XCel Brands, Inc.

For the period ended Jun 30, 2026. Filed Aug 13, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 13, 2026

XELB$0.43+6.7%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Unaudited Condensed Consolidated Statements of Stockholders’ Equity

(in thousands, except share data)


· · Xcel Brands, Inc. Stockholders · · · · · · ·
· · Common Stock · · · · · · · · · · ·
· · Number of · · · · · Paid-In · · Accumulated · · Noncontrolling · · ·
· · Shares · · Amount · · Capital · · Deficit · · Interest · · · Total
Balance as of December 31, 2024	2,368,072	$2	$106,666	$(76,244)	$(2,026)	$28,398

Additional impact related to fractional shares from reverse stock split	(57)	—	—	—	—	—

Compensation expense related to stock options and restricted stock	—	—	33	—	—	33

Contra-revenue related to warrants held by licensee	—	—	10	—	—	10

Shares issued to executives for pro rata portion of base salaries, net of withholding taxes	18,310	—	66	—	—	66

Net loss	—	—	—	(2,797)	—	(2,797)

Balance as of March 31, 2025	2,386,325	2	106,775	(79,041)	(2,026)	25,710

Compensation expense related to stock options and restricted stock	—	—	54	—	—	54

Contra-revenue related to warrants held by licensee	—	—	9	—	—	9

Warrants issued and amended in connection with refinancing of term loan debt	—	—	648	—	—	648

Shares issued to management and directors in connection with restricted stock grants	21,500	—	—	—	—	—

Shares issued to executives for pro rata portion of base salaries, net of withholding taxes	29,675	—	66	—	—	66

Net loss	—	—	—	(3,988)	(3)	(3,991)

Balance as of June 30, 2025	2,437,500	$2	$107,552	$(83,029)	$(2,029)	$22,496

Balance as of December 31, 2025	5,880,757	$6	$111,660	$(93,705)	$(2,137)	$15,824

Compensation expense related to stock options and restricted stock	—	—	51	—	—	51

Contra-revenue related to warrants held by licensee	—	—	10	—	—	10

Shares issued to executive for pro rata portion of base salary, net of withholding taxes	32,735	—	43	—	—	43

Costs incurred related to equity line facility	—	—	(258)	—	—	(258)

Net loss	—	—	—	(2,489)	—	(2,489)

Balance as of March 31, 2026	5,913,492	6	111,506	(96,194)	(2,137)	13,181

Compensation expense related to stock options and restricted stock	—	—	15	—	—	15

Contra-revenue related to warrants held by licensee	—	—	9	—	—	9

Shares issued in connection with issuance of Senior Secured Notes	100,579	—	121	—	—	121

Shares issued as consideration for entry into equity line facility	16,094	—	—	—	—	—

Shares issued under equity line facility, net	348,000	—	673	—	—	673

Shares issued to service provider under marketing agreement	62,112	—	137	—	—	137

Shares issued to directors in connection with restricted stock grants	5,000	—	—	—	—	—

Shares issued to executive for pro rata portion of base salary, net of withholding taxes	29,905	—	62	—	—	62

Net loss	—	—	—	(2,476)	—	(2,476)

Balance as of June 30, 2026	6,475,182	$6	$112,523	$(98,670)	$(2,137)	$11,722

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.