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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 970 $ 1,254
Accounts receivable, net of allowances for credit losses of $0 1,823 2,269
Prepaid expenses and other current assets 416 520
Total current assets 3,209 4,043
Non-current Assets:    
Property and equipment, net 158 182
Operating lease right-of-use assets 3,385 3,751
Trademarks and other intangibles, net 32,994 34,759
Investments in unconsolidated entities 5,531 10,110
Other assets 1,912 911
Total non-current assets 43,980 49,713
Total Assets 47,189 53,756
Current Liabilities:    
Accounts payable, accrued expenses and other current liabilities 1,925 2,734
Deferred revenue 1,328 1,380
Accrued income taxes payable 88 554
Current portion of operating lease obligations 1,625 1,513
Current portion of long-term debt 500  
Contingent obligations   4,213
Total current liabilities 5,466 10,394
Long-Term Liabilities:    
Deferred revenue 2,222 2,667
Long-term portion of operating lease obligations 4,537 5,297
Long-term debt, net, less current portion 11,753 6,569
Other long-term liabilities 715 431
Total long-term liabilities 19,227 14,964
Total Liabilities 24,693 25,358
Stockholders' Equity:    
Common stock, $.001 par value, 50,000,000 shares authorized, and 2,437,500 and 2,368,072 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 2 2
Paid-in capital 107,552 106,666
Accumulated deficit (83,029) (76,244)
Total Xcel Brands, Inc. stockholders' equity 24,525 30,424
Noncontrolling interest (2,029) (2,026)
Total Stockholders' Equity 22,496 28,398
Total Liabilities and Stockholders' Equity $ 47,189 $ 53,756