CONSOLIDATED BALANCE SHEETS (USD $)	Jul. 28, 2012	Jan. 28, 2012
Current assets:
Cash and cash equivalents	$ 2,089,000	$ 7,421,000
Receivables	5,963,000	5,320,000
Income taxes receivable	475,000	672,000
Prepaid expenses and other current assets	217,000	152,000
Deferred tax asset	101,000	100,000
Total current assets	8,845,000	13,665,000
Deferred tax asset	1,223,000	1,230,000
Property and equipment, net	937,000	733,000
Trademarks, net	5,075,000	5,596,000
Other assets	204,000
Total assets	16,284,000	21,224,000
Current liabilities:
Accounts payable	1,571,000	850,000
Deferred Revenue - Current	100,000	320,000
Accrued compensation payable	124,000	268,000
Income taxes payable	1,119,000
Accrued dividends	1,679,000	1,677,000
Deferred tax liability - current	38,000	38,000
Short term debt		500,000
Total current liabilities	4,631,000	3,653,000
Long term liabilities:
Deferred Revenue - Non-Current	125,000	382,000
Long term debt		6,438,000
Total liabilities	4,756,000	10,473,000
Commitments and Contingencies
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, 8,394,667 issued and outstanding at July 28, 2012 and 8,387,167 issued and outstanding at January 28, 2012	167,000	167,000
Additional paid-in capital	19,726,000	19,271,000
Retained earnings (deficit)	(8,365,000)	(8,687,000)
Total stockholders' equity	11,528,000	10,751,000
Total liabilities and stockholders' equity	$ 16,284,000	$ 21,224,000