Stock Options Takes A Bite Of Jones’ Earnings
Jones Soda announced that 1Q06 revenue jumped 27%. But with nearly $400,000 in stock options expenses in the first quarter, their earnings were hampered.
Most noteworthy, however, is the huge increase in shareholder’s equity the company is showing on its balance sheet. Equity jumped from $4.78 million in 1Q05 to $7.36 million in 1Q06 - an increase of nearly 54%.
