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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenues    
Net revenue $ 37,932 $ 29,448
Cost of goods sold 10,667 5,456
Gross profit 27,265 23,992
Operating costs and expenses    
Salaries, benefits and employment taxes 16,535 13,061
Other selling, general and administrative expenses 14,364 9,743
Stock-based compensation 720 850
Depreciation and amortization 6,830 5,497
Government assistance - Paycheck Protection Program and other   (1,816)
Asset impairment charges 1,372 13,113
Total operating costs and expenses 39,821 40,448
Other income   46
Operating loss (12,556) (16,410)
Interest and finance expense    
Interest expense - term loan debt 1,916 1,220
Other interest and finance charges (income), net 147 (27)
Loss on extinguishment of debt 1,516  
Total interest and finance expense 3,579 1,193
Loss before income taxes (16,135) (17,603)
Income tax benefit (3,106) (4,518)
Net loss (13,029) (13,085)
Less: Net loss attributable to noncontrolling interest (845) (149)
Net loss attributable to Xcel Brands, Inc. stockholders $ (12,184) $ (12,936)
Loss per common share attributable to Xcel Brands, Inc. stockholders:    
Basic net loss per share $ (0.63) $ (0.68)
Diluted net loss per share $ (0.63) $ (0.68)
Weighted average number of common shares outstanding:    
Basic weighted average common shares outstanding 19,455,987 19,117,460
Diluted weighted average common shares outstanding 19,455,987 19,117,460
Net licensing revenue    
Revenues    
Net revenue $ 21,876 $ 20,255
Net sales revenue    
Revenues    
Net revenue $ 16,056 $ 9,193