XWELL Inc
For the period ended Dec 31, 2023. Filed Apr 16, 2024.
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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 Statements of Changes in Equity
(In thousands, except share data)
| | | | | | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · · · · · · · · · · Accumulated · · · · · · | |||||||||||||||||||||||
| · · · · · · · Additional · · · · · other · · Total · · Non- · · · | |||||||||||||||||||||||
| · · *Common stock · · paid- · · Accumulated · · comprehensive · · Company · · controlling · · Total | |||||||||||||||||||||||
| · Shares · Amount · in capital · deficit · loss · equity · interests · equity | |||||||||||||||||||||||
| January 1, 2022 | | 5,063,467 | | $51 | | $488,268 | | $(395,275) | | $(312) | | $92,732 | | $7,203 | | $99,935 | |||||||
| Issuance of Common Stock for acquisition | | 27,624 | | | — | | | 906 | | | — | | | — | | | 906 | | | — | | | 906 |
| Vesting of restricted stock units | | 46,857 | | | — | | | — | | | — | | | — | | | — | | | — | | | — |
| Value of Shares Withheld to fund payroll taxes | | — | | | — | | | (73) | | | — | | | — | | | (73) | | | — | | | (73) |
| Stock-based compensation | | — | | | — | | | 3,106 | | | — | | | — | | | 3,106 | | | 664 | | | 3,770 |
| Net loss for the period | | — | | | — | | | — | | | (32,837) | | | — | | | (32,837) | | | 208 | | | (32,629) |
| Repurchase and retirement of common stock | | (976,335) | | | (9) | | | (23,780) | | | — | | | — | | | (23,789) | | | — | | | (23,789) |
| Foreign currency translation | | — | | | — | | | — | | | — | | | (222) | | | (222) | | | (121) | | | (343) |
| Distributions to noncontrolling interests | | — | | | — | | | — | | | — | | | — | | | — | | | (956) | | | (956) |
| Contributions from noncontrolling interests | | — | | | — | | | — | | | — | | | — | | | — | | | 1,025 | | | 1,025 |
| Grant of stock options for services | | — | | | — | | | 103 | | | — | | | — | | | 103 | | | — | | | 103 |
| December 31, 2022 | | 4,161,613 | | $42 | | $468,530 | | $(428,112) | | $(534) | | $39,926 | | $8,023 | | $47,949 | |||||||
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
(In thousands, except share data)
| | | | | | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · · · · · · · · · · Accumulated · Total · · · · | |||||||||||||||||||||||
| · · · · · · · Additional · · · · · other · · Company · · Non- · · · | |||||||||||||||||||||||
| · · *Common stock · · paid- · · Accumulated · · comprehensive · · equity · · controlling · · Total | |||||||||||||||||||||||
| · Shares · Amount · in capital · deficit · loss · · interests · equity | |||||||||||||||||||||||
| January 1, 2023 | | 4,161,613 | | $42 | | $468,530 | | $(428,112) | | $(534) | | $39,926 | | $8,023 | | $47,949 | |||||||
| Issuance of restricted stock units | | 18,018 | | | — | | | — | | | — | | | — | | | — | | | — | | | — |
| Stock-based compensation | | — | | | — | | | 2,226 | | | — | | | — | | | 2,226 | | | 93 | | | 2,319 |
| Grant of stock for services | | — | | | — | | | 3 | | | — | | | — | | | 3 | | | — | | | 3 |
| Value of shares withheld to fund payroll taxes | | — | | | — | | | (22) | | | — | | | — | | | (22) | | | — | | | (22) |
| Contributions from noncontrolling interests | | — | | | — | | | — | | | — | | | — | | | — | | | 150 | | | 150 |
| Distributions to noncontrolling interests | | — | | | — | | | — | | | — | | | — | | | — | | | (120) | | | (120) |
| Foreign currency translation | | — | | | — | | | — | | | — | | | (1,390) | | | (1,390) | | | 111 | | | (1,279) |
| Net loss for the period | | — | | | — | | | — | | | (27,741) | | | — | | | (27,741) | | | (288) | | | (28,029) |
| December 31, 2023 | | 4,179,631 | | $42 | | $470,737 | | $(455,853) | | $(1,924) | | $13,002 | | $7,969 | | $20,971 | |||||||
*Adjusted to reflect the impact of the 1:20 reverse stock split that became effective on September 28, 2023.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.