Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2022
May 01, 2021
OPERATING ACTIVITIES:    
Net income loss $ (4,428) $ (1,416)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation of fixed assets 293 346
Amortization of intangible assets 0 257
Stock-based compensation 0 27
Interest on long-term debt 106 242
Amortization of ROU asset 154 147
Change in cash surrender value 354 (312)
Changes in operating assets and liabilities that provide (use) cash:    
Accounts receivable (392) (396)
Merchandise inventory (2,977) 1,949
Prepaid expenses and other current assets 92 (28)
Other long-term assets 93 113
Accounts payable 1,393 (3,211)
Accrued expenses and other current liabilities (140) 147
Other long-term liabilities (368) (378)
Net cash used in operating activities (5,820) (2,513)
INVESTING ACTIVITIES:    
Purchases of fixed assets (399) (444)
Net cash provided by (used in) investing activities (399) (444)
FINANCING ACTIVITIES:    
Proceeds from short term borrowings 542 0
Proceeds from long term borrowings 5,000 0
Proceeds from stock offering 0 12,231
Exercise of warrants 0 1
Payment of short term borrowings 0 (6,339)
Net cash provided by financing activities 5,542 5,893
Net decrease in cash, cash equivalents, and restricted cash (677) 2,936
Cash, cash equivalents, and restricted cash, beginning of period 4,823 6,555
Cash, cash equivalents, and restricted cash, end of period 4,146 9,491
Supplemental disclosures and non-cash investing and financing activities:    
Interest paid 202 153
Warrants issued with debt $ 1,633 $ 0