secwatch.observer — SEC 8-K summary
======================================

Issuer:     Expion360 Inc. (XPON)
CIK:        0001894954
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001903596-22-000762
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expion360 Q3 revenue up 4% to $1.4M record, net loss widens to $1.3M
--------------------------------------------------------------------

- Revenue rose 4% to record $1.38M in Q3; nine-month revenue up 79% to $5.7M.
- Net loss $1.3M ($0.19/share) vs $353K ($0.13) in Q3 2021; nine-month loss $6.1M.
- Gross profit $403K (29.1% margin) down from $534K (40.1%) due to facility and labor costs.
- Cash $8.1M at Sept 30, down from $10.4M at June 30; $3.3M of nine-month loss non-cash IPO costs.
- Shipped new RV Lithium Power Bundle; installed automated assembly line equipment in Oregon.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1894954/000190359622000762/0001903596-22-000762-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1894954/000190359622000762/sfsxpon8k110922.htm
  HTML page:      https://secwatch.observer/filing/0001903596-22-000762

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer