PROPERTY AND EQUIPMENT, NET

6 Months Ended

Jun. 30, 2025

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

10. PROPERTY AND EQUIPMENT, NET

Property and equipment consist of the following at June 30, 2025 and December 31, 2024:

	June 30, 2025			December 31, 2024
Building and building improvements	$	-		$	781,985
Equipment and machinery		-			4,821,936
Furniture and fixtures		8,418			284,877
Vehicles		-			585,854
		8,418			6,474,652
Less: accumulated depreciation		(853	)		(5,834,427	)
Total property and equipment, net		7,565			640,225
Less: property and equipment, net – discontinued operations		-			(634,773	)
Property and equipment, net – continuing operations	$	7,565		$	5,452

For the three and six months ended June 30, 2025, depreciation expense was $95 and $38,087, respectively. For the three and six months ended June 30, 2024, depreciation expense was $37,992 and $87,481, respectively.

EIGHTCO HOLDINGS INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)