Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 924

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 5
Chunk 924
---
,247,836 

    Supplemental disclosure of cash flow information: 

    Cash paid for interest 
    $1,179,351  
    $444,781 
  
    Cash paid for income taxes 
    $-  
    $- 
  
    Convertible shares under notes payable 
    $-  
    $7,743,333 
  
    Issuance of warrants to noteholders and placement agent 
    $-  
    $4,335,611 
  
    Original issue discount 
    $-  
    $555,000 
  
    Accrued placement agent fees for equity placement 
    $-  
    $- 
  
    Convertible shares under notes payable – related party 
    $99,199  
    $- 
  
    Issuance of common stock to line of credit holders 
    $60,000  
    $- 
  
    Issuance of common stock to vendors for future services 
    $480,250  
    $- 
  
    Issuance of common stock to employees and directors for settlement of liabilities 
    $318,205  
    $- 
  
    Issuance of common stock to vendors for settlement of liabilities 
    $105,693  
    $- 
  
    Issuance of common stock to noteholders for settlement of accrued interest 
    $1,148,000  
    $- 
  
    Issuance of common stock to noteholders for settlement of cash warrant liabilities 
    $206,779  
    $- 
  
    Shares reserved for future issuance of common stock to debt holders for
interest 8 
    $713,510  
    $- 
  
    Forgiveness of interest – related parties 
    $3,861,165  
    $- 
  
    Forgiveness of debt – related parties 
    $5,400,000  
    $- 

The
accompanying notes are an integral part of these consolidated financial statements.

F-7

EIGHTCO
HOLDINGS INC.

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

For
the Years ended December 31, 2024 and 2023

1.
NATURE OF OPERATIONS AND BASIS OF PRESENTATION

As
used herein, “Eightco” and the “Company” refer to Eightco Holdings Inc., a Delaware corporation originally
incorporated on September