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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 242 $ 2,998
Accounts receivable, net of allowances for credit losses of $30 and $75 at September 30, 2024 and December 31, 2023, respectively 2,908 3,454
Inventory   453
Prepaid expenses and other current assets 375 398
Total current assets 3,525 7,303
Non-current Assets:    
Property and equipment, net 202 634
Operating lease right-of-use assets 3,923 4,453
Trademarks and other intangibles, net 35,642 41,520
Equity method investments, net 9,796 17,735
Other assets 911 15
Total non-current assets 50,474 64,357
Total Assets 53,999 71,660
Current Liabilities:    
Accounts payable, accrued expenses and other current liabilities 2,602 2,236
Deferred revenue 1,376 889
Accrued income taxes payable 372 372
Current portion of operating lease obligations 1,433 1,258
Current portion of long-term debt 1,000 750
Current portion of contingent obligations   964
Total current liabilities 6,783 6,469
Long-Term Liabilities:    
Deferred revenue 2,889 3,556
Long-term portion of operating lease obligations 5,633 4,021
Long-term debt, net, less current portion 3,297 3,971
Long-term portion of contingent obligation   5,432
Other long-term liabilities 431 40
Total long-term liabilities 12,250 17,020
Total Liabilities 19,033 23,489
Stockholders' Equity:    
Common stock, $.001 par value, 50,000,000 shares authorized, and 23,581,290 and 19,795,053 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 24 20
Paid-in capital 106,056 103,861
Accumulated deficit (69,161) (53,849)
Total Xcel Brands, Inc. stockholders' equity 36,919 50,032
Noncontrolling interest (1,953) (1,861)
Total Stockholders' Equity 34,966 48,171
Total Liabilities and Stockholders' Equity $ 53,999 $ 71,660