Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Splash Beverage Group Reports First Quarter 2025 Results; Highlights Major Balance Sheet Transformation and Strategic Milestones

First Quarter 2025 Financial Update

As disclosed in the Company’s Quarterly Report on Form 10-Q filed with the SEC on July 11, 2025, financial results for the first quarter reflected the Company’s transition period as it addressed prior liquidity constraints. These factors affected sales activity and financial performance during the quarter. However, subsequent balance sheet improvements and strategic initiatives have positioned the Company to pursue opportunities with an improved financial foundation.

Balance Sheet Strengthening and Strategic Developments

Following March 31, 2025, the Company executed several transactions aimed at enhancing its financial position:

  • Debt Reduction: Splash exchanged approximately $12.7 million of outstanding convertible notes and accrued interest for newly designated preferred equity, significantly reducing debt obligations and improving shareholder equity.
  • Strategic Asset Acquisition: The Company issued $20 million of preferred shares to acquire contractual and governmental water rights associated with a volcanic aquifer located in Garabito, Puntarenas, Costa Rica. Testing of the spring water from the aquifer indicates exceptional purity, naturally occurring electrolytes, and a stable, alkaline pH of 7.8. These rights represent a strategic asset supporting potential future initiatives and further strengthens the Company’s balance.

Leadership Updates

During the quarter, Splash appointed William Devereux as Chief Financial Officer. Mr. Devereux brings extensive capital markets and corporate finance experience, supporting the Company’s efforts to strengthen its financial structure and pursue growth opportunities. Additionally, Tom Fore joined the Company’s Board of Directors as Chair of the Audit Committee, further enhancing governance and oversight.

Operational Continuity

Despite recent challenges, Splash has maintained its core team and operational infrastructure. Management believes the Company is positioned to resume broader commercial activities as liquidity improves.

Management Commentary

“We recognize the challenges our shareholders have experienced as we worked through limited liquidity,” said Bill Meissner, President and Chief Marketing Officer. “The transactions we’ve completed in recent months represent important steps to improve our balance sheet, reduce debt, and position Splash for future opportunities.”

“I’m pleased to join Splash at this pivotal stage,” added William Devereux, Chief Financial Officer. “With an improved capital structure and enhanced governance, we are focused on executing strategies that support long-term shareholder value.”

About Splash Beverage Group, Inc.

Splash Beverage Group, Inc. owns and operates a portfolio of alcoholic and non-alcoholic beverage brands, including Copa di Vino wine by the glass, Chispo tequilas, and Pulpoloco sangria. The Company’s strategy includes developing early-stage brands, as well as acquiring and accelerating brands with established market presence or category innovation. Led by an experienced management team, Splash is focused on expanding its portfolio and global distribution network.

For more information, visit:

Follow Splash Beverage Group on Twitter: www.twitter.com/SplashBev

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of U.S. federal securities laws. Forward-looking statements reflect management’s current expectations and assumptions regarding future events and performance, and they involve risks and uncertainties. Actual results may differ materially from those expressed or implied in these statements due to various factors, including but not limited to risks disclosed in the Company’s filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The Company undertakes no obligation to update any forward-looking statements, except as required by applicable law.

SBEV has 1,552,693 shares issued and outstanding with a float of 1,381,427 shares.

Contact Information:
Splash Beverage Group / 954-745-5815
Info@SplashBeverageGroup.com

Dennis Burns / 567-237-4132
dburns@SplashBeverageGroup.com

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.