Company: ORBS
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001493152-25-012159
Chunk: 9

Company: Eightco Holdings Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 2
Chunk 9
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,193  
     (6,497,193) 
     -100.00%
  
    Other income 
     81,969  
     28,137  
     53,832  
     191.32%
  
    Total other income (expense), net 
     37,017  
     5,201,736  
     (5,164,719) 
     -99.29%
  
    Income (loss) before income taxes 
     (1,169,519) 
     4,333,571  
     (5,503,090) 
     -126.99%
  
    Income tax expense (benefit) 
     -  
     -  
     -  
     0.00%
  
    Net income (loss) from continuing operations 
     (1,169,519) 
     4,333,571  
     (5,503,090) 
     -126.99%
  
    Net income (loss) from discontinued operations 
     -  
     115,321  
     (115,321) 
     -100.00%
  
    Net income (loss) 
    $(1,169,519) 
    $4,448,892  
    $(5,618,411) 
    $-126.29%

Revenue

For
the three months ended June 30, 2025, revenues increased by $2,295,053 or 43.44%, as compared to the three months ended June 30, 2024.
The increase was attributable to increased demand from our customers due to increased sales to end users.

Cost
of Revenues

For
the three months ended June 30, 2025, cost of revenues increased by $2,373,540 or 59.94%, as compared to the three months ended June 30, 2024. The increase was largely attributable to the increase in revenues as
well as the mix of products sold being lower margin.

Gross
Profit

For
the three months ended June 30, 2025, gross profit decreased by $78,487 or 5.93%, as compared to the three months ended June 30, 2024.
The decrease was largely attributable to lower margin product sales.

Operating
Expenses

Selling, general and administrative expenses were $