Company: CELH
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001341766-25-000104
Chunk: 24

Company: Celsius Holdings, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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 total purchase consideration is presented below:Purchase ConsiderationGoodwillProperty, Plant and Equipment AcquiredOther Net Identifiable Assets AcquiredBig Beverages Acquisition$76,812 $58,257 $13,254 $5,301 The acquired intangible asset fair values consisted of the following, which are amortized on a straight-line basis over their estimated useful lives:Estimated Useful Life in YearsAt November 1, 2024Customer relationships6$900 Brands3500 Intangibles$1,400 The fair value of identifiable intangible assets was estimated using discounted cash flow models with level 3 inputs. Customer relationships were valued using the multi-period excess earnings method, and the brand was valued using the relief-from-royalty method. Goodwill recognized in the transaction reflects expected synergies, including enhanced manufacturing capabilities and the assembled workforce, and was allocated to the Company’s single reporting unit. Acquisition-related costs of approximately $0.3 million were expensed as incurred and recorded in selling, general and administrative expenses.

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Celsius Holdings, Inc.Notes to the Condensed Consolidated Financial Statements (Unaudited)June 30, 2025(Tabular dollars in thousands, except per share amounts)

6.     DEBT

Debt consisted of the following:June 30, 2025Term loan, due 2032$900,000 Less: current portion[1](9,000)Less: unamortized discount and debt issuance costs(28,083)Total long-term debt$862,917 [1] The current portion of the Company’s debt is included in other current liabilities on the unaudited condensed consolidated balance sheet.The Company’s debt outstanding as of June 30, 2025 matures as follows:2025$4,500 20269,000 20279,000 20289,000 20299,000 Thereafter859,500 Total Debt$900,000 Unamortized discounts and debt issuance costs(28,083)Total debt, net of unamortized discounts and debt issuance costs$871,917 Credit AgreementOn April 1, 2025, Celsius Holdings, Inc. and Celsius, Inc., as borrowers, certain subsidiaries of Celsius as guarantors, the lenders and issuing banks from time to time party thereto and UBS AG, Stamford Branch, as administrative agent and collateral agent, entered into a credit agreement (the "Credit Agreement").