---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-006954"
form_type: "8-K"
ticker: "JSDA"
cik: "0001083522"
company_name: "JONES SODA CO."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:02:34.438088+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Jones Soda Q3 revenue down 6% to $4.5M; gross margin up 600bps to 32.9%

## Summary
- Revenue of $4.5M vs $4.8M YoY; Mary Jones cannabis revenue $220K (up 93% YoY but down from $400K in Q2).
- Net loss improved to $0.9M ($0.01/share) from $1.7M ($0.02/share); Adjusted EBITDA loss narrowed to $862K.
- Gross margin expanded to 32.9% from 26.9% due to supply-chain optimization and pricing adjustments.
- Cash at quarter end $5.2M, down from $8.0M at Dec 2022; Mary Jones expansion into WA, MI, NV progressing.
- Core bottled soda faced headwinds in food-service and slower grocery-channel velocity.

## SEC filing metadata
- accession: 0001171843-23-006954
- form_type: 8-K
- ticker: JSDA
- cik: 0001083522
- company_name: JONES SODA CO.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083522/000117184323006954/0001171843-23-006954-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083522/000117184323006954/f8k_110923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-006954
- JSON: https://secwatch.observer/filing/0001171843-23-006954.json
- Plain text: https://secwatch.observer/filing/0001171843-23-006954.txt

## Key facts
- Earnings Releases
  JONES SODA CO. reported third quarter ended September 30, 2023 results: revenue $4.5 million, net income $0.9 million, or $(0.01) per share, EPS $(0.01) per share.
  - Period: third quarter ended September 30, 2023
  - Revenue: $4.5 million
  - Net income: $0.9 million, or $(0.01) per share
  - EPS: $(0.01) per share
  - Result: reported results
  source text: photo labels, announced its financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Summary vs. Year-Ago Quarter Revenue was $4.5 million compared to $4.8 million. The third quarter of 2023 included approximately $220,000 in revenue from the Company’s Mary Jones cannabis business. Gross profit as a percentage of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083522/000117184323006954/0001171843-23-006954-index.htm

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