REED'S, INC.
Balance Sheet
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | — | — | — | — | — | — | — | — |
| Accounts Receivable | $3.1M | $2.9M | $2.3M | $2.4M | $5.0M | $4.3M | $4.0M | $2.8M |
| Inventory | $7.0M | $8.0M | $8.0M | $10.6M | $13.2M | $12.3M | $8.1M | $9.3M |
| Total Current Assets | $13.7M | $16.8M | $21.5M | $18.1M | $21.9M | $22.7M | $23.3M | $14.1M |
| Property, Plant & Equipment | $1.1M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $335.0K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $650.0K | $650.0K | $650.0K | $650.0K | $650.0K | $645.0K | $644.0K | $636.0K |
| Total Assets | $15.4M | $18.7M | $23.3M | $19.9M | $23.7M | $24.5M | $25.1M | $15.0M |
| Liabilities | ||||||||
| Accounts Payable | $6.2M | $5.1M | $3.5M | $5.8M | $8.5M | $7.9M | $7.0M | $8.3M |
| Total Current Liabilities | $16.1M | $15.2M | $13.4M | $16.4M | $21.2M | $19.0M | $17.7M | $37.0M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $16.9M | $16.0M | $14.2M | $17.2M | $22.0M | $19.9M | $18.5M | $37.0M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-178.5M | $-174.2M | $-167.7M | $-164.0M | $-160.0M | $-153.9M | $-151.9M | $-147.8M |
| Total Stockholders' Equity | $-1.5M | $2.7M | $9.2M | $2.8M | $1.7M | $4.7M | $6.6M | $-22.0M |