CONVERTIBLE NOTE PAYABLE

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

CONVERTIBLE NOTE PAYABLE

18. CONVERTIBLE NOTE PAYABLE

During 2023, the Company had two senior secured convertible notes outstanding with an accredited investor (the “Note Investor”): a note issued in January 2022 with an original principal amount of $33,333,333 (the “January 2022 Note”) and a note issued in March 2023 with an original principal amount of $5,555,000 (the “March 2023 Note”). Both notes were issued at an original issue discount and included embedded conversion features and detachable warrants, which resulted in the recognition of significant debt discounts and warrant-related expenses in prior periods. The outstanding balance of $3,425,000 as of December 31, 2023 was repaid in full during the year ended December 31, 2024.

For the year ended December 31, 2024, interest expense under convertible notes payable was $277,750, of which $277,750 was related to amortization of the debt discount.

EIGHTCO HOLDINGS INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

For the Years ended December 31, 2025 and 2024