Stock-Based Compensation (Tables)

6 Months Ended

Aug. 01, 2026

Share-Based Payment Arrangement [Abstract]

The following tables summarize the share activity and stock option activity for the first six months of fiscal 2026:


	RSUs (1)			Deferred Shares (2)		Performance Share Units (3)		Fully-Vested Shares (4)			Total Number of Shares			Weighted- Average Grant-Date Fair Value
Shares
Outstanding non-vested shares at beginning of year		1,245,002			589,357		573,000		—			2,407,359		$	2.56
Shares granted		—			111,447		—		311,280			422,727		$	0.65
Shares vested and/or issued		(406,963	)		—		—		(311,280	)		(718,243	)	$	1.89
Shares expired		—			—		—		—			—			—
Shares forfeited		(7,574	)		—		—		—			(7,574	)	$	1.80
Outstanding non-vested shares at end of quarter		830,465			700,804		573,000		—			2,104,269		$	2.41
Vested and expected to vest at end of year		830,465			700,804		—		—			1,531,269		$	1.74

(1)

As a result of net share settlements, of the 406,963 RSUs that vested, 293,100 shares of common stock were issued.

(2)

The 111,447 shares of deferred stock, with a fair value of $72,499, represent director compensation in lieu of cash in accordance with the director's irrevocable election. The shares of deferred stock will be issued upon the earlier of the director's separation from service or a change in control.

(3)

On August 11, 2023, the Company granted 573,000 performance stock units (“PSUs”) in connection with the extension of Mr. Kanter's employment agreement. The award consisted of nine tranches, with the first tranche vesting if and when the 30-day volume-weighted closing price of the Company's common stock was equal to or greater than $6.50 per share. Each subsequent tranche would vest upon achievement of the 30-day volume-weighted closing price of the Company's common stock in $0.25 increments with the ninth tranche vesting when such price was equal to or greater than $8.50 per share. On August 11, 2026, all 573,000 PSUs expired, unvested.

(4)

Represented compensation, with a fair value of $202,496, to certain directors, who are required to receive shares in lieu of cash, in order to satisfy their minimum equity ownership under the Non-Employee Director Compensation Plan. Voluntary shares received, in lieu of cash, are reported below under Non-Employee Director Compensation Plan.

Stock Option Activity


	Number of Shares		Weighted- Average Exercise Price Per Option		Weighted- Average Remaining Contractual Term		Aggregate Intrinsic Value (000's)
Stock Options
Outstanding options at beginning of year		2,961,292	$	0.64		—	$	263
Options granted		—		—		—		—
Options exercised		—		—		—		—
Options expired		—		—		—		—
Options forfeited		—		—		—		—
Outstanding options at end of quarter		2,961,292	$	0.64	4.1 years		$	56
Options exercisable at end of quarter		2,961,292	$	0.64	4.1 years		$	56