Highest-materiality recent filing
Jones Soda director Mark Murray resigns from board effective July 13, 2026
Mark Murray resigned from the Board of Directors for personal reasons, effective July 13, 2026.
Jones Soda closes $1.735M private placement, announces additional $765K offering
Closed first tranche: $1.735M gross proceeds from 5.26M units at $0.33/unit.
CFO Brian Meadows's option to purchase 750,000 shares amended to remove milestone conditions.
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.
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.
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.
Jones Soda increases credit facility to $10M via amended loan agreement
Amended Loan Agreement with Two Shores Capital Corp. dated December 1, 2025.
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.
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.
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.
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.
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.
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.
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).
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.
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%.
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.
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.
Jones Soda terminates COO Eric Bittner effective immediately
Eric Bittner, Chief Operating Officer, was terminated on September 23, 2024.
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.
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.
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.
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.
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.
Jones Soda posts investor presentation on website; details unavailable
Company filed an 8-K on May 30, 2024 announcing a new investor presentation.
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.
Re-elected five directors: Mark Murray, Paul Norman, Gregg Reichman, Clive Sirkin, Ronald Dissinger.
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.
Jones Soda hires Eric Bittner as COO; Eric Chastain resigns
Eric Chastain resigned as COO, President of Jones Beverage Division, and Corporate Secretary effective March 12, 2024.
Jones Soda Q4 revenue $3.5M, net loss improves; full-year gross margin up 220 bps
Q4 revenue $3.5M vs $3.7M YoY; net loss $1.5M ($0.02 loss per share) vs $1.6M.
Jones Soda Q3 revenue down 6% to $4.5M; gross margin up 600bps to 32.9%
Revenue of $4.5M vs $4.8M YoY; Mary Jones cannabis revenue $220K (up 93% YoY but down from $400K in Q2).
Jones Soda Q2 revenue $4.8M (-20% YoY) as net loss narrows to $1M; gross margin up 440bps
Revenue $4.8M vs $6.0M YoY; prior year had ~$1M one-time inventory stocking event.
Jones Soda dismisses Armanino, appoints BPB as new auditor after prior control restatement
On July 14, 2023, Jones Soda dismissed Armanino LLP as its independent registered public accounting firm with Audit Committee approval.
Jones Soda appoints David Knight as President and CEO; Mark Murray retires June 23, 2023
Mark Murray retires as CEO effective June 23, 2023; receives severance of $221,346 plus health benefits through 2023.
Jones Soda appoints former Kellogg CFO Ronald Dissinger as director and Audit Committee chair
Dissinger appointed to board and as Audit Committee chair effective May 25, 2023.
All five director nominees elected: Murray, Norman, Reichman, Sirkin, Bronstein with >12M votes each; ~21.3M broker non-votes.
Jones Soda Q1 revenue $3.9M loss improves, margins up 200bps
Revenue down to $3.9M vs $4.5M YoY due to one-time stocking event in prior year.
Director Jamie Colbourne resigns from Jones Soda board effective April 1, 2023
Jamie Colbourne resigned from the Board on April 1, 2023, citing personal reasons.
Jones Soda restates 2021 and 2022 interim financials due to $903k insurance financing error
Audit Committee concludes 2021 annual and Q1/Q2 2022 interim statements should no longer be relied upon.
Jones Soda Q4 revenue up 28% to $3.7M; net loss widens to $1.6M on cannabis costs
Q4 revenue $3.7M (+28% YoY); net loss $1.6M ($0.02 loss per share) vs $1.3M loss year ago.
Jones Soda appoints Gregg Reichman to board of directors
Gregg Reichman appointed to board effective Feb 27, 2023, until next annual meeting of stockholders.
Jones Soda grants 1.8M RSUs to CEO, increases salaries for CFO and COO, awards bonuses and options
CEO Mark Murray granted 1,800,000 RSUs vesting in three tranches: 600k on Feb 15, 2023, 600k on May 15, 2023, 600k on Aug 15, 2024.
CEO Mark Murray rescinds 1.2M RSUs and returns 600K vested shares for zero consideration
Cancelled all 1,200,000 outstanding unvested RSUs granted in May 2022.
Jones Soda Q3 net loss widens to $1.7M; revenue up 5% to $4.8M
Net loss of $1.7M vs $59K loss YoY; adjusted EBITDA loss of $1.0M (includes $0.8M cannabis costs).
Jones Soda director Alex Spiro resigns from board for personal reasons
Alex Spiro resigned from Jones Soda's board effective September 13, 2022.
Jones Soda Q2 revenue up 35% to $6M, net loss $1.4M; cannabis launch beats expectations
Revenue grew 35% to $6.0M vs $4.5M YoY; net loss of $1.4M ($0.02 loss per share) vs net income $0.3M.
Jones Soda and SBBC terminate LOI for business combination due to market conditions
Mutually terminated binding LOI signed April 16, 2022 and amended May 10, 2022.
Jones Soda enters new employment agreement with CEO Mark Murray with $330k salary and RSU grant
Annual base salary of $330,000; eligible for annual cash bonus of at least $100,000 if revenue >= $19.9M and adjusted EBITDA >= ($495,066).
Jones Soda extends SBBC due diligence to May 31, shareholders approve 8x share increase for merger
Due diligence period extended to May 31, 2022 under binding offer with Simply Better Brands Corp.
Jones Soda Q1 revenue +58% to $4.5M; net loss widens to $1.7M on cannabis spend
Revenue $4.5M vs $2.9M YoY (+58%); gross margin improved 40 bps to 27.3%.
On July 13, 2026, Mark Murray informed the Board of Directors (the “Board”) of Jones Soda Co. (the “Company”) that he was retiring from the Board effective immediately for personal reasons.
Effective as of February 5, 2025, the Company’s Board of Directors appointed Scott Harvey, age 63, as the Company’s President and Chief Executive Officer, replacing Paul Norman, who had served as Interim Chief Executive Officer since October 25, 2024.
Effective as of February 5, 2025, the Company’s Board of Directors appointed Brian Meadows, age 60, as the Company’s Chief Financial Officer, replacing Paul Norman, who had served as Interim Chief Financial Officer since November 12, 2024.
replacing Paul Norman, who had served as Interim Chief Executive Officer since October 25, 2024.
replacing Paul Norman, who had served as Interim Chief Financial Officer since November 12, 2024.
was replaced by Ronald Dissinger, a director on the Board of Directors of the Company (the “Board”), who will serve as Interim Chief Financial Officer of the Company effective as of November 4, 2024.
Effective as of November 4, 2024, Joe Culp, the Director of Finance and Interim Chief Financial Officer of Jones Soda Co. (the “Company”) resigned from the Company
Effective as of October 25, 2024, David Knight, the President and Chief Executive Officer of Jones Soda Co. (the “Company”) departed the Company being replaced by Paul Norman, the Chairman of the Board of Directors of the Company, who will serve as Interim President and Chief Executive Officer of the Company effective as of October 25, 2024.
Effective as of October 25, 2024, David Knight, the President and Chief Executive Officer of Jones Soda Co. (the “Company”) departed the Company being replaced by Paul Norman, the Chairman of the Board of Directors of the Company, who will serve as Interim President and Chief Executive Officer of the Company effective as of October 25, 2024.
On September 23, 2024, Jones Soda Co. (the “Company”) terminated the employment of Eric Bittner, Chief Operating Officer of the Company, effective immediately.
Mr. Chastain resigned as the Company’s Chief Operating Officer, President of the Jones Beverage Division and Corporate Secretary, effective March 12, 2024.
Mr. Bittner, age 44, has been hired as the Company’s Chief Operating Officer, effective March 12, 2024.
Max materiality 0.85 · Median 0.60 · Most common event other_material