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Expion360, Inc.
(NASDAQ:XPON)
Expion360, Inc. (XPON) vs. SPDR S&P 500 ETF (SPY)
Expion360, Inc. Business Overview & Revenue Model
Expion360, Inc. Earnings Call Summary
Expion360, Inc. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.41M | 5.62M | 5.98M | 7.16M | 4.52M | 1.57M |
| Gross Profit | 1.73M | 1.16M | 1.58M | 2.29M | 1.65M | 302.97K |
| EBITDA | -10.98M | -12.33M | -7.12M | -5.77M | -4.10M | -661.04K |
| Net Income | -11.59M | -13.48M | -7.46M | -7.54M | -4.72M | -876.48K |
Balance Sheet | ||||||
| Total Assets | 8.61M | 9.11M | 11.91M | 16.70M | 6.53M | 1.60M |
| Cash, Cash Equivalents and Short-Term Investments | 684.92K | 547.57K | 3.93M | 7.20M | 773.24K | 290.68K |
| Total Debt | 894.64K | 1.03M | 5.96M | 4.56M | 3.62M | 2.67M |
| Total Liabilities | 6.54M | 6.59M | 6.56M | 5.09M | 4.27M | 2.98M |
| Stockholders Equity | 2.07M | 2.52M | 5.35M | 11.61M | 2.26M | -1.38M |
Cash Flow | ||||||
| Free Cash Flow | -7.79M | -9.58M | -5.55M | -6.04M | -4.01M | -1.16M |
| Operating Cash Flow | -7.79M | -9.56M | -5.53M | -5.47M | -3.90M | -1.12M |
| Investing Cash Flow | 40.52K | 113.41K | 16.58K | -515.69K | -113.69K | -36.75K |
| Financing Cash Flow | 7.53M | 6.06M | 2.25M | 12.41M | 4.49M | 1.31M |
Expion360, Inc. Technical Analysis
Expion360, Inc. Risk Analysis
Expion360, Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
| ― | $33.94M | -3.42 | -62.16% | ― | -14.52% | -4.40% | |
| ― | $9.57M | -2.09 | -49.34% | ― | 0.13% | 45.00% | |
| ― | $4.76M | -0.05 | -504.67% | ― | 68.33% | 78.66% | |
| ― | $44.87M | ― | -64.46% | ― | -86.56% | 20.19% | |
| ― | $44.58M | ― | ― | ― | ― | 25.87% |
Expion360, Inc. Corporate Events
On October 16, 2025, Expion360 Inc. completed a securities purchase agreement with two institutional investors, resulting in a private placement of common stock and pre-funded warrants, generating approximately $1.1 million in net proceeds. The funds are intended for severance obligations and general corporate purposes. Concurrently, significant leadership changes occurred, with CEO Brian Schaffner and President Paul Shoun resigning, and Joseph Hammer being appointed as the new CEO and Chairman of the Board. Scott Burell was also appointed as an independent director, expanding the board to six members.
The most recent analyst rating on (XPON) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Expion360, Inc. stock, see the XPON Stock Forecast page.
Expion360 Inc. has successfully regained compliance with Nasdaq Listing Rule 5550(b)(1), ensuring its common stock continues to be listed on The Nasdaq Capital Market. This follows a notification received on August 20, 2025, regarding a shortfall in stockholders’ equity balance, which was rectified by reducing the exercise price of certain warrants, leading to an increase in equity above the required threshold. The compliance was confirmed by Nasdaq on September 17, 2025.
The most recent analyst rating on (XPON) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Expion360, Inc. stock, see the XPON Stock Forecast page.
On September 3, 2025, Expion360 announced the resignation of Brian Schaffner as Interim Chief Financial Officer, while he continues as CEO and Director. Shawna Bowin, previously the company’s Controller, was appointed as the new Chief Financial Officer, bringing over 20 years of accounting experience to the role. Her appointment is expected to support Expion360’s growth initiatives, particularly in expanding distribution and advancing their lithium-ion battery technology.
The most recent analyst rating on (XPON) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Expion360, Inc. stock, see the XPON Stock Forecast page.
Expion360, Inc. recently held its earnings call, showcasing a blend of optimism and challenges. The company reported significant revenue growth and successful market expansion, reflecting a positive sentiment. However, concerns about declining gross margins and ongoing net losses were also addressed, with the company outlining strategic initiatives to tackle these issues.
Expion360 Inc. announced on August 14, 2025, that it entered into inducement offer letter agreements with holders of its Series A and January Warrants, reducing the exercise price of these warrants to $1.31 per share to encourage prompt exercise for cash. The company’s Board of Directors further confirmed this reduction on August 22, 2025, resulting in significant financial impacts including the issuance of 4,878,942 shares of common stock and net cash proceeds of approximately $5.65 million. This adjustment also helped Expion360 regain compliance with Nasdaq’s equity requirements, as the company’s stockholders’ equity balance improved significantly, allowing it to maintain its listing on the Nasdaq Capital Market.
The most recent analyst rating on (XPON) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Expion360, Inc. stock, see the XPON Stock Forecast page.
On August 14, 2025, Expion360 Inc. announced an inducement offer letter agreement with holders of its Series A and January warrants to raise cash and simplify its capitalization structure. The agreement involved reducing the exercise price of these warrants to $1.31 per share, encouraging their exercise and potentially improving liquidity and financial flexibility for the company.
Expion360, Inc., headquartered in Redmond, Oregon, is a leading provider of lithium iron phosphate battery power storage solutions, catering to sectors such as recreational vehicles, marine applications, and residential energy storage. The company is recognized for its high-performance lithium-ion batteries that offer superior power and longevity compared to traditional lead-acid batteries.
Expion360, Inc. announced that it has regained compliance with Nasdaq’s minimum bid price requirement as of August 13, 2025, ensuring its continued listing on the Nasdaq Capital Market. The company also reported a significant financial performance for the second quarter of 2025, with net sales increasing by 134% year-over-year to $3.0 million, marking the sixth consecutive quarter of sales growth. This growth was driven by strong demand for new products and technologies, particularly in the RV market. Despite challenges like tariff uncertainties affecting gross margins, Expion360 has taken steps to mitigate these impacts and is focused on expanding its distribution and advancing its lithium-ion battery technology.
On July 31, 2025, Expion360 Inc. held its Annual Meeting of Stockholders, where key decisions were made regarding the company’s governance and stock plans. During the meeting, five directors were elected to the board for a one-year term, the appointment of M&K CPAS, PLLC as the independent accounting firm was ratified, and increases in the number of shares authorized for issuance under both the 2021 Incentive Award Plan and the 2021 Employee Stock Purchase Plan were approved.