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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2024
Accounting Policies [Abstract] |
Schedule of Revenue & Accounts Receivable with Customers | Revenue from customers accounting for more than 10.0% of total revenue for the years ended December 31, 2024, 2023 and 2022 was as follows:
| 2024 |  | 2023 |  | 2022
Pepsi | 54.7 | % |  | 59.4 | % |  | 22.2 | %
Costco | 11.6 | % |  | 12.0 | % |  | 16.7 | %
All others | 33.7 | % |  | 28.6 | % |  | 61.1 | %
Total | 100.0 | % |  | 100.0 | % |  | 100.0 | %
Accounts receivable from customers accounting for more than 10.0% of total accounts receivable at December 31, 2024 and 2023 were as follows:
| 2024 |  | 2023
Pepsi | 62.2 | % |  | 69.0 | %
Costco | 10.2 | % |  | 3.7 | %
All others | 27.6 | % |  | 27.3 | %
Total | 100.0 | % |  | 100.0 | %
Schedule of Accounts Receivable Allowance for Credit Loss | Changes in the allowance for expected credit losses for the year ended December 31, 2024 were as follows:
| Allowance for Expected Credit Losses
Balance as of December 31, 2023 | $ | 3,137 |
Other current period change for expected credit losses | 7,997 |
Write off | (5,856) |
Balance as of December 31, 2024 | $ | 5,278 |
Schedule of Long-Lived Asset Geographic Data | The following table consists of geographic long-lived asset information, which includes property, plant and equipment-net, right-of-use assets, and definite-lived intangibles-net and excludes goodwill and indefinite-lived intangibles, for individual countries that represent a significant portion of the total:
| December 31, 2024 |  | December 31, 2023
North America | $ | 72,115 |  |  | $ | 24,316 |
Finland | 10,950 |  |  | 12,153 |
Ireland | 3,599 |  |  | — |
Sweden | 2,523 |  |  | 2,212 |
Other | 29 |  |  | 29 |
Long-lived assets related to foreign operations | 17,101 |  |  | 14,394 |
Long-lived assets-net | $ | 89,216 |  |  | $ | 38,710 |
Goodwill and Intangible Assets— Indefinite-lived intangible assets and goodwill are not amortized but instead, are evaluated for impairment at least annually on October 1st, or when events indicate that an impairment exists. In the qualitative assessment, management considers factors including macroeconomic conditions, industry conditions, cost factors regarding raw materials and operations, legal and regulatory environments and historical financial performance. If an impairment indicator exists, a quantitative assessment is performed. The Company performs its goodwill impairment analysis at the reporting unit level, consisting of one reporting unit, as of October 1, 2024. If management determines, after performing an assessment based on the qualitative factors, that the fair value of the reporting unit is more likely than not less than the carrying amount, or that a fair value of the reporting unit substantially in excess of the carrying amount cannot be assured, then a quantitative goodwill impairment test would be required. The quantitative test for goodwill impairment is performed by determining the fair value of the reporting unit. Management has performed its evaluation and determined the fair value of the reporting unit is significantly greater than the carrying amount and, accordingly, the Company has not recorded any impairment charges related to goodwill during the year ended December 31, 2024 or December 31, 2023. The addition of the Pepsi distribution network in 2022 shifted the Company’s primary focus to the U.S. market, and as a result it was determined that impairment indicators for the Func Food brand's indefinite-lived intangible asset were present. The Company does not anticipate focusing on the expansion of Func Food branded products and the Company plans to focus on Celsius branded products. As a result of the strategic shift, which the Company considered a triggering event, the Company quantitatively tested the Func Foods' brand name for impairment utilizing the relief from royalty method to determine its fair value. As a result of the quantitative assessment, the Company recorded an impairment charge of $2.4 million for the year ended December 31, 2022 which is presented within selling, general and administrative expenses, see Note 9. Goodwill and Intangibles.

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