Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2023
Jan. 29, 2023
Current Assets    
Cash and cash equivalents $ 45,125 $ 43,533
Trade accounts receivable 18,447 9,469
Merchandise inventories, net 106,819 119,962
Prepaid expenses and other current assets 17,306 21,077
Total Current Assets 187,697 194,041
Property and equipment, net 59,219 52,904
Operating lease right-of-use assets 142,463 138,271
Other Assets    
Goodwill 144 144
Intangible assets, net 1,445 1,411
Deferred tax asset 10,750 9,420
Other assets 26,318 21,863
Total Other Assets 38,657 32,838
Total Assets 428,036 418,054
Current Liabilities    
Accounts payable 32,165 24,576
Accrued expenses 16,765 23,392
Payroll payable 6,582 6,783
Customer deposits 15,372 6,760
Current operating lease liabilities 22,160 21,898
Sales taxes payable 3,878 5,430
Total Current Liabilities 96,922 88,839
Operating Lease Liabilities, long-term 141,868 135,955
Line of Credit 0 0
Total Liabilities 238,790 224,794
Commitments and Contingencies (see Note 6)
Stockholders’ Equity    
Preferred Stock $0.00001 par value, 10,000,000 shares authorized, no shares issued or outstanding as of April 30, 2023 and January 29, 2023. 0 0
Common Stock $.00001 par value, 40,000,000 shares authorized, 15,217,120 shares issued and outstanding as of April 30, 2023 and 15,195,698 shares issued and outstanding as of January 29, 2023. 0 0
Additional paid-in capital 182,770 182,554
Accumulated earnings 6,476 10,706
Stockholders’ Equity 189,246 193,260
Total Liabilities and Stockholders’ Equity $ 428,036 $ 418,054