XCel Brands, Inc. XELB Balance Sheet

Xcel brands, inc. (XELB)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Assets
Current Assets:
Cash and cash equivalents
4,246	4,641	5,890	6,271	6,802	8,837	8,638	7,643	8,896	10,185	8,273	7,621	10,201	14,127	15,158	13,471	12,586	16,860	16,204	2,617	6,208	8,531	5,532	5,107	6,468	7,461	7,867	8,319	3,730	3,929	4,131	3,663	2,946	2,718	-	-	-
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	175	-	-	-
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	175	-	-
Cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,128	207	251
Accounts receivable, net
8,843	10,622	9,972	8,866	9,976	11,000	9,640	10,073	9,328	8,500	9,517	8,748	8,706	6,969	8,804	10,077	9,127	7,594	7,491	6,566	4,883	3,641	5,369	4,769	3,725	3,541	4,688	3,718	3,314	3,428	3,342	2,674	2,424	2,191	47	-	-
Deferred tax assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	622	650	633	-	-	-	-	49	-	-	-	-	-	-	-	-	-	-	-
Current assets held for disposition from discontinued retail operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	9	425	503	-	-	-	173	-	-	-	-	-	-	-	-	-	-	-
Inventory
788	899	2,075	875	1,417	1,988	924	789	-	0	-	-	-	-	-	-	-	-	-	-	-	-	409	440	125	-	90	97	-	0	-	-	-	-	-	-	-
Prepaid expenses and other current assets
1,433	1,404	1,293	1,374	1,749	2,040	1,508	1,502	658	592	594	876	887	807	455	567	726	655	609	725	699	532	-	-	-	444	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	495	520	594	-	400	278	307	329	415	236	336	401	265	-	-
Other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69	79	157	85	-	-	-
Total current assets
15,310	17,566	19,230	17,386	19,944	23,875	20,710	20,007	18,882	19,305	18,384	17,245	19,794	21,903	24,417	24,115	22,439	25,109	24,934	10,567	12,848	13,207	11,805	10,836	10,912	11,668	13,045	12,412	7,351	7,686	7,957	6,652	5,863	5,570	4,441	207	251
Leasehold improvements, furniture and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,566	2,370	2,227	-	1,784	1,731	1,567	1,516	1,509	1,489	1,443	1,399	1,255	-	-
Less: accumulated depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,117	987	869	-	669	581	489	403	320	235	153	76	1	-	-
Property and equipment, net
4,107	3,666	3,613	3,414	3,312	3,202	2,999	3,151	3,290	2,376	2,441	2,520	2,624	2,600	2,456	2,369	973	871	578	693	834	833	1,449	1,383	1,358	979	1,115	1,150	1,078	1,113	1,189	1,254	1,290	1,323	1,253	-	-
Operating lease right-of-use assets
8,913	9,250	9,583	9,913	8,354	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trademarks and other intangibles, net
109,955	111,095	117,347	118,176	119,004	108,989	109,272	109,554	109,837	110,120	110,396	110,673	110,955	111,220	111,502	111,759	112,041	112,323	112,604	97,379	97,536	97,679	69,692	69,826	45,176	45,308	45,440	45,572	45,704	45,835	58,804	57,197	57,329	46,364	48,229	-	-
Goodwill
-	-	-	-	-	-	-	-	-	-	12,371	12,371	12,371	12,371	12,371	12,371	12,371	12,371	12,371	12,371	12,371	12,371	12,371	12,371	12,371	12,371	12,371	12,371	12,371	12,371	-	-	-	12,371	-	-	-
Deferred finance costs, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	518	557	595	-	381	404	223	199	209	390	420	450	475	506	560	591	609	-	-
Restricted cash
1,109	1,109	1,109	1,109	1,109	1,482	1,509	1,509	1,509	1,509	1,509	1,509	1,509	1,509	1,509	1,509	1,109	1,109	1,112	1,109	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	289	305	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	185	185	-	-	-	-
Other assets
490	505	571	769	594	511	726	735	1,696	1,708	1,501	1,505	1,514	1,517	282	282	287	343	322	888	274	271	82,733	82,906	492	334	264	375	323	349	314	57,888	58,074	9	49,014	-	-
Total non-current assets
124,574	125,625	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term assets held for disposition from discontinued retail operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	123	-	-	-	184	-	-	-	-	-	-	-	-	-	-	-
Total non-current assets
-	-	132,223	133,381	132,373	114,184	114,506	114,949	116,332	115,713	128,218	128,578	128,973	129,217	128,120	128,290	126,781	127,017	126,927	112,304	110,776	110,444	-	-	58,262	58,396	58,284	58,708	58,818	59,005	59,593	-	-	59,335	-	-	-
Total Assets
139,884	143,191	151,453	150,767	152,317	138,059	135,216	134,956	135,214	135,018	146,602	145,823	148,767	151,120	152,537	152,405	149,220	152,126	152,439	123,564	124,458	124,484	95,987	95,125	70,532	71,043	72,444	72,270	67,247	67,804	68,739	65,794	65,227	66,228	54,709	207	251
Liabilities and Equity
Current Liabilities:
Accounts payable, accrued expenses and other current liabilities
3,747	4,391	4,527	2,651	3,888	5,140	2,499	2,278	1,553	1,260	839	1,054	2,228	1,523	4,678	3,822	2,263	1,448	2,251	2,296	2,858	3,529	2,892	2,245	1,292	1,238	1,110	1,219	928	1,421	912	944	834	878	-	14	84
Accrued payroll
365	1,444	1,232	872	1,859	2,011	1,653	1,437	2,253	2,270	1,781	1,261	833	2,185	-	-	-	1,924	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	284	264	-	13	-	-	16	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of accrued rent liability
-	-	0	0	0	690	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of operating lease obligation
1,800	1,752	1,732	1,711	1,106	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	22	24	-	73	73	75	234	12	39	40	597	719	206	264	256	-	-	387	491	119	172	205	221	314	366	411	503	-	-	-
Installment obligations in connection with the acquisition of the Ripka Brand
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	7	1,290	2,190	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	422	919	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	819	108	104	-	2,277	2,361	36	66	88	161	210	144	102	128	115	66	-	-	-
Current portion of installment debt obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44	-	-	-
Accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	525	-	-
Accrued expenses and other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	137	-	-
Due to affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	-	-
Current portion of long-term debt
3,375	2,250	4,750	4,500	4,250	5,325	5,315	6,038	5,475	5,459	4,459	3,943	6,193	6,427	5,302	8,058	7,864	8,918	12,464	7,750	6,615	5,650	2,500	1,875	1,250	565	6,244	1,688	1,519	1,350	1,374	847	427	0	22	-	-
Current portion of long-term debt, contingent obligations
-	-	-	-	-	2,950	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of long-term debt, contingent obligations
-	-	0	0	2,850	-	2,950	100	100	100	100	100	-	0	0	0	0	250	250	2,766	5,766	5,766	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current liabilities held for disposition from discontinued retail operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65	155	261	218	-	-	-	51	-	-	-	-	-	-	-	-	-	-	-
Total current liabilities
9,287	9,837	12,241	10,018	14,217	16,116	12,430	9,875	9,405	9,105	7,252	6,431	9,329	10,369	9,992	11,919	10,167	13,137	16,568	13,288	17,158	17,609	8,091	7,400	2,965	2,411	7,561	3,240	2,862	3,136	2,702	2,285	1,787	1,491	687	14	84
Long-Term Liabilities:
Long-term portion of accrued rent liability
-	-	0	0	0	2,202	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term portion of operating lease obligation
9,297	9,773	10,221	10,662	9,861	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Term loan, net of short-term portion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,307	11,786	12,065	12,344	12,282	-	-
Seller note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,166	6,030	5,896	5,765	5,598	-	-
Long-term debt, less current portion
15,471	16,571	15,939	17,180	18,387	11,300	12,266	16,080	17,696	19,389	20,337	22,019	23,817	25,495	31,094	29,843	30,793	31,860	29,719	32,501	36,044	39,024	38,652	39,120	23,240	24,161	19,426	28,438	28,748	29,046	1,002	1,002	1,058	1,114	-	-	-
Contingent obligation
900	900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax liabilities, net
6,882	7,434	9,419	9,282	8,214	8,139	-	-	-	6,375	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contingent obligations - seller
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,766	17,765	17,765	17,765	18,258	-	-
Deferred tax liabilities, net
-	-	-	-	-	-	8,092	7,934	6,801	-	8,605	7,914	7,357	6,901	6,746	6,490	6,698	6,749	7,982	7,946	7,714	7,449	7,678	8,105	-	9,037	8,656	9,251	10,127	-	11,022	9,748	9,809	11,105	-	-	-
Other long-term liabilities
224	224	224	224	224	-	2,307	2,375	2,420	2,455	2,637	2,472	2,202	2,181	2,074	1,821	594	297	268	238	208	178	-	-	-	57	-	-	-	-	-	-	-	13	-	-	-
Deferred tax liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,346	-	-	-	-	10,177	-	-	-	-	-	-	-
Other long-term liabilities
-	-	-	-	-	420	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	120	52	54	-	-	-	-	-	372	365	27	-	1,132	-	-
Deferred revenue, net of short-term portion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	550	488	467	480	-	-	-	13	-	-	-
Total long-term liabilities
32,774	34,902	35,803	37,348	36,686	22,061	22,665	26,389	26,917	28,219	31,579	32,405	33,376	34,577	39,914	38,154	38,085	38,906	37,969	40,685	43,966	46,651	46,450	47,277	31,640	33,255	28,632	38,177	39,342	39,703	47,635	46,696	46,620	48,119	37,272	-	-
Total Liabilities
42,061	44,739	48,044	47,366	50,903	38,177	35,095	36,264	36,322	37,324	38,831	38,836	42,705	44,946	49,906	50,073	48,252	52,043	54,537	53,973	61,124	64,260	54,541	54,677	34,605	35,666	36,193	41,417	42,204	42,839	50,337	48,981	48,407	49,610	37,960	14	84
Commitments and Contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	0	0	0	0
Equity:
Preferred stock, $.001 par value, 1,000,000 shares authorized, none issued and outstanding
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Common stock, $.001 par value, 50,000,000 shares authorized at March 31, 2020 and December 31, 2019, respectively, and 19,047,561 and 18,866,417 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively
19	19	19	19	19	18	18	18	18	18	18	18	18	19	19	19	19	18	18	15	14	14	12	12	10	10	10	10	7	7	7	7	6	6	5	97	97
Paid-in capital
-	-	101,739	101,636	101,501	100,097	100,055	99,608	99,695	98,997	98,886	98,354	97,642	97,354	96,563	96,382	94,928	93,999	92,586	64,308	60,159	56,718	37,390	36,458	32,348	30,843	31,313	29,034	22,031	21,966	21,351	19,290	-	17,904	-	38,243	38,243
Paid-in capital
101,945	101,736	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,944	-	18,171	-	-
Accumulated deficit
-4,464	-3,659	1,651	1,746	-106	-233	48	-934	-821	-1,321	8,867	8,615	8,402	8,801	6,049	5,931	6,021	6,066	5,298	5,268	3,161	3,492	4,044	3,978	3,569	4,524	4,928	1,809	3,005	2,992	-2,956	-2,484	-1,130	-1,292	-1,428	-38,146	-38,173
Total Xcel Brands, Inc. stockholders' equity
97,500	98,096	103,409	103,401	101,414	99,882	100,121	98,692	98,892	97,694	107,771	106,987	106,062	106,174	102,631	102,332	100,968	100,083	97,902	69,591	63,334	60,224	41,446	40,448	35,927	35,377	36,251	30,853	25,043	24,965	18,402	16,813	16,820	16,618	16,748	193	166
Noncontrolling interest
323	356	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Equity
97,823	98,452	-	-	-	99,882	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities and Equity
139,884	143,191	151,453	150,767	152,317	138,059	135,216	134,956	135,214	135,018	146,602	145,823	148,767	151,120	152,537	152,405	149,220	152,126	152,439	123,564	124,458	124,484	95,987	95,125	70,532	71,043	72,444	72,270	67,247	67,804	68,739	65,794	65,227	66,228	54,709	207	251