XCel Brands, Inc. XELB Income Statement

Xcel brands, inc. (XELB)

Income statement / Quarterly

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	Jun'10
Revenues
Net licensing revenue
-	-	-	-	-	-	-	-	-	-	7,890	8,370	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales
-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net revenue
9,527	11,356	10,932	9,138	10,301	9,946	8,267	8,487	8,766	-	7,890	8,370	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods sold (sales)
2,400	3,723	2,950	1,767	1,832	2,062	231	229	180	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net licensing revenue
-	-	-	-	-	-	-	-	-	-	-	-	8,430	-	-	-	-	7,323	7,289	6,269	6,524	5,598	5,378	6,064	3,540	2,683	3,075	2,885	2,903	2,583	2,765	2,456	2,628	2,616	47	-	-
Design and service fee revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	285	657	960	368	286	282	-	-	-
Net e-commerce sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	150	47	52	67	93	26	8	0	-1,003	714	289	0	-	0	0	-	-	-	-	-
Sales
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	130	32	-	-	-	-	-	-	-	-	-
Direct licensing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34	252	-	-	-
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	8,430	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,880	2,646	-	0	0
Net revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	6,899	8,320	9,112	8,361	7,473	7,336	6,321	6,591	5,691	5,404	6,072	3,540	2,852	3,919	3,206	3,188	3,240	3,725	2,824	2,914	2,898	-	-	-
Cost of goods sold (sales)
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	136	51	35	45	51	18	4	0	-74	61	13	0	-	0	0	-	-	-	-	-
Gross profit
7,127	7,633	7,982	7,371	8,469	7,884	8,036	8,258	8,586	7,016	7,890	8,370	8,430	-	-	-	-	7,337	7,285	6,286	6,546	5,640	5,386	6,068	3,540	2,926	3,858	3,193	3,188	-	3,725	2,824	-	-	-	-	-
Operating costs and expenses
Salaries, benefits and employment taxes
3,948	-	-	-	4,145	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Salaries, benefits and employment taxes
-	-	4,045	3,848	-	4,199	3,815	4,121	4,425	3,954	4,079	4,360	4,367	-	4,054	4,217	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Salaries, benefits and employment taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,210	2,601	3,463	3,073	3,103	2,752	2,390	2,405	1,976	1,663	1,646	1,502	1,565	1,661	1,281	1,307	1,226	-	-	-	-
Other design and marketing costs
992	812	797	797	758	502	639	817	738	549	287	645	871	742	779	831	829	614	669	808	284	317	411	181	175	148	39	88	198	246	167	161	154	1,027	-	-	-
Other selling, general and administrative expenses
1,737	1,433	1,356	1,173	1,590	1,520	1,281	1,117	1,293	1,097	1,188	1,134	1,280	-	1,175	2,020	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs in connection with potential acquisition
-	-	126	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other selling, general and administrative expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,345	1,161	961	535	986	1,250	475	701	680	410	748	550	604	488	444	543	575	-	-	-	-
Stock-based compensation
243	199	295	135	347	373	447	461	507	688	690	723	1,083	973	1,089	1,453	1,212	1,227	1,292	1,108	1,013	832	936	1,818	1,565	158	2,295	2,292	65	1,144	2,043	1,408	28	-	-	-	-
Depreciation and amortization
1,303	-	-	-	948	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	991	1,000	-	457	456	456	411	389	389	390	394	-	387	359	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,423	859	19	72
Acquisition and due diligence costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	620	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	426	426	373	318	262	240	235	236	224	210	222	224	217	216	216	215	209	211	2	-	-
Total operating costs and expenses
8,223	14,567	7,610	6,953	7,788	7,850	6,638	6,972	7,374	-	6,633	7,252	-	6,849	7,484	8,880	8,022	6,029	6,758	5,842	5,648	5,391	4,447	5,341	4,620	2,589	4,950	4,656	2,649	3,755	4,151	3,634	2,192	2,661	1,482	-	-
Other income
Acquisition and due diligence costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	498	-	-	-
Gain on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Gain on reduction of contingent obligation
-	-	0	2,850	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Total other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2,240	-	-	0	600	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other income
-	-	0	2,850	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,749	0	-	-	-	-	-	-	-	-	-
Total other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	498	-	-	-
Total operating costs and expenses
-	-	-	-	-	-	-	-	-	-	-	-	7,995	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19	72
Operating (loss) income
-1,096	-6,934	372	3,268	681	34	1,398	1,286	1,212	-12,032	1,257	1,118	435	3,459	836	232	339	1,308	527	2,684	287	249	939	1,327	-1,080	359	2,657	-1,463	539	6,241	-426	-810	688	-513	-1,434	-19	-72
Interest and finance expense
Bargain purchase price
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	433	-	-
Interest expense - term debt
288	304	317	326	264	206	224	234	248	266	273	304	328	330	340	352	311	295	304	309	312	237	227	226	144	144	189	273	276	290	286	286	286	296	6	-	-
Other interest and finance charges
6	13	13	22	26	-5	34	32	38	-	41	44	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on reduction of contingent obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	3,000	-	-	0	600	-	-	5,100	0	-	-	0	-	-	-	-	-	-
Loss on extinguishment of debt
0	0	0	0	-189	-	0	0	0	-	-	-	-	-	-	-	-	0	0	-760	-611	0	0	0	0	-	-1,351	-	-	-	0	-	-	-	-	-	-
Other interest and finance charges
-	-	-	-	-	-	-	-	-	-	-	-	50	91	122	178	124	133	128	124	199	190	187	183	94	159	196	247	242	249	262	259	257	250	6	-	-
Total interest and finance expense
294	317	330	348	479	201	258	266	286	307	314	348	378	421	462	530	435	428	432	433	511	427	414	409	238	-	-	-	-	-	-	-	-	-	-	-	-
Total interest and finance expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	385	520	518	539	548	545	543	546	-	-	-
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60	-
Total interest and finance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	419	60	-
(Loss) income before income taxes
-1,390	-7,251	42	2,920	202	-167	1,140	1,020	926	-12,339	943	770	57	3,038	374	-298	-96	880	95	2,251	-224	-178	525	918	-1,318	56	2,272	-1,983	21	5,702	-974	-1,355	145	-1,059	-1,014	40	-72
Income tax (benefit) provision
-552	-1,924	137	1,070	75	115	160	1,130	426	-2,151	691	557	456	318	256	-208	-51	121	51	90	-106	-165	242	320	-494	304	-847	-787	8	-246	-502	-1	-17	-190	1	0	0
Net (loss) income
-838	-	-	-	127	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net loss attributable to noncontrolling interest
-33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	759	44	2,161	-118	-13	283	598	-824	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	-14	-54	-213	-539	-217	-189	-131	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income attributable to Xcel Brands, Inc. stockholders
-805	-5,310	-95	1,852	127	-281	982	-113	500	-10,188	252	213	-399	2,754	118	-90	-45	768	30	2,107	-331	-552	66	409	-955	-404	3,119	-1,196	13	5,948	-472	-1,354	162	-869	-1,015	40	-72
(Loss) earnings per share attributable to Xcel Brands, Inc. common stockholders:
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.14	-	-	0.02	0.05	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.01	-	-	-0.01	-0.02	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.13	-	-	0.01	0.03	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic net (loss) income per share:
-0.04	-0.28	-0.01	0.10	0.01	-0.01	0.05	-0.01	0.03	-0.55	0.01	0.01	-0.02	-	0.01	0.00	-	-	-	-	-	-	-	-	-	-	0.31	-0.13	0.00	-	-0.06	-	0.03	-0.15	-	0.00	0.00
Diluted net (loss) income per share:
-0.04	-0.28	-0.01	0.10	0.01	-0.01	0.05	-0.01	0.03	-0.55	0.01	0.01	-0.02	-	0.01	0.00	-	-	-	-	-	-	-	-	-	-	0.29	-0.13	0.00	-	0.00	-	0.02	-	-	0.00	0.00
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	0.05	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-0.02	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.03	-	-	-	-	-	-	-	-	-	-	-	-	-
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.15	-0.01	-	-	-	-0.08	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.01	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted net loss per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	0.00	0.14	-0.02	-	-	-	-	-	-	-	-	-	-	-0.19	-	-	-1.02	-	-
Discontinued operations, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.09	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted weighted average common shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,458	-	-	-	14,069	-	-	-	10,830	-	-	-	-	-	-	6,981	-	-	-	-	-
Weighted average number of common shares outstanding:
Basic weighted average common shares outstanding
18,870	18,916	18,975	18,976	18,562	18,208	18,266	18,314	18,333	18,413	18,470	18,449	18,674	-	18,692	18,671	-	-	17,187	14,850	-	-	12,021	11,713	-	10,126	10,167	9,138	7,339	-	7,517	-	5,810	5,770	-	97,053	97,053
Diluted weighted average common shares outstanding
18,870	18,915	18,975	18,977	18,562	17,827	18,267	18,314	18,716	17,647	18,872	18,813	18,674	-	19,068	18,671	-	-	18,278	15,963	-	-	13,034	12,710	-	11,351	10,753	9,138	7,922	-	7,517	-	6,553	-	-	97,583	97,053
Basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	998	-	-
Net licensing revenue [Member]
Net revenue
5,641	5,341	6,428	6,803	7,863	6,745	7,823	8,141	8,481	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales revenue [Member]
Net revenue
3,886	6,015	4,504	2,335	2,438	3,201	444	346	285	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-