REED'S, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $37.7M | $42.5M | $45.9M | $43.4M | $37.3M | $30.0M | $25.0M | $20.4M |
| Cost of Revenue | $30.8M | $33.2M | $34.3M | $30.4M | $26.5M | $20.9M | $15.8M | $13.1M |
| Gross Profit | $6.9M | $9.2M | $11.6M | $13.0M | $10.8M | $9.1M | $7.4M | $6.1M |
| Gross Margin | 18.3% | 21.8% | 25.3% | 30.0% | 29.0% | 30.5% | 29.6% | 29.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $5.8M | $4.0M | $4.4M | $3.4M | $3.5M | $3.2M | $2.9M | $2.7M |
| Operating Income | $-11.7M | $-2.8M | $-2.7M | $276.0K | $-869.0K | $136.0K | $-250.0K | $-724.0K |
| Operating Margin | -31.2% | -6.6% | -5.9% | 0.6% | -2.3% | 0.5% | -1.0% | -3.6% |
| Interest Expense | $3.5M | $2.0M | $1.2M | $1.0M | $651.0K | $660.0K | $691.0K | $586.0K |
| Pretax Income | — | — | — | $-752.0K | $-1.5M | — | — | — |
| Income Tax Expense | — | — | — | $2.0K | $0 | — | — | — |
| Net Income | $-18.4M | $-5.0M | $-4.0M | $-754.0K | $-1.5M | $-524.0K | $-941.0K | $-1.3M |
| Net Margin | -48.7% | -11.8% | -8.6% | -1.7% | -4.1% | -1.7% | -3.8% | -6.4% |
| EPS (Basic) | $-0.21 | $-0.06 | $-0.05 | $-0.01 | $-0.02 | $-0.01 | $-0.02 | $-0.02 |
| EPS (Diluted) | $-0.21 | $-0.06 | $-0.05 | $-0.01 | $-0.02 | — | $-0.02 | $-0.02 |
| Shares Outstanding (Basic) | 147.7M | 83.9M | 79.0M | 78.4M | 75.2M | 68.2M | 64.7M | 61.1M |
| Shares Outstanding (Diluted) | 147.7M | 83.9M | 79.0M | 78.4M | 75.2M | 68.2M | 64.7M | 61.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |