SEATTLE, Aug. 26, 2025 /PRNewswire/ - Jones Soda Co.® (CSE: JSDA) (OTCQB: JSDA) ("Jones" or the "Company"), the original craft soda brand known for its real cane sugar, vibrant flavors, and fan-submitted photo labels, has expanded its club channel presence with a limited-time launch into select Costco Wholesale warehouses across the Southeast U.S. and Puerto Rico.The new 12-pack variety case includes four of Jones' most popular flavors—Orange & Cream, Cream Soda, Green Apple, and Berry Lemonade—in its signa ...

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]