---
schema_version: "secwatch.filing_event.v1"
accession: "0001903596-23-000854"
form_type: "8-K"
ticker: "XPON"
cik: "0001894954"
company_name: "Expion360 Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:51:43.470305+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Expion360 Q3 revenue up 37% to $1.9M; net loss widens to $1.8M

## Summary
- Revenue $1.9M (+37% YoY); net loss $1.8M ($0.26 loss per share) vs $1.3M loss ($0.19) in Q3 2022.
- Gross margin fell to 25.0% from 29.1% due to product mix, tooling/molds, and warehouse capacity.
- SG&A rose to $2.3M from $1.7M, driven by legal/professional, R&D, and salary increases.
- Cash $2.9M (down from $3.6M at June 30); inventory $4.3M; cash burn continues.
- Expanded distribution with Meyer Distributing; new 450 Ah battery; home energy pilot with REPM starts Q1 2024.

## SEC filing metadata
- accession: 0001903596-23-000854
- form_type: 8-K
- ticker: XPON
- cik: 0001894954
- company_name: Expion360 Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1894954/000190359623000854/0001903596-23-000854-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1894954/000190359623000854/xpon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001903596-23-000854
- JSON: https://secwatch.observer/filing/0001903596-23-000854.json
- Plain text: https://secwatch.observer/filing/0001903596-23-000854.txt

## Key facts
- Earnings Releases
  Expion360 Inc. reported the three months ended September 30, 2023 results: revenue $1.9 million, net income Net loss totaled $1.8 million.
  - Period: the three months ended September 30, 2023
  - Revenue: $1.9 million
  - Net income: Net loss totaled $1.8 million
  - Result: reported results
  source text: months ended September 30, 2023. All third quarter 2023 comparisons are to the same year-ago period unless otherwise noted. Q3 2023 Financial Highlights · Revenues totaled $1.9 million, up 10% sequentially and up 37% from the same year-ago period. · Gross profit increased 17% to $473,000. · Net loss totaled $1.8 million compared to a loss of $1.3 million in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1894954/000190359623000854/0001903596-23-000854-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.