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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Aug. 02, 2025
Feb. 01, 2025
Aug. 03, 2024
Current assets:      
Cash and cash equivalents $ 3,641 $ 3,820 $ 4,461
Inventories, net 81,693 81,899 92,760
Prepaid expenses and other current assets 6,312 5,585 8,216
Total current assets 91,646 91,304 105,437
Equipment 18,752 18,905 19,067
Furniture and fixtures 60,113 61,354 62,847
Leasehold improvements 96,241 97,635 99,616
Computer software and hardware 78,953 78,847 78,610
Projects in progress 281 287 371
Property and equipment, gross 254,340 257,028 260,511
Accumulated depreciation (235,591) (234,966) (235,057)
Property and equipment, net 18,749 22,062 25,454
Operating lease right-of-use assets 108,672 121,229 128,046
Other assets 2,863 7,593 7,282
Total assets 221,930 242,188 266,219
Current liabilities:      
Accounts payable 56,583 43,935 59,967
Accrued expenses and other liabilities 21,386 20,183 20,956
Operating lease liabilities 37,372 39,355 38,602
Total current liabilities 116,882 152,672 119,525
Operating lease liabilities 83,100 95,085 100,565
Other liabilities 3,694 3,445 4,438
Total liabilities 257,091 261,205 285,924
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at August 2, 2025, February 1, 2025, and August 3, 2024, respectively 0 0 0
Common stock, no par value; 80,000,000; 100,000,000; and 100,000,000 shares authorized at August 2, 2025, February 1, 2025, and August 3, 2024, respectively; 22,461,383; 13,117,942; and 13,111,638, shares issued and outstanding at August 2, 2025, February 1, 2025, and August 3, 2024, respectively 193,402 177,543 177,057
Accumulated deficit (228,563) (196,560) (196,762)
Total shareholders’ deficit (35,161) (19,017) (19,705)
Total liabilities and shareholders’ deficit 221,930 242,188 266,219
Related Party [Member]      
Current liabilities:      
Current debt, net 1,541 0 0
Long-term debt, net 11,895 0 0
Nonrelated Party [Member]      
Current liabilities:      
Current debt, net 0 49,199 0
Long-term debt, net $ 41,520 $ 10,003 $ 61,396