Core Insights - Microcap companies often face a stigma of lacking sophistication compared to larger firms, but they can benefit from experienced executives transitioning from major companies, allowing them to showcase their skills in a new environment [1][2] Group 1: Executive Transition and Impact - Seasoned executives from large Consumer Packaged Goods (CPG) companies are increasingly joining microcap firms, providing them with the opportunity to lead without the constraints of large corporate structures [2] - These executives typically bring valuable skills such as marketing ROI expertise, logistics knowledge, and an understanding of consumer trends, which can significantly enhance the company's market position [4] - The addition of experienced executives at the C-suite level can signal a positive shift for microcap companies, indicating potential growth and improved access to capital markets [6] Group 2: Investment Opportunities - Microcap companies that attract industry veterans from major CPG firms are worth further investigation, as they may present unique investment opportunities [9] - Armanino Foods of Distinction, Inc. (AMNF) is highlighted as a microcap engaged in producing upscale frozen and refrigerated food products, currently holding an Outperform rating [8] - Jones Soda Co. (JSDA) is another microcap that develops and markets premium craft beverages, with a Zacks Neutral rating, indicating potential for growth but requiring improved brand awareness [11][12]

Core Insights - Jones Soda Co. has appointed Darcey Macken as Chief Operating Officer and Eric Schnabel as Chief Marketing Officer to enhance its leadership team and drive growth [1][2][3] - The company has increased its revolving credit facility from $5 million to $10 million to support anticipated sales growth in 2026 [1][5][6] Executive Appointments - Darcey Macken brings over 20 years of experience in consumer packaged goods, having previously served as CEO of Planterra Foods and held senior roles at Sovos Brands and noosa yoghurt, where she significantly increased revenue [2] - Eric Schnabel has three decades of experience in advertising and marketing, previously leading marketing teams at Kohler Co. and co-founding The Creative Shop at Meta, focusing on digital marketing strategies [3] Business Momentum - Recent collaborations with Bethesda Software's Fallout have resulted in significant sales increases at Costco and through direct-to-consumer channels, indicating a positive trend for the company [4] - The expanded leadership team and increased credit facilities are expected to facilitate further sales growth for Jones Soda in the upcoming year [7]

Core Insights - Jones Soda Co. reported a revenue increase of 15% to $4.5 million in Q3 2025 compared to $3.9 million in the same quarter last year [4][6] - The company experienced a net loss of $1.4 million, improving from a net loss of $2.6 million in the prior year [4][8] - Adjusted EBITDA improved by $1.1 million or 62% year-over-year, reaching $(0.9) million compared to $(2.2) million [4][9] Financial Performance - Revenue growth was primarily driven by HD9, direct-to-consumer, fountain, and Spiked Jones products [6] - Gross profit increased by 25% to $1.3 million, attributed to higher revenues and lower trade spending [7] - Total operating expenses decreased to $2.7 million from $3.4 million, mainly due to reduced selling, marketing, and administrative expenses [8] Strategic Initiatives - The company expanded its Zero Sugar product lineup and added new distribution channels, increasing its DSD networks to 36 [4][6] - Jones Soda launched the Mary Jones ZERO, a zero-sugar beverage aimed at health-conscious consumers [4] - A collaboration with Bethesda Softworks resulted in the release of the Fallout-themed product line, which has generated significant customer interest [4][6] Future Outlook - The company anticipates fourth quarter gross sales to exceed $8 million based on current purchase orders [5] - Management expressed confidence in continued growth across its three key categories: Core, Modern, and Adult Beverages [3][4] - The company plans to pursue strategic partnerships and targeted marketing initiatives to further enhance brand equity and sales momentum [3][4]

Core Insights - Jones Soda Co. will hold a conference call on November 17, 2025, at 8:30 a.m. Eastern time to discuss its financial and operational results for Q3 2025 [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 [4] - The company distributes its mainstream soda line across North America in various formats including glass bottles, cans, and fountain drinks [4] Conference Call Details - The conference call will be hosted by CEO Scott Harvey and CFO Brian Meadows, followed by a Q&A session where management will address common themes and questions submitted through the webcast portal [2] - Participants can join the call via a toll-free number or international dial-in number, with a conference ID provided for access [3] Replay Information - 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 [4]

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]