Company: ORBS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023549
Chunk: 101

Company: Eightco Holdings Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 101
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30, 2025 and 2024:

    Three Months Ended September 30,  
    Period over Period Change 

    2025  
    2024  
    $  
    % 

    Revenues, net 
    $5,300,527  
    $6,056,046  
    $(755,519) 
     -12.48%
  
    Cost of revenues 
     5,496,377  
     4,451,185  
     (1,045,192) 
     23.49%
  
    Gross profit 
     (195,850) 
     1,604,861  
     (1,800,711) 
     -112.20%

    Operating expenses: 

    Selling, general and administrative 
     6,002,208  
     3,364,793  
     2,637,415  
     78.40%
  
    Restructuring and severance 
     -  
     -  
     -  
     0.00%
  
    Total operating expenses 
     6,002,208  
     3,364,793  
     2,637,415  
     78.40%
  
    Operating loss 
     (6,198,058) 
     (1,759,932) 
     (4,438,126) 
     -252.18%

    Other (expense) income: 

    Interest income (expense) 
     (1,095,132) 
     (1,525,274) 
     430,142  
     28.21%
  
    Gain on divestiture 
     -  
     -  
     -  
     0.00%
  
    Gain on extinguishment of liabilities 
     -  
     -  
     -  
     0.00%
  
    Change in fair value of digital assets 
     (18,639,017) 
     -  
     (18,639,017) 
     100.00%
  
    Other income 
     87,991  
     22,830  
     65,161  
     285.42%
  
    Total other income (expense), net