Starco Brands, Inc. (STCB) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
250 26TH STREET SANTA MONICA, CA 90402 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7311 - Advertising Agencies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,761 | 1,480 | 339 | 773 | 5 | 1 | |||
| Cash and cash equivalent | 1,761 | 1,480 | 339 | 773 | 5 | 1 | |||
| Receivables | 12,286 | 2,556 | 174 | 46 | 14 | 18 | |||
| Inventory, net of allowances, customer advances and progress billings | 10,676 | 3,034 | |||||||
| Inventory | 10,676 | 3,034 | |||||||
| Prepaid expense | 20 | 39 | 26 | ||||||
| Other undisclosed current assets | 512 | 902 | 733 | ||||||
| Total current assets: | 25,236 | 7,972 | 1,246 | 839 | 58 | 44 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 61 | 85 | ✕ | ||||||
| Property, plant and equipment | 58 | 26 | (38) | ||||||
| Long-term investments and receivables | 96 | 96 | |||||||
| Due from related parties | ✕ | ✕ | 96 | 96 | |||||
| Intangible assets, net (including goodwill) | 58,052 | 33,035 | 20 | ||||||
| Goodwill | 26,689 | 32,837 | |||||||
| Intangible assets, net (excluding goodwill) | 31,362 | 198 | 20 | ||||||
| Other undisclosed noncurrent assets | 4 | 42 | 4 | ||||||
| Total noncurrent assets: | 58,110 | 33,218 | 116 | 4 | 89 | 4 | |||
| TOTAL ASSETS: | 83,346 | 41,189 | 1,362 | 842 | 146 | 48 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 9,833 | 3,253 | 593 | 208 | 188 | 172 | |||
| Accounts payable | 9,799 | 3,246 | 593 | 208 | 188 | 172 | |||
| Accrued liabilities | 34 | 7 | |||||||
| Debt | 8,394 | 3,110 | 54 | 76 | 27 | ||||
| Other liabilities | |||||||||
| Due to related parties | ✕ | ✕ | 376 | 547 | 412 | 373 | |||
| Other undisclosed current liabilities | 39,445 | 1,329 | 1,788 | 342 | 369 | 327 | |||
| Total current liabilities: | 57,672 | 7,691 | 2,811 | 1,096 | 1,045 | 899 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 46 | ||||||||
| Liabilities, other than long-term debt | 573 | 1,100 | |||||||
| Due to related parties | ✕ | ✕ | 573 | 1,100 | |||||
| Operating lease, liability | 46 | ✕ | |||||||
| Other undisclosed noncurrent liabilities | 66 | 197 | |||||||
| Total noncurrent liabilities: | 638 | 1,297 | 46 | ||||||
| Total liabilities: | 57,672 | 8,329 | 4,108 | 1,096 | 1,091 | 899 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 17,163 | 32,766 | (2,673) | (254) | (944) | (851) | |||
| Common stock | 291 | 159 | 159 | 159 | 159 | ||||
| Treasury stock, value | (394) | (394) | (394) | ||||||
| Additional paid in capital | 75,130 | 43,333 | 15,950 | 15,724 | 15,577 | 15,530 | |||
| Accumulated deficit | (63,769) | (17,578) | (18,388) | (16,137) | (16,680) | (16,540) | |||
| Other undisclosed equity, attributable to parent | 6,196 | 7,115 | |||||||
| Equity, attributable to noncontrolling interest | 8,510 | 94 | (74) | ||||||
| Total equity: | 25,673 | 32,860 | (2,747) | (254) | (944) | (851) | |||
| TOTAL LIABILITIES AND EQUITY: | 83,346 | 41,189 | 1,362 | 842 | 146 | 48 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 65,211 | 7,813 | 673 | 1,365 | 240 | 126 | ||
| Revenue from related parties | ✕ | ✕ | 6,786 | 673 | ||||
| Cost of revenue (Cost of Product and Service Sold) | (37,431) | (776) | ||||||
| Other undisclosed gross profit | ||||||||
| Gross profit: | 27,780 | 7,037 | 673 | 1,365 | 240 | 126 | ||
| Operating expenses | (73,233) | (5,887) | (2,964) | (838) | (388) | (607) | ||
| Operating income (loss): | (45,453) | 1,150 | (2,291) | 527 | (148) | (481) | ||
| Nonoperating expense | (949) | (172) | (34) | |||||
| Other nonoperating expense | (99) | (172) | (4) | |||||
| Interest and debt expense | (69) | (31) | 0 | (33) | 22 | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | ||||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (46,402) | 909 | (2,356) | 528 | (180) | (458) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 69 | 31 | ||||||
| Income (loss) from continuing operations: | (46,402) | 978 | (2,325) | 528 | (180) | (458) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (2,325) | 528 | (180) | (458) | |
| Net income (loss): | (46,402) | 978 | (2,325) | 528 | (180) | (458) | ||
| Net income (loss) attributable to noncontrolling interest | 211 | (168) | 74 | |||||
| Other undisclosed net income attributable to parent | 16 | 40 | 17 | |||||
| Net income (loss) available to common stockholders, diluted: | (46,191) | 810 | (2,251) | 543 | (140) | (442) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (46,402) | 978 | (2,325) | 528 | (180) | (458) | ||
| Comprehensive income (loss): | (46,402) | 978 | (2,325) | 528 | (180) | (458) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 211 | (168) | 74 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (46,191) | 810 | (2,251) | 528 | (180) | (458) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.