Here are the 10-Q quarterly reports from REEDD (REEDD) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow REEDD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full REEDD filings page.
Reed’s, Inc. reported a much weaker first quarter of 2026. Net sales fell to $7,142 thousand from $10,029 thousand a year earlier, a 29% decline driven by lower volumes and heavier promotional discounts. Gross margin shrank to 10% of net sales from 34%, hurt by $738 thousand of inventory write-offs tied to product portfolio changes and higher cost per case.
Operating expenses rose to $6,912 thousand, up 34%, with general and administrative costs more than doubling to support an Asia-Pacific growth initiative. The company’s net loss widened to $6,464 thousand, or $0.55 per share, versus a loss of $2,031 thousand, or $0.27 per share. EBITDA was a loss of $6,218 thousand.
Cash decreased to $4,580 thousand as of March 31, 2026, from $10,424 thousand at year-end 2025, mainly due to operating losses and working capital needs. Reed’s has a fully drawn senior secured loan of $9,250 thousand and no remaining availability, but management believes existing cash, operations, and committed financing can fund the approved operating plan for at least twelve months.