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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 29, 2023
Jan. 28, 2023
Apr. 30, 2022
CURRENT ASSETS      
Cash and cash equivalents $ 514 $ 1,130 $ 828
Restricted cash 1,158 1,158 1,158
Accounts receivable 2,879 1,969 2,727
Merchandise inventory 27,703 26,704 32,254
Prepaid expenses and other current assets 300 999 558
Total current assets 32,554 31,960 37,525
Restricted cash 1,571 1,338 2,160
Fixed assets, net 1,913 1,999 2,441
Operating lease right-of-use assets 1,344 1,505 1,990
Cash surrender value 3,369 3,371 3,800
Other assets 566 566 872
TOTAL ASSETS 41,317 40,739 48,788
CURRENT LIABILITIES      
Accounts payable 9,088 7,044 7,664
Short-term borrowings 9,295 8,812 10,508
Accrued expenses and other current liabilities 2,652 2,876 2,208
Current portion of operating lease liabilities 708 695 663
Total current liabilities 21,743 19,427 21,043
Operating lease liabilities 880 1,019 1,439
Long-term debt 10,429 9,790 7,944
Other long-term liabilities 11,455 11,604 13,987
TOTAL LIABILITIES 44,507 41,840 44,413
SHAREHOLDERS' EQUITY      
Preferred stock ($0.01 par value; 5,000,000 shares authorized; none issued) 0 0 0
Common stock ($0.01 par value; 200,000,000 shares authorized; 5,432,072, 5,432,072 and 3,902,985 shares issued, respectively) 54 54 39
Additional paid-in capital 214,092 214,029 360,738
Treasury stock at cost (467,069, 467,069 and 1,410,417 shares, respectively) (76,132) (76,132) (230,170)
Accumulated other comprehensive gain (loss) 886 886 (910)
Accumulated deficit (142,090) (139,938) (125,322)
TOTAL SHAREHOLDERS' EQUITY (3,190) (1,101) 4,375
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 41,317 $ 40,739 $ 48,788