Company: ORBS
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001493152-25-012159
Chunk: 11

Company: Eightco Holdings Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 2
Chunk 11
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     (654,238) 
     -24.12%

    Operating expenses: 

    Selling, general and administrative 
     4,681,257  
     5,319,891  
     (638,634) 
     -12.00%
  
    Restructuring and severance 
     -  
     1,414,838  
     (1,414,838) 
     -100.00%
  
    Impairment 
     -  
     -  
     -  
     0.00%
  
    Total operating expenses 
     4,681,257  
     6,734,729  
     (2,053,472) 
     -30.49%
  
    Operating (loss) income 
     (2,622,702) 
     (4,021,936) 
     1,399,234  
     -34.79%

    Other (expense) income: 

    Interest (expense) 
     (2,565,530) 
     (2,522,365) 
     (43,165) 
     1.71%
  
    Gain on divestiture 
     1,231,774  
     -  
     1,231,774  
     100.00%
  
    Gain on extinguishment of liabilities 
     -  
     6,497,193  
     (6,497,193) 
     -100.00%
  
    Gain on forgiveness of earnout 
     -  
     6,100,000  
     (6,100,000) 
     -100.00%
  
    Other income 
     103,867  
     54,814  
     49,053  
     89.49%
  
    Total other income (expense), net 
     1,229,889  
     10,129,642  
     (8,899,753) 
     -87.86%
  
    Income (loss) before income taxes 
     (3,852,591) 
     6,107,706  
     (9,960,297) 
     -163.08%
  
    Income tax expense (benefit)