v3.22.2.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ / shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue, $1,441,361 and $3,594,854 from related parties for the three and nine months ended September 30, 2022, net $ 1,658,253 $ 109,503 $ 3,811,746 $ 484,073
Cost of goods sold 343,994 0 343,994 0
Gross profit 1,314,259 109,503 3,467,752 484,073
Operating Expenses:        
Compensation expense 176,148 11,673 395,974 89,466
Professional fees 884,558 57,480 1,122,532 167,882
Marketing, General and administrative 364,331 430,176 1,677,991 750,540
Marketing, related party 0 0 131,614 0
Total Operating Expenses 1,425,037 499,329 3,328,111 1,007,888
Income (Loss) from operations (110,778) (389,826) 139,641 (523,815)
Other Income (Expense):        
Interest expense (15,232) (2,987) (47,127) (22,173)
Other income (expense) 8,161 0 8,161 (3,500)
Total Other Income (Expense) (7,071) (2,987) (38,966) (25,673)
Income (loss) before provisions for income taxes (117,849) (392,813) 100,675 (549,488)
Provision for income taxes 0 0 0 0
Net Income (Loss) (117,849) (392,813) 100,675 (549,488)
Net (income) loss attributable to non-controlling interest (32,693) 0 (67,856) 0
Net Income (Loss) attributable to Starco Brands $ (150,542) $ (392,813) $ 32,819 $ (549,488)
Income (Loss) per share, basic (in dollars per share) $ (0) $ (0) $ 0 $ (0)
Income (Loss) per share, diluted (in dollars per share) $ (0) $ (0) $ 0 $ (0)
Weighted Average Shares Outstanding - Basic (in shares) 172,236,263 159,140,665 163,557,744 159,140,665
Weighted Average Shares Outstanding - Diluted (in shares) 172,236,263 159,140,665 163,885,661 159,140,665

Source