Company: CELH
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001341766-25-000080
Chunk: 60

Company: Celsius Holdings, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 1
Chunk 60
---
(73)— (1,932)— — (1,932)— — Treasury Stock(6)— (137)— — (137)— — Foreign currency translation—— — 2,249 — 2,249 — — Net income—— — — 44,419 44,419 — — Balance at March 31, 2025235,283$79 $300,877 $(1,001)$143,159 $443,114 1,467 $824,488 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements

5

Celsius Holdings, Inc.

Condensed Consolidated Statements of Changes in Stockholders’ Equity and Mezzanine Equity

(In thousands, except per share amounts)

(Unaudited)

Stockholders' Equity Mezzanine EquityCommon StockSharesAmountAdditionalPaid-InCapital AccumulatedOtherComprehensiveLoss(Accumulated Deficit) Retained Earnings Total Stockholders' Equity Preferred StockAmountBalance at December 31, 2023231,787$77 $276,717 $(701)$(12,053)$264,040 1,467 $824,488 Stock-based compensation—— 3,563 — — 3,563 — — Stock option exercises, RSUs and PSUs converted to common stock1,2831 967 — — 968 — — Dividends paid on Series A convertible preferred stock ($4.66 per share)—— — — (6,837)(6,837)— — Foreign currency translation—— — (1,354)— (1,354)— — Net income—— — — 77,811 77,811 — — Balance at March 31, 2024233,070$78 $281,247 $(2,055)$58,921 $338,191 1,467 $824,488 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements

6

Celsius Holdings, Inc.

Condensed Consolidated Statements of Cash Flows

(in thousands)

(Unaudited)

Three Months Ended March 31,20252024Cash flows from operating activities:Net income$44,419 $77,811 Adjustments to reconcile net income to net cash provided