{"schema_version":"secwatch.filing_event.v1","accession":"0001903596-24-000304","form_type":"8-K","ticker":"XPON","cik":"0001894954","company_name":"Expion360 Inc.","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.125490+00:00","generated_at":"2026-06-02T01:22:26.609324+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Expion360 Q1 2024 revenue $1.0M, down 35.5% YoY; net loss $2.2M","bullets":["Revenue $1.0M, down 35.5% YoY from $1.5M; up 13% sequentially from Q4 2023.","Net loss $2.2M ($0.31/share) vs $2.0M ($0.29/share) in Q1 2023.","Gross margin fell to 22.9% from 29.4% due to higher fixed overhead on lower sales.","Cash $2.3M at March 31, 2024; obtained financing commitments up to $22.5M from 3i, LP and Tumim Stone.","Received preorders for new Group 27/GC2 batteries with VHC heating; deliveries started May 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001903596-24-000304","json":"https://secwatch.observer/filing/0001903596-24-000304.json","markdown":"https://secwatch.observer/filing/0001903596-24-000304.md","text":"https://secwatch.observer/filing/0001903596-24-000304.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1894954/000190359624000304/0001903596-24-000304-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1894954/000190359624000304/xpon_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T01:22:26.609324+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0c0792acda2b3f4071568cd9c4750d4df85a3da6","claim":"Expion360 Inc. reported the first quarter ended March 31, 2024 results: revenue $1.0 million, net income $2.2 million, EPS $(0.31) per share.","evidence_excerpt":"its financial and operational results for the first quarter ended March 31, 2024. First Quarter & Subsequent 2024 Financial & Operational Highlights · Q1 2024 Revenue totaled $1.0 million, up 13% sequentially from Q4 2023. · Q1 2024 Net loss totaled $2.2 million compared to a net loss of $2.0 million in the prior year period as the Company continued to invest in","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1894954/000190359624000304/0001903596-24-000304-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$1.0 million"},{"label":"Net income","value":"$2.2 million"},{"label":"EPS","value":"$(0.31) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}