secwatch.observer — SEC 8-K summary
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Issuer:     JONES SODA CO. (JSDA)
CIK:        0001083522
Form:       8-K
Filed at:   2025-05-16T23:59:59+00:00
Accession:  0001641172-25-011143
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jones Soda Q1 revenue down 8% to $4.6M, net loss narrows to $0.9M
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- Revenue $4.6M vs $5.0M YoY; beverages segment $4.2M, cannabis $0.4M.
- Net loss improved to $0.9M ($0.01/share) from $1.2M; adjusted EBITDA -$0.6M (up 39%).
- New CEO Scott Harvey and CFO Brian Meadows appointed; $5M credit facility secured.
- Launched Jones Zero Cola in 10,000+ stores; HD9 sales $0.9M for 4th consecutive quarter.
- Cannabis segment expanded to Missouri via partnership with CLOVR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083522/000164117225011143/0001641172-25-011143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083522/000164117225011143/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-011143

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