Microcap Ledger

Tickers · $REED

Reed's, Inc. $REED

By Microcap Ledger desk · CIK 0001140215

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
NYSE American
Sector
Bottled & Canned Soft Drinks & Carbonated Waters
Headquarters
Norwalk, CT
Fiscal year end
December 31
Shares outstanding
11,857,086 [10-Q 2026-08-12]
as of 2026-08-07

Sources: [10-K 2026-03-25]

What the company doesAI summary of filing

Reed's, Inc. is a revenue-generating branded beverage company that sells a portfolio of non-alcoholic and alcoholic beverages under the Reed's and Virgil's brands, distributed through over 32,000 outlets across the United States and select international markets. The company manufactures 50 products through an asset-light business model using seven independent co-packers and five distribution centers, competing in the carbonated soft drink market by offering ginger-based and craft soda alternatives. Revenue is generated through sales to natural food retailers, grocery chains, mass merchants, club stores, convenience stores, liquor stores, and on-premise establishments, as well as direct-to-consumer sales via e-commerce. The company is expanding internationally into the Asia-Pacific region and pursuing growth through distribution expansion, operational efficiency improvements, innovation in functional beverages, and new product development. [10-K 2026-03-25]

Segments: Reed's Craft Ginger Beer, Reed's Real Ginger Ale, Reed's Ready to Drink (alcoholic), Virgil's Handcrafted Soda

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$14.63M−$10.74M −$8.01M$2.41M[10-Q 2026-08-12]
FY ended Dec 2025$34.06M−$15.84M −$17.04M$10.42M[10-K 2026-03-25]
FY ended Dec 2024$37.95M−$13.15M −$6.12M$10.39M[10-K 2026-03-25]
Quarterly cash burn
−$4.01M
Cash runway Estimate
~1.8 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-138,187,291[10-Q 2024-11-14]
2025-03-1945,371,247[10-K 2025-03-28]
2025-05-0945,371,247[10-Q 2025-05-14]
2025-08-0848,673,722[10-Q 2025-08-13]
2025-10-318,945,454[10-Q 2025-11-04]
2026-03-2011,820,429[10-K 2026-03-25]
2026-05-0811,857,086[10-Q 2026-05-13]
2026-08-0711,857,086[10-Q 2026-08-12]
Shelf registration
S-1 filed 2025-11-12; declared effective 2025-12-04 [S-1 2025-11-12]

Listing status

Current status: 2 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-08-14. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2026-08-148-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-08-14]
2026-06-038-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-06-03]

More on deficiency notices and uplistings: Listing status desk.

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.