secwatch.observer — SEC 8-K summary
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Issuer:     REED'S, INC. (REED)
CIK:        0001140215
Form:       8-K
Filed at:   2026-05-12T20:15:24+00:00
Accession:  0001493152-26-022492
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reed's Q1 net sales fall to $7.1M; net loss widens to $6.5M
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- Net sales $7.1M, down 29% from $10.0M in Q1 2025.
- Gross profit $0.7M (10% margin) vs $3.4M (34% margin) prior year.
- SG&A expense increased to $5.8M from $3.5M.
- Net loss $6.5M vs $2.0M; EBITDA loss $(6.2)M vs $(1.7)M.
- Interim CEO cites inventory rationalization, SKU discontinuations, and elevated costs as transitional factors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140215/000149315226022492/0001493152-26-022492-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140215/000149315226022492/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-022492

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