AurumUI - Designing a badge

Recently I decided to start building out a UI Web Component Library called Aurum UI. In today's post, I look at my design idea for a badge component

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For this component, I have decided to split up the initial design idea into the following 5 characteristics.

Design

The design is currently just focused on two types

Shape

Size

This will come in a few sizes which I have yet to determine in the grander library as a whole so will not be available straight away.

Selectable

If marked true, the button will have a hover state indicated by a shadow appearing on the hover and firing a click event.

Closable

If marked true, the button will have an 'x' on the right-hand side, that when clicked will fire off an event that is separate from the selectable event.

I have decided to try and keep this design very simple including allowing the user to pass in an icon that will display on the left-hand side of the badge.

Do you think I am missing anything from this badge design? If so let me know in the comments section below.