REED'S, INC. REED Income Statement

Reed's, inc. (REED)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Net Sales
34,894	33,820	36,298	38,354	38,263	38,102	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Sales
-	-	-	-	-	-	-	-	-	-	-	-	40,763	42,472	45,710	44,094	45,280	45,948	44,529	46,135	45,144	43,422	42,016	39,773	38,105	37,281	35,413	33,225	31,594	30,007	29,597	28,109	26,412	25,013	23,159	21,664	0	0	0
Cost of goods sold
-	-	-	-	-	-	-	-	-	-	-	-	32,358	33,230	35,183	34,893	35,041	34,343	33,556	32,837	31,782	30,416	28,898	27,364	26,943	26,487	0	0	0	-	1,907	1,691	1,728	1,761	1,568	1,477	0	0	0
Cost of goods sold
26,652	25,944	26,367	28,244	27,384	27,424	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,863	18,764	17,924	16,711	15,847	14,636	13,728	0	0	0
Gross profit
8,242	7,876	9,931	10,110	10,879	10,678	10,118	9,499	8,140	6,893	6,662	7,486	8,405	9,242	10,527	9,201	10,239	11,605	10,973	13,298	13,362	13,006	13,118	12,409	11,162	10,794	10,413	9,694	9,694	9,144	8,926	8,494	7,973	7,405	6,955	6,459	0	0	0
Operating expenses:
Delivery and handling expense
6,226	5,993	6,259	5,752	5,563	5,489	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Delivery and handling expense
-	-	-	-	-	-	-	-	-	-	-	-	3,796	3,902	3,962	4,415	4,780	5,100	5,299	5,255	4,752	4,478	4,208	3,938	3,966	3,977	3,529	3,252	3,061	2,634	2,793	2,617	2,398	2,307	2,033	1,806	0	0	0
Selling and marketing expense
9,098	9,188	8,995	7,865	5,881	4,879	4,278	3,728	3,246	3,021	3,132	3,222	3,448	3,701	4,010	4,334	4,715	4,867	5,011	5,249	4,963	4,838	4,778	4,457	4,368	4,180	3,786	3,445	3,303	3,145	3,077	2,829	2,612	2,470	2,321	2,289	0	0	0
General and administrative expense
7,157	7,596	8,151	7,668	9,326	8,388	9,106	8,224	6,076	5,754	4,422	4,188	3,860	3,954	3,984	4,221	4,659	4,368	4,071	3,812	3,356	3,414	3,577	3,491	3,490	3,506	3,766	3,696	3,477	3,229	2,806	2,980	2,963	2,878	2,940	2,745	0	0	0
Impairment of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of assets
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of assets
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of manufacturing plant to related party
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
22,466	22,732	23,393	21,273	20,758	18,800	22,144	22,436	19,428	18,642	13,857	11,495	11,588	12,041	11,956	12,970	14,154	14,335	14,381	14,316	13,071	12,730	12,563	11,886	11,824	11,663	11,081	10,393	9,841	9,008	8,676	8,426	7,973	7,655	7,294	6,840	0	0	0
Loss from operations
-14,224	-14,856	-13,462	-11,163	-9,879	-8,122	-12,026	-12,937	-11,288	-11,749	-7,195	-4,009	-3,183	-2,799	-1,429	-3,769	-3,915	-2,730	-3,408	-1,018	291	276	555	523	-662	-869	-668	-699	-147	136	250	68	0	-250	-339	-381	0	0	0
Interest expense
1,287	1,286	1,607	1,910	2,051	2,201	2,864	3,000	3,560	3,491	2,937	2,595	2,016	1,978	1,672	1,578	1,355	1,231	1,235	1,109	1,094	1,028	743	728	675	651	639	620	656	660	677	691	700	691	653	601	0	0	0
Financing and warrant modification costs
-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing costs and warrant modification
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of warrant liability
-83	-30	-119	-14	44	2	58	156	-3,261	-3,275	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before provision for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before provision for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Income Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-15,428	-16,112	-14,950	-13,059	-11,974	-10,325	-18,580	-21,523	-17,995	-18,373	-9,904	-4,506	-5,422	-5,009	-3,101	-5,347	-5,270	-3,961	-4,642	-2,129	-805	-754	-191	-205	-1,337	-1,520	-1,307	-1,319	-803	-524	-427	-623	-700	-941	-992	-982	0	0	0
Dividends on Series A Convertible Preferred Stock
-	-	-	0	-	-	-	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	45	35	38	63	65	67	92	0	0	0
Net loss attributable to common stockholders
-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-569	-462	-661	-763	-1,006	-1,059	-1,074	0	0	0
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