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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 01, 2025
Feb. 03, 2024
Current assets:    
Cash and cash equivalents $ 607 $ 357
Trade receivables, net of allowance for doubtful accounts $335 and $377 at February 1, 2025 and February 3, 2024, respectively [1] 32,927 20,671
Inventories, net 59,146 58,777
Prepaid expenses and other current assets 3,896 4,997
Total current assets 96,576 84,802
Property and equipment, net 7,378 6,972
Operating lease right-of-use assets, net 91,209 73,003
Goodwill 0 31,973
Equity method investment 23,464 26,147
Other assets 4,108 2,252
Total assets 222,735 225,149
Current liabilities:    
Accounts payable 35,090 31,678
Accrued salaries and employee benefits 8,709 3,967
Other accrued expenses [2] 13,722 8,980
Short-term lease liabilities 16,025 16,803
Total current liabilities 73,546 61,428
Long-term debt [3] 19,156 43,950
Long-term lease liabilities 87,180 67,705
Deferred income tax liability 631 4,913
Other liabilities 463  
Commitments and contingencies (Note 6)
Stockholders' equity:    
Common stock at $0.01 par value (100,000,000 shares authorized, 12,758,852 and 12,506,556 shares issued and outstanding at February 1, 2025 and February 3, 2024, respectively) 128 125
Additional paid-in capital 1,158,279 1,144,740
Accumulated deficit (1,116,681) (1,097,634)
Accumulated other comprehensive income (loss) 33 (78)
Total stockholders' equity 41,759 47,153
Total liabilities and stockholders' equity $ 222,735 $ 225,149
[1] Includes receivables of $638 and $189 as of February 1, 2025 and February 3, 2024, respectively, which is with related parties.
[2] Includes accrued royalty expense of $3,513 and $361 as of February 1, 2025 and February 3, 2024, respectively, which is with a related party.
[3] Includes Third Lien Credit Facility of $29,982 as of February 3, 2024, which was with a former related party.