Jones Soda Reports Fourth Quarter and Full Year 2023 Results
Fourth Quarter 2023 Financial Summary vs. Year-Ago Quarter
- Fourth Quarter 2023 Financial Summary vs. Year-Ago Quarter
Revenue was $3.5 million compared to $3.7 million. - The fourth quarter of 2023 included approximately $438,000 in revenue from the Company’s Mary Jones cannabis business compared to approximately $239,000 in the fourth quarter of 2022.
- The Company’s cannabis brand, Mary Jones, generated approximately $438,000 in revenue in the fourth quarter of 2023 compared to approximately $220,000 in revenue in the third quarter of 2023 and approximately $239,000 revenue in the fourth quarter of 2022.
- Adjusted EBITDA1 was $(1.4) million in the fourth quarter of 2023 compared to $(1.3) million in the fourth quarter of 2022.