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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 298 $ 1,254
Accounts receivable, net of allowances for credit losses of $0 2,105 2,269
Prepaid expenses and other current assets 508 520
Total current assets 2,911 4,043
Non-current Assets:    
Property and equipment, net 180 182
Operating lease right-of-use assets 3,573 3,751
Trademarks and other intangibles, net 33,877 34,759
Equity method investments, net 9,534 10,110
Other assets 2,411 911
Total non-current assets 49,575 49,713
Total Assets 52,486 53,756
Current Liabilities:    
Accounts payable, accrued expenses and other current liabilities 2,714 2,734
Deferred revenue 1,398 1,380
Accrued income taxes payable 546 554
Current portion of operating lease obligations 1,594 1,513
Current portion of long-term debt 250  
Contingent obligations 3,973 4,213
Total current liabilities 10,475 10,394
Long-Term Liabilities:    
Deferred revenue 2,444 2,667
Long-term portion of operating lease obligations 4,956 5,297
Long-term debt, net, less current portion 8,470 6,569
Other long-term liabilities 431 431
Total long-term liabilities 16,301 14,964
Total Liabilities 26,776 25,358
Stockholders' Equity:    
Common stock, $.001 par value, 50,000,000 shares authorized, and 2,386,235 and 2,368,072 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 2 2
Paid-in capital 106,775 106,666
Accumulated deficit (79,041) (76,244)
Total Xcel Brands, Inc. stockholders' equity 27,736 30,424
Noncontrolling interest (2,026) (2,026)
Total Stockholders' Equity 25,710 28,398
Total Liabilities and Stockholders' Equity $ 52,486 $ 53,756