v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 29, 2022
Jan. 30, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 1,218 $ 1,809
Restricted cash 1,158 1,184
Accounts receivable 2,335 2,718
Merchandise inventory 29,277 24,515
Prepaid expenses and other current assets 649 564
Total current assets 34,637 30,790
Restricted cash 2,447 3,562
Fixed assets, net 2,335 2,268
Operating lease right-of-use assets 2,144 2,742
Intangible assets, net 0 732
Cash surrender value 4,154 3,856
Other assets 965 1,342
TOTAL ASSETS 46,682 45,292
CURRENT LIABILITIES    
Accounts payable 6,271 8,894
Short-term borrowings 9,966 6,339
Accrued expenses and other current liabilities 2,362 2,512
Current portion of operating lease liabilities 649 596
Current portion of PPP Loan 0 1,687
Total current liabilities 19,248 20,028
Operating lease liabilities 1,608 2,258
PPP Loan 0 330
Long-term debt 4,356 5,000
Other long-term liabilities 14,185 16,187
TOTAL LIABILITIES 39,397 43,803
SHAREHOLDERS' EQUITY    
Preferred stock ($0.01 par value; 5,000,000 shares authorized; none issued) 0 0
Common stock ($0.01 par value; 200,000,000 shares authorized; 3,902,985 shares and 3,336,576 shares issued, respectively) 39 33
Additional paid-in capital 359,220 346,495
Treasury stock at cost (1,410,417 shares and 1,410,378 shares, respectively) (230,170) (230,169)
Accumulated other comprehensive loss (910) (2,007)
Accumulated deficit (120,894) (112,863)
TOTAL SHAREHOLDERS' EQUITY 7,285 1,489
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 46,682 $ 45,292

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