Expion360 Inc
For the period ended Dec 31, 2023. Filed Mar 28, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 28, 2024
XPON$2.58+5.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Operations
| For the Years Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Sales, net | $5,981,134 | $7,162,837 |
| Cost of sales | 4,405,611 | 4,874,392 |
| Gross profit | 1,575,523 | 2,288,445 |
| Selling, general and administrative | 8,745,135 | 8,241,859 |
| Loss from operations | (7,169,612) | (5,953,414) |
| Other (Income) / Expense | ||
| Interest income | (125,854) | (239) |
| Interest expense | 124,511 | 1,605,916 |
| (Gain) / Loss on sale of property and equipment | 3,426 | (13,312) |
| Settlement expense | 281,680 | — |
| Other income | (394) | (389) |
| Total other (income) / expense | 283,369 | 1,591,976 |
| Loss before taxes | (7,452,981) | (7,545,390) |
| Tax (income) / expense | 3,293 | (8,850) |
| Net loss | $(7,456,274) | $(7,536,540) |
| Net loss per share (basic and diluted) | $(1.08) | $(1.23) |
| Weighted-average number of common shares outstanding | 6,887,985 | 6,135,938 |
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