REED’S, INC. (Q3 2025) TL;DR
Corporate Actions & Management: Reed’s executed a 1-for-6 reverse stock split on October 31, 2025 (all historical data adjusted). Cyril Wallace, Jr. certified the 10-Q filings as CEO. The company operates as a single reportable segment.
Financial Performance Deterioration: For the nine months ended 9/30/2025, net sales declined 6% to \(26.6M. The net loss widened 33% to \)(12.1M)\(. Gross Margin collapsed to 20% (from 30%), largely due to \)1.775M in inventory write-offs mandated by new management’s portfolio optimization. Total Operating Expenses ros
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