Expion Energy, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
View on SEC.govAbout this filing
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.
FY2024 · Filed Mar 31, 2025
XPON$2.58+5.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Stockholders’ Equity (Deficit)
Statements of Stockholders’ Equity (Deficit) for Years Ended December 31, 2024 and 2023
| Common Stock · Additional Paid-in Capital · Accumulated Deficit · Total Stockholders’ Equity (Deficit) | |||||
|---|---|---|---|---|---|
| Shares · Amount | |||||
| Balance at December 31, 2022 | 68,025 | $68 | $25,246,388 | $(13,639,491) | $11,606,965 |
| Proceeds received from cashless exercise of warrants | 413 | — | (24) | — | (24) |
| Proceeds received from cash exercise of warrants | 150 | — | 49,800 | — | 49,800 |
| Stock issued as a result of litigation settlement | 520 | 1 | 251,679 | — | 251,680 |
| Issuance of warrants | — | — | 65,046 | — | 65,046 |
| Issuance of stock options | — | — | 371,071 | — | 371,071 |
| Issuance of RSUs | — | — | 124,249 | — | 124,249 |
| Settlement of vested RSUs | 122 | — | — | — | — |
| Issuance of common stock in exchange for short-term loan costs | — | — | 337,169 | — | 337,169 |
| Net loss | — | — | — | (7,456,274) | (7,456,274) |
| Balance at December 31, 2023 | 69,230 | $69 | $26,445,378 | $(21,095,765) | $5,349,682 |
| Stock issued for ELOC | 4,336 | 4 | 828,487 | — | 828,491 |
| Proceeds received from cashless exercise of warrants | 16 | — | (4) | — | (4) |
| Proceeds received from cash exercise of warrants | — | — | 26 | — | 26 |
| Stock issued for interest payment | 414 | — | 90,839 | — | 90,839 |
| Issuance of stock options | — | — | 464,328 | — | 464,328 |
| Issuance of RSUs | — | — | 141,417 | — | 141,417 |
| Settlement of vested RSUs | 525 | — | 46,889 | — | 46,889 |
| Settlement of commitment shares | 635 | 1 | (1) | — | — |
| Stock issued as a result of litigation settlement | 1,000 | 1 | 208,999 | — | 209,000 |
| Issuance shares and pre-funded warrants, follow-on offering, net of issuance costs | 500,000 | 500 | 8,681,190 | — | 8,681,690 |
| Proceeds from exercise of Series A warrants | 14,900 | 15 | 77,555 | — | 77,570 |
| Proceeds from exercise of Series B warrants | 1,294,367 | 1,296 | 106,575 | — | 107,871 |
| Shares issued for true-up upon reverse stock split | 210,659 | 210 | (210) | — | — |
| Net loss | — | — | — | (13,479,475) | (13,479,475) |
| Balance at December 31, 2023 | 2,096,082 | $2,096 | $37,091,468 | $(34,575,240) | $2,518,324 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.