v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
Aug. 02, 2020
Feb. 02, 2020
Current Assets    
Cash and cash equivalents $ 54,835,258 $ 48,538,827
Trade accounts receivable 6,227,521 7,188,925
Merchandise inventories 41,014,621 36,399,862
Prepaid expenses and other current assets 5,692,646 8,050,122
Total Current Assets 107,770,046 100,177,736
Property and Equipment, Net 25,741,024 23,844,261
Other Assets    
Goodwill 143,562 143,562
Intangible assets, net 1,541,754 1,352,161
Deferred financing costs, net 136,006 146,047
Total Other Assets 1,821,322 1,641,770
Total Assets 135,332,392 125,663,767
Current Liabilities    
Accounts payable 24,482,861 19,887,611
Accrued expenses 11,068,235 8,567,580
Payroll payable 2,539,602 887,415
Customer deposits 9,095,033 1,653,597
Sales taxes payable 858,688 1,404,792
Total Current Liabilities 48,044,419 32,400,995
Deferred rent 5,468,358 3,108,245
Line of credit
Total Liabilities 53,512,777 35,509,240
Stockholders’ Equity    
Preferred Stock $0.00001 par value, 10,000,000 shares authorized, no shares issued or outstanding as of August 2, 2020 and February 2, 2020.
Common Stock $.00001 par value, 40,000,000 shares authorized, 14,527,579 shares issued and outstanding as of August 2, 2020 and 14,472,611 shares issued and outstanding as of February 2, 2020. 145 145
Additional paid-in capital 169,436,973 168,317,210
Accumulated deficit (87,617,503) (78,162,828)
Stockholders’ Equity 81,819,615 90,154,527
Total Liabilities and Stockholders’ Equity $ 135,332,392 $ 125,663,767

Source