Rocky Mountain Chocolate Factory Inc

For the period ended Aug 31, 2024. Filed Oct 15, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Aug 31, 2024 · Filed Oct 15, 2024

RMCF$0.82-1.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Operations

(In thousands, except per share amounts)

Three Months Ended · Six Months Ended
	August 31,		August 31,
	2024	2023	2024	2023
Revenues
Sales	$4,918	$5,016	$10,197	$10,032
Franchise and royalty fees	1,462	1,542	2,590	2,962
Total Revenue	6,380	6,558	12,787	12,994
Costs and Expenses
Cost of sales	4,350	4,632	9,936	9,391
Franchise costs	952	614	1,493	1,293
Sales and marketing	138	442	568	915
General and administrative	1,622	1,687	2,861	3,619
Retail operating	194	162	393	265
Depreciation and amortization, exclusive of depreciation and amortization expense of $190, $183, $386 and $354, respectively, included in cost of sales	38	32	80	63
Total costs and expenses	7,294	7,569	15,331	15,546
Loss from Operations	(914)	(1,011)	(2,544)	(2,552)
Other Income (Expense)
Interest expense	(63)	(6)	(98)	(13)
Interest income	7	18	14	38
Gain (loss) on disposal of assets	248	-	248	-
Other income, net	192	12	164	25
Loss Before Income Taxes	(722)	(999)	(2,380)	(2,527)
Income Tax Provision (Benefit)	-	-	-	-
Loss from Continuing Operations	(722)	(999)	(2,380)	(2,527)
Discontinued Operations
Earnings from discontinued operations, net of tax	-	-	-	69
Gain on disposal of discontinued operations, net of tax	-	-	-	635
Earnings from discontinued operations, net of tax	-	-	-	704
Net Loss	$(722)	$(999)	$(2,380)	$(1,823)
Basic Loss per Common Share
Loss from continuing operations	$(0.11)	$(0.16)	$(0.37)	$(0.40)
Earnings from discontinued operations	-	-	-	0.11
Net loss	$(0.11)	$(0.16)	$(0.37)	$(0.29)
Diluted Loss per Common Share
Loss from continuing operations	$(0.11)	$(0.16)	$(0.37)	$(0.40)
Earnings from discontinued operations	-	-	-	0.11
Net loss	$(0.11)	$(0.16)	$(0.37)	$(0.29)
Weighted Average Common Shares Outstanding - Basic	6,686,537	6,239,078	6,507,323	6,284,846
Dilutive Effect of Employee Stock Awards	-	-	-	-
Weighted Average Common Shares Outstanding - Diluted	6,686,537	6,239,078	6,507,323	6,284,846

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.