Eightco Holdings (ORBS) investor relations material

Executive summary

• Forever 8 remains the sole operating business, providing inventory funding and purchasing for e-commerce retailers after exiting non-core operations and divesting the Corrugated Packaging Business in April 2025.

• The company adopted a Digital Asset Treasury (DAT) Strategy in September 2025, deploying excess liquidity into digital assets such as Worldcoin (WLD), Ethereum (ETH), and stablecoins, and made strategic investments in frontier technology companies including OpenAI and Beast Industries.

• Revenues for Q1 2026 were $7.6M, down 23.7% year-over-year, with a net loss of $76.1M, primarily due to a $66.5M unrealized loss on digital assets and increased SG&A expenses.

• The company raised significant capital through an at-the-market (ATM) equity offering, with proceeds used for digital asset acquisitions and strategic investments.

Financial highlights

• Q1 2026 revenues: $7.6M, down from $9.9M in Q1 2025.

• Gross profit: $215K, down 73.5% year-over-year.

• Net loss: $76.1M, compared to $2.5M in Q1 2025, driven by digital asset fair value losses and higher SG&A.

• Cash and cash equivalents at March 31, 2026: $7.5M; digital assets at fair value: $175.3M; total assets: $340.6M; total liabilities: $18.3M; stockholders' equity: $322.3M.

• Outstanding debt: $9.1M under lines of credit.

Outlook and guidance

• Management expects digital assets to remain a significant part of the long-term capital allocation framework.

• Near-cash liquidity of $115.6M (cash, short-term investments, stablecoins) is expected to fund operations for at least the next 12 months.

• Future liquidity will depend on digital asset market conditions, capital market access, and e-commerce demand.