v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenue, net    
Total revenue, net $ 29,210 $ 33,897
Cost of sales    
Labor 15,337 17,477
Occupancy 3,625 3,712
Products and other operating costs 2,742 3,789
Total cost of sales 21,704 24,978
Gross Profit 7,506 8,919
Depreciation and amortization 862 938
Impairment of long-lived assets 3,149 1,711
Goodwill impairment 1,389 0
Loss on disposal of assets, net 40 90
Impairment of operating lease right-of-use assets 1,736 2,805
General and administrative 16,000 20,082
Total operating expenses 23,176 25,626
Operating loss (15,670) (16,707)
Change in fair value of derivative liabilities (80)  
Change in fair value of warrant liability 3,215  
Loss on issuance of Series G Preferred Stock (3,443)  
Interest income, net 661 380
Foreign exchange loss (654) (259)
Gain on investments, realized and unrealized 61 356
Other non-operating expense, net (167) (211)
Loss before income taxes (16,077) (16,441)
Income tax expense (29) (49)
Net loss (16,106) (16,490)
Net loss attributable to noncontrolling interests (885) (363)
Net loss attributable to XWELL, Inc. (16,991) (16,853)
Net loss (16,106) (16,490)
Other comprehensive income (loss) from operations 467 69
Comprehensive loss (15,639) (16,421)
Loss per share    
Preferred stock dividends (509) 0
Preferred stock accretion (4,000) 0
Less: deemed dividend on warrant exchange (2,334)  
Less: deemed dividend on Exchange of Series G Preferred Stock (4,399)  
Net loss attributable to XWELL, Inc. common stockholders $ (28,233) $ (16,853)
Basic loss per share (in dollars per share) $ (5.08) $ (3.66)
Diluted loss per share (in dollars per share) $ (5.08) $ (3.66)
Weighted-average number of shares outstanding    
Basic (in shares) 5,560,015 4,610,940
Diluted (in shares) 5,560,015 4,610,940
Services    
Revenue, net    
Total revenue, net $ 26,268 $ 30,660
Products    
Revenue, net    
Total revenue, net $ 2,942 $ 3,237