{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-22-005649","form_type":"8-K","ticker":"XELB","cik":"0001083220","company_name":"XCel Brands, Inc.","filed_at":"2022-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:59.669731+00:00","generated_at":"2026-06-26T06:04:19.975177+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Xcel Brands Q4 revenue $8.1M (+8%), FY revenue $37.9M (+29%); GAAP net loss $0.63/share; sees 2022 profit","bullets":["FY2021 total revenue $37.9M, up 29% YoY, driven by wholesale and DTC growth; licensing rose $1.6M from Lori Goldstein acquisition.","Q4 2021 GAAP net loss $6.9M ($0.35 loss per share) vs $10.4M loss in Q4 2020; non-GAAP net loss $4.6M ($0.23 loss per share).","Full-year GAAP net loss $12.2M ($0.63/share) vs $12.9M loss in 2020; non-GAAP net loss $6.2M ($0.32/share) vs non-GAAP net income of $1.8M in 2020.","Adjusted EBITDA negative $2.5M in 2021, down from positive $4.1M in 2020; a fire at a retail partner's distribution center impacted Q4 results.","Management expects continued growth across all segments and a return to profitability in 2022, citing livestreaming investments."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-22-005649","json":"https://secwatch.observer/filing/0001558370-22-005649.json","markdown":"https://secwatch.observer/filing/0001558370-22-005649.md","text":"https://secwatch.observer/filing/0001558370-22-005649.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083220/000155837022005649/0001558370-22-005649-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083220/000155837022005649/xelb-20220414x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T06:04:19.975177+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"}