CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Aug. 01, 2026	Aug. 02, 2025
Current assets:
Cash and cash equivalents	$ 95,301	$ 113,952
Short-term investments	77,242	120,901
Inventory, net	122,707	118,370
Prepaid expenses and other current assets	53,058	20,649
Total current assets	348,308	373,872
Long-term investments	48,380	7,894
Property and equipment, net	40,440	43,199
Operating lease right-of-use assets	39,236	51,201
Other long-term assets	3,058	4,456
Total assets	479,422	480,622
Current liabilities:
Accounts payable	89,208	89,243
Operating lease liabilities	20,877	22,752
Accrued liabilities	109,767	76,348
Gift card liability	5,923	6,238
Deferred revenue	6,862	8,616
Other current liabilities	3,035	3,030
Total current liabilities	235,672	206,227
Operating lease liabilities, net of current portion	47,468	70,759
Other long-term liabilities	183	658
Total liabilities	283,323	277,644
Commitments and contingencies (Note 8)
Stockholders’ equity:
Additional paid-in capital	762,006	729,444
Accumulated other comprehensive income (loss)	(884)	(434)
Accumulated deficit	(508,598)	(495,992)
Treasury stock, at cost – $9,517,307 and $2,302,141 shares as of August 1, 2026, and August 2, 2025, respectively	(56,427)	(30,042)
Total stockholders’ equity	196,099	202,978
Total liabilities and stockholders’ equity	479,422	480,622
Class A Common Stock
Stockholders’ equity:
Common stock, value	1	1
Class B Common Stock
Stockholders’ equity:
Common stock, value	$ 1	$ 1

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).