The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Amortization of convertible note costs | - | 0 | 0 | 0 |
| Stock-based settlement | - | 0 | 0 | 0 |
| Decrease in right-of-use assets and lease liabilities | - | 0 | 0 | - |
| Increase in derivative liability | - | - | 0 | - |
| Loss on sale of property and equipment | - | 0 | 0 | -13,353 |
| Net loss | -1,762,168 | -4,437,121 | 722,792 | -2,520,858 |
| Decrease in suspended liability | - | 0 | 0 | 500,000 |
| Depreciation | 24,913 | 25,003 | 26,398 | 65,244 |
| Stock-based compensation | 53,190 | 711,817 | 267,887 | 183,950 |
| Issuance of common stock in exchange for services | - | 141,250 | 242,000 | 106,250 |
| Non-cash expense in exchange for asset disposal | - | 0 | 0 | 21,420 |
| (increase) / decrease in inventory valuation | - | 903,717 | - | - |
| Valuation of inventory | -74,443 | - | - | - |
| Increase / (decrease) in suspended liability | - | 0 | 4,485,948 | - |
| Allowance for doubtful accounts | 7,626 | - | - | - |
| Accounts receivable | -94,890 | 150,973 | -147,733 | 102,702 |
| Inventory | -499,642 | 130,838 | -1,506,604 | 306,802 |
| Prepaid/in-transit inventory | -144,078 | -263,397 | 96,330 | -1,127,179 |
| Prepaid expenses and other current assets | 146,708 | -305,807 | 134,604 | 114,387 |
| (increase) / decrease in deposits | - | 0 | 0 | -4,545 |
| Accounts payable | 15,807 | -119,002 | -152,557 | 337,260 |
| Customer deposits | -1,936 | -3,538 | -42,177 | 219 |
| Accrued expenses and other current liabilities | 19,585 | 67,437 | -95,964 | 62,926 |
| Right-of-use assets and lease liabilities | -2,284 | -1,076 | -1,081 | 1,597 |
| Net cash used in operating activities | -1,127,808 | -2,424,120 | -2,095,247 | -1,629,896 |
| Purchases of property and equipment | - | 0 | 0 | 0 |
| Net proceeds from sale of property and equipment | - | 0 | 0 | -4,250 |
| Net cash provided by investing activities | - | 0 | 0 | 4,250 |
| Principal payments on convertible note | - | 0 | 0 | 0 |
| Net proceeds from exercise of warrants | - | -13,121 | -5,712,163 | 0 |
| Principal payments on stockholder promissory notes | - | 0 | 0 | 0 |
| Principal payments on long-term debt | 7,567 | 8,330 | 8,039 | 16,556 |
| Net proceeds from issuance of common stock | 1,222,817 | 1,094,628 | 0 | 1,779,557 |
| Net cash provided by financing activities | 1,215,250 | 1,099,419 | 5,704,124 | 1,763,001 |
| Net change in cash and cash equivalents | 87,442 | -1,324,701 | 3,608,877 | 137,355 |
| Cash and cash equivalents, beginning | 2,969,096 | -3,746,232 | 547,565 | - |
| Cash and cash equivalents, ending | 3,056,538 | -1,324,701 | 4,293,797 | - |
Expion360 Inc. (XPON)
Expion360 Inc. (XPON)