Reed's, Inc. (REED)

Reed's Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4.86	10.39	0.6	0.53	0.05	0.6
Cash & Short-Term Investments	4.86	10.39	0.6	0.53	0.05	0.6
Cash Growth	1448.41%	1623.22%	13.13%	987.75%	-91.77%	-34.83%
Accounts Receivable	4.33	3.98	3.57	5.67	5.18	4.72
Other Receivables	0.17	0.14	0.26	0.78	0.93	0.68
Receivables	4.5	4.12	3.83	6.45	6.12	5.4
Inventory	12.33	8.11	11.3	16.18	17.05	11.12
Prepaid Expenses	0.98	0.68	2.03	0.94	1.49	1.18
Other Current Assets	-	-	-	-	-	0.16
Total Current Assets	22.67	23.31	17.76	24.1	24.71	18.46
Property, Plant & Equipment	1.21	1.19	0.49	0.77	0.99	0.92
Other Intangible Assets	0.65	0.64	0.63	0.63	0.62	0.62
Other Long-Term Assets	-	-	-	-	-	0.07
Total Assets	24.52	25.14	18.88	25.49	26.32	20.06
Accounts Payable	8.04	7.1	9.39	11.83	11.05	7.3
Accrued Expenses	1.31	0.98	1.1	0.23	0.29	0.9
Short-Term Debt	9.65	9.57	9.76	10.97	10.23	-
Current Portion of Long-Term Debt	-	-	6.74	2.43	-	0.6
Current Portion of Leases	0.03	-	0.21	0.19	0.16	0.13
Total Current Liabilities	19.03	17.66	27.19	25.66	21.72	8.93
Long-Term Debt	-	-	10.87	8.09	-	0.17
Long-Term Leases	0.83	0.84	-	0.21	0.39	0.56
Total Liabilities	19.86	18.49	38.06	33.96	22.12	9.65
Common Stock	0	0	-	-	-	0.01
Additional Paid-In Capital	158.48	158.44	119.45	114.64	107.25	97.03
Retained Earnings	-153.92	-151.88	-138.73	-123.2	-103.14	-86.73
Total Common Equity	4.57	6.55	-19.28	-8.56	4.11	10.31
Shareholders' Equity	4.66	6.65	-19.18	-8.47	4.2	10.4
Total Liabilities & Equity	24.52	25.14	18.88	25.49	26.32	20.06
Total Debt	10.5	10.41	27.58	21.89	10.78	1.46
Net Cash (Debt)	-5.64	-0.02	-26.97	-21.36	-10.74	-0.86
Net Cash Per Share	-0.31	-0.00	-7.62	-9.66	-5.88	-0.71
Filing Date Shares Outstanding	45.37	45.37	4.19	2.6	2.26	1.73
Total Common Shares Outstanding	45.37	45.37	4.19	2.52	1.87	1.73
Working Capital	3.64	5.66	-9.43	-1.56	2.98	9.53
Book Value Per Share	0.10	0.14	-4.60	-3.40	2.19	5.97
Tangible Book Value	3.93	5.91	-19.9	-9.19	3.49	9.7
Tangible Book Value Per Share	0.09	0.13	-4.75	-3.65	1.86	5.62
Machinery	0.92	0.91	0.75	0.83	0.83	0.5
Construction In Progress	-	-	0.09	-	-	-
Leasehold Improvements	0.14	0.08	-	-	-	-

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.