Stock-Based Compensation (Tables)

12 Months Ended

Feb. 03, 2024

Share-Based Payment Arrangement [Abstract]

RSU Activity

RSU activity for the fiscal year ended February 3, 2024, was as follows:

	Shares			Weighted Average Grant Date Fair Value
Non-Vested at January 28, 2023		399,987		$	9.84
Granted		374,440			2.83
Vested		(202,967	)		8.49
Forfeited		(173,778	)		9.52
Non-Vested at February 3, 2024		397,682		$	4.07

Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity

Other information related to RSU activity during fiscal 2023, 2022 and 2021 is as follows:

	53 Weeks Ended February 3, 2024		52 Weeks Ended January 28, 2023		52 Weeks Ended January 29, 2022
Weighted average grant date fair value of RSUs (per share)	$	2.83	$	8.35	$	24.23
Total fair value of restricted stock units vested (in thousands)	$	560	$	8,596	$	2,846

Stock Option Activity

Stock option activity for the fiscal year ended February 3, 2024 was as follows:

	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value (in thousands)
Balance at January 28, 2023		97,641		$	11.00
Options granted		237,675			3.53
Options forfeited		(67,344	)		5.36
Options expired		(8,750	)		14.87
Balance at February 3, 2024		259,222		$	5.49		8.1	$	—
Options Exercisable As of:
February 3, 2024		51,103		$	13.17		4.1	$	—

Other information related to option activity during fiscal 2023, 2022 and 2021 is as follows:

	53 Weeks Ended February 3, 2024		52 Weeks Ended January 28, 2023		52 Weeks Ended January 29, 2022
Weighted average grant date fair value of options granted (per share)	$	2.06	$	3.11	$	—
Total fair value of stock options vested (in thousands)	$	57	$	49	$	84
Intrinsic value of stock options exercised (in thousands)	$	—	$	8	$	945

Weighted Average for Key Assumptions Used in Determining the Fair Value of Options Granted

The weighted averages for key assumptions used in determining the fair value of options granted in fiscal 2023 and 2022, and a summary of the methodology applied to develop each assumption are as follows:

	53 Weeks Ended February 3, 2024			52 Weeks Ended January 28, 2023
Expected price volatility		92.4	%		91.4	%
Risk-free interest rate		3.3	%		3.4	%
Expected life	6 years			6 years
Dividend yield		0	%		0	%