v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Oct. 30, 2021
Jan. 30, 2021
Current assets:    
Cash and cash equivalents $ 1,735,000 $ 1,536,000
Restricted cash 1,310,000 1,310,000
Trade accounts receivable, net of allowance for doubtful accounts of $0 and $6, respectively 201,000 226,000
Other accounts receivable 1,120,000 1,180,000
Inventory 8,070,000 6,750,000
Prepaid assets 641,000 386,000
Current assets of discontinued operations 9,000 9,000
Total current assets 13,086,000 11,397,000
Property and equipment, net 3,159,000 1,301,000
Operating lease right-of-use assets 10,978,000 9,121,000
Intangibles, net 1,815,000 1,913,000
Goodwill 699,000 699,000
Other assets 339,000 292,000
Total assets 30,076,000 24,723,000
Current liabilities:    
Accounts payable 10,355,000 8,901,000
Accrued expenses and other current liabilities 3,983,000 3,548,000
Current portion of operating lease liabilities 2,192,000 2,717,000
Current portion of notes payable 178,000 2,478,000
Note payable - related parties 1,599,000 400,000
Current liabilities of discontinued operations 867,000 868,000
Total current liabilities 19,174,000 18,912,000
Long-term liabilities:    
Notes payable 3,072,000 1,870,000
Operating lease liabilities 9,758,000 6,736,000
Total liabilities 32,004,000 27,518,000
Commitments and Contingencies
Stockholders’ deficit:    
Preferred stock, $0.001 par value, 10,000 shares authorized; 2 shares issued and outstanding as of October 30, 2021 and January 30, 2021.
Common stock, $0.001 par value, 150,000 shares authorized; 12,371 and 11,465 shares issued and outstanding as of October 30, 2021 and January 30, 2021, respectively. 12,000 11,000
Additional paid-in capital common stock 58,643,000 53,128,000
Accumulated other comprehensive loss (14,000) (15,000)
Accumulated deficit (60,569,000) (55,919,000)
Total stockholders’ deficit (1,928,000) (2,795,000)
Total liabilities and stockholders’ deficit $ 30,076,000 $ 24,723,000