$LVLU
Lulu's Fashion Lounge Holdings, Inc.

2022 Q1 Form 10-K Financial Statement

#000155837022004959 Filed on March 31, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2022 2021 Q1
Revenue $96.76M $375.6M $54.53M
YoY Change 77.45% 51.06%
Cost Of Revenue $53.33M $198.9M $31.16M
YoY Change 71.16% 43.75%
Gross Profit $43.43M $176.7M $23.37M
YoY Change 85.85% 60.24%
Gross Profit Margin 44.88% 47.05% 42.86%
Selling, General & Admin $47.95M $154.4M $24.89M
YoY Change 92.65% 34.29%
% of Gross Profit 110.4% 87.36% 106.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $712.0K $2.828M $771.0K
YoY Change -7.65% -12.06%
% of Gross Profit 1.64% 1.6% 3.3%
Operating Expenses $47.95M $154.4M $24.89M
YoY Change 92.65% 34.29%
Operating Profit -$4.518M $22.34M -$1.520M
YoY Change 197.24% -577.82%
Interest Expense -$1.738M $12.77M -$4.140M
YoY Change -58.02% -20.35%
% of Operating Profit 57.19%
Other Income/Expense, Net $11.00K -$14.08M $50.00K
YoY Change -78.0% -11.44%
Pretax Income -$7.637M $8.257M -$5.610M
YoY Change 36.13% -140.13%
Income Tax $1.137M $6.212M -$1.460M
% Of Pretax Income 75.23%
Net Earnings -$8.774M $2.045M -$4.150M
YoY Change 111.42% -110.59% 242.41%
Net Earnings / Revenue -9.07% 0.54% -7.61%
Basic Earnings Per Share -$6.08
Diluted Earnings Per Share -$228.5K -$6.08 -$108.0K
COMMON SHARES
Basic Shares Outstanding 38.42M 20.23M
Diluted Shares Outstanding 20.23M

Balance Sheet

Concept 2022 Q1 2022 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.40M $11.40M
YoY Change -26.69%
Cash & Equivalents $11.40M $11.40M $15.55M
Short-Term Investments
Other Short-Term Assets $9.118M $9.118M $631.0K
YoY Change 1345.01% 141.28%
Inventory $22.18M $22.18M $16.90M
Prepaid Expenses
Receivables $5.649M $5.649M $3.832M
Other Receivables $748.0K $748.0K
Total Short-Term Assets $49.09M $49.09M $42.80M
YoY Change 14.71% 14.71%
LONG-TERM ASSETS
Property, Plant & Equipment $3.231M $3.231M $3.090M
YoY Change 4.56% 4.56%
Goodwill $35.43M $35.43M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.763M $5.269M $2.453M
YoY Change 94.17% 78.13%
Total Long-Term Assets $64.68M $64.68M $62.28M
YoY Change 3.86% 3.86%
TOTAL ASSETS
Total Short-Term Assets $49.09M $49.09M $42.80M
Total Long-Term Assets $64.68M $64.68M $62.28M
Total Assets $113.8M $113.8M $105.1M
YoY Change 8.28% 8.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.227M $4.227M $7.161M
YoY Change -40.97% -40.97%
Accrued Expenses $17.33M $17.33M
YoY Change 284.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $0.00 $10.13M
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $43.15M $43.15M $41.27M
YoY Change 4.55% 4.55%
LONG-TERM LIABILITIES
Long-Term Debt $25.00M $25.00M $96.86M
YoY Change -74.19% -74.19%
Other Long-Term Liabilities $1.108M $1.108M $2.504M
YoY Change -55.75% -55.75%
Total Long-Term Liabilities $1.108M $26.11M $99.36M
YoY Change -98.88% -73.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $43.15M $43.15M $41.27M
Total Long-Term Liabilities $1.108M $26.11M $99.36M
Total Liabilities $69.25M $69.25M $140.6M
YoY Change -50.75% -50.75%
SHAREHOLDERS EQUITY
Retained Earnings -$177.6M -$179.6M
YoY Change -1.14%
Common Stock $38.00K $18.00K
YoY Change 111.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $44.52M $44.52M -$169.0M
YoY Change
Total Liabilities & Shareholders Equity $113.8M $113.8M $105.1M
YoY Change 8.28% 8.28%

Cashflow Statement

Concept 2022 Q1 2022 2021 Q1
OPERATING ACTIVITIES
Net Income -$8.774M $2.045M -$4.150M
YoY Change 111.42% -110.59% 242.41%
Depreciation, Depletion And Amortization $712.0K $2.828M $771.0K
YoY Change -7.65% -12.06%
Cash From Operating Activities -$14.89M $26.90M -$16.32M
YoY Change -8.77% 453.87%
INVESTING ACTIVITIES
Capital Expenditures -$1.382M $1.447M -$363.0K
YoY Change 280.72% 106.71%
Acquisitions
YoY Change
Other Investing Activities -$425.0K $425.0K $58.00K
YoY Change -832.76% -808.33%
Cash From Investing Activities -$1.807M -$3.394M -$305.0K
YoY Change 492.46% 77.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $109.6M
YoY Change 4230.62%
Cash From Financing Activities -12.83M -27.65M -3.722M
YoY Change 244.57% -509.37%
NET CHANGE
Cash From Operating Activities -14.89M 26.90M -16.32M
Cash From Investing Activities -1.807M -3.394M -305.0K
Cash From Financing Activities -12.83M -27.65M -3.722M
Net Change In Cash -29.52M -4.151M -20.35M
YoY Change 45.07% -142.8%
FREE CASH FLOW
Cash From Operating Activities -$14.89M $26.90M -$16.32M
Capital Expenditures -$1.382M $1.447M -$363.0K
Free Cash Flow -$13.51M $25.45M -$15.96M
YoY Change -15.36% 512.34%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--01-02
CY2022Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2021Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q1 us-gaap Preferred Stock Value
PreferredStockValue
CY2021Q1 us-gaap Preferred Stock Value
PreferredStockValue
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2045000
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-19304000
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-469000
CY2022 dei Entity Central Index Key
EntityCentralIndexKey
0001780201
CY2022 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2022 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
38421124
CY2022 dei Amendment Flag
AmendmentFlag
false
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2022 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2022 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2022 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2021Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2021Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17462283
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
38421124
CY2021Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17462283
CY2022 dei Document Type
DocumentType
10-K
CY2022 dei Document Annual Report
DocumentAnnualReport
true
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-02
CY2022Q1 lvlu Stored Value Card Liability
StoredValueCardLiability
7240000
CY2021Q1 lvlu Stored Value Card Liability
StoredValueCardLiability
4973000
CY2022 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-8442468
CY2022 dei Document Transition Report
DocumentTransitionReport
false
CY2022 dei Entity File Number
EntityFileNumber
001-41059
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3090000
CY2022 dei Entity Address Address Line1
EntityAddressAddressLine1
195 Humboldt Avenue
CY2022 dei Entity Registrant Name
EntityRegistrantName
Lulu’s Fashion Lounge Holdings, Inc.
CY2022 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2022 dei Entity Address City Or Town
EntityAddressCityOrTown
Chico
CY2022 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2022Q1 us-gaap Goodwill
Goodwill
35430000
CY2022 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
95928
CY2021Q1 us-gaap Goodwill
Goodwill
35430000
CY2022Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
18509000
CY2021Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
18509000
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2244000
CY2022Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
506000
CY2021Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
505000
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3231000
CY2022 dei City Area Code
CityAreaCode
530
CY2022 dei Local Phone Number
LocalPhoneNumber
343-3545
CY2022 dei Security12b Title
Security12bTitle
Common stock, $0.001 par value per share
CY2022 dei Trading Symbol
TradingSymbol
LVLU
CY2022 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2022 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2022 dei Entity Small Business
EntitySmallBusiness
false
CY2022 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2022 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2022 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2022 dei Entity Shell Company
EntityShellCompany
false
CY2021Q3 dei Entity Public Float
EntityPublicFloat
0
CY2022Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
38421124
CY2022 dei Auditor Firm
AuditorFirmId
34
CY2022 dei Auditor Location
AuditorLocation
San Francisco, California
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11402000
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15554000
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
5649000
CY2021Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3832000
CY2022Q1 us-gaap Inventory Net
InventoryNet
22176000
CY2021Q1 us-gaap Inventory Net
InventoryNet
16895000
CY2022Q1 lvlu Asset For Recovery
AssetForRecovery
3754000
CY2021Q1 lvlu Asset For Recovery
AssetForRecovery
1104000
CY2022Q1 us-gaap Income Tax Receivable
IncomeTaxReceivable
748000
CY2021Q1 us-gaap Income Tax Receivable
IncomeTaxReceivable
2739000
CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5364000
CY2021Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2675000
CY2022Q1 us-gaap Assets Current
AssetsCurrent
49093000
CY2021Q1 us-gaap Assets Current
AssetsCurrent
42799000
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2290000
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4763000
CY2021Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2453000
CY2022Q1 us-gaap Assets
Assets
113776000
CY2021Q1 us-gaap Assets
Assets
105076000
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
4227000
CY2021Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
7161000
CY2022Q1 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
21948000
CY2021Q1 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
7533000
CY2022Q1 lvlu Returns Reserve
ReturnsReserve
9731000
CY2021Q1 lvlu Returns Reserve
ReturnsReserve
2895000
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
96856000
CY2022Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1108000
CY2022Q1 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
25000000
CY2021Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2504000
CY2022Q1 us-gaap Liabilities
Liabilities
69254000
CY2021Q1 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
8580000
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
10125000
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
43146000
CY2021Q1 us-gaap Liabilities Current
LiabilitiesCurrent
41267000
CY2021Q1 us-gaap Liabilities
Liabilities
140627000
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3216000
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2021Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
0
CY2022Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2021Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
21196740
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
38421124
CY2021Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17462283
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
38000
CY2021Q1 us-gaap Common Stock Value
CommonStockValue
18000
CY2022Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
222080000
CY2021Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
10622000
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-177596000
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-179641000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
44522000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-169001000
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
113776000
CY2021Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
105076000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
375625000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
248656000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
369622000
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
198893000
CY2021 us-gaap Cost Of Revenue
CostOfRevenue
138364000
CY2019 us-gaap Cost Of Revenue
CostOfRevenue
208418000
CY2022 us-gaap Gross Profit
GrossProfit
176732000
CY2021 us-gaap Gross Profit
GrossProfit
110292000
CY2019 us-gaap Gross Profit
GrossProfit
161204000
CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
66684000
CY2021 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
47812000
CY2019 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
72875000
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
87710000
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
67155000
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
73386000
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
22338000
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-4675000
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
14943000
CY2022 us-gaap Interest Expense
InterestExpense
12774000
CY2021 us-gaap Interest Expense
InterestExpense
16037000
CY2019 us-gaap Interest Expense
InterestExpense
15206000
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1392000
CY2022 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
85000
CY2021 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
137000
CY2019 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
239000
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-14081000
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-15900000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3041000
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-14967000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8257000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-20575000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-24000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6212000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1271000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
445000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
2045000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-19304000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-469000
CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
122962000
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
504000
CY2022 lvlu Stock Dividend Issued To Lp
StockDividendIssuedToLp
3451000
CY2022 lvlu Deemed Contribution From Redemption Of Redeemable Preferred Stock
DeemedContributionFromRedemptionOfRedeemablePreferredStock
-1420000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-122948000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-19808000
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-469000
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-6.08
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.13
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-6.08
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.13
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20229675
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17462283
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17462283
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20229675
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17462283
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17462283
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
-159850000
CY2019 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
2040000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-469000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
-158279000
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-504000
CY2021 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
9086000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-19304000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-169001000
CY2022 lvlu Deemed Dividend To Convertible Preferred Stockholders Upon Ipo
DeemedDividendToConvertiblePreferredStockholdersUponIpo
-122962000
CY2022 us-gaap Adjustments To Additional Paid In Capital Increase In Carrying Amount Of Redeemable Preferred Stock
AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock
-1420000
CY2022 lvlu Apic Share Based Payment Arrangement Reclassification Liability Classified To Equity Classified Awards
ApicShareBasedPaymentArrangementReclassificationLiabilityClassifiedToEquityClassifiedAwards
2887000
CY2022 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
8145000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
2045000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
44522000
CY2022 us-gaap Profit Loss
ProfitLoss
2045000
CY2021 us-gaap Profit Loss
ProfitLoss
-19304000
CY2019 us-gaap Profit Loss
ProfitLoss
-469000
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2828000
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1392000
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2283000
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2485000
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2045000
CY2022 lvlu Payment Of Interest Capitalized
PaymentOfInterestCapitalized
3821000
CY2022 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
3326000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1663000
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
10338000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
9086000
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2074000
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1747000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
2040000
CY2022 lvlu Equity Based Compensation Expense Related To Temporary Equity Issuance
EquityBasedCompensationExpenseRelatedToTemporaryEquityIssuance
1481000
CY2021 lvlu Equity Based Compensation Expense Related To Temporary Equity Issuance
EquityBasedCompensationExpenseRelatedToTemporaryEquityIssuance
8571000
CY2021 lvlu Write Off Of Deferred Offering Costs
WriteOffOfDeferredOfferingCosts
1950000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-14000
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1620000
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-9000
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
25000
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1816000
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-123000
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1673000
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5281000
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-9242000
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1822000
CY2022 lvlu Increase Decrease In Assets For Recovery
IncreaseDecreaseInAssetsForRecovery
2650000
CY2021 lvlu Increase Decrease In Assets For Recovery
IncreaseDecreaseInAssetsForRecovery
-2147000
CY2019 lvlu Increase Decrease In Assets For Recovery
IncreaseDecreaseInAssetsForRecovery
369000
CY2022 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
2094000
CY2021 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-302000
CY2019 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
483000
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2721000
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-339000
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
833000
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2895000
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3702000
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5264000
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
21263000
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-9346000
CY2019 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
3118000
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1390000
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1357000
CY2019 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
2669000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
26896000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4856000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
11874000
CY2022 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
1522000
CY2021 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
1273000
CY2019 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
1830000
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1447000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
700000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2212000
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
425000
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-60000
CY2019 lvlu Payment For Advances To Parent
PaymentForAdvancesToParent
2406000
CY2019 lvlu Repayments Of Advance To Parent
RepaymentsOfAdvanceToParent
2406000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3394000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1913000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4042000
CY2022 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
25000000
CY2021 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
5300000
CY2019 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
9000000
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
8580000
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
800000
CY2019 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
5000000
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2019 lvlu Payment Of Deferred Offering Cost
PaymentOfDeferredOfferingCost
2156000
CY2022Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0
CY2021Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0
CY2021 lvlu Proceeds From Advances From Parent
ProceedsFromAdvancesFromParent
37000
CY2019 lvlu Proceeds From Advances From Parent
ProceedsFromAdvancesFromParent
2003000
CY2022 us-gaap Indefinite Lived Intangible Assets Period Increase Decrease
IndefiniteLivedIntangibleAssetsPeriodIncreaseDecrease
0
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
109608000
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2531000
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
12656000
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
514000
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
437000
CY2021 us-gaap Indefinite Lived Intangible Assets Period Increase Decrease
IndefiniteLivedIntangibleAssetsPeriodIncreaseDecrease
0
CY2022 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
17900000
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
875000
CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
82546000
CY2022 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
1427000
CY2021 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
7337000
CY2019 us-gaap Indefinite Lived Intangible Assets Period Increase Decrease
IndefiniteLivedIntangibleAssetsPeriodIncreaseDecrease
0
CY2022 lvlu Intangible Assets Indefinite Lived Excluding Goodwill Impaired Accumulated Impairment Loss
IntangibleAssetsIndefiniteLivedExcludingGoodwillImpairedAccumulatedImpairmentLoss
0
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
504000
CY2014Q4 lvlu Acquisition Percentage Of Outstanding Common Stock Of Subsidiary By Parent
AcquisitionPercentageOfOutstandingCommonStockOfSubsidiaryByParent
1
CY2021 lvlu Repayments Of Advance From Parent
RepaymentsOfAdvanceFromParent
2040000
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-24000
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-111000
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-37000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-27653000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6755000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-9721000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4151000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9698000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1889000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16059000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6361000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8250000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11908000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16059000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6361000
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6112000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
171000
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1383000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
8555000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
12732000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
13068000
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
55000
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
94000
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
202000
CY2021 lvlu Debt Issuance Costs Included In Accrued Expenses
DebtIssuanceCostsIncludedInAccruedExpenses
917000
CY2022 lvlu Deemed Dividend To Preferred Stockholder
DeemedDividendToPreferredStockholder
-122962000
CY2021 lvlu Deemed Dividend To Preferred Stockholder
DeemedDividendToPreferredStockholder
504000
CY2022 lvlu Paid In Kind Interest Capitalized
PaidInKindInterestCapitalized
2074000
CY2021 lvlu Paid In Kind Interest Capitalized
PaidInKindInterestCapitalized
1747000
CY2022 lvlu Offering Cost Included In Accrued Expenses
OfferingCostIncludedInAccruedExpenses
542000
CY2022 lvlu Deemed Contribution From Redemption Of Redeemable Preferred Stock
DeemedContributionFromRedemptionOfRedeemablePreferredStock
-1420000
CY2022 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
240000000
CY2022 lvlu Reclassification Liability Classified To Equity Classified Awards
ReclassificationLiabilityClassifiedToEquityClassifiedAwards
2887000
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
15000000
CY2021 lvlu Intangible Assets Indefinite Lived Excluding Goodwill Impaired Accumulated Impairment Loss
IntangibleAssetsIndefiniteLivedExcludingGoodwillImpairedAccumulatedImpairmentLoss
0
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
506000
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
505000
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Use of Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. The significant estimates and assumptions made by management relate to sales return reserves and related assets for recovery, valuation of redeemable preferred stock, valuation of the LP’s Class P unit equity-based awards, valuation of stock options, valuation of common stock, and income tax valuation allowance. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which management believes to be reasonable under the circumstances. The Company adjusts such estimates and assumptions when facts and circumstances dictate. Changes in those estimates resulting from continuing changes in the economic environment will be reflected in the consolidated financial statements in future periods. As future events and their effects cannot be determined with precision, actual results could materially differ from those estimates and assumptions.</p>
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Concentration of Credit Risks</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash, cash equivalents and restricted cash. Such amounts may exceed federally insured limits. The Company reduces credit risk by depositing its cash with major credit-worthy financial institutions within the United States. To date, the Company has not experienced any losses on its cash deposits. As of January 2, 2022 and January 3, 2021, a single wholesale customer represented 24% and 51% respectively, of the Company’s accounts receivable balance. No customer accounted for greater than 10% of the Company’s net revenue during 2021, 2020 and 2019.<span style="font-size:12pt;"> </span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 6pt 0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p>
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11402000
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15554000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5857000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11908000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16059000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6361000
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2014Q3 lvlu Acquisition Percentage Of Outstanding Common Stock Of Subsidiary By Parent
AcquisitionPercentageOfOutstandingCommonStockOfSubsidiaryByParent
1
CY2022 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1
CY2022 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P3Y
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1600000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1700000
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1600000
CY2022 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2022Q1 us-gaap Deferred Offering Costs
DeferredOfferingCosts
0
CY2021Q1 us-gaap Deferred Offering Costs
DeferredOfferingCosts
0
CY2022Q1 lvlu Number Of Performance Obligation
NumberOfPerformanceObligation
1
CY2022 us-gaap Revenue Practical Expedient Incremental Cost Of Obtaining Contract
RevenuePracticalExpedientIncrementalCostOfObtainingContract
true
CY2022Q1 lvlu Number Of Contractual Liabilities
NumberOfContractualLiabilities
2
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000
CY2022Q1 lvlu Number Of Employees
NumberOfEmployees
5
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P2Y
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1122233
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3129634
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3129634
CY2021Q1 lvlu Accrued Debt Amendment Fees Current
AccruedDebtAmendmentFeesCurrent
917000
CY2022Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
4263000
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9010000
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8119000
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5779000
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5029000
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3231000
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3090000
CY2022 us-gaap Depreciation
Depreciation
1300000
CY2021 us-gaap Depreciation
Depreciation
1500000
CY2019 us-gaap Depreciation
Depreciation
1400000
CY2022Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
8136000
CY2021Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
2932000
CY2022Q1 lvlu Accrued Pre Vesting Distributions Payable Current
AccruedPreVestingDistributionsPayableCurrent
2648000
CY2022Q1 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
3621000
CY2021Q1 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
495000
CY2022Q1 lvlu Accrued Inventory Current
AccruedInventoryCurrent
2928000
CY2021Q1 lvlu Accrued Inventory Current
AccruedInventoryCurrent
90000
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4615000
CY2021Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3099000
CY2022Q1 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
21948000
CY2021Q1 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
7533000
CY2020Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1400000
CY2022 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.116
CY2021 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.104
CY2019 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.103
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
25000000
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
25000000
CY2022 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3300000
CY2021 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3100000
CY2019 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3000000.0
CY2021Q3 lvlu Lease Commitment Amount Per Year
LeaseCommitmentAmountPerYear
900000
CY2021Q3 lvlu Lease Commitment Amount
LeaseCommitmentAmount
3700000
CY2021Q3 lvlu Operating Lease Cost Per Month
OperatingLeaseCostPerMonth
200000
CY2021Q3 lvlu Lessee Operating Lease Lease Not Yet Commenced Liability
LesseeOperatingLeaseLeaseNotYetCommencedLiability
15700000
CY2021Q4 us-gaap Lessee Operating Lease Lease Not Yet Commenced Term Of Contract1
LesseeOperatingLeaseLeaseNotYetCommencedTermOfContract1
P7Y2M12D
CY2021Q4 us-gaap Security Deposit
SecurityDeposit
400000
CY2022Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
4899000
CY2022Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3879000
CY2022Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
4017000
CY2022Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2427000
CY2022Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
5037000
CY2022Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
24522000
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
38421124
CY2021Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17462283
CY2022Q1 lvlu Common Stock Number Of Votes Per Share
CommonStockNumberOfVotesPerShare
1
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2022 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
3500000
CY2022Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
4462803
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.062
CY2021Q4 lvlu Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Converted In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsConvertedInPeriod
1964103
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
502322
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-5919000
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
900000
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-1956000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
357000
CY2022 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
-7875000
CY2021 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
1257000
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1341000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-220000
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
322000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
234000
CY2022 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
1663000
CY2021 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
14000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6212000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1271000
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.163
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.009
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.360
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.180
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.004
CY2022 lvlu Effective Income Tax Rate Reconciliation Change In Uncertain Tax Position Percent
EffectiveIncomeTaxRateReconciliationChangeInUncertainTaxPositionPercent
-0.009
CY2021 lvlu Effective Income Tax Rate Reconciliation Change In Uncertain Tax Position Percent
EffectiveIncomeTaxRateReconciliationChangeInUncertainTaxPositionPercent
0.015
CY2022 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.023
CY2021 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.002
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.005
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.752
CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReturnsAndAllowances
2888000
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReturnsAndAllowances
1263000
CY2022Q1 lvlu Deferred Tax Assets Interest Expenses
DeferredTaxAssetsInterestExpenses
3456000
CY2021Q1 lvlu Deferred Tax Assets Interest Expenses
DeferredTaxAssetsInterestExpenses
4005000
CY2022Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
849000
CY2021Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
585000
CY2022Q1 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
1142000
CY2021Q1 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
1053000
CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
531000
CY2022Q1 lvlu Deferred Tax Assets Operating Losses And Tax Credit Carryforwards
DeferredTaxAssetsOperatingLossesAndTaxCreditCarryforwards
488000
CY2021Q1 lvlu Deferred Tax Assets Operating Losses And Tax Credit Carryforwards
DeferredTaxAssetsOperatingLossesAndTaxCreditCarryforwards
658000
CY2022Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
423000
CY2021Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
47000
CY2022Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
9777000
CY2021Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
7611000
CY2022Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
6856000
CY2021Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
6150000
CY2021Q1 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
202000
CY2022Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
6856000
CY2021Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
6352000
CY2022Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
2921000
CY2021Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1259000
CY2022Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
5700000
CY2022Q1 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
100000
CY2022Q1 lvlu Interest Expenses Carryforward Amount
InterestExpensesCarryforwardAmount
15500000
CY2021 lvlu Proceeds From Advances From Parent
ProceedsFromAdvancesFromParent
37000
CY2022 lvlu Aggregate Ownership Percentage More Than Ten Percent
AggregateOwnershipPercentageMoreThanTenPercent
0.10
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.06
CY2022 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.04
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
900000
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
700000
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
700000
CY2022 dei Auditor Name
AuditorName
Deloitte & Touche LLP

Files In Submission

Name View Source Status
0001558370-22-004959-index-headers.html Edgar Link pending
0001558370-22-004959-index.html Edgar Link pending
0001558370-22-004959.txt Edgar Link pending
0001558370-22-004959-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tmb-20220102.xsd Edgar Link pending
tmb-20220102x10k.htm Edgar Link pending
tmb-20220102x10k001.jpg Edgar Link pending
tmb-20220102x10k002.jpg Edgar Link pending
tmb-20220102x10k_htm.xml Edgar Link completed
tmb-20220102xex10d1.htm Edgar Link pending
tmb-20220102xex23d1.htm Edgar Link pending
tmb-20220102xex31d1.htm Edgar Link pending
tmb-20220102xex31d2.htm Edgar Link pending
tmb-20220102xex32d1.htm Edgar Link pending
tmb-20220102xex32d2.htm Edgar Link pending
tmb-20220102xex4d3.htm Edgar Link pending
tmb-20220102_cal.xml Edgar Link unprocessable
tmb-20220102_def.xml Edgar Link unprocessable
tmb-20220102_lab.xml Edgar Link unprocessable
tmb-20220102_pre.xml Edgar Link unprocessable