secwatch.observer — SEC 8-K summary
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Issuer:     JONES SODA CO. (JSDA)
CIK:        0001083522
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001171843-22-007078
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jones Soda Q3 net loss widens to $1.7M; revenue up 5% to $4.8M
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- Net loss of $1.7M vs $59K loss YoY; adjusted EBITDA loss of $1.0M (includes $0.8M cannabis costs).
- Revenue $4.8M (+5% YoY); gross margin fell to 26.9% from 32.0% on higher materials costs.
- Cannabis line (Mary Jones) contributed ~$114K revenue; new 100mg THC beverage launched.
- Cash at $8.2M vs $4.7M Dec 2021; ninth consecutive quarter of YoY revenue growth.
- Supply chain stabilizing; holiday promotions (Turkey & Gravy Challenge, Sugar Cookie Soda) planned.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083522/000117184322007078/0001171843-22-007078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083522/000117184322007078/f8k_110322.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-007078

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer