Welcome to our dedicated page for Vpr Brands Lp SEC filings (Ticker: VPRB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
vpr brands, lp operates in the electronic cigarette and personal vaporizer industry in the united states. the company designs, develops, markets, and distributes a line of electronic cigarette e-liquids under the helium brand; vaporizers for essential oils, concentrates, and dry herbs under the honeystick brand; cannabidiol products under the goldline brand; and electronic cigarettes and vaporizers under the krave brand. it also licenses its intellectual property; and develops private label manufacturing programs. the company sells its products directly to retailers, as well as through independent and online distributors, wholesalers, internet/e-commerce sales, and dispensaries. soleil capital management llc serves as the general partner for vpr brands, lp. the company was formerly known as soleil capital l.p. and changed its name to vpr brands, lp in september 2015. vpr brands, lp was founded in 2003 and is headquartered in fort lauderdale, florida.VPR Brands files its annual report describing a niche business focused on electronic cigarettes, cannabis vaporizers and related IP. The company markets brands such as HONEYSTICK, HRB and Grandfadda and relies on third-party manufacturing, largely in China, within a rapidly changing regulatory landscape for vaping, tobacco and hemp-derived CBD.
As of June 30, 2025, common units held by non‑affiliates had an aggregate market value of $91,746,806, and 91,746,806 voting and non‑voting common units were outstanding as of March 31, 2026. VPR emphasizes patent and trademark enforcement, entering multiple 2024–2025 settlement and licensing agreements that generated cash payments and future per‑unit royalties, while warning extensively about regulatory, product liability and competitive risks that could materially affect its operations.
VPR Brands entered a Litigation Resolution Agreement on January 30, 2026 to settle all disputes and litigation related to its ELF trademarks and U.S. patent 8,205,622 for an electronic cigarette.
Under the agreement, defendants will pay total consideration of $5,250,000, of which VPR Brands will receive $3,200,000 after attorneys’ fees. In exchange, VPR Brands irrevocably transferred all rights in U.S. trademark 5,486,616 for the ELF mark and all elf‑formative U.S. trademarks and applications, and granted defendants a fully paid, worldwide, irrevocable, non‑exclusive, perpetual license to the ’622 patent. The company may sell existing ELF‑branded inventory for 75 days after the effective date, but cannot manufacture new ELF‑branded products. It also agreed to withdraw all ELF trademark challenges and abandon specified U.S., EU, UK and Canadian applications.
VPR Brands, LP filed its quarterly report, showing softer sales and a deeper loss while warning of substantial doubt about its ability to continue as a going concern.
Q3 2025 revenue was $807,062 with a net loss of $449,752. For the nine months, total revenue was $2,769,927 and net loss reached $1,061,615. Gross margin improved to 33% in Q3 and 31% year to date, reflecting a more favorable product mix.
Cash was $540,650 as of September 30, 2025, with cash used in operations of $729,536 year to date. Total liabilities were $2,223,079 and partners’ capital showed a deficit of $343,338. The company fully repaid its convertible notes in January 2025, reducing interest expense, but settlement income fell to $34,297 year to date from $1,502,854 a year earlier, and royalty revenue also declined. Four customers accounted for 36% of nine‑month revenue, highlighting concentration risk.
Management states “substantial doubt” about continuing as a going concern and indicates potential needs for additional financing or cost actions if operating cash flows do not improve.