Expion360 Inc.

Expion360 Inc. announced its participation as a Title Sponsor at Overland Expo PNW 2026, scheduled for June 26-28 in Redmond, Oregon. The company will be at booth FG18, showcasing an exciting lineup of customer and brand ambassador rigs powered by its lithium-ion battery solutions. Featured builds include a Ford F350, Dodge 2500 Power Wagon, a vintage Toyota Land Cruiser FJ40, and a Forest River Palomino Pause Travel Trailer, demonstrating the versatility and performance of Expion360 batteries in demanding off-road environments.

Expion360 Inc. announced the expansion of its partnership with Forest River, Inc., a major RV manufacturer. Expion360's lithium batteries will now be integrated into Forest River's Georgetown and Dynamax Grand Sport motorized brands, building on an established relationship with Dynamax and East to West product lines. This expansion validates Expion360's OEM strategy and its commitment to UL1973 certified safety and proprietary thermal management technology, underscoring Forest River's confidence in Expion360's high-performance and reliable battery solutions.

Expion360 Inc. reported a widened net loss of $1.76 million for Q1 2026, compared to $1.15 million in Q1 2025, on decreased net sales of $1.57 million. The company continues to face substantial doubt about its ability to continue as a going concern due to recurring losses and negative cash flows from operations. Management is actively working to address these challenges through capital raising and operational adjustments.

Expion360 reported a 24% decrease in Q1 2026 net sales to $1.6 million and a net loss of $1.8 million, compared to a $1.2 million net loss in the prior year. Gross profit also declined by 21% to $0.4 million. The company attributed the sales decline to discontinuing low-margin accessories and elevated OEM customer inventory, which is expected to normalize in Q2 2026. Expion360 also announced a strategic partnership for the DASGen Hybrid Energy Storage System, marking its entry into the industrial market, and plans to launch three new battery models in H2 2026.

Expion360 reported a 24% decrease in net sales to $1.6 million and a 21% decrease in gross profit to $0.4 million for Q1 2026, resulting in a net loss of $1.8 million. The company attributed the sales decline to discontinuing low-margin accessories and elevated OEM customer inventory. Despite the financial downturn, Expion360 announced a strategic partnership for the DASGen Hybrid Energy Storage System, marking its entry into the industrial market, and plans to launch three next-generation battery models in H2 2026.

Expion360 Inc. filed an Amendment No. 1 to its Form 10-K to include Part III information, which was previously omitted. This amendment details executive compensation for 2025 and formalizes management changes, including the appointments of Joseph Hammer as CEO and Chairman, Shawna Bowin as CFO, and Carson Heagen as COO. It also discloses severance payments to former executives Brian Schaffner and Paul Shoun, along with their total 2025 compensation.