XWELL Inc
For the period ended Dec 31, 2023. Filed Apr 16, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Apr 16, 2024
XWEL$0.56-4.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except share and per share data)
| | | | | | | |
|---|---|---|---|---|---|---|
| · December 31, · December 31, | ||||||
| · · 2023 · · 2022 | ||||||
| Current assets · · | ||||||
| Cash and cash equivalents | | $8,437 | | $19,038 | ||
| Marketable Securities | | | 14,613 | | | 23,153 |
| Accounts receivable | | | 1,667 | | | 2,858 |
| Inventory | | 900 | | 1,161 | ||
| Other current assets | | 949 | | 1,122 | ||
| Total current assets | | 26,566 | | 47,332 | ||
| | | | | | | |
| Restricted cash | | 751 | | 751 | ||
| Property and equipment, net | | 2,454 | | 3,666 | ||
| Intangible assets, net | | 1,353 | | 4,008 | ||
| Operating lease right of use assets, net | | 4,656 | | 8,276 | ||
| Goodwill | | | 1,371 | | | 4,024 |
| Other assets | | 1,842 | | 2,369 | ||
| Total assets | | $38,993 | | $70,426 | ||
| | | | | | | |
| Current liabilities | | | ||||
| Accounts payable | | $1,099 | | $2,312 | ||
| Accrued expenses and other current liabilities | | | 4,968 | | | 5,719 |
| Current portion of operating lease liabilities | | | 2,402 | | | 2,586 |
| Deferred revenue | | | 861 | | | 339 |
| Total current liabilities | | 9,330 | | 10,956 | ||
| | | | | | | |
| Long-term liabilities | | | | | ||
| Operating lease liabilities | | 8,692 | | 11,521 | ||
| Total liabilities | | | 18,022 | | | 22,477 |
| Commitments and contingencies (see Note 18) | | | ||||
| | | | | | | |
| Equity | | | ||||
| Common Stock, $0.01 par value per share, 150,000,000 shares authorized; 4,179,631 and 4,161,613 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively* | | | 42 | | | 42 |
| Additional paid-in capital | | 470,737 | | 468,530 | ||
| Accumulated deficit | | (455,853) | | (428,112) | ||
| Accumulated other comprehensive loss | | (1,924) | | (534) | ||
| Total equity attributable to XWELL, Inc. | | 13,002 | | 39,926 | ||
| Noncontrolling interests | | 7,969 | | 8,023 | ||
| Total equity | | 20,971 | | 47,949 | ||
| Total liabilities and equity | | $38,993 | | $70,426 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.