Overview
- IndustryBeverages1
- HeadquartersScottsdale, Arizona1
- Incorporated inBritish Columbia, Canada2
- Business address18801 N. Thompson Peak Parkway, Suite D-380, Scottsdale, Az 852552
- Filer category, Emerging growth company2
- Legal formCorporation
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Friendly – Gluten-free, non-GMO, Keto, Paleo, Vegan, Kosher, & diabetic friendly.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Cost of revenue49¢$2.9M
- Other costs50¢$2.9M
- Interest1¢$77.7K
Out of $5.9M in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | $12.0M4 | $5.9M4 | |
| Cost of revenue | $6.0M4 | $2.9M4 | |
| Gross profit | $6.0M4 | $3.0M4 | |
| Operating expenses | $26.2M4 | $12.3M4 | |
| Operating income | -$20.2M4 | -$9.3M4 | |
| Interest | $77.7K4 | ||
| Income before tax | -$20.8M4 | -$10.6M4 | |
| Net income | -$20.8M4 | -$10.6M4 | |
| Earnings per share | -$0.394 | -$0.174 | |
| Earnings per share (diluted) | -$0.394 | -$0.174 | |
| Shares (weighted, basic) | 53.9M shares4 | 62.3M shares4 | |
| Shares (weighted, diluted) | 53.9M shares4 | 62.3M shares4 |
| Fiscal year | 2022 | 2023 | 2024 |
|---|---|---|---|
| Receivables | $1.0M4 | $364.9K4 | |
| Inventory | $962.3K4 | $676.0K4 | |
| Current assets | $3.8M4 | $1.8M4 | |
| Property, plant and equipment | $60.5K4 | $26.5K4 | |
| Total assets | $4.1M4 | $1.9M4 | |
| Accounts payable | $1.7M4 | $2.4M4 | |
| Short-term debt | $225.0K4 | ||
| Current liabilities | $3.0M4 | $8.1M4 | |
| Long-term debt | $4.8M4 | ||
| Long-term liabilities | $2.4M4 | $34.5K4 | |
| Total liabilities | $5.4M4 | $8.2M4 | |
| Retained earnings | -$34.5M4 | -$45.1M4 | |
| Shareholders’ equity | -$4.6M4 | -$1.3M4 | -$6.3M4 |
| Shares outstanding | 58.8M shares4 | 63.1M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
What it owns
What YERBAE BRANDS CORP. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $26.5K4 Dec 31, 2024 | $60.5K4 Dec 31, 2023 | −56.2% |
| Operating-lease assets (leased space) | $119.4K4 Dec 31, 2024 | $210.2K4 Dec 31, 2023 | −43.2% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $676.0K4 Dec 31, 2024 | $962.3K4 Dec 31, 2023 | −29.7% |
| Raw materials | $240.5K4 Dec 31, 2024 | $55.0K4 Dec 31, 2023 | +337.7% |
| Finished goods | $439.2K4 Dec 31, 2024 | $908.4K4 Dec 31, 2023 | −51.6% |
Properties, in its own words
We currently maintain our executive offices at 18801 N. Thompson Peak Parkway, Scottsdale, Arizona 85255, Suite D-380, pursuant to an operating lease that expires in 2026. We consider our current office space adequate to meet our ongoing needs.
Item 2 of the 10-K filed Mar 10, 2025.3
Leadership
Who has led YERBAE BRANDS CORP., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerTodd Lawrence Gibson Mar 5, 2025 to now8
- Chief financial officerKarrie Lynn Gibson Mar 4, 2025 to now9
- Chief operating officerKarrie Lynn Gibson Mar 4, 2025 to now9
Board members and other officers (7)
- Corporate SecretaryRenata Kubicek Feb 12, 2025 to now10
- Vice President of SalesSeth Aaron Smith Mar 11, 2025 to now11
- Board memberMarufur Syed Raza Feb 25, 2025 to now12
- Board memberRose Zanic Feb 25, 2025 to now13
- Board memberKarrie Lynn Gibson Mar 4, 2025 to now9
- Board memberTodd Lawrence Gibson Mar 5, 2025 to now8
- Board memberAndrew S. Dratt Apr 9, 2025 to now14
Named in SEC Form D filings
People the company listed in its private-offering notices.
Timeline
- Jul 3, 20258-K Completed an acquisition or sale; Change to shareholders' rights; Executive or director change17
- Jun 23, 20258-K Regulation FD disclosure18
- Jun 13, 20258-K Shareholder vote; Regulation FD disclosure19
- May 29, 20258-K Regulation FD disclosure20
- May 28, 20258-K Regulation FD disclosure21
- May 28, 20258-K Regulation FD disclosure22
- Mar 5, 2025New chief executive Todd Lawrence Gibson becomes CEO8
- Feb 24, 20258-K Regulation FD disclosure23
- Feb 14, 20258-K Regulation FD disclosure24
- Feb 4, 20258-K Regulation FD disclosure25
- Feb 3, 20258-K Regulation FD disclosure26
- Jan 21, 20258-K Regulation FD disclosure27
- Jan 8, 20258-K Entered a material agreement; Regulation FD disclosure; Other events28
Filings
59 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 15 major events, 20 insider forms, 7 private raises, 13 other. The latest 20:
- Jul 3, 20258-K EDGAR
- Jun 23, 20258-K EDGAR
- Jun 13, 20258-K EDGAR
- May 29, 20258-K EDGAR
- May 28, 20258-K EDGAR
- May 28, 20258-K EDGAR
- May 20, 202510-Q EDGAR
- May 16, 2025NT 10-Q EDGAR
- May 9, 2025DEFM14A EDGAR
- Apr 25, 20254 PRIMARY DOCUMENT EDGAR
- Apr 25, 20254 PRIMARY DOCUMENT EDGAR
- Apr 25, 20254 PRIMARY DOCUMENT EDGAR
- Apr 24, 20254 PRIMARY DOCUMENT EDGAR
- Apr 24, 20254 PRIMARY DOCUMENT EDGAR
- Apr 24, 20254/A PRIMARY DOCUMENT EDGAR
- Apr 24, 20254 PRIMARY DOCUMENT EDGAR
- Apr 10, 2025PREM14A EDGAR
- Apr 9, 20254 PRIMARY DOCUMENT EDGAR
- Apr 9, 20253 PRIMARY DOCUMENT EDGAR
- Mar 11, 20254 PRIMARY DOCUMENT EDGAR
The 59 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Money raised
Private offerings the company reported to the SEC on Form D.
- Oct 3, 2024Raised $75,000 in a private offering of equity Form D: 1 investor so far Form D
- Dec 7, 2023Raised $249,999 in a private offering of equity Form D: 1 investor so far Form D
- Nov 24, 2023Raised $125,000 in a private offering of equity Form D: 1 investor so far Form D
- Aug 31, 2023Raised $348,302 in a private offering of equity Form D: 4 investors so far Form D
- Aug 18, 2023Raised $3.2 million in a private offering of equity Form D: 17 investors so far Form D
- Jul 21, 2023Raised $25,000 in a private offering of equity Form D: 1 investor so far Form D
- May 5, 2023Raised $10,000 in a private offering of securities Form D: 1 investor so far Form D
SEC filer profile
How YERBAE BRANDS CORP. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARYERBAE BRANDS CORP.1
- CIK0001978133
- Employer ID (EIN)85-26113923
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inBritish Columbia, Canada3
- Fiscal year endsDecember 311
- Industry code (SIC)2080 Beverages1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address18801 N. Thompson Peak Parkway, Suite D-380, Scottsdale, AZ 852551
- Phone847-209-00211
- Shares outstanding67,160,533 as of May 19, 20257
- Public float$12.0M as of Jun 30, 20243
- AuditorDAVIDSON & COMPANY LLP, Vancouver, Canada PCAOB ID 731; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceMay 18, 20231
- Filings59 in all: 8-K (15), 4 (12), 3 (7), D (7), 10-Q (3), 10-12G (2), CORRESP (2), UPLOAD (2)1
All 17 form types
10-12G/A (1), 10-K (1), 4/A (1), DEFA14A (1), DEFM14A (1), NT 10-Q (1), PREM14A (1), RW (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (10-K) Mar 10, 2025
Quarterly report (10-Q) May 20, 2025
Latest 8-K (8-K) Jul 3, 2025
Risk factors and legal proceedings
The risks YERBAE BRANDS CORP. names in Item 1A of its 10-K filed Mar 10, 2025: 35 risks under these headings, as written.3
- Risks Related to the Business of Yerbaé
- We may have difficulty realizing consistent and meaningful revenues and achieving profitability.
- Yerbaé’s continued operating losses express substantial doubt about our ability to continue as a going concern.
- Yerbaé will need additional funds to continue producing, marketing, and distributing its products.
- There is no guarantee that sufficient sale levels will be achieved.
- Yerbaé’s development, marketing, and sales activities are limited by its size.
- A failure to introduce new products or product extensions into new marketplaces successfully could prevent Yerbaé from achieving long-term profitability.
- Yerbaé’s growth and profitability depends on the performance of third-party distributors and on our ongoing relationships with them.
- Yerbaé’s business is sensitive to public perception. If any product proves to be harmful to consumers or if scientific studies provide unfavorable findings regarding their safety or effectiveness of caffeinated beverages, then our company’s image in the marketplace would be negatively impacted.
- Increases in the cost, disruption of supply or shortage of ingredients, other raw materials or packaging materials could harm the business of Yerbaé.
- Increases in the prices of Yerbaé’s finished products resulting from a higher cost of ingredients, other raw materials and packaging materials could affect the affordability of our company’s products and reduce sales.
- Yerbaé relies on third-parties to produce and bottle its products, which creates additional risk.
The other 24 risks
- Yerbaé presently relies on a limited number of customers
- Product contamination or tampering or issues or concerns with respect to product quality, safety and integrity could adversely affect Yerbaé’s business, reputation, financial condition or results of operations.
- Yerbaé will compete in an industry that is brand-conscious, so brand name recognition and acceptance of its products are critical to its success and significant marketing and advertising could be needed to achieve and sustain brand recognition.
- If Yerbaé is unable to successfully manage new product launches, its business and financial results could be adversely affected.
- Alternative non-commercial beverages or processes could hurt Yerbaé’s business.
- Water scarcity and poor quality could negatively impact Yerbaé’s production costs and capacity.
- Climate change and natural disasters may affect Yerbaé’s business.
- Because Yerbaé has a limited operating history, Yerbaé’s ability to fully and successfully develop the business is unknown.
- Dependence on personnel.
- Conflicts of Interest.
- Yerbaé’s growth and profitability depends on the performance of third-parties and its relationship with them.
- If Yerbaé is unable to protect its information systems against service interruption, misappropriation of data or breaches of security, our operations could be disrupted, we may suffer financial losses and our reputation may be damaged.
- Risks Related to Regulations Applicable to Yerbaé’s Industry
- Changes in the caffeinated energy beverage business environment and retail landscape could adversely impact our financial results.
- Increase in the cost, disruption of supply or shortage of ingredients, other raw materials or packaging materials could harm Yerbaé’s business.
- Intense competition and increasing competition in the commercial beverage market could hurt Yerbaé’s business.
- Changes in consumer product and shopping preferences may reduce demand for Yerbaé’s products.
- Expansion of the naturally caffeinated, plant-based energy beverage market or sufficiency of consumer demand in that market for operations to be profitable are not guaranteed.
- Health benefits of caffeinated energy beverages are not guaranteed or proven, rather it is perceived by consumers.
- The U.S. Food and Drug Administration has not passed on the efficacy of Yerbaé’s products or the accuracy of any claim made related to its products. The FTC regulates advertising and may review the truthfulness of and substantiation for any claim Yerbaé makes related to its products.
- Risks Related to Yerbaé’s Intellectual Property
- Dependence on trademarks and proprietary rights.
- Yerbaé may face intellectual property infringement claims that could be time-consuming and costly to defend, and could result in loss of significant rights and the assessment of treble damages.
- Yerbaé may be subject to claims by third-parties asserting that its employees or our company has misappropriated their intellectual property, or claiming ownership of what we regard as our own intellectual property.
- Risks Related to Yerbaé’s Common Shares
- Market price of Common Shares
- Additional Financing
- History of negative cash flows
- Yerbaé derives virtually all of its revenues from functional energy drinks, and competitive pressure in the functional energy drink category could adversely affect Yerbaé’s business and operating results.
- Because Yerbaé does not intend to pay any cash dividends on its common shares in the near future, shareholders will not be able to receive a return on their common shares unless they sell them.
Legal proceedings
We are not currently involved in any legal proceedings.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10SEC EDGARRenata Kubicek, Corporate Secretary
- 11
- 12SEC EDGARMarufur Syed Raza, Board member
- 13SEC EDGARRose Zanic, Board member
- 14SEC EDGARAndrew S. Dratt, Board member
- 15
- 16
- 17
- 18SEC EDGARRegulation FD disclosure
- 19
- 20SEC EDGARRegulation FD disclosure
- 21SEC EDGARRegulation FD disclosure
- 22SEC EDGARRegulation FD disclosure
- 23SEC EDGARRegulation FD disclosure
- 24SEC EDGARRegulation FD disclosure
- 25SEC EDGARRegulation FD disclosure
- 26SEC EDGARRegulation FD disclosure
- 27SEC EDGARRegulation FD disclosure
- 28