Expion360 Inc. 8K

Expion360 Inc. reported Q2 2026 results showing lower sales but higher margins, expanded its Forest River OEM relationship, executed a 1-for-12 reverse stock split, and regained compliance with Nasdaq listing requirements.

On August 7, 2026, Expion360 Inc. reported its financial and operational results for the quarter and six months ended June 30, 2026, highlighting a 32% year-over-year decline in Q2 net sales to $2.0 million but a gross margin expansion to 32.4% from 20.8% due to discontinuation of low-margin accessory resales and improved product mix, with Q2 net loss modestly improving to $1.3 million. The company emphasized cash and cash equivalents of $1.5 million, increased operating cash burn to $2.6 million in the first half of 2026, and stockholders’ equity of $4.8 million. Operationally, Expion360 expanded its OEM supply relationship with Forest River, Inc., securing selection of its UL 1973-certified lithium-ion battery systems for two additional motorized RV brands (Georgetown and Dynamax Grand Sport), and confirmed plans to launch a next-generation lithium battery incorporating internal heating, Bluetooth connectivity, and CANBus communication in the second half of 2026 to further support margin expansion. Subsequent to quarter-end, the company effected a 1-for-12 reverse stock split on July 21, 2026, with a proportionate reduction in authorized common shares, which enabled Expion360 to regain compliance with Nasdaq’s minimum bid price and listing requirements as of August 4, 2026; it also announced COO and CFO leadership transitions while focusing on converting expanded OEM relationships into revenue growth and maintaining disciplined capital and operating expense management.

Filing Facts

CIK

1894954

Ticker

-

Form

8K

Source Type

sec

Accession

0001903596-26-000297

Alert Tier

7