Net sales for the thirteen weeks ended May 3, 2025, decreased by 7.1% to $107.6 million, down from $115.9 million in the prior year period. Total comparable net sales, including physical stores and e-commerce, declined by 7.0% compared to a 9.4% decrease in the same period last year. Gross profit fell to $21.3 million (19.8% of net sales) from $24.3 million (21.0% of net sales) in the prior year, primarily due to deleveraging of buying, distribution, and occupancy costs against lower sales. Selling, general and administrative (SG&A) expenses were $44.0 million (40.9% of net sales), compared to $45.1 million (38.9% of net sales) last year, increasing as a percentage of sales despite a dollar decrease. Operating loss widened to $22.7 million (21.1% of net sales) from $20.8 million (17.9% of net sales) in the comparable period. Net loss increased to $22.2 million, or $0.74 per diluted share, compared to a net loss of $19.6 million, or $0.65 per diluted share, in the prior year. The company ended the quarter with 238 stores, down from 246 stores at the end of the first quarter last year. Net cash used in operating activities improved significantly to $8.1 million from $25.7 million in the prior year, driven by efficient inventory management and payment timing. Working capital decreased to $10.5 million at May 3, 2025, from $31.6 million at February 1, 2025. Marketable securities decreased from $48.1 million at May 4, 2024, to $9.97 million at May 3, 2025.