Document And Entity Information
Document And Entity Information - shares | 3 Months Ended | |
Mar. 31, 2022 | Jun. 13, 2022 | |
Document Information [Line Items] | ||
Entity Central Index Key | 0001539850 | |
Entity Registrant Name | Starco Brands, Inc. | |
Amendment Flag | false | |
Current Fiscal Year End Date | --12-31 | |
Document Fiscal Period Focus | Q1 | |
Document Fiscal Year Focus | 2022 | |
Document Type | 10-Q | |
Document Quarterly Report | true | |
Document Period End Date | Mar. 31, 2022 | |
Document Transition Report | false | |
Entity File Number | 0-54892 | |
Entity Incorporation, State or Country Code | NV | |
Entity Tax Identification Number | 27-1781753 | |
Entity Address, Address Line One | 250 26th Street, Suite 200 | |
Entity Address, City or Town | Santa Monica | |
Entity Address, State or Province | CA | |
Entity Address, Postal Zip Code | 90402 | |
City Area Code | 888 | |
Local Phone Number | 484-1908 | |
Title of 12(b) Security | Common stock | |
Trading Symbol | STCB | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 159,140,665 |
Condensed Consolidated Balance
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) | Mar. 31, 2022 | Dec. 31, 2021 |
Current Assets: | ||
Cash | $ 185,658 | $ 338,863 |
Accounts receivable, related party | 560,372 | 174,059 |
Prepaid and other assets | 602,593 | 733,020 |
Total Current Assets | 1,348,623 | 1,245,942 |
Intangibles, net | 20,000 | 20,000 |
Note receivable, related party | 95,640 | 95,640 |
Total Assets | 1,464,263 | 1,361,582 |
Current Liabilities: | ||
Accounts payable | 694,940 | 592,665 |
Other payable and accruals | 273,306 | 800,775 |
Accrued liabilities, related party | 74,347 | 202,023 |
Stock Payable | 735,415 | 654,166 |
Treasury stock payable, current | 131,400 | 131,400 |
Loans and advances payable, related party | 376,382 | 376,382 |
Notes payable | 27,060 | 53,822 |
Total Current Liabilities | 2,312,850 | 2,811,233 |
Treasury stock payable, net of current portion | 164,250 | 197,100 |
Loans payable, net of current portion, related party | 1,572,500 | 1,100,000 |
Total Liabilities | 4,049,600 | 4,108,333 |
Stockholders' Deficit: | ||
Preferred Stock, par value $0.001 40,000,000 shares authorized, no shares issued and outstanding | 0 | 0 |
Common Stock, par value $0.001 300,000,000 shares authorized, 159,140,665 and 159,140,665 shares issued and outstanding, respectively | 159,141 | 159,141 |
Additional paid in capital | 16,059,006 | 15,950,403 |
Treasury Stock at cost | (394,200) | (394,200) |
Accumulated deficit | (18,347,237) | (18,388,186) |
Total Starco Brands' Deficit | (2,523,290) | (2,672,842) |
Non-controlling interest | (62,047) | (73,909) |
Total Stockholders' Deficit | (2,585,337) | (2,746,751) |
Total Liabilities and Stockholders' Deficit | $ 1,464,263 | $ 1,361,582 |
Condensed Consolidated Balanc_2
Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares | Mar. 31, 2022 | Dec. 31, 2021 |
Preferred stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized (in shares) | 40,000,000 | 40,000,000 |
Preferred stock, shares issued (in shares) | 0 | 0 |
Preferred stock, shares outstanding (in shares) | 0 | 0 |
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Common stock, shares authorized (in shares) | 300,000,000 | 300,000,000 |
Common stock, shares issued (in shares) | 159,140,665 | 159,140,665 |
Common stock, shares outstanding (in shares) | 159,140,665 | 159,140,665 |
Condensed Consolidated Statemen
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | |
Mar. 31, 2022 | Mar. 31, 2021 | |
Revenues, net, related party | $ 923,274 | $ 132,514 |
Operating Expenses: | ||
Compensation expense | 126,877 | 44,233 |
Professional fees | 58,506 | 10,555 |
Marketing, General and administrative | 583,181 | 77,823 |
Marketing, related party | 87,044 | 104,920 |
Total operating expenses | 855,608 | 237,531 |
Income (loss) from operations | 67,666 | (105,017) |
Other Income (Expense): | ||
Interest expense | (14,855) | (7,392) |
Other income (expense) | 0 | (3,500) |
Total other expense, net | (14,855) | (10,892) |
Income (loss) before provision for income taxes | 52,811 | (115,909) |
Provision for income taxes | 0 | 0 |
Net Income (Loss) | 52,811 | (115,909) |
Net income (loss) attributable to Non-controlling interest | (11,862) | 0 |
Net Income (Loss) attributable to Starco Brands | $ 40,949 | $ (115,909) |
Income (Loss) per share, basic (in dollars per share) | $ 0 | $ 0 |
Income (Loss) per share, diluted (in dollars per share) | $ 0 | $ 0 |
Weighted Average Shares Outstanding, basic (in shares) | 159,140,665 | 159,140,665 |
Weighted Average Shares Outstanding, diluted (in shares) | 163,069,235 | 159,140,665 |
Condensed Consolidated Statem_2
Condensed Consolidated Statements of Stockholders' Deficit (Unaudited) - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | Treasury Stock [Member] | Retained Earnings [Member] | Noncontrolling Interest [Member] | Total |
Balance (in shares) at Dec. 31, 2020 | 159,140,665 | |||||
Balance at Dec. 31, 2020 | $ 159,141 | $ 15,723,705 | $ 0 | $ (16,137,020) | $ 0 | $ (254,174) |
Estimated fair value of contributed services | 11,700 | 11,700 | ||||
Net Income (Loss) | (115,909) | (115,909) | ||||
Balance (in shares) at Mar. 31, 2021 | 159,140,665 | |||||
Balance at Mar. 31, 2021 | $ 159,141 | 15,735,405 | 0 | (16,252,931) | 0 | (358,385) |
Balance (in shares) at Dec. 31, 2021 | 159,140,665 | |||||
Balance at Dec. 31, 2021 | $ 159,141 | 15,950,403 | (394,200) | (18,388,186) | (73,909) | (2,746,751) |
Estimated fair value of contributed services | 54,862 | 54,862 | ||||
Net Income (Loss) | 40,949 | 11,862 | 52,811 | |||
Estimated fair value of warrants vested | 53,741 | 53,741 | ||||
Balance (in shares) at Mar. 31, 2022 | 159,140,665 | |||||
Balance at Mar. 31, 2022 | $ 159,141 | $ 16,059,006 | $ (394,200) | $ (18,347,237) | $ (62,047) | $ (2,585,337) |
Condensed Consolidated Statem_3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | |
Mar. 31, 2022 | Mar. 31, 2021 | |
CASH FLOW FROM OPERATING ACTIVITES: | ||
Net Income (loss) | $ 52,811 | $ (115,909) |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||
Common stock payable for services | 81,249 | 0 |
Warrants for services | 53,741 | |
Contributed services | 54,862 | 11,700 |
Non-cash asset writeoff | 0 | 3,500 |
Changes in Operating Assets and Liabilities: | ||
Accounts receivable, related party | (386,313) | (5,213) |
Prepaids & other assets | 130,427 | 12,417 |
Accounts payable | 102,275 | (50,331) |
Accrued expenses, related party | (127,676) | (1,048) |
Accrued liabilities | (527,469) | (23,050) |
Net Cash Provided by (Used in) Operating Activities | (566,093) | (167,934) |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||
Advances / loans from related parties | 472,500 | 56,895 |
Repayment of advances from related parties | 0 | (56,895) |
Borrowings on notes payable | 0 | 0 |
Payments on notes payable | (26,762) | 0 |
Repurchases of common stock | (32,850) | 0 |
Net Cash Provided by Financing Activities | 412,888 | 0 |
Net Increase (decrease) in Cash | (153,205) | (167,934) |
Cash at Beginning of Period | 338,863 | 773,322 |
Cash at End of Period | 185,658 | 605,388 |
Cash paid during the year for: | ||
Interest | 16,975 | 471 |
Income taxes | 0 | 0 |
Supplemental non-cash disclosure: | ||
Treasury stock payable | $ 295,650 | $ 0 |
Note 1 - Organization and Descr
Note 1 - Organization and Description of Business | 3 Months Ended |
Mar. 31, 2022 | |
Notes to Financial Statements | |
Business Description and Basis of Presentation [Text Block] | NOTE 1 ORGANIZATION AND DESCRIPTION OF BUSINESS Starco Brands, Inc. (STCB) was incorporated in the State of Nevada on January 26, 2010 September 7, 2017, July 2017, During the third 2021 , two not In our opinion, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of unaudited consolidated financial position and the unaudited consolidated results of operations for interim periods presented have been reflected herein. The results of operations for the interim periods are not |
Note 2 - Summary of Significant
Note 2 - Summary of Significant Accounting Policies | 3 Months Ended |
Mar. 31, 2022 | |
Notes to Financial Statements | |
Significant Accounting Policies [Text Block] | NOTE 2 Basis of Consolidation 810, March 31, 2022 Basis of presentation The condensed consolidated financial statements of the Company and the accompanying notes included in this Quarterly Report on Form 10 not 10 December 31, 2021. 10 Use of estimates Concentrations of Credit Risk may not not Cash equivalents The Company considers all highly liquid investments with a maturity of three March 31, 2022 December 31, 2021. Accounts Receivable Revenues that have been recognized but not not not March 31, 2022 December 31, 2021. Fair value of financial instruments The Company follows paragraph 825 10 50 10 820 10 35 37 820 10 35 37” 820 10 35 37 820 10 35 37 three 3 three 3 820 10 35 37 Level 1: Level 2: 1, Level 3: not The carrying amount of the Company’s consolidated financial assets and liabilities, such as cash, prepaid expenses and accrued expenses approximate their fair value because of the short maturity of those instruments. The Company’s notes payable approximates the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at March 31, 2022. Property and equipment Property and equipment are carried at the lower of cost or net realizable value. All Property and equipment with a cost of $2,000 or greater are capitalized. Major betterments that extend the useful lives of assets are also capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in operations. At March 31, 2022 December 31, 2021, no Revenue recognition STCB and its subsidiaries earn their revenue as royalties from the licensing agreements it has with TSG, a related entity, and other related parties. STCB licenses the right for TSG to manufacture and sell certain Starco Brands products. The amount of the licensing revenue received varies depending upon the product and the royalty percentage is determined beforehand in each agreement. The Company recognizes its revenue only when sales are made by TSG or other related parties to a third The Company applies the following five The Company only applies the five 606 Income taxes The Company follows Section 740 10 30 not not The Company adopted section 740 10 25 740 10 25” 740 10 25 740 10 25, may not fifty 50% 740 10 25 no 740 10 25. Stock-based Compensation The Company follows the guidance of the accounting provisions of ASC 718 718” not not Net income (loss) per common share Net income (loss) per common share is computed pursuant to section 260 10 45 first March 31, 2022, Intangible Assets Definite-lived intangible assets consist of certain trademarks and customer lists. Definite-lived intangible assets are amortized utilizing the straight-line method over the assets’ estimated useful lives, which approximate 10 years. There was no significant amortization during the quarter ended March 31, 2022 December 31, 2021. The Company assesses potential impairment of its long-lived assets whenever events or changes in circumstances indicate that an asset or asset group’s carrying value may not 820, not March 31, 2022. Royalties and Licenses Royalty-based obligations with content licensors are either paid in advance and capitalized as prepaid royalties or are accrued as incurred and subsequently paid. These royalty-based obligations are generally expensed to cost of revenue generally at the greater of the contractual rate or an effective royalty rate based on the total projected net revenue for contracts with guaranteed minimums. Prepayments made are generally made in connection with the development of a particular product, and therefore, we are generally subject to risk during the product phase. Payments earned after completion of the product (primarily royalty-based in nature) are generally expensed as cost of revenue. Our contracts with some licensors include minimum guaranteed royalty payments, which are initially recorded as an asset and as a liability at the contractual amount when no Each quarter, we also evaluate the expected future realization of our royalty-based assets, as well as any unrecognized minimum commitments not Our minimum contractual obligations as of December 31, 2021 December 31, 2022, 2023 2024, Recently issued accounting pronouncements The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not not |
Note 3 - Going Concern
Note 3 - Going Concern | 3 Months Ended |
Mar. 31, 2022 | |
Notes to Financial Statements | |
Substantial Doubt about Going Concern [Text Block] | NOTE 3 GOING CONCERN The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has an accumulated deficit of $18,347,237 at March 31, 2022 March 31, 2022. March 31, 2022. December 2021. not may |
Note 4 - Notes Payable
Note 4 - Notes Payable | 3 Months Ended |
Mar. 31, 2022 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | NOTE 4 NOTES PAYABLE The Company has a financing loan for its Directors and Officers Insurance (“D&O”) that was incurred in September 2021. June 2022. March 31, 2022 December 31, 2021, See Note 7 Related Party Transactions |
Note 5 - Operating Lease
Note 5 - Operating Lease | 3 Months Ended |
Mar. 31, 2022 | |
Notes to Financial Statements | |
Lessee, Operating Leases [Text Block] | NOTE 5 OPERATING LEASE The Company previously occupied office space in Burbank, California. The Company signed a three January 1, 2016. three 2016 02 842 $ 122,825 On November 1, 2020, $1,750. On November 13, 2020, two The lease expense for year ended December 31, 2020 During the three March 31, 2021, no March 31, 2022. |
Note 6 - Commitments & Continge
Note 6 - Commitments & Contingencies | 3 Months Ended |
Mar. 31, 2022 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] | NOTE 6 COMMITMENTS & CONTINGENCIES On February 18, 2020, no On September 8, 2021, August 24, 2021, seven March 31, 2022 December 31, 2021, On September 14, 2021, 2024, March 31, 2022, Accrued Liability On July 9, 2014, |
Note 7 - Related Party Transact
Note 7 - Related Party Transactions | 3 Months Ended |
Mar. 31, 2022 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | NOTE 7 RELATED PARTY TRANSACTIONS During the year ended December 31, 2017, June 2021, 36 July 2021, 10 three March 31, 2022 2022. As of March 31, 2022, may On January 24, 2020, two June 28, 2021, January 24, 2020 June 28, 2023. September 17, 2021, third September 17, 2023. December 13, 2021, fourth December 12, 2023. February 14, 2022, fifth two may 10 10 March 31, 2022, During the quarter ended March 31, 2022, February 2022. During the quarters ended March 31, 2022 2021, March 31, 2022 December 31, 2021, During the year ended December 31, 2021, no |
Note 8 - Stock Warrants
Note 8 - Stock Warrants | 3 Months Ended |
Mar. 31, 2022 | |
Notes to Financial Statements | |
Stock Warrants [Text Block] | NOTE 8 STOCK WARRANTS A summary of the status of the Company’s outstanding stock warrants and changes during the periods is presented below: Shares available to purchase with warrants Weighted Average Price Weighted Average Fair Value Outstanding, December 31, 2020 2,000,000 $ 1.05 $ 0.003 Issued 550,000 $ 0.95 $ 0.023 Exercised - $ - $ - Cancelled - $ - $ - Expired - $ - $ - Outstanding, December 31, 2021 2,550,000 $ 1.03 $ 0.007 Issued - $ - $ - Exercised - $ - $ - Cancelled - $ - $ - Expired - $ - $ - Outstanding, March 31, 2022 2,550,000 $ 1.03 0.007 Exercisable, March 31, 2022 2,112,500 $ 1.04 $ 0.004 |
Note 9 - Stockholders' Equity (
Note 9 - Stockholders' Equity (Deficit) | 3 Months Ended |
Mar. 31, 2022 | |
Notes to Financial Statements | |
Stockholders' Equity Note Disclosure [Text Block] | NOTE 9 STOCKHOLDERS' EQUITY (DEFICIT) On July 23, 2020, 14 October 2021, March 31, 2022 Stock Payable In the quarter ended March 31, 2022, March 31, 2022 March 31, 2021: Amount Shares Ending balance - December 31, 2020 $ - - Additions, net - - Issuances, net - - Ending balance – March 31, 2021 $ - - Amount Shares Ending balance - December 31, 2021 $ 654,166 782,736 Additions, net 81,249 81,249 Issuances, net - - Ending balance – March 31, 2022 $ 735,415 863,985 |
Note 10 - Subsequent Events
Note 10 - Subsequent Events | 3 Months Ended |
Mar. 31, 2022 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] | NOTE 10 Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855, no |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 3 Months Ended |
Mar. 31, 2022 | |
Accounting Policies [Abstract] | |
Consolidation, Policy [Policy Text Block] | Basis of Consolidation 810, March 31, 2022 |
Basis of Accounting, Policy [Policy Text Block] | Basis of presentation The condensed consolidated financial statements of the Company and the accompanying notes included in this Quarterly Report on Form 10 not 10 December 31, 2021. 10 |
Use of Estimates, Policy [Policy Text Block] | Use of estimates |
Concentration Risk, Credit Risk, Policy [Policy Text Block] | Concentrations of Credit Risk may not not |
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash equivalents The Company considers all highly liquid investments with a maturity of three March 31, 2022 December 31, 2021. |
Accounts Receivable [Policy Text Block] | Accounts Receivable Revenues that have been recognized but not not not March 31, 2022 December 31, 2021. |
Fair Value of Financial Instruments, Policy [Policy Text Block] | Fair value of financial instruments The Company follows paragraph 825 10 50 10 820 10 35 37 820 10 35 37” 820 10 35 37 820 10 35 37 three 3 three 3 820 10 35 37 Level 1: Level 2: 1, Level 3: not The carrying amount of the Company’s consolidated financial assets and liabilities, such as cash, prepaid expenses and accrued expenses approximate their fair value because of the short maturity of those instruments. The Company’s notes payable approximates the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at March 31, 2022. |
Property, Plant and Equipment, Policy [Policy Text Block] | Property and equipment Property and equipment are carried at the lower of cost or net realizable value. All Property and equipment with a cost of $2,000 or greater are capitalized. Major betterments that extend the useful lives of assets are also capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in operations. At March 31, 2022 December 31, 2021, no |
Revenue [Policy Text Block] | Revenue recognition STCB and its subsidiaries earn their revenue as royalties from the licensing agreements it has with TSG, a related entity, and other related parties. STCB licenses the right for TSG to manufacture and sell certain Starco Brands products. The amount of the licensing revenue received varies depending upon the product and the royalty percentage is determined beforehand in each agreement. The Company recognizes its revenue only when sales are made by TSG or other related parties to a third The Company applies the following five The Company only applies the five 606 |
Income Tax, Policy [Policy Text Block] | Income taxes The Company follows Section 740 10 30 not not The Company adopted section 740 10 25 740 10 25” 740 10 25 740 10 25, may not fifty 50% 740 10 25 no 740 10 25. |
Share-Based Payment Arrangement [Policy Text Block] | Stock-based Compensation The Company follows the guidance of the accounting provisions of ASC 718 718” not not |
Earnings Per Share, Policy [Policy Text Block] | Net income (loss) per common share Net income (loss) per common share is computed pursuant to section 260 10 45 first March 31, 2022, |
Goodwill and Intangible Assets, Intangible Assets, Policy [Policy Text Block] | Intangible Assets Definite-lived intangible assets consist of certain trademarks and customer lists. Definite-lived intangible assets are amortized utilizing the straight-line method over the assets’ estimated useful lives, which approximate 10 years. There was no significant amortization during the quarter ended March 31, 2022 December 31, 2021. The Company assesses potential impairment of its long-lived assets whenever events or changes in circumstances indicate that an asset or asset group’s carrying value may not 820, not March 31, 2022. |
Royalties and Licenses [Policy Text Block] | Royalties and Licenses Royalty-based obligations with content licensors are either paid in advance and capitalized as prepaid royalties or are accrued as incurred and subsequently paid. These royalty-based obligations are generally expensed to cost of revenue generally at the greater of the contractual rate or an effective royalty rate based on the total projected net revenue for contracts with guaranteed minimums. Prepayments made are generally made in connection with the development of a particular product, and therefore, we are generally subject to risk during the product phase. Payments earned after completion of the product (primarily royalty-based in nature) are generally expensed as cost of revenue. Our contracts with some licensors include minimum guaranteed royalty payments, which are initially recorded as an asset and as a liability at the contractual amount when no Each quarter, we also evaluate the expected future realization of our royalty-based assets, as well as any unrecognized minimum commitments not Our minimum contractual obligations as of December 31, 2021 December 31, 2022, 2023 2024, |
New Accounting Pronouncements, Policy [Policy Text Block] | Recently issued accounting pronouncements The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not not |
Note 8 - Stock Warrants (Tables
Note 8 - Stock Warrants (Tables) | 3 Months Ended |
Mar. 31, 2022 | |
Notes Tables | |
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] | Shares available to purchase with warrants Weighted Average Price Weighted Average Fair Value Outstanding, December 31, 2020 2,000,000 $ 1.05 $ 0.003 Issued 550,000 $ 0.95 $ 0.023 Exercised - $ - $ - Cancelled - $ - $ - Expired - $ - $ - Outstanding, December 31, 2021 2,550,000 $ 1.03 $ 0.007 Issued - $ - $ - Exercised - $ - $ - Cancelled - $ - $ - Expired - $ - $ - Outstanding, March 31, 2022 2,550,000 $ 1.03 0.007 Exercisable, March 31, 2022 2,112,500 $ 1.04 $ 0.004 |
Note 9 - Stockholders' Equity_2
Note 9 - Stockholders' Equity (Deficit) (Tables) | 3 Months Ended |
Mar. 31, 2022 | |
Notes Tables | |
Schedule of Common Stock Payable [Table Text Block] | Amount Shares Ending balance - December 31, 2020 $ - - Additions, net - - Issuances, net - - Ending balance – March 31, 2021 $ - - Amount Shares Ending balance - December 31, 2021 $ 654,166 782,736 Additions, net 81,249 81,249 Issuances, net - - Ending balance – March 31, 2022 $ 735,415 863,985 |
Note 1 - Organization and Des_2
Note 1 - Organization and Description of Business (Details Textual) - Whipshots-DE [Member] | Mar. 31, 2022 |
Noncontrolling Interest, Ownership Percentage by Parent | 96.00% |
Percentage of Equity Issued Subject to Vesting Requirements | 3.00% |
Note 2 - Summary of Significa_2
Note 2 - Summary of Significant Accounting Policies (Details Textual) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2022 | Dec. 31, 2021 | Mar. 31, 2021 | Dec. 31, 2020 | |
Cash Equivalents, at Carrying Value, Total | $ 0 | $ 0 | ||
Accounts Receivable, Allowance for Credit Loss, Ending Balance | 0 | 0 | ||
Property, Plant and Equipment, Net, Total | $ 0 | $ 0 | ||
Common Stock, Shares to be Issued (in shares) | 863,985 | 782,736 | 0 | 0 |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares) | 2,550,000 | |||
Finite-Lived Intangible Asset, Useful Life (Year) | 10 years | |||
Amortization of Intangible Assets | $ 0 | $ 0 | ||
Impairment of Intangible Assets (Excluding Goodwill), Total | 0 | |||
Contractual Obligation, to be Paid, Year One | 550,000 | |||
Contractual Obligation, to be Paid, Year Two | 1,100,000 | |||
Contractual Obligation, to be Paid, Year Three | $ 1,650,000 | |||
Investors [Member] | ||||
Common Stock, Shares to be Issued (in shares) | 728,570 | |||
Advisors [Member] | ||||
Common Stock, Shares to be Issued (in shares) | 650,000 | |||
Minimum [Member] | ||||
Property and Equipment, Capitalization Threshold | $ 2,000 | |||
Whipshots-DE [Member] | ||||
Noncontrolling Interest, Ownership Percentage by Parent | 96.00% |
Note 3 - Going Concern (Details
Note 3 - Going Concern (Details Textual) - USD ($) | 3 Months Ended | ||
Mar. 31, 2022 | Mar. 31, 2021 | Dec. 31, 2021 | |
Retained Earnings (Accumulated Deficit), Total | $ (18,347,237) | $ (18,388,186) | |
Net Income (Loss) Attributable to Parent, Total | 40,949 | $ (115,909) | |
Net Cash Provided by (Used in) Operating Activities, Total | $ (566,093) | $ (167,934) |
Note 4 - Notes Payable (Details
Note 4 - Notes Payable (Details Textual) - USD ($) | Mar. 31, 2022 | Dec. 31, 2021 |
Short-Term Debt, Total | $ 27,060 | $ 53,822 |
Financing Loan for Director and Officer Insurance Policy [Member] | ||
Debt Instrument, Interest Rate, Stated Percentage | 4.40% | |
Short-Term Debt, Total | $ 27,060 | $ 53,822 |
Note 5 - Operating Lease (Detai
Note 5 - Operating Lease (Details Textual) - USD ($) | Nov. 01, 2020 | Mar. 31, 2022 | Mar. 31, 2021 | Dec. 31, 2020 | Jan. 01, 2019 | Jan. 01, 2016 |
Lessee, Operating Lease, Term of Contract (Year) | 3 years | |||||
Lessee, Operating Lease, Renewal Term (Year) | 3 years | |||||
Lessee, Operating Lease, Monthly Payment | $ 1,750 | |||||
Gain (Loss) on Extinguishment of Debt, Total | $ 34,280 | |||||
Operating Lease, Expense | $ 0 | $ 34,691 | ||||
Operating Lease, Payments | $ 25,918 | |||||
Non-cash Asset Writeoff | $ 3,500 | |||||
Other Current Assets [Member] | ||||||
Operating Lease, Right-of-Use Asset | $ 122,825 | |||||
Other Current Liabilities [Member] | ||||||
Operating Lease, Liability, Total | $ 122,825 |
Note 6 - Commitments & Contin_2
Note 6 - Commitments & Contingencies (Details Textual) - USD ($) | 3 Months Ended | 12 Months Ended | |||
Mar. 31, 2022 | Dec. 31, 2021 | Sep. 14, 2021 | Sep. 08, 2021 | Jul. 09, 2014 | |
Accrued Liabilities, Total | $ 150,000 | ||||
Penguins Fly, LLC [Member] | |||||
Minimum Purchase Price, Aggregate Payment | $ 140,000 | ||||
Maximum Purchase Price Aggregate Payment | $ 2,000,000 | ||||
Payments to Acquire Intangible Assets | $ 20,000 | $ 20,000 | |||
Washpoppin Inc. [Member] | |||||
Minimum Royalty Payments | $ 3,300,000 | ||||
Royalty Expense | 127,000 | ||||
Advance Royalties, Total | $ 381,000 |
Note 7 - Related Party Transa_2
Note 7 - Related Party Transactions (Details Textual) - USD ($) | Dec. 13, 2021 | Sep. 17, 2021 | Jun. 28, 2021 | Feb. 14, 2020 | Jan. 24, 2020 | Mar. 31, 2022 | Mar. 31, 2021 | Dec. 31, 2017 | Jun. 30, 2024 | Dec. 31, 2021 |
Due to Related Parties, Noncurrent, Total | $ 1,572,500 | $ 1,100,000 | ||||||||
Due to Related Parties, Current, Total | 376,382 | 376,382 | ||||||||
Proceeds from Related Party Debt | 472,500 | $ 56,895 | ||||||||
Share Price (in dollars per share) | $ 0.29 | |||||||||
Revenue from Related Parties | 923,274 | $ 132,514 | ||||||||
Accounts Receivable, Related Parties | 560,372 | 174,059 | ||||||||
Chairman and Former CEO [Member] | ||||||||||
Due to Related Parties, Noncurrent, Total | $ 289,821 | |||||||||
Related-party Advance, Monthly Interest Payment | $ 2,545 | |||||||||
Sanford Lang and Martin Goldrod [Member] | ||||||||||
Stock Repurchased During Period, Value | 32,850 | |||||||||
Sanford Lang and Martin Goldrod [Member] | Forecast [Member] | ||||||||||
Monthly Share Repurchases from Related Parties, Value | $ 10,950 | |||||||||
The Starco Group [Member] | ||||||||||
Due to Related Parties, Noncurrent, Total | $ 472,500 | |||||||||
Due to Related Parties, Current, Total | 203,539 | |||||||||
Conditions for Related Party to Deduct Incurred Expenses from Subsequent Royalty Payments, Royalty Revenue Threshold | 250,000 | |||||||||
Debt Instrument, Interest Rate During Period | 4.00% | |||||||||
The Starco Group [Member] | Due for Expenses to Launch Licensed Brands [Member] | ||||||||||
Due to Related Parties, Current, Total | 72,843 | |||||||||
The Starco Group [Member] | Cash Advance [Member] | ||||||||||
Proceeds from Related Party Debt | $ 300,000 | |||||||||
The Starco Group [Member] | Company Costs [Member] | ||||||||||
Proceeds from Related Party Debt | $ 172,500 | |||||||||
Chief Executive Officer [Member] | ||||||||||
Notes Payable, Total | $ 100,000 | |||||||||
Debt Instrument, Interest Rate During Period | 4.00% | |||||||||
Debt Instrument, Term (Year) | 2 years | |||||||||
Proceeds from Related Party Debt | $ 500,000 | $ 500,000 | $ 100,000 | |||||||
Accrued Interest, Related Party | 6,086 | |||||||||
The Woo [Member] | ||||||||||
Marketing Expense, Related Party | $ 87,044 | |||||||||
Temperance [Member] | ||||||||||
Notes Receivable, Related Parties | $ 95,640 |
Note 8 - Stock Warrants - Summa
Note 8 - Stock Warrants - Summary of Stock Warrants (Details) - Warrants [Member] - $ / shares | 3 Months Ended | 12 Months Ended |
Mar. 31, 2022 | Dec. 31, 2021 | |
Balance, shares (in shares) | 2,550,000 | 2,000,000 |
Balance, weighted average price (in dollars per share) | $ 1.03 | $ 1.05 |
Balance, weighted average fair value (in dollars per share) | $ 0.007 | $ 0.003 |
Issued, shares (in shares) | 0 | 550,000 |
Issued, weighted average price (in dollars per share) | $ 0 | $ 0.95 |
Issued, weighted average fair value (in dollars per share) | $ 0 | $ 0.023 |
Exercised, shares (in shares) | 0 | 0 |
Exercised, weighted average price (in dollars per share) | $ 0 | $ 0 |
Cancelled, shares (in shares) | 0 | 0 |
Cancelled, weighted average price (in dollars per share) | $ 0 | $ 0 |
Expired, shares (in shares) | 0 | 0 |
Expired, weighted average price (in dollars per share) | $ 0 | $ 0 |
Balance, shares (in shares) | 2,550,000 | 2,550,000 |
Balance, weighted average price (in dollars per share) | $ 1.03 | $ 1.03 |
Balance, weighted average fair value (in dollars per share) | $ 0.007 | $ 0.007 |
Exercisable, shares (in shares) | 2,112,500 | |
Exercisable, weighted average price (in dollars per share) | $ 1.04 | |
Exercisable, weighted average fair value (in dollars per share) | $ 0.004 |
Note 9 - Stockholders' Equity_3
Note 9 - Stockholders' Equity (Deficit) (Details Textual) - USD ($) | Jul. 23, 2020 | Oct. 31, 2021 | Mar. 31, 2022 |
Stock Issued During Period, Shares, Issued for Services (in shares) | 49,751 | 650,000 | |
Share Price, Average 14 Closing Day Price (in dollars per share) | $ 2.01 | ||
Stock Issued During Period, Value, Issued for Services | $ 100,000 | $ 650,000 | |
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Month) | 24 months | ||
Shares Issued, Price Per Share (in dollars per share) | $ 1 | ||
Share-Based Payment Arrangement, Expense | $ 81,249 |
Note 9 - Stockholders' Equity_4
Note 9 - Stockholders' Equity (Deficit) - Summary of Activity of Stock Payable (Details) - USD ($) | 3 Months Ended | |
Mar. 31, 2022 | Mar. 31, 2021 | |
Ending balance | $ 654,166 | $ 0 |
Ending balance, shares (in shares) | 782,736 | 0 |
Additions, net | $ 81,249 | $ 0 |
Additions, net, shares (in shares) | 81,249 | 0 |
Issuances, net | $ 0 | $ 0 |
Issuances, net, shares (in shares) | 0 | 0 |
Ending balance | $ 735,415 | $ 0 |
Ending balance, shares (in shares) | 863,985 | 0 |