v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 29, 2022
Jan. 29, 2022
Oct. 30, 2021
CURRENT ASSETS      
Cash and cash equivalents $ 769 $ 1,218 $ 1,754
Restricted cash 1,158 1,158 1,158
Accounts receivable 2,796 2,335 2,566
Merchandise inventory 37,353 29,277 30,248
Prepaid expenses and other current assets 706 649 760
Total current assets 42,782 34,637 36,486
Restricted cash 1,601 2,447 2,732
Fixed assets, net 2,140 2,335 2,251
Operating lease right-of-use assets 1,678 2,144 2,284
Cash Surrender Value 3,563 4,154 4,413
Other assets 682 965 1,074
TOTAL ASSETS 52,446 46,682 49,240
CURRENT LIABILITIES      
Accounts payable 12,648 6,271 6,743
Short-term borrowings 9,494 9,966 5,858
Accrued expenses and other current liabilities 1,962 2,362 2,685
Current portion of operating lease liabilities 634 649 636
Total current liabilities 24,738 19,248 15,922
Operating lease liabilities 1,253 1,608 1,764
Long-term debt 9,163 4,356 4,161
Other long-term liabilities 13,590 14,185 15,515
TOTAL LIABILITIES 48,744 39,397 37,362
SHAREHOLDERS' EQUITY      
Preferred stock ($0.01 par value; 5,000,000 shares authorized; none issued) 0 0 0
Common stock ($0.01 par value; 200,000,000 shares authorized; 5,321,985, 3,902,985 and 3,902,985 shares issued, respectively) 53 39 39
Additional paid-in capital 213,992 359,220 359,100
Treasury stock at cost (467,069, 1,410,378 and 1,410,378 shares, respectively) (76,132) (230,170) (230,170)
Accumulated other comprehensive loss (910) (910) (2,007)
Accumulated deficit (133,301) (120,894) (115,084)
TOTAL SHAREHOLDERS' EQUITY 3,702 7,285 11,878
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 52,446 $ 46,682 $ 49,240

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