Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
Nov. 03, 2019
Feb. 03, 2019
Current Assets    
Cash and cash equivalents $ 27,896,406 $ 49,070,952
Trade accounts receivable 8,581,102 3,955,124
Merchandise inventories 50,206,326 26,154,314
Prepaid expenses and other current assets 8,715,638 5,933,872
Total Current Assets 95,399,472 85,114,262
Property and Equipment, Net 21,838,589 18,595,079
Other Assets    
Goodwill 143,562 143,562
Intangible assets, net 1,200,274 942,331
Deferred financing costs, net 164,303 219,071
Total Other Assets 1,508,139 1,304,964
Total Assets 118,746,200 105,014,305
Current Liabilities    
Accounts payable 18,971,289 16,836,816
Accrued expenses 5,120,624 3,701,090
Payroll payable 3,385,340 2,269,834
Customer deposits 3,427,184 1,059,957
Sales taxes payable 893,917 750,922
Total Current Liabilities 31,798,354 24,618,619
Deferred Rent 2,498,124 1,594,179
Line of credit 31,373
Total Liabilities 34,296,478 26,244,171
Stockholders' Equity    
Preferred Stock $0.00001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of November 3, 2019 and February 3, 2019, respectively.
Common Stock $0.00001 par value, 40,000,000 shares authorized and 14,538,586 shares issued and outstanding as of November 3, 2019, and 13,588,568 shares issued and outstanding as of February 3, 2019, respectively. 145 136
Additional paid-in capital 168,028,472 141,727,807
Accumulated deficit (83,578,895) (62,957,809)
Stockholders' Equity 84,449,722 78,770,134
Total Liabilities and Stockholders' Equity $ 118,746,200 $ 105,014,305