---
schema_version: "secwatch.filing_event.v1"
accession: "0001903596-24-000673"
form_type: "8-K"
ticker: "XPON"
cik: "0001894954"
company_name: "Expion360 Inc."
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:39:05.825304+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Expion360 Q3 revenue up 8.7% sequentially to $1.4M; net loss widens to $8.8M

## Summary
- Q3 net loss totaled $8.8M vs $1.8M a year ago, driven by lower sales, change in fair value of warrants, and settlement expense.
- Q3 revenue of $1.4M down 26.5% YoY; gross margin fell to 12.1% from 25.0%.
- Closed $10M public offering in August; net proceeds used to repay convertible note and fund home energy storage development.
- Added three OEM customers: Scout Campers, Alaskan Camper, and K-Z RV (Thor subsidiary) for standard battery installations.
- President/COO/Chairman Paul Shoun taking temporary COO leave through Feb 2025; VP Carson Heagen assumes COO duties.

## SEC filing metadata
- accession: 0001903596-24-000673
- form_type: 8-K
- ticker: XPON
- cik: 0001894954
- company_name: Expion360 Inc.
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1894954/000190359624000673/0001903596-24-000673-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1894954/000190359624000673/xpon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001903596-24-000673
- JSON: https://secwatch.observer/filing/0001903596-24-000673.json
- Plain text: https://secwatch.observer/filing/0001903596-24-000673.txt

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