Expion360 Reports Improved Sales Amid Ongoing Challenges
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Expion360, Inc. reported improved Q3 sales of $2.39 million, up from $1.39 million last year, driven by demand for its lithium batteries. Despite a net income of $0.7 million for the quarter, the company faced a net loss of $1.8 million for the nine months ending September 30, 2025. Cash reserves increased to $4.29 million, enhancing liquidity. Management remains cautious, focusing on revenue growth, expense management, and capital acquisition to address challenges like pricing pressures and supply chain dependencies.
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