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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Net revenue $ 41,727 $ 35,466
Cost of goods sold (sales) 10,272 2,702
Gross profit 31,455 32,764
Operating costs and expenses    
Salaries, benefits and employment taxes 15,834 16,560
Other design and marketing costs 3,164 2,696
Other selling, general and administrative expenses 5,552 5,211
Costs in connection with potential acquisition 1,290  
Facilities exit charge   799
Stock-based compensation 976 1,788
Depreciation and amortization 3,902 1,780
Intangible asset impairment 6,200  
Total operating costs and expenses 36,918 28,834
Other income    
Gain on reduction of contingent obligation 2,850  
Total other income 2,850  
Operating (loss) income (2,613) 3,930
Interest and finance expense    
Interest expense - term debt 1,211 912
Other interest and finance charges 74 99
Loss on extinguishment of debt 189  
Total interest and finance expense 1,474 1,011
(Loss) income before income taxes (4,087) 2,919
Income tax (benefit) provision (642) 1,831
Net (loss) income (3,445) 1,088
Less: Net (loss) income attributable to noncontrolling interest (19)  
Net (loss) income attributable to Xcel Brands, Inc. stockholders $ (3,426) $ 1,088
(Loss) earnings per share attributable to Xcel Brands, Inc. common stockholders:    
Basic net (loss) income per share: $ (0.18) $ 0.06
Diluted net (loss) income per share: $ (0.18) $ 0.06
Weighted average number of common shares outstanding:    
Basic weighted average common shares outstanding 18,857,657 18,280,788
Diluted weighted average common shares outstanding 18,857,657 18,281,638
License [Member]    
Net revenue $ 26,435 $ 31,190
Sales [Member]    
Net revenue $ 15,292 $ 4,276