Company: EBZT
Filing Date: 2025-01-27
Form Type: 10-Q
Source: 0001477932-25-000477
Chunk: 38

Company: Everything Blockchain, Inc.
Filing Date: 2025-01-27
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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’s Public Reference Room located at 100 F Street, N.E., Washington, D.C. 20549. The public may also obtain additional information on the operation of the Public Reference Room by calling the Commission at 1-800-SEC-0330.

Critical Accounting Policies and Estimates

Our discussion and analysis of our financial condition and results of operations are based upon our financial statements, which have been prepared in accordance with GAAP. The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues, and expenses. On an ongoing basis, we evaluate our estimates, including those related to uncollectible receivables, inventory valuation, deferred compensation, and contingencies. 

We base our estimates on historical performance and on various other assumptions that we believe to be reasonable under the circumstances. These estimates allow us to make judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. If actual results or events differ materially from those contemplated by us in making these estimates, our reported financial condition, and results of operations for future periods could be materially affected. 

Results of Operations 

Our operating results for the three and nine months ended October 31, 2024 and 2023 are summarized as follows (in thousands):

  For the Three Months Ended  For the Nine Months Ended   October 31,   October 31,   2024  2023  2024  2023   (unaudited) Revenue  $-  $-  $-  $- Cost of sales  -   -   -   - Gross profit  -   -   -   - Selling, general, and administrative  -   -   -   - Stock based compensation  -   -   -   - Depreciation and amortization  -   -   -   - Total operating expenses  -   -   -   - Loss from operations  -   -   -   - 

Revenue

Revenue for the three and nine months ended October 31, 2024 and 2023 was $0.0 and  $0.0 million. 

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Operating Expenses

All operating expenses were reassigned to discontinued operations.

Loss from Operations

Loss from operations for the