XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 434,427 $ 239,187
Accounts receivable, net 614,020 1,592,049
Inventories, net 6,166,917 7,834,351
Prepaid expenses and other current assets 747,905 1,002,023
Current assets of discontinued operations held for sale 1,862,455 1,798,239
Total current assets 9,825,724 12,465,849
Property and equipment, net 5,579 5,452
Intangible assets, net 13,253,572 13,828,214
Goodwill 22,324,588 22,324,588
Loan held-for-investment 2,224,252 2,224,252
Total assets 47,633,715 50,848,355
Current liabilities:    
Accrued expenses and other current liabilities 2,482,275 2,936,580
Due to Former Parent 222,409 480,000
Current liabilities of discontinued operations held for sale 36,394 107,731
Total current liabilities 28,726,911 29,811,260
Convertible notes payable 9,611,218 9,521,155
Total liabilities 38,338,129 39,332,415
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized and 0 shares outstanding at March 31, 2025 and December 31, 2024, respectively
Common stock, $0.001 par value, 500,000,000 shares authorized and 3,044,744 and 2,479,363 shares outstanding at March 31, 2025 and December 31, 2024, respectively 3,045 2,479
Additional paid-in capital 124,272,178 124,129,543
Accumulated deficit (115,118,774) (112,570,049)
Foreign currency translation 553,651 368,481
Total stockholders’ attributable to Eightco Holdings Inc. 9,710,100 11,930,454
Non-controlling interest (414,514) (414,514)
Total stockholders’ equity 9,295,586 11,515,940
Total liabilities and stockholders’ equity 47,633,715 50,848,355
Nonrelated Party [Member]    
Current liabilities:    
Accounts payable 1,730,598 2,061,265
Accrued expenses and other current liabilities 2,482,275 2,936,580
Line of credit 6,250,000 6,850,000
Convertible notes payable
Related Party [Member]    
Current liabilities:    
Accounts payable 180,000 300,000
Accrued expenses and other current liabilities 2,800,235 2,050,684
Convertible notes payable – related parties, net 11,500,000 11,500,000
Line of credit 3,525,000 3,525,000
Convertible notes payable $ 9,611,218 $ 9,521,155