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Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues        
Net revenue $ 6,781 $ 8,467 $ 12,831 $ 17,214
Cost of goods sold 3,800 2,570 6,493 4,250
Gross profit 2,981 5,897 6,338 12,964
Direct operating costs and expenses        
Salaries, benefits and employment taxes 2,241 5,236 5,706 10,089
Other selling, general and administrative expenses 2,943 4,288 6,436 7,712
Total direct operating costs and expenses 5,184 9,524 12,142 17,801
Operating loss before other operating costs and expenses (income) (2,203) (3,627) (5,804) (4,837)
Other operating costs and expenses (income)        
Depreciation and amortization expense 1,786 1,812 3,583 3,632
Gain on sale of majority interest in Isaac Mizrahi brand   (20,608)   (20,608)
Loss from equity method investment 515   1,030  
Gain on sale of limited partner ownership interest (351)   (351)  
Gain on settlement of lease liability (445)   (445)  
Operating loss (3,708) 15,169 (9,621) 12,139
Interest and finance (income) expense        
Interest expense - term loan debt   479   1,187
Other interest and finance charges, net (7) (1) 18  
Loss on early extinguishment of debt   2,324   2,324
Total interest and finance (income) expense (7) 2,802 18 3,511
Loss before income taxes (3,701) 12,367 (9,639) 8,628
Income tax (benefit) provision 0 3,178 0 3,178
Net (loss) income (3,701) 9,189 (9,639) 5,450
Net loss attributable to noncontrolling interest (233) (301) (528) (553)
Net (loss) income attributable to Xcel Brands, Inc. stockholders $ (3,468) $ 9,490 $ (9,111) $ 6,003
(Loss) earnings per common share attributable to Xcel Brands, Inc. stockholders:        
Basic net (loss) income per share $ (0.18) $ 0.48 $ (0.46) $ 0.31
Diluted net (loss) income per share $ (0.18) $ 0.48 $ (0.46) $ 0.30
Weighted average number of common shares outstanding:        
Basic weighted average number of shares outstanding 19,735,500 19,677,243 19,684,630 19,624,474
Diluted weighted average common shares outstanding 19,735,500 19,814,448 19,684,630 19,756,775
Net licensing revenue        
Revenues        
Net revenue $ 2,428 $ 5,175 $ 4,650 $ 11,136
Net sales        
Revenues        
Net revenue $ 4,353 $ 3,292 $ 8,181 $ 6,078