v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Aug. 01, 2021
Jan. 31, 2021
Current Assets    
Cash and cash equivalents $ 68,487,569 $ 78,341,101
Trade accounts receivable 7,363,359 4,513,460
Merchandise inventories 74,991,843 50,416,712
Prepaid expenses and other current assets 10,602,702 10,128,353
Total Current Assets 161,445,473 143,399,626
Property and equipment, net 29,530,483 25,867,980
Operating lease right-of-use assets 88,900,462
Other Assets    
Goodwill 143,562 143,562
Intangible assets, net 1,189,013 1,517,032
Deferred financing costs, net 45,335 90,671
Total Other Assets 1,377,910 1,751,265
Total Assets 281,254,328 171,018,871
Current Liabilities    
Accounts payable 25,888,209 24,310,972
Accrued expenses 19,867,021 17,187,694
Payroll payable 4,821,714 6,361,677
Customer deposits 13,365,940 5,992,633
Current operating lease liabilities 14,536,004  
Sales taxes payable 2,139,824 2,470,593
Total Current Liabilities 80,618,712 56,323,569
Deferred Rent   6,748,747
Operating Lease Liability, long-term 83,707,124  
Line of Credit 115
Total Liabilities 164,325,951 63,072,316
Stockholders’ Equity    
Preferred Stock $0.00001 par value, 10,000,000 shares authorized, no shares issued or outstanding as of August 1, 2021 and January 31, 2021.
Common Stock $.00001 par value, 40,000,000 shares authorized, 15,105,826 shares issued and outstanding as of August 1, 2021 and 15,011,556 shares issued and outstanding as of January 31, 2021. 151 150
Additional paid-in capital 169,855,660 171,382,086
Accumulated deficit (52,927,434) (63,435,681)
Stockholders’ Equity 116,928,377 107,946,555
Total Liabilities and Stockholders’ Equity $ 281,254,328 $ 171,018,871

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