Quarterly report [Sections 13 or 15(d)]

Condensed Statement of Cash Flows

v3.26.1
Condensed Statement of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
May 03, 2026
May 04, 2025
Cash Flows from Operating Activities    
Net loss $ (11,093) $ (10,840)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization of property and equipment 4,081 3,545
Amortization of other intangible assets 100 68
Amortization of deferred financing fees 15 19
Net loss on disposal of property and equipment 38 21
Equity based compensation 2,100 2,501
Non-cash lease expense 7,205 6,684
Deferred income taxes (5,652) (3,637)
Change in operating assets and liabilities:    
Trade accounts receivable (1,425) 3,759
Merchandise inventories (2,950) (593)
Prepaid expenses and other current assets (2,850) 5,137
Other assets 332 935
Accounts payable 738 (27,228)
Accrued expenses and other payables (21,944) (15,720)
Operating lease liabilities (6,831) (6,417)
Customer deposits 2,780 389
Net cash used in operating activities (35,356) (41,377)
Cash Flows from Investing Activities    
Purchase of property and equipment (5,030) (8,577)
Payments for patents and trademarks (285) (124)
Net cash used in investing activities (5,315) (8,701)
Cash Flows from Financing Activities    
Taxes paid for net share settlement of equity awards (1,820) (744)
Repurchases of common stock (2,364) (6,000)
Payment of deferred financing costs 0 (12)
Net cash used in financing activities (4,184) (6,756)
Net change in cash and cash equivalents (44,855) (56,834)
Cash and cash equivalents - Beginning 101,853 83,734
Cash and cash equivalents - Ending 56,998 26,900
Supplemental Cash Flow Data:    
Cash paid for taxes 20 0
Cash paid for interest 30 40
Non-cash investing and financing activities:    
Asset acquisitions not yet paid for at period end 1,282 519
Leasehold improvements acquired through lease incentive 0 1,824
Excise tax on share repurchases, accrued but not paid $ 0 $ 58