XELB

#4839
Xcel Brands, Inc - Common Stock
1.1 8 USD
-0.03%
Settore: Beni di Consumo Ciclici
Base: USD
Valuta di Profitto: USD
Intervallo Giornaliero
1.17
1.21
Intervallo Annuale
1.15
2.47
Variazione giornaliera
-3.28%
Variazione Mensile
-35.52%
Variazione di 6 mesi
-42.72%
Variazione Annuale
-42.72%
Chiusura Precedente
1.2 2
Open
1.2 0
Minimo
1.1 7
High
1.2 1
Volume
25
Apri il grafico completo

Financials

Panoramica Estratto Conto Statistiche Documents

2026

Current report, Q2 FY2026
Xcel Brands, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Xcel Brands, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Xcel Brands, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Xcel Brands, Inc. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
Xcel Brands, Inc. quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
Xcel Brands, Inc. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
Xcel Brands, Inc. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
Xcel Brands, Inc. current report, Q1 FY2026
8-K

2025

Annual report, FY2025
Xcel Brands, Inc. annual report, FY2025
10-K
Current report, Q4 FY2025
Xcel Brands, Inc. current report, Q4 FY2025
8-K

Xcel Brands, Inc. current report, Q3 FY2025

Xcel Brands, Inc. (XELB) - Form 8-K Summary

Business Context and Reporting Period

This Current Report on Form 8-K was filed by Xcel Brands, Inc. on September 19, 2025, covering events occurring on September 15, 2025. The filing addresses significant changes in the Company's independent registered public accounting firm.

Key Financial Metrics

This filing does not contain revenue, profit, cash flow, margin, debt, or liquidity figures. The document focuses exclusively on auditor changes and related disclosures.

Material Changes and Auditor History

  • Dismissal of CBIZ CPAs P.C.: On September 15, 2025, the Audit Committee dismissed CBIZ CPAs P.C. as the independent registered accounting firm. CBIZ was appointed on May 27, 2025, following the dismissal of Marcum LLP.
  • Appointment of Wolf & Company, PC: On September 15, 2025, the Audit Committee approved the engagement of Wolf & Company, PC ("Wolf") as the new independent registered public accounting firm for the fiscal year ending December 31, 2025, and the interim period ending September 30, 2025.
  • Reporting Status: CBIZ CPAs did not issue an audit report during its engagement period.

Management Commentary, Risks, and Contingencies

The filing discloses a material weakness in internal controls that contributed to the Company's inability to file its Annual Report on Form 10-K and Quarterly Report on Form 10-Q within SEC deadlines. Specifically:

  • The Company failed to maintain appropriately designed entity-level controls impacting Information and Communication and Monitoring related to a material asset.
  • The Company is dependent on a third party to report financial information regarding an investment in an unconsolidated affiliate.
  • Delays in receiving information from this third party prevented the Company from meeting SEC filing deadlines.
  • There were no disagreements with CBIZ CPAs regarding accounting principles, practices, or auditing scope, aside from the aforementioned material weakness.

Investor Verification Checklist

  • Verify the status of the Company's overdue Form 10-K and Form 10-Q filings.
  • Confirm the timeline for Wolf & Company, PC to complete the audit for the fiscal year ending December 31, 2025.
  • Assess the progress of remediation efforts regarding the material weakness in entity-level controls and third-party reporting dependencies.
  • Review the letter from CBIZ CPAs P.C. (Exhibit 16.1) for any additional context on the dismissal.

Notizie