O
Eightco Holdings Inc.
Period
FY 2025
Revenue
$32.98M
Net Income
$-262.01M
Total Assets
$250.19M
Equity
$232.63M
Shares Out
388.01M
Op. Cash Flow
$-10.97M
Business
Eightco Holdings Inc. operates Forever 8, an e-commerce inventory solutions business providing funding and inventory management services to sellers. The company has strategically shifted toward deploying capital into digital assets, including a significant holding in Worldcoin's circulating supply, and frontier-technology investments in authentication, digital identity, and AI platforms. Eightco divested its corrugated packaging business and currently reports a single operating segment.
Summary from 10-K filed 2026-04-15
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenues, net | 33 | 40 | 68 | 32 | 8 | |
| Cost of revenues | 32 | 34 | 61 | 30 | 6 | |
| Gross profit | 534,329 | 6 | 6 | 2 | 2 | |
| Selling, general and administrative expenses | 24 | 13 | 15 | 16 | 3 | |
| Impairment | 34 | — | — | 1 | — | |
| Restructuring and severance | — | 1 | 2 | 1 | — | |
| Total operating expenses | 58 | 14 | 17 | 18 | — | |
| Operating loss | −57 | −8 | −11 | −16 | −431,292 | |
| Interest expense | −4 | −5 | — | — | — | |
| Gain on divestiture | 1 | — | — | — | — | |
| Gain on forgiveness of earnout | — | 6 | — | — | — | |
| Gain on extinguishment of liabilities | — | 7 | — | — | — | |
| Change in fair value of digital assets | −202 | — | — | — | — | |
| Other income | 275,522 | 107,760 | 104,994 | 173,572 | 481,090 | |
| Total non-operating income (expense) | −205 | 8 | −58 | −32 | 541,212 | |
| Net income (loss) before income tax expense (benefit) | −262 | 154,474 | −69 | −48 | 109,920 | |
| Income tax expense (benefit) | 20,155 | −135,337 | — | −172,997 | 210,000 | |
| Net income (loss) from continuing operations | −262 | 289,811 | −69 | — | — | |
| Net income from discontinued operations, net of tax | 96,679 | 418,716 | 736,701 | — | — | |
| Net income (loss) | −262 | 708,527 | −68 | −47 | −100,080 | |
| Net loss attributable to non-controlling interest | — | −12 | −25 | −187,649 | −128,860 | |
| Net income (loss) attributable to Eightco Holdings Inc. | −262 | 708,539 | −68 | −47 | 28,780 | |
| Net income (loss) per share basic | −4.14 | 0.4 | −23.63 | −150.95 | 143.9 | |
| Net income (loss) per share diluted | −4.14 | 0.36 | −23.63 | −150.95 | — | |
| Weighted average number of common shares outstanding basic | 63 | 2 | — | — | — | |
| Weighted average number of common shares outstanding diluted | 63 | 2 | 3 | 313,072 | — |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 59 | 239,187 | 5 | 6 | 900,000 | |
| Digital assets, at fair value | 176 | — | — | — | — | |
| Accounts receivable, net | 433,823 | 2 | 1 | 1 | 867,027 | |
| Inventories, net | 8 | 8 | 6 | 5 | 110,664 | |
| Prepaid expenses and other current assets | 2 | 1 | 678,015 | 2 | 7 | |
| Current assets of discontinued operations held for sale | — | 2 | 2 | — | — | |
| Total current assets | 245 | 12 | 15 | 14 | 9 | |
| Property and equipment, net | 5,172 | 5,452 | 5,222 | — | — | |
| Intangible assets, net | — | 14 | 16 | — | — | |
| Goodwill | — | 22 | 22 | 22 | — | |
| Other investments | 999,999 | — | — | — | — | |
| Loan held-for-investment | 5 | 2 | 2 | 2 | 4 | |
| Total assets | 250 | 51 | 55 | 59 | 14 | |
| Due to Former Parent | — | 480,000 | — | — | — | |
| Current liabilities of discontinued operations held for sale | — | 107,731 | 115,837 | — | — | |
| Total current liabilities | 18 | 30 | 40 | 14 | 8 | |
| Convertible notes payable | — | 10 | 14 | 25 | — | |
| Total liabilities | 18 | 39 | 60 | 53 | 12 | |
| Preferred stock, $0.001 par value, 10,000,000 shares authorized and 0 shares outstanding at December 31, 2025 and December 31, 2024, respectively | — | — | — | — | — | |
| Common stock, $0.001 par value, 500,000,000 shares authorized and 205,629,592 and 2,479,363 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 205,630 | 2,479 | 941 | 633 | 0 | |
| Additional paid-in capital | 606 | 124 | — | — | — | |
| Accumulated deficit | −375 | −113 | −113 | −45 | 2 | |
| Foreign currency translation | 979,977 | 368,481 | 723,303 | 467,668 | — | |
| Total stockholders equity attributable to Eightco Holdings Inc. | 233 | 12 | −4 | 6 | 2 | |
| Non-controlling interest | −414,514 | −414,514 | −414,502 | −316,509 | −128,860 | |
| Total stockholders equity | 232 | 12 | −4 | 6 | 2 | |
| Total liabilities and stockholders equity | 250 | 51 | 55 | 59 | 14 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 2 | 2 | 3 | 848,933 | 140,765 | |
| Amortization of debt issuance costs | 750,000 | 1 | 8 | 6 | — | |
| Amortization of prepaid share-based compensation | 34,000 | 533,851 | — | — | — | |
| Reserves for obsolescence | 2 | — | — | — | — | |
| Share-based compensation | 10 | 39,937 | −358,937 | 2 | — | |
| Reserves for bad debts | 700,000 | — | — | 608,356 | — | |
| Gain on disposal | −1 | — | 5,897 | — | −475,418 | |
| Gain on extinguishment of liabilities | — | −7 | — | — | — | |
| Accounts receivable | 458,226 | −343,392 | −825,672 | −443,312 | −30,874 | |
| Inventories | −2 | −2 | −1 | 4 | 3,534 | |
| Prepaid expenses and other current assets | −806,114 | −277,105 | 1 | 5 | −7 | |
| Accounts payable | 1 | 130,476 | 360,689 | −25,775 | 132,667 | |
| Accrued expenses and other current liabilities | 704,865 | 5 | 5 | −14 | 206,751 | |
| Deferred taxes | — | −82,104 | — | — | — | |
| Discontinued operations | −129,055 | −219,982 | 109,910 | — | — | |
| Net cash used in operating activities | −11 | −7 | −6 | −17 | −197,159 | |
| Purchases of property and equipment continuing operations | −2,208 | −826 | — | — | — | |
| Purchase of digital assets | −378 | — | — | — | — | |
| Investment in Mythical Games | −999,999 | — | — | — | — | |
| Purchases of property and equipment discontinued operations | −44,490 | −69,272 | — | — | — | |
| Proceeds from sale of assets of Ferguson Containers, Inc. | 307,835 | — | 181,000 | — | — | |
| Repayments under loan held-for-investment | 209,227 | — | — | — | — | |
| Net cash used in investing activities | −379 | −70,098 | −295,150 | 468,419 | −4 | |
| Net proceeds from issuance of common stock | 448 | 3 | 14,798 | 12 | — | |
| Net borrowings under lines of credit | 365,000 | 4 | 5 | — | — | |
| Repayments under convertible notes payable related parties | −289,688 | −126,250 | — | — | — | |
| Repayments under convertible notes payable | — | −5 | — | — | — | |
| Net cash provided by financing activities | 448 | 2 | 6 | 21 | 5 | |
| Net increase in cash and cash equivalents | 58 | −5 | −332,595 | 5 | 734,435 | |
| Cash paid for interest | 2 | 1 | 444,781 | 203 | 47,688 | |
| Cash paid for income taxes | — | — | — | — | — | |
| Convertible shares under notes payable | — | — | 8 | — | — | |
| Issuance of warrants to noteholders and placement agent | — | — | 4 | 4 | — | |
| Original issue discount | — | — | 555,000 | 3 | — | |
| Accrued placement agent fees for equity placement | — | — | — | 480,000 | — | |
| Convertible shares under notes payable related party | — | 99,199 | — | 25 | — | |
| Issuance of common stock to line of credit holders | — | 60,000 | — | 18,805 | — | |
| Issuance of common stock to vendors for future services | — | 480,250 | — | — | — | |
| Issuance of common stock to employees and directors for settlement of liabilities | — | 318,205 | — | — | — | |
| Issuance of common stock to vendors for settlement of liabilities | 143,200 | 105,693 | — | — | — | |
| Issuance of common stock to noteholders for settlement of accrued interest | — | 1 | — | — | — | |
| Issuance of common stock to noteholders for settlement of cash warrant liabilities | — | 206,779 | — | — | — | |
| Shares reserved for future issuance of common stock to debt holders for interest 8 | — | 713,510 | — | — | — | |
| Forgiveness of debt and interest related parties | 23 | 9 | — | — | — | |
| Issuance of common stock for forgiveness of debt and interest related parties | 1 | — | — | — | — |
Filings
Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro
Material Events
Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro
Insiders
Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro
Institutional Holders
Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro
Frequently asked questions
What is Eightco Holdings Inc.'s CIK number?
Eightco Holdings Inc.'s SEC CIK number is 0001892492 (1892492). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Eightco Holdings Inc.'s SEC filings?
All of Eightco Holdings Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.