---
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"
generated_at: "2026-06-11T21:17:53.326240+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Jones Soda Q2 revenue $4.8M (-20% YoY) as net loss narrows to $1M; gross margin up 440bps

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-005152
- JSON: https://secwatch.observer/filing/0001171843-23-005152.json
- Plain text: https://secwatch.observer/filing/0001171843-23-005152.txt

## Key facts
- Earnings Releases
  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.
  - Period: the quarter ended June 30, 2023
  - Revenue: $4.8 million
  - Net income: net loss of $1.0 million
  - EPS: $(0.01) per share
  - Result: reported results
  source text: Revenue was $4.8 million compared to $6.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083522/000117184323005152/0001171843-23-005152-index.htm
- Earnings Releases
  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.
  - Period: the quarter ended June 30, 2023
  - Revenue: $4.8 million
  - Net income: net loss of $1.0 million
  - EPS: $(0.01) per share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1083522/000117184323005152/0001171843-23-005152-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.