Reed's financials
$0.6320+0.96%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.1M | $38.0M | $44.7M | $53.0M | $49.6M | $41.6M | $33.8M | $38.1M | $37.7M | $42.5M |
| Gross profit | $7.0M | $11.4M | $9.7M | $12.1M | $13.6M | $12.8M | $7.9M | $10.7M | $6.9M | $9.2M |
| Gross margin | 20.4% | 30.0% | 21.7% | 22.8% | 27.4% | 30.7% | 23.3% | 28.0% | 18.3% | 21.8% |
| Operating income | -$15.1M | -$8.1M | -$9.4M | -$14.8M | -$16.0M | -$8.6M | -$14.9M | -$8.3M | -$8.6M | -$2.8M |
| Net income | -$15.8M | -$13.2M | -$15.5M | -$20.1M | -$16.4M | -$10.2M | -$16.1M | -$10.3M | -$18.4M | -$5.0M |
| Net margin | −46.5% | −34.7% | −34.7% | −37.8% | −33.1% | −24.5% | −47.6% | −27.1% | −48.7% | −11.8% |
| Diluted EPS | $-1.91 | $-9.81 | $-4.39 | $-9.07 | $-8.99 | $-8.50 | $-23.00 | $-20.50 | $-62.00 | $-18.50 |
| EBITDA | -$15.0M | -$8.0M | -$9.3M | -$14.7M | -$15.8M | -$8.5M | -$14.8M | -$8.0M | -$8.0M | -$1.9M |
| Operating cash flow | -$17.0M | -$6.1M | -$4.3M | -$15.5M | -$17.6M | -$9.5M | -$18.2M | -$9.3M | -$3.4M | -$2.5M |
| Free cash flow | -$17.3M | -$6.3M | -$4.4M | -$15.5M | -$17.9M | -$9.6M | -$18.5M | -$9.4M | -$4.2M | -$2.9M |
| Diluted shares | 8.3M | 1.3M | 3.5M | 2.2M | 1.8M | 1.2M | 0.7M | 0.5M | 0.3M | 0.3M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $10.4M | $10.4M | $603.0K | $533.0K | $49.0K | $595.0K |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $9.2M | $9.6M | $27.4M | $21.5M | $10.2M | $770.0K |
| Total assets | $23.3M | $25.1M | $18.9M | $25.5M | $26.3M | $20.1M |
| Total liabilities | $14.2M | $18.5M | $38.1M | $34.0M | $22.1M | $9.7M |
| Shareholders' equity | $9.2M | $6.6M | -$19.2M | -$8.5M | $4.2M | $10.4M |
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