Jones Soda Q4 revenue falls 20% YoY; full-year net loss doubles to $9.9M

JONES SODA CO.

2025-Q1 EPS reported -$0.01 revenue$4,608,000

Q4 revenue $2.8M vs $3.5M a year ago; net loss $4.6M ($0.04/sh) vs $1.5M ($0.02/sh).
Full-year 2024 revenue $19.1M (+15% YoY); net loss $9.9M ($0.09/sh) vs $4.9M ($0.05/sh).
Adjusted EBITDA $(4.4)M in Q4 and $(8.7)M for the full year, including ~$2M in one-time litigation and inventory write-down costs.
Beverage segment revenue $2.6M in Q4; HD9 products generated $0.5M in Q4 vs nil in Q4 2023.
Appointed Scott Harvey CEO and Brian Meadows CFO in early 2025; secured $5M revolving credit facility in Feb 2025.

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