XELB: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, XELB has $40,462K in assets. $23,882K in debts. $1,494K in cash and cash equivalents.

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	1,494	970
Accounts receivable, net of allowances for credit losses of 30 and 0, respectively	1,403	1,823
Prepaid expenses and other current assets	1,201	416
Total current assets	4,098	3,209
Property and equipment, net	145	158
Operating lease right-of-use assets	3,196	3,385
Trademarks and other intangibles, net	32,111	32,994
Investments in unconsolidated entities	-	5,531
Other assets	912	1,912
Total non-current assets	36,364	43,980
Total assets	40,462	47,189

Accounts payable, accrued expenses and other current liabilities	1,371	1,925
Deferred revenue	1,362	1,328
Accrued income taxes payable	113	88
Current portion of operating lease obligations	1,655	1,625
Current portion of long-term debt	3,500	500
Total current liabilities	8,001	5,466
Deferred revenue	2,000	2,222
Long-term portion of operating lease obligations	4,111	4,537
Long-term debt, net, less current portion	9,038	11,753
Other long-term liabilities	732	715
Total long-term liabilities	15,881	19,227
Total liabilities	23,882	24,693
Common stock, .001 par value, 50,000,000 shares authorized, and 4,806,776 and 2,368,072 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively	5	2
Paid-in capital	109,622	107,552
Accumulated deficit	-90,928	-83,029
Total xcel brands, inc. stockholders' equity	18,699	24,525
Noncontrolling interest	-2,119	-2,029
Total stockholders' equity	16,580	22,496
Total liabilities and stockholders' equity	40,462	47,189

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.