REED: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, REED has $19,925K in assets. $17,168K in debts.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash	4,136	2,677
Accounts receivable, net of allowance of 714 and 859, respectively	2,434	5,002
Inventory, net	10,566	13,180
Receivable from former related party-Related Party	169	169
Prepaid expenses and other current assets	770	862
Total current assets	18,075	21,890
Total cost	1,935	-
Accumulated depreciation and amortization	735	-
Property and equipment, net of accumulated depreciation of 735 and 636, respectively	1,200	1,165
Intangible assets	650	650
Total assets	19,925	23,705

Accounts payable	5,827	8,478
Accrued expenses	1,328	2,894
Senior secured loan, net of deferred financing costs of 90 and 329, respectively	9,160	9,736
Payable to former related party-Related Party	-	0
Current portion of lease liabilities	48	46
Total current liabilities	16,363	21,154
Lease liabilities, less current portion	805	816
Total liabilities	17,168	21,970
Series a convertible preferred stock, 10 par value, 500,000 shares authorized, 9,411 shares issued and outstanding	94	94
Common stock, .0001 par value, 60,000,000 shares authorized 8,945,454 and 7,561,875 shares issued and outstanding, respectively	1	5
Additional paid in capital	166,612	161,604
Accumulated deficit	-163,950	-159,968
Total stockholders equity	2,757	1,735
Total liabilities and stockholders equity	19,925	23,705