<span item_type="fundamental" item_id="0aea6b0386d684c04295ea215fe5d0b9" counter_id="ST/US/XPON" env="prod"></span><span item_type="announcement" item_id="627244587486806145" env="prod"></span><p>Revenue: As of FY2025, the actual value is USD 9.652 M.</p><p>EPS: As of FY2025, the actual value is USD -1.13.</p><p>EBIT: As of FY2025, the actual value is USD -10.7 M.</p><p></p><h3>Financial and Operational Highlights (Year Ended December 31, 2025 vs. 2024)</h3><h4>Net Sales</h4><p>Net sales for Expion360 Inc. totaled $9.7 million for the year ended December 31, 2025, marking a 72% increase compared to $5.6 million in the prior year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p><h4>Gross Profit and Margin</h4><p>Gross profit for the year ended December 31, 2025, was $1.3 million, a 16% increase from $1.2 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span> Gross margin decreased from 21% in 2024 to 14% in 2025, primarily due to a one-time adjustment for obsolete inventory.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span> Excluding this adjustment, gross profit for 2025 would have been $2.2 million, representing 23% of net sales.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p><h4>Selling, General and Administrative Expenses</h4><p>Selling, general and administrative expenses increased by 52% to $12.0 million in 2025 from $7.9 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span> As a percentage of sales, these expenses decreased from 141% in 2024 to 125% in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p><h4>Net Loss</h4><p>Expion360 Inc. reported a net loss of - $6.2 million for the year ended December 31, 2025, an improvement from a net loss of - $13.5 million in the prior year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span> Net loss per share (basic and diluted) was - $1.13 for 2025, compared to - $21.03 for 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p><h4>Cash Flow from Operating Activities</h4><p>Net cash used in operating activities decreased to - $6.1 million for the year ended December 31, 2025, from - $9.6 million in the prior year, marking a 36% improvement.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p><h4>Cash and Cash Equivalents</h4><p>Cash and cash equivalents totaled $3.0 million as of December 31, 2025, an increase from $0.5 million as of December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p><h4>Working Capital</h4><p>Working capital increased to $6.0 million as of December 31, 2025, compared to $2.0 million as of December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p><h4>Stockholders’ Equity</h4><p>Stockholders’ equity totaled $6.5 million as of December 31, 2025, up from $2.5 million as of December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p><h4>Total Assets and Liabilities</h4><p>Total assets were $8.07 million as of December 31, 2025, down from $9.11 million as of December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span> Total liabilities were $1.54 million as of December 31, 2025, a significant decrease from $6.59 million as of December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p><h3>Financial Summary (Fourth Quarter 2025 vs. 2024)</h3><h4>Net Sales</h4><p>Net sales for the fourth quarter of 2025 were $2.2 million, a 12% increase from $2.0 million in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p><h4>Gross Profit/Loss</h4><p>Expion360 Inc. reported a gross loss of - $0.3 million in the fourth quarter of 2025, compared to a gross profit of $0.4 million in the fourth quarter of 2024, due to inventory adjustments.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span> Without the adjustment, gross profit for Q4 2025 would have been $0.6 million, representing 26% of net sales.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p><h4>Selling, General, and Administrative Expenses</h4><p>Selling, general, and administrative expenses in the fourth quarter of 2025 increased by 201% to $4.9 million from $1.6 million in Q4 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p><h4>Net Loss</h4><p>Net loss in the fourth quarter of 2025 totaled - $4.4 million, compared to - $0.3 million in the fourth quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p><h3>Operational Highlights</h3><p>Joseph Hammer was appointed as Chief Executive Officer and Chairman of the Board of Directors.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span> Expion360 Inc. entered into a strategic partnership to launch the DASGen Hybrid Energy Storage System, marking its entry into the industrial market.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p><h3>Outlook / Guidance</h3><p>Expion360 Inc. anticipates the commercial availability of three new next-generation battery models in the second half of 2026, which are expected to offer higher capacity, improved performance, and lower costs.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span> The company plans to expand its portfolio with higher-density lithium-ion and LiFePO4 chemistries, modular platforms, and enhanced battery management systems.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span> Additionally, Expion360 Inc. is exploring new opportunities in the industrial and construction sectors and aims to increase OEM market penetration.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1894954/000190359626000074/ex99_1.htm"></span></p>

Expion360 | 8-K: FY2025 Revenue: USD 9.652 M