Welcome to our dedicated page for Expion360 SEC filings (Ticker: XPON), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Expion360 Inc. SEC filings document the regulatory record for a Nevada lithium battery company with common stock traded on the Nasdaq Capital Market. Recent 8-K reports furnish financial results and preliminary results, Regulation FD stockholder communications, and material-event disclosures tied to the company’s operating outlook and leadership changes.
The filings also cover capital-structure and public-company matters, including an at-the-market issuance sales agreement, a completed private placement, pre-funded warrant terms, common-stock registration framework and Nasdaq continued-listing compliance notices. These documents describe the company’s equity financing tools, warrant mechanics, exchange-listing status, emerging growth company status, exhibits and related disclosure controls for a small public operating company.
Expion360 Inc. reports Q1 2026 results with net sales of $1.6 million and a net loss of $1.8 million, and discloses substantial doubt about its ability to continue as a going concern. Revenue declined 24% year over year as the company exited certain low‑margin accessory resales and some OEM customers reduced orders due to elevated inventory levels.
Gross margin was 25.3%, roughly flat versus the prior year, while selling, general and administrative expenses rose to $2.2 million, significantly widening the operating loss. Expion360 used $1.1 million of cash in operating activities but ended the quarter with $3.1 million of cash and cash equivalents, helped by raising about $1.2 million through an at‑the‑market stock program.
The company continues to incur recurring losses and negative operating cash flows and has an accumulated deficit of $42.6 million as of March 31, 2026. It is pursuing additional capital, cost controls, and supply‑chain initiatives, but its auditors highlight that these conditions create substantial doubt about its ability to remain a going concern. Expion360 also received a Nasdaq notice for falling below the $1.00 minimum bid price and has until July 28, 2026 to regain compliance.
Expion360 Inc. reported a wider net loss for the first quarter of 2026 as it repositioned its product mix and prepared new industrial offerings. Net sales were $1.6 million, down 24% from $2.0 million a year earlier, mainly because the company stopped reselling certain low-margin accessories and some OEM customers started the year with high battery inventories. Despite lower sales, gross margin improved slightly to 25% from 24%, reflecting the focus on higher-margin products.
Operating costs rose as selling, general, and administrative expenses increased 31% to $2.2 million, driven by legal, professional, and personnel costs. As a result, net loss expanded to $1.8 million from $1.2 million. Cash and cash equivalents were $3.1 million as of March 31, 2026, up modestly from $3.0 million at year-end, supported by $1.2 million of common stock issuance. Management highlighted upcoming launches of three next-generation lithium battery models for industrial markets and a hybrid energy storage system partnership as key parts of its growth strategy.
Expion360 Inc. files an amended annual report to add detailed Part III information for the year ended December 31, 2025, including governance, executive pay, director compensation and ownership data. No financial statements are changed.
The company reports a public float of about $3.1 million as of June 30, 2025 and 11,438,298 common shares outstanding as of April 29, 2026. Joseph Hammer became Chief Executive Officer and Chairman in October 2025 with a base salary of $330,000.
Compensation for 2025 included cash salaries, sizeable bonuses under a new employee incentive plan, fully vested RSU and stock option grants, and significant severance packages and RSU awards for former executives Brian Schaffner and Paul Shoun in connection with leadership changes and an October 2025 private placement. The filing also outlines a higher cash-based director compensation program effective 2026 and confirms that one stockholder, Pioneer Capital Anstalt, holds just over 5% of outstanding shares.
Expion360 Inc. files its annual report describing a lithium iron phosphate battery business focused on RV, marine, and industrial applications. The company reported net losses of $6.2 million in 2025 and $13.5 million in 2024, and its auditors raised substantial doubt about its ability to continue as a going concern.
Expion360 relies on third-party manufacturers in Asia, faces volatile lithium and component costs, and expects additional tariffs in 2026. Four customers represented about 60% of 2025 gross sales, highlighting customer concentration risk. A 1‑for‑100 reverse stock split became effective in October 2024, and there were 10,846,135 common shares outstanding as of March 11, 2026.
Expion360 Inc. reported strong revenue growth but continued losses for the year ended December 31, 2025. Net sales rose 72% to $9.7 million from $5.6 million in 2024, driven by expanded OEM relationships, new customers and broader adoption of its LiFePO4 battery platforms.
Gross profit increased to $1.3 million, though gross margin fell to 14% from 21% due to a one-time obsolete inventory adjustment. Without this, gross profit would have been $2.2 million or 23% of sales. Selling, general and administrative expenses rose 52% to $12.0 million, reflecting higher salaries, legal and professional fees and research and development.
Net loss narrowed to $6.2 million from $13.5 million, helped by higher sales and suspended liability income. Cash and cash equivalents increased to $3.0 million, working capital to $6.0 million, and stockholders’ equity to $6.5 million. In the fourth quarter, net sales grew 12% to $2.2 million, but a large inventory adjustment led to a gross loss and a $4.4 million net loss. Management highlighted upcoming next-generation industrial batteries and a new DASGen hybrid energy storage system as key 2026 growth initiatives.
L1 Capital Global Opportunities Master Fund, Ltd. filed an amended Schedule 13G/A reporting beneficial ownership of 449,193 warrants to purchase shares of Expion360 Inc. common stock. This position represents 4.4% of the common stock, based on 9,656,739 shares outstanding as of November 13, 2025.
L1 Capital reports sole voting and dispositive power over all 449,193 warrants and confirms its holdings are not intended to change or influence control of Expion360. The filing also notes that directors David Feldman and Joel Arber may be deemed beneficial owners, though they disclaim beneficial ownership for other purposes.
Expion360 Inc. reported that Nasdaq staff has issued a determination to delist its common stock because the share price has stayed below Nasdaq’s $1.00 minimum bid price requirement for 30 consecutive business days. The company has 180 days, until July 28, 2026, to regain compliance.
If Expion360 does not meet the minimum bid price by then, it may qualify for an additional 180‑day period if it satisfies other Nasdaq listing standards and outlines a specific plan, which could include a reverse stock split. The company is evaluating options but cannot assure it will maintain its Nasdaq listing.
Expion360 Inc. furnished a current report to share that it has issued a press release with select preliminary unaudited financial results for the fiscal year ended December 31, 2025. The press release is included as Exhibit 99.1 to the report for investors to review.
The information in this update, including the exhibit, is being furnished under securities laws and is not treated as formally filed or incorporated into other company filings unless specifically referenced there. Expion360’s common stock continues to trade on The Nasdaq Capital Market under the symbol XPON.
Expion360 Inc. filed a current report to share that it has issued a letter to stockholders from Chief Executive Officer and Chairman Joseph Hammer. The letter discusses recent leadership changes at the company, its operational results for the year ended December 31, 2025, and its operational outlook for the year ending December 31, 2026. The letter is included as Exhibit 99.1 and is furnished rather than filed, meaning it is not subject to certain Exchange Act liability provisions or automatically incorporated into other securities filings unless specifically referenced.
Expion360 Inc. is establishing an at-the-market offering of up to $15.0 million of its common stock through Aegis Capital Corp., allowing it to sell shares over time at prevailing prices. Aegis will act as sales agent or principal and earn a 2.0% commission on gross proceeds, while all net proceeds will go to Expion360 for working capital and other general corporate purposes.
The company estimates that selling the full amount at a recent price of $1.05 per share would generate up to approximately $14.5 million in net proceeds after fees and expenses. As of September 30, 2025, Expion360 had 8,643,662 shares outstanding, and it notes that issuing new shares under this program will dilute existing holders and could pressure the trading price. The prospectus also highlights Form S-3 “baby shelf” limits tied to a public float of about $15.8 million and prior sales of approximately $2.6 million in the last 12 months.
Expion360 designs and sells lithium iron phosphate batteries and home energy storage products for RV, marine, and residential markets, and recently began shipping its e360 Home Energy Storage Solutions. The company has refreshed its leadership team in 2025, including appointing a new Chief Executive Officer, Chief Financial Officer, and an additional director to support its next phase of operational and strategic growth.