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Unaudited Condensed Consolidated Statements of Operations
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
USD ($)
$ / shares
shares
Sep. 30, 2024
USD ($)
$ / shares
shares
Sep. 30, 2025
USD ($)
$ / shares
shares
Sep. 30, 2024
USD ($)
$ / shares
shares
Revenues        
Net revenue $ 1,118 $ 1,912 $ 3,771 $ 7,050
Cost of goods sold   407   445
Gross profit 1,118 1,505 3,771 6,605
Direct operating costs and expenses        
Salaries, benefits and employment taxes 956 1,208 3,026 4,771
Other selling, general and administrative expenses 1,214 1,618 3,323 5,137
Total direct operating costs and expenses 2,170 2,826 6,349 9,908
Operating loss before other operating costs and expenses (income) (1,052) (1,321) (2,578) (3,303)
Other operating costs and expenses (income)        
Depreciation and amortization 896 910 2,695 4,044
Asset impairment charges       3,483
Loss from equity method investments 5,494 6,847 6,010 7,937
Gain on divestiture of Lori Goldstein Brand       (3,801)
Operating loss (7,442) (9,078) (11,283) (14,966)
Interest and finance expense (income)        
Interest expense 470 133 1,400 418
Other interest and finance charges (income), net 52 9 169 20
Loss on early extinguishment of debt     1,850  
Interest and finance expense (income), net 522 142 3,419 438
Loss before income taxes (7,964) (9,220) (14,702) (15,404)
Income tax provision (benefit) 25 0 75 0
Net loss (7,989) (9,220) (14,777) (15,404)
Net loss attributable to noncontrolling interest (90) (7) (93) (92)
Net loss attributable to Xcel Brands, Inc. stockholders $ (7,899) $ (9,213) $ (14,684) $ (15,312)
Earnings (loss) per common share attributable to Xcel Brands, Inc. stockholders:        
Basic earnings (loss) per share | $ / shares [1] $ (2.02) $ (3.92) $ (5.06) $ (6.82)
Diluted earnings (loss) per share | $ / shares [1] $ (2.02) $ (3.92) $ (5.06) $ (6.82)
Weighted average number of common shares outstanding:        
Basic weighted average common shares outstanding | shares [1] 3,918,993 2,352,135 2,904,399 2,246,569
Diluted weighted average common shares outstanding | shares [1] 3,918,993 2,352,135 2,904,399 2,246,569
Net licensing revenue        
Revenues        
Net revenue $ 1,118 $ 1,505 $ 3,771 $ 6,515
Net sales        
Revenues        
Net revenue   $ 407   $ 535
[1] Amounts presented for 2024, including the weighted average number of shares outstanding and the resulting loss per share information have been retroactively adjusted in order to give effect to the Company’s March 24, 2025 1-for-10 reverse stock split. See Note 1 and Note 7.