Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 206

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 206
---
(70,098) 
     (295,150)

    Cash flows from financing activities: 

    Net proceeds from issuance of common stock 
     2,989,800  
     14,798 
  
    Net borrowings under lines of credit 
     3,750,000  
     4,775,000 
  
    Net borrowings under convertible notes 
     -  
     3,360,000 
  
    Net repayments under notes payable – related parties 
     -  
     (249,507)
  
    Fees paid for financing costs 
     -  
     (664,389)
  
    Repayments under notes payable – related parties 
     -  
     (116,300)
  
    Repayments under convertible notes payable – related parties 
     (126,250) 
     - 
  
    Repayments under convertible notes payable 
     (4,915,000) 
     - 
  
    Repurchase of warrants from noteholders 
     -  
     (660,000)
  
    Distributions 
     -  
     (97,968)

    Net cash provided by financing activities 
     1,698,550  
     6,361,634 

    Net increase in cash and cash equivalents and restricted cash 
     (5,008,649) 
     (332,595)
  
    Cash and cash equivalents and restricted cash, beginning of the year 
     5,247,836  
     5,580,431 
  
    Cash and cash equivalents and restricted cash, end of the year 
    $239,187  
    $5,247,836 

    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