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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 30, 2021
Feb. 01, 2020
OPERATING ACTIVITIES:    
Net loss $ (3,892) $ (58,744)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation of fixed assets 1,111 3,330
Amortization of intangible assets 1,028 1,143
Amortization of right-of-use asset 569 6,990
Stock based compensation 323 276
Write down of investment 0 500
Warrant proceeds amortization to interest 232 0
Interest on long term debt 542 0
Treasury stock received for payment of withholding tax on exercises of RSUs 0 (3)
Reversal of ASC 740 liability (3,545) 0
Loss on disposal of fixed assets 0 125
Inventory net realizable value adjustment 0 12,701
Loss on impairment of long-lived assets 0 23,983
Change in cash surrender value (503) (329)
Changes in operating assets and liabilities that provide (use) cash:    
Accounts receivable 1,423 1,182
Merchandise inventory (6,679) 14,183
Prepaid expenses and other current assets 2,761 1,931
Other long-term assets 571 (913)
Accounts payable (5,458) (10,209)
Accrued expenses and other current liabilities (1,107) (1,888)
Deferred revenue 0 (274)
Other long-term liabilities (767) (9,811)
Net cash used in operating activities (13,391) (15,827)
INVESTING ACTIVITIES:    
Purchases of fixed assets (1,190) (2,823)
Proceeds from sale of fye business 11,779 0
Capital distributions from joint venture 0 127
Net cash provided by (used in) investing activities 10,589 (2,696)
FINANCING ACTIVITIES:    
Proceeds from long term borrowings 5,063 0
Proceeds from PPP loan 2,018 0
Issuance of director deferred shares and RSUs 234 0
Proceeds from short term borrowings 6,339 35,851
Payments of short-term borrowings (13,149) (22,702)
Net cash provided by financing activities 505 13,149
Net decrease in cash, cash equivalents, and restricted cash (2,297) (5,374)
Cash, cash equivalents, and restricted cash, beginning of year 8,852 14,226
Cash, cash equivalents, and restricted cash, end of year 6,555 8,852
Supplemental disclosures and non-cash investing and financing activities:    
Interest paid $ 463 $ 838