Company: ORBS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023549
Chunk: 48

Company: Eightco Holdings Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 48
---
ercisable  
    Weighted Average  Remaining Term  
    Classification 

    Instrument: 

    Strategic Advisor Warrants 
     9,917,844  
    $1.752  
    $7.398  
     9,917,844  
     3.5  
     Equity 
  
    Placement Agent Warrants 
     3,855,822  
     1.752  
     7.398  
     3,855,822  
     2.5  
     Equity 
  
    Pre-Funded Warrants 
     6,646,855  
     0.001  
     9.149  
     6,646,855  
     n/a  
     Equity 
  
    Stock Options – Dan Ives 
     856,164  
     14.60  
     0.000  
     856,164  
     3.5  
     Equity 
  
    Total outstanding 
     21,276,684  

The aggregate intrinsic value is calculated as the difference between the
exercise price of the underlying awards and the closing price of the Common Stock, which was $9.15 per share on September 30, 2025.

Share-based compensation expense recognized for the nine months ended
September 30, 2025 was $2,299,705.

No liability-classified instruments were outstanding as of September
30, 2025.

21.
COMMITMENTS AND CONTINGENCIES

Operating
Leases. The Company leases certain office space from an entity affiliated through common ownership under an operating lease agreement
on a month-to-month basis. The Company has elected not to recognize right-of-use assets and lease liabilities arising from short-term
leases.

For
the three and nine months ended September 30, 2025, rent expense was $19,148 and $103,368, respectively. For the three and nine months
ended September 30, 2024, rent expense was $65,835 and $190,618, respectively. Rental payments are expensed in the statements of comprehensive
income in the period to which they relate.

Consulting Agreement. On September 9, 2025,
the Company entered into a consulting agreement with Worldcoin Tower LLC to support the Company’s digital asset treasury strategy.
Fees include:

●1% of A