Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2023
Jan. 29, 2023
Current Assets    
Cash and cash equivalents $ 45,125 $ 43,533
Trade accounts receivable 18,447 9,103
Merchandise inventories, net 104,458 119,627
Prepaid expenses and other current assets 13,432 15,452
Total Current Assets 181,462 187,715
Property and equipment, net 59,219 52,904
Operating lease right-of-use assets 143,609 135,411
Other Assets    
Goodwill 144 144
Intangible assets, net 1,445 1,411
Deferred tax asset 9,959 8,677
Other assets 25,371 22,364
Total Other Assets 36,919 32,596
Total Assets 421,209 408,626
Current Liabilities    
Accounts payable 30,097 24,576
Accrued expenses 16,265 25,417
Payroll payable 6,582 6,783
Customer deposits 15,372 6,760
Current operating lease liabilities 16,933 13,075
Sales taxes payable 3,878 5,430
Total Current Liabilities 89,127 82,041
Operating Lease Liabilities, long-term 142,826 133,491
Line of Credit 0 0
Total Liabilities 231,953 215,532
Commitments and Contingencies (see Note 7)
Stockholders’ Equity    
Preferred Stock $0.00001 par value, 10,000,000 shares authorized, no shares issued or outstanding as of April 30, 2023 and January 29, 2023. 0 0
Common Stock $.00001 par value, 40,000,000 shares authorized, 15,217,120 shares issued and outstanding as of April 30, 2023 and 15,195,698 shares issued and outstanding as of January 29, 2023. 0 0
Additional paid-in capital 182,831 182,554
Accumulated earnings 6,425 10,540
Stockholders’ Equity 189,256 193,094
Total Liabilities and Stockholders’ Equity $ 421,209 $ 408,626