DUE TO AND FROM FORMER PARENT

3 Months Ended

Mar. 31, 2024

Related Party Transactions [Abstract]

DUE TO AND FROM FORMER PARENT

13. DUE TO AND FROM FORMER PARENT

As of March 31, 2024 and December 31, 2023, the amount due to Vinco consists of net amounts related to management fees and borrowings for working capital and financing needs of Eightco as well as other operating expenses that were paid for on behalf of one to the other. As of March 31, 2024 and December 31, 2023, the net amount due to Former Parent was $6,977,193.