Lovesac Co LOVE Balance Sheet

Lovesac co (LOVE)

Balance Sheet / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Oct'18	Jul'18	Feb'18	Jan'18
Assets
Current Assets
Cash and cash equivalents
48,538	27,896	44,202	35,711	49,070	44,683	48,212	9,175	9,175
Trade accounts receivable
7,188	8,581	5,580	4,999	3,955	2,913	4,034	2,805	2,805
Merchandise inventories
36,399	50,206	40,656	30,916	26,154	24,618	20,239	11,641	11,641
Prepaid expenses and other current assets
8,050	8,715	7,032	6,343	5,933	6,253	5,794	6,062	6,062
Total Current Assets
100,177	95,399	97,472	77,971	85,114	78,469	78,280	29,685	29,685
Property and Equipment, Net
23,844	21,838	20,431	19,462	18,595	17,092	15,714	11,037	11,037
Other Assets
Goodwill
143	143	143	143	143	143	143	143	143
Intangible assets, net
1,352	1,200	1,075	970	942	828	691	526	526
Deferred financing costs, net
146	164	182	206	219	237	255	48	48
Total Other Assets
1,641	1,508	1,401	1,320	1,304	1,209	1,090	718	718
Total Assets
125,663	118,746	119,306	98,754	105,014	96,771	95,085	41,440	41,440
Liabilities and Stockholders' Equity
Current Liabilities
Accounts payable
19,887	18,971	17,670	19,754	16,836	16,869	15,299	12,695	12,695
Accrued expenses
8,567	5,120	4,950	2,618	3,701	2,864	1,738	784	784
Payroll payable
887	3,385	2,233	3,077	2,269	2,151	1,354	1,454	1,454
Customer deposits
1,653	3,427	-	-	1,059	-	-	-	-
Customer deposits
-	-	1,553	1,331	-	2,525	2,199	909	909
Sales taxes payable
1,404	893	645	635	750	663	950	894	894
Line of credit
-	-	-	-	-	0	0	0	0
Total Current Liabilities
32,400	31,798	27,053	27,417	24,618	25,072	21,542	16,739	16,739
Deferred rent
3,108	2,498	1,682	1,605	1,594	1,445	1,315	1,063	1,063
Line of credit
-	-	-	-	31	-	-	-	-
Total Liabilities
35,509	34,296	28,736	29,023	26,244	26,518	22,857	17,802	17,802
Stockholders' Equity
Preferred Stock $.00001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of February 2, 2020 and February 3, 2019.
-	-	-	-	-	0	0	0	0
Common Stock $.00001 par value, 40,000,000 shares authorized, 14,472,611 shares issued and outstanding as of February 2, 2020 and 13,588,568 shares issued and outstanding as of February 3, 2019.
0	0	0	0	0	0	0	0	0
Additional paid-in capital
168,317	168,028	167,399	141,790	141,727	141,650	141,134	79,891	79,891
Accumulated deficit
-78,162	-83,578	-76,830	-72,059	-62,957	-71,396	-68,906	-56,253	-56,253
Stockholders' Equity
90,154	84,449	90,569	69,730	78,770	70,253	72,228	23,638	23,638
Total Liabilities and Stockholders' Equity
125,663	118,746	119,306	98,754	105,014	96,771	95,085	41,440	41,440