{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-011613","form_type":"8-K","ticker":"XELB","cik":"0001083220","company_name":"XCel Brands, Inc.","filed_at":"2025-08-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.291064+00:00","generated_at":"2026-05-17T12:18:14.138347+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Xcel Brands Q2 2025 revenue $1.3M, net loss $4.0M; social following surges to 43M","bullets":["Revenue fell 55% YoY to $1.3M due to the June 2024 divestiture of the Lori Goldstein brand.","GAAP net loss of $4.0M ($1.66 per share) vs net income of $0.2M in Q2 2024.","Adjusted EBITDA negative $0.3M; 45% YoY improvement excluding Lori Goldstein contribution.","Year-to-date 2025 Adjusted EBITDA improved 38% to negative $1.0M; company targets breakeven by end of 2025.","Social media following expanded from 5M to 43M; multiple new influencer brands launched in Q2."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-011613","json":"https://secwatch.observer/filing/0001558370-25-011613.json","markdown":"https://secwatch.observer/filing/0001558370-25-011613.md","text":"https://secwatch.observer/filing/0001558370-25-011613.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083220/000155837025011613/0001558370-25-011613-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083220/000155837025011613/xelb-20250814x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T12:18:14.138347+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"}