Private company

YERBAE BRANDS CORP.

YERBAE BRANDS CORP. is a Canadian beverages company that raised $4 million in 2024 (SEC Form D).1 It is headquartered in Scottsdale, Arizona.1

Last updated Oct 21, 2026.

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

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

51.0%Gross margin4
-157.2%Operating margin4
-179.8%Net margin4
-50.9%Revenue growth, 20244

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

Revenue4$5.9M in 2024−51% since 2023
0$5.0M$10.0M$15.0M2023: $12.0M$12.0M20232024: $5.9M$5.9M2024−51%
Gross profit4$3.0M in 2024−50% since 2023
0$2.0M$4.0M$6.0M$8.0M2023: $6.0M$6.0M20232024: $3.0M$3.0M2024−50%
Operating income4-$9.3M in 2024−54% since 2023
-$30.0M-$20.0M-$10.0M02023: -$20.2M-$20.2M20232024: -$9.3M-$9.3M2024−54%
Net income4-$10.6M in 2024−49% since 2023
-$30.0M-$20.0M-$10.0M02023: -$20.8M-$20.8M20232024: -$10.6M-$10.6M2024−49%
Fiscal year202220232024
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 shares462.3M shares4
Shares (weighted, diluted)53.9M shares462.3M shares4

Compare YERBAE BRANDS CORP. with another company

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

ItemLatestA year beforeChange
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

ItemLatestA year beforeChange
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 financial officer

  1. Karrie Lynn Gibson2025–now

Chief operating officer

  1. Karrie Lynn Gibson2025–now
Board members and other officers (7)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerNICK CRANNY named Aug 3, 2023 to Dec 14, 202315
  • Executive OfficerWILLIAM FINN named May 18, 202316
  • DirectorCARL SWEAT named May 18, 2023 to Dec 14, 202315

Timeline

  1. Jul 3, 20258-K Completed an acquisition or sale; Change to shareholders' rights; Executive or director change17
  2. Jun 23, 20258-K Regulation FD disclosure18
  3. Jun 13, 20258-K Shareholder vote; Regulation FD disclosure19
  4. May 29, 20258-K Regulation FD disclosure20
  5. May 28, 20258-K Regulation FD disclosure21
  6. May 28, 20258-K Regulation FD disclosure22
  7. Mar 5, 2025New chief executive Todd Lawrence Gibson becomes CEO8
  8. Feb 24, 20258-K Regulation FD disclosure23
  9. Feb 14, 20258-K Regulation FD disclosure24
  10. Feb 4, 20258-K Regulation FD disclosure25
  11. Feb 3, 20258-K Regulation FD disclosure26
  12. Jan 21, 20258-K Regulation FD disclosure27
  13. 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:

  1. Jul 3, 20258-K EDGAR
  2. Jun 23, 20258-K EDGAR
  3. Jun 13, 20258-K EDGAR
  4. May 29, 20258-K EDGAR
  5. May 28, 20258-K EDGAR
  6. May 28, 20258-K EDGAR
  7. May 20, 202510-Q EDGAR
  8. May 16, 2025NT 10-Q EDGAR
  9. May 9, 2025DEFM14A EDGAR
  10. Apr 25, 20254 PRIMARY DOCUMENT EDGAR
  11. Apr 25, 20254 PRIMARY DOCUMENT EDGAR
  12. Apr 25, 20254 PRIMARY DOCUMENT EDGAR
  13. Apr 24, 20254 PRIMARY DOCUMENT EDGAR
  14. Apr 24, 20254 PRIMARY DOCUMENT EDGAR
  15. Apr 24, 20254/A PRIMARY DOCUMENT EDGAR
  16. Apr 24, 20254 PRIMARY DOCUMENT EDGAR
  17. Apr 10, 2025PREM14A EDGAR
  18. Apr 9, 20254 PRIMARY DOCUMENT EDGAR
  19. Apr 9, 20253 PRIMARY DOCUMENT EDGAR
  20. 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.

  1. Oct 3, 2024Raised $75,000 in a private offering of equity Form D: 1 investor so far Form D
  2. Dec 7, 2023Raised $249,999 in a private offering of equity Form D: 1 investor so far Form D
  3. Nov 24, 2023Raised $125,000 in a private offering of equity Form D: 1 investor so far Form D
  4. Aug 31, 2023Raised $348,302 in a private offering of equity Form D: 4 investors so far Form D
  5. Aug 18, 2023Raised $3.2 million in a private offering of equity Form D: 17 investors so far Form D
  6. Jul 21, 2023Raised $25,000 in a private offering of equity Form D: 1 investor so far Form D
  7. 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