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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 03, 2024
Feb. 03, 2024
Current assets:    
Cash and cash equivalents $ 711 $ 357
Trade receivables, net of allowance for doubtful accounts of $329 and $377 at August 3, 2024 and February 3, 2024, respectively 35,054 20,671
Inventories, net 66,343 58,777
Prepaid expenses and other current assets1 [1] 6,564 4,997
Total current assets 108,672 84,802
Property and equipment, net 6,298 6,972
Operating lease right-of-use assets, net 79,659 73,003
Goodwill 31,973 31,973
Equity method investment 24,727 26,147
Other assets 2,294 2,252
Total assets 253,623 225,149
Current liabilities:    
Accounts payable 36,736 31,678
Accrued salaries and employee benefits 6,442 3,967
Other accrued expenses2 [2] 9,545 8,980
Short-term lease liabilities 14,787 16,803
Total current liabilities 67,510 61,428
Long-term debt [3] 54,401 43,950
Long-term lease liabilities 75,704 67,705
Deferred income tax liability 3,567 4,913
Commitments and contingencies (Note 10)
Stockholders' equity:    
Common stock at $0.01 par value (100,000,000 shares authorized, 12,603,273 and 12,506,556 shares issued and outstanding at August 3, 2024 and February 3, 2024, respectively) 126 125
Additional paid-in capital 1,144,948 1,144,740
Accumulated deficit (1,092,685) (1,097,634)
Accumulated other comprehensive income (loss) 52 (78)
Total stockholders' equity 52,441 47,153
Total liabilities and stockholders' equity $ 253,623 $ 225,149
[1] Includes prepaid royalty expense of $749 as of August 3, 2024, which is with a related party.
[2] Includes accrued royalty expense of $361 as of February 3, 2024, which is with a related party.
[3] Includes Third Lien Credit Facility, which is with a related party, of $32,260 and $29,982 as of August 3, 2024 and February 3, 2024, respectively.