secwatch.observer — SEC 8-K summary ====================================== Issuer: Expion360 Inc. (XPON) CIK: 0001894954 Form: 8-K Filed at: 2025-03-31T23:59:59+00:00 Accession: 0001903596-25-000142 Event type: earnings Sentiment: neutral Materiality: 0.75 Item codes: 2.02, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Expion360 Q4 rev $2.0M (+131% YoY); FY net loss $13.5M; guides $5M new OEM rev for 2025 -------------------------------------------------------------------------------- - Q4 2024 revenue $2.0M, up 131% YoY and 43% sequentially; gross margin 22.1%. - Full-year 2024 revenue $5.6M (down 6% YoY); net loss $13.5M ($21.03/diluted share) includes $5M non-cash warrant liability. - Cash $0.5M at Dec 31, 2024; closed $2.6M offering in Jan 2025. - New OEM wins (Scout Campers, Alaskan Campers, K-Z RVs) expected to add ~$5M revenue in FY 2025. - Signed non-binding LOI with NeoVolta for potential US battery manufacturing collaboration; HESS shipments began Jan 2025. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1894954/000190359625000142/0001903596-25-000142-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1894954/000190359625000142/xpon_8k.htm HTML page: https://secwatch.observer/filing/0001903596-25-000142 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer