Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

v3.22.2.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash $ 240,169 $ 338,863
Accounts receivable, related party 1,001,797 174,059
Prepaid and other assets 290,970 733,020
Total Current Assets 1,532,936 1,245,942
Intangibles, net 20,000 20,000
Note receivable, related party 95,640 95,640
Total Assets 1,648,576 1,361,582
Current Liabilities:    
Accounts payable 584,383 592,665
Other payable and accruals 259,499 800,775
Accrued liabilities, related party 110,390 202,023
Stock Payable 0 654,166
Treasury stock payable, current 131,400 131,400
Loans and advances payable, related party 376,382 376,382
Notes payable 0 53,822
Total Current Liabilities 1,462,054 2,811,233
Treasury stock payable, net of current portion 131,400 197,100
Loans payable, net of current portion, related party 1,572,500 1,100,000
Total Liabilities 3,165,954 4,108,333
Stockholders' Deficit:    
Preferred Stock, par value $0.001 40,000,000 shares authorized, no shares issued and outstanding 0 0
Common Stock, par value $0.001 300,000,000 shares authorized, 160,237,149 and 159,140,665 shares issued and outstanding, respectively 160,237 159,141
Additional paid in capital 16,960,155 15,950,403
Treasury Stock at cost (394,200) (394,200)
Accumulated deficit (18,204,824) (18,388,186)
Total Starco Brands' Deficit (1,478,632) (2,672,842)
Non-controlling interest (38,746) (73,909)
Total Stockholders' Deficit (1,517,378) (2,746,751)
Total Liabilities and Stockholders' Deficit $ 1,648,576 $ 1,361,582