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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 3,658,664 $ 5,580,431
Restricted cash 2,850,000 1,000,000
Accounts receivable, net 2,782,960 1,263,552
Inventories 7,314,858 4,502,003
Prepaid expenses and other current assets 1,213,753 1,736,145
Total current assets 17,820,235 14,082,131
Property and equipment, net 810,312 1,321,042
Right of use assets – operating leases 36,107 68,600
Intangible assets, net 17,070,954 18,579,986
Goodwill 22,324,588 22,324,588
Loan held-for-investment 2,224,252 2,224,252
Total assets 60,286,448 58,600,599
Current liabilities:    
Accounts payable 2,774,135 2,174,034
Accrued expenses and other current liabilities 6,169,081 2,624,518
Current portion of operating lease liabilities 37,738 43,950
Line of credit 4,425,000 1,850,000
Convertible note payable, net of debt discount of $2,194,744 5,360,256
Total current liabilities 25,992,910 13,919,202
Operating lease liabilities, net of current portion 26,564
Contingent consideration 6,100,000 6,100,000
Deferred tax liabilities 82,104 82,104
Total liabilities 57,558,714 52,789,375
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized and 0 and 0 shares outstanding at September 30, 2023 and December 31, 2022, respectively
Common stock, $0.001 par value, 500,000,000 shares authorized and 4,220,714 and 633,602 shares outstanding at September 30, 2023 and December 31, 2022, respectively 4,221 633
Additional paid-in capital 109,778,726 50,617,631
Accumulated deficit (107,115,737) (44,958,199)
Accumulated other Comprehensive Income 377,033 467,668
Total stockholders’ equity attributable to Eightco Holdings Inc. 3,044,243 6,127,733
Non-controlling interest (316,509) (316,509)
Total stockholders’ equity 2,727,734 5,811,224
Total liabilities and stockholders’ equity 60,286,448 58,600,599
Related Party [Member]    
Current liabilities:    
Line of credit 2,275,000 675,000
Due to Related Parties 7,226,700 7,226,700
Convertible notes payable – related parties, net of debt discount of $2,000,000 and $2,750,000 at September 30, 2023 and December 31, 2022, respectively 25,383,700 24,750,000
Nonrelated Party [Member]    
Current liabilities:    
Line of credit 2,150,000 1,175,000
Convertible notes payable – related parties, net of debt discount of $2,000,000 and $2,750,000 at September 30, 2023 and December 31, 2022, respectively $ 7,911,505