Three Months Ended May 31, 2025

($'s in thousands)

Franchising

Manufacturing

Retail

Unallocated

Total

Total revenues

$

1,655

$

4,542

$

319

$

-

$

6,516

Intersegment revenues

-

(143

)

-

-

(143

)

Revenue from external customers

1,655

4,399

319

-

6,373

Costs and Expenses

Cost of Sales

-

4,307

85

-

4,392

Labor costs

496

-

84

446

1,026

Operating expenses

93

-

122

21

236

Professional fees

94

-

-

296

390

Other general & administrative expenses

118

-

-

238

356

801

4,307

291

1,001

6,400

Depreciation and amortization, exclusive of depreciation and amortization expense of $228 included in cost of sales (manufacturing segment)

15

-

3

100

118

Total costs and expenses

816

4,307

294

1,101

6,518

Segment profit (loss)

839

92

25

(1,101

)

(145

)

Other income (expense)

Interest expense

-

-

-

(188

)

(188

)

Interest income

-

-

-

9

9

Other income (expense), net

-

-

-

(179

)

(179

)

Loss before income taxes

839

92

25

(1,280

)

(324

)

Income tax provision

-

-

-

-

-

Consolidated net loss

$

839

$

92

$

25

$

(1,280

)

$

(324

)

Other Segment Disclosures

Total assets

1,936

13,947

776

3,437

20,096

Capital expenditures

-

98

-

70

168

Three Months Ended May 31, 2024

($'s in thousands)

Franchising

Manufacturing

Retail

Unallocated

Total

Total revenues

$

1,128

$

5,189

$

322

$

-

$

6,639

Intersegment revenues

-

(232

)

-

-

(232

)

Revenue from external customers

1,128

4,957

322

-

6,407

Costs and Expenses

Cost of Sales

-

5,465

121

-

5,586

Labor costs

558

-

114

457

1,129

Operating expenses

300

-

85

202

587

Professional fees

60

-

-

378

438

Other general & administrative expenses

53

-

-

202

255

971

5,465

320

1,239

7,995

Depreciation and amortization, exclusive of depreciation and amortization expense of $196 included in cost of sales (manufacturing segment)

13

-

3

26

42

Total costs and expenses

984

5,465

323

1,265

8,037

Segment profit (loss)

144

(508

)

(1

)

(1,265

)

(1,630

)

Other income (expense)

Interest expense

-

-

-

(35

)

(35

)

Interest income

-

-

-

7

7

Other income (expense), net

-

-

-

(28

)

(28

)

Loss before income taxes

144

(508

)

(1

)

(1,293

)

(1,658

)

Income tax provision

-

-

-

-

-

Consolidated net loss

$

144

$

(508

)

$

(1

)

$

(1,293

)

$

(1,658

)

Other Segment Disclosures

Total assets

989

12,947

505

4,579

19,020

Capital expenditures

7

-

-

410

417