Reeds Inc (REED) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.133 Good morning and welcome to Reed's second quarter 2026 earnings conference 00:00:05.133 -- 00:00:09.654 call for the three months ended June 30, 2026. 00:00:09.654 -- 00:00:14.436 My name is Mark and I will be your conference call operator for today. 00:00:14.436 -- 00:00:19.437 Today's call will include prepared remarks from Neil Cohen, Reed's 00:00:19.437 -- 00:00:24.719 interim chief executive officer, and Douglas McCurdy, Reed's chief financial 00:00:24.719 -- 00:00:26.640 officer. 00:00:26.640 -- 00:00:31.287 Following the remarks, We will open the call for questions. 00:00:31.287 -- 00:00:36.651 Before we begin, please take note of the company's cautionary statement. 00:00:36.651 -- 00:00:41.734 Today's call will include forward-looking statements, including statements about Reed's 00:00:41.734 -- 00:00:43.556 business strategy, 00:00:43.556 -- 00:00:49.120 growth initiatives, financial projections, operational improvements, 00:00:49.120 -- 00:00:54.783 the impact of corrective efforts, financing plans, and liquidity. 00:00:54.783 -- 00:01:00.245 These statements are subject to risks and uncertainties that could cause actual results 00:01:00.245 -- 00:01:05.867 to differ materially from those contained in the forward-looking statements. 00:01:05.867 -- 00:01:11.169 Forward-looking statements inherently involve risks and uncertainties and only reflect 00:01:11.169 -- 00:01:17.371 management's view as of today, August 12, 2026. 00:01:17.371 -- 00:01:22.152 Reed says no obligation and does not intend to update these forward-looking statements 00:01:22.152 -- 00:01:25.435 except as required by law. 00:01:25.435 -- 00:01:30.119 For more information, please refer to the risk factors section of the company's annual 00:01:30.119 -- 0...