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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 8,407 $ 4,483
Accounts receivable, net of allowances of $1,263 and $1,090, respectively 6,720 7,640
Inventory 3,884 3,375
Prepaid expenses and other current assets 1,752 1,681
Total current assets 20,763 17,179
Non-current Assets:    
Property and equipment, net 1,948 2,549
Operating lease right-of-use assets 5,650 6,314
Trademarks and other intangibles, net 49,200 98,304
Equity method investment 19,520  
Restricted cash   739
Deferred tax assets, net   141
Other assets 146 555
Total non-current assets 76,464 108,602
Total Assets 97,227 125,781
Current Liabilities:    
Accounts payable, accrued expenses and other current liabilities 3,959 6,169
Accrued income taxes payable 1,326 64
Accrued payroll 228 577
Current portion of operating lease obligations 1,331 1,207
Current portion of long-term debt   2,500
Current portion of contingent obligations 2,478  
Total current liabilities 9,322 10,517
Long-Term Liabilities:    
Long-term portion of operating lease obligations 6,157 7,252
Long-term debt, net, less current portion   25,531
Long-term portion of contingent obligations 5,061 7,539
Deferred tax liabilities, net 223  
Total long-term liabilities 11,441 40,322
Total Liabilities 20,763 50,839
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 19,624,860 and 19,571,119 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 20 20
Paid-in capital 103,541 103,039
Accumulated deficit (26,818) (28,779)
Total Xcel Brands, Inc. stockholders' equity 76,743 74,280
Noncontrolling interest (279) 662
Total Stockholders' Equity 76,464 74,942
Total Liabilities and Stockholders' Equity $ 97,227 $ 125,781