Quarterly report pursuant to Section 13 or 15(d)

SEGMENTS (Tables)

v3.24.3
SEGMENTS (Tables)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
SCHEDULE OF GROSS PROFIT REPORTING SEGMENT

The following tables present gross profit by reporting segment:

 

    Starco Brands     Skylar     Soylent     Total  
    Nine Months Ended September 30, 2024  
    Starco Brands     Skylar     Soylent     Total  
Gross revenues   $ 4,288,376     $ 7,160,264     $ 30,367,708     $ 41,816,348  
Gross revenues, related parties     4,731,430       -      

-

      4,731,430  
Cost of revenues    

569,540

      2,750,835       21,243,253       24,563,628  
Cost of revenues, related parties     2,879,614       -       -       2,879,614  
Gross profit   $ 5,570,652     $ 4,409,429     $ 9,124,455     $ 19,104,536  

 

    Starco Brands     Skylar     Soylent1     Total  
    Nine Months Ended September 30, 2023  
    Starco Brands     Skylar     Soylent1     Total  
Gross revenues   $ 3,124,878     $ 7,438,654     $ 27,561,208     $ 38,124,740  
Gross revenues, related parties     8,201,377       -       -       8,201,377  
Cost of revenues     898,223       3,138,661       20,311,809       24,348,693  
Cost of revenues, related parties     1,663,124       -       -       1,663,124  
Gross profit   $ 8,764,908     $ 4,299,993     $ 7,249,399     $ 20,314,300  

 

1 The Company does not report results for Soylent prior to the date of acquisition, February 15, 2023, as Soylent was not yet a subsidiary of the Company.