Company: CELH
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001341766-25-000024
Chunk: 19

Company: Celsius Holdings, Inc.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 19
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644 Income taxes payable(39,536)48,102 (164)Accrued promotional allowance[6]36,161 63,810 16,940 Accrued distributor termination fees(248)(3,739)3,986 Other current liabilities4,920 7,305 2,610 Change in right of use asset and lease liability-net535 (102)(183)Deferred revenue[2](9,513)(12,723)189,463 Other long-term assets(4,862)(28)37 Net cash provided by operating activities262,898 141,218 108,182 Cash flows from investing activities:Collections from note receivable— 3,233 2,592 Purchase of property, plant and equipment[7](23,390)(17,433)(8,264)Purchase of non-marketable equity securities(3,000)— — Acquisition of Big Beverages Contract Manufacturing L.L.C., net of cash acquired(75,336)— — Net cash used in investing activities(101,726)(14,200)(5,672)Cash flows from financing activities:Principal payments on finance lease obligations(61)(44)(63)Proceeds from exercise of stock options3,856 2,285 3,683 Proceeds from issuance of Series A preferred shares, net of issuance costs— — 542,018 Cash dividends paid on Series A convertible preferred stock[2](27,500)(27,462)(11,526)Repurchase of common stock related to tax withholdings(2,261)— — Net cash (used in) provided by financing activities(25,966)(25,221)534,112 Effect on exchange rate changes on cash and cash equivalents(997)1,257 50 Net increase in cash and cash equivalents134,209 103,054 636,672 Cash and cash equivalents at beginning of the period755,981 652,927 16,255 Cash and cash equivalents at end of the period$890,190 $755,981 $652,927 Supplemental disclosures:Cash paid for:Taxes$99,134 $56,748 $14,335 

[1] Includes $0.6 million and $0.1 million associated with a related party for the years ended December 31, 2024 and 2023 with no balance for 202