{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-21-016163","form_type":"8-K","ticker":"XELB","cik":"0001083220","company_name":"XCel Brands, Inc.","filed_at":"2021-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:04:11.412168+00:00","generated_at":"2026-06-28T06:50:20.573842+00:00","sec_items":["1.01","2.03","2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Xcel Q3 revenue up 52% to $11.3M; net loss $1.1M; amended credit agreement covenants","bullets":["Q3 total revenue $11.3M (+52% YoY); net loss $1.1M (-$0.06 diluted EPS) vs loss $0.4M in prior year","Adjusted EBITDA $1.0M in Q3, down from $1.4M in prior year; nine-month adjusted EBITDA $1.0M vs $3.9M","Nine-month net loss $5.2M (-$0.27 diluted); non-GAAP net loss $1.6M (-$0.08) vs net income $2.1M prior year","Covenants amended: minimum EBITDA targets, $4M liquid assets, fixed charge ratio >=1.00, leverage <=6.75x for Q4 2021"],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-21-016163","json":"https://secwatch.observer/filing/0001558370-21-016163.json","markdown":"https://secwatch.observer/filing/0001558370-21-016163.md","text":"https://secwatch.observer/filing/0001558370-21-016163.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083220/000155837021016163/0001558370-21-016163-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083220/000155837021016163/xelb-20211115x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T06:50:20.573842+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}