Reed's financials
$0.6320+0.96%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.5M | $7.1M | $7.5M | $7.0M | $9.5M | $10.0M | $9.7M | $6.8M | $11.9M | $9.6M | $11.7M | $11.9M |
| Gross profit | $1.8M | $697.0K | $1.5M | $1.2M | $807.0K | $3.4M | $2.9M | $1.2M | $3.8M | $3.4M | $472.0K | $4.0M |
| Gross margin | 23.9% | 9.8% | 20.4% | 17.4% | 8.5% | 33.9% | 30.0% | 18.0% | 32.3% | 35.6% | 4.0% | 34.0% |
| Operating income | -$4.1M | -$6.2M | -$3.5M | -$4.1M | -$5.8M | -$1.7M | -$3.7M | -$3.1M | -$669.0K | -$650.0K | -$4.9M | -$143.0K |
| Net income | -$4.3M | -$6.5M | -$3.8M | -$4.0M | -$6.1M | -$2.0M | -$4.1M | -$4.2M | -$3.2M | -$1.7M | -$6.6M | -$1.4M |
| Net margin | −57.1% | −90.5% | −50.5% | −56.6% | −63.6% | −20.3% | −42.3% | −61.5% | −27.1% | −17.4% | −56.4% | −12.1% |
| Diluted EPS | $-0.36 | $-0.55 | $-0.39 | $-0.48 | $-0.78 | $-0.27 | $-0.18 | $-4.91 | $-0.77 | $-0.40 | $-1.55 | $-0.34 |
| EBITDA | -$4.0M | -$6.2M | -$3.5M | -$4.1M | -$5.7M | -$1.7M | -$3.7M | -$3.1M | -$640.0K | -$621.0K | -$4.9M | -$110.0K |
| Operating cash flow | -$2.2M | -$5.8M | -$3.8M | -$2.8M | -$5.0M | -$5.4M | -$3.9M | $1.1M | -$912.0K | -$2.4M | -$182.0K | -$1.8M |
| Free cash flow | -$2.2M | -$5.8M | -$3.9M | -$2.9M | -$5.1M | -$5.4M | -$4.0M | $1.0M | -$924.0K | -$2.4M | -$183.0K | -$1.9M |
| Diluted shares | 11.8M | 11.8M | 9.7M | 8.2M | 7.7M | 7.6M | 22.9M | 0.8M | 4.2M | 4.2M | 4.2M | 4.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.4M | $4.6M | $10.4M | $4.1M | $2.7M | $4.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $9.2M | $9.2M | $9.2M | $9.2M | $9.7M | $9.6M |
| Total assets | $15.4M | $18.7M | $23.3M | $19.9M | $23.7M | $24.5M |
| Total liabilities | $16.9M | $16.0M | $14.2M | $17.2M | $22.0M | $19.9M |
| Shareholders' equity | -$1.5M | $2.7M | $9.2M | $2.8M | $1.7M | $4.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology