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

Company: Eightco Holdings Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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3,797,715 
  
    Discontinued operations 
     (129,055) 
     (2,569)

    Net cash used in operating activities 
     (1,279,248) 
     (1,085,865)

    Cash flows from investing activities: 

    Purchases of property and equipment – continuing operations 
     (2,208) 
     (1,222)
  
    Purchases of digital assets 
     (305,299,304) 
     - 
  
    Purchases of property and equipment – discontinued operations 
     (44,490) 
     (46,463)
  
    Proceeds from sale of assets of Ferguson Containers, Inc. 
     307,835  
     - 
  
    Repayments under loan held-for-investment 
     172,484  
     - 

    Net cash used in investing activities 
     (304,865,683) 
     (47,685)

    Cash flows from financing activities: 

    Net borrowings under lines of credit 
     55,000  
     375,000 
  
    Net proceeds from issuance of common stock 
     329,852,895  
     2,917,934 
  
    Repayments under convertible notes payable – related parties 
     (289,688) 
     (85,768)
  
    Repayments under convertible notes payable 
     -  
     (4,915,000)

    Net cash provided by (used in) financing activities 
     329,618,207  
     (1,707,834)

    Net increase (decrease) in cash and cash equivalents 
     23,473,276  
     (2,841,384)
  
    Cash and cash equivalents, beginning of the year 
     239,187  
     5,247,836 
  
    Cash and cash equivalents, end of the period 
    $23,712,463  
    $2,406,452 

    Supplemental disclosure of cash flow information: 

    Cash paid for interest 
    $1,103,711  
    $843,101 
  
    Cash paid for income taxes 
    $-  
    $- 
  
    Issuance of common stock to line of credit holders 
    $-  
    $60