UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2021 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38754 THE ALKALINE WATER COMPANY INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or (I.R.S. Employer Identifica ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-38754 THE ALKALINE WATER COMPANY INC. (Exact name of registrant as specified in its charter) Nevada 99-0367049 (State or other jurisdiction of incorporation or (I.R.S. ...

The Alkaline Water Company Inc. (OTC:WTER) Q1 2022 Results Conference Call August 16, 2021 5:00 PM ET Company Participants Jeff Wright - Director, IR Ricky Wright - President and CEO David Guarino - CFO Conference Call Participants Luke Hannan - Canaccord Genuity Aaron Grey - Alliance Global Partners Operator Greetings, and welcome to The Alkaline Water Company First Quarter Fiscal Year 2022 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will fol ...

[PART I - FINANCIAL INFORMATION](index=3&type=section&id=PART%20I%20-%20FINANCIAL%20INFORMATION) [Item 1. Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) The company reported a 5% revenue increase to $14.1 million but a doubled net loss of $7.4 million for the quarter ended June 30, 2021 - The company's financial statements have been prepared on a going concern basis, but its history of losses and negative cash flow from operations raise **substantial doubt about its ability to continue as a going concern** without raising additional capital[27](index=27&type=chunk) - The company's product line includes bottled alkaline water and hemp-derived CBD topical and ingestible products under the brand "A88CBD™"[18](index=18&type=chunk) - Subsequent to the quarter end, the company completed a private placement for gross proceeds of nearly **$5.0 million** and raised approximately **$6.0 million** from warrant exercises[72](index=72&type=chunk)[75](index=75&type=chunk) [Consolidated Balance Sheets](index=4&type=section&id=Consolidated%20Balance%20Sheets) Total assets decreased to $22.2 million while total liabilities increased to $15.0 million as of June 30, 2021, reducing stockholders' equity Consolidated Balance Sheet Highlights (unaudited) | Balance Sheet Item | June 30, 2021 | March 31, 2021 | | :--- | :--- | :--- | | Cash | $4,497,905 | $9,130,956 | | Total Current Assets | $21,037,139 | $23,271,259 | | Total Assets | $22,177,093 | $24,550,609 | | Total Current Liabilities | $14,741,704 | $13,244,041 | | Total Liabilities | $14,969,046 | $13,536,623 | | Total Stockholders' Equity | $7,208,047 | $11,013,986 | [Consolidated Statement of Operations](index=5&type=section&id=Consolidated%20Statement%20of%20Operations) Quarterly revenue grew 5% to $14.1 million, but higher operating expenses drove a net loss of $7.4 million, or $0.08 per share Quarterly Operating Results (unaudited) | Metric | Three Months Ended June 30, 2021 | Three Months Ended June 30, 2020 | | :--- | :--- | :--- | | Revenue | $14,113,578 | $13,432,310 | | Gross Profit | $4,802,567 | $4,837,469 | | Total Operating Expenses | $12,120,774 | $7,668,148 | | Operating Loss | $(7,318,207) | $(2,830,679) | | Net Loss | $(7,425,626) | $(3,021,003) | | Loss Per Share (Basic and Diluted) | $(0.08) | $(0.05) | [Consolidated Statements of Cash Flows](index=8&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) Net cash used in operations increased significantly to $6.1 million, resulting in a net cash decrease of $4.6 million for the quarter Cash Flow Summary (unaudited) | Cash Flow Activity | Three Months Ended June 30, 2021 | Three Months Ended June 30, 2020 | | :--- | :--- | :--- | | Net Cash Used in Operating Activities | $(6,055,313) | $(1,405,671) | | Net Cash Used in Investing Activities | $(61,444) | $(68,519) | | Net Cash Provided by Financing Activities | $1,483,706 | $2,530,270 | | Net Change in Cash | $(4,633,051) | $1,056,080 | | Cash at End of Period | $4,497,905 | $5,617,762 | [Notes to Condensed Consolidated Financial Statements](index=9&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Notes reveal significant customer concentration, a key endorsement deal with Shaquille O'Neal, and major post-quarter financing activities - The company has significant customer concentration, with **two customers accounting for 36% of total revenues** for the quarter ended June 30, 2021[33](index=33&type=chunk) - On May 12, 2021, the company entered into an endorsement agreement with an entity affiliated with Shaquille O'Neal, which includes **$3 million in cash payments** over three years and a grant of **6,681,090 shares of Series S Preferred Stock**[57](index=57&type=chunk)[58](index=58&type=chunk) - On July 6, 2021, the company completed a private placement of subscription receipts for gross proceeds of approximately **$5.0 million**[72](index=72&type=chunk)[73](index=73&type=chunk) - Between June 30, 2021, and August 16, 2021, the company issued 4,761,688 shares from warrant exercises, receiving total proceeds of approximately **$6 million**[75](index=75&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=20&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the drivers of revenue growth and increased net loss, operational impacts of COVID-19, and its liquidity position [Results of Operations](index=21&type=section&id=Results%20of%20Operations) Quarterly revenue rose 5% to $14.1 million due to expanded distribution, while operating expenses surged from doubled sales and marketing costs Revenue and Gross Profit Comparison | Metric | Three Months Ended June 30, 2021 | Three Months Ended June 30, 2020 | | :--- | :--- | :--- | | Revenue | $14,113,578 | $13,432,310 | | Cost of goods sold | $9,311,011 | $8,594,841 | | Gross profit | $4,802,567 | $4,837,469 | - The increase in sales is attributed to expanded distribution to additional retailers and increased demand[85](index=85&type=chunk) - Sales and marketing expenses increased significantly to **$7,156,400** from $3,718,231 year-over-year, due to higher sales costs and brand ambassador expenses[87](index=87&type=chunk)[88](index=88&type=chunk) [Liquidity and Capital Resources](index=22&type=section&id=Liquidity%20and%20Capital%20Resources) Working capital decreased to $6.3 million, with the company relying on credit facilities, an ATM offering, and recent financing to meet cash needs Working Capital | | June 30, 2021 | March 31, 2021 | | :--- | :--- | :--- | | Current assets | $21,037,139 | $23,271,259 | | Current liabilities | $14,741,704 | $13,244,041 | | Working capital | $6,295,435 | $10,027,218 | - The increase in net cash used in operating activities was primarily due to an increased net loss of approximately **$4.4 million**[94](index=94&type=chunk) - The company has a sales agreement for an "at the market offering" to sell up to **$20,000,000** in shares of its common stock[100](index=100&type=chunk) - Management believes cash on hand and anticipated funds will adequately fund operations for the next 12 months[101](index=101&type=chunk) [Item 4. Controls and Procedures](index=24&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were not effective as of June 30, 2021, due to previously disclosed material weaknesses - Based on an evaluation by management, the company's disclosure controls and procedures were concluded to be **not effective** as of the end of the period[105](index=105&type=chunk) - The ineffectiveness was due to **material weaknesses** in internal control over financial reporting previously disclosed in the Form 10-K[105](index=105&type=chunk) [PART II - OTHER INFORMATION](index=25&type=section&id=PART%20II%20-%20OTHER%20INFORMATION) [Item 1. Legal Proceedings](index=25&type=section&id=Item%201.%20Legal%20Proceedings) The company reports it is not a party to any material pending legal proceedings - The company knows of **no material pending legal proceedings** to which it or its subsidiaries are a party[108](index=108&type=chunk) [Item 1A. Risk Factors](index=25&type=section&id=Item%201A.%20Risk%20Factors) No material changes have occurred to the risk factors disclosed in the company's most recent Annual Report on Form 10-K - There have been **no material changes** since July 6, 2021, from the risk factors disclosed in the company's Form 10-K[110](index=110&type=chunk) [Item 6. Exhibits](index=26&type=section&id=Item%206.%20Exhibits) This section lists filed exhibits, including material contracts like the Shaquille O'Neal endorsement agreement and required officer certifications - The exhibits include the Endorsement Agreement with ABG-Shaq, LLC (Shaquille O'Neal), various financing agreements, and officer certifications[116](index=116&type=chunk)

The Alkaline Water Company Inc. (OTC:WTER) Q4 2021 Earnings Conference Call July 6, 2021 8:30 AM ET Company Participants Richard Wright - President, Chief Executive Officer and Chief Operating Officer David Guarino - Chief Financial Officer, Secretary and Treasurer Conference Call Participants Luke Hannan - Canaccord Operator Greetings, and welcome to The Alkaline Water Company Fiscal 2021 Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will f ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: March 31, 2021 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________ to __________________ Commission file number: 001-38754 THE ALKALINE WATER COMPANY INC. (Exact name of registrant as specified in its charter) ...

The Alkaline Water Company Inc. (OTC:WTER) Q3 2021 Earnings Conference Call February 16, 2021 5:00 PM ET Company Participants Sajid Daudi - Director of Investor Relations Ricky Wright - President & Chief Executive Officer David Guarino - Chief Financial Officer Conference Call Participants David Bain - ROTH Capital Luke Hannan - Canaccord Genuity Kevin Dede - H.C.W. Operator Greetings, and welcome to The Alkaline Water Company's Fiscal 2021 Third Quarter Results Conference Call. At this time, all participan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2020 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38754 THE ALKALINE WATER COMPANY INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or (I.R.S. Employer Identifica ...

THE ALKALINE WATER COMPANY December 2020 NASDAQ: WTER | CSE: WTER Corporate Presentation Cautionary Note Regarding Forward-Looking Statement and Health Claims This presentation contains forward-looking statements relating The Alkaline Water Company Inc. (the "Company"). Statements in this presentation that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, amon ...

The Alkaline Water Company Inc. (OTC:WTER) Q2 2021 Earnings Conference Call November 16, 2020 5:00 PM ET Company Participants Sajid Daudi - Director of Investor Relations and Corporate Communications Richard Wright - President, Chief Executive Officer, Chief Operating Officer and Director David Guarino - Chief Financial Officer, Secretary, Treasurer and Director Conference Call Participants Luke Hannan - Canaccord Genuity Operator Greetings and welcome to The Alkaline Water Company to discuss Fiscal 2021 Se ...