XELB · XBRL financial data
Xcel Brands financial statements, every fiscal year
The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (XELB's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Mar 31, 2024 | Mar 24, 2025 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cost of goods and services sold | 5,456 | 10,667 | 7,980 | — | — | — |
| Gross profit | 23,992 | 27,265 | 17,801 | — | — | 4,939 |
| Selling, general and administrative | 6,567 | 14,364 | 15,386 | — | — | 4,647 |
| Total operating expenses | — | — | 620 | — | — | — |
| Other operating income (expense) | 46 | — | 20,284 | — | — | — |
| Operating income (loss) | (16,410) | (12,556) | (2,260) | — | — | (13,231) |
| Interest expense | 1,193 | 1,916 | 1,187 | — | — | 2,078 |
| Income tax expense (benefit) | (4,518) | (3,106) | (431) | — | — | 75 |
| Net income (loss) | (12,936) | (12,184) | (4,018) | — | — | (17,461) |
| Earnings per share, basic‡ USD per share | (6.80) | (6.30) | (2.00) | — | — | (5.08) |
| Earnings per share, diluted‡ USD per share | (6.80) | (6.30) | (2.00) | — | — | (5.08) |
| Weighted average shares, basic‡ thousands of shares | 1,912 | 1,946 | 1,962 | — | — | 3,436 |
| Weighted average shares, diluted‡ thousands of shares | 1,912 | 1,946 | 1,962 | — | — | 3,436 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-10 stock split (March 2025); filings made before it reported them unadjusted.
Balance sheet
CSVFiscal years (XELB's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Mar 31, 2024 | Mar 24, 2025 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 4,957 | 4,483 | 4,608 | 1,552 | — | 1,150 |
| Accounts receivable | 8,889 | 7,640 | 5,110 | 3,603 | — | 956 |
| Inventory | 1,216 | 3,375 | 2,845 | 445 | — | — |
| Prepaid and other current assets | 1,085 | 1,681 | 1,457 | 471 | — | 1,564 |
| Total current assets | 16,147 | 17,179 | 14,020 | 6,071 | — | 3,670 |
| Property and equipment, net | 3,367 | 2,549 | 1,418 | 133 | — | 130 |
| Right-of-use asset | 8,668 | 6,314 | 5,420 | 2,535 | — | 3,005 |
| Total assets | 123,054 | 125,781 | 88,935 | 66,764 | — | 38,946 |
| Accounts payable | — | — | — | — | — | 621 |
| Current portion of long-term debt | 2,800 | 2,500 | — | 1,000 | — | 3,250 |
| Total current liabilities | 10,316 | 10,517 | 6,561 | 6,180 | — | 7,488 |
| Long-term debt | 13,838 | 25,531 | — | 3,747 | — | 9,456 |
| Lease liability, non-current | 8,469 | 7,252 | 5,839 | 3,694 | — | 3,678 |
| Total liabilities | 36,799 | 50,839 | 18,796 | 22,892 | — | 23,122 |
| Accumulated deficit | (16,595) | (28,779) | (32,797) | (60,143) | — | (93,705) |
| Total stockholders' equity | 85,748 | 74,280 | 70,815 | 45,784 | — | 17,961 |
| Total liabilities and equity | 123,054 | 125,781 | 88,935 | 66,764 | — | 38,946 |
| Common shares outstanding (cover page)‡ thousands of shares | 1,926 | 1,957 | 1,962 | 2,349 | 2,395 | 5,913 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-10 stock split (March 2025); filings made before it reported them unadjusted.
Cash flows
CSVFiscal years (XELB's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Mar 31, 2024 | Mar 24, 2025 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (12,936) | (12,184) | (4,018) | — | — | (17,461) |
| Stock-based compensation | 850 | 720 | 620 | — | — | 570 |
| Depreciation and amortization | 5,497 | 6,830 | 7,263 | — | — | 3,593 |
| Net cash from operating activities | 3,185 | (6,556) | (14,182) | — | — | (7,023) |
| Purchases of property and equipment | 748 | 1,095 | 265 | — | — | 10 |
| Net cash from investing activities | (702) | (4,795) | 44,521 | — | — | (10) |
| Proceeds from issuing equity | — | — | — | — | — | 1,965 |
| Share repurchases | 190 | 16 | 442 | — | — | 204 |
| Proceeds from long-term debt | — | 54,000 | — | — | — | 5,670 |
| Repayments of long-term debt | 2,250 | 41,750 | 29,000 | — | — | 750 |
| Net cash from financing activities | (2,167) | 10,507 | (30,953) | — | — | 7,929 |
| Net change in cash | 316 | (844) | (614) | — | — | 896 |
Compare with peers
SIC 6794 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6794 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| XCel Brands | 399 | not reported | (1,855)* | 6.6M | 0.2 quarters | 10-QJun 30, 2026 |
| LandBridge | 39,797 | 66,840 | 41,371* | not reported | — | 10-QJun 30, 2026 |
| DevvStream | 281 | 0.7 | (1,501)* | 35.1M | 0.2 quarters | 10-QApr 30, 2026 |
| Bakhu Holdings | 2 | 0 | (7)* | 301.3M | 0.3 quarters | 10-QApr 30, 2025 |
| Mentor Capital | 48 | 66 | (157)* | 27.6M | 0.3 quarters | 10-QJun 30, 2026 |
| Power REIT | 3,147 | 1,290 | 1,058* | 367,120 | — | 10-QJun 30, 2026 |
| Wheeler Real Estate Investment Trust | 31,873 | 22,476 | 7,998* | 1.9M | — | 10-QJun 30, 2026 |
| Mesabi Trust | 17,385 | 2,480 | 249* | 13.1M | — | 10-QJul 31, 2026 |
| Innsuites Hospitality Trust | 247 | 1,837 | (106)* | 11.2M | 3.4 quarters | 10-QJul 31, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.