Core Insights - XWELL, Inc. reported a revenue of approximately $7.7 million for the second quarter of 2025, reflecting a sequential increase from $7.0 million in the first quarter but a decrease from $9.3 million in the same quarter of 2024 [7][16] - The company is focused on expanding its operational footprint and enhancing customer engagement through a multi-pronged growth strategy [4][5] - XWELL has made significant strides in diversifying its wellness offerings beyond airport terminals, including partnerships and new locations [8][9] Financial Performance - Revenue breakdown for Q2 2025: approximately $4.9 million from XpresSpa, $2.2 million from XpresCheck, and $647,000 from Naples Wax Center [16] - Cost of sales decreased by approximately 5% year-over-year to about $5.9 million, while general and administrative expenses fell by approximately 9% to around $4.3 million [7][16] - Operating loss for Q2 2025 was approximately $2.7 million, compared to $1.9 million in the same period last year [16] Strategic Developments - XWELL was named the Official Wellness Spa of the Orlando Magic, marking a strategic entry into local markets [8] - The company expanded its partnership with Priority Pass, enhancing wellness service access for members [8] - New non-airport wellness center opened in Clearwater, Florida, with plans for a location in New York City's Penn Station [8][9] Operational Highlights - The company continues to operate in biosurveillance and digital healthcare through XpresCheck and HyperPointe, with a three-year extension of its Traveler-based Genomic Surveillance Program with the CDC [9][10] - XWELL's redesigned website integrates all wellness and beauty brands into a user-friendly digital experience [8]

Core Points - XWELL, Inc. will report its second quarter 2025 financial results on August 14, 2025, after market close, followed by a webcast and conference call at 5:00 PM ET [1] - Investors are encouraged to listen via webcast due to limited capacity for the conference call, which can be accessed through the Investor Relations section of the company's website [2] - XWELL, Inc. is a global wellness company with a mission to provide science-proven wellness solutions through brands like XpresSpa®, Naples Wax Center®, XpresCheck®, and HyperPointe™ [3]

Group 1 - XWELL, Inc. has regained compliance with Nasdaq's minimum bid price requirement, allowing its common stock to continue being listed on The Nasdaq Capital Market [1][2] - The company is expanding its wellness offerings through strategic initiatives, including a redesigned website and the opening of its first standalone wellness center in Florida [2][3] - XWELL has been recognized as one of Yelp's Most Loved Airport Brands and has become the official wellness spa partner of the Orlando Magic, enhancing its brand visibility [2][3] Group 2 - The CEO of XWELL, Ezra Ernst, emphasized the company's focus on delivering convenient, high-quality self-care experiences beyond airports [3] - XWELL operates a portfolio of wellness brands, including Xpres Spa and Naples Wax Center, and aims to redefine the modern wellness experience through innovation and accessibility [3]

Core Insights - XWELL, Inc. has launched a redesigned digital platform that integrates its full brand ecosystem, enhancing user experience for customers, investors, and job seekers [1][2][3] Group 1: Digital Platform Features - The updated website unites XWELL's health, wellness, and beauty brands, including Xpres Spa, Naples Wax Center, XpresCheck, and HyperPointe™, providing a cohesive user experience [2] - Key features of the new website include simplified appointment booking, enhanced investor relations page, careers page refresh, dynamic announcement tools, and mobile optimization [7] Group 2: Company Vision and Strategy - The launch of the new website reflects XWELL's vision to redefine wellness engagement, making it more seamless and personalized for users [3] - The company is rebranding its flagship Xpres Spa locations to align under the XWELL name, reinforcing its mission to unify its offerings under a wellness-forward identity [4][5] Group 3: Brand Identity and Engagement - The new platform incorporates updated logos and color palettes, visually representing the brand's evolution [7] - XWELL has also enhanced its social media presence, particularly on Instagram, to engage with customers more effectively [4]

Core Insights - XWELL is opening its first brick-and-mortar location outside of an airport in Clearwater, Florida, on July 25, 2025, focusing on wellness solutions for both locals and visitors [1] - The Clearwater center will offer a range of skincare treatments and services in a calming environment, enhancing the customer experience [3][4] Group 1: New Location and Services - The Clearwater location is modeled after XWELL's successful Naples Wax Centers, providing services such as waxing, facials, and soon to include massages, injectables, IV therapy, and compression services [3] - The center will utilize medical-grade skincare products and experienced health professionals to deliver its services [3] Group 2: Launch Event and Promotions - A celebratory launch event will take place on July 25, featuring live facial demonstrations, complimentary skin analysis, and product sampling [2] - Attendees will receive gift bags with skincare samples and a $25 discount card for future services [2] Group 3: Membership and Community Engagement - XWELL will introduce a flexible membership model at the Clearwater location, valid at both the new site and in-airports nationwide, promoting accessibility to wellness treatments [4] - A Plaza Discount of 15% off products and services will be offered to local employees, supporting community engagement [4] Group 4: Company Overview - XWELL, Inc. operates a portfolio of wellness brands, including Xpres Spa®, Naples Wax Center®, XpresCheck®, and HyperPointe™, aiming to redefine the modern wellness experience through innovation and accessibility [6]

Core Insights - XWELL has been recognized as one of Yelp's "Most Loved Airport Brands," ranking 10 out of 25 based on traveler reviews, indicating strong brand loyalty among consumers [1][2] - The company is expanding its wellness services beyond airports with new locations in Clearwater, Florida, and New York's Penn Station, aiming to enhance accessibility to self-care solutions [2][3] - XWELL is forming strategic partnerships, including a multi-year collaboration with the Orlando Magic, to further extend its market reach and brand presence [4] Expansion Plans - The Clearwater location will feature a wellness center offering core treatments such as massage, skincare, and recovery in a modern retail setting [3] - The Penn Station location will serve as a convenient grab-and-go destination for wellness essentials, catering to busy commuters [3] Future Outlook - XWELL plans to continue its growth trajectory with additional location announcements and partnerships, focusing on equitable and scalable wellness access in both rural and metropolitan areas [5]

Core Insights - XWELL's Xpres Spa has been recognized as one of Yelp's "Most Loved Airport Brands," ranking 10 out of 25 based on millions of reviews from U.S. travelers [1] - The CEO of XWELL highlighted the growing demand for comfort and quality at airports, indicating that travelers are increasingly utilizing wellness services [2] Expansion Plans - XWELL will open its first out-of-airport locations in Clearwater, Florida, and New York's Penn Station this summer, aiming to enhance accessibility to premium self-care [2][3] - The Clearwater location will feature a wellness center offering core treatments such as massage, skincare, and recovery, while the Penn Station site will focus on grab-and-go wellness essentials for commuters [3] Strategic Partnerships - XWELL is expanding its reach through strategic partnerships, including a multi-year collaboration with the Orlando Magic, designating XWELL as the "Official Wellness Spa" of the NBA team [4] Future Outlook - The company plans to continue its growth momentum with additional location announcements and partnerships, focusing on equitable and scalable wellness access across various regions [5]

Core Insights - XWELL, Inc. has partnered with the Orlando Magic as the Official Wellness Spa, marking a strategic expansion into local markets, starting with Florida [1][2] - The partnership aims to enhance brand visibility and community engagement, promoting wellness beyond travel hubs [2][4] Group 1: Partnership Details - The collaboration includes brand integration across various platforms such as LED signage, radio promotions, and exclusive events [3] - XWELL will host co-branded wellness events featuring Magic alumni and entertainment teams, enhancing community interaction [3][5] - The partnership is expected to strengthen XWELL's customer acquisition efforts in Florida, focusing on expanding its medspa presence [4] Group 2: Strategic Goals - Florida is identified as a priority growth market for XWELL, with plans to increase brand awareness and establish connections with local consumers [2][4] - The partnership reflects a shared commitment to health and well-being for fans, players, and staff, aligning with both organizations' values [5] Group 3: Company Background - XWELL operates a portfolio of wellness brands, including Xpres Spa and Naples Wax Center, and aims to redefine the modern wellness experience [7] - The Orlando Magic, established in 1989, emphasizes community engagement and has contributed over $2 million annually to local initiatives [8][9]

Core Viewpoint - XWELL, Inc. has expanded its partnership with Priority Pass to offer a wider range of wellness services at U.S. airports, enhancing the travel experience for members seeking relaxation and rejuvenation [1][2]. Company Overview - XWELL, Inc. operates multiple wellness brands including Xpres Spa®, Naples Wax Center®, XpresCheck®, and HyperPointe™, focusing on providing wellness solutions for travelers [4][9]. - Priority Pass is a leading airport experiences program, granting access to over 1,600 airport lounges and travel experiences across 650 airports in 148 countries, enhancing the travel experience through partnerships with various brands [5][6]. Service Offerings - The expanded offerings for Priority Pass members include various wellness services at Xpres Spa locations, designed to reduce stress and support well-being during travel [2][3]. - Specific services available include Zero-Gravity Massage Chairs, HydroMassage, Relaxation Loungers, CERAGEM Therapeutic Massager, and Chakra Bed, each aimed at providing relaxation and physical recharge [8].

Financial Performance - Total revenue for the three months ended March 31, 2025, was $7,023, a decrease of $1,703 or 20% compared to $8,726 for the same period in 2024, primarily due to lower CDC XpresTest revenue and XpresSpa revenue [119]. - Total cost of sales for the three months ended March 31, 2025, was $5,704, a decrease of $351 or 6% from $6,055 in 2024, driven by reduced operating costs in outside labor, service supplies, and product costs [120]. - General and administrative expenses increased by approximately 3% to $4,311 for the three months ended March 31, 2025, compared to $4,173 in 2024, primarily due to higher accounting, legal, and public company costs [123]. - Other non-operating expenses decreased from $58 million in Q1 2024 to $33 million in Q1 2025, a reduction of $25 million [124]. - Interest income, net decreased by $52 million from $110 million in Q1 2024 to $58 million in Q1 2025 due to lower cash in interest-bearing accounts [126]. Assets and Liabilities - As of March 31, 2025, the company had cash and cash equivalents of $3,650 million and total current assets of $14,841 million, with current liabilities of $8,860 million [127]. - The working capital surplus decreased from $6,113 million as of December 31, 2024, to $5,981 million as of March 31, 2025 [127]. - The company used net cash of $4,178 million for operating activities during the three months ended March 31, 2025 [129]. Strategic Initiatives - The acquisition of Naples Wax Center on September 12, 2023, was for a purchase price of $1,624, aimed at expanding the company's wellness platform beyond airport clients [107]. - The company plans to expand its retail strategy by adding more products and aligning them with service offerings, such as muscle relaxation patches for massages [108]. - The company is looking to further expand internationally, believing this strategy will enhance its ability to grow other brands, including bio surveillance services outside the U.S. [109]. - The company is pursuing strategic partnerships to strengthen long-term profitability and improve its cash position [128]. Compliance and Concerns - The company received a letter from Nasdaq on May 13, 2025, indicating non-compliance with the minimum bid price requirement, with a compliance period until November 10, 2025 [110]. - The company received a letter from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share, with a compliance period until November 10, 2025 [132]. - The company expressed substantial doubt about its ability to continue as a going concern due to recurring losses and insufficient liquidity [131]. - The company plans to raise additional equity or debt capital to fund future operations but cannot assure success in these efforts [130]. Revenue Contracts - XpresTest's revenue from a renewed program with the CDC totaled approximately $15,100, with a three-year contract valued at $22.2 million, extending the program through February 25, 2025 [106]. Operational Metrics - As of March 31, 2025, XWELL operated 17 domestic XpresSpa locations and 11 international locations, including key airports in Dubai, Abu Dhabi, Amsterdam, and Istanbul [101]. - The depreciation and amortization expense decreased by approximately 26% to $166 for the three months ended March 31, 2025, compared to $225 in 2024, due to fewer long-lived assets available for depreciation [121]. - The company reported a change in fair value of warrant liability amounting to $2,590 million in Q1 2025 [125].