v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 49,429 $ 105,506
Accounts receivable 1,309 615
Contract Assets 1,128  
Inventory 940 1,763
Other current assets 2,375 1,095
Total current assets 55,181 108,979
Restricted cash 751 751
Property and equipment, net 8,102 6,658
Intangible assets, net 4,414 3,732
Operating lease right of use assets, net 10,299 4,336
Goodwill 4,024  
Other assets 2,205 2,810
Total assets 84,976 127,266
Current liabilities    
Accounts payable, accrued expenses and other 7,981 12,958
Current portion of operating lease liabilities 2,746 2,736
Deferred revenue 257 549
Current portion of promissory note, unsecured   3,584
Total current liabilities 10,984 19,827
Long-term liabilities    
Operating lease liabilities 12,465 7,504
Total liabilities 23,449 27,331
Commitments and contingencies (see Note 15)
Equity    
Common Stock, $0.01 par value per share, 150,000,000 shares authorized; 83,232,262 and 101,269,349 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 832 1,013
Additional paid-in capital 467,268 487,306
Accumulated deficit (414,655) (395,275)
Accumulated other comprehensive loss (560) (312)
Total equity attributable to XWELL, Inc. 52,885 92,732
Noncontrolling interests 8,642 7,203
Total equity 61,527 99,935
Total liabilities and equity $ 84,976 $ 127,266