XML 43 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Nov. 01, 2025
Feb. 01, 2025
Nov. 02, 2024
Current assets:      
Cash and cash equivalents $ 6,457 $ 3,820 $ 6,756
Inventories, net 88,902 81,899 111,219
Prepaid expenses and other current assets 10,468 5,585 6,494
Total current assets 105,827 91,304 124,469
Equipment 18,697 18,905 19,067
Furniture and fixtures 59,679 61,354 62,846
Leasehold improvements 95,702 97,635 99,923
Computer software and hardware 78,931 78,847 78,765
Projects in progress 664 287 526
Property and equipment, gross 253,673 257,028 261,127
Accumulated depreciation (235,893) (234,966) (237,289)
Property and equipment, net 17,780 22,062 23,838
Operating lease right-of-use assets 102,532 121,229 123,916
Other assets 3,090 7,593 7,591
Total assets 229,229 242,188 279,814
Current liabilities:      
Accounts payable 55,040 43,935 61,177
Accrued expenses and other liabilities 21,417 20,183 23,830
Operating lease liabilities 35,650 39,355 38,541
Total current liabilities 113,645 152,672 123,548
Operating lease liabilities 77,589 95,085 99,222
Other liabilities 3,892 3,445 3,779
Total liabilities 273,270 261,205 306,946
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at November 1, 2025, February 1, 2025, and November 2, 2024, respectively 0 0 0
Common stock, no par value; 80,000,000; 100,000,000; and 100,000,000 shares authorized at November 1, 2025, February 1, 2025, and November 2, 2024, respectively; 22,461,383; 13,117,942; and 13,117,942, shares issued and outstanding at November 1, 2025, February 1, 2025, and November 2, 2024, respectively 188,227 177,543 177,310
Accumulated deficit (232,268) (196,560) (204,442)
Total shareholders’ deficit (44,041) (19,017) (27,132)
Total liabilities and shareholders’ deficit 229,229 242,188 279,814
Related Party [Member]      
Current liabilities:      
Current debt, net 1,538 0 0
Long-term debt, net 16,542 0 0
Nonrelated Party [Member]      
Current liabilities:      
Current debt, net 0 49,199 0
Long-term debt, net $ 61,602 $ 10,003 $ 80,397