10-Q Filing

CELSIUS HOLDINGS, INC. CIK: 1341766 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001615774-17-006346`
Period End Date	20170930
Filing Date	20171108
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	celh-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 64 Cash Flow Statement 52

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`	$19.42M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	6,380.00	shares	Point-in-time
Cash	`CashCashEquivalentsAndShortTermInvestments`	$11.75M	USD	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`	$7.07M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	6,380.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.79M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$2.21M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$4.32M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssets`	$3.07M	USD	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
Common stock, authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	40.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	45.68M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$17.68M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$33.88M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$33.53K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	40.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$49.96K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	45.68M	shares	Point-in-time
Total Assets	`Assets`	$33.93M	USD	Point-in-time
Total Assets	`Assets`	$17.72M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$8.41M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.75M	USD	Point-in-time
Accrued preferred dividends	`DividendsPayableCurrent`	$475.74K	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`	$52.99K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.32M	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`	$3.50M	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.44M	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 September 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 September 30, 2017 and December 31, 2016	`PreferredStockValue`	$6.00	USD	Point-in-time
Common stock, $0.001 par value; 75,000,000 shares authorized, 45,679,093 and 39,999,784 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$40.00K	USD	Point-in-time
Common stock, $0.001 par value; 75,000,000 shares authorized, 45,679,093 and 39,999,784 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$45.68K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$78.10M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$64.21M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-53.35M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-56.66M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$21.49M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$10.89M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$33.93M	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`	$10.79M	USD	1 Quarter
Revenue	`SalesRevenueGoodsNet`	$27.02M	USD	3 Qtrs
Revenue	`SalesRevenueGoodsNet`	$16.51M	USD	3 Qtrs
Revenue	`SalesRevenueGoodsNet`	$6.66M	USD	1 Quarter
Cost of revenue	`CostOfGoodsSold`	$15.40M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsSold`	$3.77M	USD	1 Quarter
Cost of revenue	`CostOfGoodsSold`	$6.11M	USD	1 Quarter
Cost of revenue	`CostOfGoodsSold`	$9.34M	USD	3 Qtrs
Gross profit	`GrossProfit`	$2.88M	USD	1 Quarter
Gross profit	`GrossProfit`	$11.62M	USD	3 Qtrs
Gross profit	`GrossProfit`	$7.17M	USD	3 Qtrs
Gross profit	`GrossProfit`	$4.67M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$4.70M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$1.74M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$6.71M	USD	3 Qtrs
Selling and marketing expenses	`SellingAndMarketingExpense`	$9.27M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.94M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.56M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.08M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$5.26M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$2.82M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.65M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$6.26M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$14.53M	USD	3 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$-1.59M	USD	1 Quarter
Income (Loss) from operations	`OperatingIncomeLoss`	$-2.91M	USD	3 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$-2.48M	USD	3 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$67.45K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$122.19K	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$171.25K	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$57.50K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$35.66K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-35.66K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-171.25K	USD	3 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-122.19K	USD	3 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-57.50K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$9.95K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-2.65M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-3.03M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-1.62M	USD	1 Quarter
Preferred stock dividend	`PreferredStockDividendsAndOtherAdjustments`	$273.74K	USD	3 Qtrs
Preferred stock dividend	`PreferredStockDividendsAndOtherAdjustments`	$102.96K	USD	1 Quarter
Preferred stock dividend	`PreferredStockDividendsAndOtherAdjustments`	$276.26K	USD	3 Qtrs
Preferred stock dividend	`PreferredStockDividendsAndOtherAdjustments`	$92.25K	USD	1 Quarter
Net income (Loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.71M	USD	1 Quarter
Net income (Loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-93.01K	USD	1 Quarter
Net income (Loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.92M	USD	3 Qtrs
Net income (Loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.31M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.08	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.08	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.08	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.08	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.49M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.67M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	43.99M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.53M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.99M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.67M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.49M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.53M	shares	3 Qtrs

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$9.95K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.65M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-3.03M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-1.62M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.35K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.29K	USD	3 Qtrs
Stock-based compensation expense for services	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	3 Qtrs
Stock-based compensation expense for services	`StockIssuedDuringPeriodValueShareBasedCompensation`	$328.00K	USD	3 Qtrs
Stock-based option compensation expense	`ShareBasedCompensation`	$1.36M	USD	3 Qtrs
Stock-based option compensation expense	`ShareBasedCompensation`	$1.64M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$4.28M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$1.28M	USD	3 Qtrs
Inventories net	`IncreaseDecreaseInInventories`	$-216.57K	USD	3 Qtrs
Inventories net	`IncreaseDecreaseInInventories`	$2.11M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$271.27K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.13M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.66M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-95.43K	USD	3 Qtrs
Accrued preferred dividends	`IncreaseDecreaseInPreferredDividendPayable`	$-152.20K	USD	3 Qtrs
Accrued preferred dividends	`IncreaseDecreaseInPreferredDividendPayable`	$-151.67K	USD	3 Qtrs
Deferred revenue and other current liabilities	`IncreaseDecreaseInDeferredRevenueAndOtherCurrentLiabilities`	$-161.62K	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`	$-3.23M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$27.54K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$30.72K	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-27.54K	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-30.72K	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$10.00M	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`	$934.07K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$5.30K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$10.93M	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.36M	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$7.67M	USD	3 Qtrs
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 beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$19.42M	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$11.75M	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
Cash at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$19.42M	USD	Point-in-time
Cash at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$11.75M	USD	Point-in-time
Interest	`InterestPaid`	$137.01K	USD	3 Qtrs
Interest	`InterestPaid`	$113.75K	USD	3 Qtrs
Income Taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income Taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Accrued preferred dividends	`AccruedPreferredDividend`	$273.74K	USD	3 Qtrs
Accrued preferred dividends	`AccruedPreferredDividend`	$276.24K	USD	3 Qtrs
Conversion of convertible note to common shares, related-party	`ConversionOfConvertibleNoteToCommonSharesRelatedParty`	-	USD	3 Qtrs
Conversion of convertible note to common shares, related-party	`ConversionOfConvertibleNoteToCommonSharesRelatedParty`	$1.00M	USD	3 Qtrs

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