Starco Brands, Inc.

CIK: 15398503 Annual ReportsLatest: 2026-04-14
Revenue: $40,479,408Net Income: -$20,927,221Source 10-K
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).