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REED'S, INC. (REED)

REED'S, INC. (REED)

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Balance Sheets Overview

Current Ratio
84.61%
Quick Ratio
41.31%
Debt to Asset Ratio
109.61%
Unit: Thousand (K) dollars
Assets Breakdown
    • Accounts receivable, net of allo...
    • Cash
    • Prepaid expenses and other curre...
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid in capital
    • Senior secured loan, net of defe...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash
2,410
4,580
10,424
4,136
Accounts receivable, net of allowance of 1,060 and 980, respectively
3,107
2,912
2,317
2,434
Inventory, net
6,992
8,048
8,046
10,566
Receivable from former related party-Related Party
-
-
-
169
Prepaid expenses and other current assets
1,153
1,307
673
770
Total current assets
13,662
16,847
21,460
18,075
Total cost
2,001
2,016
2,016
1,935
Accumulated depreciation and amortization
864
827
785
735
Property and equipment, net of accumulated depreciation of 864 and 785, respectively
1,137
1,189
1,231
1,200
Intangible assets
650
650
650
650
Total assets
15,449
18,686
23,341
19,925
Accounts payable
6,200
5,062
3,496
5,827
Accrued expenses
634
878
669
1,328
Deferred revenue
51
17
-
-
Senior secured loan, net of deferred financing costs of 23 and 68, respectively
9,227
9,205
9,182
9,160
Current portion of lease liabilities
35
33
40
48
Total current liabilities
16,147
15,195
13,387
16,363
Lease liabilities, less current portion
787
799
803
805
Total liabilities
16,934
15,994
14,190
17,168
Series a convertible preferred stock, 10 par value, 500,000 shares authorized, 9,411 shares issued and outstanding
94
94
94
94
Common stock, .0001 par value, 60,000,000 shares authorized 11,857,086 and 11,820,429 shares issued and outstanding, respectively
5
5
5
1
Additional paid in capital
176,884
176,788
176,783
166,612
Accumulated deficit
-178,468
-174,195
-167,731
-163,950
Total stockholders equity (deficiency)
-1,485
2,692
9,151
2,757
Total liabilities and stockholders equity (deficiency)
15,449
18,686
23,341
19,925
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Inventory, net$6,992K (-46.95%↓ Y/Y)Accounts receivable, netof allowance of...$3,107K (-37.88%↓ Y/Y)Cash$2,410K (-9.97%↓ Y/Y)Prepaid expenses andother current assets$1,153K (33.76%↑ Y/Y)Total cost$2,001K (4.44%↑ Y/Y)Total current assets$13,662K (-37.59%↓ Y/Y)Property and equipment,net of accumulated...$1,137K (-2.40%↓ Y/Y)Intangible assets$650K (0.00%↑ Y/Y)Accumulated depreciationand amortization$864K (15.05%↑ Y/Y)Total assets$15,449K (-34.83%↓ Y/Y)Accumulated deficit-$178,468K (-11.56%↓ Y/Y)Total liabilities andstockholders equity...$15,449K (-34.83%↓ Y/Y)Total stockholdersequity (deficiency)-$1,485K (-185.59%↓ Y/Y)Additional paid in capital$176,884K (9.46%↑ Y/Y)Series a convertiblepreferred stock, 10 par...$94K (0.00%↑ Y/Y)Common stock, .0001 parvalue, 60,000,000...$5K (0.00%↑ Y/Y)Total liabilities$16,934K (-22.92%↓ Y/Y)Total currentliabilities$16,147K (-23.67%↓ Y/Y)Lease liabilities,less current portion$787K (-3.55%↓ Y/Y)Senior secured loan,net of deferred...$9,227K (-5.23%↓ Y/Y)Accounts payable$6,200K (-26.87%↓ Y/Y)Accrued expenses$634K (-78.09%↓ Y/Y)Deferred revenue$51K Current portion of leaseliabilities$35K (-23.91%↓ Y/Y)