REEDD Financials
Newest figures come from the 10-Q for Q1 FY2026, filed May 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the REEDD SEC filings page.
REEDD (REEDD) reported $34.1M in revenue for fiscal year 2025, down 10.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Persistent operating losses, margin compression, and external financing dependence define REEDD’s capital-dependent business model.
In FY2025, gross margin fell to20.4% while operating margin sank to-44.5% , showing that weaker sales were compounded by a cost structure that absorbed less gross profit. Operating cash flow of-$17.0M nearly matched net loss, while financing cash flow of$17.3M effectively replaced internally generated cash.
Equity turned positive at
Margin compression coincided with SG&A reaching
Financial Health Signals
REEDD does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
REEDD passes 1 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
REEDD reported a net loss of $15.8M while operations used $17.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
REEDD reported an operating loss of $15.1M against $1.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
REEDD generated $7.1M in revenue in Q1 2026. This represents a decrease of 28.8% from the same quarter a year earlier. Against the prior quarter it is down 4.5%.
REEDD's EBITDA was -$6.2M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 263.6% from the same quarter a year earlier.
REEDD reported -$6.5M in net income in Q1 2026. This represents a decrease of 218.3% from the same quarter a year earlier. Against the prior quarter it is down 71.0%.
Cash & Balance Sheet
REEDD held $4.6M in cash as of Q1 2026; long-term debt is not reported for that period.
Not reported for Q1 2026.
Not reported for Q1 2026.
Margins & Returns
REEDD's gross margin was 9.8% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is down 24.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 10.7 percentage points.
REEDD's operating margin was -87.0% in Q1 2026, reflecting core business profitability. This is down 69.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 40.1 percentage points.
REEDD's net profit margin was -90.5% in Q1 2026, showing the share of revenue converted to profit. This is down 70.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 40.0 percentage points.
REEDD's ROE was -240.1% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is down 196.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 198.8 percentage points.
Capital Allocation
None of these metrics is reported for Q1 2026.
REEDD Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.1M-28.8% | $7.5M-23.1% | $7.0M+4.2% | $9.5M-19.8% | $10.0M+4.5% | $9.7M-16.8% | $6.8M-43.0% | $11.9M+18.7% |
| Cost of Revenue | $5.7M-12.5% | $5.8M-11.9% | $5.7M+2.9% | $7.1M-11.6% | $6.5M+5.6% | $6.5M-19.3% | $5.5M-29.2% | $8.0M+7.3% |
| Gross Profit | $697K-79.5% | $1.5M-47.6% | $1.2M+0.7% | $807K-78.9% | $3.4M-0.3% | $2.9M+518.0% | $1.2M-69.9% | $3.8M+52.7% |
| SG&A Expenses | $4.0M+100.7% | $2.7M-31.2% | $2.9M+59.7% | $3.8M+89.7% | $2.0M+37.3% | $3.9M+128.9% | $1.8M+27.3% | $2.0M+51.0% |
| Operating Income | -$6.2M-256.8% | -$3.5M+4.1% | -$4.1M-30.8% | -$5.8M-765.9% | -$1.7M-168.0% | -$3.7M+26.1% | -$3.1M-2094.4% | -$669K+61.7% |
| EBITDA | -$6.2M-263.6% | N/A | N/A | N/A | -$1.7M-173.9% | N/A | N/A | N/A |
| Interest Expense | $204K-29.4% | $244K-73.0% | $274K-88.6% | $301K-73.8% | $289K-71.7% | $903K-45.2% | $2.4M+86.0% | $1.1M-17.1% |
| Net Income | -$6.5M-218.3% | -$3.8M+8.2% | -$4.0M+4.0% | -$6.0M-88.3% | -$2.0M-21.4% | -$4.1M+37.6% | -$4.2M-189.0% | -$3.2M-2.5% |
| EPS (Basic) | -$0.55-103.7% | N/A | -$0.48+90.2% | -$0.13+83.1% | -$0.27+32.5% | N/A | -$4.91-1344.1% | -$0.77+22.2% |
| EPS (Diluted) | -$0.55 | N/A | -$0.48 | -$0.13 | -$0.27 | N/A | -$4.91 | -$0.77+22.2% |
| Diluted Shares (Avg) | 12M | N/A | 8M | 46M | 8M | N/A | 844,402 | 4M+31.7% |
Not reported in any period shown, so not listed: R&D Expenses, Income Tax.
REEDD Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $18.7M-23.8% | $23.3M-7.2% | $19.9M+32.5% | $23.7M+26.5% | $24.5M+27.4% | $25.1M+33.1% | $15.0M-39.1% | $18.7M-9.4% |
| Current Assets | $16.8M-25.7% | $21.5M-7.9% | $18.1M+28.5% | $21.9M+23.5% | $22.7M+24.7% | $23.3M+31.2% | $14.1M-40.2% | $17.7M-9.2% |
| Cash & Equivalents | $4.6M-5.8% | $10.4M+0.3% | $4.1M+1251.6% | $2.7M+721.2% | $4.9M+1448.4% | $10.4M+1623.2% | $306K-69.5% | $326K-27.1% |
| Inventory | $8.0M-34.7% | $8.0M-0.8% | $10.6M+14.2% | $13.2M+28.9% | $12.3M+2.6% | $8.1M-28.2% | $9.3M-42.1% | $10.2M-25.3% |
| Accounts Receivable | $2.9M-32.7% | $2.3M-41.8% | $2.4M-12.1% | $5.0M-5.6% | $4.3M+33.2% | $4.0M+11.4% | $2.8M-47.4% | $5.3M+41.9% |
| Total Liabilities | $16.0M-19.4% | $14.2M-23.3% | $17.2M-53.6% | $22.0M-48.4% | $19.9M-50.3% | $18.5M-51.4% | $37.0M-1.2% | $42.6M+32.4% |
| Current Liabilities | $15.2M-20.1% | $13.4M-24.2% | $16.4M-55.8% | $21.2M-43.0% | $19.0M-24.0% | $17.7M-35.1% | $37.0M+33.6% | $37.1M+60.5% |
| Non-Current Liabilities | $799K-3.4% | $803K-4.1% | $805K | $816K-85.1% | $827K-94.5% | $837K-92.3% | $0-100.0% | $5.5M-39.3% |
| Total Equity | $2.7M-42.3% | $9.2M+37.7% | $2.8M+112.6% | $1.7M+107.3% | $4.7M+122.5% | $6.6M+134.7% | -$22.0M-72.0% | -$23.8M-108.1% |
| Retained Earnings | -$174.2M-13.2% | -$167.7M-10.4% | -$163.9M-11.0% | -$160.0M-11.4% | -$153.9M-9.6% | -$151.9M-9.5% | -$147.8M-11.8% | -$143.6M-9.9% |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments, Goodwill, Long-Term Debt.
REEDD Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$5.8M-9.0% | -$3.8M+1.6% | -$2.8M-367.8% | -$5.0M-453.5% | -$5.4M-123.9% | -$3.9M-2026.4% | $1.1M+158.6% | -$912K+73.2% |
| Depreciation & Amortization | $30K-26.8% | N/A | N/A | N/A | $41K+41.4% | N/A | N/A | N/A |
| Stock-Based Compensation | $5K-89.4% | N/A | N/A | N/A | $47K-63.6% | N/A | N/A | N/A |
| Capital Expenditures | N/A | $81K-19.8% | $96K+317.4% | $22K+83.3% | $73K+356.3% | $101K+10000.0% | $23K | $12K |
| Free Cash Flow | N/A | -$3.9M+2.1% | -$2.9M-383.1% | -$5.1M-448.7% | -$5.4M-125.4% | -$4.0M-2069.9% | $1.0M | -$924K |
| Investing Cash Flow | N/A | -$81K+25.7% | -$71K-195.8% | -$27K-68.8% | -$74K-311.1% | -$109K-3533.3% | -$24K+71.4% | -$16K |
| Financing Cash Flow | N/A | $10.2M-27.6% | $4.3M+514.7% | $2.9M+207.4% | -$93K-104.4% | $14.1M+6611.1% | -$1.0M-143.0% | $940K-71.7% |
| Dividends Paid | N/A | N/A | $0 | $5K | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Share Buybacks.
REEDD Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 9.8%-24.2pp | 20.4%-9.5pp | 17.4%-0.6pp | 8.5%-23.8pp | 33.9%-1.7pp | 30.0%+25.9pp | 18.0%-16.0pp | 32.3%+7.2pp |
| Operating Margin | -87.0%-69.7pp | -46.9%-9.3pp | -58.3%-11.9pp | -60.8%-55.2pp | -17.4%-10.6pp | -37.6%+4.7pp | -46.5%-45.3pp | -5.6%+11.8pp |
| Net Margin | -90.5%-70.3pp | -50.5%-8.2pp | -56.6%+4.8pp | -63.5%-36.5pp | -20.3%-2.8pp | -42.3%+14.1pp | -61.5%-49.4pp | -27.1%+4.3pp |
| Return on Equity | -240.1%-196.6pp | -41.3%+20.6pp | -144.4% | -348.6% | -43.5% | -61.9% | N/A | N/A |
| Return on Assets | -34.6%-26.3pp | -16.2%+0.2pp | -20.0%+7.6pp | -25.5%-8.4pp | -8.3%+0.4pp | -16.4%+18.6pp | -27.6%-21.8pp | -17.1%-2.0pp |
| Current Ratio | 1.11-0.1x | 1.60+0.3x | 1.10+0.7x | 1.03+0.6x | 1.19+0.5x | 1.32+0.7x | 0.38-0.5x | 0.48-0.4x |
| Debt-to-Equity | 5.94+1.7x | 1.55-1.2x | 6.23 | 12.66 | 4.26 | 2.78 | N/A | N/A |
| Asset Turnover | 0.380.0x | 0.32-0.1x | 0.35-0.1x | 0.40-0.2x | 0.41-0.1x | 0.39-0.2x | 0.450.0x | 0.63+0.1x |
| FCF Margin | N/A | -52.0%-11.2pp | -41.5%-56.7pp | -53.2%-45.5pp | -54.2%-29.1pp | -40.8%-39.2pp | 15.3% | -7.8% |
Where REEDD Ranks
Frequently Asked Questions
What is REEDD's annual revenue?
REEDD (REEDD) reported $34.1M in total revenue for fiscal year 2025. This represents a -10.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is REEDD's revenue growing?
REEDD (REEDD) revenue declined by 10.2% year-over-year, from $38.0M to $34.1M in fiscal year 2025.
Is REEDD profitable?
No, REEDD (REEDD) reported a net income of -$15.8M in fiscal year 2025, with a net profit margin of -46.5%.
What is REEDD's EBITDA?
REEDD (REEDD) had EBITDA of -$15.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is REEDD's gross margin?
REEDD (REEDD) had a gross margin of 20.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is REEDD's operating margin?
REEDD (REEDD) had an operating margin of -44.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is REEDD's net profit margin?
REEDD (REEDD) had a net profit margin of -46.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is REEDD's return on equity (ROE)?
REEDD (REEDD) has a return on equity of -173.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is REEDD's free cash flow?
REEDD (REEDD) recorded an outflow of $17.3M in free cash flow during fiscal year 2025. This represents a -175.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is REEDD's operating cash flow?
REEDD (REEDD) recorded an outflow of $17.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are REEDD's total assets?
REEDD (REEDD) had $23.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What are REEDD's capital expenditures?
REEDD (REEDD) invested $272K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is REEDD's current ratio?
REEDD (REEDD) had a current ratio of 1.60 as of fiscal year 2025, which is generally considered healthy.
What is REEDD's debt-to-equity ratio?
REEDD (REEDD) had a debt-to-equity ratio of 1.55 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is REEDD's return on assets (ROA)?
REEDD (REEDD) had a return on assets of -67.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is REEDD's Piotroski F-Score?
REEDD (REEDD) has a Piotroski F-Score of 1 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are REEDD's earnings high quality?
REEDD (REEDD) reported a net loss of $15.8M while operations used $17.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can REEDD cover its interest payments?
REEDD (REEDD) reported an operating loss of $15.1M against $1.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.