Soylent revenue dropped to USD 2.99 million, while Skylar climbed to USD 3.49 million on marketing initiatives and new rollouts.
Quarterly results
Starco Brands posted a net loss of USD 1.46 million for the quarter ended June 30, narrowing from USD 1.85 million.
Revenue fell 26% to USD 7.84 million, driven by lower Soylent sales tied to supply constraints, partly offset by Skylar gains.
Operating loss narrowed to USD 1.26 million as operating expenses dropped to USD 4.74 million.
Going concern warning
Management flagged substantial doubt about going concern, citing a USD 104.58 million accumulated deficit and an about USD 2.5 million working-capital deficit.