secwatch.observer — SEC 8-K summary
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Issuer:     JONES SODA CO. (JSDA)
CIK:        0001083522
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001171843-21-007563
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jones Soda Q3 revenue up 29% to $4.6M; net loss narrows; Chastain appointed division president
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- Q3 2021 revenue $4.6M (+29% YoY); gross margin improved 600 bps to 32.0%; net loss fell to $59k from $450k.
- Adjusted EBITDA turned positive to $72k from $(324k); first consecutive positive operating income quarters since 2006.
- Anticipates launching cannabis beverages, edibles, vapes, pre-rolls in Q1 2022 via Pinestar arrangement.
- Board ratified Eric Chastain as President/COO of beverage division, salary raised to $200k; $15k bonus to controller Joe Culp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083522/000117184321007563/0001171843-21-007563-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083522/000117184321007563/f8k_110421.htm
  HTML page:      https://secwatch.observer/filing/0001171843-21-007563

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