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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 4,374,905 $ 5,580,431
Restricted cash 2,850,000 1,000,000
Accounts receivable, net 1,809,315 1,263,552
Inventories 7,508,143 4,502,003
Prepaid expenses and other current assets 847,551 1,736,145
Total current assets 17,389,914 14,082,131
Property and equipment, net 856,432 1,321,042
Right of use assets – operating leases 46,938 68,600
Intangible assets, net 17,578,491 18,579,986
Goodwill 22,324,588 22,324,588
Loan held-for-investment 2,224,252 2,224,252
Total assets 60,420,615 58,600,599
Current liabilities:    
Accounts payable 2,380,239 2,174,034
Accrued expenses and other current liabilities 5,307,431 2,624,518
Current portion of operating lease liabilities 44,456 43,950
Line of credit 4,025,000 1,850,000
Convertible note payable, net of debt discount of $3,610,750 1,944,250
Due to Related Parties 7,226,700 7,226,700
Total current liabilities 20,928,076 13,919,202
Operating lease liabilities, net of current portion 4,330 26,564
Contingent consideration 6,100,000 6,100,000
Deferred tax liabilities 82,104 82,104
Total liabilities 53,964,589 52,789,375
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized and 1,311 and 0 shares outstanding at June 30, 2023 and December 31, 2022, respectively
Common stock, $0.001 par value, 500,000,000 shares authorized and 2,921,678 and 633,602 shares outstanding at June 30, 2023 and December 31, 2022, respectively 2,922 633
Additional paid-in capital 109,826,900 50,617,631
Accumulated deficit (103,662,587) (44,958,199)
Accumulated other Comprehensive Income 605,300 467,668
Total stockholders’ equity attributable to Eightco Holdings Inc. 6,772,535 6,127,733
Non-controlling interest (316,509) (316,509)
Total stockholders’ equity 6,456,026 5,811,224
Total liabilities and stockholders’ equity 60,420,615 58,600,599
Nonrelated Party [Member]    
Current liabilities:    
Line of credit 1,750,000 1,175,000
Convertible notes payable 1,716,379 7,911,505
Related Party [Member]    
Current liabilities:    
Line of credit 2,275,000 675,000
Convertible notes payable $ 25,133,700 $ 24,750,000