Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.2
Condensed Consolidated Balance Sheets - USD ($)
May 05, 2019
Feb. 03, 2019
Current Assets    
Cash and cash equivalents $ 35,711,749 $ 49,070,952
Trade accounts receivable 4,999,027 3,955,124
Merchandise inventories 30,916,754 26,154,314
Prepaid expenses and other current assets 6,343,493 5,933,872
Total Current Assets 77,971,023 85,114,262
Property and Equipment, Net 19,462,332 18,595,079
Other Assets    
Goodwill 143,562 143,562
Intangible assets, net 970,196 942,331
Deferred financing costs, net 206,900 219,071
Total Other Assets 1,320,658 1,304,964
Total Assets 98,754,013 105,014,305
Current Liabilities    
Accounts payable 19,754,938 16,836,816
Accrued expenses 2,618,049 3,701,090
Payroll payable 3,077,339 2,269,834
Customer deposits 1,331,493 1,059,957
Sales taxes payable 635,455 750,922
Total Current Liabilities 27,417,274 24,618,619
Deferred Rent 1,605,951 1,594,179
Line of Credit 31,373
Total Liabilities 29,023,225 26,244,171
Stockholders' Equity    
Preferred Stock $0.00001 par value, 10,000,000 shares authorized, no shares issued as of May 5, 2019 and February 3, 2019.
Common Stock $0.00001 par value, 40,000,000 shares authorized, and 13,752,035 shares issued and outstanding as of May 5, 2019, and 13,588,568 shares issued and outstanding as of February 3, 2019. 138 136
Additional paid-in capital 141,790,236 141,727,807
Accumulated deficit (72,059,586) (62,957,809)
Stockholders' Equity 69,730,788 78,770,134
Total Liabilities and Stockholders' Equity $ 98,754,013 $ 105,014,305