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Long-Term Debt (Tables)
9 Months Ended
Nov. 02, 2024
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt

Long-term debt, net consisted of the following (in thousands):

 

 

November 2, 2024

 

 

February 3, 2024

 

 

October 28, 2023

 

Revolving line of credit

 

$

65,000

 

 

$

34,000

 

 

$

62,000

 

Non-Convertible Term Loan

 

 

8,500

 

 

 

 

 

 

 

Convertible Term Loan

 

 

8,500

 

 

 

 

 

 

 

Collaboration Agreement fees

 

 

3,806

 

 

 

 

 

 

 

Total outstanding borrowings

 

 

85,806

 

 

 

34,000

 

 

 

62,000

 

Less: unamortized debt discount and issuance costs

 

 

(5,013

)

 

 

 

 

 

 

Total debt

 

 

80,793

 

 

 

34,000

 

 

 

62,000

 

Less: current portion of long-term debt, included in accrued expenses

 

 

(396

)

 

 

 

 

 

 

Long-term debt

 

$

80,397

 

 

$

34,000

 

 

$

62,000