XWELL, Inc. files 10-Q

XWELL, Inc. reported a net loss of $11.012 million for the quarter ended March 31, 2026, compared to a net loss of $4.588 million in the prior year period. The company's liquidity significantly improved due to a $28.3 million private placement of Series H Convertible Preferred Stock, which was partially used to repurchase outstanding debt and preferred stock.