Financial Performance - Total net sales for Q1 fiscal 2025 were 107.6million,adecreaseof7.121.3 million, or 19.8% of net sales, down from 21.0% in the previous year[3] - SG&A expenses were 44.0million,or40.922.7 million, or 21.1% of net sales, compared to 20.8million,or17.922.2 million, or 0.74pershare,comparedtoanetlossof19.6 million, or 0.65pershare,lastyear[4]−Tilly′s,Inc.reportedanetlossof22,152,000 for the thirteen weeks ended May 3, 2025, compared to a net loss of 19,621,000forthesameperiodin2024,reflectinganincreaseinlossesofapproximately86,394,000 compared to a decrease of 15,376,000inthesamequarterof2024,showingimprovedinventorymanagement[16]CashFlowandLiquidity−Thecompanygeneratednetcashusedinoperatingactivitiesof8,119,000, significantly improved from 25,690,000intheprioryear,indicatingareductionincashoutflowofabout6827,231,000 from 19,880,000year−over−year,representingagrowthofapproximately37106 million to 111million,withnodebtandacashpositionof43 million to 48million[8]−Tilly′shadacashinflowof14,294,000 from investing activities, contrasting with a cash outflow of 1,610,000inthesameperiodlastyear,markingasubstantialturnaround[16]ExpensesandAssetManagement−Thecompanyrecordeddepreciationandamortizationexpensesof2,828,000, a decrease from 3,095,000inthesamequarterofthepreviousyear,reflectingareductionofabout9440,000, down from 566,000inthesamequarterofthepreviousyear,reflectingadecreaseofapproximately2215,000, compared to a loss of $16,000 in the prior year, indicating a positive shift in asset management[16]