Reed's Q4 revenue falls 17% YoY; gross margin jumps to 30% from 4%

REED'S, INC.

Q4 net sales $9.7M vs $11.7M; full-year $38.0M vs $44.7M.
Q4 gross profit $2.9M vs $0.5M; margin 30.0% vs 4.0% (prior year had $3.1M one-time charges).
Operating loss improved to $3.7M from $4.9M; modified EBITDA $(0.7)M vs positive $43k.
Cash $10.4M vs $0.6M; total debt net $9.6M vs $27.4M; closed $10M private placement.
New CFO Douglas McCurdy appointed; new beverage line launching April 2025 with 8,000+ distribution points.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.