For the quarter ending 2025-09-30, XWEL made $7,345K in revenue. -$1,473K in net income. Net profit margin of -20.05%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Total revenue, net | 7,345 | 7,689 | 7,023 | 8,422 |
| Labor | 3,848 | 3,912 | 3,967 | 4,426 |
| Occupancy | 1,237 | 1,238 | 1,134 | 919 |
| Products and other operating costs | 767 | 764 | 603 | 1,024 |
| Total cost of sales | 5,852 | 5,914 | 5,704 | 6,369 |
| Gross profit | 1,493 | 1,775 | 1,319 | 2,053 |
| Gain (loss) on disposition of assets | - | - | - | -152 |
| Depreciation and amortization | 221 | 187 | 166 | 252 |
| Impairment of long-lived assets | 122 | - | - | - |
| Loss on disposal of assets, net | -7 | - | - | - |
| Salary and wage, excluding cost of good and service sold | - | - | - | 1,893 |
| Impairment of operating lease right-of-use assets | 359 | - | - | - |
| General and administrative | 1,554 | 4,280 | 4,311 | 4,525 |
| Total operating expenses | 2,263 | 4,467 | 4,477 | 6,822 |
| Operating loss | -770 | -2,692 | -3,158 | -4,769 |
| Change in fair value of derivative liability | 233 | 421 | -142 | - |
| Debt and equity securities, realized gain (loss) | - | - | - | 106 |
| Interest income, net | 490 | 147 | 58 | 100 |
| Foreign exchange loss | -129 | -543 | -455 | -69 |
| Loss on issuance of series g preferred stock | - | - | 3,443 | - |
| Gain on investments, realized and unrealized | 31 | 58 | -5 | - |
| Other non-operating expense, net | -64 | -34 | -33 | -73 |
| Change in fair value of warrant liability | 0 | -625 | -2,590 | - |
| Loss before income taxes | -209 | -2,018 | -4,588 | -4,705 |
| Income tax expense | 2 | 34 | - | - |
| Net loss | -211 | -2,052 | -4,588 | -4,705 |
| Net loss attributable to noncontrolling interests | 513 | 217 | 131 | 45 |
| Net loss attributable to xwell, inc | -724 | -2,269 | -4,719 | -4,750 |
| Preferred stock dividends | 167 | 189 | 68 | - |
| Preferred stock accretion | 582 | 583 | 499 | - |
| Net loss attributable to xwell, inc. common stockholders | -1,473 | -3,041 | -5,286 | - |
| Earnings per share, basic | -0.26 | -0.56 | -1 | -0.99 |
| Earnings per share, diluted | -0.26 | -0.56 | -1 | -0.99 |
| Weighted average number of shares outstanding, basic | 5,761,486 | 5,417,271 | 5,261,024 | 4,818,681 |
| Weighted average number of shares outstanding, diluted | 5,761,486 | 5,417,271 | 5,261,024 | 4,818,681 |
XWELL, Inc. (XWEL)
XWELL, Inc. (XWEL)