Annual report [Section 13 and 15(d), not S-K Item 405]

Balance Sheets

v3.26.1
Balance Sheets - USD ($)
$ in Thousands
Feb. 01, 2026
Feb. 02, 2025
Current Assets    
Cash and cash equivalents $ 101,853 $ 83,734
Trade accounts receivable, net 11,733 16,781
Merchandise inventories, net 106,317 124,333
Prepaid expenses 10,473 14,807
Other current assets 6,260 6,942
Total Current Assets 236,636 246,597
Property and equipment, net 86,400 77,990
Operating lease right-of-use assets 163,322 157,750
Goodwill 144 144
Intangible assets, net 2,373 1,586
Deferred tax asset 13,387 15,277
Other assets 32,420 32,906
Total Assets 534,682 532,250
Current Liabilities    
Accounts payable 43,736 51,814
Accrued expenses 38,788 51,986
Payroll payable 21,936 9,501
Customer deposits 11,544 11,250
Current operating lease liabilities 24,111 22,662
Sales taxes payable 6,996 7,897
Total Current Liabilities 147,111 155,110
Operating lease liabilities, long-term 168,400 160,361
Income tax payable, long-term 464 424
Line of credit 0 0
Total Liabilities 315,975 315,895
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 February 1, 2026 and February 2, 2025. 0 0
Common stock $0.00001 par value, 40,000,000 shares authorized, 14,617,238 shares issued and outstanding as of February 1, 2026 and 14,786,934 shares issued and outstanding as of February 2, 2025. 0 0
Additional paid-in capital 194,843 190,510
Accumulated earnings 23,864 25,845
Stockholders’ Equity 218,707 216,355
Total Liabilities and Stockholders’ Equity $ 534,682 $ 532,250