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Registered Direct Offering - Common Stock
12 Months Ended
Jan. 29, 2022
Equity [Abstract]  
Registered Direct Offering - Common Stock

K. REGISTERED DIRECT OFFERING - COMMON STOCK

 

On February 5, 2021, the Company sold, pursuant to a stock purchase agreement and through a registered direct offering, an aggregate of 11,111,111 shares of its common stock, for a gross purchase price of $5.0 million, before payment of offering costs of $0.6 million. The Company used the net proceeds from the offering for working capital and other general corporate purposes.