Jones Soda Co (JSDA) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
4786 1ST AVENUE SOUTH SEATTLE, WA 98134 |
| State of Incorp. | WA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 208 - Beverages (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,867 | 7,971 | 4,667 | 4,614 | 5,969 | 991 | |||
| Cash and cash equivalents | 3,867 | 7,971 | 4,667 | 4,614 | 5,969 | 991 | |||
| Receivables | 2,118 | 3,170 | 2,662 | 1,581 | 1,573 | 1,362 | |||
| Inventory, net of allowances, customer advances and progress billings | 2,392 | 2,621 | 1,923 | 1,856 | 1,788 | 1,349 | |||
| Inventory | 2,392 | 2,621 | 1,923 | 1,856 | 1,788 | 1,349 | |||
| Other undisclosed current assets | 1,218 | 1,213 | 358 | 193 | 310 | 245 | |||
| Total current assets: | 9,595 | 14,975 | 9,610 | 8,244 | 9,640 | 3,947 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 365 | 471 | ✕ | ||||||
| Property, plant and equipment | 137 | 127 | 238 | 305 | 162 | 88 | |||
| Other noncurrent assets | 174 | 33 | 33 | 33 | 33 | ||||
| Other undisclosed noncurrent assets | 17 | ||||||||
| Total noncurrent assets: | 311 | 127 | 636 | 809 | 212 | 121 | |||
| TOTAL ASSETS: | 9,906 | 15,102 | 10,246 | 9,053 | 9,852 | 4,068 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,999 | 2,713 | 2,846 | 2,244 | 1,227 | 1,672 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 55 | |||||
| Taxes payable | ✕ | ✕ | ✕ | 8 | 6 | 10 | |||
| Accounts payable | 716 | 1,069 | 1,239 | 1,385 | 554 | 1,058 | |||
| Accrued liabilities | 1,283 | 1,644 | 1,544 | 853 | 663 | 614 | |||
| Debt | 140 | 428 | |||||||
| Other undisclosed current liabilities | 357 | 622 | 739 | 102 | 18 | ||||
| Total current liabilities: | 2,356 | 3,335 | 3,585 | 2,486 | 1,245 | 2,100 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,044 | 1,956 | 1,333 | 2,528 | |||||
| Long-term debt, excluding current maturities | 1,778 | 1,581 | 1,333 | 2,528 | |||||
| Liabilities, other than long-term debt | 232 | 147 | 143 | ||||||
| Accounts payable and accrued liabilities | 232 | 147 | 135 | ||||||
| Deferred rent credit | 8 | ||||||||
| Operating lease, liability | 266 | 375 | ✕ | ||||||
| Other undisclosed noncurrent liabilities | (266) | ||||||||
| Total noncurrent liabilities: | 2,044 | 2,188 | 1,480 | 2,671 | |||||
| Total liabilities: | 2,356 | 3,335 | 5,629 | 4,674 | 2,725 | 4,771 | |||
| Equity | |||||||||
| Equity, attributable to parent | 7,550 | 11,767 | 4,617 | 4,379 | 7,127 | (703) | |||
| Common stock | 90,273 | 89,680 | 76,017 | 73,953 | 73,773 | 53,822 | |||
| Additional paid in capital | 9,389 | ||||||||
| Accumulated other comprehensive income | 331 | 287 | 396 | 411 | 342 | 296 | |||
| Accumulated deficit | (83,054) | (78,200) | (71,796) | (69,985) | (66,988) | (64,210) | |||
| Total equity: | 7,550 | 11,767 | 4,617 | 4,379 | 7,127 | (703) | |||
| TOTAL LIABILITIES AND EQUITY: | 9,906 | 15,102 | 10,246 | 9,053 | 9,852 | 4,068 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 16,669 | 19,085 | 14,792 | 11,895 | 11,508 | 12,558 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (11,814) | (13,942) | (10,394) | (9,216) | (9,125) | (9,822) | ||
| Gross profit: | 4,855 | 5,143 | 4,398 | 2,679 | 2,383 | 2,736 | ||
| Operating expenses | (9,733) | (11,236) | (6,305) | (5,507) | (4,735) | (4,563) | ||
| Operating loss: | (4,878) | (6,093) | (1,907) | (2,828) | (2,352) | (1,827) | ||
| Nonoperating income (expense) | 5 | 88 | 344 | (15) | (5) | 43 | ||
| Gain (loss), foreign currency transaction, before tax | 1 | 7 | 18 | 22 | (4) | 7 | ||
| Interest and debt expense | (377) | (225) | (151) | (442) | (271) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 24 | 50 | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (4,873) | (6,382) | (1,788) | (2,970) | (2,749) | (2,055) | ||
| Other undisclosed income from continuing operations before income taxes | 52 | 6 | 4 | |||||
| Loss from continuing operations before income taxes: | (4,821) | (6,376) | (1,784) | (2,970) | (2,749) | (2,055) | ||
| Income tax expense | (33) | (28) | (27) | (27) | (29) | (24) | ||
| Loss from continuing operations: | (4,854) | (6,404) | (1,811) | (2,997) | (2,778) | (2,079) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (1,811) | (2,997) | (2,778) | (2,079) | |
| Net loss available to common stockholders, diluted: | (4,854) | (6,404) | (1,811) | (2,997) | (2,778) | (2,079) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (4,854) | (6,404) | (1,811) | (2,997) | (2,778) | (2,079) | ||
| Comprehensive loss: | (4,854) | (6,404) | (1,811) | (2,997) | (2,778) | (2,079) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 44 | (109) | (15) | 69 | 46 | (95) | ||
| Comprehensive loss, net of tax, attributable to parent: | (4,810) | (6,513) | (1,826) | (2,928) | (2,732) | (2,174) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.