{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-014990","form_type":"8-K","ticker":"XELB","cik":"0001083220","company_name":"XCel Brands, Inc.","filed_at":"2023-08-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.098182+00:00","generated_at":"2026-06-11T09:10:54.424546+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Xcel Brands Q2 revenue $6.8M, net loss $3.5M; $13M cost savings, new licenses","bullets":["Revenue $6.8M, down 20% YoY but up 12.1% QoQ; net loss $3.5M ($0.18/share) vs prior-year $9.5M net income.","Adjusted EBITDA improved to ($0.9M) from ($2.8M) YoY; targeting positive monthly EBITDA in Q4 2023.","Master licenses signed: Judith Ripka with JTV, Halston with G-III Apparel, C Wonder with One Jeanswear.","Restructuring delivered $13M annualized cost savings; no debt and $3.5M cash as of June 30, 2023.","Six-month revenue $12.8M, net loss $9.1M; adjusted net loss $5.3M ($0.27/share)."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-014990","json":"https://secwatch.observer/filing/0001558370-23-014990.json","markdown":"https://secwatch.observer/filing/0001558370-23-014990.md","text":"https://secwatch.observer/filing/0001558370-23-014990.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083220/000155837023014990/0001558370-23-014990-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083220/000155837023014990/xelb-20230810x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T09:10:54.424546+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":[{"claim_id":"60a02b310e41b29a4bc27033f2e7b0f5082b4c51","claim":"XCel Brands, Inc. reported the six months ended June 30, 2023 results: revenue $12.8 million, net income approximately $9.1 million, or ($0.46) per share, EPS ($0.46) per share.","evidence_excerpt":"into the new long-term license agreements for our Judith Ripka, Halston, and C Wonder brands. Six Month 2023 Financial Results Total revenue for the current six-month period was $12.8 million, representing a decrease of approximately $4.4 million from the prior year period of 2022. The year-over-year revenue decline from the prior six-month period compared with the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1083220/000155837023014990/0001558370-23-014990-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended June 30, 2023"},{"label":"Revenue","value":"$12.8 million"},{"label":"Net income","value":"approximately $9.1 million, or ($0.46) per share"},{"label":"EPS","value":"($0.46) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"eb0f0eb2c6fe407d8ff4550b7923707b7c4afe5c","claim":"XCel Brands, Inc. reported the quarter ended June 30, 2023 results: revenue $6.8 million, net income approximately $3.5 million, or ($0.18) per share, EPS ($0.18) per share.","evidence_excerpt":"savings. ● Executed Master licenses for Judith Ripka, Halston and C Wonder brands with Jewelry TV (JTV), G-III Apparel Group and One Jeanswear Group, respectively. ● Revenues of $6.8 million for the quarter, an increase of $0.7 million (+12.1%) and $2.7 million (+66.8%) as compared to the quarters ended March 31, 2023, and December 31, 2022, respectively. ● GAAP net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1083220/000155837023014990/0001558370-23-014990-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$6.8 million"},{"label":"Net income","value":"approximately $3.5 million, or ($0.18) per share"},{"label":"EPS","value":"($0.18) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}