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LINES OF CREDIT
9 Months Ended
Sep. 30, 2025
Nonrelated Party [Member]  
Defined Benefit Plan Disclosure [Line Items]  
LINES OF CREDIT

15. LINES OF CREDIT

 

Principal due under the lines of credit was as follows at September 30, 2025 and December 31, 2024:

 

   September 30, 2025   December 31, 2024 
         
Lines of credit 12% - 18%  $6,855,000   $6,850,000 

 

For the three and nine months ended September 30, 2025, interest expense under lines of credit was $277,436 and $767,507, respectively. For the three and nine months ended September 30, 2024, interest expense under lines of credit was $178,951 and $486,171, respectively.

 

The lines of credit are collateralized by the inventory of the Company.

 

 

EIGHTCO HOLDINGS INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)