Reed's, Inc. financial data

Symbol
REED on OTC
Industry
Bottled & Canned Soft Drinks & Carbonated Waters
Location
501 Merritt 7, Norwalk, CT
State of incorporation
DE
Fiscal year end
December 31
Former names
REEDS INC (to 3/25/2014), ORIGINAL BEVERAGE CORP / (to 10/25/2001)
Latest financial report
10-K - Q4 2024 - Mar 28, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 62.8 % -20.4%
Quick Ratio 33.9 % -36.8%
Debt-to-equity -231 % +10.2%
Return On Equity 87.9 % -21.2%
Return On Assets -67.3 % +5.28%
Operating Margin -21.4 % -1.52%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45.4M shares +984%
Common Stock, Shares, Outstanding 45.4M shares +984%
Entity Public Float 2.75M USD -52.4%
Common Stock, Value, Issued 3K USD
Weighted Average Number of Shares Outstanding, Basic 8.04M shares +127%
Weighted Average Number of Shares Outstanding, Diluted 8.04M shares +127%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 38M USD -15.1%
Selling and Marketing Expense 4.41M USD -9.46%
General and Administrative Expense 9.11M USD +48.9%
Operating Income (Loss) -8.12M USD +13.8%
Net Income (Loss) Attributable to Parent -13.2M USD +15.3%
Earnings Per Share, Basic -1.64 USD/shares +62.6%
Earnings Per Share, Diluted -1.64 USD/shares +62.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 3.98M USD +11.4%
Inventory, Net 8.11M USD -28.2%
Assets, Current 23.3M USD +31.2%
Property, Plant and Equipment, Net 1.19M USD +140%
Intangible Assets, Net (Excluding Goodwill) 644K USD +2.39%
Assets 25.1M USD +33.1%
Accounts Payable, Current 6.96M USD -23.8%
Accrued Liabilities, Current 984K USD -10.2%
Liabilities, Current 17.7M USD -35.1%
Operating Lease, Liability, Noncurrent 837K USD
Liabilities 18.5M USD -51.4%
Retained Earnings (Accumulated Deficit) -152M USD -9.48%
Stockholders' Equity Attributable to Parent 6.65M USD
Liabilities and Equity 25.1M USD +33.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.4M USD -314%
Net Cash Provided by (Used in) Financing Activities 2.12M USD
Net Cash Provided by (Used in) Investing Activities -18K USD
Common Stock, Shares Authorized 180M shares 0%
Common Stock, Shares, Issued 45.4M shares +984%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -289K USD -338%
Interest Paid, Excluding Capitalized Interest, Operating Activities 318K USD -18.5%
Deferred Tax Assets, Valuation Allowance 32.8M USD +25.7%
Deferred Tax Assets, Gross 33M USD +25.6%
Operating Lease, Liability 837K USD +304%
Depreciation 29K USD -38.3%
Payments to Acquire Property, Plant, and Equipment 16K USD
Lessee, Operating Lease, Liability, to be Paid 1.24M USD +460%
Property, Plant and Equipment, Gross 1.82M USD +16.7%
Operating Lease, Liability, Current 47K USD -77.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 98K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 61K USD -72.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.13 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 401K USD +2764%
Lessee, Operating Lease, Liability, to be Paid, Year Three 93K USD
Deferred Tax Assets, Operating Loss Carryforwards 25.3M USD +23%
Preferred Stock, Shares Issued 9.41K shares 0%
Preferred Stock, Shares Authorized 500K shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 96K USD
Operating Lease, Payments 9K USD
Additional Paid in Capital 158M USD +32.6%
Preferred Stock, Shares Outstanding 9.41K shares 0%
Depreciation, Depletion and Amortization 47K USD +88%
Deferred Tax Assets, Net of Valuation Allowance 218K USD +14.7%
Interest Expense 5.48M USD -10.2%
Preferred Stock, Par or Stated Value Per Share 10 USD/shares 0%