Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenue from related parties, $941,227 and $3,251,423 for the three and six months ended June 30, 2024, respectively, net and revenue from related parties, $2,950,350 and $5,737,835 for the three and six months ended June 30, 2023, respectively, net $ 15,570,741 $ 17,509,270 $ 31,061,422 $ 28,653,071
Cost of goods sold 9,866,756 10,640,297 18,343,293 16,080,548
Gross profit 5,703,985 6,868,973 12,718,129 12,572,523
Operating Expenses:        
Compensation expense 2,435,948 2,047,972 5,010,676 3,473,589
Professional fees 1,140,792 1,397,442 2,336,910 2,796,744
Marketing, general and administrative 4,520,678 4,659,607 9,836,631 7,991,772
Fair value share adjustment loss 8,675,565 4,716,617 10,597,514 5,895,771
Total operating expenses 16,772,983 12,821,638 27,781,731 20,157,876
Loss from operations (11,068,998) (5,952,665) (15,063,602) (7,585,353)
Other Expense (Income):        
Interest expense 208,976 264,201 408,149 361,514
Other expense (income) 284,559 (266,003) 361,338 (332,874)
Total other expense (income), net 493,535 (1,802) 769,487 28,640
Loss before provision for income taxes (11,562,533) (5,950,863) (15,833,089) (7,613,993)
Provision for income taxes
Net loss (11,562,533) (5,950,863) (15,833,089) (7,613,993)
Net (loss) income attributable to non-controlling interest (3,051) 67,377 189,071 125,793
Net loss attributable to Starco Brands $ (11,559,482) $ (6,018,240) $ (16,022,160) $ (7,739,786)
Income (loss) per share, basic $ (0.02) $ (0.01) $ (0.03) $ (0.02)
Income (loss) per share, diluted $ (0.02) $ (0.01) $ (0.03) $ (0.02)
Weighted Average Shares Outstanding - basic 639,667,055 469,550,215 602,576,449 469,550,215
Weighted Average Shares Outstanding - diluted 639,667,055 469,550,215 602,576,449 469,550,215