10-Q Filing

CELSIUS HOLDINGS, INC. CIK: 1341766 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001615774-17-004181`
Period End Date	20170630
Filing Date	20170809
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	celh-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 64 Cash Flow Statement 49

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`	$20.00M	USD	Point-in-time
Cash	`CashCashEquivalentsAndShortTermInvestments`	$11.75M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	6,380.00	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	6,380.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	6,380.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$4.85M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.79M	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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories, net	`InventoryNet`	$3.26M	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.21M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssets`	$937.35K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssets`	$1.96M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	40.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$30.07M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	45.34M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$17.68M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$37.20K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$33.53K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	45.34M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	40.00M	shares	Point-in-time
Total Assets	`Assets`	$30.11M	USD	Point-in-time
Total Assets	`Assets`	$17.72M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.23M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.75M	USD	Point-in-time
Accrued preferred dividends	`DividendsPayableCurrent`	$585.72K	USD	Point-in-time
Accrued preferred dividends	`DividendsPayableCurrent`	$353.67K	USD	Point-in-time
Deferred revenue and other current liabilities	`DeferredRevenueAndOtherCurrentLiabilities`	$214.61K	USD	Point-in-time
Deferred revenue and other current liabilities	`DeferredRevenueAndOtherCurrentLiabilities`	$131.32K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.95M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.32M	USD	Point-in-time
Line of credit note payable-related party	`NotesPayableRelatedPartiesNoncurrent`	$3.50M	USD	Point-in-time
Line of credit note payable-related party	`NotesPayableRelatedPartiesNoncurrent`	$4.50M	USD	Point-in-time
Total Liabilities	`Liabilities`	$7.45M	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.82M	USD	Point-in-time
Preferred Stock, $0.001 par value; 2,500,000 shares authorized, 6,380 shares issued and outstanding at June 30, 2017 and December 31, 2016	`PreferredStockValue`	$6.00	USD	Point-in-time
Preferred Stock, $0.001 par value; 2,500,000 shares authorized, 6,380 shares issued and outstanding at June 30, 2017 and December 31, 2016	`PreferredStockValue`	$6.00	USD	Point-in-time
Common stock, $0.001 par value; 75,000,000 shares authorized, 45,340,230 and 39,999,784 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$45.34K	USD	Point-in-time
Common stock, $0.001 par value; 75,000,000 shares authorized, 45,340,230 and 39,999,784 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$40.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$77.57M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$64.21M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-54.95M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-53.35M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$10.89M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$22.66M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$30.11M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$17.72M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueGoodsNet`	$9.85M	USD	2 Qtrs
Revenue	`SalesRevenueGoodsNet`	$10.24M	USD	1 Quarter
Revenue	`SalesRevenueGoodsNet`	$6.17M	USD	1 Quarter
Revenue	`SalesRevenueGoodsNet`	$16.24M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsSold`	$5.57M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsSold`	$5.67M	USD	1 Quarter
Cost of revenue	`CostOfGoodsSold`	$9.29M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsSold`	$3.41M	USD	1 Quarter
Gross profit	`GrossProfit`	$6.95M	USD	2 Qtrs
Gross profit	`GrossProfit`	$4.57M	USD	1 Quarter
Gross profit	`GrossProfit`	$4.28M	USD	2 Qtrs
Gross profit	`GrossProfit`	$2.76M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$2.42M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$4.57M	USD	2 Qtrs
Selling and marketing expenses	`SellingAndMarketingExpense`	$4.97M	USD	2 Qtrs
Selling and marketing expenses	`SellingAndMarketingExpense`	$3.19M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.64M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.85M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$979.72K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.70M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$6.83M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$4.16M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.27M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$4.06M	USD	1 Quarter
Income (Loss) from operations	`OperatingIncomeLoss`	$-1.32M	USD	2 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$509.25K	USD	1 Quarter
Income (Loss) from operations	`OperatingIncomeLoss`	$-1.40M	USD	1 Quarter
Income (Loss) from operations	`OperatingIncomeLoss`	$-2.54M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$113.75K	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$38.48K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$56.88K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$86.53K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-86.53K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-113.75K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-38.48K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-56.88K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$470.77K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-1.46M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-1.41M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-2.66M	USD	2 Qtrs
Preferred stock dividend	`PreferredStockDividendsAndOtherAdjustments`	$181.49K	USD	2 Qtrs
Preferred stock dividend	`PreferredStockDividendsAndOtherAdjustments`	$173.31K	USD	2 Qtrs
Preferred stock dividend	`PreferredStockDividendsAndOtherAdjustments`	$91.25K	USD	1 Quarter
Preferred stock dividend	`PreferredStockDividendsAndOtherAdjustments`	$86.65K	USD	1 Quarter
Net income (Loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.83M	USD	2 Qtrs
Net income (Loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.54M	USD	1 Quarter
Net income (Loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$379.52K	USD	1 Quarter
Net income (Loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.59M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.07	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.04	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.07	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.54M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.46M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	43.23M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.65M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.46M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.23M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.88M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.54M	shares	1 Quarter

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$470.77K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-1.46M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-1.41M	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-2.66M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.37K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.67K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.36M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.06M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$2.07M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$932.11K	USD	2 Qtrs
Inventories net	`IncreaseDecreaseInInventories`	$250.86K	USD	2 Qtrs
Inventories net	`IncreaseDecreaseInInventories`	$1.05M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$437.15K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.03M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.63M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-231.52K	USD	2 Qtrs
Accrued preferred dividends	`IncreaseDecreaseInPreferredDividendPayable`	$-101.11K	USD	2 Qtrs
Accrued preferred dividends	`IncreaseDecreaseInPreferredDividendPayable`	$-101.67K	USD	2 Qtrs
Deferred revenue and other current liabilities	`IncreaseDecreaseInDeferredRevenueAndOtherCurrentLiabilities`	$-83.29K	USD	2 Qtrs
Deferred revenue and other current liabilities	`IncreaseDecreaseInDeferredRevenueAndOtherCurrentLiabilities`	$774.97K	USD	2 Qtrs
Net cash provided by (used in) in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.77M	USD	2 Qtrs
Net cash provided by (used in) in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.74M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.33K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.35K	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-12.33K	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-12.35K	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$10.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.30K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$998.73K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$11.00M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$5.30K	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.78M	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.25M	USD	2 Qtrs
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$11.75M	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$20.00M	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.35M	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$10.13M	USD	Point-in-time
Cash at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$11.75M	USD	Point-in-time
Cash at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$20.00M	USD	Point-in-time
Cash at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.35M	USD	Point-in-time
Cash at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$10.13M	USD	Point-in-time
Interest	`InterestPaid`	$113.75K	USD	2 Qtrs
Interest	`InterestPaid`	$86.53K	USD	2 Qtrs
Income Taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Income Taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Accrued preferred dividends	`AccruedPreferredDividend`	$181.49K	USD	2 Qtrs
Accrued preferred dividends	`AccruedPreferredDividend`	$173.31K	USD	2 Qtrs
Conversion of convertible note to common shares, related-party	`ConversionOfConvertibleNoteToCommonSharesRelatedParty`	$1.00M	USD	2 Qtrs
Conversion of convertible note to common shares, related-party	`ConversionOfConvertibleNoteToCommonSharesRelatedParty`	-	USD	2 Qtrs

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