545,387 $ 17,321,001 $ 896,793 $ 21,763,181

Note 5 - Inventories

Note 5 - Inventories	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE 5 Inventories consist of the following at February 28: 2023 2022 Ingredients and supplies $ 2,481,510 $ 2,753,068 Finished candy 1,567,887 2,168,084 Reserve for slow moving inventory (409,617 ) (623,269 ) Total inventories $ 3,639,780 $ 4,297,883

Note 6 - Property and Equipment

Note 6 - Property and Equipment, Net	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	NOTE 6 Property and equipment consists of the following at February 28: 2023 2022 Land $ 513,618 $ 513,618 Building 5,151,886 5,148,854 Machinery and equipment 10,152,211 9,582,157 Furniture and fixtures 512,172 533,836 Leasehold improvements 134,010 169,683 Transportation equipment 476,376 479,701 16,940,273 16,427,849 Less accumulated depreciation (11,229,534 ) (10,976,661 ) Property and equipment, net $ 5,710,739 $ 5,451,188 Depreciation expense related to property and equipment totaled $736,358, $710,804, and $751,396 during the fiscal years ended February 28, 2023, 2022 2021,

Note 7 - Goodwill and Intangibl

Note 7 - Goodwill and Intangible Assets	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	NOTE 7 Goodwill and intangible assets consist of the following at February 28: 2023 2022 Amortization Period (in Years) Gross Carrying Value Accumulated Amortization Gross Carrying Value Accumulated Amortization Intangible assets subject to amortization Store design 10 $ 394,826 $ 259,314 $ 394,826 $ 240,409 Packaging licenses 3 - 5 120,830 120,830 120,830 120,830 Packaging design 10 430,973 430,973 430,973 430,973 Trademark/Non-competition agreements 5 - 20 259,339 128,924 259,339 118,924 Total 1,205,968 940,041 1,205,968 911,136 Goodwill and intangible assets not subject to amortization Franchising segment Company stores goodwill $ 360,972 $ 515,065 Franchising goodwill 97,318 97,318 Manufacturing segment-goodwill 97,318 97,318 Trademark 20,000 20,000 Total 575,608 729,701 Total Goodwill and Intangible Assets $ 1,781,576 $ 940,041 $ 1,935,669 $ 911,136 Changes to goodwill during the fiscal year ended February 28, 2023 Retail Segment Balance as of February 28, 2022 Goodwill $ 515,065 Impairment losses (84,183 ) Goodwill written off related to sales of Company-owned stores (69,910 ) Balance as of February 28, 2023 $ 360,972 Amortization expense related to intangible assets totaled $28,905, $29,371, $27,051 February 28, 2023, 2022 2021, At February 28, 2023, 2024 28,030 2025 27,405 2026 27,405 2027 27,405 2028 27,405 Thereafter 128,277 Total $ 265,927

Note 8 - Impairment of Long-liv

Note 8 - Impairment of Long-lived and Intangible Assets	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Asset Impairment Charges [Text Block]	NOTE 8 We assess the potential impairment of our long-lived assets on an annual basis or whenever events or changes in circumstances indicate the carrying value of the assets or asset group may not 2023 2021 2021, 19 2023 The assessment of our goodwill, trademark and long-lived asset fair values includes many assumptions that are subject to risk and uncertainties. The primary assumptions, which are all Level 3 ● Expected future cash flows from the operation of our Company-owned store. ● Forecasted future royalty revenue, marketing revenue and associated expenses. ● The projected rate of royalty savings on trademarks. ● Our cost of capital. During FY 2023, 2022, 2021, 2023 2022 2021 Company store goodwill impairment $ 84,183 $ 0 $ 317,243 Trademark intangible asset impairment - - 159,000 Company-owned store impairment of long-lived assets - - 57,100 Total $ 84,183 $ 0 $ 533,343

Note 9 - Notes Payable and Revo

Note 9 - Notes Payable and Revolving Credit Line	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Long-Term Debt [Text Block]	NOTE 9 Paycheck Protection Program During FY 2021 2021, The amount of loan proceeds eligible for forgiveness was based on a formula based on a number of factors, including the amount of loan proceeds used by the Company during the period after the loan origination for certain purposes, including payroll costs, interest on certain mortgage obligations, rent payments on certain leases, and certain qualified utility payments, provided that, among other things, at least 60 75% 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 base limitations) as of February 28, 2023. February 28, 2023). February 28, 2023, September 2023.

Note 10 - Stock Compensation Pl

Note 10 - Stock Compensation Plans	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	NOTE 10 In FY 2021, 2007 “2007 2007 The following table summarizes stock awards under the 2007 February 28, 2023: Original share authorization: 300,000 Prior plan shares authorized and incorporated in the 2007 Plan: 85,340 Additional shares authorized through 2007 Plan amendments: 600,000 Available for award: 985,340 Cancelled/forfeited: 244,647 Shares awarded as unrestricted shares, stock options or restricted stock units: (1,066,781 ) Shares available for award: 163,206 Information with respect to restricted stock unit awards outstanding under the 2007 February 28, 2023, three Twelve Months Ended February 28: 2023 2022 2021 Outstanding non-vested restricted stock units at beginning of year: 105,978 209,450 265,555 Granted 129,092 26,058 - Vested (70,782 ) (127,130 ) (54,761 ) Cancelled/forfeited (10,157 ) (2,400 ) (1,344 ) Outstanding non-vested restricted stock units as of February 28: 154,131 105,978 209,450 Weighted average grant date fair value $ 5.23 $ 9.33 $ 9.40 Weighted average remaining vesting period (in years) 1.73 2.26 3.68 Information with respect to stock option awards outstanding under the 2007 February 28, 2023, three Twelve Months Ended February 28: 2023 2022 2021 Outstanding stock options at beginning of year: - - - Granted 36,144 - - Exercised - - - Cancelled/forfeited - - - Outstanding stock options as of February 28 or 29: 36,144 - - Weighted average exercise price 6.49 n/a n/a Weighted average remaining contractual term (in years) 9.26 n/a n/a

Note 11 - Leasing Arrangements

Note 11 - Leasing Arrangements	12 Months Ended
	Feb. 28, 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 following is a schedule of lease expense for all retail operating leases for the three February 28: 2023 2022 2021 Minimum rentals $ 106,203 $ 136,125 $ 189,696 Less sublease rentals (39,186 ) (60,254 ) (113,515 ) Contingent rentals 30,600 22,800 10,800 $ 97,617 $ 98,671 $ 86,981 The Company also leases trucking equipment and warehouse space in support of its manufacturing operations. Expense associated with trucking and warehouse leases is included in cost of sales on the consolidated statements of operations. The following is a schedule of lease expense for trucking equipment operating leases for the three February 28: 2023 2022 2021 351,738 270,767 340,731 As of February 28, 2023 2022 nine ASU 2016 02 842 not The amount of the ‘Right of Use Asset’ and ‘Lease Liability’ recorded in the Consolidated Balance Sheets upon the adoption of ASU 2016 02 not not not not February 28, 2023, 2022 2021, As of February 28, 2023, FYE 24 $ 760,952 FYE 25 611,988 FYE 26 514,346 FYE 27 242,558 FYE 28 71,671 Thereafter 390,450 Total $ 2,591,965 Less: Imputed interest (205,442 ) Present value of lease liabilities: $ 2,386,523 The weighted average lease term at February 28, 2023, 2022, 2021 The following is a schedule of cash paid for lease liabilities for the three February 28: 2023 2022 2021 Cash paid for amounts included in the measurement of lease liabilities 572,079 563,264 530,137 During the years ended February 28, 2023, 2022, 2021 The Company did not February 28, 2023 February 28, 2022.

Note 12 - Commitments and Conti

Note 12 - Commitments and Contingencies	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 12 Employment Agreement Payments upon a Change in Control We have entered into employment agreements with certain of our former executives which contain, among other things, "change in control" severance provisions. The employment agreement of Mr. Dudley generally provides that, if the Company or the executive terminates the executive's employment under circumstances constituting a "triggering termination," the executive will be entitled to receive, among other benefits, 2.99 two 25% 18 A “change in control,” as used in the agreement for Mr. Dudley, generally means a change in the control of the Company following any number of events, but specifically, a proxy contest in which our Board of Directors prior to the transaction constitutes less than a majority of our Board of Directors after the transaction or the members of our Board of Directors during any consecutive two October 6, 2021. may In connection with Mr. Dudley’s retirement, Mr. Dudley and the Company entered into a Separation Agreement and General Release (the “Separation Agreement”), dated September 30, 2022 ( $70,000; December 31, 2022, Mr. Sarlls’ employment agreement 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 Mr. Arroyo’s employment agreement 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 Purchase contracts The Company frequently enters into purchase contracts of between six eighteen may may may February 28, 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 February 28, 2023, not

Note 13 - Stockholders' Equity

Note 13 - Stockholders' Equity	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Equity [Text Block]	NOTE 13 Redemption of Preferred Stock Purchase Rights On October 2, 2021, March 1, 2015, October 2021 Warrants In consideration of Edible entering into the exclusive supplier agreement and the performance of its obligations therein, on December 20, 2019, five six fifth February 28, 2023, no November 1, 2022, no The Company determined that the grant date fair value of the warrants was de minimis and did not

Note 14 - Income Taxes

Note 14 - Income Taxes	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 14 Income tax expense (benefit) is comprised of the following for the years ended February 28: 2023 2022 2021 Current Federal $ (116,792 ) $ 204,058 $ (294,368 ) State 8,472 46,704 44,643 Total Current (108,320 ) 250,762 (249,725 ) Deferred Federal 621,841 (231,430 ) (425,580 ) State 100,322 (36,144 ) (70,190 ) Total Deferred 722,163 (267,574 ) (495,770 ) Total $ 613,843 $ (16,812 ) $ (745,495 ) A reconciliation of the statutory federal income tax rate and the effective rate as a percentage of pretax income is as follows for the years ended February 28: 2023 2022 2021 Statutory rate 21.0 % 21.0 % 21.0 % State income taxes, net of federal benefit 2.9 % 3.8 % 4.3 % Paycheck Protection Program debt forgiveness 0.0 % 0.0 % 28.7 % Work opportunity tax credits 0.0 % (1.2 )% 0.3 % Equity compensation tax expense (0.7 )% (8.2 )% (2.5 )% Compensation and benefits permanent differences (3.2 )% (1.9 )% 0.0 % Other 0.7 % 0.1 % 0.6 % Valuation allowance (33.3 )% 0.0 % 0.0 % Impact of CARES act 0.0 % (10.3 )% 12.1 % Effective tax rate (12.6 )% 3.3 % 64.5 % During FY 2023 2023 no not February 28, 2023, During FY 2022 2021 The effective income tax rate for the year ended February 28, 2021 no 2021 The components of deferred income taxes at February 28 2023 2022 Deferred Tax Assets Allowance for doubtful accounts and notes $ 182,031 $ 225,515 Inventories 100,725 153,262 Accrued compensation 158,652 429,076 Loss provisions and deferred income 340,652 379,069 Self-insurance accrual 24,098 27,049 Amortization - - Restructuring charges 98,693 98,693 Accumulated net losses 1,669,288 445,560 Valuation allowance (1,721,306 ) (98,693 ) Net deferred tax assets $ 852,833 $ 1,659,531 Deferred Tax Liabilities Depreciation and amortization (771,593 ) (860,318 ) Prepaid expenses (81,240 ) (77,050 ) Deferred Tax Liabilities (852,833 ) (937,368 ) Net deferred tax assets $ - $ 722,163 The following table summarizes deferred income tax valuation allowances as of February 28: 2023 2022 Valuation allowance at beginning of period $ 98,693 $ 98,693 Tax expense realized by valuation allowance 1,622,613 - Valuation allowance at end of period $ 1,721,306 $ 98,693 Under the recently enacted CARES Act a net operating loss (“NOL”) arising during the Company’s fiscal year 2021 five 2016 2020. five 21% 34%, February 28, 2018. 2022 2021 February 28, 2022. The Company’s deferred tax assets are valued at the current federally enacted rate of 21%. The loss carryback provisions of the CARES Act will enable the Company to offset taxable income from prior years when federally enacted tax rates were higher than 21%. 2021. In December 2020 2021 may 2021 no The Company files income tax returns in the U.S. federal and various state taxing jurisdictions. With few exceptions, the Company is no 2018. 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 FY 2023, 2022, 2021, 2022 2021 no not February 28, 2023, The Company accounts for uncertainty in income taxes by recognizing the tax benefit from an uncertain tax position only if it is more likely than not 50% may not February 28, 2023 2022. not not twelve February 28, 2023 2022. The Company’s subsidiaries, SWRL, along with U-Swirl had a history of net operating losses prior to the company’s acquisition of them and thus the Company has a related net operating loss carry forward. In accordance with Section 382 may 2017 The Company estimates that the potential future tax deductions of U-Swirl’s Federal net operating losses, limited by section 382, 2026. Income tax provision (benefit) allocated to continuing operations and discontinued operations for the years ended February 28, 2023, 2022 2021 2023 2022 2021 Continuing operations $ 613,843 $ (16,812 ) $ (745,495 ) Discontinued operations 618,308 52,194 (146,419 ) Total tax provision (benefit) $ 1,232,151 $ 35,382 $ (891,914 )

Note 15 - Employee Benefit Plan

Note 15 - Employee Benefit Plan	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	NOTE 15 The Company has a 401 401 February 28, 2023, 2022 2021,

Note 16 - Operating Segments

Note 16 - Operating Segments	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 16 The Company classifies its business interests into four reportable segments: Rocky Mountain Chocolate Factory, Inc. Franchising, Manufacturing, Retail Stores, and Other, which is the basis upon which the Company’s chief operating decision maker evaluates the Company’s performance. The accounting policies of the segments are the same as those described in the summary of significant accounting policies in Note 1 FY 2023 Franchising Manufacturing Retail Other Total Total revenues $ 5,980,945 $ 24,628,317 $ 1,084,777 $ - $ 31,694,039 Intersegment revenues (5,503 ) (1,256,184 ) - - (1,261,687 ) Revenue from external customers 5,975,442 23,372,133 1,084,777 - 30,432,352 Segment profit (loss) 2,601,485 2,832,307 130,880 (10,439,185 ) (4,874,513 ) Total assets 1,245,331 9,792,491 442,977 10,506,028 21,986,827 Capital expenditures 17,129 899,219 5,413 78,254 1,000,015 Total depreciation & amortization $ 34,301 $ 652,405 $ 5,845 $ 72,712 $ 765,263 FY 2022 Franchising Manufacturing Retail Other Total Total revenues $ 5,959,624 $ 23,442,371 $ 1,160,295 $ - $ 30,562,290 Intersegment revenues (5,546 ) (1,068,196 ) - - (1,073,742 ) Revenue from external customers 5,954,078 22,374,175 1,160,295 - 29,488,548 Segment profit (loss) 2,862,263 3,863,460 75,962 (7,318,214 ) (516,529 ) Total assets 1,160,343 10,023,716 625,850 15,070,852 26,880,761 Capital expenditures 1,832 797,178 3,688 138,629 941,327 Total depreciation & amortization $ 36,625 $ 627,071 $ 5,635 $ 70,844 $ 740,175 FY 2021 Franchising Manufacturing Retail Other Total Total revenues $ 3,549,055 $ 18,316,165 $ 896,793 $ - $ 22,762,013 Intersegment revenues (3,668 ) (995,164 ) - - (998,832 ) Revenue from external customers 3,545,387 17,321,001 896,793 - 21,763,181 Segment profit (loss) 846,039 1,422,491 (309,799 ) (3,113,948 ) (1,155,217 ) Total assets 1,338,990 9,330,194 634,124 13,647,844 24,951,152 Capital expenditures 150 103,003 4,505 41,859 149,517 Total depreciation & amortization $ 42,579 $ 642,806 $ 14,150 $ 78,912 $ 778,447

Note 17 - Summarized Quarterly

Note 17 - Summarized Quarterly Data (Unaudited)	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Quarterly Financial Information [Text Block]	NOTE 17 Following is a summary of the quarterly results of operations for the fiscal years ended February 28, 2023 2022: Fiscal Quarter 2023 First Second Third Fourth Total Total revenue $ 6,902,198 $ 6,557,356 $ 8,825,093 $ 8,147,705 $ 30,432,352 Gross margin 881,699 1,181,806 1,859,186 78,846 4,001,537 Net (loss) income from continuing operations (285,767 ) (3,152,491 ) (196,157 ) (1,853,941 ) (5,488,356 ) Net (loss) income from discontinued operations 170,826 (488,695) (15,822 ) 141,269 (192,422 ) Net (loss) income $ (114,941 ) $ (3,641,186 ) $ (211,979 ) $ (1,712,672 ) $ (5,680,778 ) Basic earnings (loss) per share Earnings (loss) from continuing operations $ (0.05 ) $ (0.51 ) $ (0.03 ) $ (0.29 ) $ (0.88 ) Earnings (loss) from discontinued operations 0.03 (.08 ) - 0.02 (.03 ) Net Earnings $ (0.02 ) $ (0.59 ) $ (0.03 ) $ (0.27 ) $ (0.91 ) Diluted earnings (loss) per share Earnings (loss) from continuing operations $ (0.05 ) $ (0.51 ) $ (0.03 ) $ (0.29 ) $ (0.88 ) Earnings (loss) from discontinued operations 0.03 (.08 ) - 0.02 (.03 ) Net Earnings $ (0.02 ) $ (0.59 ) $ (0.03 ) $ (0.27 ) $ (0.91 ) Fiscal Quarter 2022 First Second Third Fourth Total Total revenue $ 6,757,428 $ 7,033,474 $ 7,902,033 $ 7,795,613 $ 29,488,548 Gross margin 925,141 1,519,680 1,580,543 898,367 4,923,731 Net (loss) income from continuing operations 447,820 84,272 (1,413,010 ) 381,201 (499,717 ) Net (loss) income from discontinued operations 131,985 112661 (64,636 ) (21,990 ) 158,020 Net (loss) income $ 579,805 $ 196,933 $ (1,477,646 ) $ 359,211 $ (341,697 ) Basic earnings (loss) per share Earnings (loss) from continuing operations $ 0.07 $ 0.01 $ (0.23 ) $ 0.06 $ (0.08 ) Earnings (loss) from discontinued operations 0.02 0.02 (0.01 ) - 0.02 Net Earnings $ 0.09 $ 0.03 $ (0.24 ) $ 0.06 $ (0.06 ) Diluted earnings (loss) per share Earnings (loss) from continuing operations $ 0.07 $ 0.01 $ (0.23 ) $ 0.06 $ (0.08 ) Earnings (loss) from discontinued operations 0.02 0.02 (0.01 ) - 0.02 Net Earnings $ 0.09 $ 0.03 $ (0.24 ) $ 0.06 $ (0.06 )

Note 18 - Costs Associated With

Note 18 - Costs Associated With Company-owned Store Closures	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Restructuring, Impairment, and Other Activities Disclosure [Text Block]	NOTE 18 Costs associated with Company-owned store asset disposals at February 28, 2023, 2022 2021 2023 2022 2021 Loss on distribution of assets $ - $ - $ 57,100 Total $ - $ - $ 57,100

Note 19 - Contested Solicitatio

Note 19 - Contested Solicitation Of Proxies and Change In Control Payments	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Contested Solicitation Of Proxies and Change In Control Payments [Text Block]	NOTE 19 Contested Solicitation of Proxies During FY 2023 2022, 2022 2021 2023, 2022 2021. Employment Agreement Payments upon a Change in Control As described above in Note 12, In connection with Mr. Dudley’s retirement in FY 2023, September 30, 2022 ( $70,000; December 31, 2022, February 28, 2023 During FY 2022 May 5, 2022 May 9, 2022. In connection therewith, the Company and Mr. Merryman entered into a letter agreement dated November 8, 2021 ( November 3, 2021 ( February 26, 2019, November 3, 2021, November 3, 2021 ( July 7, 2022 As a result of these Agreements the Company incurred the following costs during FY 2023 2022: 2023 2022 Severance compensation: $ 928,938 $ 1,344,813 Accelerated restricted stock unit compensation expense: 95,156 525,000 Consulting Services: 56,250 - Total $ 1,080,344 $ 1,869,813 These costs are recognized as general and administrative expense in the Consolidated Statement of Operations.

Note 20 - Discontinued Operatio

Note 20 - Discontinued Operations	12 Months Ended
	Feb. 28, 2023
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	20 On February 24, 2023 May 1, 2023 1 three 2 The following table discloses the results of operations of the businesses reported as discontinued operations for the years ended February 28, 2023, 2022 2021, FOR THE YEARS ENDED FEBRUARY 28, 2023 2022 2021 Total Revenue $ 3,128,368 $ 2,854,031 $ 1,717,524 Cost of sales 654,353 556,933 320,068 Operating Expenses 2,048,129 2,087,021 2,142,310 Other income (expense), net - (137 ) (108,380 ) Earnings (loss) from discontinued operations before income taxes 425,886 210,214 (636,474 ) Income tax provision (benefit) 618,308 52,194 (146,419 ) Earnings (loss) from discontinued operations, net of tax $ (192,422 ) $ 158,020 $ (490,055 ) The following table reflects the summary of assets and liabilities held for sale for U-Swirl as of February 28, 2023 2022, AS OF FEBRUARY 28, 2023 2022 Accounts and notes receivable, net $ 75,914 $ 62,078 Inventory, net 6,067 56,319 Other 1,023 8,467 Current assets held for sale 83,004 126,864 Property and equipment, net - 48,702 Franchise rights, net 1,708,336 2,078,066 Intangible assets, net 48,095 58,853 Deferred income taxes - 666,108 Other 9,415 34,061 Long-term assets held for sale 1,765,846 2,885,790 Total Assets Held for Sale 1,848,850 3,012,654 Accounts payable 125,802 83,909 Accrued compensation 11,205 49,312 Accrued liabilities 11,981 15,388 Contract liabilities 29,951 24,634 Current liabilities held for sale 178,939 173,243 Contract liabilities, less current portion 184,142 159,602 Long term liabilities held for sale 184,142 159,602 Total Liabilities Held for Sale $ 363,081 $ 332,845

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Feb. 28, 2023
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	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” or “RMCF”). The Company is an international franchisor, confectionery manufacturer and retail operator. Founded in 1981, On February 24, 2023 three May 1, 2023, 2023 See Note 20 The Company’s revenues are currently derived from three In FY 2020 2021 1,000 2022 November 1, 2022, December 20, 2019 ( March 16, 2020 ( no December 20, 2019, December 20, 2019, March 16, 2020, 2023, 2022 2021 The following table summarizes the number of stores operating under the Rocky Mountain Chocolate Factory brand at February 28, 2023: Stores Open at 2/28/2022 Opened Closed Sold Stores Open at 2/28/2023 Sold, Not Yet Open Total Rocky Mountain Chocolate Factory Company-owned stores 2 - - (1 ) 1 - 1 Franchise stores - Domestic stores and kiosks 154 5 (7 ) 1 153 6 159 International license stores 5 - (1 ) - 4 1 5 Cold Stone Creamery - co-branded 97 7 (3 ) - 101 - 101 U-Swirl - co-branded 9 2 (1 ) - 10 - 10 Total 267 269 7 276
Consolidation, Policy [Policy Text Block]	Consolidation Management accounts for the activities of the Company and its subsidiaries, and the accompanying consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash Equivalents The Company considers all highly liquid instruments purchased with an original maturity of three February 28, 2023.
Receivable [Policy Text Block]	Accounts and Notes Receivable In the normal course of business, the Company extends credit to customers, primarily franchisees that satisfy pre-defined credit criteria. The Company believes that it has a limited concentration of credit risk primarily because its receivables are secured by the assets of the franchisees to which the Company ordinarily extends credit, including, but not may February 28, 2023, February 28, 2022. December 2027 may March 1 2021,
Inventory, Policy [Policy Text Block]	Inventories Inventories are stated at the lower of cost or net realizable value, which is adjusted for obsolete, damaged and excess inventories to the lower of cost or net realizable value based on actual differences. The inventory value is determined through analysis of items held in inventory, and, if the recorded value is higher than the net realizable value, the Company records an expense to reduce inventory to its actual net realizable value. The process by which the Company performs its analysis is conducted on an item by item basis and takes into account, among other relevant factors, net realizable value, sales history and future sales potential. Cost is determined using the first first
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment and Other Assets Property and equipment are recorded at cost. Depreciation and amortization are computed using the straight-line method based upon the estimated useful life of the asset, which ranges from five thirty-nine The Company reviews its long-lived assets through analysis of estimated fair value, including identifiable intangible assets, whenever events or changes indicate the carrying amount of such assets may not
Income Tax, Policy [Policy Text Block]	Income Taxes 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. 382 14.
Gift Card Breakage, Policy [Policy Text Block]	Gift Card Breakage The Company and its franchisees sell gift cards that are redeemable for product in stores. The Company manages the gift card program, and therefore collects all funds from the activation of gift cards and reimburses franchisees for the redemption of gift cards in their stores. A liability for unredeemed gift cards is included in current liabilities in our balance sheets. There are no not may February 28, 2023 February 28, 2022, 2023 2022,
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	Goodwill Goodwill arose primarily from two first second The Company performs a goodwill impairment test on an annual basis or more frequently when events or circumstances indicate that the carrying value of a reporting unit more likely than not 7
Goodwill and Intangible Assets, Policy [Policy Text Block]	Intangible Assets Intangible assets represent non-physical assets that create future economic value and are primarily composed of packaging design, store design, trademarks and non-competition agreements. Intangible assets are amortized on a straight line bases over a period ranging from 3 years to 20 years based on the expected future economic value of the intangible asset. Intangible assets are recorded at their cost. The Company performs intangible asset impairment testing on an annual basis or more frequently when events or circumstances indicate that the carrying value of a reporting unit more likely than not 7
Insurance and Self-Insurance Reserves [Policy Text Block]	Insurance and Self-Insurance Reserves The Company uses a combination of insurance and self-insurance plans to provide for the potential liabilities for workers’ compensation, general liability, property insurance, director and officers’ liability insurance, vehicle liability and employee health care benefits. Liabilities associated with the risks that are retained by the Company are estimated, in part, by considering historical claims experience, demographic factors, severity factors and other assumptions. While the Company believes that its assumptions are appropriate, the estimated accruals for these liabilities could be significantly affected if future occurrences and claims differ from these assumptions and historical trends.
Revenue [Policy Text Block]	Sales The Company has performance obligations to sell products to franchisees and other customers, and revenue is recognized at a point in time. Control is transferred when the order has been shipped to a customer, utilizing a third Rebates Rebates received from purveyors that supply products to the Company’s franchisees are included in franchise royalties and fees. Product rebates are recognized in the period in which they are earned. Rebates related to Company-owned locations are offset against operating costs. Shipping Fees Shipping fees charged to customers by the Company’s trucking department are reported as sales. Shipping costs incurred by the Company for inventory are reported as cost of sales or inventory. Franchise and Royalty Fees The Company recognizes franchise fees over the term of the associated franchise agreement, which is generally a period of 10 years. In addition to the initial franchise fee, the Company also recognizes a marketing and promotion fee of one no ten
Use of Estimates, Policy [Policy Text Block]	Use of Estimates In preparing consolidated financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets, liabilities, and the disclosure of contingent assets and liabilities, at the date of the consolidated financial statements, and revenues and expenses during the reporting period. Actual results could differ from those estimates.
Share-Based Payment Arrangement [Policy Text Block]	Stock-Based Compensation On February 28, 2023, one 2007 The Company recognized $651,016, $1,073,115, and $511,835 related to equity-based compensation expense during the years ended February 28, 2023, 2022 2021, During FY 2023, 2022, no 2023 2022. five six 2023 2022 2021. February 28, 2023 The Company did not February 28, 2023, February 28, 2022 no February 29, 2021. February 28 29, 2023, 2022 2021, During FY 2023, third February 28, 2023, February 28, 2025. February 2025 During FY 2023 2022 March 2025. 1, 12 19
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Share Basic earnings per share is computed as net earnings divided by the weighted average number of common shares outstanding during each year. Diluted earnings per share reflects the potential dilution that could occur from common shares issuable through stock options and restricted stock units. Following the expiration of all outstanding options during FY 2017, no The weighted-average number of shares outstanding used in the computation of diluted earnings per share does not February 28, 2023, February 28, 2022, February 28, 2021,
Advertising Cost [Policy Text Block]	Advertising and Promotional Expenses The Company expenses advertising costs as incurred. Total advertising expenses for RMCF amounted to $577,984, $210,103, and $265,285 for the fiscal years ended February 28, 2023, 2022 2021,
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments The Company’s financial instruments consist of cash and cash equivalents, trade receivables, payables, notes payable and notes receivable. The fair value of all instruments approximates the carrying value, because of the relatively short maturity of these instruments. All of the Company’s financial instruments are classified as level 1 2 not 3
New Accounting Pronouncements, Policy [Policy Text Block]	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
Subsequent Events, Policy [Policy Text Block]	Subsequent Events Except as described below, management evaluated all activity of the Company through the issue date of the financial statements and concluded that no On May 1, 2023, 2023, three three February 24, 2023. May 1, 2023, See Note 20 8, On May 8, 2023 May 3, 2023 ( December 31, 2023, twenty-six November 2023, ( 18 not

Note 1 - Nature of Operations_2

Note 1 - Nature of Operations and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Number of Stores [Table Text Block]	Stores Open at 2/28/2022 Opened Closed Sold Stores Open at 2/28/2023 Sold, Not Yet Open Total Rocky Mountain Chocolate Factory Company-owned stores 2 - - (1 ) 1 - 1 Franchise stores - Domestic stores and kiosks 154 5 (7 ) 1 153 6 159 International license stores 5 - (1 ) - 4 1 5 Cold Stone Creamery - co-branded 97 7 (3 ) - 101 - 101 U-Swirl - co-branded 9 2 (1 ) - 10 - 10 Total 267 269 7 276

Note 2 - Supplemental Cash Fl_2

Note 2 - Supplemental Cash Flow Information (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	Cash paid (received) for: 2023 2022 2021 Interest $ 25,000 $ 5,202 $ 76,803 Income taxes (547,763 ) 240,890 (21,021 )

Note 3 - Revenue From Contrac_2

Note 3 - Revenue From Contracts With Customers (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Twelve Months Ended February 28: 2023 2022 Contract liabilities at the beginning of the year: $ 962,572 $ 958,177 Revenue recognized (204,657 ) (179,678 ) Contract fees received 185,500 206,000 Amortized gain on the financed sale of equipment - (21,927 ) Contract liabilities at the end of the year: $ 943,415 $ 962,572
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]	2024 $ 161,137 2025 146,194 2026 133,309 2027 119,878 2028 92,340 Thereafter 290,557 Total $ 943,415

Note 4 - Disaggregation of Re_2

Note 4 - Disaggregation of Revenue (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Disaggregation of Revenue [Table Text Block]	For the Year Ended February 28, 2023 Revenues recognized over time: Franchising Manufacturing Retail Total Franchise fees $ 204,657 $ - $ - $ 204,657 Revenues recognized at a point in time: Franchising Manufacturing Retail Total Factory sales - 23,372,133 - 23,372,133 Retail sales - - 1,084,777 1,084,777 Royalty and marketing fees 5,770,785 - - 5,770,785 Total $ 5,975,442 $ 23,372,133 $ 1,084,777 $ 30,432,352 For the Year Ended February 28, 2022 Revenues recognized over time: Franchising Manufacturing Retail Total Franchise fees $ 179,678 $ - $ - $ 179,678 Revenues recognized at a point in time: Franchising Manufacturing Retail Total Factory sales - 22,374,175 - 22,374,175 Retail sales - - 1,160,295 1,160,295 Royalty and marketing fees 5,774,400 - - 5,774,400 Total $ 5,954,078 $ 22,374,175 $ 1,160,295 $ 29,488,548 For the Year Ended February 28, 2021 Revenues recognized over time: Franchising Manufacturing Retail Total Franchise fees $ 178,042 $ - $ - $ 178,042 Revenues recognized at a point in time: Franchising Manufacturing Retail Total Factory sales - 17,321,001 - 17,321,001 Retail sales - - 896,793 896,793 Royalty and marketing fees 3,367,345 - - 3,367,345 Total $ 3,545,387 $ 17,321,001 $ 896,793 $ 21,763,181

Note 5 - Inventories (Tables)

Note 5 - Inventories (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Schedule of Inventory, Current [Table Text Block]	2023 2022 Ingredients and supplies $ 2,481,510 $ 2,753,068 Finished candy 1,567,887 2,168,084 Reserve for slow moving inventory (409,617 ) (623,269 ) Total inventories $ 3,639,780 $ 4,297,883

Note 6 - Property and Equipme_2

Note 6 - Property and Equipment, Net (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Property, Plant and Equipment [Table Text Block]	2023 2022 Land $ 513,618 $ 513,618 Building 5,151,886 5,148,854 Machinery and equipment 10,152,211 9,582,157 Furniture and fixtures 512,172 533,836 Leasehold improvements 134,010 169,683 Transportation equipment 476,376 479,701 16,940,273 16,427,849 Less accumulated depreciation (11,229,534 ) (10,976,661 ) Property and equipment, net $ 5,710,739 $ 5,451,188

Note 7 - Goodwill and Intangi_2

Note 7 - Goodwill and Intangible Assets (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	2023 2022 Amortization Period (in Years) Gross Carrying Value Accumulated Amortization Gross Carrying Value Accumulated Amortization Intangible assets subject to amortization Store design 10 $ 394,826 $ 259,314 $ 394,826 $ 240,409 Packaging licenses 3 - 5 120,830 120,830 120,830 120,830 Packaging design 10 430,973 430,973 430,973 430,973 Trademark/Non-competition agreements 5 - 20 259,339 128,924 259,339 118,924 Total 1,205,968 940,041 1,205,968 911,136 Goodwill and intangible assets not subject to amortization Franchising segment Company stores goodwill $ 360,972 $ 515,065 Franchising goodwill 97,318 97,318 Manufacturing segment-goodwill 97,318 97,318 Trademark 20,000 20,000 Total 575,608 729,701 Total Goodwill and Intangible Assets $ 1,781,576 $ 940,041 $ 1,935,669 $ 911,136
Schedule of Goodwill [Table Text Block]	Retail Segment Balance as of February 28, 2022 Goodwill $ 515,065 Impairment losses (84,183 ) Goodwill written off related to sales of Company-owned stores (69,910 ) Balance as of February 28, 2023 $ 360,972
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	2024 28,030 2025 27,405 2026 27,405 2027 27,405 2028 27,405 Thereafter 128,277 Total $ 265,927

Note 8 - Impairment of Long-l_2

Note 8 - Impairment of Long-lived and Intangible Assets (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Details of Impairment of Long-Lived Assets Held and Used by Asset [Table Text Block]	2023 2022 2021 Company store goodwill impairment $ 84,183 $ 0 $ 317,243 Trademark intangible asset impairment - - 159,000 Company-owned store impairment of long-lived assets - - 57,100 Total $ 84,183 $ 0 $ 533,343

Note 10 - Stock Compensation _2

Note 10 - Stock Compensation Plans (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award [Table Text Block]	Original share authorization: 300,000 Prior plan shares authorized and incorporated in the 2007 Plan: 85,340 Additional shares authorized through 2007 Plan amendments: 600,000 Available for award: 985,340 Cancelled/forfeited: 244,647 Shares awarded as unrestricted shares, stock options or restricted stock units: (1,066,781 ) Shares available for award: 163,206
Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]	Twelve Months Ended February 28: 2023 2022 2021 Outstanding non-vested restricted stock units at beginning of year: 105,978 209,450 265,555 Granted 129,092 26,058 - Vested (70,782 ) (127,130 ) (54,761 ) Cancelled/forfeited (10,157 ) (2,400 ) (1,344 ) Outstanding non-vested restricted stock units as of February 28: 154,131 105,978 209,450 Weighted average grant date fair value $ 5.23 $ 9.33 $ 9.40 Weighted average remaining vesting period (in years) 1.73 2.26 3.68 Twelve Months Ended February 28: 2023 2022 2021 Outstanding stock options at beginning of year: - - - Granted 36,144 - - Exercised - - - Cancelled/forfeited - - - Outstanding stock options as of February 28 or 29: 36,144 - - Weighted average exercise price 6.49 n/a n/a Weighted average remaining contractual term (in years) 9.26 n/a n/a

Note 11 - Leasing Arrangements

Note 11 - Leasing Arrangements (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Lease, Cost [Table Text Block]	2023 2022 2021 Minimum rentals $ 106,203 $ 136,125 $ 189,696 Less sublease rentals (39,186 ) (60,254 ) (113,515 ) Contingent rentals 30,600 22,800 10,800 $ 97,617 $ 98,671 $ 86,981 2023 2022 2021 351,738 270,767 340,731 2023 2022 2021 Cash paid for amounts included in the measurement of lease liabilities 572,079 563,264 530,137
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	FYE 24 $ 760,952 FYE 25 611,988 FYE 26 514,346 FYE 27 242,558 FYE 28 71,671 Thereafter 390,450 Total $ 2,591,965 Less: Imputed interest (205,442 ) Present value of lease liabilities: $ 2,386,523

Note 14 - Income Taxes (Tables)

Note 14 - Income Taxes (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	2023 2022 2021 Current Federal $ (116,792 ) $ 204,058 $ (294,368 ) State 8,472 46,704 44,643 Total Current (108,320 ) 250,762 (249,725 ) Deferred Federal 621,841 (231,430 ) (425,580 ) State 100,322 (36,144 ) (70,190 ) Total Deferred 722,163 (267,574 ) (495,770 ) Total $ 613,843 $ (16,812 ) $ (745,495 ) 2023 2022 2021 Continuing operations $ 613,843 $ (16,812 ) $ (745,495 ) Discontinued operations 618,308 52,194 (146,419 ) Total tax provision (benefit) $ 1,232,151 $ 35,382 $ (891,914 )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	2023 2022 2021 Statutory rate 21.0 % 21.0 % 21.0 % State income taxes, net of federal benefit 2.9 % 3.8 % 4.3 % Paycheck Protection Program debt forgiveness 0.0 % 0.0 % 28.7 % Work opportunity tax credits 0.0 % (1.2 )% 0.3 % Equity compensation tax expense (0.7 )% (8.2 )% (2.5 )% Compensation and benefits permanent differences (3.2 )% (1.9 )% 0.0 % Other 0.7 % 0.1 % 0.6 % Valuation allowance (33.3 )% 0.0 % 0.0 % Impact of CARES act 0.0 % (10.3 )% 12.1 % Effective tax rate (12.6 )% 3.3 % 64.5 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	2023 2022 Deferred Tax Assets Allowance for doubtful accounts and notes $ 182,031 $ 225,515 Inventories 100,725 153,262 Accrued compensation 158,652 429,076 Loss provisions and deferred income 340,652 379,069 Self-insurance accrual 24,098 27,049 Amortization - - Restructuring charges 98,693 98,693 Accumulated net losses 1,669,288 445,560 Valuation allowance (1,721,306 ) (98,693 ) Net deferred tax assets $ 852,833 $ 1,659,531 Deferred Tax Liabilities Depreciation and amortization (771,593 ) (860,318 ) Prepaid expenses (81,240 ) (77,050 ) Deferred Tax Liabilities (852,833 ) (937,368 ) Net deferred tax assets $ - $ 722,163
Summary of Valuation Allowance [Table Text Block]	2023 2022 Valuation allowance at beginning of period $ 98,693 $ 98,693 Tax expense realized by valuation allowance 1,622,613 - Valuation allowance at end of period $ 1,721,306 $ 98,693

Note 16 - Operating Segments (T

Note 16 - Operating Segments (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	FY 2023 Franchising Manufacturing Retail Other Total Total revenues $ 5,980,945 $ 24,628,317 $ 1,084,777 $ - $ 31,694,039 Intersegment revenues (5,503 ) (1,256,184 ) - - (1,261,687 ) Revenue from external customers 5,975,442 23,372,133 1,084,777 - 30,432,352 Segment profit (loss) 2,601,485 2,832,307 130,880 (10,439,185 ) (4,874,513 ) Total assets 1,245,331 9,792,491 442,977 10,506,028 21,986,827 Capital expenditures 17,129 899,219 5,413 78,254 1,000,015 Total depreciation & amortization $ 34,301 $ 652,405 $ 5,845 $ 72,712 $ 765,263 FY 2022 Franchising Manufacturing Retail Other Total Total revenues $ 5,959,624 $ 23,442,371 $ 1,160,295 $ - $ 30,562,290 Intersegment revenues (5,546 ) (1,068,196 ) - - (1,073,742 ) Revenue from external customers 5,954,078 22,374,175 1,160,295 - 29,488,548 Segment profit (loss) 2,862,263 3,863,460 75,962 (7,318,214 ) (516,529 ) Total assets 1,160,343 10,023,716 625,850 15,070,852 26,880,761 Capital expenditures 1,832 797,178 3,688 138,629 941,327 Total depreciation & amortization $ 36,625 $ 627,071 $ 5,635 $ 70,844 $ 740,175 FY 2021 Franchising Manufacturing Retail Other Total Total revenues $ 3,549,055 $ 18,316,165 $ 896,793 $ - $ 22,762,013 Intersegment revenues (3,668 ) (995,164 ) - - (998,832 ) Revenue from external customers 3,545,387 17,321,001 896,793 - 21,763,181 Segment profit (loss) 846,039 1,422,491 (309,799 ) (3,113,948 ) (1,155,217 ) Total assets 1,338,990 9,330,194 634,124 13,647,844 24,951,152 Capital expenditures 150 103,003 4,505 41,859 149,517 Total depreciation & amortization $ 42,579 $ 642,806 $ 14,150 $ 78,912 $ 778,447

Note 17 - Summarized Quarterl_2

Note 17 - Summarized Quarterly Data (Unaudited) (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Quarterly Financial Information [Table Text Block]	Fiscal Quarter 2023 First Second Third Fourth Total Total revenue $ 6,902,198 $ 6,557,356 $ 8,825,093 $ 8,147,705 $ 30,432,352 Gross margin 881,699 1,181,806 1,859,186 78,846 4,001,537 Net (loss) income from continuing operations (285,767 ) (3,152,491 ) (196,157 ) (1,853,941 ) (5,488,356 ) Net (loss) income from discontinued operations 170,826 (488,695) (15,822 ) 141,269 (192,422 ) Net (loss) income $ (114,941 ) $ (3,641,186 ) $ (211,979 ) $ (1,712,672 ) $ (5,680,778 ) Basic earnings (loss) per share Earnings (loss) from continuing operations $ (0.05 ) $ (0.51 ) $ (0.03 ) $ (0.29 ) $ (0.88 ) Earnings (loss) from discontinued operations 0.03 (.08 ) - 0.02 (.03 ) Net Earnings $ (0.02 ) $ (0.59 ) $ (0.03 ) $ (0.27 ) $ (0.91 ) Diluted earnings (loss) per share Earnings (loss) from continuing operations $ (0.05 ) $ (0.51 ) $ (0.03 ) $ (0.29 ) $ (0.88 ) Earnings (loss) from discontinued operations 0.03 (.08 ) - 0.02 (.03 ) Net Earnings $ (0.02 ) $ (0.59 ) $ (0.03 ) $ (0.27 ) $ (0.91 ) Fiscal Quarter 2022 First Second Third Fourth Total Total revenue $ 6,757,428 $ 7,033,474 $ 7,902,033 $ 7,795,613 $ 29,488,548 Gross margin 925,141 1,519,680 1,580,543 898,367 4,923,731 Net (loss) income from continuing operations 447,820 84,272 (1,413,010 ) 381,201 (499,717 ) Net (loss) income from discontinued operations 131,985 112661 (64,636 ) (21,990 ) 158,020 Net (loss) income $ 579,805 $ 196,933 $ (1,477,646 ) $ 359,211 $ (341,697 ) Basic earnings (loss) per share Earnings (loss) from continuing operations $ 0.07 $ 0.01 $ (0.23 ) $ 0.06 $ (0.08 ) Earnings (loss) from discontinued operations 0.02 0.02 (0.01 ) - 0.02 Net Earnings $ 0.09 $ 0.03 $ (0.24 ) $ 0.06 $ (0.06 ) Diluted earnings (loss) per share Earnings (loss) from continuing operations $ 0.07 $ 0.01 $ (0.23 ) $ 0.06 $ (0.08 ) Earnings (loss) from discontinued operations 0.02 0.02 (0.01 ) - 0.02 Net Earnings $ 0.09 $ 0.03 $ (0.24 ) $ 0.06 $ (0.06 )

Note 18 - Costs Associated Wi_2

Note 18 - Costs Associated With Company-owned Store Closures (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Restructuring and Related Costs [Table Text Block]	2023 2022 2021 Loss on distribution of assets $ - $ - $ 57,100 Total $ - $ - $ 57,100

Note 19 - Contested Solicitat_2

Note 19 - Contested Solicitation Of Proxies and Change In Control Payments (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Schedule of Deferred Compensation Arrangement with Individual [Table Text Block]	2023 2022 Severance compensation: $ 928,938 $ 1,344,813 Accelerated restricted stock unit compensation expense: 95,156 525,000 Consulting Services: 56,250 - Total $ 1,080,344 $ 1,869,813

Note 20 - Discontinued Operat_2

Note 20 - Discontinued Operations (Tables)	12 Months Ended
	Feb. 28, 2023
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	FOR THE YEARS ENDED FEBRUARY 28, 2023 2022 2021 Total Revenue $ 3,128,368 $ 2,854,031 $ 1,717,524 Cost of sales 654,353 556,933 320,068 Operating Expenses 2,048,129 2,087,021 2,142,310 Other income (expense), net - (137 ) (108,380 ) Earnings (loss) from discontinued operations before income taxes 425,886 210,214 (636,474 ) Income tax provision (benefit) 618,308 52,194 (146,419 ) Earnings (loss) from discontinued operations, net of tax $ (192,422 ) $ 158,020 $ (490,055 ) AS OF FEBRUARY 28, 2023 2022 Accounts and notes receivable, net $ 75,914 $ 62,078 Inventory, net 6,067 56,319 Other 1,023 8,467 Current assets held for sale 83,004 126,864 Property and equipment, net - 48,702 Franchise rights, net 1,708,336 2,078,066 Intangible assets, net 48,095 58,853 Deferred income taxes - 666,108 Other 9,415 34,061 Long-term assets held for sale 1,765,846 2,885,790 Total Assets Held for Sale 1,848,850 3,012,654 Accounts payable 125,802 83,909 Accrued compensation 11,205 49,312 Accrued liabilities 11,981 15,388 Contract liabilities 29,951 24,634 Current liabilities held for sale 178,939 173,243 Contract liabilities, less current portion 184,142 159,602 Long term liabilities held for sale 184,142 159,602 Total Liabilities Held for Sale $ 363,081 $ 332,845

Note 1 - Nature of Operations_3

Note 1 - Nature of Operations and Summary of Significant Accounting Policies (Details Textual) - USD ($)			12 Months Ended
	May 08, 2023	May 01, 2023	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021	Mar. 28, 2022
Cash, Uninsured Amount			$ 4.2
Financing Receivable, before Allowance for Credit Loss			191,725	$ 120,967
Financing Receivable, Allowance for Credit Loss			73,951	112,287
Accounts Receivable, after Allowance for Credit Loss, Current			2,055,694	1,905,836	$ 1,952,147
Gift Card, Liability, Current			592,932	574,883
Gift Card Liability, Breakage			59,754	89,525
Share-Based Payment Arrangement, Expense			$ 651,016	$ 1,073,115	$ 511,835
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)			36,144	0	0
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)			$ 6.49
Share-Based Compensation Arrangement by Share-Based Payment Award, Accelerated Vesting, Number (in shares)			12,499	66,667
Share-Based Payment Arrangement, Accelerated Cost			$ 95,156	$ 525,000
Subsequent Event [Member]
Consulting Services Cost	$ 22,000
Payment for Other Postretirement Benefits	$ 12,500
USwirl Inc [Member] | Subsequent Event [Member]
Disposal Group, Including Discontinued Operation, Consideration		$ 2,750,000
Proceeds from Sales of Business, Affiliate and Productive Assets		1,750,000
Notes Receivable, Fair Value Disclosure		$ 1,000,000
Rocky Mountain Chocolate Factory [Member]
Advertising Expense			$ 577,984	$ 210,103	$ 265,285
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)			960,677	960,677	960,677
Unvested Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)			137,294	147,422	217,103
Chief Executive Officer [Member]
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, Aggregate Grant Date Fair Value			$ 77,267
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			$ 651,016	$ 1,026,505
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)			129,092	26,058	0
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total					$ 511,835
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)			$ 5.23	$ 9.33	$ 9.40
Restricted Stock Units (RSUs) [Member] | Subsequent Event [Member]
Stock Issued During Period, Shares, New Issues (in shares)	8,332
Restricted Stock Units (RSUs) [Member] | Annual Vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage, Per Quarter				5%
Performance Shares [Member] | Chief Executive Officer [Member]
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, 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, Weighted Average Grant Date Fair Value (in dollars per share)			$ 6.29
Share-Based Compensation Arrangement by Share-Based Payment Award, Performance Shares, Targert Number, Percentage			12.50%
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			1%
Share-Based Payment Arrangement, Nonemployee [Member]
Share-Based Payment Arrangement, Expense			$ 0	$ 46,610	$ 0
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture (in shares)			0	9,000
Share-Based Payment Arrangement, Nonemployee [Member] | Restricted Stock Units (RSUs) [Member]
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture (in shares)			34,200
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Aggregate Grant Date Fair Value			$ 194,940
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)				26,058
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Grant Date Fair Value, Amount				$ 221,496
Share-Based Payment Arrangement, Employee [Member] | Restricted Stock Units (RSUs) [Member]
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount			$ 628,966
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)			1 year 8 months 12 days
Minimum [Member]
Financing Receivable Interest Rate			4.50%
Property, Plant and Equipment, Useful Life (Year)						5 years
Finite-Lived Intangible Asset, Useful Life (Year)			3 years
Franchise Fee Rate				1%
Minimum [Member] | Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)				5 years
Minimum [Member] | Restricted Stock [Member] | Annual Vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage, Per Quarter			17%
Minimum [Member] | Performance Shares [Member] | Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Performance Shares, Targert Number, Percentage			0%
Minimum [Member] | Franchise Rights [Member]
Finite-Lived Intangible Asset, Useful Life (Year)			10 years
Maximum [Member]
Financing Receivable Interest Rate			7%
Property, Plant and Equipment, Useful Life (Year)						39 years
Finite-Lived Intangible Asset, Useful Life (Year)			20 years
Franchise Fee Rate				10%
Maximum [Member] | Subsequent Event [Member]
Legal Fees	$ 7,500
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] | Annual Vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage, Per Quarter				20%
Maximum [Member] | Performance Shares [Member] | Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)			94,892
Share-Based Compensation Arrangement by Share-Based Payment Award, Performance Shares, Targert Number, Percentage			200%
Edible [Member]
Revenue from Contract with Customer, Including Assessed Tax			$ 557,000	$ 1,700,000	$ 3,500,000
Percentage of Revenue			1.80%	5.80%	16.10%

Note 1 - Nature of Operations_4

Note 1 - Nature of Operations and Basis of Presentation - Number of Stores (Details)	Feb. 28, 2023
Number of stores	276
Number of stores	(276)
Stores Opened at 2/28/2022 [Member]
Number of stores	267
Number of stores	(267)
Open [Member]
Number of stores
Number of stores
Closed [Member]
Number of stores
Number of stores
Sold [Member]
Number of stores
Number of stores
Stores Opened at 2/28/23 [Member]
Number of stores	269
Number of stores	(269)
Sold Not Yet Open [Member]
Number of stores	7
Number of stores	(7)
Company Owned Stores [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	1
Number of stores	(1)
Company Owned Stores [Member] | Stores Opened at 2/28/2022 [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	2
Number of stores	(2)
Company Owned Stores [Member] | Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	0
Number of stores	0
Company Owned Stores [Member] | Closed [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	0
Number of stores	0
Company Owned Stores [Member] | Sold [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	1
Number of stores	(1)
Company Owned Stores [Member] | Stores Opened at 2/28/23 [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	1
Number of stores	(1)
Company Owned Stores [Member] | Sold Not Yet Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	0
Number of stores	0
Franchise Stores - Domestic Stores and Kiosks [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	159
Number of stores	(159)
Franchise Stores - Domestic Stores and Kiosks [Member] | Stores Opened at 2/28/2022 [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	154
Number of stores	(154)
Franchise Stores - Domestic Stores and Kiosks [Member] | Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	5
Number of stores	(5)
Franchise Stores - Domestic Stores and Kiosks [Member] | Closed [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	7
Number of stores	(7)
Franchise Stores - Domestic Stores and Kiosks [Member] | Sold [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	1
Number of stores	(1)
Franchise Stores - Domestic Stores and Kiosks [Member] | Stores Opened at 2/28/23 [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	153
Number of stores	(153)
Franchise Stores - Domestic Stores and Kiosks [Member] | Sold Not Yet Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	6
Number of stores	(6)
International License Stores [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	5
Number of stores	(5)
International License Stores [Member] | Stores Opened at 2/28/2022 [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	5
Number of stores	(5)
International License Stores [Member] | Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	0
Number of stores	0
International License Stores [Member] | Closed [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	1
Number of stores	(1)
International License Stores [Member] | Sold [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	0
Number of stores	0
International License Stores [Member] | Stores Opened at 2/28/23 [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	4
Number of stores	(4)
International License Stores [Member] | Sold Not Yet Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	1
Number of stores	(1)
Cold Stone Creamery - Co-Branded [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	101
Number of stores	(101)
Cold Stone Creamery - Co-Branded [Member] | Stores Opened at 2/28/2022 [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	97
Number of stores	(97)
Cold Stone Creamery - Co-Branded [Member] | Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	7
Number of stores	(7)
Cold Stone Creamery - Co-Branded [Member] | Closed [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	3
Number of stores	(3)
Cold Stone Creamery - Co-Branded [Member] | Sold [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	0
Number of stores	0
Cold Stone Creamery - Co-Branded [Member] | Stores Opened at 2/28/23 [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	101
Number of stores	(101)
Cold Stone Creamery - Co-Branded [Member] | Sold Not Yet Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	0
Number of stores	0
USwirl Inc [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	10
Number of stores	(10)
USwirl Inc [Member] | Stores Opened at 2/28/2022 [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	9
Number of stores	(9)
USwirl Inc [Member] | Open [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	2
Number of stores	(2)
USwirl Inc [Member] | Closed [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	1
Number of stores	(1)
USwirl Inc [Member] | Sold [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	0
Number of stores	0
USwirl Inc [Member] | Stores Opened at 2/28/23 [Member] | Rocky Mountain Chocolate Factory [Member]
Number of stores	10
Number of stores	(10)
USwirl Inc [Member] | Sold Not Yet Open [Member] | Rocky Mountain Chocolate Factory [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 ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Interest	$ 25,000	$ 5,202	$ 76,803
Income taxes	$ (547,763)	$ 240,890	$ (21,021)

Note 3 - Revenue From Contrac_3

Note 3 - Revenue From Contracts With Customers (Details Textual)	12 Months Ended
	Feb. 28, 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 ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022
Contract liabilities at the beginning of the year:	$ 962,572	$ 958,177
Revenue recognized	(204,657)	(179,678)
Contract fees received	185,500	206,000
Amortized gain on the financed sale of equipment	0	(21,927)
Contract liabilities at the end of the year:	$ 943,415	$ 962,572

Note 3 - Revenue From Contrac_5

Note 3 - Revenue From Contracts With Customers - Remaining Performance Obligation (Details)	Feb. 28, 2023 USD ($)
Revenue, remaining performance obligation, amount	$ 943,415

Note 3 - Revenue From Contrac_6

Note 3 - Revenue From Contracts With Customers - Remaining Performance Obligation 2 (Details)	Feb. 28, 2023 USD ($)
Revenue, remaining performance obligation, amount	$ 943,415
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	$ 161,137
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	$ 146,194
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	$ 133,309
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	$ 119,878
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	$ 92,340
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2029-03-01
Revenue, remaining performance obligation, period (Year)	1 year
Revenue, remaining performance obligation, amount	$ 290,557

Note 4 - Disaggregation of Re_3

Note 4 - Disaggregation of Revenue - Disaggregation of Revenue (Details) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Revenues	$ 30,432,352	$ 29,488,548	$ 21,763,181
Franchising [Member]
Revenues	5,975,442	5,954,078	3,545,387
Franchising [Member] | Transferred at Point in Time [Member]
Revenues	5,975,442	5,954,078	3,545,387
Franchising [Member] | Factory Sales [Member] | Transferred at Point in Time [Member]
Revenues	0	0	0
Franchising [Member] | Retail [Member] | Transferred at Point in Time [Member]
Revenues	0	0	0
Franchising [Member] | Franchise Fees [Member] | Transferred over Time [Member]
Revenues	204,657	179,678	178,042
Franchising [Member] | Royalty and Marketing Fees [Member] | Transferred at Point in Time [Member]
Revenues	5,770,785	5,774,400	3,367,345
Manufacturing [Member]
Revenues	23,372,133	22,374,175	17,321,001
Manufacturing [Member] | Transferred at Point in Time [Member]
Revenues	23,372,133	22,374,175	17,321,001
Manufacturing [Member] | Factory Sales [Member] | Transferred at Point in Time [Member]
Revenues	23,372,133	22,374,175	17,321,001
Manufacturing [Member] | Retail [Member] | Transferred at Point in Time [Member]
Revenues	0	0	0
Manufacturing [Member] | Franchise Fees [Member] | Transferred over Time [Member]
Revenues	0	0	0
Manufacturing [Member] | Royalty and Marketing Fees [Member] | Transferred at Point in Time [Member]
Revenues	0	0	0
Retail Segment [Member]
Revenues	1,084,777	1,160,295	896,793
Retail Segment [Member] | Transferred at Point in Time [Member]
Revenues	1,084,777	1,160,295	896,793
Retail Segment [Member] | Factory Sales [Member] | Transferred at Point in Time [Member]
Revenues	0	0	0
Retail Segment [Member] | Retail [Member] | Transferred at Point in Time [Member]
Revenues	1,084,777	1,160,295	896,793
Retail Segment [Member] | Franchise Fees [Member] | Transferred over Time [Member]
Revenues	0	0	0
Retail Segment [Member] | Royalty and Marketing Fees [Member] | Transferred at Point in Time [Member]
Revenues	0	0	0
USwirl Inc [Member] | Transferred at Point in Time [Member]
Revenues	30,432,352	29,488,548	21,763,181
USwirl Inc [Member] | Factory Sales [Member] | Transferred at Point in Time [Member]
Revenues	23,372,133	22,374,175	17,321,001
USwirl Inc [Member] | Retail [Member] | Transferred at Point in Time [Member]
Revenues	1,084,777	1,160,295	896,793
USwirl Inc [Member] | Franchise Fees [Member] | Transferred over Time [Member]
Revenues	204,657	179,678	178,042
USwirl Inc [Member] | Royalty and Marketing Fees [Member] | Transferred at Point in Time [Member]
Revenues	$ 5,770,785	$ 5,774,400	$ 3,367,345

Note 5 - Inventories - Inventor

Note 5 - Inventories - Inventories (Details) - USD ($)	Feb. 28, 2023	Feb. 28, 2022
Ingredients and supplies	$ 2,481,510	$ 2,753,068
Finished candy	1,567,887	2,168,084
Reserve for slow moving inventory	(409,617)	(623,269)
Total inventories	$ 3,639,780	$ 4,297,883

Note 6 - Property and Equipme_3

Note 6 - Property and Equipment, Net (Details Textual) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Depreciation	$ 736,358	$ 710,804	$ 751,396

Note 6 - Property and Equipme_4

Note 6 - Property and Equipment, Net - Property and Equipment (Details) - USD ($)	Feb. 28, 2023	Feb. 28, 2022
Property, plant and equipment, gross	$ 16,940,273	$ 16,427,849
Less accumulated depreciation	(11,229,534)	(10,976,661)
Property and equipment, net	5,710,739	5,451,188
Land [Member]
Property, plant and equipment, gross	513,618	513,618
Building [Member]
Property, plant and equipment, gross	5,151,886	5,148,854
Machinery and Equipment [Member]
Property, plant and equipment, gross	10,152,211	9,582,157
Furniture and Fixtures [Member]
Property, plant and equipment, gross	512,172	533,836
Leasehold Improvements [Member]
Property, plant and equipment, gross	134,010	169,683
Transportation Equipment [Member]
Property, plant and equipment, gross	$ 476,376	$ 479,701

Note 7 - Goodwill and Intangi_3

Note 7 - Goodwill and Intangible Assets - Indefinite-lived Intangible Assets (Details) - USD ($)	Feb. 28, 2023	Feb. 28, 2022
Intangible assets subject to amortization, gross carrying value	$ 1,205,968	$ 1,205,968
Intangible assets subject to amortization, accumulated amortization	940,041	911,136
Intangible assets not subject to amortization, gross carrying value	575,608	729,701
Total Goodwill and Intangible Assets	1,781,576	1,935,669
Total Goodwill and Intangible Assets	940,041	911,136
Company Stores Goodwill [Member]
Intangible assets not subject to amortization, gross carrying value	360,972	515,065
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
Minimum [Member]
Amortization Period (Year)	3 years
Maximum [Member]
Amortization Period (Year)	20 years
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	259,314	240,409
Packaging Licenses [Member]
Intangible assets subject to amortization, gross carrying value	120,830	120,830
Intangible assets subject to amortization, accumulated amortization	$ 120,830	120,830
Packaging Licenses [Member] | Minimum [Member]
Amortization Period (Year)	3 years
Packaging Licenses [Member] | Maximum [Member]
Amortization Period (Year)	5 years
Packaging Design [Member]
Amortization Period (Year)	10 years
Intangible assets subject to amortization, gross carrying value	$ 430,973	430,973
Intangible assets subject to amortization, accumulated amortization	430,973	430,973
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	$ 128,924	$ 118,924
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_4

Note 7 - Goodwill and Intangible Assets - Changes to Goodwill (Details) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Goodwill	$ 729,701
Impairment losses	(84,183)	$ 0	$ (317,243)
Goodwill	575,608	729,701
Company Stores Goodwill [Member]
Goodwill	515,065
Impairment losses	(84,183)
Goodwill written off related to sales of Company-owned stores	(69,910)
Goodwill	$ 360,972	$ 515,065

Note 7 - Goodwill and Intangi_5

Note 7 - Goodwill and Intangible Assets - Estimated Future Amortization Expense (Details)	Feb. 28, 2023 USD ($)
2024	$ 28,030
2025	27,405
2026	27,405
2027	27,405
2028	27,405
Thereafter	128,277
Total	$ 265,927

Note 8 - Impairment of Long-l_3

Note 8 - Impairment of Long-lived and Intangible Assets (Details Textual) - USD ($)	3 Months Ended	12 Months Ended
	May 31, 2020	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Asset Impairment Charges		$ 84,183	$ 0	$ 533,343
General and Administrative Expense [Member] | COVID-19 Pandemic [Member]
Asset Impairment Charges	$ 533,000	$ 84,000

Note 8 - Impairment of Long-l_4

Note 8 - Impairment of Long-lived and Intangible Assets - Costs Associated with Impairment of Long-lived and Intangible Assets (Details) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Company store goodwill impairment	$ 84,183	$ 0	$ 317,243
Trademark intangible asset impairment	0	0	159,000
Company-owned store impairment of long-lived assets	0	0	57,100
Total	$ 84,183	$ 0	$ 533,343

Note 9 - Notes Payable and Re_2

Note 9 - Notes Payable and Revolving Credit Line (Details Textual) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Proceeds from Notes Payable	$ 0	$ 0	$ 1,429,500
Line of Credit [Member] | Wells Fargo Bank [Member]
Proceeds from Notes Payable	1,400,000
Forgiveness of Indebtedness	1,400,000
Long-term Line of Credit, Total	5,000,000
Line of Credit Facility, Remaining Borrowing Capacity	$ 5,000,000
Line of Credit [Member] | Wells Fargo Bank [Member] | 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	6.92%

Note 10 - Stock Compensation _3

Note 10 - Stock Compensation Plans - Summarizes Stock Awards (Details)	12 Months Ended
	Feb. 28, 2023 shares
Additional shares authorized through 2007 Plan amendments: (in shares)	600,000
2007 Equity Incentive Plan [Member
Original share authorization: (in shares)	300,000
Prior plan shares authorized and incorporated in the 2007 Plan: (in shares)	85,340
Available for award: (in shares)	985,340
Cancelled/forfeited: (in shares)	244,647
Shares awarded as unrestricted shares, stock options or restricted stock units: (in shares)	(1,066,781)
Shares available for award: (in shares)	163,206

Note 10 - Stock Compensation _4

Note 10 - Stock Compensation Plans - Restricted Stock Unit Awards Outstanding Under the Plans (Details) - $ / shares	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Outstanding non-vested restricted stock units at beginning of year: (in shares)	0	0	0
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	36,144	0	0
Vested (in shares)	0	0	0
Cancelled/forfeited (in shares)	0	0	0
Outstanding non-vested restricted stock units as of February 28: (in shares)	36,144	0	0
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)	$ 6.49
Exercised (in shares)	0	0	0
Weighted average remaining contractual term (in years) (in shares)	9.26
Restricted Stock Units (RSUs) [Member]
Outstanding non-vested restricted stock units at beginning of year: (in shares)	105,978	209,450	265,555
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	129,092	26,058	0
Vested (in shares)	(70,782)	(127,130)	(54,761)
Cancelled/forfeited (in shares)	(10,157)	(2,400)	(1,344)
Outstanding non-vested restricted stock units as of February 28: (in shares)	154,131	105,978	209,450
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)	$ 5.23	$ 9.33	$ 9.40
Weighted average remaining vesting period (Year)	1 year 8 months 23 days	2 years 3 months 3 days	3 years 8 months 4 days
Exercised (in shares)	70,782	127,130	54,761

Note 11 - Leasing Arrangement_2

Note 11 - Leasing Arrangements (Details Textual) - USD ($)	Feb. 28, 2023	Nov. 30, 2022	Feb. 28, 2022	Feb. 28, 2021	Mar. 01, 2019
Operating Lease, Liability	$ 2,386,523
Operating Lease, Weighted Average Discount Rate, Percent	3.40%		3.10%	3.40%
Lessee, Operating Lease, Liability, to be Paid	$ 2,591,965
Operating Lease, Weighted Average Remaining Lease Term (Year)	5 years 6 months		6 years 8 months 12 days	6 years 10 months 24 days
Leases for Equipment [Member]
Lessee, Operating Lease, Liability, to be Paid	$ 2.6
Warehouse Space [Member]
Lessee, Operating Lease, Liability, to be Paid	$ 1,472,667		$ 588,475	$ 0
Accounting Standards Update 2016-02 [Member]
Operating Lease, Liability					$ 3.3
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 - Lease Expense (Details) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Retail operating lease expense	$ 351,738	$ 270,767	$ 340,731
Cash paid for amounts included in the measurement of lease liabilities	572,079	563,264	530,137
Retail Leases [Member]
Minimum rentals	106,203	136,125	189,696
Less sublease rentals	(39,186)	(60,254)	(113,515)
Contingent rentals	30,600	22,800	10,800
Retail operating lease expense	$ 97,617	$ 98,671	$ 86,981

Note 11 - Leasing Arrangement_4

Note 11 - Leasing Arrangements - Maturities of Lease Liabilities for Operating Leases (Details)	Feb. 28, 2023 USD ($)
FYE 24	$ 760,952
FYE 25	611,988
FYE 26	514,346
FYE 27	242,558
FYE 28	71,671
Thereafter	390,450
Total	2,591,965
Less: Imputed interest	(205,442)
Operating Lease, Liability	$ 2,386,523

Note 12 - Commitments and Con_2

Note 12 - Commitments and Contingencies (Details Textual) - USD ($)		9 Months Ended	12 Months Ended
	Sep. 30, 2022	Nov. 30, 2022	Feb. 28, 2023	Feb. 28, 2022
Executive Salary, Bonus		$ 18,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Accelerated Vesting, Number (in shares)			12,499	66,667
Contractual Obligation			$ 384,000
Minimum [Member]
Purchase Contracts, Term (Month)		6 months
Maximum [Member]
Purchase Contracts, Term (Month)		18 months
Former Senior Vice President, Sales and Marketing [Member]
Payments for Postemployment Benefits	$ 70,000
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount	$ 56,250
Restricted Stock Units (RSUs) [Member] | Former Senior Vice President, Sales and Marketing [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Accelerated Vesting, Number (in shares)	12,499

Note 13 - Stockholders' Equity

Note 13 - Stockholders' Equity (Details Textual) - USD ($)			12 Months Ended
	Oct. 02, 2021	Dec. 20, 2019	Feb. 28, 2023	Feb. 28, 2022
Preferred Stock, Redemption Price Per Share (in dollars per share)	$ 0.01
Payments for Repurchase of Redeemable Preferred Stock	$ 61,276
Share-Based Payment Arrangement, Nonemployee [Member]
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture (in shares)			0	9,000
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 14 - Income Taxes (Details

Note 14 - Income Taxes (Details Textual) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Deferred Tax Assets, Operating Loss Carryforwards	$ 1,600,000
Operating Loss Carryforwards		$ 317,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21%	21%	21%
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability		$ 148,000
Gain (Loss) on Extinguishment of Debt	$ 0	0	$ 1,440,267
Deferred Tax Assets, Gross	1,600,000
Deferred Tax Assets, Operating Loss Carryforwards, Domestic	$ 1,669,288	445,560
U-Swirl Segment [Member]
Operating Loss Carryforwards		1,811,000
Deferred Tax Assets, Operating Loss Carryforwards, Domestic		$ 445,000

Note 14 - Income Taxes - Income

Note 14 - Income Taxes - Income Tax Expense (Details) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Federal	$ (116,792)	$ 204,058	$ (294,368)
State	8,472	46,704	44,643
Total Current	(108,320)	250,762	(249,725)
Federal	621,841	(231,430)	(425,580)
State	100,322	(36,144)	(70,190)
Total Deferred	722,163	(267,574)	(495,770)
Total	613,843	(16,812)	(745,495)
Income Tax Provision	613,843	(16,812)	(745,495)
Discontinued operations	618,308	52,194	(146,419)
Total tax provision (benefit)	$ 1,232,151	$ 35,382	$ (891,914)

Note 14 - Income Taxes - Reconc

Note 14 - Income Taxes - Reconciliation of the Statutory Federal Income Tax Rate and the Effective Rate (Details)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Statutory rate	21%	21%	21%
State income taxes, net of federal benefit	2.90%	3.80%	4.30%
Paycheck Protection Program debt forgiveness	0%	0%	28.70%
Work opportunity tax credits	(0.00%)	1.20%	(0.30%)
Equity compensation tax expense	(0.70%)	(8.20%)	(2.50%)
Compensation and benefits permanent differences	(3.20%)	(1.90%)	0%
Other	0.70%	0.10%	0.60%
Valuation allowance	(33.30%)	0%	0%
Impact of CARES act	0%	(10.30%)	12.10%
Effective tax rate	(12.60%)	3.30%	64.50%

Note 14 - Income Taxes - Compon

Note 14 - Income Taxes - Components of Deferred Income Taxes (Details) - USD ($)	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Allowance for doubtful accounts and notes	$ 182,031	$ 225,515
Inventories	100,725	153,262
Accrued compensation	158,652	429,076
Loss provisions and deferred income	340,652	379,069
Self-insurance accrual	24,098	27,049
Amortization	0	0
Restructuring charges	98,693	98,693
Accumulated net losses	1,669,288	445,560
Valuation allowance	(1,721,306)	(98,693)	$ (98,693)
Net deferred tax assets	852,833	1,659,531
Depreciation and amortization	(771,593)	(860,318)
Prepaid expenses	(81,240)	(77,050)
Deferred Tax Liabilities	(852,833)	(937,368)
Net deferred tax assets	$ 0	$ 722,163

Note 14 - Income Taxes - Summar

Note 14 - Income Taxes - Summary of Deferred Income Tax Valuation Allowances (Details) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022
Valuation allowance at beginning of period	$ 98,693	$ 98,693
Tax expense realized by valuation allowance	1,622,613	0
Valuation allowance at end of period	$ 1,721,306	$ 98,693

Note 15 - Employee Benefit Pl_2

Note 15 - Employee Benefit Plan (Details Textual) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Defined Contribution Plan Employers Matching Contribution Vesting Period (Year)		3 years
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay		25%
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent		1.50%
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 68,000	$ 67,000	$ 62,000

Note 16 - Operating Segments (D

Note 16 - Operating Segments (Details Textual)	12 Months Ended
	Feb. 28, 2023
Number of Reportable Segments	4

Note 16 - Operating Segments -

Note 16 - Operating Segments - Segment Information (Details) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Revenues	$ 30,432,352	$ 29,488,548	$ 21,763,181
Segment profit (loss)	(4,874,513)	(516,529)	(1,155,217)
Total assets	21,986,827	26,880,761
Capital expenditures	1,000,015	941,327	149,517
Total depreciation and amortization	765,263	740,175	778,447
Franchising [Member]
Revenues	5,975,442	5,954,078	3,545,387
Segment profit (loss)	2,601,485	2,862,263	846,039
Total assets	1,245,331	1,160,343	1,338,990
Capital expenditures	17,129	1,832	150
Total depreciation and amortization	34,301	36,625	42,579
Manufacturing [Member]
Revenues	23,372,133	22,374,175	17,321,001
Segment profit (loss)	2,832,307	3,863,460	1,422,491
Total assets	9,792,491	10,023,716	9,330,194
Capital expenditures	899,219	797,178	103,003
Total depreciation and amortization	652,405	627,071	642,806
Retail Segment [Member]
Revenues	1,084,777	1,160,295	896,793
Segment profit (loss)	130,880	75,962	(309,799)
Total assets	442,977	625,850	634,124
Capital expenditures	5,413	3,688	4,505
Total depreciation and amortization	5,845	5,635	14,150
U-Swirl Segment [Member]
Revenues	0	0	0
Segment profit (loss)	(10,439,185)	(7,318,214)	(3,113,948)
Total assets	10,506,028	15,070,852	13,647,844
Capital expenditures	78,254	138,629	41,859
Total depreciation and amortization	72,712	70,844	78,912
Other Segments [Member]
Revenues	30,432,352	29,488,548	21,763,181
Segment profit (loss)	(4,874,513)	(516,529)	(1,155,217)
Total assets	21,986,827	26,880,761	24,951,152
Capital expenditures	1,000,015	941,327	149,517
Total depreciation and amortization	765,263	740,175	778,447
Operating Segments [Member] | Franchising [Member]
Revenues	5,980,945	5,959,624	3,549,055
Operating Segments [Member] | Manufacturing [Member]
Revenues	24,628,317	23,442,371	18,316,165
Operating Segments [Member] | Retail Segment [Member]
Revenues	1,084,777	1,160,295	896,793
Operating Segments [Member] | U-Swirl Segment [Member]
Revenues	0	0	0
Operating Segments [Member] | Other Segments [Member]
Revenues	31,694,039	30,562,290	22,762,013
Intersegment Eliminations [Member] | Franchising [Member]
Revenues	(5,503)	(5,546)	(3,668)
Intersegment Eliminations [Member] | Manufacturing [Member]
Revenues	(1,256,184)	(1,068,196)	(995,164)
Intersegment Eliminations [Member] | Retail Segment [Member]
Revenues	0	0	0
Intersegment Eliminations [Member] | U-Swirl Segment [Member]
Revenues	0	0	0
Intersegment Eliminations [Member] | Other Segments [Member]
Revenues	$ (1,261,687)	$ (1,073,742)	$ (998,832)

Note 17 - Summarized Quarterl_3

Note 17 - Summarized Quarterly Data (Unaudited) - Quarterly Results of Operations (Details) - USD ($)	3 Months Ended								12 Months Ended
	Feb. 28, 2023	Nov. 30, 2022	Aug. 31, 2022	May 31, 2022	Feb. 28, 2022	Nov. 30, 2021	Aug. 31, 2021	May 31, 2021	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Total revenue	$ 8,147,705	$ 8,825,093	$ 6,557,356	$ 6,902,198	$ 7,795,613	$ 7,902,033	$ 7,033,474	$ 6,757,428	$ 30,432,352	$ 29,488,548
Gross margin	78,846	1,859,186	1,181,806	881,699	898,367	1,580,543	1,519,680	925,141	4,001,537	4,923,731
Net (Loss) Income from continuing operations	(1,853,941)	(196,157)	(3,152,491)	(285,767)	381,201	(1,413,010)	84,272	447,820	(5,488,356)	(499,717)	$ (409,722)
Net (loss) income from discontinued operations	141,269	(15,822)	(488,695)	170,826	(21,990)	(64,636)	112,661	131,985	(192,422)	158,020	(490,055)
Net (loss) income	$ (1,712,672)	$ (211,979)	$ (3,641,186)	$ (114,941)	$ 359,211	$ (1,477,646)	$ 196,933	$ 579,805	$ (5,680,778)	$ (341,697)	$ (899,777)
Basic Loss per Common Share
Earnings (loss) from continuing operations (in dollars per share)	$ (0.29)	$ (0.03)	$ (0.51)	$ (0.05)	$ 0.06	$ (0.23)	$ 0.01	$ 0.07	$ (0.88)	$ (0.08)	$ (0.07)
Earnings (loss) from discontinued operations (in dollars per share)	0.02	0	(0.08)	0.03	0	(0.01)	0.02	0.02	(0.03)	0.02
Net Earnings (in dollars per share)	(0.27)	(0.03)	(0.59)	(0.02)	0.06	(0.24)	0.03	0.09	(0.91)	(0.06)	(0.15)
Diluted Loss per Common Share
Loss from continuing operations (in dollars per share)	(0.29)	(0.03)	(0.51)	(0.05)	0.06	(0.23)	0.01	0.07	(0.88)	(0.08)	(0.07)
Earnings (loss) from discontinued operations (in dollars per share)	0.02	0	(0.08)	0.03	0	(0.01)	0.02	0.02	(0.03)	0.02	(0.08)
Net Earnings (in dollars per share)	$ (0.27)	$ (0.03)	$ (0.59)	$ (0.02)	$ 0.06	$ (0.24)	$ 0.03	$ 0.09	$ (0.91)	$ (0.06)	$ (0.15)
Total revenue	$ 8,147,705	$ 8,825,093	$ 6,557,356	$ 6,902,198	$ 7,795,613	$ 7,902,033	$ 7,033,474	$ 6,757,428	$ 30,432,352	$ 29,488,548
Gross margin	78,846	1,859,186	1,181,806	881,699	898,367	1,580,543	1,519,680	925,141	4,001,537	4,923,731
Net (Loss) Income from continuing operations	(1,853,941)	(196,157)	(3,152,491)	(285,767)	381,201	(1,413,010)	84,272	447,820	(5,488,356)	(499,717)	$ (409,722)
Net (loss) income from discontinued operations	141,269	(15,822)	(488,695)	170,826	(21,990)	(64,636)	112,661	131,985	(192,422)	158,020	(490,055)
Net (loss) income	$ (1,712,672)	$ (211,979)	$ (3,641,186)	$ (114,941)	$ 359,211	$ (1,477,646)	$ 196,933	$ 579,805	$ (5,680,778)	$ (341,697)	$ (899,777)

Note 18 - Costs Associated Wi_3

Note 18 - Costs Associated With Company-owned Store Closures - Costs Associated With Closures (Details) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Costs associated with Company-owned store closures	$ 0	$ 0	$ 57,100
Loss on Distribution of Assets [Member]
Costs associated with Company-owned store closures	$ 0	$ 0	$ 57,100

Note 19 - Contested Solicitat_3

Note 19 - Contested Solicitation Of Proxies and Change In Control Payments (Details Textual) - USD ($)			12 Months Ended
	Sep. 30, 2022	Nov. 03, 2021	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award, Accelerated Vesting, Number (in shares)			12,499	66,667
Former Senior Vice President, Sales and Marketing [Member]
Payments for Postemployment Benefits	$ 70,000
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount	$ 56,250
Restricted Stock Units (RSUs) [Member] | President and Chief Executive Officer [Member] | Letter Agreement [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Accelerated Vesting, Number (in shares)		66,667	12,499
Restricted Stock Units (RSUs) [Member] | Former Senior Vice President, Sales and Marketing [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Accelerated Vesting, Number (in shares)	12,499
Contested Solicitation of Proxies [Member]
Litigation Settlement, Expense			$ 4,100,000	$ 1,700,000	$ 0

Note 19 - Contested Solicitat_4

Note 19 - Contested Solicitation Of Proxies and Change In Control Payments - Letter Agreement Incurred (Details) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022
Accelerated restricted stock unit compensation expense:	$ 95,156	$ 525,000
Letter Agreement [Member] | President and Chief Executive Officer [Member]
Severance compensation:	928,938	1,344,813
Consulting Services:	56,250	0
Total	1,080,344	1,869,813
Letter Agreement [Member] | President and Chief Executive Officer [Member] | Restricted Stock Units (RSUs) [Member]
Accelerated restricted stock unit compensation expense:	$ 95,156	$ 525,000

Note 20 - Discontinued Operat_3

Note 20 - Discontinued Operations - Discontinued Operations (Details) - USD ($)	12 Months Ended
	Feb. 28, 2023	Feb. 28, 2022	Feb. 28, 2021
Income tax provision (benefit)	$ 618,308	$ 52,194	$ (146,419)
Less: Net (Loss) Income from discontinued operations, net of tax	(192,422)	158,020	(490,055)
Current assets held for sale	83,004	126,864
Long-term assets held for sale	1,765,846	2,885,790
Current liabilities held for sale	178,939	173,243
Long term liabilities held for sale	184,142	159,602
USwirl Inc [Member]
Total Revenue	3,128,368	2,854,031	1,717,524
Cost of sales	654,353	556,933	320,068
Operating Expenses	2,048,129	2,087,021	2,142,310
Other income (expense), net	0	(137)	(108,380)
Earnings (loss) from discontinued operations before income taxes	425,886	210,214	(636,474)
Income tax provision (benefit)	618,308	52,194	(146,419)
Less: Net (Loss) Income from discontinued operations, net of tax	(192,422)	158,020	$ (490,055)
Accounts and notes receivable, net	75,914	62,078
Inventory, net	6,067	56,319
Other	1,023	8,467
Current assets held for sale	83,004	126,864
Property and equipment, net	0	48,702
Franchise rights, net	1,708,336	2,078,066
Intangible assets, net	48,095	58,853
Deferred income taxes	0	666,108
Other	9,415	34,061
Long-term assets held for sale	1,765,846	2,885,790
Total Assets Held for Sale	1,848,850	3,012,654
Accounts payable	125,802	83,909
Accrued compensation	11,205	49,312
Accrued liabilities	11,981	15,388
Contract liabilities	29,951	24,634
Current liabilities held for sale	178,939	173,243
Contract liabilities, less current portion	184,142	159,602
Long term liabilities held for sale	184,142	159,602
Total Liabilities Held for Sale	$ 363,081	$ 332,845