Company: ORBS
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-011052
Chunk: 18

Company: Eightco Holdings Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 2
Chunk 18
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5 and 2024:

    Three Months Ended March 31,  
    Period over  Period Change 

    2025  
    2024  
    $  
    % 

    Revenues, net: 

    Corrugated 
    $1,773,929  
    $1,661,123  
    $112,806  
     6.79%

    Cost of revenues: 

    Corrugated 
     1,276,685  
     1,164,371  
     112,314  
     9.65%

    Gross profit: 

    Corrugated 
     497,244  
     496,752  
     492  
     0.10%

    Operating expenses: 

    Selling, general and administrative 
     393,013  
     334,016  
     58,997  
     17.66%
  
    Restructuring and severance 
     -  
     -  
     -  
     0.00%
  
    Operating loss 
     104,231  
     162,736  
     (58,505) 
     -35.95%

    Other income: 

    Other income 
     1,322  
     4,092  
     (2,770) 
     -67.72%
  
    Total other income, net 
     1,322  
     4,092  
     (2,770) 
     -67.72%
  
    Income before income taxes 
     105,553  
     166,828  
     (61,275) 
     -36.73%
  
    Income tax expense (benefit) 
     -  
     -  
     -  
     0.00%
  
    Net income from discontinued operations 
    $105,553  
    $166,828  
    $(61,275) 
     -36.73%

Revenue

For
the three months ended March 31, 2025, revenues totaled $1,773,929, an increase of $112,806, or 6.79%, compared to $1,661,123 for the
three months ended March 31, 2024. The