Expion360 Inc. designs, assembles, manufactures, and sells lithium iron phosphate batteries and supporting accessories under the VPR 4EVER name for recreational vehicles, marine, golf, industrial, residential, and off-the-grid applications. It also provides various models of industrial tiedowns; battery monitors; terminal blocks; and bus bars. The company also engages in the development of e360 Home Energy Storage systems. It serves dealers, wholesalers, and original equipment manufacturers in the United States and internationally. The company was formerly known as Yozamp Products Company, LLC and changed its name to Expion360 Inc. in November 2021. Expion360 Inc. was founded in 2016 and is headquartered in Redmond, Oregon.
IPO Year: 2022
Exchange: NASDAQ
Website: https://www.expion360.com
Q1 2025 Revenue Growth of 111% Driven by New Products and Technologies 5th Consecutive Quarter of Robust Revenue Growth Began Shipping e360 Home Energy Storage Solutions REDMOND, Ore., May 15, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (NASDAQ:XPON) ("Expion360" or the "Company"), an industry leader in lithium-ion battery power storage, today reported its financial and operational results for the first quarter ended March 31, 2025. First Quarter 2025 & Subsequent Financial & Operational Highlights Q1 2025 revenue totaled $2.0 million, up 111% from Q1 2024, and 3% sequentially from Q4 2024.5th consecutive quarter of sequential revenue growth.Began fulfilling purchase orders for our e360 H
REDMOND, Ore., May 01, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (NASDAQ:XPON) (the "Company"), an industry leader in lithium-ion battery power storage, will hold a conference call on Thursday, May 15, 2025, at 4:30 p.m. Eastern Time to discuss its financial results for the first quarter ended March 31, 2025, and review ongoing initiatives and anticipated 2025 milestones. A press release detailing these results will be issued prior to the call. Expion360 Chief Executive Officer Brian Schaffner will host the conference call, followed by a question-and-answer period. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investo
Q4 Sequential Revenue Growth of 43% Driven by New Products and Technologies, and 131% Year over Year New OEM and Distributor Relationships to Equip New Campers and RVs with Advanced Lithium-Ion Batteries Began Shipping e360 Home Energy Storage Solutions REDMOND, Ore., March 31, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (NASDAQ:XPON) ("Expion360" or the "Company"), an industry leader in lithium-ion battery power storage solutions, today reported its financial and operational results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 & Subsequent Financial & Operational Highlights Q4 2024 revenue totaled $2.0 million, up 131% from Q4 2023, and 43% sequential
REDMOND, Ore., March 18, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (NASDAQ:XPON) (the "Company"), an industry leader in lithium-ion battery power storage, will hold a conference call on Monday, March 31, 2025, at 4:30 p.m. Eastern Time to discuss its financial results for the fourth quarter and full year ended December 31, 2024, and review ongoing initiatives and anticipated 2025 milestones. A press release detailing these results will be issued prior to the call. Expion360 Chief Executive Officer Brian Schaffner will host the conference call, followed by a question-and-answer period. The conference call will be accompanied by a presentation, which can be viewed during the webcast or acce
REDMOND, Ore., Jan. 03, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (NASDAQ:XPON) (the "Company"), an industry leader in lithium-ion battery power storage solutions, today announced the closing of its previously announced registered direct offering and concurrent private placement with institutional investors. The Company issued shares of Common Stock and pre-funded warrants ("Pre-Funded Warrants") in a registered direct offering. In a concurrent private placement, the Company also issued to the same investors warrants to purchase Common Stock (the "Warrants"). Aggregate gross proceeds to the Company from both transactions were approximately $2.6 million. The transactions closed on January 3,
REDMOND, Ore., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (NASDAQ:XPON) (the "Company"), an industry leader in lithium-ion battery power storage solutions, today announced that it has entered into definitive agreements with institutional investors for the purchase and sale of shares of its common stock, par value $0.001 per share ("Common Stock") and pre-funded warrants to purchase Common Stock (each, a "Pre-Funded Warrant") in a registered direct offering. In a concurrent private placement, the Company also agreed to sell to the same investors warrants to purchase Common Stock (the "Warrants"). Aggregate gross proceeds to the Company from both transactions are expected to be approxi
Q4 2024 Revenue in the Range of $1.8 to $2.0 Million REDMOND, Ore., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (NASDAQ:XPON) ("Expion360" or the "Company"), an industry leader in lithium-ion battery power storage solutions, today announced select preliminary, unaudited financial results for the fourth quarter ended December 31, 2024. Key Financial Highlights for the Fourth Quarter of 2024 Preliminary, unaudited revenue for Q4 2024 in the range of approximately $1.8 to $2.0 million, up sequentially from $1.4 million in Q3 2024.Preliminary, unaudited gross profit for Q4 2024 is expected to be in the range of approximately $350,000 to $450,000, compared to gross profit of $205,000 in
REDMOND, Ore., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (NASDAQ:XPON) ("Expion360" or the "Company"), an industry leader in lithium-ion battery power storage solutions, announced today that it has begun distribution of its e360 Home Energy Storage Solutions ("HESS"). The Company is beginning to fulfill purchase orders for its HESS to Wellspring Solar ("Wellspring"), a division of Wellspring Components, which has served as a key partner to Expion360 in connection with the HESS pilot program and testing and provided expertise regarding HESS system development. A Media Snippet accompanying this announcement is available by clicking on this link. The LiFePO4 battery HESS enables re
REDMOND, Ore., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Expion360 Inc. (NASDAQ:XPON) ("Expion360" or the "Company"), an industry leader in lithium-ion battery power storage solutions, announced today the resignation of Greg Aydelott, Chief Financial Officer of the Company, effective December 31, 2024, due to family health concerns. Mr. Aydelott intends to remain available to the Company on an ongoing basis as a consultant to ensure a smooth transition. The Company's Board of Directors has appointed the Company's Chief Executive Officer, Brian Schaffner, as interim Chief Financial Officer, and Principal Financial and Accounting Officer, effective December 31, 2024, and is conducting a search proc
SAN DIEGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ:NEOV) ("NeoVolta"), a leading innovator in energy storage solutions, is excited to announce the execution of a non-binding letter of intent ("LOI") with Expion360 Inc. (NASDAQ:XPON) ("Expion360"), a renowned expert in battery design and engineering, and an industry leader in lithium-ion battery power storage solutions. The LOI provides the framework for a potential collaboration that aims to leverage the parties' shared resources to engineer a state-of-the-art battery manufacturing facility and develop innovative lithium-ion battery cell and module product designs, marking a significant milestone in the production of Ameri
SAN DIEGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ:NEOV) ("NeoVolta"), a leading innovator in energy storage solutions, is excited to announce the execution of a non-binding letter of intent ("LOI") with Expion360 Inc. (NASDAQ:XPON) ("Expion360"), a renowned expert in battery design and engineering, and an industry leader in lithium-ion battery power storage solutions. The LOI provides the framework for a potential collaboration that aims to leverage the parties' shared resources to engineer a state-of-the-art battery manufacturing facility and develop innovative lithium-ion battery cell and module product designs, marking a significant milestone in the production of Ameri
New Organizational Structure Builds on Co-Founder's Success and Positions Company for Next Phase of Growth CycleREDMOND, OR / ACCESSWIRE / December 28, 2023 / Expion360 Inc. (NASDAQ:XPON) ("Expion360" or the "Company"), an industry leader in lithium-ion battery power storage solutions, today announced that its Chief Business Development Officer, Co-Founder, and former Chief Executive Officer, John Yozamp, will retire from his current role and transition to a new role as an independent sales representative for the Company on January 1, 2024, following a series of internal changes to management and the Board of Directors implemented this year.In January 2023, Brian Schaffner was appointed Chie
REDMOND, OR / ACCESSWIRE / November 9, 2023 / Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium-ion battery power storage solutions, reported results for the three months ended September 30, 2023. All third quarter 2023 comparisons are to the same year-ago period unless otherwise noted.Q3 2023 Financial HighlightsRevenues totaled $1.9 million, up 10% sequentially and up 37% from the same year-ago period.Gross profit increased 17% to $473,000.Net loss totaled $1.8 million compared to a loss of $1.3 million in the same year-ago quarter as the company continued to invest in new product development and launches.Q3 2023 Operational HighlightsExpanded sales and distribution partnership
REDMOND, OR / ACCESSWIRE / August 24, 2023 / Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium-ion battery power storage solutions, has appointed tech industry veteran, innovator and business leader, Tien Q. Nguyen, to its board of directors.Nguyen brings to Expion360 more than 30 years of entrepreneurial and senior-level experience in driving innovation in electrical technology, including product financing, engineering, development, and commercialization.He has founded and served as CEO, chairman and director for companies across a range of industries, from energy storage and wireless semiconductors to AI software, including a number of successful exits. This includes co-founding
REDMOND, OR / ACCESSWIRE / May 19, 2022 / Expion360, Inc. (NASDAQ:XPON), which is focused on the design, assembly, manufacturing and sales of lithium-ion phosphate batteries and supporting accessories for recreational vehicles and marine applications, has promoted Greg Aydelott to chief accounting officer. In this new position, he will oversee the company's day-to-day accounting operations, together with the CFO, and support financial reporting.Aydelott has served as the company's controller since February and brings to the CAO position more than two decades of experience in financial management and operations, including experience in the areas of accounting, budgeting, business development
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