Expion360 Inc. (XPON) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
2025 SW DEERHOUND AVE REDMOND, OR 97756 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 369 - Miscellaneous Electrical Machinery, Equipment, and Supplies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 548 | 3,933 | 7,201 | |||
| Cash and cash equivalent | 548 | 3,933 | 7,201 | |||
| Receivables | 613 | 155 | 298 | |||
| Inventory, net of allowances, customer advances and progress billings | 4,831 | 3,825 | 4,530 | |||
| Inventory | 4,831 | 3,825 | 4,530 | |||
| Prepaid expense | 1,613 | |||||
| Other undisclosed current assets | 236 | 353 | 313 | |||
| Total current assets: | 7,841 | 8,266 | 12,343 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 755 | 2,662 | 3,148 | |||
| Property, plant and equipment | 484 | 918 | 1,144 | |||
| Deposits noncurrent assets | 27 | 59 | 64 | |||
| Total noncurrent assets: | 1,266 | 3,639 | 4,356 | |||
| TOTAL ASSETS: | 9,107 | 11,905 | 16,699 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 515 | 528 | 410 | |||
| Accounts payable | 338 | 287 | 230 | |||
| Accrued liabilities | 177 | 241 | 179 | |||
| Debt | 32 | 51 | 71 | |||
| Other liabilities | 4,986 | |||||
| Other undisclosed current liabilities | 315 | 3,437 | 1,092 | |||
| Total current liabilities: | 5,848 | 4,016 | 1,573 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 198 | 298 | 439 | |||
| Long-term debt, excluding current maturities | 198 | 298 | 439 | |||
| Liabilities, other than long-term debt | 543 | 2,241 | 2,755 | |||
| Operating lease, liability | 543 | 2,241 | 2,755 | |||
| Other undisclosed noncurrent liabilities | 325 | |||||
| Total noncurrent liabilities: | 741 | 2,540 | 3,519 | |||
| Total liabilities: | 6,589 | 6,556 | 5,092 | |||
| Equity | ||||||
| Equity, attributable to parent | 2,518 | 5,350 | 11,607 | |||
| Common stock | 2 | 7 | 7 | |||
| Additional paid in capital | 37,091 | 26,439 | 25,240 | |||
| Accumulated deficit | (34,575) | (21,096) | (13,639) | |||
| Total equity: | 2,518 | 5,350 | 11,607 | |||
| TOTAL LIABILITIES AND EQUITY: | 9,107 | 11,905 | 16,699 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|---|
| Revenues | 5,625 | 5,981 | 7,163 | ||
| Other income | (6) | ||||
| Cost of revenue | (4,470) | (4,406) | (4,874) | ||
| Gross profit: | 1,155 | 1,576 | 2,288 | ||
| Operating expenses | (7,909) | (8,745) | (8,242) | ||
| Operating loss: | (6,754) | (7,170) | (5,953) | ||
| Nonoperating income (expense) | 6,727 | 283 | 1,592 | ||
| Interest and debt expense | 977 | (125) | (1,606) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 950 | (7,011) | (5,967) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (14,431) | (442) | (1,578) | ||
| Loss from continuing operations before income taxes: | (13,481) | (7,453) | (7,545) | ||
| Income tax expense (benefit) | 2 | (3) | 9 | ||
| Net loss attributable to parent: | (13,479) | (7,456) | (7,537) | ||
| Other undisclosed net income available to common stockholders, basic | 15,073 | ||||
| Net income (loss) available to common stockholders, diluted: | (13,479) | (7,456) | 7,537 | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|---|
| Net loss: | (13,479) | (7,456) | (7,537) | ||
| Comprehensive loss, net of tax, attributable to parent: | (13,479) | (7,456) | (7,537) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.