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Jones Soda amends CFO Brian Meadows's option grant, removes milestone conditions, sets 3-year vesting
CFO Brian Meadows's option to purchase 750,000 shares amended to remove milestone conditions.
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Jones Soda Q4 revenue up 450% to $11.7M; guides FY2026 revenue >$40M
Q4 2025 revenue $11.7M (+450% YoY); adjusted EBITDA positive $0.5M vs -$2.7M prior year.
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Jones Soda sells promissory note for $1.4M cash, issues 550k warrants at $0.40
Assigned promissory note (original $2.51M) to Two Shores Capital for $1.4M cash.
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Jones Soda hires COO and CMO, expands credit facility to $10M
Darcey Macken named COO; base salary $300k, 1.2M options vesting over 4 years.
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Jones Soda increases credit facility to $10M via amended loan agreement
Amended Loan Agreement with Two Shores Capital Corp. dated December 1, 2025.
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Jones Soda dismisses auditor BPB, appoints Davidson & Company; cites material weaknesses
On Oct. 9, 2025, the company dismissed BPB and appointed Davidson & Company LLP as independent auditor, effective immediately.
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Jones Soda to grant CFO options for 750,000 shares upon milestones
On Sept 9, 2025, Jones Soda agreed to grant CFO Brian Meadows options for 750,000 common shares upon completion of milestones.
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Jones Soda shareholders re-elect all five directors, approve say-on-pay and auditor ratification
All five board nominees (Norman, Dissinger, Sirkin, Reichman, Murray) elected with 24.5M–27.3M votes for each; 10–11M votes withheld.
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Jones Soda sells cannabis Mary Jones subsidiaries for $3M; VP Gabe Carimi departs
Sold all equity of Mary Jones Holdings and Mary Jones Beverage (Canada) to MJ Reg Disruptors for $3M cash & note plus ~$61k inventory.
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Jones Soda Q1 revenue down 8% to $4.6M, net loss narrows to $0.9M
Revenue $4.6M vs $5.0M YoY; beverages segment $4.2M, cannabis $0.4M.
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Jones Soda issues $450K promissory note to chairman Paul Norman at 12% interest
Unsecured $450,000 note from Chairman Paul Norman, interest 12% per annum, maturity October 10, 2025.
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Jones Soda Q4 revenue falls 20% YoY; full-year net loss doubles to $9.9M
Q4 revenue $2.8M vs $3.5M a year ago; net loss $4.6M ($0.04/sh) vs $1.5M ($0.02/sh).
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Jones Soda appoints new CEO/CFO and secures $5M credit facility with 13.75% interest
Scott Harvey appointed CEO (salary $350k, 4M stock options vesting over 4 years); replaces interim CEO Paul Norman.
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Jones Soda Q3 revenue down to $4.2M, net loss widens to $2.6M; appoints Paul Norman as interim CFO
Revenue $4.2M vs $4.5M YoY; gross margin fell from 32.9% to 21.2%.
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Jones Soda CFO resigns; board member Ronald Dissinger named interim CFO
Joe Culp resigned as Director of Finance and Interim CFO effective Nov 4, 2024.
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Jones Soda CEO David Knight departs; Chairman Paul Norman appointed interim CEO
Effective Oct 25, 2024, David Knight departed as President and CEO; Paul Norman named Interim President and CEO.
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Jones Soda terminates COO Eric Bittner effective immediately
Eric Bittner, Chief Operating Officer, was terminated on September 23, 2024.
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Jones Soda closes $4.4M private placement; final tranche of units at $0.40 per unit
Total gross proceeds of $4,403,960 raised across three tranches; final tranche closed Aug 21, 2024.
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Jones Soda Q2 revenue up 49% to $7.2M; net loss widens; raises $3.2M in private placement
Revenue $7.2M vs $4.8M YoY; highest Q2 revenue since 2009.
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Jones Soda raises $3.65M through private placement of units at $0.40/unit
First tranche closed July 26: 7,535,000 units at $0.40, gross $3,013,960.
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Jones Soda upsizes private placement to $5M; offering 12.5M units at $0.40
Offering increased from $4M to $5M; units composed of 1 common share + 1/2 warrant.
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Jones Soda upsizes private placement to $4M; offers units at $0.40 with warrants
Initial offering of 7.5M units at $0.40/unit for $3M gross proceeds upsized to 10M units for $4M.
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Jones Soda posts investor presentation on website; details unavailable
Company filed an 8-K on May 30, 2024 announcing a new investor presentation.
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Jones Soda enters $2M secured loan facility with Amerisource Funding Inc.
Maximum borrowing of $2M, secured by first-priority lien on all assets of Jones Soda and its US subsidiaries.
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Jones Soda shareholders elect directors, approve executive compensation and auditor at annual meeting
Re-elected five directors: Mark Murray, Paul Norman, Gregg Reichman, Clive Sirkin, Ronald Dissinger.
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Jones Soda Q1 revenue up 29% to $5.0M; net loss narrows to $1.2M
Revenue $5.0M vs $3.9M (+29%); highest Q1 since 2009.