PROPERTY AND EQUIPMENT, NET

3 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

10. PROPERTY AND EQUIPMENT, NET

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

	March 31, 2025			December 31, 2024
Land	$	-		$	-
Building and building improvements		781,985			781,985
Equipment and machinery		4,866,426			4,821,936
Furniture and fixtures		285,032			284,877
Vehicles		585,854			585,854
		6,519,297			6,474,652
Less: accumulated depreciation		(5,872,447	)		(5,834,427	)
Total property and equipment, net		646,850			640,225
Less: property and equipment, net – discontinued operations		(641,271	)		(634,773	)
Property and equipment, net – continuing operations	$	5,579		$	5,452

Depreciation expense was $37,992 and $49,491 for the three months ended March 31, 2025 and 2024, respectively.

EIGHTCO HOLDINGS INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)