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Debt
6 Months Ended
Aug. 03, 2024
Debt Disclosure [Abstract]  
Debt Debt
As of August 3, 2024, July 29, 2023 and February 3, 2024, there was $23.4 million, $34.6 million and $28.5 million, of outstanding debt, respectively. Total outstanding debt includes $11.0 million, $11.0 million and $10.8 million of short-term debt as of August 3, 2024, July 29, 2023 and February 3, 2024, respectively, which represents the current portion of the French Term Loans.
During fiscal 2020, our French subsidiary, Micromania SAS, entered into six separate unsecured term loans for a total of €40.0 million. In the second quarter of 2021, at the request of Micromania SAS, these term loans were extended for five years, with an amortization plan for the principal starting in October 2022. In connection with the extension, the interest rate increased from zero to 0.7% for three of the term loans totaling €20.0 million, and 1% for the remaining three term loans totaling €20.0 million. The French government has guaranteed 90% of the term loans pursuant to a state guaranteed loan program instituted in connection with the COVID-19 pandemic.