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DUE TO AND FROM FORMER PARENT
12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
DUE TO AND FROM FORMER PARENT

13. DUE TO AND FROM FORMER PARENT

 

As of December 31, 2023 and 2022, due to Former Parent consists of net amounts due to Vinco related to management fees and borrowings for working capital and financing needs of Eightco Holdings Inc. as well as other operating expenses that were paid for on behalf of one to the other. As of December 31, 2023 and 2022, the net amount due to Former Parent was $6,977,193 and $7,226,700, respectively.

 

 

EIGHTCO HOLDINGS INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

For the Years ended December 31, 2023 and 2022