Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Nov. 30, 2021
Feb. 28, 2021
Current Assets    
Cash and cash equivalents $ 6,021,594 $ 5,633,279
Accounts receivable, less allowance for doubtful accounts of $1,435,234 and $1,341,853, respectively 2,993,389 2,007,502
Notes receivable, current portion, less current portion of the valuation allowance of $38,725 and $32,571, respectively 27,830 84,819
Refundable income taxes 773,359 774,527
Inventories, net 4,943,914 4,062,885
Other 319,662 213,811
Total current assets 15,079,748 12,776,823
Property and Equipment, Net 5,445,466 5,152,015
Other Assets    
Notes receivable, less current portion and valuation allowance of $73,562 and $79,716, respectively 593 42,525
Goodwill, net 729,701 729,701
Franchise rights, net 2,188,491 2,519,764
Intangible assets, net 364,134 395,946
Deferred income taxes 1,570,805 1,144,764
Lease right of use asset 1,857,578 1,925,591
Other 62,148 264,023
Total other assets 6,773,450 7,022,314
Total Assets 27,298,664 24,951,152
Current Liabilities    
Accounts payable 2,420,734 1,297,211
Accrued salaries and wages 1,962,969 735,241
Gift card liabilities 551,963 617,438
Other accrued expenses 426,079 253,345
Contract liabilities 190,470 194,737
Lease liability 566,387 682,348
Total current liabilities 6,118,602 3,780,320
Lease Liability, Less Current Portion 1,335,171 1,278,354
Contract Liabilities, Less Current Portion 930,296 924,909
Commitments and Contingencies
Stockholders' Equity    
Common stock, $.001 par value, 46,000,000 shares authorized, 6,176,697 shares and 6,074,293 shares issued and outstanding, respectively 6,177 6,074
Additional paid-in capital 8,680,819 7,971,712
Retained earnings 10,227,599 10,989,783
Total stockholders' equity 18,914,595 18,967,569
Total Liabilities and Stockholders' Equity 27,298,664 24,951,152
Series A Preferred Stock [Member]    
Stockholders' Equity    
Preferred stock 0 0
Undesignated Series [Member]    
Stockholders' Equity    
Preferred stock $ 0 $ 0