---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-032514"
form_type: "8-K"
ticker: "ORBS"
cik: "0001892492"
company_name: "Eightco Holdings Inc."
filed_at: "2024-08-15T23:59:59+00:00"
generated_at: "2026-05-31T09:06:35.551987+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Eightco Q2 net income $4.4M vs loss $8.9M; revenue falls to $7.0M from $20.5M on restructuring

## Summary
- Q2 net income $4.4M vs net loss ($8.9M) YoY; driven by liability extinguishments and lower warrant losses.
- Revenue $7.0M down 66% from $20.5M due to reduced capital for cell phone sales after convertible note repayment.
- Gross margin improved to 25.3% from 12.3%; SG&A down 26.6% to $3.5M.
- Eliminated $5.4M in convertible notes and 5.8M dilutive shares; $7.4M liability cancellation.
- Adjusted EBITDA loss narrowed to ($0.8M) from ($1.9M) in prior year quarter.

## SEC filing metadata
- accession: 0001493152-24-032514
- form_type: 8-K
- ticker: ORBS
- cik: 0001892492
- company_name: Eightco Holdings Inc.
- filed_at: 2024-08-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892492/000149315224032514/0001493152-24-032514-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892492/000149315224032514/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-032514
- JSON: https://secwatch.observer/filing/0001493152-24-032514.json
- Plain text: https://secwatch.observer/filing/0001493152-24-032514.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.