| Schedule of computation of basic and diluted (losses)/net earnings per common share |
| | | | | | | | | Year ended | | | December 31, | | | 2025 | | 2024 | Basic numerator: | | | | | | | Net loss attributable to XWELL, Inc. | | $ | (16,991) | | $ | (16,853) | Less: preferred stock dividends | | | (509) | | | — | Less: preferred stock accretion | | | (4,000) | | | — | Less: deemed dividend on warrant exchange | | | (2,334) | | | | Less: deemed dividend on Exchange of Series G Preferred Stock | | | (4,399) | | | | Net loss attributable to common shareholders | | $ | (28,233) | | $ | (16,853) | Basic denominator: | | | | | | | Basic weighted average shares outstanding | | | 5,560,015 | | | 4,610,940 | Basic loss per share | | $ | (5.08) | | $ | (3.66) | | | | | | | | Net loss per share data presented above excludes from the calculation of diluted net loss, the following potentially dilutive securities, having an anti-dilutive impact, in case of net loss | | | | | | | Both vested and unvested options to purchase an equal number of shares of Common Stock | | | 921,267 | | | 539,799 | Unvested RSUs to issue an equal number of shares of Common Stock | | | 55,000 | | | 30,000 | Series A and Series B warrants to purchase shares of Common Stock | | | 9,045,000 | | | — | Series G Convertible Preferred Stock on an as converted basis | | | 379,640 | | | — | Convertible notes payable on an as converted basis | | | 4,303,880 | | | — | Total number of potentially dilutive securities excluded from the calculation of loss per share attributable to common shareholders | | | 14,704,787 | | | 569,799 |
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