v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 399 $ 1,150
Accounts receivable, net 623 956
Prepaid expenses and other current assets 502 1,564
Total current assets 1,524 3,670
Non-current Assets:    
Property and equipment, net 103 130
Operating lease right-of-use assets 2,609 3,005
Trademarks and other intangibles, net 26,946 31,229
Other assets 1,291 912
Total non-current assets 30,949 35,276
Total Assets 32,473 38,946
Current Liabilities:    
Accounts payable 532 621
Accrued expenses and other current liabilities 404 600
Deferred revenue 976 1,330
Current portion of operating lease obligations 1,760 1,687
Current portion of long-term debt 1,865 3,250
Total current liabilities 5,537 7,488
Long-Term Liabilities:    
Deferred revenue 1,333 1,778
Long-term portion of operating lease obligations 2,777 3,678
Long-term debt, net, less current portion 10,227 9,456
Other long-term liabilities 877 722
Total long-term liabilities 15,214 15,634
Total Liabilities 20,751 23,122
Commitments and Contingencies
Stockholders' Equity:    
Preferred stock, $.001 par value, 1,000,000 shares authorized, none issued and outstanding
Common stock, $.001 par value, 50,000,000 shares authorized, and 6,475,182 and 5,880,757 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 6 6
Paid-in capital 112,523 111,660
Accumulated deficit (98,670) (93,705)
Total Xcel Brands, Inc. stockholders' equity 13,859 17,961
Noncontrolling interest (2,137) (2,137)
Total Stockholders' Equity 11,722 15,824
Total Liabilities and Stockholders' Equity $ 32,473 $ 38,946