Company: ORBS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023549
Chunk: 10

Company: Eightco Holdings Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 10
---
,418  
    $338,753,816 
  
    Balances 
     187,260,971  
    $187,261  
    $480,198,162  
    $(414,514) 
    $(142,132,511) 
    $915,418  
    $338,753,816 

See
the accompanying notes to the condensed consolidated financial statements.

8

EIGHTCO
HOLDINGS INC.

CONDENSED
CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

    For the Nine Months Ended September 30, 2025  
    For the Nine Months Ended September 30, 2024 
  
    Cash flows from operating activities: 

    Net income (loss) 
    $(29,562,461) 
    $3,212,482 
  
    Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: 

    Depreciation and amortization 
     1,764,410  
     1,831,064 
  
    Amortization of debt issuance costs 
     750,000  
     1,087,750 
  
    Amortization of prepaid share-based compensation 
     34,000  
     426,251 
  
    Share-based compensation 
     2,442,906  
     53,270 
  
    Gain on sale of assets 
     (1,231,774) 
     - 
  
    Gain on extinguishment of liabilities 
     -  
     (7,427,193)
  
    Gain on forgiveness of earnout 
     -  
     (6,100,000)
  
    Change in fair value of digital assets 
     18,639,017  
     - 
  
    Changes in assets and liabilities, net of divestiture: 

    Accounts receivable 
     1,337,244  
     (789,701)
  
    Inventories 
     3,036,860  
     2,394,828 
  
    Prepaid expenses and other current assets 
     648,061  
     (7,945)
  
    Accounts payable 
     30,628  
     438,183 
  
    Accrued expenses and other current liabilities 
     960,916