Company: JSDA
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-011093
Chunk: 23

Company: JONES SODA CO.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 23
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 Company is now through that transition and the new leadership team will ensure previously effective controls are followed by the
time we report the second quarter interim results and reinforced adherence to the set of internal controls that Company has previously
successfully abided by over the past years.

20

PART
II – OTHER INFORMATION

  ITEM 1.
  LEGAL PROCEEDINGS

We
are not currently involved in any material legal proceedings. We may be involved from time to time in various claims and legal actions
arising in the ordinary course of business, including proceedings involving employee claims, contract disputes, product liability and
other general liability claims, as well as trademark, copyright, and related claims and legal actions. In the opinion of our management,
the ultimate disposition of these matters will not have a material adverse effect on our consolidated financial position, results of
operations or liquidity.

  ITEM 1A.
  RISK FACTORS

There
have been no material changes in the risk factors set forth in Part I, Item 1A, “Risk Factors” in our Annual Report on Form
10-K for the year ended December 31, 2024.

  ITEM 2.
  UNREGISTERED SALES OF EQUITY SECURITIES, USE OF PROCEEDS,
  ISSUER PURCHASES OF EQUITY SECURITIES. 

None.

  ITEM
  3.
  DEFAULTS UPON SENIOR SECURITIES

None.

  ITEM
  4.
  MINE SAFETY DISCLOSURES

None.

  ITEM
  5.
  OTHER INFORMATION

None.

  ITEM
  6.
  EXHIBITS

    3.1
     
    Articles
    of Incorporation of Jones Soda Co. (Previously filed as, and incorporated herein by reference to, Exhibit 3.1 to our annual report
    on Form 10-KSB for the fiscal year ended December 31, 2000, filed on March 30, 2001; File No. 333-75913).
  
    3.2
     
    Amended
    and Restated Bylaws of Jones Soda Co. (Previously filed with, and incorporated herein by reference to, Exhibit 3.1 to our quarterly
    report on Form 10-Q, filed on November 8, 2013; File No. 000-28820).
  
    3.3
     
    Articles
    of Amendment to Articles of