Company: ORBS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023549
Chunk: 37

Company: Eightco Holdings Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 37
---

  
    Trademarks and tradenames 
    7 years 
     2,200,000  
     2,200,000 
  
     Total intangible assets, gross  
      
     19,000,000  
     19,000,000 
  
    Less: accumulated amortization 
      
     (6,895,716) 
     (5,171,786)
  
    Total intangible assets, net 
      
    $12,104,284  
    $13,828,214 

For
the three and nine months ended September 30, 2025, amortization expense was $574,642 and $1,723,928, respectively. For the three and
nine months ended September 30, 2024, amortization expense was $556,299 and $1,705,585, respectively.

Amortization
expense for the next five years is as follows:

 SCHEDULE OF AMORTIZATION EXPENSE

    For the years ending December 31, 

    2025 (excluding the nine months ended September 30, 2025) 
    $574,643 
  
    2026 
     2,298,571 
  
    2027 
     2,298,571 
  
    2028 
     2,298,571 
  
    2029 
     1,966,428 
  
    Thereafter 
     2,667,500 
  
    Total 
    $12,104,284 

    21

EIGHTCO
HOLDINGS INC.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

13.
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accrued
expenses and other current liabilities consist of the following at September 30, 2025 and
December 31, 2024:

 SCHEDULE OF ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

    September 30, 2025  
    December 31, 2024 

    Payroll and related benefits 
    $2,794,279  
    $3,130,269 
  
    Professional fees 
     58,000  
     187,378 
  
    Accrued interest 
     267,215  
     936,395