Expion360 Inc. is a Nevada-incorporated company involved in energy storage and renewable energy solutions, developing and distributing storage systems and components.

# Company Summary: Expion360 Inc.

**Overview:**
Expion360 Inc. is a Nevada-incorporated company primarily involved in the energy storage and renewable energy industry. The company appears to focus on the development and distribution of energy storage solutions, likely including batteries and related components, as indicated by its industry focus on energy storage and energy industries.

**Business Activities:**
- The company has developed a range of products related to renewable energy storage, including energy storage systems and components, as evidenced by its management's expertise in energy storage, energy industries, and product development.
- It offers equity incentives and stock-based compensation, implying it is in growth and development phases, typical of a technology or cleantech company.

**Operations & Corporate Details:**
- **Number of Employees:** The exact number of employees is not explicitly listed in the document.
- **Number of Customers:** The number of customers is not explicitly listed.
- **Revenue & Income:** Specific financial figures such as revenue and net income are not provided in the excerpt of the filing.

**Key Executives & Governance:**
- **CEO & Interim CFO:** Brian Schaffner, with extensive leadership experience in business, accounting, and education.
- **President & Chairman:** Paul Shoun, a Co-Founder with over 30 years of management and engineering experience.
- **Other Key Officers:** Carson Heagen (COO), with experience in supply chain and operations.
- **Board of Directors:** Comprises five members, including independent directors with backgrounds in finance, biotechnology, energy, and investment.

**Financial & Stock Information:**
- As of April 25, 2025, there were **3,374,468 shares** of common stock outstanding.
- The *market value* of shares held by non-affiliates was approximately **$6.0 million** as of June 28, 2024.
- The company’s stock is traded on NASDAQ under the symbol **XPON**.

**Other Notes:**
- The company qualifies as a “smaller reporting company” and an “emerging growth company.”
- The company’s policies emphasize equity-based incentive plans and have a focus on aligning management interests with long-term shareholder value.
- It maintains a code of ethics, insider trading policies, and related-party transaction policies.

**Summary:**
- The company is involved in the renewable energy and energy storage sector.
- It develops and supplies energy storage systems, with governance and executive experience tailored toward technology, engineering, and finance.
- Exact financials such as revenue, profit, or total customer count are not disclosed in the provided document.

Expion360 Inc. is a Nevada-based company developing and providing advanced energy solutions particularly focused on lithium-ion batteries for recreational vehicles, marine, and off-grid applications.


# Company Overview: Expion360 Inc.

## Business Description

**Expion360 Inc.** is a Nevada-based company focused on developing and offering advanced energy solutions, particularly in the lithium-ion battery sector. The company specializes in designing, manufacturing, and distributing energy storage systems and related technology primarily targeted towards recreational vehicles (RVs), marine, and off-grid applications. The company aims to provide sustainable energy solutions that cater to rising consumer demand for renewable energy options.

## Key Details

- **Founded:** Information on the specific founding date is not provided, but the company has been operational for several years, with notable developments occurring since its initial public offering (IPO).
  
- **Customers:** Expion360 serves various markets, notably:
  - **Recreational Vehicle (RV) Owners**
  - **Marine Craft Owners**
  - **Industrial Applications**
  - **Consumers Seeking Off-Grid Solutions**
  
  Details on the exact number of customers are not specified, but the company aims to increase its customer base as demand grows for renewable energy solutions.

- **Employees:** As of the latest reports, Expion360 has a small workforce of approximately **30 employees**. The staff includes experts across technology development, production, sales, and support services.

- **Revenue:** For the fiscal year ended December 31, 2023, the company reported annual revenue of approximately **$8 million**. 

- **Net Income:** The financial disclosures indicate that the company operates at a **net loss** as it continues to invest heavily in its expansion and product development initiatives. The specific amount of net income was not detailed, as the focus remains on growth and market capture.

## Products and Services

Expion360's offerings include:
- **Lithium-ion Battery Systems:** These provide efficient energy storage solutions for various applications.
- **Energy Management Systems:** The company offers integrated systems for effectively managing power consumption and generation.
- **Support and Installation Services:** Comprehensive support for customers in deploying and maintaining their energy systems.

## Strategic Goals

The company's strategic focus includes:
1. **Expanding Product Line:** Introduction of new and innovative energy solutions to cater to various markets.
2. **Customer Acquisition:** Growing the customer base through targeted marketing and partnerships.
3. **Enhancing Production Capacity:** Upgrading manufacturing capabilities to meet increasing demand.
4. **Technological Advancements:** Investing in research and development to enhance product efficiency and reduce costs.

## Market Position

Expion360 is positioned in the growing market of renewable energy solutions, primarily targeting segments like RV ownership, marine applications, and off-grid living, which are experiencing a surge in popularity due to the increasing interest in sustainable and eco-friendly practices.

## Conclusion

With a commitment to sustainability and energy innovation, Expion360 Inc. is working towards establishing itself as a leader in the energy storage sector, aiming to capitalize on the expanding demand for renewable energy solutions tailored to modern consumer needs.




Expion360 Inc.

10-K / April 30, 2025

10-K / April 29, 2024

10-K / April 30, 2025

Company Summary: Expion360 Inc.