XWELL, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 7.06 million compared to USD 24.05 million a year ago. Net loss was USD 5.51 million compared to USD 4.28 million a year ago.

Basic loss per share from continuing operations was USD 1.4 compared to USD 0.8 a year ago. Diluted loss per share from continuing operations was USD 1.4 compared to USD 0.8 a year ago.