secwatch.observer — SEC 8-K summary
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Issuer:     REED'S, INC. (REED)
CIK:        0001140215
Form:       8-K
Filed at:   2026-03-24T23:59:59+00:00
Accession:  0001493152-26-012431
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reed's reports Q4 net sales down 23% YoY, net loss improves; interim CEO appointed
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- Q4 net sales $7.5M vs $9.7M YoY; gross margin fell to 20% from 30%.
- Full year net loss $15.8M vs $13.2M; EBITDA worsened to $(14.6)M from $(7.3)M.
- CEO Cyril Wallace stepped down; Neal Cohane named interim CEO and board member.
- CMO Tina Reejsinghani departed; board member Ruud Bakker takes fractional CMO role.
- Company saw sequential quarterly improvement in net sales, gross margin, and net loss.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140215/000149315226012431/0001493152-26-012431-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140215/000149315226012431/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-012431

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