SEGMENT REPORTING

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

SEGMENT REPORTING

23. SEGMENT REPORTING

The Company follows ASC 280, Segment Reporting, and determines its reportable segments based on the internal financial information reviewed by the Chief Executive Officer, who serves as the Company’s Chief Operating Decision Maker (“CODM”). The CODM evaluates the business on a consolidated basis for purposes of assessing performance, making operating decisions, allocating resources, and planning for future periods.

Historically, the Company operated two reportable segments: (i) Forever 8, its Inventory Management Solutions business, and (ii) the Corrugated Packaging Business. On April 7, 2025, the Company completed the sale of the assets comprising the Corrugated Packaging Business. Following the divestiture, the Company operates as one business segment, consistent with how the CODM evaluates financial performance and manages resources.

On September 8, 2025, the Company initiated digital asset treasury management activities (“DAT Strategy”) as part of its broader corporate strategy to diversify its cash and liquidity management. These digital asset activities do not constitute a separate operating segment under ASC 280 because:

● They are not managed as a distinct business unit.

● No discrete financial information is prepared or reviewed by the CODM for purposes of performance assessment.

● The CODM reviews digital asset activity only as part of consolidated corporate treasury management.

Accordingly, digital asset treasury management activities are included within Corporate and do not represent a separate operating or reportable segment.

The Company therefore reports as one operating and reportable segment:

● Forever 8 (Inventory Management Solutions) — the Company’s sole revenue-generating business.

Corporate-level functions consisting primarily of centralized finance, treasury (including DAT-related activities), stock-based compensation, board costs, public company costs, interest expense, income taxes, and other non-operating items are not allocated to the Forever 8 segment. The CODM reviews Forever 8 working capital and operating assets to assess performance. Corporate assets include digital asset holdings, cash not used in Forever 8, goodwill, and other long-term corporate assets, none of which are allocated to operating segments. Segment assets reviewed by the CODM primarily include working capital assets for the Company’s operating business. Digital asset balances are monitored as part of corporate treasury and are not allocated to a segment.

The Company had no intersegment revenues during the periods presented. Segment information is presented in accordance with the manner in which the CODM internally evaluates operating performance and allocates resources.

EIGHTCO HOLDINGS INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

For the Years ended December 31, 2025 and 2024

23. SEGMENT REPORTING (continued)

Segment information available with respect to these reportable business segments for the year ended December 31, 2025 and 2024 was as follows:

	For the Years Ended December 31,
	2025			2024
Revenues:
Inventory Management Solutions	$	32,981,126		$	39,621,272
Corrugated Packaging (Discontinued Operations)		1,773,929			6,823,277
Total segment and consolidated revenues	$	34,755,055		$	46,444,549
Cost of revenues:
Inventory Management Solutions	$	32,446,797		$	33,639,274
Corrugated Packaging (Discontinued Operations)		1,276,685			4,980,338
Total segment and consolidated cost of revenues	$	33,723,482		$	38,619,612
Gross profit:
Inventory Management Solutions	$	534,329		$	5,981,998
Corrugated Packaging (Discontinued Operations)		497,244			1,842,939
Total segment and consolidated gross profit	$	1,031,573		$	7,824,937
Income from operations:
Inventory Management Solutions	$	(40,642,348	)	$	(2,753,757	)
Corrugated Packaging (Discontinued Operations)		104,231			402,975
Corporate		(16,572,201	)		(6,368,802	)
Total segment and consolidated income from operations	$	(57,110,318	)	$	(8,719,584	)
Depreciation and amortization:
Inventory Management Solutions	$	2,298,572		$	2,280,836
Corrugated Packaging (Discontinued Operations)		37,992			173,836
Total segment and consolidated depreciation and amortization	$	2,336,564		$	2,454,672
Revenues by geography:
North America	$	4,354,360		$	13,309,349
Europe		30,400,695			33,135,200
Total geography and consolidated revenues	$	34,755,055		$	46,444,549
Segment capital expenditures:
Inventory Management Solutions	$	2,208		$	826
Corrugated Packaging (Discontinued Operations)		44,490			69,272
Corporate		-			-
Total segment and consolidated capital expenditures	$	46,698		$	70,098
Segment total assets:
Inventory Management Solutions	$	10,113,361		$	46,533,449
Corrugated Packaging (Discontinued Operations)		1,862,455			1,798,239
Corporate		238,217,308			2,516,667
Total segment and consolidated assets	$	250,193,124		$	50,848,355

EIGHTCO HOLDINGS INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

For the Years ended December 31, 2025 and 2024