Reed's, inc. (REED)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Net Sales

9,523

7,151

8,740

9,480

8,449

9,629

10,796

9,389

8,288

-

10,887

8,864

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Sales

-

-

-

-

-

-

-

-

-

-

-

-

8,295

9,147

12,329

10,992

10,004

12,385

10,713

12,178

10,672

10,966

12,319

11,187

8,950

9,560

10,076

9,519

8,126

7,692

7,888

7,888

6,539

7,282

6,400

6,191

5,140

5,428

4,905

Cost of goods sold

-

-

-

-

-

-

-

-

-

-

-

-

7,239

7,286

9,443

8,390

8,111

9,239

9,153

8,538

7,413

8,452

8,434

7,483

6,047

6,934

6,900

7,062

5,591

-

621

456

369

461

405

493

402

268

314

Cost of goods sold

6,653

6,554

6,238

7,207

5,945

6,977

8,115

6,347

5,985

-

8,825

7,181

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,893

4,810

4,975

4,185

4,794

3,970

3,762

3,321

3,583

3,062

Gross profit

2,870

597

2,502

2,273

2,504

2,652

2,681

3,042

2,303

2,092

2,062

1,683

1,056

1,861

2,886

2,602

1,893

3,146

1,560

3,640

3,259

2,514

3,885

3,704

2,903

2,626

3,176

2,457

2,535

2,245

2,457

2,457

1,985

2,027

2,025

1,936

1,417

1,577

1,529

Operating expenses:
Delivery and handling expense

1,263

1,625

1,902

1,436

1,030

1,891

1,395

1,247

956

-

1,119

869

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Delivery and handling expense

-

-

-

-

-

-

-

-

-

-

-

-

743

1,088

901

1,064

849

1,148

1,354

1,429

1,169

1,347

1,310

926

895

1,077

1,040

954

906

629

763

763

479

788

587

544

388

514

360

Selling and marketing expense

1,925

1,471

2,508

3,194

2,015

1,278

1,378

1,210

1,013

677

828

728

788

788

918

954

1,041

1,097

1,242

1,335

1,193

1,241

1,480

1,049

1,068

1,181

1,159

960

880

787

818

818

722

719

570

601

580

570

538

General and administrative expense

1,932

1,006

2,470

1,749

2,371

1,561

1,987

3,407

1,433

2,279

1,105

1,259

1,111

947

871

931

1,205

977

1,108

1,369

914

680

849

913

972

843

763

912

988

1,103

693

693

740

680

867

676

655

742

672

Impairment of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of assets

-

-

-

-

-

-

-

-

-

-

2,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of assets

-

-

-

-

30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of manufacturing plant to related party

-

-

-

-

-

-

-

-

-26

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

5,120

4,087

6,880

6,379

5,386

4,748

4,760

5,864

3,428

8,092

5,052

2,856

2,642

3,307

2,690

2,949

3,095

3,222

3,704

4,133

3,276

3,268

3,639

2,888

2,935

3,101

2,962

2,826

2,774

2,519

2,274

2,274

1,941

2,187

2,024

1,821

1,623

1,826

1,570

Loss from operations

-2,250

-3,490

-4,378

-4,106

-2,882

-2,096

-2,079

-2,822

-1,125

-6,000

-2,990

-1,173

-1,586

-1,446

196

-347

-1,202

-76

-2,144

-493

-17

-754

246

816

-32

-475

214

-369

-239

-274

183

183

44

-160

1

115

-206

-249

-41

Interest expense

336

339

318

294

335

660

621

435

485

1,323

757

995

416

769

415

416

378

463

321

193

254

467

195

178

188

182

180

125

164

170

161

161

168

187

175

170

159

149

123

Financing and warrant modification costs

-

-

-

-

-

-

-

-

-

-

1,798

978

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing costs and warrant modification

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of warrant liability

-6

-6

-131

60

47

-95

-26

118

5

-39

72

-3,299

-9

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before provision for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

51

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before provision for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Income Tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-2,580

-3,823

-4,565

-4,460

-3,264

-2,661

-2,674

-3,375

-1,615

-10,916

-5,617

153

-1,993

-2,447

-219

-763

-1,580

-539

-2,465

-686

-271

-1,220

48

638

-220

-657

34

-494

-403

-444

22

22

-124

-347

-174

-55

-365

-398

-164

Dividends on Series A Convertible Preferred Stock

-

-

-

5

-

-

-

5

-

-

0

5

-

-

0

5

-

-

0

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-5

-

-

0

-5

-

20

8

8

9

10

11

33

11

12

36

Net loss attributable to common stockholders

-

-

-4,565

-4,465

-

-

-2,674

-3,380

-

-

-5,617

148

-

-

-219

-768

-

-

-2,465

-691

-

-

48

633

-

-

34

-499

-

-464

14

14

-133

-357

-185

-88

-376

-410

-200

Income (loss) per share available to common stockholders, basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.05

-

-

0.00

-0.04

-0.03

-

0.00

0.00

-

-

-0.02

-0.01

-

-

-

Weighted average number of shares outstanding - basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,104

-

-

13,053

13,046

-

-

12,627

12,543

12,320

-

11,501

11,501

-

-

10,835

10,818

-

10,298

-

Net loss per share - basic and diluted

-0.05

-0.08

-0.14

-0.13

-0.11

-0.12

-0.10

-0.13

-0.06

-0.74

-0.37

0.01

-0.14

-13,184,000.23

-0.02

13,184,000.00

-0.12

-0.04

-0.19

-0.05

-0.02

-

-

-

-0.02

-

-

-

-

-

-

-

-0.01

-

-

-

-0.04

-0.04

-0.02

Weighted average number of shares outstanding - basic and diluted

47,595

43,745

33,716

33,666

29,103

25,710

25,587

25,142

24,989

16,074

15,033

14,013

13,982

27,387

13,908

-0

13,184

-

13,133

-

13,068

-

-

-

12,965

-

13,496

12,543

-

-

11,908

12,288

10,921

-

-

-

10,619

-

-

Income (loss) per share available to common stockholders, diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.05

-

-

0.00

-0.04

-

-

0.00

0.00

-

-

-0.02

-0.01

-

-

-

Weighted average number of shares outstanding - diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,135

13,256

-

-

-

-

-

-

12,288

-

-

-

10,835

10,818

-

-

10,215