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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues    
Net revenue $ 17,755 $ 25,781
Cost of goods sold 6,918 7,980
Gross profit 10,837 17,801
Direct operating costs and expenses    
Salaries, benefits and employment taxes 9,910 16,802
Other selling, general and administrative expenses 13,361 16,280
Total direct operating costs and expenses 23,271 33,082
Other operating costs and expenses (income)    
Depreciation and amortization 6,954 7,263
Gain on sale of majority interest in Isaac Mizrahi brand   (20,586)
Loss from equity method investment 2,060 1,202
Gain on sale of limited partner ownership interest (359)  
Gain on settlement of lease liability (445)  
Gain on reduction of contingent obligation   (900)
Operating loss (20,644) (2,260)
Interest and finance expense    
Interest expense 113 1,187
Other interest and finance charges, net 268 16
Loss on early extinguishment of debt   2,324
Total interest and finance expense 381 3,527
Loss before income taxes (21,025) (5,787)
Income tax provision (benefit) 1,212 (431)
Net loss (22,237) (5,356)
Net loss attributable to noncontrolling interest (1,185) (1,338)
Net loss attributable to Xcel Brands, Inc. stockholders $ (21,052) $ (4,018)
Loss per common share attributable to Xcel Brands, Inc. stockholders:    
Basic net loss income per share $ (1.07) $ (0.20)
Diluted net loss income per share $ (1.07) $ (0.20)
Weighted average number of common shares outstanding:    
Basic weighted average number of shares outstanding 19,711,637 19,624,669
Diluted weighted average common shares outstanding 19,711,637 19,624,669
Net licensing revenue    
Revenues    
Net revenue $ 9,156 $ 14,737
Net sales    
Revenues    
Net revenue $ 8,599 $ 11,044