---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-119056"
form_type: "8-K"
ticker: "XWEL"
cik: "0001410428"
company_name: "XWELL, Inc."
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:23:30.523917+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# XWELL Q3 2024 revenue $8.4M (+13% YoY); operating loss narrows to $4.8M from $12.1M

## Summary
- Revenue of $8.4M for Q3 2024, up 13% from $7.5M in Q3 2023; YTD revenue up 16%.
- Operating loss improved to $4.8M vs $12.1M loss in Q3 2023; total operating expenses fell 48% to $6.8M.
- Net loss attributable to XWELL was $4.8M, compared to $11.5M loss in the prior-year quarter.
- Cash and marketable securities totaled $16.1M; no long-term debt as of Sept. 30, 2024.
- Company plans ~10 out-of-airport locations in 2025 and a Penn Station XpresSpa; August 2024 direct offering raised $1.4M gross.

## SEC filing metadata
- accession: 0001104659-24-119056
- form_type: 8-K
- ticker: XWEL
- cik: 0001410428
- company_name: XWELL, Inc.
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410428/000110465924119056/0001104659-24-119056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410428/000110465924119056/tm2427845d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-119056
- JSON: https://secwatch.observer/filing/0001104659-24-119056.json
- Plain text: https://secwatch.observer/filing/0001104659-24-119056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.