​

​

Three months ended

​

Six months ended

​

​

June 30, 

​

June 30, 

​

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Basic numerator:

​

  ​

​

  ​

​

  ​

​

  ​

Net loss attributable to XWELL, Inc.

​

$

(2,240)

​

$

(2,269)

​

$

(13,442)

​

$

(6,988)

Less: preferred stock dividends

​

—

​

(189)

​

(82)

​

(257)

Less: preferred stock accretion

​

​

—

​

​

(583)

​

​

—

​

​

(1,082)

Plus: deemed contribution on Repurchase of Series G Preferred Stock

​

​

—

​

​

—

​

​

106

​

​

—

Net loss attributable to common shareholders

​

$

(2,240)

​

$

(3,041)

​

$

(13,418)

​

$

(8,327)

Basic denominator:

​

​

​

  ​

​

​

​

​

Basic weighted average shares outstanding

​

8,487,425

​

5,417,271

​

7,944,801

​

5,340,442

Basic loss per share

​

$

(0.26)

​

$

(0.56)

​

$

(1.69)

​

$

(1.56)

​

​

​

​

​

​

​

​

​

​

​

​

​

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

​

899,123

​

944,554

​

899,123

​

944,554

Unvested RSUs to issue an equal number of shares of Common Stock

​

20,000

​

30,000

​

20,000

​

30,000

Warrants to purchase shares of Common Stock

​

71,999,234

​

—

​

71,999,234

​

—

Series A and Series B warrants to purchase shares of Common Stock

​

—

​

5,347,594

​

—

​

5,347,594

Series G Convertible Preferred Stock on an as converted basis

​

—

​

2,406,417

​

—

​

2,406,417

Series H Convertible Preferred Stock on an as converted basis

​

66,665,957

​

—

​

66,665,957

​

—

Total number of potentially dilutive securities excluded from the calculation of loss per share attributable to common shareholders

​

139,584,314

​

8,728,565

​

139,584,314

​

8,728,565