Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 909,628 $ 1,207,406
Prepaid expenses and other assets 2,542,442 940,966
Inventory 8,410,362 8,249,645
Total Current Assets 16,961,765 17,818,439
Property and equipment, net 171,338 353,720
Operating lease right-of-use asset 500,035 538,776
Intangibles, net 27,531,699 28,645,847
Goodwill 12,361,520 12,361,520
Total Assets 57,526,357 59,718,302
Current Liabilities:    
Fair value of share adjustment 9,299,703
Notes payable, $2,472,500 and $2,472,500 from related parties, respectively 2,853,851 2,522,983
Revolving loan, net of discounts 4,107,627 3,651,330
Lease liability, current portion 74,152 67,278
Total Current Liabilities 23,223,711 32,011,304
Lease liability, net of current portion 443,594 482,190
Total Liabilities 23,667,305 32,493,494
Commitments and Contingencies (Note 8)
Stockholders’ Equity:    
Preferred stock, $.001 par value; 40,000,000 shares authorized; no shares issued and outstanding, at June 30, 2025 and December 31, 2024, respectively
Additional paid in capital 105,871,089 99,499,510
Treasury stock at cost (328,500) (328,500)
Accumulated deficit (81,391,518) (81,420,357)
Total Starco Brands’ Stockholders’ Equity 24,935,264 18,398,085
Non-controlling interest 8,923,788 8,826,723
Total Stockholders’ Equity 33,859,052 27,224,808
Total Liabilities and Stockholders’ Equity 57,526,357 59,718,302
Common Class A [Member]    
Stockholders’ Equity:    
Common stock value 784,193 647,432
Common Class B [Member]    
Stockholders’ Equity:    
Common stock value
Nonrelated Party [Member]    
Current Assets:    
Accounts receivable 5,099,333 5,170,043
Current Liabilities:    
Accounts payable 10,134,377 10,485,811
Other payables and accrued liabilities 4,773,542 4,326,011
Related Party [Member]    
Current Assets:    
Accounts receivable 2,250,379
Current Liabilities:    
Accounts payable 892,563 1,658,188
Other payables and accrued liabilities $ 387,599