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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Nov. 04, 2013
Jan. 28, 2013
Current assets:    
Cash and cash equivalents $ 326,000 $ 243,000
Receivables, net 79,000 171,000
Income tax receivable
Inventories 347,000 405,000
Prepaid expenses 109,000 54,000
Total current assets 861,000 873,000
Property, buildings and equipment, net 12,993,000 16,492,000
Other assets, net 144,000 196,000
Intangible assets, net 33,000 25,000
Total assets 14,031,000 17,586,000
Current liabilities:    
Accounts payable-trade 1,470,000 790,000
Checks written in excess of balance bank 241,000
Payroll and related taxes 1,456,000 1,615,000
Sales and property taxes 1,734,000 1,945,000
Rent, licenses and other 2,129,000 2,293,000
Income tax payable 28,000 22,000
Current maturities of obligations under long-term debt 1,555,000 1,223,000
Total current liabilities 8,613,000 7,888,000
Deferred rent payable 45,000
Other long-term liabilities 1,446,000 2,144,000
Note payable to officer 1,992,000 1,992,000
Long-term debt, net of current maturities 5,468,000 8,942,000
Liabilities not subject to compromise 17,519,000 21,011,000
Liabilities subject to compromise 1,387,000 1,565,000
Total liabilities 18,906,000 22,576,000
Stockholders’ equity:    
Preferred stock, $.001 par value; authorized 1,500,000 shares; none issued or outstanding
Common stock, $.001 par value; authorized 8,000,000 shares; issued and outstanding 3,213,075 and 3,213,075 shares 3,000 3,000
Additional paid-in capital 17,743,000 17,743,000
Accumulated deficit (22,621,000) (22,736,000)
Total stockholders’ equity (4,875,000) (4,990,000)
Total liabilities and stockholders’ equity $ 14,031,000 $ 17,586,000