XPON: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, XPON has $10,689,001 in assets. $1,676,936 in debts. $4,293,797 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	4,293,797	684,920
Accounts receivable, net	567,991	715,724
Inventory	3,631,659	5,138,263
Prepaid/in-transit inventory	581,837	485,507
Prepaid expenses and other current assets	485,452	350,848
Total current assets	9,560,736	7,375,262
Property and equipment	807,082	807,082
Accumulated depreciation	453,857	427,459
Property and equipment, net	353,225	379,623
Operating leases right-of-use assets	743,024	818,188
Deposits	32,016	32,016
Total other assets	775,040	850,204
Total assets	10,689,001	8,605,089

Accounts payable	522,794	675,351
Customer deposits	6,516	48,693
Accrued expenses and other current liabilities	154,426	250,390
Suspended liability	-	4,485,948
Current portion of operating lease liability	327,683	318,335
Current portion of long-term debt	30,553	30,772
Total current liabilities	1,041,972	5,809,489
Long-term debt, net of current portion and discount	175,022	182,842
Operating lease liability, net of current portion	459,942	545,535
Total liabilities	1,676,936	6,537,866
Common stock, par value 0.001 per share 200,000,000 shares authorized 8,643,662 and 2,096,082 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively	8,644	3,374
Additional paid-in capital	45,376,727	39,159,947
Accumulated deficit	-36,373,306	-37,096,098
Total stockholders equity	9,012,065	2,067,223
Total liabilities and stockholders equity	10,689,001	8,605,089

Unit: Dollar