v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue, net        
Total revenue, net $ 10,736 $ 26,767 $ 48,381 $ 44,371
Cost of sales        
Labor 5,222 4,277 16,161 7,419
Occupancy 1,082 587 3,412 1,511
Products and other operating costs 3,035 8,798 17,170 16,592
Total cost of sales 9,339 13,662 36,743 25,522
Depreciation and amortization 1,564 852 4,329 2,542
Impairment of long-lived assets 677   677  
Loss on disposal of assets, net 325   273 22
Impairment of operating lease right-of-use assets 38   38  
General and administrative 6,447 5,196 24,193 14,350
Total operating expenses 18,390 19,710 66,253 42,436
Operating (loss) income (7,654) 7,057 (17,872) 1,935
Interest income, net 114 6 159 31
Other non-operating expense, net (136) (381) (650) (830)
(Loss) income before income taxes (7,676) 6,682 (18,363) 1,136
Income tax expense (3) (87) (5) (79)
Net (loss) income (7,679) 6,595 (18,368) 1,057
Net loss (income) attributable to noncontrolling interests 500 (998) (1,012) (983)
Net (loss) income attributable to XWELL, Inc. (7,179) 5,597 (19,380) 74
Net (loss) income (7,679) 6,595 (18,368) 1,057
Other comprehensive loss from operations (102) (52) (248) (63)
Comprehensive (loss) income $ (7,781) $ 6,543 $ (18,616) $ 994
Loss per share        
Basic loss per share (in dollars per share) $ (0.08) $ 0.05 $ (0.20)  
Diluted (loss) earnings per share (in dollars per share) $ (0.08) $ 0.05 $ (0.20)  
Weighted-average number of shares outstanding during the period        
Basic (in shares) 94,621,339 105,531,418 97,167,867 103,950,731
Diluted (in shares) 94,621,339 105,957,317 97,167,867 104,301,344
Managed services fees        
Revenue, net        
Total revenue, net       $ 16,843
Patient services revenue        
Revenue, net        
Total revenue, net $ 4,607 $ 25,351 $ 31,728 25,351
Services        
Revenue, net        
Total revenue, net 4,924 1,158 13,488 1,761
Products        
Revenue, net        
Total revenue, net 542 $ 258 1,308 402
Hyperpointe Services        
Revenue, net        
Total revenue, net 659   1,853  
Other        
Revenue, net        
Total revenue, net $ 4   $ 4 $ 14