30 May 2026
Starco Brands, Inc.
CIK: 1539850•3 Annual Reports•Latest: 2026-04-14
Disclaimer: AI-assisted summary of SEC Form 10-K filings. Not official company content and not investment, legal, accounting, or tax advice. See full disclaimer here.
10-K / April 14, 2026
Revenue:$40,479,408
Income:-$20,927,221
10-K / April 18, 2025
Revenue:$58,627,302
Income:-$17,650,888
10-K / April 3, 2024
Revenue:$65,211,238
Income:-$46,402,121
10-K / April 14, 2026
Starco Brands, Inc.
Company profile
- Incorporated in Nevada in 2010 as Insynergy, Inc.; renamed Starco Brands, Inc. in 2017.
- Business model: marketing, branding, licensing, and third-party manufacturing arrangements for a portfolio of consumer products. Growth through acquisitions of subsidiaries and use of licenses and distribution agreements to place products in brick-and-mortar and online retailers.
- Core strategy: create and manage behavior-changing brands, use manufacturer relationships to streamline supply, and pursue growth via acquisitions and new product lines.
- Reporting status: smaller reporting company under SEC rules; independent auditors have noted going-concern considerations.
Brand portfolio
- Whipshots®
- Product: vodka-infused whipped-cream aerosols.
- Launch and marketing: launched December 2021; early promotion at Art Basel, Miami; brick-and-mortar retail distribution began in early 2022.
- Manufacturer: Temperance Distilling Company (Temperance), a related-party manufacturing partner; Ross Sklar is a majority shareholder of Temperance.
- Role: a major revenue contributor in 2024–2025.
- Winona Pure®
- STCB provides marketing and branding services for the Winona line (including Winona Butter Flavor Popcorn Spray and expanded popcorn and sauce spray flavors).
- Retail presence: Walmart, H-E-B, Meijer, Food Lion, among others.
- Online: Winona Popcorn Spray sold on Amazon through Pattern (formerly iServe), which is an STCB stockholder.
- The Art of Sport® (AOS)
- Acquired September 12, 2022; AOS is a STCB subsidiary.
- Skylar®
- Acquired December 29, 2022; Skylar is a STCB subsidiary; fragrances marketed under the Skylar brand.
- Soylent®
- Acquired February 15, 2023; Soylent is a STCB subsidiary focused on plant-based complete nutrition (shakes, powders, bars).
Distribution, brokers, and manufacturing relationships
- Distribution agreements (effective November 1, 2021)
- Distributors: National Distributing Company, RNDC (Republic National Distributing Company), Young’s Market Company.
- Coverage: exclusive distributor rights for STCB products in defined territories covering 47 U.S. states and the District of Columbia.
- Terms: rights to expand territories and products; “most favored nations” pricing and discount provisions to match other distributors where lawful.
- Broker agreements (effective November 1, 2021)
- Brokers: RNDC and Young’s Market Company.
- Compensation: 10% commissions; coverage includes nine U.S. states.
- Manufacturing and supply
- Primary licensee/manufacturer for Whipshots: Temperance (related party).
- Other suppliers: Gehl Foods, LLC (non-affiliate) is a meaningful supplier for several products.
- Risks: reliance on a limited number of manufacturers creates exposure to potential supply disruptions that could affect product availability, quality, and brand reputation.
- Sourcing and costs
- Input costs are affected by raw materials, freight, tariffs, and foreign exchange. Volatility in aluminum and other materials can affect margins and supply.
Customers and market reach
- Major retail partners referenced: Walmart, H-E-B, Meijer, Food Lion (Winona line).
- Online presence: Winona on Amazon via Pattern; Whipshots and other brands distributed through both brick-and-mortar and online channels.
- Distributor footprint: agreements cover 47 states plus DC; broker coverage includes nine states.
People and offices
- Employees: 30 full-time employees as of December 31, 2025; the company uses independent contractors and consultants as needed.
- Principal office: 706 N Citrus Avenue, Los Angeles, California 90038.
- Corporate and brand websites: www.starcobrands.com, www.whipshots.com, www.winonapure.com, www.artofsport.com, www.skylar.com, www.soylent.com.
Financial highlights
- Net income (loss)
- 2025: net loss of $20,673,058
- 2024: net loss of $17,334,549
- 2023: net loss of $46,402,121
- 2022: net income of $977,858
- 2021: net loss of $2,325,074
- Accumulated deficit: $102,347,578 as of December 31, 2025.
- Impairment charges (goodwill and indefinite-lived intangibles)
- 2025: $1,127,208 impairment in the Soylent segment.
- 2024: $11,383,000 impairment in the Soylent segment; $2,944,871 impairment in the Starco Brands segment.
- Remaining goodwill on the balance sheet as of December 31, 2025: $11,234,312.
- Going concern
- Auditor’s report dated April 14, 2026 indicates substantial doubt about STCB’s ability to continue as a going concern due to recurring losses from operations. Management reported no adjustments to the consolidated financial statements for going-concern considerations in the 10-K but highlighted the uncertainty.
- Other governance and related-party notes
- The company relies on related parties for certain revenues, manufacturing, and administrative services.
- CEO Ross Sklar plays a central role and holds voting influence via stockholder actions; as of April 10, 2026 he controlled up to 28.2% of total voting power.
Strategic observations
- Starco Brands positions itself as a marketer and brand owner rather than a standalone manufacturer, using license arrangements with manufacturers such as TSG and Temperance for product creation and supply.
- Growth plans focus on further acquisitions, expanding product categories (spray foods, condiments, over-the-counter respiratory, air care, skin care, sun care, hair care, personal care, pain management, performance supplements, plant-based nutrition, apparel, fragrances, spirits, and beverages), and raising capital to fund expansion.
Sources of information
- Corporate offices, contact information, and websites.
- Brand portfolio and acquisition history (AOS, Skylar, Soylent).
- Distribution and broker agreements (scope, territories, fees).
- Manufacturing relationships (Temperance, TSG, Gehl Foods).
- Retail and online partnerships (Walmart, H-E-B, Meijer, Food Lion; Pattern/iServe for Amazon).
- Financial statements and notes (employee count, net income/loss by year, impairments, accumulated deficit, going-concern disclosure).
- Governance disclosures (related-party arrangements, CEO voting control, auditor going-concern note).
