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LINES OF CREDIT
3 Months Ended
Mar. 31, 2025
Nonrelated Party [Member]  
Defined Benefit Plan Disclosure [Line Items]  
LINES OF CREDIT

15. LINES OF CREDIT

 

Principal due under the lines of credit was as follows at March 31, 2025 and December 31, 2024:

 

   March 31, 2025   December 31, 2024 
           
Lines of credit 12% - 18%  $6,250,000   $6,850,000 

 

Interest expense under lines of credit was $250,849 and $279,508 for the three months ended March 31, 2025 and 2024, respectively.

 

The lines of credit are collateralized by the inventory of the Company.

 

 

EIGHTCO HOLDINGS INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)