10-Q Filing

VITA COCO COMPANY, INC. CIK: 1482981 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001482981-23-000081`
Period End Date	20230630
Filing Date	20230803
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	coco-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 70 Cash Flow Statement 60 Stockholders Equity 36 Comprehensive Income 14

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.90M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.19M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.63M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.97M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	62.64M	shares	Point-in-time
Accounts receivable, net of allowance of $3,192 at June 30, 2023, and $2,898 at December 31, 2022	`AccountsReceivableNetCurrent`	$43.35M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	62.23M	shares	Point-in-time
Accounts receivable, net of allowance of $3,192 at June 30, 2023, and $2,898 at December 31, 2022	`AccountsReceivableNetCurrent`	$89.59M	USD	Point-in-time
Inventory	`InventoryNet`	$84.11M	USD	Point-in-time
Inventory	`InventoryNet`	$57.16M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.44M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.02M	shares	Point-in-time
Supplier advances	`SupplierAdvancesCurrent`	$1.53M	USD	Point-in-time
Supplier advances	`SupplierAdvancesCurrent`	$1.40M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	6.21M	shares	Point-in-time
Derivative assets	`DerivativeAssetsCurrent`	$6.82M	USD	Point-in-time
Derivative assets	`DerivativeAssetsCurrent`	$3.61M	USD	Point-in-time
Asset held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$503.00K	USD	Point-in-time
Asset held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$503.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.07M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$22.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$223.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$174.92M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.08M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.22M	USD	Point-in-time
Goodwill	`Goodwill`	$7.79M	USD	Point-in-time
Goodwill	`Goodwill`	$7.79M	USD	Point-in-time
Supplier advances	`SupplierAdvancesNoncurrent`	$3.79M	USD	Point-in-time
Supplier advances	`SupplierAdvancesNoncurrent`	$4.36M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$4.26M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$4.26M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.13M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.68M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.71M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.68M	USD	Point-in-time
Total assets	`Assets`	$245.42M	USD	Point-in-time
Total assets	`Assets`	$197.76M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.91M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$51.83M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$38.34M	USD	Point-in-time
Notes payable, current	`NotesPayableCurrent`	$23.00K	USD	Point-in-time
Notes payable, current	`NotesPayableCurrent`	$19.00K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$71.00K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$1.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$54.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$71.49M	USD	Point-in-time
Notes payable	`LongTermNotesPayable`	$25.00K	USD	Point-in-time
Notes payable	`LongTermNotesPayable`	$18.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.11M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$56.66M	USD	Point-in-time
Total liabilities	`Liabilities`	$73.62M	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized; 62,641,890 and 62,225,250 shares issued at June 30, 2023 and December 31, 2022, respectively 56,435,690 and 56,019,050 shares outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$626.00K	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized; 62,641,890 and 62,225,250 shares issued at June 30, 2023 and December 31, 2022, respectively 56,435,690 and 56,019,050 shares outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$622.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$145.21M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$152.19M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$78.81M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$55.18M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-885.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-994.00K	USD	Point-in-time
Treasury stock, 6,206,200 shares at cost as of June 30, 2023, and December 31, 2022, respectively	`TreasuryStockCommonValue`	$58.93M	USD	Point-in-time
Treasury stock, 6,206,200 shares at cost as of June 30, 2023, and December 31, 2022, respectively	`TreasuryStockCommonValue`	$58.93M	USD	Point-in-time
Total stockholders equity attributable to The Vita Coco Company, Inc.	`StockholdersEquity`	$171.81M	USD	Point-in-time
Total stockholders equity attributable to The Vita Coco Company, Inc.	`StockholdersEquity`	$141.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$149.67M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.68M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$130.53M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$123.17M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$171.81M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$141.09M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$197.76M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$245.42M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$249.40M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$115.31M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$139.65M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$211.75M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$163.40M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$164.65M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$88.55M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$86.02M	USD	1 Quarter
Gross profit	`GrossProfit`	$84.75M	USD	2 Qtrs
Gross profit	`GrossProfit`	$29.29M	USD	1 Quarter
Gross profit	`GrossProfit`	$48.35M	USD	2 Qtrs
Gross profit	`GrossProfit`	$51.09M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$49.06M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$30.25M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$24.26M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$57.21M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$27.55M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$20.84M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-706.00K	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$5.03M	USD	1 Quarter
Unrealized gain/(loss) on derivative instruments	`UnrealizedGainLossOnDerivatives`	$988.00K	USD	1 Quarter
Unrealized gain/(loss) on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-3.24M	USD	1 Quarter
Unrealized gain/(loss) on derivative instruments	`UnrealizedGainLossOnDerivatives`	$5.46M	USD	2 Qtrs
Unrealized gain/(loss) on derivative instruments	`UnrealizedGainLossOnDerivatives`	$2.20M	USD	2 Qtrs
Foreign currency gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$781.00K	USD	2 Qtrs
Foreign currency gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$170.00K	USD	1 Quarter
Foreign currency gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-144.00K	USD	2 Qtrs
Foreign currency gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-43.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$268.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$281.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$10.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$15.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$83.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$30.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$56.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$3.23M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$1.41M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$5.25M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-3.34M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.69M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.54M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$22.26M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$30.78M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$4.27M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.18M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$6.09M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$555.00K	USD	1 Quarter
Net income	`ProfitLoss`	$2.23M	USD	1 Quarter
Net income	`ProfitLoss`	$3.37M	USD	2 Qtrs
Net income	`ProfitLoss`	$17.99M	USD	1 Quarter
Net income	`ProfitLoss`	$24.69M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.14M	USD	1 Quarter
Net income	`ProfitLoss`	$6.71M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.06	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.44	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.31	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.06	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.19M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.33M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.59M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.63M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.10M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.75M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.85M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Restricted cash	`RestrictedCash`	-	USD	Point-in-time
Restricted cash	`RestrictedCash`	$326.00K	USD	Point-in-time
Net income	`ProfitLoss`	$2.23M	USD	1 Quarter
Net income	`ProfitLoss`	$3.37M	USD	2 Qtrs
Net income	`ProfitLoss`	$17.99M	USD	1 Quarter
Net income	`ProfitLoss`	$24.69M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.14M	USD	1 Quarter
Net income	`ProfitLoss`	$6.71M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$340.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$945.00K	USD	2 Qtrs
(Gain)/loss on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.00K	USD	2 Qtrs
(Gain)/loss on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Bad debt expense	`ProvisionForLoanLossesExpensed`	$177.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForLoanLossesExpensed`	$157.00K	USD	2 Qtrs
Unrealized (gain)/loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$988.00K	USD	1 Quarter
Unrealized (gain)/loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-3.24M	USD	1 Quarter
Unrealized (gain)/loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$5.46M	USD	2 Qtrs
Unrealized (gain)/loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$2.20M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.26M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.20M	USD	2 Qtrs
Noncash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$561.00K	USD	2 Qtrs
Noncash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$513.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$46.60M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$27.17M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-4.73M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-27.25M	USD	2 Qtrs
Prepaid expenses, net supplier advances, and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.77M	USD	2 Qtrs
Prepaid expenses, net supplier advances, and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.71M	USD	2 Qtrs
Accounts payable, accrued expenses, and other liabilities	`IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndOtherLiabilitiesNoncurrent`	$14.82M	USD	2 Qtrs
Accounts payable, accrued expenses, and other liabilities	`IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndOtherLiabilitiesNoncurrent`	$-8.94M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$26.07M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-33.37M	USD	2 Qtrs
Cash paid for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$857.00K	USD	2 Qtrs
Cash paid for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$487.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-857.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-482.00K	USD	2 Qtrs
Proceeds from exercise of stock options/warrants	`ProceedsFromStockOptionsExercised`	$2.72M	USD	2 Qtrs
Proceeds from exercise of stock options/warrants	`ProceedsFromStockOptionsExercised`	$242.00K	USD	2 Qtrs
Borrowings on credit facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	2 Qtrs
Borrowings on credit facility	`ProceedsFromLongTermLinesOfCredit`	$22.00M	USD	2 Qtrs
Repayments of Long-term Lines of Credit	`RepaymentsOfLongTermLinesOfCredit`	-	USD	2 Qtrs
Repayments of Long-term Lines of Credit	`RepaymentsOfLongTermLinesOfCredit`	-	USD	2 Qtrs
Cash received (paid) on notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$-16.00K	USD	2 Qtrs
Cash received (paid) on notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$-12.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.71M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.23M	USD	2 Qtrs
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$371.00K	USD	2 Qtrs
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-276.00K	USD	2 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.28M	USD	2 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$28.66M	USD	2 Qtrs
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.41M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.69M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.29M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.63M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.41M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.69M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.29M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.63M	USD	Point-in-time

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, common stock (in shares)	`CommonStockSharesOutstanding`	56.44M	shares	Point-in-time
Beginning balance, common stock (in shares)	`CommonStockSharesOutstanding`	56.02M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$149.67M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.68M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$130.53M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$123.17M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$171.81M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$141.09M	USD	Point-in-time
Beginning balance, treasury stock (in shares)	`TreasuryStockCommonShares`	6.21M	shares	Point-in-time
Net income	`ProfitLoss`	$2.23M	USD	1 Quarter
Net income	`ProfitLoss`	$3.37M	USD	2 Qtrs
Net income	`ProfitLoss`	$17.99M	USD	1 Quarter
Net income	`ProfitLoss`	$24.69M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.14M	USD	1 Quarter
Net income	`ProfitLoss`	$6.71M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.81M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.39M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.16M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.11M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$90.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$151.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$603.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$173.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-196.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-64.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-254.00K	USD	1 Quarter
Ending balance, common stock (in shares)	`CommonStockSharesOutstanding`	56.44M	shares	Point-in-time
Ending balance, common stock (in shares)	`CommonStockSharesOutstanding`	56.02M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$149.67M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.68M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$130.53M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$123.17M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$171.81M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$141.09M	USD	Point-in-time
Ending balance, treasury stock (in shares)	`TreasuryStockCommonShares`	6.21M	shares	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.23M	USD	1 Quarter
Net income	`ProfitLoss`	$3.37M	USD	2 Qtrs
Net income	`ProfitLoss`	$17.99M	USD	1 Quarter
Net income	`ProfitLoss`	$24.69M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.14M	USD	1 Quarter
Net income	`ProfitLoss`	$6.71M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-450.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-196.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$109.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-64.00K	USD	1 Quarter
Total comprehensive income attributable to The Vita Coco Company, Inc.	`ComprehensiveIncomeNetOfTax`	$943.00K	USD	1 Quarter
Total comprehensive income attributable to The Vita Coco Company, Inc.	`ComprehensiveIncomeNetOfTax`	$2.92M	USD	2 Qtrs
Total comprehensive income attributable to The Vita Coco Company, Inc.	`ComprehensiveIncomeNetOfTax`	$24.80M	USD	2 Qtrs
Total comprehensive income attributable to The Vita Coco Company, Inc.	`ComprehensiveIncomeNetOfTax`	$17.92M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.