Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number: 001-37527 XCEL BRANDS, INC. (Exact name of registrant as specified in its charter) | Delaware | 76-0307819 | | --- | ...

Xcel Brands, Inc. (NASDAQ:XELB) Q1 2020 Results Conference Call May 19, 2020 5:00 PM ET Company Participants Stan Berger - SM Berger & Company, Inc. Robert D'Loren - Chief Executive Officer Jim Haran - Chief Financial Officer Operator Thank you for standing by. This is the conference operator. Welcome to the Xcel Brands First Quarter Fiscal Year 2020 Financial Results Conference Call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number: 001 ‑ 37527 XCEL BRANDS, INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of ...

Table of Contents FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2019 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Securities registered pursuant to Section 12(g) of the Exchange Act: None Commission File Number: 001‑37527 OR ◻ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 XCEL BRANDS, INC. (Exact name of Registrant as specified in its charter) ...

Xcel Brands, Inc. (NASDAQ:XELB) Q4 2019 Earnings Conference Call April 14, 2020 5:00 PM ET Company Participants Andrew Berger - IR, SM Berger & Company, Inc. Robert D’Loren - Chief Executive Officer James Haran - Chief Financial Officer Conference Call Participants John Morris - D.A. Davidson Walter Schenker - MAZ Capital Advisors Operator Welcome to the Xcel Brands Fourth Quarter and Annual 2019 Earnings Conference Call. [Operator Instructions] Please be advised that reproduction of this call in whole or i ...

PART I - FINANCIAL INFORMATION This section provides Xcel Brands' unaudited condensed consolidated financial statements and management's discussion and analysis [Item 1. Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) Presents Xcel Brands' unaudited condensed consolidated financial statements, covering balance sheets, operations, equity, cash flows, and detailed accounting notes [Unaudited Condensed Consolidated Balance Sheets](index=4&type=section&id=Unaudited%20Condensed%20Consolidated%20Balance%20Sheets) Summarizes Xcel Brands' financial position, detailing assets, liabilities, and stockholders' equity as of September 30, 2019, and December 31, 2018 Unaudited Condensed Consolidated Balance Sheets (in thousands) | Metric | September 30, 2019 (Unaudited) (in thousands) | December 31, 2018 (Note 1) (in thousands) | | :--------------------------------- | :------------------------------------------ | :--------------------------------------- | | **Assets** | | | | Cash and cash equivalents | $5,890 | $8,837 | | Total current assets | $19,230 | $23,875 | | Total non-current assets | $132,223 | $114,184 | | **Total Assets** | **$151,453** | **$138,059** | | **Liabilities** | | | | Total current liabilities | $12,241 | $16,116 | | Total long-term liabilities | $35,803 | $22,061 | | **Total Liabilities** | **$48,044** | **$38,177** | | **Stockholders' Equity** | | | | Total Stockholders' Equity | $103,409 | $99,882 | | **Total Liabilities and Stockholders' Equity** | **$151,453** | **$138,059** | [Unaudited Condensed Consolidated Statements of Operations](index=6&type=section&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Operations) Presents Xcel Brands' revenues, expenses, and net income (loss) for the three and nine months ended September 30, 2019 and 2018 Unaudited Condensed Consolidated Statements of Operations (in thousands) | Metric (in thousands) | Three Months Ended Sep 30, 2019 | Three Months Ended Sep 30, 2018 | Nine Months Ended Sep 30, 2019 | Nine Months Ended Sep 30, 2018 | | :-------------------- | :------------------------------ | :------------------------------ | :----------------------------- | :----------------------------- | | Net revenue | $10,932 | $8,267 | $30,371 | $25,520 | | Gross profit | $7,982 | $8,036 | $23,822 | $24,880 | | Operating income | $372 | $1,398 | $4,321 | $3,896 | | Net (loss) income | $(95) | $982 | $1,884 | $1,369 | | Basic net (loss) income per share | $(0.01) | $0.05 | $0.10 | $0.07 | | Diluted net (loss) income per share | $(0.01) | $0.05 | $0.10 | $0.07 | - Net revenue for the three months ended September 30, 2019, increased by approximately **$2.6 million** to **$10.9 million**, primarily due to growth in jewelry wholesale, e-commerce, and apparel wholesale sales[142](index=142&type=chunk)[143](index=143&type=chunk) - Net loss for the current quarter was **$(0.10) million**, a decrease from net income of **$0.98 million** in the prior year quarter[151](index=151&type=chunk) [Unaudited Condensed Consolidated Statements of Stockholders' Equity](index=7&type=section&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Stockholders'%20Equity) Details changes in Xcel Brands' stockholders' equity, including common stock, paid-in capital, and retained earnings, for the period ended September 30, 2019 Unaudited Condensed Consolidated Statements of Stockholders' Equity (in thousands) | Metric (in thousands) | December 31, 2018 | September 30, 2019 | | :-------------------- | :---------------- | :----------------- | | Common Stock Amount | $18 | $19 | | Paid-In Capital | $100,097 | $101,739 | | Retained Earnings (Accumulated Deficit) | $(233) | $1,651 | | Total Stockholders' Equity | $99,882 | $103,409 | - Total Stockholders' Equity increased from **$99.88 million** at December 31, 2018, to **$103.41 million** at September 30, 2019, driven by common stock issuance for the Halston Heritage acquisition and net income, partially offset by share repurchases[19](index=19&type=chunk) [Unaudited Condensed Consolidated Statements of Cash Flows](index=10&type=section&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Outlines Xcel Brands' cash inflows and outflows from operating, investing, and financing activities for the nine months ended September 30, 2019 and 2018 Unaudited Condensed Consolidated Statements of Cash Flows (in thousands) | Cash Flow Activity (in thousands) | Nine Months Ended Sep 30, 2019 | Nine Months Ended Sep 30, 2018 | | :-------------------------------- | :----------------------------- | :----------------------------- | | Net cash provided by operating activities | $3,009 | $4,713 | | Net cash used in investing activities | $(9,748) | $(1,099) | | Net cash provided by (used in) financing activities | $3,419 | $(5,161) | | Net decrease in cash, cash equivalents, and restricted cash | $(3,320) | $(1,547) | | Cash, cash equivalents, and restricted cash at end of period | $6,999 | $10,147 | - Net cash provided by operating activities decreased to **$3.01 million** in the current nine months from **$4.71 million** in the prior year, primarily due to changes in operating assets and liabilities and the gain on reduction of contingent obligations[180](index=180&type=chunk)[181](index=181&type=chunk)[182](index=182&type=chunk)[183](index=183&type=chunk) - Net cash used in investing activities significantly increased to **$(9.7) million** in the current nine months, mainly due to the cash consideration paid for the Halston Heritage Brands acquisition[184](index=184&type=chunk) - Net cash provided by financing activities was **$3.4 million** in the current nine months, a reversal from **$(5.16) million** used in the prior year, driven by proceeds from long-term debt partially offset by debt payments[185](index=185&type=chunk)[186](index=186&type=chunk) [Notes to Unaudited Condensed Consolidated Financial Statements](index=13&type=section&id=Notes%20to%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) Provides detailed explanations and disclosures regarding the accounting policies, significant transactions, and financial instrument specifics presented in the financial statements [1. Nature of Operations, Background, and Basis of Presentation](index=13&type=section&id=1.%20Nature%20of%20Operations,%20Background,%20and%20Basis%20of%20Presentation) Describes Xcel Brands' business model, brand portfolio, sales strategy, and the basis for presenting its unaudited condensed consolidated financial statements - Xcel Brands, Inc. is a media and consumer products company focused on design, production, marketing, wholesale, and direct-to-consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products, as well as acquiring dynamic consumer lifestyle brands[28](index=28&type=chunk)[137](index=137&type=chunk) - The Company owns and manages brands including Isaac Mizrahi, Judith Ripka, Halston, and C Wonder, utilizing a ubiquitous sales strategy across interactive television, internet, brick-and-mortar retail, and e-commerce channels[28](index=28&type=chunk)[137](index=137&type=chunk) - Effective January 1, 2019, the Company adopted ASU 2016-02 (Leases Topic 842), resulting in the recognition of approximately **$10.4 million** in operating lease right-of-use (ROU) assets and **$13.2 million** in lease liabilities, with a **$2.8 million** decrease in accrued rent[30](index=30&type=chunk) [2. Trademarks and Other Intangibles](index=15&type=section&id=2.%20Trademarks%20and%20Other%20Intangibles) Details the carrying amounts and amortization of Xcel Brands' trademarks and other intangible assets, including changes due to acquisitions and reclassifications Intangible Asset Net Carrying Amount (in thousands) | Intangible Asset (in thousands) | September 30, 2019 Net Carrying Amount | December 31, 2018 Net Carrying Amount | | :------------------------------ | :------------------------------------- | :------------------------------------ | | Trademarks (indefinite-lived) | $69,100 | $96,707 | | Trademarks (finite

Financial Data and Key Metrics Changes - Total top-line revenues grew 32% in Q3 2019 compared to the same period in 2018, with a year-to-date increase of 19% [10][31] - Net revenues for Q3 2019 reached $10.9 million, an increase of approximately $2.6 million or 32% over the prior year quarter [26] - Net loss for Q3 2019 was approximately $0.1 million or $0.01 per diluted share, compared to net income of $1 million or $0.05 per diluted share for the prior year quarter [29] - Non-GAAP net income for Q3 2019 was approximately $1.2 million, down from $1.9 million in the prior year quarter [30] Business Line Data and Key Metrics Changes - The interactive television business performed well, particularly the Isaac Mizrahi brand, with successful collaborations [14] - The wholesale apparel business saw increased sales and improved margins, with positive industry feedback on new collections [15] - The Judith Ripka e-commerce and wholesale business continued to show strong growth [17] Market Data and Key Metrics Changes - The company has proactively sourced the majority of its products outside of China to manage tariff impacts, with no tariff impact on the jewelry business [16][17] - The company launched several collaborations, including a successful collection with New Balance and a partnership with Sesame Street [19][20] Company Strategy and Development Direction - The company is transitioning from a licensing model to an advanced technology-based operating model, focusing on growth opportunities through acquisitions and organic expansion [12][13] - The acquisition of the Longaberger brand is seen as synergistic with the company's existing portfolio and sales strategy [21][22] Management Comments on Operating Environment and Future Outlook - Management acknowledged macro headwinds in the jewelry business but emphasized effective cost management [14] - The company expects continued growth in wholesale and e-commerce to lead to increased gross profit margins and higher earnings [39] Other Important Information - The company incurred costs related to potential acquisitions during Q3 2019 [23] - As of September 30, 2019, the company had unrestricted cash and cash equivalents of approximately $5.9 million, down from $8.8 million at the end of 2018 [37] Q&A Session Summary - No questions were taken during the earnings call due to ongoing activities related to potential acquisitions [3]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number: 001-37527 XCEL BRANDS, INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of (I.R.S. Employer Incorpo ...

Xcel Brands, Inc. (NASDAQ:XELB) Q2 2019 Earnings Conference Call August 8, 2019 9:00 AM ET Company Participants Andrew Berger - MD, SM Berger & Co. Robert D'Loren - Chairman & CEO Jim Haran - CFO Conference Call Participants Michael Kawamoto - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to Xcel Brands Second Quarter Fiscal Year 2019 Financial Results Conference Call and Webcast. [Operator Instructions] Please be advised that reproduction of this call, in whole or in part, is not permi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number: 001-37527 XCEL BRANDS, INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of (I.R.S. Employer Incorp ...