Accessibility StatementSkip Navigation SEATTLE, Nov. 17, 2025 /PRNewswire/ - Jones Soda Co. (CSE: JSDA) (OTCQB: JSDA) ("Jones Soda" or the "Company"), today announced its financial results for the third quarter ended September 30, 2025. Third Quarter 2025 Financial Summary vs. Year-Ago Quarter Third Quarter 2025 and Recent Activity Update Management Commentary "This quarter, we expanded our Zero Sugar lineup, added new distribution channels, and launched several initiatives designed to accelerate sales," s ...

Accessibility StatementSkip Navigation Please call the conference telephone number five minutes before the start time. An operator will register your name and organization. If you have any difficulty connecting to the call, please contact Gateway Group at 1- 949-574-3860. A telephonic replay of the conference call will be available after 12:30 p.m. Eastern time on the same day through December 1, 2025. Toll-free replay number: 1-844-512-2921International replay number: 1-412-317-6671Replay ID: 13757135 Abou ...

Core Viewpoint - Jones Soda Co. will participate in the 2025 Gateway Conference, showcasing its commitment to engaging with investors and analysts [1][2]. Company Overview - Jones Soda Co. is a leading craft soda manufacturer with a subsidiary focused on cannabis products, marketing premium craft sodas under the Jones® Soda brand and cannabis products under the Mary Jones brand [3]. - The company's products are distributed across North America in various formats, including glass bottles, cans, and fountain drinks through traditional beverage outlets and restaurants [3]. - Jones Soda is headquartered in Seattle, Washington [3]. Conference Participation - CEO Scott Harvey and CFO Brian Meadows are scheduled to present on September 3 at 8:30 am Pacific Time, with the presentation available for live webcast and replay [2]. - The company will also conduct one-on-one meetings with investors and analysts during the conference [2].

Core Insights - Jones Soda Co. has launched a limited-time 12-pack variety case in select Costco locations across the Southeast U.S. and Puerto Rico, expanding its club channel presence [1][2] - The 12-pack includes four popular flavors: Orange & Cream, Cream Soda, Green Apple, and Berry Lemonade, packaged in 12 oz glass bottles, aiming to attract both loyal customers and new shoppers [2][3] - The launch is part of a broader retail growth strategy, which includes diversifying the product portfolio with new offerings like Pop Jones and Zero Sugar formats to meet evolving consumer preferences [4] Strategic Regional Entry - The Southeast launch targets key Costco locations in Georgia, Florida, North & South Carolina, Tennessee, Alabama, and Puerto Rico, indicating a strategic entry into eight markets [3][7] - The CEO of Jones Soda Co. highlighted strong consumer demand for differentiated beverage options in the club channel, emphasizing the scalability of the brand in a premium multipack format [3] Growth Platform - The expansion into Costco is aligned with the company's strategy to grow its footprint in high-velocity retail environments, including grocery, specialty, convenience, and direct-to-consumer channels [4] - The company aims to enhance its market presence by leveraging its unique brand identity, which includes clean label credentials with real cane sugar and no high fructose corn syrup [8]

Core Viewpoint - Jones Soda Co. reported a return to positive net income in Q2 2025, primarily due to the sale of its Cannabis business, indicating a strategic turnaround and focus on its core beverage operations [5][10]. Financial Summary - Revenue for Q2 2025 was $4.9 million, down from $6.7 million in the same period last year, attributed to a one-time pipeline fill in Q2 2024 [6][8]. - Gross profit decreased to $1.6 million from $2.3 million year-over-year, driven by lower sales revenue [7][10]. - Net income for Q2 2025 was $2.6 million, or $0.02 per share, compared to a net loss of $1.6 million, or $(0.02) per share, in the prior year [8][10]. - Adjusted EBITDA improved to $(0.5) million from $(1.2) million, reflecting a 56% improvement year-over-year [10][22]. Recent Activities - The company announced the sale of its cannabis beverage business to MJ Reg Disrupters LLC for $3 million [8]. - HD9 product sales increased to $0.8 million from $0.6 million in Q2 2024 [8]. - Jones Soda plans to expand into the Club Channel in Q3 with its 12oz glass bottle [8]. - Strong demand was noted for direct-to-consumer sales from Crayola and Fallout offerings, with a unique offering planned for Q4 [8]. Cost Management - Total operating expenses decreased to $2.4 million from $4.0 million year-over-year, attributed to effective cost management and supply chain optimization [9][10]. - Selling and marketing expenses were reduced to $1.06 million from $1.685 million, and general and administrative expenses decreased to $1.328 million from $2.289 million [20]. Balance Sheet Highlights - As of June 30, 2025, total assets were $11.941 million, up from $8.523 million at the end of 2024 [19]. - Current liabilities increased to $7.602 million from $6.367 million, with accounts payable rising to $4.686 million [19]. Market Position - The company is focusing on driving growth across its three main categories: core soda, modern soda, and adult beverages [5]. - Jones Soda aims to strengthen supplier relationships and capture market opportunities across all channels [5].

Core Points - Jones Soda Co. will hold a conference call on May 15, 2025, at 4:30 p.m. Eastern time to discuss its financial and operational results for Q1 2025 [1] - The call will be hosted by CEO Scott Harvey and CFO Brian Meadows, followed by a Q&A session where investors can submit questions via email [2] - The conference call will be broadcast live and available for replay on the company's website [4] Company Overview - Jones Soda Co. is a leading craft soda manufacturer with a subsidiary focused on cannabis products, marketing premium craft sodas under the Jones® Soda brand and cannabis products under the Mary Jones brand [4] - The company's products are sold across North America in various formats including glass bottles, cans, and fountain drinks through traditional beverage outlets and restaurants [4] - Jones Soda is headquartered in Seattle, Washington [4]