Xcel Brands Inc., a media and consumer products company, reported its financial results for the year ending December 31, 2024. The company recorded a net loss attributable to stockholders of $22.4 million, compared to a net loss of $21.1 million in the previous year. The non-GAAP diluted EPS was reported at $(2.23) for the year, showing an improvement from $(6.17) in 2023. Adjusted EBITDA for 2024 was approximately $(3.5) million, an improvement from $(5.7) million in 2023. The results include asset impairment charges of $3.5 million for 2024, up from $100,000 in 2023. Interest and finance expenses increased to $931,000 in 2024 from $381,000 in the previous year. Xcel Brands continues to focus on its strategy as a media and consumer products company engaged in the design sector, though no specific outlook or guidance for future financial performance was provided in the report.