secwatch.observer — SEC 8-K summary
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Issuer:     Expion360 Inc. (XPON)
CIK:        0001894954
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001903596-23-000242
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expion360 FY2022 revenue up 59% to record $7.2M; net loss widens to $7.5M
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- Revenue $7.2M (+59% YoY); Q4 revenue $1.45M (+8% YoY).
- Gross profit $2.3M (31.9% margin); net loss $7.5M ($1.23/share) vs $4.7M in 2021.
- Cash $7.2M at Dec 31, 2022; inventory $4.5M.
- Secured exclusive supplier deals with top SUV maker, Cube Series, Imperial Outdoors, Xtreme Outdoors.
- Plans to launch home energy storage product in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1894954/000190359623000242/0001903596-23-000242-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1894954/000190359623000242/xpon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001903596-23-000242

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