Company: ORBS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023549
Chunk: 30

Company: Eightco Holdings Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 30
---
 liabilities 
     -  
     31,775 
  
    Income tax payable 
     -  
     72,976 
  
    Deferred tax liabilities 
     -  
     - 
  
    Total liabilities 
    $-  
    $107,731 

    17

EIGHTCO
HOLDINGS INC.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

4.
ACQUISITIONS AND DIVESTITURES (continued)

The
following summarizes the components of net income from discontinued operations for the three and nine months ended September 30, 2025
and 2024:

    2025

    2024

    Three Months Ended September 30, 

    2025  
    2024 

    Revenues 
     -  
     1,616,349 
  
    Cost of revenues 
     -  
     1,174,339 
  
    Gross profit: 
     -  
     442,010 

    Operating expenses: 

    Selling, general and administrative 
     -  
     358,398 
  
    Restructuring and severance 
     -  
     - 
  
    Operating income 
     -  
     83,612 

    Other (expense) income: 

    Interest (expense) 
     -  
     - 
  
    Other income 
     -  
     1,391 
  
    Total other income, net 
     -  
     1,391 
  
    Income before income taxes 
     -  
     85,003 
  
    Income tax benefit 
     -  
     - 
  
    Net income from discontinued operations 
    $-  
    $85,003 

    2025  
    2024 

    Nine Months Ended September 30, 

    2025  
    2024 

    Revenues 
     1,773,929  
     5,010,892 
  
    Cost of revenues 
     1,276,685  
     3,618,102 
  
    Gross profit: 
     497,244  
     1,392,790 

    Operating expenses: 

    Selling, general and administrative