v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 30, 2022
Jul. 31, 2021
Jul. 30, 2022
Jul. 31, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 133,233 $ 113,442 $ 287,778 $ 226,644
Cost of sales 84,820 65,456 178,028 132,651
Gross profit 48,413 47,986 109,750 93,993
Operating expense:        
Distribution and selling 36,740 35,357 79,889 69,605
General and administrative 9,986 7,387 23,633 13,822
Depreciation and amortization 7,749 7,611 18,643 14,986
Restructuring costs 2,779   2,939  
Total operating expense 57,254 50,355 125,104 98,413
Operating loss (8,841) (2,369) (15,354) (4,420)
Other income (expense):        
Interest income and other 42 39 210 39
Interest expense (4,040) (1,381) (9,894) (2,694)
Change in fair value of contract liability 1,937   1,937  
Loss on divestiture (985)   (985)  
Loss on debt extinguishment (884) (654) (884) (654)
Total other expense, net (3,930) (1,997) (9,616) (3,309)
Loss before income taxes (12,771) (4,366) (24,970) (7,729)
Income tax provision (16) (15) (32) (30)
Net loss (12,787) (4,381) (25,002) (7,759)
Less: Net loss attributable to non-controlling interest (96) (132) (415) (282)
Net loss attributable to shareholders $ (12,691) $ (4,249) $ (24,587) $ (7,476)
Net loss per common share $ (0.48) $ (0.23) $ (1.02) $ (0.45)
Net loss per common share - assuming dilution $ (0.48) $ (0.23) $ (1.02) $ (0.45)
Weighted average number of common shares outstanding:        
Basic 26,662,037 19,101,652 24,181,920 17,314,317
Diluted 26,662,037 19,101,652 24,181,920 17,314,317

Source