v3.23.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 28, 2023
Jan. 29, 2022
OPERATING ACTIVITIES:    
Net loss $ (19,044) $ (8,031)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation of fixed assets 1,234 1,364
Amortization of intangible assets 0 732
Amortization of right-of-use asset 639 598
Stock based compensation 206 447
Warrant proceeds amortization to interest 1,028 232
Interest on long term debt 1,215 722
Forgiveness of PPP Loan 0 (1,963)
Change in cash surrender value 783 (298)
Changes in operating assets and liabilities that provide (use) cash:    
Accounts receivable 581 382
Merchandise inventory 2,574 (4,762)
Prepaid expenses and other current assets (565) (84)
Other long-term assets 399 376
Accounts payable 774 (2,622)
Accrued expenses and other current liabilities 269 (74)
Other long-term liabilities (1,375) (1,553)
Net cash used in operating activities (11,282) (14,534)
INVESTING ACTIVITIES:    
Purchases of fixed assets (898) (1,431)
Net cash provided by (used in) investing activities (898) (1,431)
FINANCING ACTIVITIES:    
Payments of (proceeds from) long term borrowings 5,000 (1,600)
Payments of (proceeds from) PPP Loan 0 (76)
Proceeds from short term borrowings 0 9,966
Payments of short-term borrowings (1,154) (6,339)
Proceeds from stock offering 7,137 12,231
Exercise of stock options 0 51
Net cash provided by financing activities 10,983 14,233
Net decrease in cash, cash equivalents, and restricted cash (1,197) (1,732)
Cash, cash equivalents, and restricted cash, beginning of year 4,823 6,555
Cash, cash equivalents, and restricted cash, end of year 3,626 4,823
Supplemental disclosures and non-cash investing and financing activities:    
Interest paid 772 480
Warrants issued with debt $ 1,633 $ 0

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