CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Oct. 28, 2023	Jan. 28, 2023	Oct. 29, 2022
Current assets:
Cash and cash equivalents	$ 5,765	$ 5,171	$ 11,245
Inventories, net	105,190	84,071	126,315
Prepaid expenses and other current assets	5,863	5,089	7,126
Total current assets	116,818	94,331	144,686
Property and equipment:
Equipment	19,556	19,614	19,929
Furniture and fixtures	65,302	66,906	68,580
Leasehold improvements	101,925	103,525	106,524
Computer software and hardware	83,236	81,685	80,142
Projects in progress	643	743	2,594
Property and equipment, gross	270,662	272,473	277,769
Accumulated depreciation	(239,014)	(233,797)	(235,140)
Property and equipment, net	31,648	38,676	42,629
Operating lease right-of-use assets	130,513	134,525	136,280
Other assets	6,848	6,714	7,979
Total assets	285,827	274,246	331,574
Current liabilities:
Accounts payable	55,729	43,739	47,157
Accrued expenses	23,484	26,069	27,027
Operating lease liabilities	39,966	41,499	40,156
Total current liabilities	119,179	111,307	114,340
Operating lease liabilities	108,248	114,613	119,254
Revolving line of credit	62,000	15,000	60,000
Other liabilities	3,685	3,553	4,915
Total liabilities	293,112	244,473	298,509
Shareholders’ equity:
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at October 28, 2023, January 28, 2023, and October 29, 2022, respectively	0	0	0
Common stock, no par value; 100,000,000 shares authorized; 12,923,677; 12,754,368; and 12,754,368 shares issued and outstanding at October 28, 2023, January 28, 2023, and October 29, 2022, respectively	176,260	175,450	174,949
Accumulated deficit	(183,545)	(145,677)	(141,884)
Total shareholders' (deficit) equity	(7,285)	29,773	33,065
Total liabilities and shareholders' (deficit) equity	$ 285,827	$ 274,246	$ 331,574

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).