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XWEL reported revenue of $29.21M and net income of −$16.99M in FY2025.
| Fiscal year | Revenue | Net income |
|---|---|---|
| 2025 | $29.21M | −$16.99M |
| 2024 | $33.9M | −$16.85M |
| 2023 | $30.11M | −$27.74M |
17 more years are on Measure
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Also filed under Diagnostics & Research, ranked by how closely they sit beside XWEL.
The assistant answers from what XWEL has actually filed: 20 annual reports filed with the SEC and 10 Form 4 filings from the last year. Every figure in a reply links to the filing it came from, so an answer can be checked rather than believed.
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Cash flow breakdown
What the business generated, and where it went
Operating cash flow
−$8.71M 2025
Cash generated by the business itself
Free cash flow
−$11.68M 2025
Operating cash flow minus capital expenditure
Capital expenditure
$2.96M 2025
Spending on property, plant and equipment
XWEL generated −$8.71M of operating cash flow. Each figure below is what it did with that, as reported on the same statement.
Reinvested in the business
A non-cash cost, added back above
As reported in the company's own annual filings.
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | −$8.71M | −$11.01M | −$16.07M | −$24.19M | $14.56M | −$25.01M | −$113K | −$6.57M | −$12.17M | −$8.44M | −$2.57M | −$28.38M | −$23.47M |
Financial statements
Every figure below is this company’s, as filed. Measure draws them: 20 years and 64 quarters plotted to scale, on the income statement, balance sheet and cash flow, plus the ratio and estimate sections this page does not carry.
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As reported in the company's own annual filings.
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $29.21M | $33.9M | $30.11M | $55.94M | $73.73M | $8.39M | $48.52M | $50.09M | $48.82M | $11.99M | $22.69M | $1.43M | $1.1M | $100K | $718K | $211K | - | - | - | - |
| Cost of revenue | $21.7M | $24.98M | $26.43M | $43.89M | $41.39M | $11.98M | $37.85M | $39.45M | $38.99M | $6.74M | $800K | $0 | - | $12.51M | $155K | $180K | - | - | - | - |
| Gross profit | $7.51M | $8.92M | $3.68M | $12.05M | $32.34M | −$3.6M | $10.66M | $10.64M | $9.84M | $5.25M | $21.89M | $1.43M | - | −$12.41M | $563K | $31K | - | - | - | - |
| Research and development | - | - | - | - | - | - | - | - | - | - | - | $889K | $1.51M | $543K | $2.02M | $2.5M | - | - | - | - |
| Selling, general and administrative | $16M | $20.08M | $12.96M | $21.18M | $24.2M | $15.94M | $14.32M | $16.24M | $16.58M | $9.7M | $10.16M | $16.37M | $15.33M | $10.23M | - | - | - | - | - | - |
| Operating income | −$15.67M | −$16.71M | −$28.21M | −$31.16M | $4.11M | −$40.1M | −$15.87M | −$34.73M | −$14.72M | −$17.71M | −$10.34M | −$111.2M | −$40.78M | −$22.37M | −$6.42M | −$6.5M | - | - | - | - |
| Net income | −$16.99M | −$16.85M | −$27.74M | −$32.84M | $3.35M | −$90.49M | −$21.22M | −$37.21M | −$28.84M | −$24.01M | −$11.16M | −$109.68M | −$52.43M | −$20.84M | −$7.48M | −$9.94M | −$6.15M | −$7.33M | −$5.16M | −$1.48M |
| Diluted EPS | -$5.08 | -$3.66 | -$6.64 | -$7.01 | $0.03 | -$2.05 | - | - | - | -$1.58 | -$1.09 | -$12.36 | -$0.63 | -$0.61 | - | - | - | - | - | - |
| Diluted shares | 5.56M | 4.61M | 4.18M | 4.68M | 105.08M | 44.57M | 1.63M | 1.45M | 1.11M | 15.17M | 10.22M | 9.05M | 83.28M | 41.66M | - | - | - | - | - | - |
| Gross margin | 25.70% | 26.31% | 12.23% | 21.54% | 43.87% | −42.91% | 21.97% | 21.25% | 20.15% | 43.78% | 96.47% | 100.00% | - | −12412.00% | 78.41% | 14.69% | - | - | - | - |
| Operating margin | −53.65% | −49.29% | −93.68% | −55.71% | 5.57% | −478.28% | −32.72% | −69.32% | −30.14% | −147.74% | −45.59% | −7803.23% | −3707.00% | −22371.00% | −894.71% | −3078.20% | - | - | - | - |
| Net margin | −58.17% | −49.72% | −92.14% | −58.70% | 4.54% | −1079.17% | −43.75% | −74.27% | −59.07% | −200.28% | −49.18% | −7696.63% | −4766.64% | −20841.00% | −1041.64% | −4711.85% | - | - | - | - |
As reported in the company's own annual filings.
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $11.22M | $25.35M | $38.99M | $70.43M | $127.27M | $103.13M | $28.72M | $30.58M | $65.24M | $82.81M | $50.46M | $37.44M | $123.81M | $157.79M | $8.31M | $5.89M | - | - | - | - |
| Current assets | $5.91M | $15.34M | $26.57M | $47.33M | $108.98M | $91.78M | $3.93M | $5.76M | $16.09M | $30.5M | $28.2M | $18.6M | $34.83M | $57.43M | $5.24M | $5.68M | - | - | - | - |
| Cash | $2.62M | $4.55M | $8.44M | $19.04M | $105.51M | $89.8M | $2.18M | $3.4M | $6.37M | $17.91M | $24.95M | $16.02M | $33.59M | $56.96M | $5.21M | $5.41M | $744K | - | - | - |
| Short-term investments | $7K | $7.25M | $14.61M | $23.15M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total liabilities | $23.8M | $17.61M | $18.02M | $22.48M | $27.33M | $22.76M | $31.26M | $17.45M | $19.4M | $18.64M | $9.94M | $6.26M | $9.53M | $9.45M | $5.45M | $6.13M | - | - | - | - |
| Current liabilities | $12.89M | $9.22M | $9.33M | $10.96M | $19.83M | $13.48M | $16.22M | $16.66M | $12.5M | $11.77M | $9.14M | $4.73M | $5.49M | $1.84M | $2.45M | $2.27M | - | - | - | - |
| Total debt | - | - | - | - | - | - | - | $0 | $6.5M | $6.5M | $0 | - | - | - | - | $1.91M | - | - | - | - |
| Temporary equity | $224K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Shareholder equity | −$22.26M | −$788K | $13M | $39.93M | $92.73M | $77.81M | −$6.24M | $9.11M | $40.88M | $59.53M | $40.52M | $31.18M | $114.28M | $148.33M | $2.87M | −$239K | −$16.38M | −$10.97M | −$4.02M | $851K |
Derived from SEC XBRL filings. Not investment advice.
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| −$14.47M |
| −$5.38M |
| −$6.36M |
| - |
| - |
| - |
| - |
| Capital expenditure | $2.96M | $1.78M | $1.91M | $6.46M | $4.28M | $3.97M | $2.28M | $3.03M | $4.48M | $66K | $0 | $246K | $23K | $208K | $27K | $86K | - | - | - | - |
|---|
| Free cash flow | −$11.68M | −$12.79M | −$17.98M | −$30.65M | $10.28M | −$28.98M | −$2.39M | −$9.6M | −$16.65M | −$8.51M | −$2.57M | −$28.63M | −$23.49M | −$14.68M | −$5.41M | −$6.45M | - | - | - | - |
|---|
| Stock-based compensation | $1.08M | $893K | $2.32M | $3.77M | $2.86M | $1.33M | $335K | $916K | $2.18M | $2.45M | $5.06M | $10.97M | $12.09M | $8.09M | $1.77M | $2.29M | - | - | - | - |
|---|
| Buybacks | - | - | - | $23.79M | $7.83M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
|---|