CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Jul. 29, 2023	Jan. 28, 2023	Jul. 30, 2022
Current assets:
Cash and cash equivalents	$ 4,890	$ 5,171	$ 10,330
Inventories, net	98,949	84,071	141,702
Prepaid expenses and other current assets	5,697	5,089	7,273
Total current assets	109,536	94,331	159,305
Property and equipment:
Equipment	19,593	19,614	19,953
Furniture and fixtures	65,632	66,906	68,653
Leasehold improvements	102,068	103,525	106,109
Computer software and hardware	82,517	81,685	78,886
Projects in progress	1,276	743	3,835
Property and equipment, gross	271,086	272,473	277,436
Accumulated depreciation	(237,208)	(233,797)	(231,502)
Property and equipment, net	33,878	38,676	45,934
Operating lease right-of-use assets	133,352	134,525	140,310
Other assets	6,818	6,714	7,891
Total assets	283,584	274,246	353,440
Current liabilities:
Accounts payable	56,483	43,739	61,569
Accrued expenses	26,432	26,069	27,636
Operating lease liabilities	40,249	41,499	40,801
Total current liabilities	123,164	111,307	130,006
Operating lease liabilities	111,746	114,613	123,426
Revolving line of credit	46,000	15,000	55,000
Other liabilities	3,834	3,553	4,897
Total liabilities	284,744	244,473	313,329
Shareholders’ equity:
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at July 29, 2023, January 28, 2023, and July 30, 2022, respectively	0	0	0
Common stock, no par value; 100,000,000 shares authorized; 12,917,373; 12,754,368; and 12,754,368 shares issued and outstanding at July 29, 2023, January 28, 2023, and July 30, 2022, respectively	175,988	175,450	174,654
Accumulated deficit	(177,148)	(145,677)	(134,543)
Total shareholders’ equity	(1,160)	29,773	40,111
Total liabilities and shareholders’ equity	$ 283,584	$ 274,246	$ 353,440

Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).