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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 30, 2021
Jan. 30, 2021
Oct. 31, 2020
CURRENT ASSETS      
Cash and cash equivalents $ 1,754 $ 1,809 $ 2,396
Restricted cash 1,158 1,184 950
Accounts receivable 2,566 2,718 2,465
Merchandise inventory 30,248 24,515 27,204
Prepaid expenses and other current assets 760 564 836
Total current assets 36,486 30,790 33,851
Restricted cash 2,732 3,562 4,082
Fixed assets, net 2,251 2,268 2,343
Operating lease right-of-use assets 2,284 2,742 2,887
Intangible assets, net 0 732 989
Cash Surrender Value 4,413 3,856 3,438
Other assets 1,074 1,342 1,787
TOTAL ASSETS 49,240 45,292 49,377
CURRENT LIABILITIES      
Accounts payable 6,743 8,894 8,559
Short-term borrowings 5,858 6,339 8,483
Accrued expenses and other current liabilities 2,685 2,512 4,745
Current portion of operating lease liabilities 636 596 583
Current portion of PPP Loan 0 1,687 1,356
Total current liabilities 15,922 20,028 23,726
Operating lease liabilities 1,764 2,258 2,412
PPP Loan 0 330 662
Long-term debt 4,161 5,000 4,581
Other long-term liabilities 15,515 16,187 15,857
TOTAL LIABILITIES 37,362 43,803 47,238
SHAREHOLDERS' EQUITY      
Preferred stock ($0.01 par value; 5,000,000 shares authorized; none issued) 0 0 0
Common stock ($0.01 par value; 200,000,000 shares authorized; 3,902,985, 3,336,576 and 3,235,576 shares issued, respectively) 39 33 32
Additional paid-in capital 359,100 346,495 346,470
Treasury stock at cost (1,410,417, 1,410,378 and 1,410,378 shares, respectively) (230,170) (230,169) (230,169)
Accumulated other comprehensive loss (2,007) (2,007) (1,470)
Accumulated deficit (115,084) (112,863) (112,724)
TOTAL SHAREHOLDERS' EQUITY 11,878 1,489 2,139
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 49,240 $ 45,292 $ 49,377