Expion360 Inc.
For the period ended Sep 30, 2025. Filed Nov 13, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 13, 2025
XPON$2.50-3.1%Stored close · as of Nov 10, 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 (UNAUDITED)
| Common Stock · Additional Paid-in Capital · Accumulated Deficit · Total Stockholders’ Equity | |||||
|---|---|---|---|---|---|
| Shares · Amount | |||||
| Balance at December 31, 2023 | 69,230 | $69 | $26,445,378 | $(21,095,765) | $5,349,682 |
| Stock issued under equity line of credit | 382 | — | 125,153 | — | 125,153 |
| Proceeds received from cashless exercise of warrants | 16 | — | (4) | — | (4) |
| Stock issued for interest payment | 107 | — | 41,250 | — | 41,250 |
| Stock-based compensation | — | — | 35,127 | — | 35,127 |
| Issuance of stock options | — | — | 218,219 | — | 218,219 |
| Issuance of RSUs | — | — | 51,647 | — | 51,647 |
| Settlement of vested RSUs | 99 | — | 46,889 | — | 46,889 |
| Settlement of commitment shares | 635 | 1 | (1) | — | — |
| Net loss | — | — | — | (2,192,940) | (2,192,940) |
| Balance at March 31, 2024 | 70,469 | 70 | 26,963,658 | (23,288,705) | 3,675,023 |
| Stock issued for ELOC | 3,954 | 4 | 703,334 | — | 703,338 |
| Stock issued for interest payment | 153 | — | 34,561 | — | 34,561 |
| Issuance of stock options | — | — | 69,416 | — | 69,416 |
| Issuance of RSUs | — | — | 53,654 | — | 53,654 |
| Settlement of vested RSUs | 20 | — | — | — | — |
| Stock issued as a result of settlement | 1,000 | 1 | 208,999 | — | 209,000 |
| Net loss | — | — | — | (2,220,231) | (2,220,231) |
| Balance at June 30, 2024 | 75,596 | 75 | 28,033,622 | (25,508,936) | 2,524,761 |
| Stock issued for interest payment | 154 | — | 15,028 | — | 15,028 |
| Issuance of stock options | — | — | 71,116 | — | 71,116 |
| Issuance and settlement of RSUs | 386 | — | 35,488 | — | 35,488 |
| Issuance of 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 B warrants | 342,588 | 344 | 31,080 | — | 31,424 |
| Net loss | — | — | — | (8,814,657) | (8,814,657) |
| Balance at September 30, 2024 | 918,724 | $919 | $36,867,524 | $(34,323,593) | $2,544,850 |
| Balance at December 31, 2024 | 2,096,082 | $2,096 | $37,091,468 | $(34,575,240) | $2,518,324 |
| Issuance of shares, net of issuance costs | 474,193 | 474 | 355,084 | — | 355,558 |
| Issuance of pre-funded warrants | 574,193 | 574 | 1,423,425 | — | 1,423,999 |
| Issuance of stock options | — | — | 50,721 | — | 50,721 |
| Net loss | — | — | — | (1,151,998) | (1,151,998) |
| Balance at March 31, 2025 | 3,144,468 | 3,144 | 38,920,698 | (35,727,238) | 3,196,604 |
| Issuance and settlement of RSUs | 105,000 | 105 | 80,745 | — | 80,850 |
| Issuance of stock options | — | — | 52,379 | — | 52,379 |
| Issuance of shares in exchange for services | 125,000 | 125 | 106,125 | — | 106,250 |
| Net loss | — | — | — | (1,368,860) | (1,368,860) |
| Balance at June 30, 2025 | 3,374,468 | 3,374 | 39,159,947 | (37,096,098) | 2,067,223 |
| Issuance of stock options | — | — | 267,887 | — | 267,887 |
| Issuance of shares in exchange for services | 200,000 | 200 | 241,800 | — | 242,000 |
| Proceeds from exercise of warrants, net of costs | 5,069,194 | 5,070 | 5,707,093 | — | 5,712,163 |
| Net income | — | — | — | 722,792 | 722,792 |
| Balance at September 30, 2025 | 8,643,662 | $8,644 | $45,376,727 | $(36,373,306) | $9,012,065 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.