v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jul. 31, 2021
Aug. 01, 2020
OPERATING ACTIVITIES:    
Net loss $ (7,759,000) $ (5,774,000)
Adjustments to reconcile net loss to net cash provided by (used for) operating activities:    
Depreciation and amortization 16,888,000 10,745,000
Share-based payment compensation 1,435,000 723,000
Payments for television broadcast rights (14,055,000) (1,196,000)
Amortization of deferred financing costs 93,000 98,000
Loss on debt extinguishment 654,000  
Changes in operating assets and liabilities:    
Accounts receivable, net 5,183,000 5,457,000
Inventories (2,730,000) 17,236,000
Deferred revenue 148,000 73,000
Prepaid expenses and other (6,893,000) 1,684,000
Accounts payable and accrued liabilities (28,992,000) (7,773,000)
Net cash (used for) provided by operating activities (36,028,000) 21,273,000
INVESTING ACTIVITIES:    
Property and equipment additions (5,167,000) (2,527,000)
Acquisitions (23,500,000)  
Vendor exclusivity deposit (6,000,000)  
Net cash used for investing activities (34,667,000) (2,527,000)
FINANCING ACTIVITIES:    
Proceeds from issuance of revolving loan 47,245,000 5,900,000
Proceeds from issuance of common stock 61,368,000 4,000,000
Proceeds from issuance of term loan 28,500,000  
Payments on revolving loan (41,000,000) (18,800,000)
Payments on term loan (12,440,000) (1,357,000)
Payments for common stock issuance costs 0 (17,000)
Payments on finance leases (54,000) (49,000)
Payments for restricted stock issuance (262,000) (7,000)
Payments for deferred financing costs (4,632,000)  
Payments for debt extinguishment costs (405,000)  
Net cash provided by (used for) financing activities 78,320,000 (10,330,000)
Net increase in cash and restricted cash 7,625,000 8,416,000
BEGINNING CASH AND RESTRICTED CASH 15,485,000 10,287,000
ENDING CASH AND RESTRICTED CASH 23,110,000 18,703,000
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 2,388,000 2,214,000
Income taxes paid 61,000 80,000
Television broadcast rights obtained in exchange for liabilities 55,647,000 30,633,000
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Property and equipment purchases included in accounts payable 221,000 302,000
Other long term liability issued in exchange for acquired assets 10,000,000  
Common stock issuance costs included in accrued liabilities 122,000 173,000
Equipment acquired through finance lease obligations $ 0 $ 34,000

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