The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Amortization of convertible note costs | 0 | 0 |
| Stock-based settlement | 0 | 0 |
| Decrease in right-of-use assets and lease liabilities | 0 | - |
| Increase in derivative liability | 0 | - |
| Net loss | 722,792 | -2,520,858 |
| Depreciation | 26,398 | 65,244 |
| Loss on sale of property and equipment | 0 | -13,353 |
| Stock-based compensation | 267,887 | 183,950 |
| Issuance of common stock in exchange for services | 242,000 | 106,250 |
| Non-cash expense in exchange for asset disposal | 0 | 21,420 |
| Decrease in suspended liability | 4,485,948 | - |
| (increase) / decrease in accounts receivable | -147,733 | 102,702 |
| Decrease in inventory | -1,506,604 | 306,802 |
| (increase) / decrease in prepaid/in-transit inventory | 96,330 | -1,127,179 |
| Increase in prepaid expenses and other current assets | 134,604 | 114,387 |
| (increase) / decrease in deposits | 0 | -4,545 |
| Increase in accounts payable | -152,557 | 337,260 |
| Increase / (decrease) in customer deposits | -42,177 | 219 |
| Increase / (decrease) in accrued expenses and other current liabilities | -95,964 | 62,926 |
| Increase in right-of-use assets and lease liabilities | -1,081 | 1,597 |
| Decrease in suspended liability | 0 | 500,000 |
| Net cash used in operating activities | -2,095,247 | -1,629,896 |
| Purchases of property and equipment | 0 | 0 |
| Net proceeds from sale of property and equipment | 0 | -4,250 |
| Net cash provided by investing activities | 0 | 4,250 |
| Principal payments on convertible note | 0 | 0 |
| Principal payments on stockholder promissory notes | 0 | 0 |
| Principal payments on long-term debt | 8,039 | 16,556 |
| Net proceeds from exercise of warrants | -5,712,163 | 0 |
| Net proceeds from issuance of common stock | 0 | 1,779,557 |
| Net cash provided by financing activities | 5,704,124 | 1,763,001 |
| Net change in cash and cash equivalents | 3,608,877 | 137,355 |
| Cash and cash equivalents at beginning of period | 547,565 | - |
| Cash and cash equivalents at end of period | 4,293,797 | - |
Expion360 Inc. (XPON)
Expion360 Inc. (XPON)