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Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of the basic and diluted net loss per share

The following table is a reconciliation of the numerator and denominator of the basic and diluted earnings (loss) per share computations for the three and nine months ended September 30, 2024 and 2023:


		Three Months Ended							Nine Months Ended
		September 30,						September 30,
		2024			2023			2024			2023
Numerator:
Net loss attributable to Xcel Brands, Inc. stockholders (in thousands)		$	(9,213)		$	(5,144)		$	(15,312)		$	(14,255)

Denominator:
Basic weighted average number of shares outstanding			23,522,453			19,749,317			22,466,737			19,683,525
Add: Effect of warrants			—			—			—			—
Add: Effect of stock options			—			—			—			—
Diluted weighted average number of shares outstanding			23,522,453			19,749,317			22,466,737			19,683,525

Basic net income (loss) per share		$	(0.39)		$	(0.26)		$	(0.68)		$	(0.72)
Diluted net income (loss) per share		$	(0.39)		$	(0.26)		$	(0.68)		$	(0.72)

Anti-dilutive Securities Excluded from Computation of Earnings (Loss) Per Share

The computation of diluted EPS excludes the following potentially dilutive securities because their inclusion would be anti-dilutive:


		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2024		2023		2024		2023
Stock options		4,723,920		5,144,170		4,723,920		5,144,170
Warrants		1,184,017		1,116,065		1,184,017		1,116,065
Total		5,907,937		6,260,235		5,907,937		6,260,235