Reed's Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	4.14	10.39	0.6	0.53	0.05	0.6
Cash & Short-Term Investments	4.14	10.39	0.6	0.53	0.05	0.6
Cash Growth	1251.63%	1623.22%	13.13%	987.75%	-91.77%	-34.83%
Accounts Receivable	2.43	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	2.6	4.12	3.83	6.45	6.12	5.4
Inventory	10.57	8.11	11.3	16.18	17.05	11.12
Prepaid Expenses	0.77	0.68	2.03	0.94	1.49	1.18
Other Current Assets	-	-	-	-	-	0.16
Total Current Assets	18.08	23.31	17.76	24.1	24.71	18.46
Property, Plant & Equipment	1.2	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	19.93	25.14	18.88	25.49	26.32	20.06
Accounts Payable	5.83	7.1	9.39	11.83	11.05	7.3
Accrued Expenses	1.33	0.98	1.1	0.23	0.29	0.9
Short-Term Debt	9.16	9.57	9.76	10.97	10.23	-
Current Portion of Long-Term Debt	-	-	6.74	2.43	-	0.6
Current Portion of Leases	0.05	-	0.21	0.19	0.16	0.13
Total Current Liabilities	16.36	17.66	27.19	25.66	21.72	8.93
Long-Term Debt	-	-	10.87	8.09	-	0.17
Long-Term Leases	0.81	0.84	-	0.21	0.39	0.56
Total Liabilities	17.17	18.49	38.06	33.96	22.12	9.65
Common Stock	0	0	-	-	-	0.01
Additional Paid-In Capital	166.61	158.44	119.45	114.64	107.25	97.03
Retained Earnings	-163.95	-151.88	-138.73	-123.2	-103.14	-86.73
Total Common Equity	2.66	6.55	-19.28	-8.56	4.11	10.31
Shareholders' Equity	2.76	6.65	-19.18	-8.47	4.2	10.4
Total Liabilities & Equity	19.93	25.14	18.88	25.49	26.32	20.06
Total Debt	10.01	10.41	27.58	21.89	10.78	1.46
Net Cash (Debt)	-5.88	-0.02	-26.97	-21.36	-10.74	-0.86
Net Cash Per Share	-0.88	-0.01	-45.74	-57.96	-35.30	-4.25
Filing Date Shares Outstanding	8.95	7.56	0.7	0.43	0.38	0.29
Total Common Shares Outstanding	8.95	7.56	0.7	0.42	0.31	0.29
Working Capital	1.71	5.66	-9.43	-1.56	2.98	9.53
Book Value Per Share	0.30	0.87	-27.62	-20.39	13.15	35.83
Tangible Book Value	2.01	5.91	-19.9	-9.19	3.49	9.7
Tangible Book Value Per Share	0.23	0.78	-28.52	-21.89	11.15	33.70
Machinery	0.97	0.91	0.75	0.83	0.83	0.5
Construction In Progress	-	-	0.09	-	-	-
Leasehold Improvements	0.14	0.08	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.