XWELL, Inc. (XWEL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 19.75M | 5.91M | 10.81M | 11.83M | 14.84M | 15.34M | 19.51M | 23.14M | 24.46M | 26.57M | 29.96M | 36.13M | 39.89M | 47.33M | 55.18M | 74.37M | 88.46M | 108.98M | 113.1M | 107.58M |
| Cash & Short-Term Investments | 16.81M | 2.62M | 4.22M | 8.15M | 10.97M | 11.8M | 16.02M | 18.38M | 19.1M | 23.05M | 26.14M | 31.9M | 35.11M | 42.19M | 49.43M | 71.11M | 82.99M | 105.51M | 109.16M | 102.5M |
| Cash Only | 16.8M | 2.62M | 3.99M | 5.26M | 3.65M | 4.55M | 4.37M | 5.42M | 4.32M | 8.44M | 4.83M | 6.38M | 9.87M | 19.04M | 49.43M | 71.11M | 82.99M | 105.51M | 109.16M | 102.5M |
| Short-Term Investments | 7K | 7K | 237K | 2.88M | 7.32M | 7.25M | 11.66M | 12.96M | 14.78M | 14.61M | 21.31M | 25.53M | 25.24M | 23.15M | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.32M | 1.56M | 4.29M | 1.47M | 1.5M | 1.79M | 914K | 2.38M | 2.9M | 1.67M | 1.38M | 2.23M | 2.02M | 2.86M | 2.71M | 832K | 1.92M | 615K | 64K | 1.22M |
| Days Sales Outstanding | 19.5 | 37.65 | 36.09 | 17.55 | 21.09 | 16.68 | 17.99 | 25.88 | 23.81 | 18.93 | 22.21 | 23.6 | 31.05 | 33.87 | 15.16 | 9.22 | 4.75 | 1.06 | 2.21 | 21.22 |
| Inventory | 453K | 509K | 516K | 560K | 532K | 501K | 669K | 871K | 834K | 900K | 968K | 845K | 995K | 1.16M | 940K | 1.06M | 2.52M | 1.76M | 2.04M | 1.33M |
| Days Inventory Outstanding | 9.71 | 9.67 | 8.15 | 8.4 | 8.15 | 8.48 | 11.12 | 12.51 | 13.03 | 13.17 | 13.08 | 11.99 | 14.83 | 13.52 | 9.88 | 13.21 | 12.81 | 11.03 | 11.34 | 14.74 |
| Other Current Assets | 1.17M | 1.22M | 201K | 104K | 59K | 56K | 91K | 80K | 19K | 55K | 57K | 79K | 1.77M | 48K | 47K | 47K | 1.03M | 48K | 48K | 1.1M |
| Total Non-Current Assets | 5.25M | 5.31M | 10.93M | 10.61M | 9.99M | 10.02M | 14.27M | 13.15M | 13.02M | 12.43M | 14.59M | 20.46M | 22.7M | 23.09M | 29.8M | 27M | 25.27M | 18.29M | 16.18M | 12.54M |
| Property, Plant & Equipment | 2.73M | 2.7M | 6.5M | 5.93M | 5.31M | 5.22M | 9.19M | 8.07M | 7.79M | 7.11M | 9.88M | 10.26M | 12.09M | 11.94M | 18.4M | 14.8M | 12.52M | 11M | 10.2M | 7.83M |
| Fixed Asset Turnover | 2.44x | 1.55x | 1.18x | 1.37x | 1.33x | 1.04x | 0.98x | 1.17x | 1.17x | 0.87x | 0.74x | 0.73x | 0.59x | 0.50x | 0.65x | 1.00x | 2.05x | 2.77x | 2.97x | 1.18x |
| Goodwill | 0 | 0 | 1.39M | 1.39M | 1.39M | 1.39M | 1.39M | 1.39M | 1.43M | 1.37M | 0 | 4.02M | 4.02M | 4.02M | 4.02M | 4.02M | 4.26M | 0 | 0 | 0 |
| Intangible Assets | 61K | 101K | 794K | 870K | 947K | 1.02M | 1.11M | 1.19M | 1.26M | 1.35M | 2.17M | 3.71M | 3.63M | 4.01M | 4.41M | 4.99M | 5.21M | 3.73M | 2.73M | 1.19M |
| Long-Term Investments | 0 | 0 | 386K | 106K | 56K | 85K | 42K | 51K | 843K | 50K | 51K | 71K | 0 | 104K | 751K | 751K | 751K | 722K | 751K | 751K |
| Other Non-Current Assets | 2.46M | 2.5M | 1.86M | 2.31M | 2.28M | 2.3M | 2.54M | 2.46M | 1.69M | 2.54M | 2.49M | 2.4M | 2.96M | 3.02M | 2.96M | 3.19M | 3.29M | 3.56M | 3.25M | 3.52M |
| Total Assets | 24.99M | 11.22M | 21.74M | 22.45M | 24.83M | 25.35M | 33.78M | 36.29M | 37.48M | 38.99M | 44.55M | 56.59M | 62.59M | 70.43M | 84.98M | 101.36M | 113.74M | 127.27M | 129.28M | 120.12M |
| Asset Turnover | 0.37x | 0.43x | 0.33x | 0.33x | 0.28x | 0.25x | 0.24x | 0.25x | 0.23x | 0.18x | 0.15x | 0.14x | 0.11x | 0.10x | 0.12x | 0.13x | 0.20x | 0.23x | 0.21x | 0.08x |
| Asset Growth % | 0.66% | -55.75% | -35.65% | -38.15% | -33.75% | -34.98% | -24.16% | -35.87% | -40.13% | -44.63% | -47.57% | -44.17% | -44.97% | -44.66% | -34.27% | -15.61% | -5.08% | 23.4% | 58.57% | 106.52% |
| Total Current Liabilities | 8.39M | 12.89M | 10.06M | 9.48M | 8.86M | 9.22M | 9.85M | 10.44M | 9.19M | 9.33M | 8.16M | 9.27M | 9.05M | 10.96M | 10.98M | 12.54M | 18.65M | 19.83M | 17.2M | 20.34M |
| Accounts Payable | 3.54M | 2.84M | 3.14M | 1.86M | 2.21M | 1.61M | 2.7M | 2.78M | 2.02M | 1.1M | 1.51M | 2.16M | 2.32M | 2.31M | 3.64M | 4.67M | 12.07M | 5.54M | 5.44M | 4.72M |
| Days Payables Outstanding | 64.32 | 56.41 | 37.9 | 31.31 | 30.14 | 31.29 | 39.61 | 35.19 | 23.41 | 18.4 | 26.51 | 29.2 | 31.85 | 38.32 | 40.96 | 61.65 | 52.65 | 31.81 | 34.2 | 57.64 |
| Short-Term Debt | 1.79M | 3.59M | 2.07M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.43M | 3.58M | 5.65M | 5.65M |
| Deferred Revenue (Current) | 790K | 1.13M | 1.13M | 1.04M | 1.08M | 1.14M | 946K | 925K | 890K | 861K | 73K | 262K | 345K | 339K | 257K | 245K | 1.46M | 549K | 24K | 3.17M |
| Other Current Liabilities | 1.78M | 2.41M | 1.9M | 1.87M | 1.53M | 3.52M | 1.6M | 1.52M | 2.03M | 2.37M | 1.05M | 1.78M | 1.02M | 3.14M | 2.57M | 2.26M | 849K | 4.37M | 2.36M | 3.12M |
| Current Ratio | 2.35x | 0.46x | 1.08x | 1.25x | 1.68x | 1.66x | 1.98x | 2.22x | 2.66x | 2.85x | 3.67x | 3.90x | 4.41x | 4.32x | 5.02x | 5.93x | 4.74x | 5.50x | 6.58x | 5.29x |
| Quick Ratio | 2.30x | 0.42x | 1.02x | 1.19x | 1.62x | 1.61x | 1.91x | 2.13x | 2.57x | 2.75x | 3.55x | 3.81x | 4.30x | 4.21x | 4.94x | 5.84x | 4.61x | 5.41x | 6.46x | 5.22x |
| Cash Conversion Cycle | -35.11 | -9.09 | 6.33 | -5.36 | -0.9 | -6.13 | -10.49 | 3.2 | 13.43 | 13.7 | 8.77 | 6.39 | 14.03 | 9.07 | -15.92 | -39.22 | -35.08 | -19.72 | -20.65 | -21.68 |
| Total Non-Current Liabilities | 6.53M | 10.9M | 8.62M | 8.85M | 12.54M | 8.39M | 9.11M | 8.62M | 9.53M | 8.69M | 9.12M | 10.32M | 10.95M | 11.52M | 12.46M | 8.88M | 7.3M | 7.5M | 8.16M | 6.1M |
| Long-Term Debt | 0 | 0 | 331K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 6.53M | 7.04M | 7.49M | 7.81M | 7.8M | 8.39M | 9.11M | 8.62M | 9.53M | 8.69M | 9.12M | 10.32M | 10.95M | 11.52M | 12.46M | 8.88M | 7.3M | 7.5M | 8.16M | 6.1M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 3.87M | 803K | 1.04M | 4.74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 14.91M | 23.8M | 18.68M | 18.32M | 21.4M | 17.61M | 18.96M | 19.06M | 18.71M | 18.02M | 17.28M | 19.59M | 20M | 22.48M | 23.45M | 21.43M | 25.95M | 27.33M | 25.35M | 26.43M |
| Total Debt | 8.31M | 12.49M | 9.89M | 9.98M | 10.03M | 10.77M | 11.62M | 11.1M | 12.11M | 11.09M | 11.5M | 12.56M | 13.33M | 14.11M | 15.21M | 11.89M | 11.57M | 13.82M | 16.61M | 14.36M |
| Net Debt | -8.49M | 9.87M | 5.9M | 4.72M | 6.38M | 6.22M | 7.25M | 5.68M | 7.79M | 2.66M | 6.67M | 6.19M | 3.46M | -4.93M | -34.22M | -59.22M | -71.42M | -91.68M | -92.56M | -88.14M |
| Debt / Equity | 0.82x | - | 3.23x | 2.42x | 2.93x | 1.39x | 0.78x | 0.64x | 0.65x | 0.53x | 0.42x | 0.34x | 0.31x | 0.29x | 0.25x | 0.15x | 0.13x | 0.14x | 0.16x | 0.15x |
| Debt / EBITDA | - | - | 59.58x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.08x | 1.97x | - |
| Net Debt / EBITDA | - | - | 35.56x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -27.06x | -10.96x | - |
| Interest Coverage | -216.56x | -245.28x | -5.53x | -84.13x | -151.93x | -99.59x | -92.34x | -45.71x | -48.13x | -118.54x | -20.66x | -90.50x | -134.56x | -22.55x | -174.05x | -200.49x | -54.47x | - | 126.02x | -168.04x |
| Total Equity | 10.08M | -12.58M | 3.07M | 4.12M | 3.43M | 7.74M | 14.83M | 17.23M | 18.77M | 20.97M | 27.27M | 37M | 42.59M | 47.95M | 61.53M | 79.94M | 87.79M | 99.94M | 103.92M | 93.68M |
| Equity Growth % | 194.16% | -262.49% | -79.32% | -76.06% | -81.74% | -63.08% | -45.63% | -53.44% | -55.94% | -56.26% | -55.68% | -53.71% | -51.48% | -52.02% | -40.8% | -14.67% | -10.32% | 24.34% | 78.04% | 215.84% |
| Book Value per Share | 1.36 | -2.26 | 0.53 | 0.76 | 0.65 | 1.47 | 3.08 | 4.12 | 4.49 | 5.02 | 6.53 | 8.87 | 10.22 | 0.58 | 13.00 | 16.77 | 17.28 | 18.90 | 19.62 | 17.78 |
| Total Shareholders' Equity | 389K | -22.04M | -6.33M | -4.77M | -5.23M | -788K | 6.3M | 8.8M | 10.57M | 13M | 19.4M | 29.26M | 34.85M | 39.93M | 52.88M | 71.43M | 79.69M | 92.73M | 96.03M | 90.13M |
| Common Stock | 79K | 61K | 58K | 53K | 53K | 53K | 53K | 42K | 42K | 42K | 42K | 833K | 833K | 832K | 832K | 954K | 951K | 1.01M | 1.05M | 1.05M |
| Retained Earnings | -500.9M | -489.7M | -480.42M | -479.69M | -477.43M | -472.71M | -465.11M | -460.36M | -458.37M | -455.85M | -449.27M | -439.35M | -433.62M | -428.11M | -414.65M | -407.48M | -399.56M | -395.27M | -398.55M | -404.15M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.02M | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.66M | -1.54M | -1.28M | -1.36M | -1.76M | -1.96M | -2.41M | -2.16M | -2.1M | -1.92M | -1.64M | -1.13M | -664K | -534K | -560K | -458K | -353K | -312K | -283K | -231K |
| Minority Interest | 9.69M | 9.46M | 9.4M | 8.89M | 8.65M | 8.53M | 8.52M | 8.43M | 8.19M | 7.97M | 7.87M | 7.74M | 7.74M | 8.02M | 8.64M | 8.51M | 8.1M | 7.2M | 7.89M | 3.55M |