secwatch.observer — SEC 8-K summary
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Issuer:     JONES SODA CO. (JSDA)
CIK:        0001083522
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001171843-24-002859
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jones Soda Q1 revenue up 29% to $5.0M; net loss narrows to $1.2M
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- Revenue $5.0M vs $3.9M (+29%); highest Q1 since 2009.
- Gross margin 37.8%, up 850 bps from 29.3%.
- Net loss improved to $1.2M ($0.01/sh) from $1.4M.
- Mary Jones cannabis revenue grew to ~$600K from ~$200K.
- Cash $2.8M; received $2.0M revolving credit commitment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083522/000117184324002859/0001171843-24-002859-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083522/000117184324002859/f8k_051424.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-002859

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