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Consolidated Statements of Operations
$ in Thousands
 3 Months Ended
Mar. 31, 2025
USD ($)
$ / shares
shares
Mar. 31, 2024
USD ($)
$ / shares
shares
Revenues    
Net licensing revenue $ 1,332 $ 2,184
Direct operating costs and expenses    
Salaries, benefits and employment taxes 1,086 1,933
Other selling, general and administrative expenses 1,197 2,029
Total direct operating costs and expenses 2,283 3,962
Operating loss before other operating costs and expenses (income) (951) (1,778)
Other operating costs and expenses (income)    
Depreciation and amortization 900 1,589
Asset impairment charges   2,295
Loss from equity method investments 576 533
Change in contingent reduction in equity ownership of IM TopCo, LLC (240)  
Operating loss (2,187) (6,195)
Interest and finance expense (income)    
Interest expense 473 146
Other interest and finance charges (income), net 87 4
Interest and finance expense (income), net 560 150
Loss before income taxes (2,747) (6,345)
Income tax provision 50 0
Net loss (2,797) (6,345)
Net loss attributable to noncontrolling interest   (51)
Net loss attributable to Xcel Brands, Inc. stockholders $ (2,797) $ (6,294)
Loss per common share attributable to Xcel Brands, Inc. stockholders:    
Basic earnings (loss) per share | $ / shares $ (1.18) $ (3.09)
Diluted earnings (loss) per share | $ / shares $ (1.18) $ (3.09)
Weighted average number of common shares outstanding:    
Basic weighted average common shares outstanding | shares 2,373,583 2,037,397
Diluted weighted average common shares outstanding | shares 2,373,583 2,037,397