Annual report pursuant to Section 13 and 15(d)

Operations and Significant Accounting Policies (Tables)

v3.20.1
Operations and Significant Accounting Policies (Tables)
 12 Months Ended
Feb. 02, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of net sales
  For the fiscal years ended  
    February 2,
2020		     February 3,
2019		  
Showrooms   $ 148,003,995     $ 113,105,029  
Internet     55,781,186       33,024,079  
Other     29,592,198       19,752,189  
Total net sales   $ 233,377,379     $ 165,881,297  
Schedule of accounts receivable
    As of
February 2,
2020		     As of
February 3,
2019		  
Credit card receivables   $ 1,073,855     $ 838,373  
Wholesale receivables     4,724,154       2,850,000  
Other receivables     1,390,916       266,751  
    $ 7,188,925     $ 3,955,124  
Schedule of loss per share
    For the year ended
February 2,
2020		     For the year ended
February 3,
2019		  
Numerator:            
Net loss - Basic and diluted   $ (15,205,019 )   $ (6,704,356 )
Preferred dividends and deemed dividends     -       (27,832,998 )
Net loss attributable to common shares     (15,205,019 )     (34,537,354 )
                 
Denominator:                
Weighted average number of common shares for basic and diluted net loss per share     14,260,395       10,536,721  
Basic and diluted net loss per share   $ (1.07 )   $ (3.28 )