United States Securities and Exchange Commission · EDGAR Accession 0001994247-26-000001

Form C-AR

Annual Report — Regulation Crowdfunding
Issuer CIK 1994247
Period 2025-12-31

Reel Products, Inc.

OtherDEIncorporated 2018Santa Monica, CAreelpaper.com
B

Financial Condition

two fiscal years, as filed
Revenue +20% YoYBurn decreasingDebt / assets 176%10 employees
Line itemMost recent FYPrior FYΔ
Revenue24,372,95820,307,370▲ 20%
Cost of goods sold15,160,38610,407,481▲ 46%
Net income(1,043,731)(2,921,573)▲ burn
Total assets9,401,4954,464,070▲ 111%
Cash & equivalents2,41575,639▼ 97%
Accounts receivable3,561,7431,938,380▲ 84%
Short-term debt7,811,4454,573,527▲ 71%
Long-term debt8,777,7196,034,481▲ 45%
Taxes paid00

Figures in USD as reported by the issuer.