XML 9 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 02, 2024
Feb. 03, 2024
Current assets:    
Cash and cash equivalents $ 892 $ 357
Trade receivables, net of allowance for doubtful accounts of $291 and $377 at November 2, 2024 and February 3, 2024, respectively 29,445 20,671
Inventories, net 63,775 58,777
Prepaid expenses and other current assets1 6,374 4,997
Total current assets 100,486 84,802
Property and equipment, net 6,784 6,972
Operating lease right-of-use assets, net 89,067 73,003
Goodwill 31,973 31,973
Equity method investment 23,554 26,147
Other assets 2,840 2,252
Total assets 254,704 225,149
Current liabilities:    
Accounts payable 27,024 31,678
Accrued salaries and employee benefits 6,667 3,967
Other accrued expenses1 [1] 9,830 8,980
Short-term lease liabilities 14,174 16,803
Total current liabilities 57,695 61,428
Long-term debt [2] 50,600 43,950
Long-term lease liabilities 85,275 67,705
Deferred income tax liability 3,567 4,913
Other liabilities 463  
Commitments and contingencies (Note 10)
Stockholders' equity:    
Common stock at $0.01 par value (100,000,000 shares authorized, 12,609,630 and 12,506,556 shares issued and outstanding at November 2, 2024 and February 3, 2024, respectively) 126 125
Additional paid-in capital 1,145,261 1,144,740
Accumulated deficit (1,088,336) (1,097,634)
Accumulated other comprehensive income (loss) 53 (78)
Total stockholders' equity 57,104 47,153
Total liabilities and stockholders' equity $ 254,704 $ 225,149
[1] Includes accrued royalty expense of $432 as of November 2, 2024 and $361 as of February 3, 2024, which is with a related party.
[2] Includes Third Lien Credit Facility, which is with a related party, of $33,437 and $29,982 as of November 2, 2024 and February 3, 2024, respectively.