Financial Performance & Growth - Expion360 achieved its 6th consecutive quarter of revenue increases, marking two of its most successful sales months[20] - Second Quarter 2025 revenue reached $3 million, compared to $1.3 million in the same period of 2024[47] - For the first six months of 2025, revenue totaled $5 million, up from $2.2 million in the first six months of 2024[47] - Gross profit for the second quarter of 2025 was $0.6 million, compared to $0.3 million in 2024[47] - Gross profit for the first six months of 2025 was $1.1 million, compared to $0.5 million in 2024[47] - The company's cash and cash equivalents stood at $0.7 million as of June 30, 2025, compared to $0.5 million at the end of 2024[47] Strategic Initiatives & Market Expansion - Expion360 commenced shipping e360 Home Energy Storage Solutions (HESS) in January 2025, targeting home and small commercial solar users[26,48] - The company is actively working towards additional OEM market penetration with new major partners[20,48] - Expion360 is diversifying its supply chain and exploring potential sourcing from additional countries to mitigate tariff impacts[20,48] Product Development & Technology - The e360 12 volt 450 Ah battery features a new proprietary anode/cathode design that increases energy density by >32% to reach 4.5 Ah vs traditional 3.4 Ah 26650 cells[29] - Vertical Heat Conduction ("VHC ") internal heating technology is now included in the next generation Group 27 and GC2 12V series batteries[39]

Financial Performance & Highlights - Expion360's revenue increased to $2 million in Q1 2025, compared to $1 million in Q1 2024[47] - Gross profit increased to $05 million in Q1 2025, compared to $02 million in Q1 2024[47] - Gross margin increased to 245% in Q1 2025, compared to 229% in Q1 2024[47] - Net loss decreased to $(12) million in Q1 2025, compared to $(22) million in Q1 2024[47] - The company closed a $26 million registered direct offering in January 2025[20, 47] Strategic Initiatives & Market Positioning - Began fulfilling purchase orders for Home Energy Storage Solutions ("HESS") in January 2025[20, 26] - Exploring a potential collaboration with NeoVolta Inc to engineer a state-of-the-art battery manufacturing facility[20] - RV industry shipments increased 14% in the first quarter of 2025[48] Technology & Product Development - e360 12 volt 450 Ah battery features new proprietary anode/cathode design that increases energy density by >32%[29] - The company has 11 patents pending across its five market segments[23]

Core Insights - Expion360 Inc. reported a sequential revenue growth of 43% in Q4 2024, totaling $2.0 million, which represents a 131% increase year-over-year from Q4 2023 [4][10][8] - The company has strengthened its balance sheet with a $2.6 million registered direct offering and private placement [4][8] - New OEM partnerships, including collaborations with Scout Campers and Alaskan Campers, are expected to drive demand for lithium-ion battery technology [5][9] Financial Highlights - Q4 2024 revenue was $2.0 million, up 131% from $0.9 million in Q4 2023 and 43% sequentially from Q3 2024 [10][8] - Gross profit for Q4 2024 was $438,552, representing 22.1% of revenue, compared to 23.9% in the prior year [11] - The net loss for Q4 2024 was $251,647, an 88% improvement from a net loss of $2.2 million in Q4 2023 [12] Yearly Performance - For the full year 2024, revenue totaled $5.6 million, a decrease of 6.0% from $6.0 million in 2023, primarily due to a downturn in the RV market [13] - Gross profit for the full year was $1.2 million, with a gross margin of 20.5%, down from 26.3% in the previous year [14] - The net loss for 2024 was $13.5 million, compared to a net loss of $7.5 million in 2023, largely due to increased expenses related to suspended liabilities and interest [16] Operational Developments - The company began shipping its Home Energy Storage Solutions (HESS) in January 2025, anticipating growth in the battery energy storage market [7][8] - Expion360 is exploring a collaboration with NeoVolta to develop a state-of-the-art battery manufacturing facility [6][9] - The company expects new OEM partnerships to generate approximately $5.0 million in incremental revenue for fiscal year 2025 [9]