Company: JSDA
Filing Date: 2025-07-03
Form Type: S-1
Source: 0001641172-25-017818
Chunk: 34

Company: JONES SODA CO.
Filing Date: 2025-07-03
Form: S-1
Chunk 34
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 technology infrastructure and our operations from these IT-related and other potential disruptions. However, given the unpredictability of the timing, nature and scope of any such IT failures or disruptions, we could potentially be subject to downtimes, transactional errors, processing inefficiencies, operational delays, other detrimental impacts on our operations or ability to provide products to our customers, the compromising of confidential or personal information, destruction or corruption of data, security breaches, other manipulation or improper use of our systems and networks, financial losses from remedial actions, loss of business or potential liability, and/or damage to our reputation, any of which could have a material adverse effect on our cash flows, competitive position, financial condition or results of operations.

Our results of operations may fluctuate from quarter to quarter for many reasons, including seasonality.

Our sales are seasonal and we experience fluctuations in quarterly results as a result of many factors. We historically have generated a greater percentage of our revenues during the warm weather months of April through September. Timing of customer purchases will vary each year and sales can be expected to shift from one quarter to another. As a result, management believes that period-to-period comparisons of results of operations are not necessarily meaningful and should not be relied upon as any indication of future performance or results expected for the fiscal year.

In addition, our operating results may fluctuate due to a number of other factors including, but not limited to:

| ● | Our                                                                                               
 ability to maintain, develop and expand distribution channels for current and new products,       
 develop favorable arrangements with third party distributors of our products and minimize         
 or reduce issues associated with engaging new distributors and retailers, including, but          
 not limited to, transition costs and expenses and down time resulting from the initial deployment 
 of our products in each new distributor’s network;                                                |
| ● | Unilateral                                                                                        
 decisions by distributors, grocery store chains, specialty chain stores, club stores, mass        
 merchandisers and other customers to discontinue carrying all or any of our products that         
 they are carrying at any time;                                                                    |

| 18 |

| ● | Our                                                                                             
 ability to manage our resources to sufficiently support general operating activities, promotion 
 allowances and slotting fees, promotion and selling activities, and capital expansion, and      
 our ability to sustain profitability;                                                           |
| ● | Our                                                                                             
 ability to meet the competitive response by much larger, well-funded and established companies  
 currently operating in the beverage industry, as we introduce new competitive products; and     |
| ● | Competitive                                                                                     
 products and pricing pressures and