XWELL, Inc. files 10-K

Here is a summary of the XWELL, Inc. Form 10-K for the fiscal year ended December 31, 2025: XWELL, Inc. reported a decrease in revenue for the year ended December 31, 2025, primarily due to lower testing volumes in its XpresTest segment, though this was partially offset by growth in its Naples Wax locations. The company has been actively restructuring its finances, including a significant private placement of Series H Convertible Preferred Stock in February 2026, which management believes has alleviated prior substantial doubt about its ability to continue as a going concern.