Company: ORBS
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001493152-25-012159
Chunk: 15

Company: Eightco Holdings Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 2
Chunk 15
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 to $(5,881) for the six months ended June 30, 2024. The increase in net cash provided by investing activities
is largely attributable to the sale of the assets of the assets of the Corrugated Business.

Financing
Activities

Net
cash used in financing activities was $(281,308) during the six months
ended June 30, 2025 compared to $($3,715,313) for the six months ended June 30, 2024. This decrease was largely attributable to less repayments
of debt instruments most notably the convertible notes payable in the amount of $4,915,000 paid in early 2024.

The
Company did not have any off-balance sheet arrangements as of June 30, 2025.

Known
Trends, Events, Uncertainties and Factors That May Affect Future Operations

The
impact of general economic conditions, actual and projected, including inflation, rising interest rates, lower consumer confidence, volatile
capital markets, supply chain disruptions, uncertainty and volatility in the financial services sector and the impact of the Hamas-Israel
and Russia-Ukraine conflicts, and government and business responses thereto, on the global economy and regional economies.

Contractual
Obligations and Commitments

The
Company has no debt covenants that require certain financial information to be met.

Critical
Accounting Policies and Significant Judgments and Estimates

This
discussion and analysis of the Company’s financial condition and results of operations is based on the Company’s combined
financial statements, which have been prepared in accordance with generally accepted accounting principles in the United States of America,
or U.S. GAAP. The preparation of these financial statements requires us to make estimates and assumptions that affect the reported amounts
of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts
of revenue and expenses during the reported periods. In accordance with U.S. GAAP, the Company bases its estimates on historical experience
and on various other assumptions the Company believes are reasonable under the circumstances. Actual results may differ from these estimates
under different assumptions or conditions.

36

For
information on the Company’s significant accounting policies please refer to Note 2 to the Company’s Financial Statements
included in this Quarterly Report.

ITEM
3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not
applicable.

ITEM
4. CONTROLS AND PROCEDURES

Disclosure
Controls and Procedures