Reed's, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | — | — | — | — | — | — | — | — |
| Accounts Receivable | $2.3M | $4.0M | $3.6M | $5.7M | $5.2M | $4.7M | $2.1M | $2.6M |
| Inventory | $8.0M | $8.1M | $11.3M | $16.2M | $17.0M | $11.1M | $10.5M | $7.4M |
| Total Current Assets | $21.5M | $23.3M | $17.8M | $24.1M | $24.7M | $18.5M | $14.3M | $10.9M |
| Property, Plant & Equipment | $1.2M | $1.2M | $493.0K | $766.0K | $992.0K | $920.0K | $1.1M | $896.0K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $650.0K | $644.0K | $629.0K | $626.0K | $624.0K | $615.0K | $576.0K | $576.0K |
| Total Assets | $23.3M | $25.1M | $18.9M | $25.5M | $26.3M | $20.1M | $16.0M | $12.5M |
| Liabilities | ||||||||
| Accounts Payable | $3.5M | $7.0M | $9.1M | $9.8M | $10.4M | $6.7M | $5.4M | $5.7M |
| Total Current Liabilities | $13.4M | $17.7M | $27.2M | $25.7M | $21.7M | $8.9M | $9.4M | $14.2M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $14.2M | $18.5M | $38.1M | $34.0M | $22.1M | $9.7M | $14.8M | $19.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-167.7M | $-151.9M | $-138.7M | $-123.2M | $-103.1M | $-86.7M | $-76.5M | $-60.4M |
| Total Stockholders' Equity | $9.2M | $6.6M | $-19.2M | $-8.5M | $4.2M | $10.4M | $1.1M | $-6.7M |