{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-031647","form_type":"8-K","ticker":"REED","cik":"0001140215","company_name":"REED'S, INC.","filed_at":"2024-08-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.275048+00:00","generated_at":"2026-05-31T09:35:55.123229+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Reed's Q2 net sales up 19% to $11.9M; gross margin expands 720 bps; modified EBITDA turns positive","bullets":["Net sales increased 19% YoY to $11.9M; gross profit up 53% to $3.8M; gross margin 32.3% vs 25.1%.","Operating loss narrowed to $0.7M from $1.7M; modified EBITDA improved to $45,000 from $(1.6)M.","Delivery/handling costs cut 16% to $2.18/case; SG&A flat at 26% of sales.","Cash used in operations reduced to $0.9M from $3.4M; total debt $27.4M as of June 30, 2024.","Reaffirms FY 2024 outlook: net sales growth, gross margin expansion, positive modified EBITDA, and positive op cash flow."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-031647","json":"https://secwatch.observer/filing/0001493152-24-031647.json","markdown":"https://secwatch.observer/filing/0001493152-24-031647.md","text":"https://secwatch.observer/filing/0001493152-24-031647.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1140215/000149315224031647/0001493152-24-031647-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1140215/000149315224031647/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:35:55.123229+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}