7Baggers

CELH Stock Cash Flow Statements

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     Operating Cash Flow  
     Investing Cash Flow  
     Financing Cash Flow  
     Net Income  
    Quarterly
     | 
    Annual
     
    20180930 20181231 20190331 20191231 20200331 20200630 20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 -181.9-78.8824.15127.17230.19333.21436.23539.25Milllion
    Quarterly Cash Flow Statements
    Quarterly
     | 
    Annual
     
      Unit: USD2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2011-03-31 
                                    
        cash flows from operating activities:                            
        net income50,116,000 83,949,000 51,509,000 41,227,000 -21,223,000 -181,897,000 9,159,000 6,679,000 -3,354,286 2,745,791 3,960,344 585,424 1,665,861 4,753,603 1,558,334 546,051  11,656,594 -849,772 -4,131,714 -3,348,658 -2,876,504 -5,207,812 -1,622,244 470,773 -1,881,300 -419,542 -459,632 
        adjustments to reconcile net income to net cash from operating activities:                            
        impairment of intangible assets    0                        
        allowance for credit losses248,000 792,000 251,000 837,000                         
        amortization of deferred other costs3,531,000 3,531,000 3,531,000 3,531,000 3,531,000                        
        inventory excess and obsolescence4,635,000 6,565,000 -5,560,000 1,672,000 5,053,000 747,000 -2,265,000 2,596,000                     
        loss on disposal of property and equipment3,000 4,000                           
        stock-based compensation expense5,005,000 4,979,000     4,207,000 4,310,000 23,074,580 5,803,321 4,022,259 3,575,001 1,621,301 2,143,700 1,174,999 1,400,000 1,477,455 1,358,503   1,179,765 770,862   580,415 782,314 217,647  
        deferred income taxes-net2,248,000 -3,259,000                           
        foreign exchange loss988,000 52,000 137,000 69,000                         
        gain on lease cancellations        -13,248    0 0               
        changes in operating assets and liabilities:                            
        accounts receivable-net31,713,000 -17,671,000 -25,961,000 -109,639,000 52,598,000 -51,047,000 6,500,000 -34,420,000 3,058,701 -10,039,888 -9,032,715 -9,234,501 1,562,666 -4,362,889 -1,522,134 -3,146,415             
        inventories-net-35,207,000 -52,724,000    7,458,000 24,222,000 4,531,000                     
        prepaid expenses and other current assets4,426,000 -348,000 -7,892,000 -4,166,000 755,000 202,000 -2,256,000 3,513,000 9,274,473 -84,869 -5,560,712 -2,557,007 -9,895,035 -419,333 359,167 -501,586 1,282,420 -707,984 1,037,300 -662,608 483,992 -1,977,614 1,887,846 -1,104,655 -149,652 -876,634 185 -146,319 
        accounts payable                            
        accrued expenses                            
        income taxes payable-9,560,000 57,000                           
        accrued promotional allowance-36,770,000 37,585,000 30,747,000 32,248,000                         
        accrued distributor termination fees247,000 0 -1,063,000 -2,923,000 -111,565,000                        
        other current liabilities2,066,000 1,716,000 2,015,000 1,508,000 319,000 471,000                       
        change in right of use and lease obligation-net-38,000 -26,000 -23,000 -15,000                         
        deferred revenue-2,130,000 -2,374,000 -3,594,000 -4,625,000 35,360,000                        
        other assets-26,000 -10,000 12,000 -4,000 -19,000                        
        net cash from operating activities5,172,000 90,835,000 59,042,000 -13,831,000       -17,011,463 -13,318,001   -428,534 -3,817,544 2,000,452 -6,793,712 -2,641,556   -4,275,713      -649,141 
        cash flows from investing activities:                            
        collections from note receivable0 0                           
        purchase of property and equipment-4,746,000 -5,877,000 -4,557,000 -2,253,000 -4,787,000 -1,021,000 -1,714,000 -742,000 -755,068 -1,179,252 -518,207 -697,843 -157,080 -100,894 -208,405 -107,372 -22,653  -16,935 -15,419 -66,346 -11,717 -18,818 -18,370 -6,014 -6,332 -3,295  
        net cash (used in) investing activities-4,746,000                   -15,419 -66,346 -11,717 -18,818 -18,370 -6,014 -6,332 4,465  
        cash flows from financing activities:                            
        principal payments on finance lease obligations-11,000 -11,000 -11,000 -11,000 -14,000 -12,000 -17,000 -20,000  -22,794 -24,443 -25,149                 
        proceeds from exercise of stock options682,000 896,000 229,000 478,000 579,000 1,844,000 450,000 810,000 478,068 727,056 1,799,107 715,910 1,830,448 1,591,679 489,317 215,347 0 24,760 121,309 0 37,681 142,023 12,502 -64,660 973,733 25,000 0  
        proceeds from issuance of series a preferred shares, net of issuance costs    0                        
        dividends paid on preferred shares-6,950,000 -6,875,000 -6,856,000 -6,781,000 -6,930,000                        
        net cash from financing activities-6,279,000 -5,990,000 -6,638,000 -6,314,000 -6,365,000 539,254,000 433,000 790,000 456,353 704,262 69,544,050 690,761 -8,448,740 23,537,616 331,347 151,265 -26,486 1,524,760 5,121,309 0 37,681 142,023 12,502 -64,660 973,733 10,024,948 4,000,000 -13,433 
        effect on exchange rate changes on cash and cash equivalents   -181,000     -301,404 -212,755 140,926 -164,536 144,169 520,973 -8,705 -222,930             
        net increase in cash, cash equivalents and restricted cash   -19,346,000                         
        cash, cash equivalents and restricted cash at beginning of the period   652,927,000                         
        cash, cash equivalents and restricted cash at end of the period   633,581,000                         
        supplemental disclosures:                            
        cash paid during period for:                            
        taxes23,699,000 23,016,000 9,625,000 408,000 13,744,000 -1,509,000                       
        interest       2,000 2,067   1,605 148,422 41,976 121,400 136,018 0 28,632 41,984 44,439 49,727 38,259 23,841 50,480 38,478 48,056 0  
        depreciation 723,000 549,000 404,000 410,000 396,000 311,000 245,000 29,924 341,340 70,227 108,198 45,083 31,829 -74,588 124,939             
        amortization 151,000 149,000 145,000 153,000 127,000 134,000 141,000 162,732 175,659 187,471 187,670 386,882 373,639 541,448 309,597             
        accounts payable and accrued expenses 27,143,000 -12,673,000 182,000 -16,554,000 41,126,000 -7,406,000 17,742,000 -1,508,553 39,115,245 15,466,686 12,112,637 7,295,142 -2,031,690 126,954 2,729,700 2,652,230 -2,070,134 344,063 7,013,057 -2,731,833 3,908,101 -2,099,162 5,030,379 -199,314 1,825,713 43,730 -132,122 
        effect of exchange rate changes on cash and cash equivalents 0                288,584  65,949 33,685 -53,504       
        net increase in cash and cash equivalents 78,968,000        -22,412,779   -8,910,077                
        cash and cash equivalents at beginning of the period 0       0 0 0 43,248,021 0 0 0 23,090,682             
        cash and cash equivalents at end of the period 78,968,000        -22,412,779 52,155,306 31,634,675 -8,910,077 32,047,283 1,016,714 19,094,101             
        cash paid for:                            
        other long-term liabilities                            
        net cash from investing activities  -4,557,000 980,000  -1,021,000         1,122,606 -107,372             
        share-based payment expense   5,507,000                         
        deferred income taxes   2,873,000                         
        inventory-net   17,338,000     -71,253,009                    
        proceeds from note receivable   3,233,000 0 0   0 9,451 0 1,876,273 0 0               
        adjustments to reconcile net income to net cash (used in)/provided by operating activities:                            
        bad debt expense    1,647,000 239,000 11,000 455,000 1,700,828                    
        foreign exchange gain                            
        net cash from in investing activities                            
        payments on bonds payable                            
        cash paid on taxes on restricted stock awards                            
        net proceeds from collection of section 16b short swing profit                            
        european acquisition adjustment:                            
        adjustments to reconcile net income to net cash from /(used in) operating activities:                            
        share-based compensation expense                            
        un-realized exchange gain                            
        deferred tax-net     30,257,000 -1,489,000 2,561,000                     
        change in right of use assets and lease obligation-net     -31,000 -17,000 -78,000                     
        net cash provided by/(used in) operating activities     128,671,000                       
        proceeds from issuance of common stock                            
        effect on exchange rate changes on cash     37,000 17,000 104,000                     
        net increase in cash and restricted cash                            
        cash and restricted cash at beginning of the period                            
        cash and restricted cash at end of the period                            
        supplemental cash flow disclosures:                            
        united states     829,000 1,303,000 3,330,000                     
        sweden     -18,000 -47,000 1,314,000                     
        finland     14,000 -50,000 419,000                     
        norway                            
        long-lived assets related to foreign operations     11,000 -97,000 1,733,000                     
        total long-lived assets-net     840,000 1,206,000 5,063,000                     
        adjustments to reconcile net income to net cash /provided/(used in) by operating activities:                            
        un-realized exchange loss      517,000 85,000                     
        proceeds from capital raise         0                   
        cash at beginning of the period      0 16,255,000          7,743,181  0 0 14,186,624  0 0 11,747,138   
        cash at end of the period      34,499,000 25,532,000          2,762,813  -3,181,799 -1,491,802 9,987,713  -579,160 -906,744 20,904,487   
        deposits and other current liabilities       765,000                     
        net cash (used in)/provided by operating activities       9,125,000                     
        net cash provided by/(used in) investing activities       -742,000                     
        net increase/(decrease) in cash       9,277,000                     
        deferred tax asset-net                            
        deferred tax liability-net        0                    
        net cash (used)/provided by operating activities                            
        net cash provided/(used) in investing activities           1,178,430 -157,080                
        principal payments on financial lease obligations                            
        net (decrease)/increase in cash                            
        unrealized currency gain                            
        inventory excess and obsolescence expense                            
        change in right-of-use asset and lease liability-net         22,495 12,545 -4,575                 
        net cash (used in)/provided by investing activities                            
        non-cash investing and financing activities:                            
        bad debt allowance          631,572 223,034 12,492 23,503 -40 221,222             
        inventory excess and obsolescence allowance          506,141 753,935 535,685 349,192 133,340 -270,710             
        deposits/deferred revenue and other current liabilities          165,597 174,355 -353,304 147,710 6,570 102,743             
        cash paid during period for: interest                            
        inventory           -19,242,172 -3,260,115 7,484,034 -2,607,391 -5,475,308 -2,497,942 258,688           
        net decrease in cash and cash equivalents           -11,613,346                 
        cash consideration for acquisition-net of cash from acquisition                            
        proceeds from notes payable-related-party                            
        debt conversion and related accrued expenses                            
        net cash provided/(used) in operating activities                            
        cash paid to escrow for acquisition                            
        adjustments to reconcile net income/(loss) to net cash provided/used in operating activities:                            
        net income/                            
        loss on debt extinguishment                            
        principal payments-finance leases                            
        net increase/(decrease) in cash and cash equivalents                            
        cash and cash equivalents at beginning of the year                            
        cash and cash equivalents at end of the year                            
        preferred dividends                            
        debt conversion and related accrued expenses into common stock                            
        non-cash items related to china settlement:                            
        european acquisition detail of assets acquired & liabilities assumed:                            
        intangible assets                            
        lease liability obligations                            
        bonds payable                            
        adjustments to reconcile net income/(loss) to net cash from operating activities:                            
        shares issued for settlement of legal claim                            
        allowance for bad debt                            
        inventory allowance for excess and obsolete products                            
        accounts receivable-gross                            
        proceeds from sale of equipment                            
        conversion of convertible note to common stock, related party                            
        conversion of accrued preferred dividend into preferred shares - related party                            
        stock-based option compensation expense                            
        income taxes                            
        conversion of convertible note to common shares, related-party                         1,000,000   
        gain on equipment                            
        adjustments to reconcile net (loss) to net cash from operating activities:                            
        1.                            
        4                            
        borrowing under revolving note payable, related-party                            
        repayment on short term notes payable, related-party                            
        payments on short term notes payable                            
        borrowing under short term notes payable for prepaid expense                            
        preferred stock issued in exchange for cancellation of revolving note payable - related party                            
        conversion of convertible note to common shares - related party                            
        preferred stock issuance in exchange for cancellation of revolving note payable, related-party                            
        conversion of accrued preferred dividend into preferred shares, related-party                            
        adjustments to reconcile net income to net cash                            
        used in operating activities:                            
        loss on disposal of assets                            
        amortization of debt discount                            
        loss on extinguishment of debt                            
        purchases of property, fixtures and equipment                            
        proceeds from sale of common stock                            
        and exercise of stock options                            
        repayment of loans payable                            
        proceeds from debt to related parties                            
        supplemental disclosures of cash flow information:                            
        cash paid during the year for taxes                            
        issuance of shares for note payable