CONSOLIDATED BALANCE SHEETS (USD $)	Jan. 28, 2012	Jan. 29, 2011
Current assets:
Cash and cash equivalents	$ 7,421,000	$ 9,587,000
Receivables	5,320,000	6,644,000
Income taxes receivable	672,000	1,378,000
Prepaid expenses and other current assets	152,000	94,000
Deferred tax asset	100,000	1,240,000
Total current assets	13,665,000	18,943,000
Deferred tax asset	1,230,000	1,344,000
Property and equipment, net	733,000	173,000
Trademarks, net	5,596,000	6,709,000
Other assets		14,000
Total assets	21,224,000	27,183,000
Current liabilities:
Accounts payable	850,000	932,000
Deferred Revenue - Current	320,000	386,000
Accrued compensation payable	268,000	4,314,000
Income taxes payable		1,010,000
Deferred Tax Liability - Current	38,000
Accrued dividends	1,677,000	1,699,000
Promissory Note		7,260,000
Short Term Debt	500,000
Total current liabilities	3,653,000	15,601,000
Long term liabilities:
Deferred Revenue - Non-Current	382,000	549,000
Long Term Debt	6,438,000
Total liabilities	10,473,000	16,150,000
Commitments and Contingencies (Note 6)
Stockholders' Equity
Preferred stock, $.02 par value, 1,000,000 shares authorized, none issued and outstanding
Common stock, $.02 par value, 20,000,000 shares authorized, 8,387,167 Shares issued and outstanding at January 28, 2012 and 8,896,154 issued and 8,496,154 outstanding at January 29, 2011	167,000	177,000
Additional paid-in capital	19,271,000	18,517,000
Retained deficit	(8,687,000)	(401,000)
Less: Treasury Stock, Common: 400,000 shares		(7,260,000)
Total stockholders' equity	10,751,000	11,033,000
Total liabilities and stockholders' equity	$ 21,224,000	$ 27,183,000