REED'S, INC. (REED) Form 10-Q — May 13, 2026
Reed’s, Inc. reported a net loss of $6,464 for the three months ended March 31, 2026, a significant increase from the net loss of $2,031 in the prior year. This was primarily driven by lower gross profit and higher operating expenses. Net sales decreased by 29% to $7,142 in the first quarter of 2026, compared to $10,029 in the prior year.
Key figures
- Eps Beat
- 0
- Revenue
- 7142
- Total Debt
- 15994
- Debt Amount
- 9250
- Revenue Yoy
- -29
- Total Assets
- 18686
- Cash Position
- 4580
- Deal Value Usd
- 0
- Interest Rate
- 8
- Maturity Date
- September 30, 2026
- Gross Proceeds
- 0
- Offering Price
- 0
- Shares Offered
- 0
- Shares Outstanding
- 11820429
- Gross billing
- 8514
- Cases sold reeds
- 320
- Total cases sold
- 435
- Cases sold virgils
- 115
- Cost of goods sold
- 6445
- Cost of discontinued inventory
- 738
- Delivery and handling expenses
- 1120
- Selling and marketing expenses
- 1747
- Average cost goods sold per case
- 14.82
- Promotional and other allowances
- 1372
- General and administrative expenses
- 4045
- Average cost shipping handling per case
- 2.57
Price after filing
1 day: +1.7%7 days: -5.6%30 days: -5.0%
Close on the filing date to close N calendar days later (from $1.79). Historical, not a forecast.
AI analysis
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