secwatch.observer — SEC 8-K summary
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Issuer:     JONES SODA CO. (JSDA)
CIK:        0001083522
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001171843-24-001351
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jones Soda Q4 revenue $3.5M, net loss improves; full-year gross margin up 220 bps
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- Q4 revenue $3.5M vs $3.7M YoY; net loss $1.5M ($0.02 loss per share) vs $1.6M.
- Full year 2023 revenue $16.7M vs $19.1M; gross margin 29.1% vs 26.9% (+220 bps).
- Mary Jones cannabis revenue doubled to $1.2M for full year; Q4 cannabis revenue $438K.
- Appointed Eric Bittner as COO; new food service division led by Victor Petrone; new distribution partners.
- Launched Nuka Cola with Amazon; Spiked Jones (malt beverage) in production, expected launch April 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083522/000117184324001351/0001171843-24-001351-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083522/000117184324001351/f8k_031424.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-001351

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