secwatch.observer — SEC 8-K summary
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Issuer:     Reborn Coffee, Inc. (REBN)
CIK:        0001707910
Form:       8-K
Filed at:   2022-11-16T23:59:59+00:00
Accession:  0001213900-22-072886
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reborn Coffee Q3 revenue up 22% to $0.8M; net loss narrows to $0.9M
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- Revenue $0.8M in Q3 2022 vs $0.7M in Q3 2021 (+22%); nine-month revenue $2.4M (+52% YoY).
- Net loss $0.9M in Q3 2022 vs $1.9M in Q3 2021; operating expenses $1.7M (-1% YoY).
- Completed IPO on Nasdaq in August 2022, raising net proceeds of $6.2M from 1.44M shares at $5.00.
- Cash and cash equivalents $4.7M as of Sept 30, 2022, up from $0.9M at Dec 31, 2021.
- Plans to open five new Southern California stores; Cabazon, Huntington Beach, Irvine expected in Q4 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1707910/000121390022072886/0001213900-22-072886-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1707910/000121390022072886/ea168732-8k_reborncoffee.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-072886

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer