Welcome to our dedicated page for Jones Soda Co SEC filings (Ticker: JSDA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page compiles Jones Soda Co. (JSDA) filings with the U.S. Securities and Exchange Commission, providing investors with structured access to the company’s regulatory disclosures. As a craft soda manufacturer with operations across North America, Jones Soda uses SEC reports to present audited financial statements, risk factors, and material events affecting its business, capital structure, and governance.
Through annual reports on Form 10-K and related filings, Jones Soda details its premium Jones® Soda brand, participation in core, modern, and adult beverage categories, and factors that could influence results, such as competition in the beverage industry, consumer trends, supply chain considerations, and regulatory developments for hemp-derived and cannabis-related products. Quarterly reports and accompanying materials discuss revenue, gross profit, operating expenses, and non-GAAP metrics such as Adjusted EBITDA, along with management’s commentary on cost management and portfolio focus.
Current reports on Form 8-K highlight specific material events. Recent 8-K filings have disclosed an Amendment to Loan Agreement and Amended and Restated Revolving Credit Note with Two Shores Capital Corp., increasing the company’s revolving loan cap and principal amount; the appointment of a Chief Operating Officer and related employment agreement and stock option grants; the appointment of a Senior Vice President, Partnerships; stock option awards for the Chief Financial Officer tied to milestones; and the dismissal and engagement of independent registered public accounting firms.
On Stock Titan, these SEC filings are paired with AI-powered summaries that explain the significance of each document in clear language. Users can quickly see what changed in a new 8-K, how credit facility amendments affect financial flexibility, or what an auditor change may imply for financial reporting. Real-time updates from EDGAR, combined with simplified explanations of complex disclosures, help investors analyze JSDA’s 10-Ks, 10-Qs, 8-Ks, and other filings without reading every page in detail.
Jones Soda Co. updated the compensation terms for its Chief Financial Officer, Brian Meadows. The company amended a stock option grant made on September 9, 2025 covering 750,000 shares of common stock under its 2022 Omnibus Equity Incentive Plan.
The grant was originally tied to the company achieving certain milestones. Jones Soda removed those performance conditions and changed the award to time-based vesting over three years, using annual cliff vesting so that one-third of the options vest on each anniversary of March 27, 2026, as long as Meadows remains employed through each vesting date.
Jones Soda Co. reported strong growth for the fourth quarter and full year 2025 while still posting a small net loss. Full-year 2025 revenue from continuing operations rose 41.9% to $25.3 million from $17.8 million, and net loss narrowed sharply to $1.8 million, or $(0.01) per share, from $9.9 million, or $(0.09) per share. Full-year Adjusted EBITDA from continuing operations improved to a loss of $2.0 million from a loss of $7.2 million.
In Q4 2025, revenue surged 450% to $11.7 million, driven mainly by club and direct-to-consumer licensed product sales. Q4 Adjusted EBITDA turned positive at $0.5 million, and Adjusted Gross Profit Margin increased to 32% from 10%, helped by higher gross profit.
Management is guiding to continued rapid growth, expecting Q1 2026 revenue to exceed $12 million, more than 260% above the prior-year quarter, and full-year 2026 revenue to exceed $40 million, more than 60% above 2025 revenue.
Jones Soda Co. reports its annual business overview and risk factors for the year ended December 31, 2025, highlighting ongoing losses and funding needs. The company incurred a net loss of $1.8 million, lifting its accumulated deficit to $94.7 million. Management stresses the need to meet sales goals and may require additional, potentially dilutive financing to support operations.
Jones is expanding beyond craft soda into modern soda and alternative adult beverages, including hemp-derived HD9 and alcohol-based products, but new federal legislation is expected to force significant reformulation or discontinuation of current HD9 lines. In 2025, about 39% of net revenue came from licensed properties such as the Fallout collaboration, and one customer represented roughly 31% of revenue, underscoring customer and brand concentration risk.
Jones Soda director Clive Sirkin reported a routine RSU vesting and share issuance. On December 31, 2025, 115,000 restricted stock units converted into an equal number of Jones Soda common shares at $0 per share, reflecting that no cash payment was required on vesting.
After this conversion, Sirkin directly owned 3,041,608 shares of common stock and continued to hold 115,000 RSUs. These RSUs came from a July 18, 2025 grant of 460,003 RSUs, which vested in stages: 50% on July 31, 2025, 25% on September 30, 2025, and the remaining 25% on December 31, 2025.
Jones Soda Co. director Paul Norman reported the vesting and conversion of 115,001 restricted stock units (RSUs) into an equal number of common shares on December 31, 2025. The RSUs converted on a one-for-one basis and did not require any cash payment on vesting.
These shares increased his directly held common stock to 2,906,550 shares. Following this transaction, he also held 115,000 RSUs as derivative securities, which each represent a contingent right to receive one share of Jones Soda common stock upon settlement under the grant’s vesting schedule.
Jones Soda Co. director Mark F. Murray reported vesting of restricted stock units (RSUs) that delivered additional common shares. On December 31, 2025, 93,438 RSUs converted into 93,438 shares of common stock at a price of $0 per share. Following this transaction, he directly owned 2,406,136 shares of Jones Soda common stock and 93,438 RSUs as derivative securities. The RSUs come from a prior grant of 460,003 RSUs made on July 18, 2025, with vesting in stages across July 31, 2025, September 30, 2025, and December 31, 2025.
Jones Soda Co. director Gregg Reichman reported an RSU vesting that delivered 115,001 shares of common stock on December 31, 2025. These shares resulted from restricted stock units converting into common stock on a one-for-one basis at no cash cost to him.
After this vesting, Reichman directly beneficially owned 1,876,669 shares of Jones Soda common stock and 115,000 restricted stock units. The RSUs stem from a July 18, 2025 grant of 460,003 RSUs that vest in stages across July 31, September 30, and December 31, 2025.
Jones Soda director Ronald L. Dissinger reported RSU vesting into common shares. On December 31, 2025, 115,001 restricted stock units converted on a one-for-one basis into 115,001 shares of common stock at a price of $0 per share.
After this transaction, he directly owned 1,041,398 shares of common stock and 115,000 RSUs. These RSUs are part of a 460,003-RSU grant awarded on July 18, 2025, vesting 50% on July 31, 2025, 25% on September 30, 2025, and the remaining 25% on December 31, 2025.
Jones Soda Co. entered into an Assignment and Assumption of Debt Agreement on January 16, 2026, selling a secured promissory note from MJ Reg Disrupters, LLC. The company assigned a Note with a remaining balance of $2,000,000 as of December 31, 2025 to Two Shores Capital Corp. for a cash payment of $1,400,000.
As part of the agreement, Jones Soda will issue warrants to Two Shores Capital to purchase 550,000 shares of common stock at $0.40 per share, exercisable for three years. The company plans to use the $1,400,000 in proceeds for general working capital.
Jones Soda Co. reported an equity grant to its Chief Operating Officer on a Form 4. The executive received an employee stock option to purchase 1,200,000 shares of common stock at an exercise price of $0.25 per share, dated December 8, 2025, with expiration on December 8, 2035.
The options vest over four years starting from the December 8, 2025 vesting commencement date. 300,000 options vest on the first anniversary, another 300,000 on the second anniversary, another 300,000 on the third anniversary, and the final 300,000 on the fourth anniversary, in each case subject to the officer’s continued service.