Flagship explainer
How XWELL, Inc. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $29.2M | 100% |
| |
| Cost of revenue | $21.7M | 74% |
|
| $7.5M | 26% |
| |
| −$15.7M | −54% |
| |
| Income before tax | −$16.1M | −55% |
|
| Income tax | $29000 | 0% |
|
| −$17M | −58% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001104659-26-038330