secwatch.observer — SEC 8-K summary
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Issuer:     JONES SODA CO. (JSDA)
CIK:        0001083522
Form:       8-K
Filed at:   2025-04-01T23:59:59+00:00
Accession:  0001641172-25-002007
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083522/000164117225002007/0001641172-25-002007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083522/000164117225002007/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-002007

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