XML 34 R24.htm IDEA: XBRL DOCUMENT v3.26.1
LINES OF CREDIT – RELATED PARTIES
3 Months Ended
Mar. 31, 2026
Related Party [Member]  
Defined Benefit Plan Disclosure [Line Items]  
LINES OF CREDIT – RELATED PARTIES

15. LINES OF CREDIT – RELATED PARTIES

 

Principal due under the lines of credit – related parties was as follows at March 31, 2026 and December 31, 2025:

 

  

March 31, 2026

  

December 31, 2025

 
           
Lines of credit, 12%-18%  $400,000   $2,590,000 

 

For the three months ended March 31, 2026 and 2025, interest expense under lines of credit – related parties was $14,795 and $134,075, respectively.

 

The lines of credit – related parties are collateralized by the inventory of the Company.

 

 

EIGHTCO HOLDINGS INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)