NASDAQ : XPON
Expion360 Inc. — Financial statements
Industrials · Electrical Equipment & Parts · United States
Last price 3.58 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 3.45M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Expion360 Inc. (XPON) reported revenue of 8.21M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 8.21M | 9.65M | 5.62M | 5.98M | 7.16M | 4.52M |
| Cost of Revenue | 6.94M | 8.31M | 4.47M | 4.41M | 4.87M | 2.87M |
| Gross Profit | 1.27M | 1.34M | 1.16M | 1.58M | 2.29M | 1.65M |
| Selling, General & Admin | 11.91M | 11.38M | 7.46M | 8.16M | 7.81M | 2.79M |
| Research & Development | 538.90K | 558.88K | 295.29K | 397.66K | 278.38K | 58.54K |
| Operating Expenses | 12.55M | 12.04M | 7.91M | 8.75M | 8.24M | 2.91M |
| Operating Income | -11.28M | -10.70M | -6.75M | -7.17M | -5.95M | -1.26M |
| Interest Expense | -19.62K | -20.23K | -976.62K | -124.51K | -1.61M | -554.04K |
| Interest & Investment Income | 43.81K | 16.15K | 86.12K | 125.85K | 239.00 | 169.00 |
| Other Non Operating Income (Expenses) | 4.50M | 4.49M | -4.98M | 394.00 | 389.00 | 372.00 |
| EBT Excluding Unusual Items | -6.76M | -6.22M | -12.62M | -7.17M | -7.56M | -1.82M |
| Gain (Loss) on Sale of Assets | -13.35K | -146.76K | -3.43K | 13.31K | 8.52K | |
| Other Unusual Items | -709.90K | -281.68K | -2.90M | |||
| Pretax Income | -6.76M | -6.24M | -13.48M | -7.45M | -7.55M | -4.71M |
| Income Tax Expense | 101.00 | 150.00 | -1.55K | 3.29K | -8.85K | 9.30K |
| Net Income | -6.76M | -6.24M | -13.48M | -7.46M | -7.54M | -4.72M |
| Net Income to Common | -6.76M | -6.24M | -13.48M | -7.46M | -7.54M | -4.72M |
| Shares Outstanding (Basic) | 781.35K | 459.32K | 53.42K | |||
| Shares Outstanding (Diluted) | 781.35K | 459.32K | 53.42K | |||
| EPS (Basic) | -8.65 | -13.57 | -252.34 | |||
| EPS (Diluted) | -8.65 | -13.57 | -252.34 | |||
| Free Cash Flow | -7.13M | -6.15M | -9.58M | -5.55M | -6.04M | -4.01M |
| Free Cash Flow Per Share | -9.12 | -13.39 | -179.37 | |||
| Gross Margin | 15.44% | 13.86% | 20.54% | 26.34% | 31.95% | 36.43% |
| Operating Margin | -137.39% | -110.90% | -120.07% | -119.87% | -83.12% | -27.97% |
| Profit Margin | -82.32% | -64.60% | -239.64% | -124.66% | -105.22% | -104.50% |
| Free Cash Flow Margin | -86.82% | -63.71% | -170.34% | -92.81% | -84.27% | -88.78% |
| EBITDA | -11.18M | -10.59M | -6.58M | -6.96M | -5.79M | -1.20M |
| EBITDA Margin | -136.16% | -109.69% | -116.98% | -116.43% | -80.81% | -26.61% |
| D&A For EBITDA | 101.20K | 116.64K | 173.97K | 205.72K | 164.77K | 61.08K |
| EBIT | -11.28M | -10.70M | -6.75M | -7.17M | -5.95M | -1.26M |
| EBIT Margin | -137.39% | -110.90% | -120.07% | -119.87% | -83.12% | -27.97% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.54M | 2.97M | 547.57K | 3.93M | 7.20M | 773.24K |
| Cash & Short-Term Investments | 1.54M | 2.97M | 547.57K | 3.93M | 7.20M | 773.24K |
| Receivables | 638.28K | 718.96K | 613.02K | 154.94K | 298.04K | 775.16K |
| Inventory | 2.58M | 3.18M | 6.44M | 3.99M | 4.67M | 3.13M |
| Prepaid Expenses | 560.76K | 179.65K | 236.46K | 189.42K | 171.79K | 71.70K |
| Total Current Assets | 5.32M | 7.04M | 7.84M | 8.27M | 12.34M | 4.75M |
| Property, Plant & Equipment | 785.79K | 994.42K | 1.24M | 3.58M | 4.29M | 1.71M |
| Other Long-Term Assets | 32.02K | 32.02K | 27.47K | 58.90K | 63.90K | 63.90K |
| Total Assets | 6.14M | 8.07M | 9.11M | 11.91M | 16.70M | 6.53M |
| Accounts Payable | 349.10K | 403.79K | 338.09K | 286.99K | 230.25K | 63.18K |
| Accrued Expenses | 203.95K | 196.15K | 177.51K | 274.38K | 205.69K | 100.18K |
| Short-Term Debt | 2.08M | 650.00K | ||||
| Current Portion of Long-Term Debt | 13.40K | 31.06K | 31.76K | 813.34K | 571.43K | 51.13K |
| Current Portion of Leases | 327.53K | 337.25K | 256.15K | 522.76K | 465.06K | 218.79K |
| Current Unearned Revenue | 60.12K | 20.73K | 53.02K | 21.87K | 14.23K | 461.84K |
| Other Current Liabilities | 4.77K | 7.96K | 4.99M | 13.69K | 86.30K | 26.75K |
| Total Current Liabilities | 958.86K | 996.94K | 5.85M | 4.02M | 1.57M | 1.57M |
| Long-Term Debt | 142.78K | 166.19K | 198.41K | 298.44K | 764.05K | 1.60M |
| Long-Term Leases | 218.01K | 372.48K | 542.76K | 2.24M | 2.75M | 1.09M |
| Total Liabilities | 1.32M | 1.54M | 6.59M | 6.56M | 5.09M | 4.27M |
| Common Stock | 953.00 | 9.78K | 2.10K | 69.00 | 6.80K | 4.30K |
| Additional Paid-In Capital | 48.67M | 47.34M | 37.09M | 26.45M | 25.24M | 8.36M |
| Retained Earnings | -43.85M | -40.81M | -34.58M | -21.10M | -13.64M | -6.10M |
| Shareholders' Equity | 4.82M | 6.54M | 2.52M | 5.35M | 11.61M | 2.26M |
| Total Liabilities & Equity | 6.14M | 8.07M | 9.11M | 11.91M | 16.70M | 6.53M |
| Total Debt | 701.72K | 906.97K | 1.03M | 5.96M | 4.56M | 3.62M |
| Net Cash (Debt) | 838.63K | 2.06M | -481.52K | -2.03M | 2.65M | -2.84M |
| Net Cash Per Share | 1.07 | 4.49 | -9.01 | |||
| Filing Date Shares Outstanding | 962.34K | 903.84K | 262.04K | |||
| Total Common Shares Outstanding | 953.19K | 815.14K | 174.67K | |||
| Working Capital | 4.36M | 6.05M | 1.99M | 4.25M | 10.77M | 3.18M |
| Book Value Per Share | 5.05 | 8.02 | 14.42 | |||
| Tangible Book Value | 4.82M | 6.54M | 2.52M | 5.35M | 11.61M | 2.26M |
| Tangible Book Value Per Share | 5.05 | 8.02 | 14.42 | |||
| Machinery | 577.06K | 737.36K | 844.36K | 1.03M | 1.08M | 464.10K |
| Leasehold Improvements | 69.72K | 69.72K | 69.72K | 314.82K | 314.82K | 59.32K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -6.76M | -6.24M | -13.48M | -7.46M | -7.54M | -4.72M |
| Depreciation & Amortization | 101.20K | 116.64K | 173.97K | 205.72K | 164.77K | 61.08K |
| Other Amortization | 667.14K | 1.20M | 212.87K | |||
| Loss (Gain) From Sale of Assets | 13.35K | 146.76K | 3.43K | -13.31K | -8.52K | |
| Stock-Based Compensation | 1.47M | 1.65M | 825.63K | 812.04K | 2.11M | 188.10K |
| Provision & Write-off of Bad Debts | 7.97K | -18.80K | 18.80K | |||
| Other Operating Activities | -3.58M | -3.56M | 4.92M | 3.01M | ||
| Change in Accounts Receivable | 69.47K | -105.94K | -458.09K | 161.90K | 458.32K | -566.43K |
| Change in Inventory | 2.14M | 2.36M | -2.45M | 682.41K | -1.54M | -2.41M |
| Change in Accounts Payable | -326.26K | 65.70K | 51.11K | 56.73K | -3.79K | 11.18K |
| Change in Other Net Operating Assets | -247.67K | -459.39K | 47.04K | 21.61K | -329.85K | 330.46K |
| Operating Cash Flow | -7.13M | -6.15M | -9.56M | -5.53M | -5.47M | -3.90M |
| Capital Expenditures | -19.20K | -20.17K | -567.37K | -113.69K | ||
| Sale of Property, Plant & Equipment | 4.25K | 132.61K | 36.75K | 51.68K | ||
| Investing Cash Flow | 4.25K | 113.41K | 16.58K | -515.69K | -113.69K | |
| Long-Term Debt Issued | 2.42M | 4.17M | ||||
| Total Debt Issued | 2.42M | 4.17M | ||||
| Short-Term Debt Repaid | -62.50K | -550.00K | -280.00K | |||
| Long-Term Debt Repaid | -32.92K | -3.63M | -161.19K | -1.80M | -26.69K | |
| Total Debt Repaid | -57.43K | -32.92K | -3.63M | -223.69K | -2.35M | -306.69K |
| Net Debt Issued (Repaid) | -57.43K | -32.92K | -3.63M | 2.20M | -2.35M | 3.86M |
| Issuance of Common Stock | 8.04M | 8.60M | 9.70M | 49.80K | 14.77M | 838.40K |
| Other Financing Activities | -23.00 | -11.80K | -204.63K | |||
| Financing Cash Flow | 7.98M | 8.57M | 6.06M | 2.25M | 12.41M | 4.49M |
| Net Cash Flow | 855.43K | 2.42M | -3.39M | -3.27M | 6.43M | 482.56K |
| Free Cash Flow | -7.13M | -6.15M | -9.58M | -5.55M | -6.04M | -4.01M |
| Free Cash Flow Margin | -86.82% | -63.71% | -170.34% | -92.81% | -84.27% | -88.78% |
| Free Cash Flow Per Share | -9.12 | -13.39 | -179.37 | |||
| Levered Free Cash Flow | -7.42M | -6.65M | -1.18M | -2.69M | -3.09M | -3.50M |
| Unlevered Free Cash Flow | -7.41M | -6.63M | -1.24M | -2.62M | -3.29M | -3.37M |
| Cash Interest Paid | 19.92K | 20.89K | 220.71K | 121.89K | 435.15K | 341.26K |
| Cash Income Tax Paid | 176.00 | 300.00 | ||||
| Change in Working Capital | 1.64M | 1.86M | -2.81M | 922.65K | -1.41M | -2.64M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.54M | 6.55M | 5.01M | 37.31M | 15.64M | |
| Enterprise Value | 2.70M | 3.25M | 2.79M | 38.47M | 12.21M | |
| Last Close Price | 3.58 | 8.13 | 28.68 | 6,468.00 | 2,760.00 | |
| PS Ratio | 0.42 | 0.68 | 0.89 | 6.24 | 2.18 | |
| PB Ratio | 0.71 | 1.00 | 1.99 | 6.97 | 1.35 | |
| P/TBV Ratio | 0.72 | 1.00 | 1.99 | 6.97 | 1.35 | |
| EV/Sales Ratio | 0.32 | 0.34 | 0.50 | 6.43 | 1.71 | |
| Debt / Equity Ratio | 0.15 | 0.14 | 0.41 | 1.11 | 0.39 | 1.60 |
| Net Debt / Equity Ratio | -0.17 | -0.32 | 0.19 | 0.38 | -0.23 | 1.26 |
| Net Debt / EBITDA Ratio | 0.07 | 0.20 | -0.07 | -0.29 | 0.46 | -2.37 |
| Net Debt / FCF Ratio | 0.12 | 0.34 | -0.05 | -0.36 | 0.44 | -0.71 |
| Asset Turnover | 1.11 | 1.12 | 0.54 | 0.42 | 0.62 | 1.11 |
| Inventory Turnover | 1.69 | 1.73 | 0.86 | 1.02 | 1.25 | 1.49 |
| Quick Ratio | 2.27 | 3.70 | 0.20 | 1.02 | 4.77 | 0.98 |
| Current Ratio | 5.55 | 7.07 | 1.34 | 2.06 | 7.85 | 3.02 |
| Return on Equity (ROE) | -196.29% | -137.73% | -342.64% | -87.94% | -108.73% | -1,076.81% |
| Return on Assets (ROA) | -95.62% | -77.88% | -40.18% | -31.33% | -32.04% | -19.42% |
| Return on Capital Employed (ROCE) | -217.80% | -151.30% | -207.20% | -90.90% | -39.40% | -25.50% |
| Earnings Yield | -235.00% | -95.25% | -269.07% | -19.98% | -48.18% | |
| FCF Yield | -206.86% | -93.94% | -191.27% | -14.88% | -38.58% | |
| Buyback Yield / Dilution | -322.99% | -759.87% |