v3.20.4
Inventory
9 Months Ended
Oct. 31, 2020
Inventory Disclosure [Abstract]  
Inventory

NOTE 7. Inventory

Inventory is stated at the lower of cost (first-in, first-out) or net realizable value and consists primarily of consumer electronics and accessories. The Company writes down its inventory to net realizable value when it is estimated to be slow-moving or obsolete. For the 13 and 39 weeks ended October 31, 2020, inventory write-downs were $159,000 and $260,000, respectively.  For the transition period from January 1, 2020 to February 1, 2020, inventory write-downs were $41,000.  For the three and nine months ended September 30, 2019, inventory write-downs were $7,000 and $87,000, respectively.