Quarterly report pursuant to Section 13 or 15(d)

Condensed Statement of Cash Flows

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Condensed Statement of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
May 05, 2024
Apr. 30, 2023
Cash Flows from Operating Activities    
Net loss $ (12,960) $ (4,115)
Adjustments to reconcile net loss to cash (used in) provided by operating activities:    
Depreciation and amortization of property and equipment 3,391 2,697
Amortization of other intangible assets 111 125
Amortization of deferred financing fees 36 42
Net loss on disposal of property and equipment 43 0
Equity based compensation 1,152 747
Non-cash lease expense 6,104 5,315
Deferred income taxes (4,185) (1,282)
Change in operating assets and liabilities:    
Trade accounts receivable 6,287 (9,344)
Merchandise inventories 3,727 15,169
Prepaid expenses and other current assets (1,067) 4,221
Other assets (1,685) (3,007)
Accounts payable and accrued expenses (7,931) (10,378)
Operating lease liabilities (3,874) (2,511)
Customer deposits 3,837 8,612
Net cash (used in) provided by operating activities (7,014) 6,291
Cash Flows from Investing Activities    
Purchase of property and equipment (7,296) (4,177)
Payments for patents and trademarks (8) 0
Net cash used in investing activities (7,304) (4,177)
Cash Flows from Financing Activities    
Taxes paid for net share settlement of equity awards (356) (470)
Payment of deferred financing costs 0 (52)
Net cash used in financing activities (356) (522)
Net change in cash and cash equivalents (14,674) 1,592
Cash and cash equivalents - Beginning 87,036 43,533
Cash and cash equivalents - Ending 72,362 45,125
Supplemental Cash Flow Data:    
Cash paid for taxes 10 0
Cash paid for interest 30 30
Non-cash investing activities:    
Asset acquisitions not yet paid for at period end $ 2,142 $ 4,994