Expion360 Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $9.7M | $5.6M | $6.0M | $7.2M | $4.5M |
| Cost of revenue | $8.3M | $4.5M | $4.4M | $4.9M | $2.9M |
| Gross profit | $1.3M | $1.2M | $1.6M | $2.3M | $1.6M |
| Selling, general & administrative | $12.0M | $7.9M | $8.7M | $8.2M | $2.9M |
| Research and development | $558,882 | $295,292 | $397,662 | $270,054 | $58,044 |
| Operating income | -$10.7M | -$6.8M | -$7.2M | -$6.0M | -$1.3M |
| Interest expense | $20,226 | $976,618 | $124,511 | $1.6M | $554,044 |
| Pretax income | -$6.2M | -$13.5M | -$7.5M | -$7.5M | -$4.7M |
| Income tax expense | $150 | -$1,548 | $3,293 | -$8,850 | $9,300 |
| Net income | -$6.2M | -$13.5M | -$7.5M | -$7.5M | -$4.7M |
| Balance Sheet | |||||
| Cash and equivalents | $3.0M | $547,565 | $3.9M | $7.2M | $773,238 |
| Current assets | $7.0M | $7.8M | $8.3M | $12.3M | $4.8M |
| Total assets | $8.1M | $9.1M | $11.9M | $16.7M | $6.5M |
| Current liabilities | $996,937 | $5.8M | $4.0M | $1.6M | $1.6M |
| Total liabilities | $1.5M | $6.6M | $6.6M | $5.1M | $4.3M |
| Stockholders' equity | $6.5M | $2.5M | $5.3M | $11.6M | $2.3M |
| Cash Flow Statement | |||||
| Cash from operations | -$6.1M | -$9.6M | -$5.5M | -$5.5M | -$3.9M |
| Depreciation and amortization | $116,645 | $173,973 | $205,723 | $164,767 | $61,084 |
| Stock-based compensation | $1.2M | $616,632 | $560,365 | $2.1M | $188,100 |
| Capital expenditure | — | — | $20,170 | $567,370 | $113,694 |
| Free cash flow | — | — | -$5.6M | -$6.0M | -$4.0M |
| Share repurchases | — | $46,889 | — | — | — |
| Impairments | — | $0 | $0 | — | — |
Shares outstanding 11.4M · Free float 84.4%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.