XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]    
Revenues, net $ 15,889,715 $ 3,719,647
Cost of revenues 14,070,623 3,174,383
Gross profit 1,819,092 545,264
Operating expenses:    
Selling, general and administrative expenses 5,349,431 1,921,795
Operating loss (3,530,339) (1,376,531)
Non-operating income (expense):    
Interest expense, net (2,813,227) (129)
Loss on issuance of warrants (43,541,211)
Other income 33,637 49,519
Total non-operating income (expense) (46,320,801) 49,390
Net income (loss) before income tax expense (49,851,140) (1,327,141)
Income tax expense (benefit) (189,997)
Net income (loss) (49,851,140) (1,137,144)
Net income (loss) attributable to non-controlling interest (126,754)
Net income (loss) attributable to Eightco Holdings Inc. $ (49,851,140) $ (1,010,390)
Net income (loss) per share:    
Net income (loss) per share basic $ (40.15) $ (101.04)
Net income (loss) per share diluted $ (40.15) $ (101.04)
Weighted average number of common shares outstanding – basic 1,241,624 10,000
Weighted average number of common shares outstanding – diluted 1,241,624 10,000