Company: CELH
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001341766-25-000080
Chunk: 61

Company: Celsius Holdings, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 1
Chunk 61
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 by operating activities:Depreciation and amortization2,611 1,229 Allowance for credit losses[1]2,077 2,250 Amortization of deferred other costs[2]3,531 3,531 Inventory excess and obsolescence5,337 2,386 Stock-based compensation expense5,029 3,563 Deferred income taxes-net269 6,450 Other operating activities (1,014)361 Changes in operating assets and liabilities:Accounts and note receivable-net[3]11,841 (18,664)Inventories4,794 29,386 Prepaid expenses and other current assets(3,687)(2,076)Other long-term assets(1,700)(7,672)Accounts payable[4]11,679 (3,013)Accrued expenses[5](8,673)1,750 Income taxes payable15,353 8,250 Accrued promotional allowance[6]15,379 29,414 Other current liabilities(1,648)2,094 Deferred revenue[2](2,378)(2,378)Other long-term liabilities148 (23)Net cash provided by operating activities103,367 134,649 Cash flows from investing activities:Purchase of property, plant and equipment[7](6,944)(4,525)Net cash used in investing activities(6,944)(4,525)Cash flows from financing activities:Cash dividends paid on Series A convertible preferred stock[2](6,781)(6,837)Repurchase of common stock related to tax withholdings(1,932)— Payment of debt issuance costs(2,195)— Other financing activities321 952 Net cash used in financing activities(10,587)(5,885)Effect on exchange rate changes on cash and cash equivalents1,259 (722)Net increase in cash and cash equivalents87,095 123,517 Cash and cash equivalents at beginning of the period890,190 755,981 Cash and cash equivalents at end of the period$977,285 $879,498 Supplemental disclosures:Cash paid for:Taxes$669 $320 

[1] Includes $(0.3) million and $(0.1) million associated with a related party for the three months ended March 31, 2025 and 2024, respectively.

[2]