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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., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Expion360 Inc. (NASDAQ:XPON) ("Expion360" or the "Company"), an industry leader in lithium-ion battery power storage solutions, will hold a conference call on Wednesday, August 14, 2024 at 4:30 p.m. Eastern Time to discuss its financial results for the second quarter ended June 30, 2024 and review ongoing initiatives and anticipated 2024 milestones. A press release detailing these results will be issued prior to the call. Brian Schaffner, Chief Executive Officer, and Greg Aydelott, Chief Financial Officer, of Expion360 will host the conference call, followed by a question-and-answer period. The conference call will be accompanied by a prese
Positioned for Increased Market Share & Revenue Growth with New Products and Technologies Substantial Preorders of Next Generation Group 27 and GC2 Batteries that Now Include Proprietary Vertical Heat Conduction™ Internal Heating Technology 2024 Anticipated Milestones Include: New Strategic Partnerships, OEM Expansion and Disruptive Product Launches Across Multiple Market Segments REDMOND, Ore., May 14, 2024 (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 first quarter ended March 31, 2024. First Quarter & Subsequent 2024 Finan
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
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
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