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Consolidated Statements of Operations
$ in Thousands
 12 Months Ended
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
USD ($)
$ / shares
shares
Revenues    
Net revenue $ 8,259 $ 17,755
Cost of goods sold 445 6,918
Gross profit 7,814 10,837
Direct operating costs and expenses    
Salaries, benefits and employment taxes 5,916 9,910
Other selling, general and administrative expenses 6,842 13,261
Total direct operating costs and expenses 12,758 23,171
Operating loss before other operating costs and expenses (income) (4,944) (12,334)
Other operating costs and expenses (income)    
Depreciation and amortization 4,947 6,954
Asset impairment charges 3,483 100
Loss from equity method investments 7,623 2,060
Contingent reduction in equity ownership of IM TopCo, LLC 4,213  
Gain on divestiture of Lori Goldstein brand (3,801)  
Gain on sale of limited partner ownership interest   (359)
Gain on settlement of lease liability   (445)
Operating loss (21,409) (20,644)
Interest and finance expense (income)    
Interest expense 618 113
Other interest and finance charges (income), net 26 268
Loss on early extinguishment of debt 287  
Interest and finance expense (income), net 931 381
Loss before income taxes (22,340) (21,025)
Income tax provision 220 1,212
Net loss (22,560) (22,237)
Net loss attributable to noncontrolling interest (165) (1,185)
Net loss attributable to Xcel Brands, Inc. stockholders $ (22,395) $ (21,052)
Loss per common share attributable to Xcel Brands, Inc. stockholders:    
Basic earnings (loss) per share | $ / shares $ (9.84) $ (10.68)
Diluted earnings (loss) per share | $ / shares $ (9.84) $ (10.68)
Weighted average number of common shares outstanding:    
Basic weighted average common shares outstanding | shares 2,275,332 1,971,072
Diluted weighted average common shares outstanding | shares 2,275,332 1,971,072
Reverse stock split ratio 0.1  
Net licensing revenue    
Revenues    
Net revenue $ 7,912 $ 9,156
Net sales    
Revenues    
Net revenue $ 347 $ 8,599