Subsequent Event |
6 Months Ended |
|---|---|
Aug. 03, 2024 | |
| Subsequent Events [Abstract] | |
| Subsequent Event | 13. Subsequent Events On August 20, 2024, subsequent to the end of the twenty-six weeks ended August 3, 2024, the Company issued 3,317,488 shares of common stock following the exercise of 3,318,443 warrants. The exercise price of the warrants was net share settled as specified in the Warrant Agreement. As a result of this transaction, the number of shares outstanding increased to 15,084,356 and the number of warrants outstanding decreased to 255,265. As the exercise of the warrants is near certain due to its non-substantive exercise price in relation to the fair value of the common shares issuable upon exercise, the exercise of these warrants has no impact on net income per common share, both basic and diluted. On August 28, 2024, the Board declared a cash dividend of $0.07 per share, payable on October 2, 2024 to all stockholders of record as of September 18, 2024. |