{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-005152","form_type":"8-K","ticker":"JSDA","cik":"0001083522","company_name":"JONES SODA CO.","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.101395+00:00","generated_at":"2026-06-11T21:17:53.326240+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Jones Soda Q2 revenue $4.8M (-20% YoY) as net loss narrows to $1M; gross margin up 440bps","bullets":["Revenue $4.8M vs $6.0M YoY; prior year had ~$1M one-time inventory stocking event.","Gross margin 32.4% vs 28.0% (+440bps) driven by pricing and lower freight/raw material costs.","Net loss $(1.0M) or $(0.01)/share, improved from $(1.4M) or $(0.02)/share YoY.","Cannabis segment generated ~$400K in Q2, up from $200K in Q1; expects to be operational in 3 new states by year-end.","Adjusted EBITDA improved to $(729K) from $(1.1M) YoY; CEO cites operational progress and margin expansion."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-005152","json":"https://secwatch.observer/filing/0001171843-23-005152.json","markdown":"https://secwatch.observer/filing/0001171843-23-005152.md","text":"https://secwatch.observer/filing/0001171843-23-005152.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083522/000117184323005152/0001171843-23-005152-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083522/000117184323005152/f8k_080923.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T21:17:53.326240+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a3dba54b85b2c8340e6de4edc6922a286455d954","claim":"JONES SODA CO. reported the quarter ended June 30, 2023 results: revenue $4.8 million, net income net loss of $1.0 million, EPS $(0.01) per share.","evidence_excerpt":"Revenue was $4.8 million compared to $6.0 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1083522/000117184323005152/0001171843-23-005152-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$4.8 million"},{"label":"Net income","value":"net loss of $1.0 million"},{"label":"EPS","value":"$(0.01) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a3dba54b85b2c8340e6de4edc6922a286455d954","claim":"JONES SODA CO. reported the quarter ended June 30, 2023 results: revenue $4.8 million, net income net loss of $1.0 million, EPS $(0.01) per share.","evidence_excerpt":"user-submitted photo labels, announced its financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Summary vs. Year-Ago Quarter Revenue was $4.8 million compared to $6.0 million. The second quarter of 2023 included approximately $400,000 in revenue from the Company’s new cannabis business. Gross profit as a percentage of revenue","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1083522/000117184323005152/0001171843-23-005152-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$4.8 million"},{"label":"Net income","value":"net loss of $1.0 million"},{"label":"EPS","value":"$(0.01) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}