10-Q Filing

CELSIUS HOLDINGS, INC. CIK: 1341766 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001615774-16-008159`
Period End Date	20160930
Filing Date	20161110
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	celh-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 64 Cash Flow Statement 62

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	2.50M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	2.50M	shares	Point-in-time
Cash	`CashCashEquivalentsAndShortTermInvestments`	$7.77M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	6,380.00	shares	Point-in-time
Cash	`CashCashEquivalentsAndShortTermInvestments`	$10.13M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	6,380.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.13M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	6,380.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$3.40M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	6,380.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.11M	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.32M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssets`	$937.53K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssets`	$666.27K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.21M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	38.38M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	38.67M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$15.24M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	38.38M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$21.32K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	38.67M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$36.51K	USD	Point-in-time
Total Assets	`Assets`	$14.25M	USD	Point-in-time
Total Assets	`Assets`	$15.27M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.71M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.81M	USD	Point-in-time
Accrued preferred dividend	`DividendsPayableCurrent`	$190.85K	USD	Point-in-time
Accrued preferred dividend	`DividendsPayableCurrent`	$314.89K	USD	Point-in-time
Deferred revenue and other current liabilities	`DeferredRevenueAndOtherCurrentLiabilities`	$25.06K	USD	Point-in-time
Deferred revenue and other current liabilities	`DeferredRevenueAndOtherCurrentLiabilities`	$536.54K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.02M	USD	Point-in-time
Line of credit note payable-related party	`NotesPayableRelatedPartiesNoncurrent`	$4.50M	USD	Point-in-time
Line of credit note payable-related party	`NotesPayableRelatedPartiesNoncurrent`	$4.50M	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.52M	USD	Point-in-time
Total Liabilities	`Liabilities`	$7.06M	USD	Point-in-time
Preferred Stock, $0.001 par value; 2,500,000 shares authorized, 6,380 and 6,380 shares issued and outstanding at September 30, 2016 and December 31, 2015	`PreferredStockValue`	$6.00	USD	Point-in-time
Preferred Stock, $0.001 par value; 2,500,000 shares authorized, 6,380 and 6,380 shares issued and outstanding at September 30, 2016 and December 31, 2015	`PreferredStockValue`	$6.00	USD	Point-in-time
Common stock, $0.001 par value; 75,000,000 shares authorized, 38,666,451 and 38,380,380 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$38.67K	USD	Point-in-time
Common stock, $0.001 par value; 75,000,000 shares authorized, 38,666,451 and 38,380,380 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$38.38K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$58.63M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$59.99M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-52.84M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-49.92M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$8.74M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$7.19M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$15.27M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$14.25M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueGoodsNet`	$6.66M	USD	1 Quarter
Revenue	`SalesRevenueGoodsNet`	$12.96M	USD	3 Qtrs
Revenue	`SalesRevenueGoodsNet`	$3.65M	USD	1 Quarter
Revenue	`SalesRevenueGoodsNet`	$16.51M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsSold`	$9.34M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsSold`	$2.14M	USD	1 Quarter
Cost of revenue	`CostOfGoodsSold`	$7.58M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsSold`	$3.77M	USD	1 Quarter
Gross profit	`GrossProfit`	$5.38M	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.51M	USD	1 Quarter
Gross profit	`GrossProfit`	$7.17M	USD	3 Qtrs
Gross profit	`GrossProfit`	$2.88M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$1.74M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$1.64M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$3.69M	USD	3 Qtrs
Selling and marketing expenses	`SellingAndMarketingExpense`	$6.71M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.08M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$616.70K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.94M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.51M	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$6.19M	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$9.65M	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$2.26M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$2.82M	USD	1 Quarter
Income (Loss) from operations	`OperatingIncomeLoss`	$-2.48M	USD	3 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$-819.25K	USD	3 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$67.45K	USD	1 Quarter
Income (Loss) from operations	`OperatingIncomeLoss`	$-752.04K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$57.50K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$57.99K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$171.25K	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$264.72K	USD	3 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-57.99K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-57.50K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-264.72K	USD	3 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-171.25K	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-810.03K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$9.95K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-1.08M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-2.65M	USD	3 Qtrs
Preferred stock dividend	`PreferredStockDividendsAndOtherAdjustments`	$85.45K	USD	1 Quarter
Preferred stock dividend	`PreferredStockDividendsAndOtherAdjustments`	$102.96K	USD	1 Quarter
Preferred stock dividend	`PreferredStockDividendsAndOtherAdjustments`	$193.39K	USD	3 Qtrs
Preferred stock dividend	`PreferredStockDividendsAndOtherAdjustments`	$276.26K	USD	3 Qtrs
Net (Loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.28M	USD	3 Qtrs
Net (Loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-895.49K	USD	1 Quarter
Net (Loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-93.01K	USD	1 Quarter
Net (Loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.92M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.08	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.04	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.08	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.42M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.53M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.38M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.67M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.53M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.38M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.67M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.42M	shares	3 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-810.03K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$9.95K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-1.08M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-2.65M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$26.52K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.35K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.16M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.36M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-1.01M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$1.28M	USD	3 Qtrs
Inventories net	`IncreaseDecreaseInInventories`	$102.21K	USD	3 Qtrs
Inventories net	`IncreaseDecreaseInInventories`	$-216.57K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$271.27K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$957.22K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-95.43K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$867.12K	USD	3 Qtrs
Accrued preferred dividends	`IncreaseDecreaseInPreferredDividendPayable`	$-152.20K	USD	3 Qtrs
Accrued preferred dividends	`IncreaseDecreaseInPreferredDividendPayable`	$-156.10K	USD	3 Qtrs
Deferred revenue and other current liabilities	`IncreaseDecreaseInDeferredRevenueAndOtherCurrentLiabilities`	$187.47K	USD	3 Qtrs
Deferred revenue and other current liabilities	`IncreaseDecreaseInDeferredRevenueAndOtherCurrentLiabilities`	$511.48K	USD	3 Qtrs
Net cash provided by (used in) in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.34M	USD	3 Qtrs
Net cash provided by (used in) in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$945.38K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.35K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$27.54K	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-27.54K	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-4.35K	USD	3 Qtrs
Borrowing under revolving note payable, related-party	`ProceedsFromRelatedPartyDebt`	-	USD	3 Qtrs
Borrowing under revolving note payable, related-party	`ProceedsFromRelatedPartyDebt`	$450.00K	USD	3 Qtrs
Repayment on short term notes payable, related-party	`RepaymentsOfRelatedPartyDebt`	$1.20M	USD	3 Qtrs
Repayment on short term notes payable, related-party	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$11.39M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.30K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Payments on short term notes payable	`RepaymentsOfNotesPayable`	-	USD	3 Qtrs
Payments on short term notes payable	`RepaymentsOfNotesPayable`	$74.46K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$5.30K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$10.56M	USD	3 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$11.50M	USD	3 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.36M	USD	3 Qtrs
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$11.85M	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$349.07K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$10.13M	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.77M	USD	Point-in-time
Cash at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$11.85M	USD	Point-in-time
Cash at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$349.07K	USD	Point-in-time
Cash at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$10.13M	USD	Point-in-time
Cash at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.77M	USD	Point-in-time
Interest	`InterestPaid`	$206.73K	USD	3 Qtrs
Interest	`InterestPaid`	$113.75K	USD	3 Qtrs
Income Taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Income Taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Borrowing under short term notes payable for prepaid expense	`NotesAssumed1`	-	USD	3 Qtrs
Borrowing under short term notes payable for prepaid expense	`NotesAssumed1`	$91.10K	USD	3 Qtrs
Accrued preferred dividends	`AccruedPreferredDividend`	$156.51K	USD	3 Qtrs
Accrued preferred dividends	`AccruedPreferredDividend`	$276.24K	USD	3 Qtrs
Preferred stock issuance in exchange for cancellation of revolving note payable, related-party	`StockIssued1`	$4.00M	USD	3 Qtrs
Preferred stock issuance in exchange for cancellation of revolving note payable, related-party	`StockIssued1`	-	USD	3 Qtrs
Conversion of convertible note to common shares, related-party	`ConversionOfConvertibleNoteToCommonSharesRelatedParty`	$1.50M	USD	3 Qtrs
Conversion of convertible note to common shares, related-party	`ConversionOfConvertibleNoteToCommonSharesRelatedParty`	-	USD	3 Qtrs
Conversion of accrued preferred dividend into preferred shares, related-party	`ConversionOfAccruedPreferredDividendIntoPreferredSharesRelatedParty`	-	USD	3 Qtrs
Conversion of accrued preferred dividend into preferred shares, related-party	`ConversionOfAccruedPreferredDividendIntoPreferredSharesRelatedParty`	$180.00K	USD	3 Qtrs

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