secwatch.observer — SEC 8-K summary
======================================

Issuer:     REED'S, INC. (REED)
CIK:        0001140215
Form:       8-K
Filed at:   2025-08-12T23:59:59+00:00
Accession:  0001641172-25-023238
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reed's Q2 sales fall 20% YoY to $9.5M; net loss widens to $6.0M
---------------------------------------------------------------

- Net sales $9.5M, down 20% YoY from $11.9M; net loss $6.0M ($0.13/share) vs $3.2M loss.
- Gross margin 8% vs 32% YoY, hit by $1.6M inventory write-offs; adjusted margin 25%.
- Cash used in operations $5.0M vs $0.9M; cash $2.7M, total debt $9.7M at June 30.
- Modified EBITDA -$2.9M vs positive $45k in Q2 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140215/000164117225023238/0001641172-25-023238-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140215/000164117225023238/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-023238

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