10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001213900-20-011763 |
| Period End Date | 20200331 |
| Filing Date | 20200512 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | celh-20200331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
63 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common stock, authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Cash |
CashCashEquivalentsAndShortTermInvestments
|
$23.09M | USD | Point-in-time |
| Cash |
CashCashEquivalentsAndShortTermInvestments
|
$19.09M | USD | Point-in-time |
| Common stock, issued |
CommonStockSharesIssued
|
69.28M | shares | Point-in-time |
| Common stock, issued |
CommonStockSharesIssued
|
68.94M | shares | Point-in-time |
| Common stock, outstanding |
CommonStockSharesOutstanding
|
68.94M | shares | Point-in-time |
| Accounts receivable-net (note 2) |
AccountsReceivableNetCurrent
|
$10.70M | USD | Point-in-time |
| Common stock, outstanding |
CommonStockSharesOutstanding
|
69.28M | shares | Point-in-time |
| Accounts receivable-net (note 2) |
AccountsReceivableNetCurrent
|
$7.77M | USD | Point-in-time |
| Note receivable-current (note 6) |
NotesAndLoansReceivableNetCurrent
|
$1.16M | USD | Point-in-time |
| Note receivable-current (note 6) |
NotesAndLoansReceivableNetCurrent
|
$1.18M | USD | Point-in-time |
| Inventories-net (note 4) |
InventoryNet
|
$15.29M | USD | Point-in-time |
| Inventories-net (note 4) |
InventoryNet
|
$21.04M | USD | Point-in-time |
| Prepaid expenses and other current assets (note 5) |
PrepaidExpenseAndOtherAssetsCurrent
|
$4.67M | USD | Point-in-time |
| Prepaid expenses and other current assets (note 5) |
PrepaidExpenseAndOtherAssetsCurrent
|
$4.17M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$51.51M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$56.66M | USD | Point-in-time |
| Notes Receivable (note 6) |
NotesAndLoansReceivableNetNoncurrent
|
$10.42M | USD | Point-in-time |
| Notes Receivable (note 6) |
NotesAndLoansReceivableNetNoncurrent
|
$10.63M | USD | Point-in-time |
| Property and equipment-net (note 8) |
PropertyPlantAndEquipmentNet
|
$132.89K | USD | Point-in-time |
| Property and equipment-net (note 8) |
PropertyPlantAndEquipmentNet
|
$115.32K | USD | Point-in-time |
| Right of use assets (note 7) |
FinanceLeaseRightOfUseAsset
|
$809.47K | USD | Point-in-time |
| Right of use assets (note 7) |
FinanceLeaseRightOfUseAsset
|
$626.12K | USD | Point-in-time |
| Long term security deposits |
DepositsAssets
|
$104.13K | USD | Point-in-time |
| Long term security deposits |
DepositsAssets
|
$55.36K | USD | Point-in-time |
| Intangibles (note 9) |
IntangibleAssetsNetExcludingGoodwill
|
$17.03M | USD | Point-in-time |
| Intangibles (note 9) |
IntangibleAssetsNetExcludingGoodwill
|
$17.17M | USD | Point-in-time |
| Goodwill (note 9) |
Goodwill
|
$10.02M | USD | Point-in-time |
| Goodwill (note 9) |
Goodwill
|
$10.02M | USD | Point-in-time |
| Total Assets |
Assets
|
$94.93M | USD | Point-in-time |
| Total Assets |
Assets
|
$90.38M | USD | Point-in-time |
| Accounts payable and accrued expenses (note 11) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$19.89M | USD | Point-in-time |
| Accounts payable and accrued expenses (note 11) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$17.29M | USD | Point-in-time |
| Lease liability obligation (note 7) |
OperatingLeaseLiabilityCurrent
|
$587.69K | USD | Point-in-time |
| Lease liability obligation (note 7) |
OperatingLeaseLiabilityCurrent
|
$649.07K | USD | Point-in-time |
| Bonds payable-net (note 13) |
LongTermDebtCurrent
|
$8.60M | USD | Point-in-time |
| Bonds payable-net (note 13) |
LongTermDebtCurrent
|
$8.63M | USD | Point-in-time |
| Other current liabilities (note 12) |
OtherLiabilitiesCurrent
|
$107.40K | USD | Point-in-time |
| Other current liabilities (note 12) |
OtherLiabilitiesCurrent
|
$160.65K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$26.68M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$29.23M | USD | Point-in-time |
| Lease liability obligation (note 7) |
OperatingLeaseLiabilityNoncurrent
|
$188.79K | USD | Point-in-time |
| Lease liability obligation (note 7) |
OperatingLeaseLiabilityNoncurrent
|
$239.85K | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$26.92M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$29.42M | USD | Point-in-time |
| Commitments and contingences (note 17) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, $0.001 par value; 100,000,000 shares authorized, 69,279,260 and 68,941,311 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively (note 15) |
CommonStockValue
|
$68.94K | USD | Point-in-time |
| Common stock, $0.001 par value; 100,000,000 shares authorized, 69,279,260 and 68,941,311 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively (note 15) |
CommonStockValue
|
$69.28K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$129.17M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$127.55M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-753.52K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-868.01K | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-63.41M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-62.86M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$25.27M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$65.51M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$63.46M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$11.80M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$94.93M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$90.38M | USD | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
Revenues
|
$28.18M | USD | 1 Quarter |
| Revenue |
Revenues
|
$14.49M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$15.18M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$8.76M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$5.72M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$13.00M | USD | 1 Quarter |
| Selling and marketing expenses |
SellingAndMarketingExpense
|
$3.60M | USD | 1 Quarter |
| Selling and marketing expenses |
SellingAndMarketingExpense
|
$7.51M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$4.25M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$2.62M | USD | 1 Quarter |
| Total operating expense |
OperatingExpenses
|
$11.75M | USD | 1 Quarter |
| Total operating expense |
OperatingExpenses
|
$6.22M | USD | 1 Quarter |
| Income/(loss) from operations |
OperatingIncomeLoss
|
$-502.05K | USD | 1 Quarter |
| Income/(loss) from operations |
OperatingIncomeLoss
|
$1.25M | USD | 1 Quarter |
| Interest income on note receivable (note 6) |
InterestAndDividendIncomeOperating
|
- | USD | 1 Quarter |
| Interest income on note receivable (note 6) |
InterestAndDividendIncomeOperating
|
$97.53K | USD | 1 Quarter |
| Interest expense |
InterestIncomeExpenseNet
|
$-28.63K | USD | 1 Quarter |
| Interest expense |
InterestIncomeExpenseNet
|
$-136.02K | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibles
|
- | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibles
|
$143.53K | USD | 1 Quarter |
| Interest expense on financial leases |
InterestExpenseOnFinancialLeases
|
$-137.16K | USD | 1 Quarter |
| Interest expense on financial leases |
InterestExpenseOnFinancialLeases
|
- | USD | 1 Quarter |
| Amortization of discount on notes payable |
AmortizationOfDiscountOnNotesPayable
|
$-85.94K | USD | 1 Quarter |
| Amortization of discount on notes payable |
AmortizationOfDiscountOnNotesPayable
|
- | USD | 1 Quarter |
| Amortization of discount on bonds payable |
AmortizationOfDiscountOnBondsPayable
|
$-166.07K | USD | 1 Quarter |
| Amortization of discount on bonds payable |
AmortizationOfDiscountOnBondsPayable
|
- | USD | 1 Quarter |
| Other miscellaneous income |
OtherMiscellaneousExpense
|
- | USD | 1 Quarter |
| Other miscellaneous income |
OtherMiscellaneousExpense
|
$5.34K | USD | 1 Quarter |
| Realized foreign exchange (loss) |
RealizedForeignExchangeLoss
|
$77.92K | USD | 1 Quarter |
| Realized foreign exchange (loss) |
RealizedForeignExchangeLoss
|
- | USD | 1 Quarter |
| (Loss)/gain on investment repayment-(note 6) |
GainLossOnInvestments
|
$-144.40K | USD | 1 Quarter |
| (Loss)/gain on investment repayment-(note 6) |
GainLossOnInvestments
|
$12.27M | USD | 1 Quarter |
| Total Other Income/(Expense) |
NonoperatingIncomeExpense
|
$12.16M | USD | 1 Quarter |
| Total Other Income/(Expense) |
NonoperatingIncomeExpense
|
$-702.23K | USD | 1 Quarter |
| Net Income |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$11.66M | USD | 1 Quarter |
| Net Income |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$546.05K | USD | 1 Quarter |
| Unrealized foreign exchange (loss)/gain |
UnrealizedForeignExchangeLossgain
|
$-260.67K | USD | 1 Quarter |
| Unrealized foreign exchange (loss)/gain |
UnrealizedForeignExchangeLossgain
|
$114.49K | USD | 1 Quarter |
| Comprehensive Income |
NetComprehensiveIncome
|
$431.56K | USD | 1 Quarter |
| Comprehensive Income |
NetComprehensiveIncome
|
$11.92M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.01 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.20 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.01 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.19 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
69.28M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
57.16M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
61.69M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
70.34M | shares | 1 Quarter |
Cash Flow Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$546.05K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$11.66M | USD | 1 Quarter |
| Depreciation |
DepreciationDepletionAndAmortization
|
$124.94K | USD | 1 Quarter |
| Depreciation |
DepreciationDepletionAndAmortization
|
$18.76K | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$91.22K | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$309.60K | USD | 1 Quarter |
| Bad debt allowance |
AllowanceForBadDebt
|
$221.22K | USD | 1 Quarter |
| Bad debt allowance |
AllowanceForBadDebt
|
$77.65K | USD | 1 Quarter |
| Inventory excess and obsolescence allowance |
InventoryAllowanceForExcessAndObsoleteProducts
|
$270.71K | USD | 1 Quarter |
| Inventory excess and obsolescence allowance |
InventoryAllowanceForExcessAndObsoleteProducts
|
$-31.47K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$1.36M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$1.40M | USD | 1 Quarter |
| Gain on China transaction |
GainLossOnInvestments
|
$-144.40K | USD | 1 Quarter |
| Gain on China transaction |
GainLossOnInvestments
|
$12.27M | USD | 1 Quarter |
| Accounts receivable-net |
IncreaseDecreaseInAccountsReceivable
|
$3.15M | USD | 1 Quarter |
| Accounts receivable-net |
IncreaseDecreaseInAccountsReceivable
|
$2.57M | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$2.36M | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$5.48M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$501.59K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$707.98K | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$2.73M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-2.07M | USD | 1 Quarter |
| Deposits/deferred revenue and other current liabilities |
IncreaseDecreaseInDeferredRevenueAndOtherCurrentLiabilities
|
$102.74K | USD | 1 Quarter |
| Deposits/deferred revenue and other current liabilities |
IncreaseDecreaseInDeferredRevenueAndOtherCurrentLiabilities
|
$-44.12K | USD | 1 Quarter |
| Change in Right to Use and Lease Obligation-net |
IncreaseDecreaseInUnbilledRoyaltyRevenue
|
$2.64K | USD | 1 Quarter |
| Change in Right to Use and Lease Obligation-net |
IncreaseDecreaseInUnbilledRoyaltyRevenue
|
$2.18K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-6.79M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-3.82M | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$107.37K | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-107.37K | USD | 1 Quarter |
| Proceeds from notes payable-related-party, net |
ProceedsFromNotesPayablerelatedpartyNet
|
$1.50M | USD | 1 Quarter |
| Proceeds from notes payable-related-party, net |
ProceedsFromNotesPayablerelatedpartyNet
|
- | USD | 1 Quarter |
| Principal payments financial lease obligations |
FinanceLeasePrincipalPayments
|
- | USD | 1 Quarter |
| Principal payments financial lease obligations |
FinanceLeasePrincipalPayments
|
$64.08K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$215.35K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$24.76K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$151.26K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.52M | USD | 1 Quarter |
| Effect on exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$288.58K | USD | 1 Quarter |
| Effect on exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-222.93K | USD | 1 Quarter |
| Net (decrease) in cash and cash equivalents |
CashPeriodIncreaseDecrease
|
$-4.00M | USD | 1 Quarter |
| Net (decrease) in cash and cash equivalents |
CashPeriodIncreaseDecrease
|
$-4.98M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of the period |
Cash
|
$7.74M | USD | Point-in-time |
| Cash and cash equivalents at beginning of the period |
Cash
|
$23.09M | USD | Point-in-time |
| Cash and cash equivalents at beginning of the period |
Cash
|
$2.76M | USD | Point-in-time |
| Cash and cash equivalents at beginning of the period |
Cash
|
$19.09M | USD | Point-in-time |
| Cash and cash equivalents at end of the period |
Cash
|
$7.74M | USD | Point-in-time |
| Cash and cash equivalents at end of the period |
Cash
|
$23.09M | USD | Point-in-time |
| Cash and cash equivalents at end of the period |
Cash
|
$2.76M | USD | Point-in-time |
| Cash and cash equivalents at end of the period |
Cash
|
$19.09M | USD | Point-in-time |
| Interest |
InterestPaidNet
|
$28.63K | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
$136.02K | USD | 1 Quarter |
Stockholders Equity
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balances |
StockholdersEquity
|
$25.27M | USD | Point-in-time |
| Balances |
StockholdersEquity
|
$65.51M | USD | Point-in-time |
| Balances |
StockholdersEquity
|
$63.46M | USD | Point-in-time |
| Balances |
StockholdersEquity
|
$11.80M | USD | Point-in-time |
| Stock option expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.40M | USD | 1 Quarter |
| Stock option expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.36M | USD | 1 Quarter |
| Issuance of common stock pursuant to exercise of stock options - Cashless |
IssuanceOfCommonStockPursuantToExerciseOfStockOptionsCashless
|
- | USD | 1 Quarter |
| Issuance of common stock pursuant to exercise of stock options - Cash |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$24.76K | USD | 1 Quarter |
| Issuance of common stock pursuant to exercise of stock options - Cash |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$215.35K | USD | 1 Quarter |
| Beneficial conversion Feature on convertible instruments |
DebtInstrumentConvertibleBeneficialConversionFeature
|
$166.67K | USD | 1 Quarter |
| Foreign currency translation loss |
TemporaryEquityForeignCurrencyTranslationAdjustments
|
$114.49K | USD | 1 Quarter |
| Foreign currency translation loss |
TemporaryEquityForeignCurrencyTranslationAdjustments
|
$260.67K | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$546.05K | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$11.66M | USD | 1 Quarter |
| Balances |
StockholdersEquity
|
$25.27M | USD | Point-in-time |
| Balances |
StockholdersEquity
|
$65.51M | USD | Point-in-time |
| Balances |
StockholdersEquity
|
$63.46M | USD | Point-in-time |
| Balances |
StockholdersEquity
|
$11.80M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.