{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-22-013747","form_type":"8-K","ticker":"XELB","cik":"0001083220","company_name":"XCel Brands, Inc.","filed_at":"2022-08-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.923536+00:00","generated_at":"2026-06-23T23:01:22.860570+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Xcel Brands Q2 GAAP net income $9.5M on Isaac Mizrahi gain; non-GAAP loss $3.6M, revenue down 21%","bullets":["GAAP net income $9.5M ($0.48/diluted share) vs. loss of $1.6M in prior-year quarter; non-GAAP net loss $3.6M ($0.18 loss per share).","Revenue fell 21% to $8.5M, driven by declines in wholesale apparel and licensing revenue from Isaac Mizrahi sale.","Sold majority interest in Isaac Mizrahi brand, recognizing a $20.6M gain; 65% of cash proceeds used to pay off all debt.","Balance sheet strengthened: $10.9M cash, zero debt, $16.7M working capital at June 30, 2022.","Adjusted EBITDA was negative $2.8M vs. positive $0.9M in prior-year quarter; supply chain and inflation headwinds continue."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-22-013747","json":"https://secwatch.observer/filing/0001558370-22-013747.json","markdown":"https://secwatch.observer/filing/0001558370-22-013747.md","text":"https://secwatch.observer/filing/0001558370-22-013747.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083220/000155837022013747/0001558370-22-013747-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083220/000155837022013747/xelb-20220817x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T23:01:22.860570+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"}