Core Viewpoint - Splash Beverage Group Inc. (NASDAQ:SBEV) experienced a significant stock price increase of 40.52% in after-hours trading, reaching $1.05, despite a prior decline of 17.25% during regular trading hours [1] Financial Performance - For the third quarter ended September 30, SBEV reported no net revenue, a decrease from $981,858 in the same quarter of the previous year [2] - For the nine months ending September 30, net revenue fell to $438,272 from $3.57 million a year earlier [2] - The company recorded a net loss of $9.89 million for the third quarter, translating to a loss of $4.51 per share [3] Water Rights Acquisition - In June, SBEV acquired water extraction rights to a Costa Rican aquifer, valued at $20 million, by issuing 20,000 shares of Series C preferred stock [4] - The company received a purchase order from a customer in the UAE, which will require approximately $4 million to fulfill [4] Capital Structure Shift - Total assets increased to $22.49 million as of September 30, up from $2.76 million at the end of 2024 [5] - Stockholders' equity became positive at $6.78 million, compared to a previous deficit of $18.63 million [5] - As of November 19, there were 2,550,694 shares of common stock issued and outstanding [5] Stock Performance - Over the past year, SBEV's stock has declined by 91.1% [6] - The stock has an annual trading range of $0.74 to $13.59 and a market capitalization of $1.78 million [6] - Benzinga Edge Stock Rankings indicate a negative price trend for SBEV across all time frames [6]