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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 4,815 $ 4,957
Accounts receivable, net of allowances of $1,284 and $1,151, respectively 10,662 8,889
Inventory 3,146 1,216
Prepaid expenses and other current assets 1,751 1,085
Total current assets 20,374 16,147
Property and equipment, net 3,515 3,367
Operating lease right-of-use assets 7,914 8,668
Trademarks and other intangibles, net 101,412 93,535
Restricted cash 739 1,109
Other assets 222 228
Total non-current assets 113,802 106,907
Total Assets 134,176 123,054
Current Liabilities:    
Accounts payable, accrued expenses and other current liabilities 5,010 4,442
Accrued payroll 660 973
Acquisition consideration payable 2,045  
Current portion of operating lease obligation 1,720 2,101
Current portion of long-term debt 4,000 2,800
Total current liabilities 13,435 10,316
Long-Term Liabilities:    
Long-term portion of operating lease obligation 7,869 8,469
Long-term debt, less current portion 20,829 13,838
Contingent obligations 7,539 900
Deferred tax liabilities, net 1,571 3,052
Other long-term liabilities 591 224
Total long-term liabilities 38,399 26,483
Total Liabilities 51,834 36,799
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, and 19,530,855 and 19,260,862 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 20 19
Paid-in capital 102,852 102,324
Accumulated deficit (20,700) (16,595)
Total Xcel Brands, Inc. stockholders' equity 82,172 85,748
Noncontrolling interest 170 507
Total Equity 82,342 86,255
Total Liabilities and Equity $ 134,176 $ 123,054