Company: EBZT
Filing Date: 2025-01-27
Form Type: 10-Q
Source: 0001477932-25-000477
Chunk: 20

Company: Everything Blockchain, Inc.
Filing Date: 2025-01-27
Form: 10-Q
Item: Part I, Item 1
Chunk 20
---
Interim Consolidated Financial Statements and Notes to Interim Financial Statements

The accompanying unaudited consolidated interim financial statements have been prepared in accordance with the instructions for Form 10-Q. Therefore, they do not include all information and footnotes necessary for a complete presentation of financial position, results of operations, cash flows, and stockholders’ equity in conformity with generally accepted accounting principles. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature. Operating results for the three and nine months ended October 31, 2024, are not necessarily indicative of the results that can be expected for the year ending January 31, 2025, or any other reporting period. The information included in this Form 10-Q should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended January 31, 2024, filed with the Securities and Exchange Commission (the “SEC”) on May 15, 2024 (the “Annual Report”).

 3Table of Contents

 Everything Blockchain, Inc.Consolidated Balance Sheets(Amounts in thousands, except share and per share data)

ASSETS  As of   October 31,  January 31,    2024  2024    (unaudited) Current assets      Cash $-  $- Assets of discontinued operations  137   456 Total current assets $137  $456 Intangible assets, net  1,096   1,096 Assets of discontinued operations  3,314   20,648 Total assets $4,547  $22,200          LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilities        Accounts payable and accrued expenses $413  $- Reserve for legal settlements  154   154 Liabilities of discontinued operations  3,300   2,308 Total current liabilities $3,867  $2,462 Long-term liabilities        Liabilities of discontinued operations  -   1,132 Total long-term liabilities $-  $1,132 Total liabilities $3,867  $3,594 Stockholders’ equity        Series A Preferred stock, $0