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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 6,378 $ 19,038
Marketable securities 25,526 23,153
Accounts receivable 1,934 2,858
Inventory 845 1,161
Other current assets 1,445 1,122
Total current assets 36,128 47,332
Restricted cash 751 751
Property and equipment, net 3,867 3,666
Intangible assets, net 3,710 4,008
Operating lease right of use assets, net 6,392 8,276
Goodwill 4,024 4,024
Other assets 1,715 2,369
Total assets 56,587 70,426
Current liabilities    
Accounts payable 2,164 2,312
Accrued expenses and other current liabilities 4,597 5,719
Current portion of operating lease liabilities 2,243 2,586
Deferred revenue 262 339
Total current liabilities 9,266 10,956
Long-term liabilities    
Operating lease liabilities 10,321 11,521
Total liabilities 19,587 22,477
Commitments and contingencies (see Note 13)
Equity    
Common Stock, $0.01 par value per share, 150,000,000 shares authorized; 83,418,535 and 83,232,262 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 833 832
Additional paid-in capital 468,909 467,740
Accumulated deficit (439,351) (428,112)
Accumulated other comprehensive loss (1,128) (534)
Total equity attributable to XWELL, Inc. 29,263 39,926
Noncontrolling interests 7,737 8,023
Total equity 37,000 47,949
Total liabilities and equity $ 56,587 $ 70,426