Expion360 Inc.
For the period ended Mar 31, 2026. Filed May 15, 2026.
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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.
Mar 31, 2026 · Filed May 15, 2026
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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BALANCE SHEETS
| As of March 31, 2026 (Unaudited) | As of December 31, 2025 | |
|---|---|---|
| Assets | ||
| Current Assets | ||
| Cash and cash equivalents | $3,056,538 | $2,969,096 |
| Accounts receivable, net | 616,448 | 718,964 |
| Inventory | 2,433,581 | 2,858,780 |
| Prepaid/in-transit inventory | 174,362 | 318,440 |
| Prepaid expenses and other current assets | 326,353 | 179,645 |
| Total current assets | 6,607,282 | 7,044,925 |
| Property and equipment | 807,083 | 807,083 |
| Accumulated depreciation | (503,774) | (478,861) |
| Property and equipment, net | 303,309 | 328,222 |
| Other Assets | ||
| Operating leases – right-of-use asset | 587,672 | 666,199 |
| Deposits | 32,016 | 32,016 |
| Total other assets | 619,688 | 698,215 |
| Total assets | $7,530,279 | $8,071,362 |
| Liabilities and stockholders’ equity | ||
| Current liabilities | ||
| Accounts payable | $419,599 | $403,792 |
| Customer deposits | 1,042 | 2,978 |
| Accrued expenses and other current liabilities | 241,448 | 221,863 |
| Current portion of operating lease liability | 332,410 | 337,246 |
| Current portion of long-term debt | 31,572 | 31,058 |
| Total current liabilities | 1,026,071 | 996,937 |
| Long-term debt, net of current portion and discount | 158,106 | 166,187 |
| Operating lease liability, net of current portion | 296,503 | 372,478 |
| Total liabilities | 1,480,680 | 1,535,602 |
| Stockholders’ equity | ||
| Preferred stock, par value $0.001; 20,000,000 shares authorized; zero shares issued and outstanding | — | — |
| Common stock, par value $0.001; 200,000,000 shares authorized; 11,438,298 and 9,781,739 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | 11,438 | 9,782 |
| Additional paid-in capital | 48,610,756 | 47,336,405 |
| Accumulated deficit | (42,572,595) | (40,810,427) |
| Total stockholders’ equity | 6,049,599 | 6,535,760 |
| Total liabilities and stockholders’ equity | $7,530,279 | $8,071,362 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.