STARCO BRANDS, INC.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $1.8M | $1.2M | $1.8M | $1.5M | $338.9K | $773.3K | $4.8K | $721 |
| Accounts Receivable | — | — | $9.7M | $2.6M | $174.1K | $45.5K | $14.5K | $17.5K |
| Inventory | $4.5M | $8.2M | $10.7M | $3.0M | — | — | — | — |
| Total Current Assets | $11.9M | $17.8M | $25.2M | $8.0M | $1.2M | $838.8K | $57.9K | $44.2K |
| Property, Plant & Equipment | $167.6K | $353.7K | $58.2K | $25.9K | $0 | $0 | — | — |
| Goodwill | $11.2M | $12.4M | $26.7M | $32.8M | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $12.1M | $28.6M | $31.4M | $198.4K | $20.0K | $0 | — | — |
| Total Assets | $35.9M | $59.7M | $83.3M | $41.2M | $1.4M | $842.3K | $146.5K | $47.7K |
| Liabilities | ||||||||
| Accounts Payable | — | — | $9.8M | $3.2M | $592.7K | $207.7K | $188.0K | $172.0K |
| Total Current Liabilities | $13.3M | $32.0M | $57.7M | $7.7M | $2.8M | $1.1M | $1.0M | $898.8K |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $21.7M | $32.5M | $57.7M | $8.3M | $4.1M | $1.1M | $1.1M | $898.8K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-102.3M | $-81.4M | $-63.8M | $-17.6M | $-18.4M | $-16.1M | $-16.7M | $-16.5M |
| Total Stockholders' Equity | $5.1M | $18.4M | $17.2M | $32.8M | $-2.7M | $-254.2K | $-944.3K | $-851.1K |