0001410428 2024-01-01 2024-12-31 0001410428 xwel:MilfordMember 2024-01-01 2024-12-31 0001410428 xwel:ScrabisMember 2024-01-01 2024-12-31 0001410428 xwel:MilfordMember 2023-01-01 2023-12-31 0001410428 2023-01-01 2023-12-31 0001410428 xwel:MilfordMember 2022-01-01 2022-12-31 0001410428 xwel:ErnstMember 2022-01-01 2022-12-31 0001410428 2022-01-01 2022-12-31 iso4217:USD XWELL, Inc. true The Company does not have any formal policy that requires it to grant, or avoid granting, equity-based compensation to our executive officers at certain times. Consistent with our annual compensation cycle, the Compensation, Corporate Governance and Nominating Committee has for several years granted annual equity awards to its executive officers and directors at the start of the new fiscal year. The timing of any equity grants to executive officers in connection with new hires, promotions, or other non-routine grants is tied to the event giving rise to the award (such as an executive officer’s commencement of employment or promotion effective date). As a result, in all cases, the timing of grants of equity awards, including stock options, occurs independent of the release of any material nonpublic information, and we do not time the disclosure of material nonpublic information for the purpose of affecting the value of equity-based compensation.No stock options were issued to executive officers in fiscal year 2024 during any period beginning four business days before the filing of a periodic report or current report disclosing material non-public information and ending one business day after the filing or furnishing of such report with the SEC. The Company does not have any formal policy that requires it to grant, or avoid granting, equity-based compensation to our executive officers at certain times. Consistent with our annual compensation cycle, the Compensation, Corporate Governance and Nominating Committee has for several years granted annual equity awards to its executive officers and directors at the start of the new fiscal year. The timing of any equity grants to executive officers in connection with new hires, promotions, or other non-routine grants is tied to the event giving rise to the award (such as an executive officer’s commencement of employment or promotion effective date). As a result, in all cases, the timing of grants of equity awards, including stock options, occurs independent of the release of any material nonpublic information false false <table cellpadding="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center">Year</td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td colspan="2" rowspan="2" style="border-bottom: black 1pt solid; text-align: center">Summary Compensation Table Total for 1st PEO ($)</td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td colspan="2" rowspan="2" style="border-bottom: black 1pt solid; text-align: center">Summary Compensation Table Total for 2nd PEO ($)</td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td colspan="2" rowspan="2" style="border-bottom: black 1pt solid; text-align: center">Summary Compensation Table Total for 3rd PEO ($)</td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td colspan="2" rowspan="2" style="border-bottom: black 1pt solid; text-align: center">Compensation Actually Paid to 1st PEO ($) (1)</td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td colspan="2" rowspan="2" style="border-bottom: black 1pt solid; text-align: center">Compensation Actually Paid to 2nd PEO ($) (1)</td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td colspan="2" rowspan="2" style="border-bottom: black 1pt solid; text-align: center">Compensation Actually Paid to 3rd PEO ($) (1)</td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td colspan="2" rowspan="2" style="border-bottom: black 1pt solid; text-align: center">Average Summary Compensation Table Total for Non-PEO Named Executive Officers ($)</td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td colspan="2" rowspan="2" style="border-bottom: black 1pt solid; text-align: center">Average Compensation Actually Paid to Non-PEO Named Executive Officers ($) (1)</td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center">Value of Initial Fixed $100 Investment Based On:</td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td colspan="2" rowspan="2" style="border-bottom: black 1pt solid; text-align: center">Net Income (Loss) ($) (thousands)</td> <td style="padding-bottom: 1pt; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center">Total Shareholder Return ($)</td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 9%; text-align: center">2024</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 6%; text-align: right">402,581</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 6%; text-align: right">568,050</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 6%; text-align: right"> NA </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 6%; text-align: right">424,715</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 6%; text-align: right">535,400</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 6%; text-align: right"> NA </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 6%; text-align: right">390,100</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 6%; text-align: right">389,238</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 6%; text-align: right">6.34</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 6%; text-align: right">(16,490</td> <td style="width: 1%">)</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: center">2023</td> <td> </td> <td> </td> <td>$</td> <td style="text-align: right">516,529</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> NA </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> NA </td> <td> </td> <td> </td> <td>$</td> <td style="text-align: right">(176,056</td> <td>)</td> <td> </td> <td> </td> <td style="text-align: right"> NA </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> NA </td> <td> </td> <td> </td> <td>$</td> <td style="text-align: right">318,280</td> <td> </td> <td> </td> <td>$</td> <td style="text-align: right">(319,681</td> <td>)</td> <td> </td> <td>$</td> <td style="text-align: right">7.31</td> <td> </td> <td> </td> <td>$</td> <td style="text-align: right">(28,029</td> <td>)</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: center">2022</td> <td> </td> <td> </td> <td>$</td> <td style="text-align: right">1,246,956</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> NA </td> <td> </td> <td> </td> <td>$</td> <td style="text-align: right">643,455</td> <td> </td> <td> </td> <td>$</td> <td style="text-align: right">59,375</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> NA </td> <td> </td> <td> </td> <td>$</td> <td style="text-align: right">341,629</td> <td> </td> <td> </td> <td>$</td> <td style="text-align: right">567,861</td> <td> </td> <td> </td> <td>$</td> <td style="text-align: right">669,260</td> <td> </td> <td> </td> <td>$</td> <td style="text-align: right">30.25</td> <td> </td> <td> </td> <td>$</td> <td style="text-align: right">(32,629</td> <td>)</td></tr> </table> (1) Amounts represent compensation actually paid to our principal executive officer (“PEO”) and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described in this section), which includes the individuals indicated above for each year: 402581 568050 424715 535400 390100 389238 6.34

-16490000

516529 -176056 318280 -319681 7.31

-28029000

1246956 643455 59375 341629 567861 669260 30.25

-32629000

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