| SCHEDULE OF GROSS PROFIT OR LOSS REPORTING SEGMENT |
The
following tables present gross profit or loss and significant expenses by reporting segment:
SCHEDULE OF
GROSS PROFIT OR LOSS REPORTING SEGMENT
| |
|
Starco Brands |
|
|
Skylar |
|
|
Soylent |
|
|
Total |
|
| |
|
Year Ended December 31, 2025 |
|
| |
|
Starco Brands |
|
|
Skylar |
|
|
Soylent |
|
|
Total |
|
| Revenues, net |
|
$ |
4,705,790 |
|
|
$ |
10,929,603 |
|
|
$ |
21,679,434 |
|
|
$ |
37,314,827 |
|
| Revenues, related parties, net |
|
|
3,164,581 |
|
|
|
- |
|
|
|
- |
|
|
|
3,164,581 |
|
| Cost of revenues |
|
|
751,439 |
|
|
|
4,725,418 |
|
|
|
16,100,543 |
|
|
|
21,577,400 |
|
| Cost of revenues, related parties |
|
|
3,249,562 |
|
|
|
- |
|
|
|
- |
|
|
|
3,249,562 |
|
| Gross profit |
|
|
3,869,370 |
|
|
|
6,204,185 |
|
|
|
5,578,891 |
|
|
|
15,652,446 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Compensation expense |
|
|
3,254,087 |
|
|
|
1,661,684 |
|
|
|
2,272,836 |
|
|
|
7,188,607 |
|
| Professional fees |
|
|
2,034,735 |
|
|
|
167,765 |
|
|
|
459,677 |
|
|
|
2,662,177 |
|
| Marketing, general and administrative |
|
|
3,672,032 |
|
|
|
3,773,269 |
|
|
|
5,705,376 |
|
|
|
13,150,677 |
|
| Fair value share adjustment loss |
|
|
- |
|
|
|
- |
|
|
|
(3,692,529 |
) |
|
|
(3,692,529 |
) |
| Goodwill impairment |
|
|
- |
|
|
|
- |
|
|
|
1,127,208 |
|
|
|
1,127,208 |
|
| Intangibles impairment |
|
|
- |
|
|
|
- |
|
|
|
14,000,000 |
|
|
|
14,000,000 |
|
| Total operating expenses |
|
|
8,960,854 |
|
|
|
5,602,718 |
|
|
|
19,872,568 |
|
|
|
34,436,140 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (Loss) income from operations |
|
$ |
(5,091,484 |
) |
|
$ |
601,467 |
|
|
$ |
(14,293,677 |
) |
|
$ |
(18,783,694 |
) |
| |
|
Starco Brands |
|
|
Skylar |
|
|
Soylent |
|
|
Total |
|
| |
|
Year Ended December 31, 2024 |
|
| |
|
Starco Brands |
|
|
Skylar |
|
|
Soylent |
|
|
Total |
|
| Revenues, net |
|
$ |
6,010,542 |
|
|
$ |
10,460,347 |
|
|
$ |
36,056,241 |
|
|
$ |
52,527,130 |
|
| Revenues, related parties, net |
|
|
6,140,172 |
|
|
|
- |
|
|
|
- |
|
|
|
6,140,172 |
|
| Revenues, net |
|
|
6,140,172 |
|
|
|
- |
|
|
|
- |
|
|
|
6,140,172 |
|
| Cost of revenues |
|
|
1,421,731 |
|
|
|
4,247,702 |
|
|
|
28,237,868 |
|
|
|
33,907,301 |
|
| Cost of revenues, related parties |
|
|
3,896,551 |
|
|
|
- |
|
|
|
- |
|
|
|
3,896,551 |
|
| Cost of revenues |
|
|
3,896,551 |
|
|
|
- |
|
|
|
- |
|
|
|
3,896,551 |
|
| Gross profit |
|
|
6,832,432 |
|
|
|
6,212,645 |
|
|
|
7,818,373 |
|
|
|
20,863,450 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Compensation expense |
|
|
3,938,074 |
|
|
|
1,466,491 |
|
|
|
3,632,558 |
|
|
|
9,037,123 |
|
| Professional fees |
|
|
2,269,402 |
|
|
|
206,839 |
|
|
|
1,056,811 |
|
|
|
3,533,052 |
|
| Marketing, general and administrative |
|
|
6,398,254 |
|
|
|
4,521,725 |
|
|
|
7,970,759 |
|
|
|
18,890,738 |
|
| Fair value share adjustment loss |
|
|
- |
|
|
|
- |
|
|
|
(10,544,263 |
) |
|
|
(10,544,263 |
) |
| Goodwill impairment |
|
|
2,944,871 |
|
|
|
- |
|
|
|
11,383,000 |
|
|
|
14,327,871 |
|
| Intangibles impairment |
|
|
13,304 |
|
|
|
- |
|
|
|
- |
|
|
|
13,304 |
|
| Total operating expenses |
|
|
15,563,905 |
|
|
|
6,195,055 |
|
|
|
13,498,865 |
|
|
|
35,257,825 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (Loss) income from operations |
|
$ |
(8,731,473 |
) |
|
$ |
17,590 |
|
|
$ |
(5,680,492 |
) |
|
$ |
(14,394,375 |
) |
|