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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 4,246 $ 4,641
Accounts receivable, net 8,843 10,622
Inventory 788 899
Prepaid expenses and other current assets 1,433 1,404
Total current assets 15,310 17,566
Property and equipment, net 4,107 3,666
Operating lease right-of-use assets 8,913 9,250
Trademarks and other intangibles, net 109,955 111,095
Restricted cash 1,109 1,109
Other assets 490 505
Total non-current assets 124,574 125,625
Total Assets 139,884 143,191
Current Liabilities:    
Accounts payable, accrued expenses and other current liabilities 3,747 4,391
Accrued payroll 365 1,444
Current portion of operating lease obligation 1,800 1,752
Current portion of long-term debt 3,375 2,250
Total current liabilities 9,287 9,837
Long-Term Liabilities:    
Long-term portion of operating lease obligation 9,297 9,773
Long-term debt, less current portion 15,471 16,571
Contingent obligation 900 900
Deferred tax liabilities, net 6,882 7,434
Other long-term liabilities 224 224
Total long-term liabilities 32,774 34,902
Total Liabilities 42,061 44,739
Commitments and Contingencies
Equity:    
Preferred stock, $.001 par value, 1,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $.001 par value, 50,000,000 shares authorized at March 31, 2020 and December 31, 2019, respectively, and 19,047,561 and 18,866,417 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 19 19
Paid-in capital 101,945 101,736
Accumulated deficit (4,464) (3,659)
Total Xcel Brands, Inc. stockholders' equity 97,500 98,096
Noncontrolling interest 323 356
Total Equity 97,823 98,452
Total Liabilities and Equity $ 139,884 $ 143,191