{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-008379","form_type":"8-K","ticker":"JSDA","cik":"0001083522","company_name":"JONES SODA CO.","filed_at":"2023-03-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.814976+00:00","generated_at":"2026-06-17T09:56:36.852988+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Jones Soda restates 2021 and 2022 interim financials due to $903k insurance financing error","bullets":["Audit Committee concludes 2021 annual and Q1/Q2 2022 interim statements should no longer be relied upon.","Error: failure to record $903k prepaid asset and liability from IPFS insurance premium financing agreement.","Restatement increases current assets and liabilities by $903k (Dec 2021), $597k (Mar 2022), $289k (Jun 2022); no P&L impact.","Company will include restated financials in 2022 10-K expected March 29, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-008379","json":"https://secwatch.observer/filing/0001437749-23-008379.json","markdown":"https://secwatch.observer/filing/0001437749-23-008379.md","text":"https://secwatch.observer/filing/0001437749-23-008379.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083522/000143774923008379/0001437749-23-008379-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083522/000143774923008379/jsda20230329_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T09:56:36.852988+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":"75492db5df1e24de6609052058a8079bddd93848","claim":"JONES SODA CO. reported that prior financial statements should not be relied upon.","evidence_excerpt":"On March 28, 2023, the Audit Committee of the Board of Directors (the \"Audit Committee\") of Jones Soda Co. (the \"Company\") in consultation with the management of the Company and the Company’s independent registered public accounting firm, Armanino LLP, reached a determination that the Company’s consolidated financial statements and related disclosures for the year ended December 31, 2021, included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (the \"SEC\") on March 14, 2022, and for each of the quarterly and year-to-date periods ended March 31, 2022 and June 30, 2022, should no longer be relied upon because of a certain misstatement contained in those condensed consolidated financial statements.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1083522/000143774923008379/0001437749-23-008379-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"},{"label":"Auditor","value":"Armanino LLP"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}