other material
confidence high
sentiment negative
materiality 0.65
JONES SODA CO. (JSDA): auditor change — Jones Soda dismisses auditor BPB, appoints Davidson & Company; cites material weaknesses
JONES SODA CO.
- On Oct. 9, 2025, the company dismissed BPB and appointed Davidson & Company LLP as independent auditor, effective immediately.
- No disagreements existed with BPB on accounting principles or audit scope during 2023-2025 interim periods.
- BPB's reports on fiscal 2023-2024 financials contained no adverse opinion or qualification.
- Material weaknesses identified: key senior accounting personnel turnover and insufficient resources/training in accounting department.
- The weaknesses were disclosed in prior 10-K/Q filings for FY2024 and Q1-Q2 2025.