---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-010019"
form_type: "8-K"
ticker: "REED"
cik: "0001140215"
company_name: "REED'S, INC."
filed_at: "2025-05-13T23:59:59+00:00"
generated_at: "2026-05-21T13:00:42.423188+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Reed's Q1 net sales up 4.5% to $10M; operating loss widens to $1.7M

## Summary
- Net sales $10.0M (+4.5% YoY); gross margin 33.9% vs 35.6%.
- Operating loss $1.7M ($0.04/sh) vs $0.7M loss in Q1 2024.
- Modified EBITDA loss $1.6M vs $0.4M loss year-ago.
- Cash burn $5.4M from operations; cash at $4.9M (down from $10.4M Dec 2024).
- CEO Cyril Wallace notes fulfillment rate improved to ~2% short shipments from ~20%.

## SEC filing metadata
- accession: 0001641172-25-010019
- form_type: 8-K
- ticker: REED
- cik: 0001140215
- company_name: REED'S, INC.
- filed_at: 2025-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140215/000164117225010019/0001641172-25-010019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140215/000164117225010019/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-010019
- JSON: https://secwatch.observer/filing/0001641172-25-010019.json
- Plain text: https://secwatch.observer/filing/0001641172-25-010019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.