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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Feb. 01, 2025
Feb. 03, 2024
Current assets:    
Cash and cash equivalents $ 3,820 $ 3,805
Inventories, net 81,899 74,090
Prepaid expenses and other current assets 5,585 7,614
Total current assets 91,304 85,509
Property and equipment:    
Equipment 18,905 19,144
Furniture and fixtures 61,354 63,823
Leasehold improvements 97,635 100,393
Computer software and hardware 78,847 78,580
Projects in progress 287 647
Property and equipment, gross 257,028 262,587
Accumulated depreciation (234,966) (232,882)
Property and equipment, net 22,062 29,705
Operating lease right-of-use assets 121,229 126,725
Other assets 7,593 8,634
Total assets 242,188 250,573
Current liabilities:    
Accounts payable 43,935 46,010
Accrued expenses and other liabilities 20,183 23,163
Operating lease liabilities 39,355 40,018
Current debt, net 49,199 0
Total current liabilities 152,672 109,191
Operating lease liabilities 95,085 99,772
Long-term debt, net 10,003 34,000
Other liabilities 3,445 4,486
Total liabilities 261,205 247,449
Commitments and contingencies (Note 10)
Shareholders’ equity:    
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at February 1, 2025, and February 3, 2024 0 0
Common stock, no par value, 100,000,000 shares authorized; 13,117,942 and 12,926,022 shares issued and outstanding at February 1, 2025, and February 3, 2024, respectively 177,543 176,552
Accumulated deficit (196,560) (173,428)
Total shareholders deficit equity (19,017) 3,124
Total liabilities and shareholders’ equity $ 242,188 $ 250,573