Eightco Holdings Inc. 1Q 2026: Revenue $7.56M, Net income $(76.14M) — 10-Q Summary

Eightco Holdings Inc. reported results for the first quarter of 2026 with revenue of $7.56M, down from $9.91M a year earlier, and a net loss of $(76.14M) compared with a $(2.55M) loss in Q1 2025, driven largely by a $66.5M fair‑value loss on digital assets.Financial HighlightsRevenue was $7.56M for Q1 2026, compared with $9.91M in Q1 2025; YoY change (23.7%).Net income was a loss of $(76.14M) for Q1 2026, compared with a loss of $(2.55M) in Q1 2025; wider loss driven by a $66.5M fair‑value digital asset loss.Business HighlightsRevenue decline: Forever 8 revenue fell 23.7% year‑over‑year to $7.56M, reflecting canceled agreements and reduced order volumes.Channel and model changes: The company exited liquidation‑model and storefront operations and is winding down certain customer relationships to limit losses.Digital asset strategy: After adopting a digital asset treasury (DAT) in September 2025, Eightco deployed ATM proceeds to acquire WLD, ETH and stablecoins as long‑term treasury holdings; the portfolio incurred a significant fair‑value loss in the quarter.Operating costs: SG&A increased sharply to support DAT implementation, advisory, compliance and expanded corporate operations.Liquidity: The company reports near‑cash liquidity (cash, short‑term investments and stablecoins) sufficient to provide more than 12 months of operating runway.Original SEC Filing: Eightco Holdings Inc. [ ORBS ] - 10-Q - May. 15, 2026DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.