{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-003246","form_type":"8-K","ticker":"REED","cik":"0001140215","company_name":"REED'S, INC.","filed_at":"2023-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.970914+00:00","generated_at":"2026-06-20T03:27:26.939002+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Reed's preliminary Q4 2022 revenue up 18% to $15.1M; guides to positive Modified EBITDA by Q2 2023","bullets":["Preliminary Q4 net revenue $15.1M (+18% YoY); gross margin ~26% (+530 bps).","Preliminary FY 2022 net revenue $53.1M (+7% YoY); gross margin ~24% vs 27%.","Q4 Modified EBITDA loss improved to $(1.9)M from $(3.9)M; FY loss $(12.2)M vs $(13.5)M.","FY 2023 guidance: double-digit revenue growth, margin >30%, positive Modified EBITDA by Q2, and positive cash flow.","Expects >$6M in operating cost savings from 2022 levels across COGS, delivery, marketing, and G&A."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-003246","json":"https://secwatch.observer/filing/0001493152-23-003246.json","markdown":"https://secwatch.observer/filing/0001493152-23-003246.md","text":"https://secwatch.observer/filing/0001493152-23-003246.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1140215/000149315223003246/0001493152-23-003246-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1140215/000149315223003246/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T03:27:26.939002+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"446631a112beb9c7a0a400d688d757f4106d633b","claim":"REED'S, INC. reported Q4 2022 results: revenue approximately $15.1 million.","evidence_excerpt":"Preliminary Q4 2022 Financial Highlights (vs. Q4 2021) ● Net revenue is projected to increase 18% to approximately $15.1 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1140215/000149315223003246/0001493152-23-003246-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q4 2022"},{"label":"Revenue","value":"approximately $15.1 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"53ee25589fffcdf49c59c9883b7c3be80c987610","claim":"REED'S, INC. reported FY 2022 results: revenue approximately $53.1 million.","evidence_excerpt":"Preliminary FY 2022 Financial Highlights (vs. 2021) ● Net revenue is projected to increase 7% to approximately $53.1 million compared to $49.6 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1140215/000149315223003246/0001493152-23-003246-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY 2022"},{"label":"Revenue","value":"approximately $53.1 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"c5d6a113bab9b3f822eb49da7e79c64b4a290e3e","claim":"REED'S, INC. updated its FY 2023 guidance (initiated).","evidence_excerpt":"FY 2023 Financial Outlook The Company projects double-digit net revenue growth in 2023, gross margin to surpass 30%, and modified EBITDA to turn profitable by the end of the second quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1140215/000149315223003246/0001493152-23-003246-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY 2023"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}