XML 49 R29.htm IDEA: XBRL DOCUMENT v3.22.2.2
Shareholders' Equity (Tables)
9 Months Ended
Oct. 29, 2022
Share-based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of warrants outstanding

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Warrants

    

Warrants

    

Exercise Price

    

​

Grant Date

​

Outstanding

​

Exercisable

​

(Per Share)

​

Expiration Date

May 2, 2019

 

349,998

 

349,998

​

$

15.00

 

May 2, 2024

April 17, 2020

​

367,197

​

367,197

​

$

2.66

​

April 14, 2025

May 22, 2020

​

122,398

​

122,398

​

$

2.66

​

April 14, 2025

June 8, 2020

​

122,399

​

122,399

​

$

2.66

​

April 14, 2025

June 12, 2020

​

122,398

​

122,398

​

$

2.66

​

April 14, 2025

July 11, 2020

​

244,798

​

244,798

​

$

2.66

​

April 14, 2025

May 16, 2022

​

5,537,459

​

5,537,459

​

$

2.94

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May 14, 2028

July 22, 2022

​

97,720

​

97,720

​

$

2.94

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July 20, 2028

July 22, 2022

​

1,628,665

​

1,628,665

​

$

2.94

​

July 20, 2028

September 7, 2022

​

568,182

​

—

​

$

0.88

​

September 7, 2027

Schedule of stock options valuation assumptions

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Fiscal 2022

Expected volatility:

 

82-83%

Expected term (in years):

 

6 years

Risk-free interest rate:

 

2.4-2.7%

Schedule of stock option activity

A summary of the status of the Company’s stock options outstanding as of October 29, 2022 and changes during the nine months then ended is as follows:

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2020 Plan

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2011 Plan

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2004 Plan

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​

Option

​

Weighted Average

​

Option

​

Weighted Average

​

Option

​

Weighted Average

​

​

Shares

​

Exercise Price

​

Shares

​

Exercise Price

​

Shares

​

Exercise Price

Balance outstanding, January 29, 2022

​

147,500

​

$

7.33

 

25,700

​

$

10.04

 

3,000

​

$

53.49

Granted

​

51,000

​

$

3.44

 

—

​

$

—

 

—

​

$

—

Exercised

​

—

​

$

—

 

—

​

$

—

 

—

​

$

—

Forfeited or canceled

​

(31,000)

​

$

5.95

 

(10,000)

​

$

10.87

 

—

​

$

46.20

Balance outstanding, October 29, 2022

​

167,500

​

$

6.40

 

15,700

​

$

9.51

 

3,000

​

$

54.70

Options exercisable at October 29, 2022

​

36,000

​

$

7.45

 

15,700

​

$

9.51

 

3,000

​

$

54.70

Schedule of stock options outstanding, vested and expected to vest

The following table summarizes information regarding stock options outstanding as of October 29, 2022:

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Options Outstanding

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Options Vested or Expected to Vest

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Weighted

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Weighted

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​

​

​

​

​

​

Weighted

​

Average 

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​

​

​

​

​

Weighted

​

Average 

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​

​

​

​

​

​

Average 

​

Remaining 

​

Aggregate

​

​

​

Average 

​

Remaining 

​

Aggregate

​

​

Number of

​

Exercise 

​

Contractual 

​

Intrinsic 

​

Number of

​

Exercise 

​

Contractual 

​

Intrinsic 

Option Type

​

Shares

​

Price

 

Life (Years)

​

Value

​

Shares

​

Price

 

Life (Years)

​

Value

2020 Plan

​

167,500

​

$

6.40

​

8.9

​

$

—

​

148,800

​

$

6.42

​

8.9

​

$

—

2011 Plan

 

15,700

​

$

9.51

 

5.3

​

$

—

 

15,700

​

$

9.51

 

5.3

​

$

—

2004 Plan

 

3,000

​

$

54.70

 

1.4

​

$

—

 

3,000

​

$

54.70

 

1.4

​

$

—

Schedule of restricted stock unit activity

A summary of the status of the Company’s non-vested restricted stock unit activity as of October 29, 2022 and changes during the nine-month period then ended is as follows:

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Restricted Stock Units

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Market-Based Units

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Time-Based Units

    

Performance-Based Units

    

Total

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Weighted

    

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Weighted

    

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Weighted

​

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Weighted

​

​

​

​

Average

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​

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Average 

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Average

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​

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Average 

​

​

​

​

Grant Date

​

​

​

Grant Date 

​

​

​

Grant Date

​

​

​

Grant Date 

​

​

Shares

    

Fair Value

    

Shares

​

Fair Value

    

Shares

    

Fair Value

    

Shares

​

Fair Value

Non-vested outstanding, January 29, 2022

 

57,800

​

$

3.47

 

1,031,300

​

$

7.46

 

222,900

​

$

4.13

​

1,312,000

​

$

6.72

Granted

 

—

​

$

—

 

985,600

​

$

3.71

 

36,400

​

$

1.69

​

1,022,000

​

$

3.64

Vested

 

—

​

$

—

 

(453,000)

​

$

6.67

 

—

​

$

—

​

(453,000)

​

$

6.67

Forfeited

 

—

​

$

—

 

(78,600)

​

$

5.02

 

—

​

$

—

​

(78,600)

​

$

5.02

Expired

​

(12,500)

​

$

5.07

 

—

​

$

—

 

—

​

$

—

​

(12,500)

​

$

5.07

Non-vested outstanding, October 29, 2022

 

45,300

​

$

3.02

 

1,485,300

​

$

5.34

 

259,300

​

$

3.79

​

1,789,900

​

$

5.06