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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 29, 2022
Jan. 30, 2021
Current assets:    
Cash $ 35,957 $ 4,407
Accounts receivable 5,811 7,793
Inventories, net 56,024 58,034
Prepaid expenses and other current assets 25,456 43,035
Total current assets 123,248 113,269
Property and equipment, net 57,329 73,906
Intangible assets, net 80,711 88,976
Goodwill 59,697 59,697
Operating lease assets, net 130,744 161,135
Other assets 120 199
Total assets 451,849 497,182
Current liabilities:    
Accounts payable 49,924 56,263
Accrued expenses and other current liabilities 48,853 43,854
Current portion of long-term debt 7,692 2,799
Current portion of operating lease liabilities 32,276 37,967
Borrowings under revolving credit facility   11,146
Total current liabilities 138,745 152,029
Long-term debt, net of discount and current portion 196,511 225,401
Long-term debt, net of discount - related party 5,605 3,311
Deferred income taxes 10,704 13,835
Operating lease liabilities, net of current portion 143,207 179,022
Warrants - related party (Note 15)   15,997
Derivative liability (Note 10)   2,436
Other liabilities 1,731 2,049
Total liabilities 496,503 594,080
Commitments and contingencies (see Note 12)
Shareholders’ Deficit    
Common stock, par value $0.01 per share; 50,000,000 shares authorized; 10,001,422 and 9,631,633 shares issued and outstanding at January 29, 2022 and January 30, 2021, respectively 100 97
Additional paid-in capital 209,747 129,363
Accumulated deficit (254,501) (226,358)
Total shareholders’ deficit (44,654) (96,898)
Total liabilities and shareholders’ deficit $ 451,849 $ 497,182