Reed's, Inc.
Balance Sheet
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | — | — | — | — | — | — | — | — |
| Accounts Receivable | $5.3M | $3.3M | $3.6M | $5.3M | $3.7M | $4.7M | $5.7M | $6.0M |
| Inventory | $10.2M | $12.0M | $11.3M | $16.0M | $13.7M | $15.3M | $16.2M | $19.9M |
| Total Current Assets | $17.7M | $18.2M | $17.8M | $23.5M | $19.5M | $21.8M | $24.1M | $28.8M |
| Property, Plant & Equipment | $384.0K | $441.0K | $493.0K | $559.0K | $543.0K | $686.0K | $766.0K | $826.0K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $635.0K | $631.0K | $629.0K | $627.0K | $627.0K | $626.0K | $626.0K | $626.0K |
| Total Assets | $18.7M | $19.3M | $18.9M | $24.7M | $20.7M | $23.1M | $25.5M | $30.3M |
| Liabilities | ||||||||
| Accounts Payable | $8.4M | $8.5M | $9.1M | $9.1M | $7.2M | $11.2M | $9.8M | $9.6M |
| Total Current Liabilities | $37.1M | $25.0M | $27.2M | $27.7M | $23.1M | $26.8M | $25.7M | $25.3M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $42.6M | $40.0M | $38.1M | $37.4M | $32.2M | $35.4M | $34.0M | $33.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-143.6M | $-140.4M | $-138.7M | $-132.1M | $-130.7M | $-127.6M | $-123.2M | $-116.4M |
| Total Stockholders' Equity | $-23.8M | $-20.7M | $-19.2M | $-12.8M | $-11.5M | $-12.3M | $-8.5M | $-3.4M |