Company: ORBS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023549
Chunk: 35

Company: Eightco Holdings Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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    Deposits 
     18,895  
     72,744 
  
    Escrow receivable 
     250,000  
     - 
  
    Other 
     13,194  
     31,286 
  
    Total other current assets 
     569,962  
     1,107,272 
  
    Less: other current assets – discontinued operations 
     -  
     (105,249)
  
    Other current assets – continuing operations 
    $569,962  
    $1,002,023 

10.
LOAN HELD-FOR-INVESTMENT

Loan
held-for-investment consist of the following at September 30, 2025 and December 31, 2024:

 SCHEDULE
OF LOAN HELD FOR INVESTMENT

    September 30,  2025  
    December 31, 2024 

    Wattum Management Inc. – 5%, 10/2026 
    $2,224,252  
    $2,224,252 
  
    Reichard Containers, LLC – 9.75%, 4/2035 
     2,327,516  
     - 
  
    Total loan held-for-investment 
     4,551,768  
     2,224,252 
  
    Less: allowance for credit losses 
     -  
     - 
  
    Other current assets – continuing operations 
    $4,551,768  
    $2,224,252 

Wattum
Management Inc. is a non-controlling member of CW Machines, LLC, previously a related party, when CW Machines was doing business. The
Wattum note is secured by assets of Wattum Management, Inc. The Wattum Management Inc. note is interest only with the entire principal balance due in October 2026.

Reichard
Containers, LLC purchased the assets of Ferguson Containers, Inc. on April 7, 2025. The Reichard note is secured by assets of Reichard
Containers, LLC. The Reichard note is due on April 2035 and with monthly payments of $32,693 for principal and interest.

Expected
credit losses for loan held for investment are based on management’s assessment of credit risk associated with the loan, including
consideration of factors such as the financial condition of the entity, historical payment behavior,