UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                 --------------

                                   FORM 10-QSB

     [ X ] QUARTERLY  REPORT  PURSUANT TO SECTION 13 OR 15(d) OF THE  SECURITIES
EXCHANGE ACT OF 1934

     For the period ended January 31, 2002

     [  ] TRANSITION  REPORT  PURSUANT TO SECTION 13 OR 15(d) OF THE  SECURITIES
EXCHANGE ACT OF 1934

                         Commission File Number 0-23903

                              EAUTOCLAIMS.COM, INC.
                              --------------------
               (Exact name of registrant as specified in charter)


             Nevada                               95-4583945
             ------                               ----------
  (State or other jurisdiction                  (IRS Employer
of incorporation or organization)             Identification No.)


2708 Alt. 19 N., Suite 604, Palm Harbor, Florida                 34683
------------------------------------------------                 -----
  (Address of principal executive offices)                     (Zip Code)

     Registrant's telephone Number, including area code: (727) 781-0414

Securities registered pursuant to Section 12(b) of the Exchange Act: None

     Check  whether  the issuer (1) filed all  reports  required  to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing requirements for the past 90 days.

     [ X ] Yes  [   ] No

     The number of shares  outstanding of the Issuer's  Common Stock,  $.001 Par
Value, as of January 31, 2002 was 13,867,606.

     Transitional Small Business Disclosure Format:

     [   ] Yes  [ X ] No

<PAGE>




                                            EAUTOCLAIMS.COM, INC. AND SUBSIDIARY


                                                            INDEX TO FORM 10-QSB
--------------------------------------------------------------------------------









                                     PART I

                              FINANCIAL INFORMATION

Item 1.  Consolidated Financial Statements                                  2

   Balance Sheets                                                           3
   Statements of Operations                                                 4
   Statement of Stockholders Equity (Deficiency)                            5
   Statements of Cash Flows                                                 6
   Notes to Consolidated Financial Statements                               7

Item 2.  Management's Discussion and Analysis of
 Financial Condition and Results of Operations                              9

                                     PART II

                                OTHER INFORMATION

Item 1.  Legal Proceedings                                                  14

Item 2.  Changes in Securities                                              14

Item 5.  Other Information                                                  15

Item 6.  Exhibits and Reports on Form 8-K                                   15

Signatures                                                                  15


<PAGE>

                                            EAUTOCLAIMS.COM, INC. AND SUBSIDIARY

                                     PART I

                              FINANCIAL INFORMATION

ITEM 1.        FINANCIAL STATEMENTS.

The consolidated financial statements of eAutoclaims.com,  Inc. and Subsidiaries
(collectively  the  "Company")  included  herein were  prepared,  without audit,
pursuant to rules and  regulations of the  Securities  and Exchange  Commission.
Because certain information and notes normally included in financial  statements
prepared in  accordance  with  generally  accepted  accounting  principles  were
condensed or omitted  pursuant to such rules and  regulations,  these  financial
statements should be read in conjunction with the financial statements and notes
thereto included in the audited financial  statements of the Company as included
in the Company's Form 10-KSB for the year ended July 31, 2001.

                                       2
<PAGE>

<TABLE>
<CAPTION>
                                                                                 EAUTOCLAIMS.COM, INC. AND SUBSIDIARY

                                                                                           CONSOLIDATED BALANCE SHEET
---------------------------------------------------------------------------------------------------------------------

                                                                               January 31, 2002         July 31, 2001
                                                                                  (unaudited)
---------------------------------------------------------------------------------------------------------------------
ASSETS

<S>                                                                             <C>                 <C>
Current Assets:
  Cash                                                                           $   506,482          $   485,092
  Accounts receivable, less allowance for doubtful accounts
    of $60,000                                                                       832,971            1,208,409
  Due from related parties                                                           176,654              154,853
  Prepaid expenses and other current assets                                          138,781              126,693
---------------------------------------------------------------------------------------------------------------------
         Total current assets                                                      1,654,888            1,975,047
Property and Equipment, net of accumulated depreciation
   of $351,814 and $231,920, respectively                                            774,978              545,015

Goodwill, net of accumulated amortization
    of $350,423 and $241,037, respectively                                         1,203,229            1,312,615

Other Assets                                                                         402,025              365,000

Deferred Income Tax Asset, net of valuation
   allowance of $4,709,000 and $4,171,000 respectively                                     -                    -
---------------------------------------------------------------------------------------------------------------------
         Total Assets                                                            $ 4,035,120          $ 4,197,677
=====================================================================================================================

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)

Current Liabilities:
   Accounts payable and accrued expenses                                           4,062,922          $ 3,074,653
   Deferred software subscription revenue                                            158,609              111,670
   Convertible debentures, net of unamortized discount of $555,551
      as of July 31, 2001                                                                                  94,449
   Loans payable - stockholders                                                      135,000              179,000
---------------------------------------------------------------------------------------------------------------------
         Total current liabilities                                                 4,356,531            3,459,772



Stockholders' Equity (Deficiency):
  Convertible  preferred stock - $.001 par value;  authorized  5,000,000 shares,
   520 shares issued and 478 shares and 520 shares outstanding, respectively
   aggregate liquidation preference of $2,390,000 and $2,600,000, respectively             1                    1
  Common stock - $.001 par value; authorized 50,000,000 shares, issued
   and outstanding 13,867,606 shares and 11,711,877 shares respectively               13,868               11,712
  Additional paid-in capital                                                      17,343,294           16,051,679
  Accumulated deficit                                                            (17,678,574)         (15,325,487)
---------------------------------------------------------------------------------------------------------------------
         Stockholders' equity (deficiency)                                          (321,411)             737,905
---------------------------------------------------------------------------------------------------------------------
         Total Liabilities and Stockholders' Equity (Deficiency)                 $ 4,035,120          $ 4,197,677
=====================================================================================================================
</TABLE>

See Notes to Consolidated Financial Statements

                                       3
<PAGE>

<TABLE>
<CAPTION>

                                                                                    EAUTOCLAIMS.COM, INC. AND SUBSIDIARY

                                                                                    CONSOLIDATED STATEMENT OF OPERATIONS
------------------------------------------------------------------------------------------------------------------------
                                                  Three-month       Three-month          Six-month          Six-month
                                                 Period Ended      Period Ended        Period Ended       Period Ended
                                              January 31, 2002   January 31, 2001    January 31, 2002   January 31, 2001
------------------------------------------------------------------------------------------------------------------------
                                                  (unaudited)       (unaudited)         (unaudited)        (unaudited)
<S>                                            <C>                <C>                 <C>              <C>
Revenue:
  Collision repairs management                   $ 7,487,381        $ 4,071,128         $14,111,536       $ 5,383,024
  Glass repairs                                      174,057            426,106             600,106           969,788
  Fleet repairs management                           407,176            293,741             728,650           528,665
  Fees and other revenue                             412,480            143,881             731,723           272,646
------------------------------------------------------------------------------------------------------------------------
Total revenue                                      8,481,094          4,934,856          16,172,015         7,154,123
------------------------------------------------------------------------------------------------------------------------

Expenses:
  Claims processing charges                        7,198,805          4,087,769          13,692,647         5,857,511
  Selling, general and administrative              1,672,842          1,387,204           3,541,333         2,735,700
  Depreciation and amortization                      117,915             96,222             229,280           187,304
  Amortization of beneficial conversion
  feature on convertible debentures and fair
  value of warrants issued in
  connection with debentures                               -                  -             555,551                 -
------------------------------------------------------------------------------------------------------------------------
Total expenses                                     8,989,562          5,571,195          18,018,811         8,780,515
------------------------------------------------------------------------------------------------------------------------
Net loss                                          $ (508,468)       $  (636,339)        $(1,846,796)     $ (1,626,392)
========================================================================================================================

Adjustments to net loss to
compute loss per common share:
          Preferred stock dividends                  (45,862)           (30,685)            (98,291)          (46,838)
          Deduction relating to Series A
          Convertible Preferred Stock                      -         (1,713,908)           (408,000)       (3,490,234)

------------------------------------------------------------------------------------------------------------------------
Net loss applicable to common stock              $  (554,330)       $(2,380,932)        $(2,353,087)     $ (5,163,464)
========================================================================================================================
Loss per common share - basic and diluted        $     (0.04)       $     (0.21)        $     (0.18)     $      (0.46)
========================================================================================================================

Weighted-average number of common shares
 outstanding - basic and di1uted                  13,280,782         11,193,181          12,769,285        11,163,128
========================================================================================================================
</TABLE>

See Notes to Consolidated Financial Statements

                                       4
<PAGE>

<TABLE>
<CAPTION>

                                                                                                EAUTOCLAIMS.COM, INC. AND SUBSIDIARY

                                                                         CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIENCY)
------------------------------------------------------------------------------------------------------------------------------------
Six month period ended January 31, 2002
---------------------------------------
                                                                                       Additional                    Stockholders'
                                              Preferred Stock        Common Stock       Paid-in       Accumulated       Equity
                                            Shares      Amount    Shares      Amount    Capital         Deficit      (Deficiency)
------------------------------------------------------------------------------------------------------------------------------------

<S>                                       <C>         <C>    <C>           <C>       <C>           <C>                <C>
Balance at July 31, 2001                        520      $ 1   11,711,877    $ 11,712  $ 16,051,679  $ (15,325,487)     $ 737,905

Issuance of common stock
upon exercise of options                                          323,000         323         2,907                         3,230

Issuance of common stock
for amounts due to shareholders                                    91,667          92        43,908                        44,000

Issuance of common stock
for services                                                      137,523         138        65,102                        65,240

Issuance of common stock
upon conversion of debentures                                     942,855         943       649,057                       650,000

Issuance of common stock
in conjunction with lease                                          97,927          98        92,933                        93,031

Issuance of common stock
for interest on debentures                                         11,128          11         4,440                         4,451

Issuance of common stock
upon conversion of preferred stock              (42)              491,229         491          (491)                            -

Issuance of common stock
for dividends payable                                              60,400          60        25,759                        25,819

Recognition of beneficial
conversion feature on preferred stock                                                       408,000       (408,000)             -

Accrued dividends on preferred stock                                                                       (98,291)       (98,291)

Net loss                                                                                                (1,846,796)    (1,846,796)

------------------------------------------------------------------------------------------------------------------------------------
Balance at January 31, 2002                    478       $ 1   13,867,606    $ 13,868  $ 17,343,294  $ (17,678,574)    $ (321,411)
====================================================================================================================================
</TABLE>


See Notes to Consolidated Financial Statements

                                       5
<PAGE>

<TABLE>
<CAPTION>

                                                                              EAUTOCLAIMS.COM, INC. AND SUBSIDIARY

                                                                              CONSOLIDATED STATEMENT OF CASH FLOWS
-------------------------------------------------------------------------------------------------------------------
                                                                                     Six-month         Six-month
                                                                                   Period Ended      Period Ended
                                                                                 January 31, 2002  January 31, 2001
-------------------------------------------------------------------------------------------------------------------

<S>                                                                            <C>                   <C>
Cash flows from operating activities:
  Net loss                                                                      $ (1,846,796)         $ (1,626,392)
  Adjustments to reconcile net loss to net cash used in operating activities:
    Depreciation and amortization                                                    229,280               187,304
    Amortization of discount on debentures                                           555,551
    Common stock issued for services                                                  65,240               212,293
    Common stock issued for interest                                                   4,451
    Common stock issued for rent and option to purchase facility                      43,659
    Increase in allowance for doubtful accounts                                                             30,000
    Changes in operating assets and liabilities net of acquisition:
      Increase  (decrease) in accounts receivable                                    375,438              (631,495)
      (Increase) decrease in due from related parties                                (21,801)               43,817
      Decrease in prepaid expenses and other current assets                           37,284                48,183
      Increase in other assets                                                       (37,025)              (12,741)
      Increase in accounts payable and accrued expenses                              915,797             1,570,270
      Increase in deferred software subscription revenue                              46,939
-------------------------------------------------------------------------------------------------------------------
           Net cash provided by (used in) operating activities                       368,017              (178,761)
-------------------------------------------------------------------------------------------------------------------

Cash flows from investing activity:
  Purchases of property and equipment                                               (349,857)             (239,400)
-------------------------------------------------------------------------------------------------------------------
           Cash used in investing activity                                          (349,857)             (239,400)
-------------------------------------------------------------------------------------------------------------------

Cash flows from financing activities:
  Net proceeds from issuance of preferred stock                                                          1,099,944
  Proceeds from stock options                                                          3,230                   740
  Principal payments on stockholder loans                                                                 (107,200)
-------------------------------------------------------------------------------------------------------------------
           Cash provided by financing activities                                       3,230               993,484
-------------------------------------------------------------------------------------------------------------------
Net increase in cash                                                                  21,390               575,323

Cash at beginning of period                                                          485,092               239,979
-------------------------------------------------------------------------------------------------------------------

Cash  at end of period                                                          $    506,482          $    815,302
===================================================================================================================


Supplemental disclosure of cash flow information:

  Cash paid during the period for interest                                      $     13,701          $      9,236
===================================================================================================================


Supplemental disclosure of noncash investing and financing activities:
===================================================================================================================
  Receivable in connection with preferred stock                                                       $    250,000
===================================================================================================================
  Conversion of debentures to common stock                                      $    650,000
===================================================================================================================
  Issuance of common stock for amount due to shareholders                       $     44,000
===================================================================================================================
  Issuance of common stock for payment of rent and purchase option              $     49,373
===================================================================================================================
  Issuance of common stock for preferred stock dividends                        $     25,819
===================================================================================================================
</TABLE>

See Notes to Consolidated Financial Statements

                                       6
<PAGE>

                                            EAUTOCLAIMS.COM, INC. AND SUBSIDIARY

                                      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
--------------------------------------------------------------------------------

Note 1 - Basis of presentation
------------------------------

The  accompanying   unaudited  consolidated  financial  statements  contain  all
adjustments (consisting only of those of a normal recurring nature) necessary to
present fairly the financial position of  eAutoclaims.com,  Inc. and it's wholly
owned  subsidiary as of January 31, 2002 and its results of  operations  and its
cash flows for the  six-month  periods  ended  January 31, 2002 and 2001 and the
results of  operations  for the  three-month  periods ended January 31, 2002 and
2001.  Results of operations for the six and  three-month  periods ended January
31, 2002 are not necessarily  indicative of the results that may be expected for
the year ending July 31, 2002.

The Company derives revenue primarily from collision repairs,  glass repairs and
fleet repairs.  Revenue is recognized when an agreement  between the Company and
its customer  exists,  the repair  services have been  completed,  the Company's
revenue is fixed and determinable and collection is reasonably assured.

The Company records revenue gross when the Company is the primary obligor in its
arrangements,  the  Company  has  latitude in  establishing  price,  the Company
controls what services are provided and where the services will take place,  the
Company has  discretion  in supplier  selection,  the Company is involved in the
determination  of product or service  specifications  and the Company has credit
risk. The Company records revenue net when situations occur whereby the supplier
(not the  Company)  is the  primary  obligor in an  arrangement,  the amount the
Company earns is fixed or the supplier (and not the Company) has credit risk.


Note 2 - Per share calculations
-------------------------------

Basic loss per share is  computed  as net loss  divided by the  weighted-average
number of common shares outstanding for the period. Potential common shares have
not  been  included  in  diluted  loss  per  share  since  the  effect  would be
anti-dilutive.

Note 3 - Equity Transactions
----------------------------

On July 31, 2001, 100 shares of preferred stock were redeemable at the Company's
option at 120% of face value,  plus accrued  dividends by August 15, 2001. Since
the Company did not redeem the preferred  stock,  its terms became  identical to
the Company's other preferred stock. An increase to accumulated  deficit and the
net loss available to common  shareholders  of $100,000 was recorded  during the
year ended July 31, 2001 and $408,000  has been  recorded  during the  six-month
period ended January 31, 2002 representing the beneficial conversion feature.

On September 20, 2001, two  shareholders  and officers of the Company  converted
$44,000 of debt owed to them by the Company into 91,667 shares of common stock.

During the six-month  period ended January 31, 2002 $650,000 of debentures which
were  issued  in June and July of 2001 were  converted  into  942,855  shares of
common stock in accordance with the debenture agreements.  In addition,  accrued
interest of  approximately  $4,000 on those  debentures  was converted to 11,128
shares of common stock.  During the six-month  period ended January 31, 2002 the
Company  charged  operations  $389,400,  representing  the  amortization  of the
beneficial  conversion  feature  attributable  to the  debentures  and  $166,151
representing the amortization of the fair value of the warrants  attached to the
debentures.

                                       7
<PAGE>


During the six-month  period ended January 31, 2002, the Company entered into an
agreement for the lease of a new office facility that called for the issuance of
97,927  shares of common  stock for the first three  months rent and a five year
purchase option of the property at a pre-established price. During the six-month
period ended January 31, 2002,  $43,659 was charged to operations  for the stock
issued relating to the purchase option. The $49,372 associated with the rent was
recorded as prepaid rent and will be charged to  operations  as the rent expense
is incurred.

During the six-month  period ended January 31, 2002,  the Company issued 120,035
shares of common stock in exchange for $55,240 of legal services.

During  the  six-month  period  ended  January  31,  2002,  the  Company  issued
additional  options to employees and members of the Company's Board of Directors
to purchase  506,000  shares of common  stock where the  exercise  prices of the
options  are equal to or greater  than the fair  market  value of the  Company's
common  stock on the date of each  grant.  Additionally,  during  the  six-month
period ended January 31, 2002 options to purchase 157,950 shares of common stock
issued to former  employees  were  canceled.  During the six-month  period ended
January  31,  2002  options  to  purchase  323,000  shares of common  stock were
exercised.

During the six-month  period ended January 31, 2002,  the Company  issued 17,488
shares of common stock to four  directors in exchange  for their  services.  The
Company charged operations $10,000,  which was equal to the fair market value of
the shares when earned.

On October 1, 2001 the Company  entered into a contract with a public  relations
consultant for services.  This agreement  calls for the Company to issue options
to  purchase  21,429  shares of common  stock,  which were issued on November 1,
2001.

On January 31, 2002, 42 shares of preferred stock with a face value of $210,000,
plus  dividends of  approximately  $26,000 were converted into 551,629 shares of
common stock.


Note 4 - Additional information
-------------------------------

The Company's  records and the records of its transfer agent differ with respect
to the number of outstanding shares of the Company's common stock.  According to
the  transfer  agent,  the  number  of shares of  common  stock  outstanding  is
approximately  31,500  shares  greater  than  the  13,867,606  indicated  by the
Company's  records.  The Company believes that its records are correct and is in
the  process of  resolving  this  difference.  The number of shares  outstanding
reflected in the Company's  financial  statements do not include these shares or
any adjustment that might be necessary to resolve this difference.

                                       8
<PAGE>


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The  statements  contained  in this Report on Form  10-QSB,  that are not purely
historical, are forward-looking information and statements within the meaning of
Section 27A of the  Securities  Act of 1933 and  Section  21E of the  Securities
Exchange Act of 1934.  These  include  statements  regarding  our  expectations,
intentions,   or  strategies   regarding  future  matters.  All  forward-looking
statements included in this document are based on information available to us on
the date hereof.  It is important to note that our actual  results  could differ
materially from those projected in such forward-looking  statements contained in
this Form 10-QSB. The forward-looking  statements  contained herein are based on
current expectations that involve numerous risks and uncertainties.  Assumptions
relating to the foregoing involve judgments  regarding,  among other things, our
ability to secure  financing  or  investment  for capital  expenditures,  future
economic and competitive market conditions,  and future business decisions.  All
these  matters are difficult or  impossible  to predict  accurately  and many of
which may be beyond  our  control.  Although  we  believe  that the  assumptions
underlying our forward-looking statements are reasonable, any of the assumptions
could  be  inaccurate  and,  therefore,  there  can  be no  assurance  that  the
forward-looking  statements  included  in this  form  10-QSB  will  prove  to be
accurate.


GENERAL

We  provide  Internet  based  collision  claims   administration   services  for
automobile insurance companies.  Our business strategy is to use the Internet to
streamline  and lower the  overall  costs of  automobile  repairs and the claims
adjustment  expenses of our clients.  We believe that our proprietary  web-based
software  products and services make the  management  of collision  repairs more
efficient by facilitating the gathering and distribution of information required
in the automobile repair process.

eAutoclaims  controls  the vehicle  repair  process  from the  reporting  of the
accident  through  the  satisfactory  repair of damage.  We bring  together  and
coordinate the activities of the insurance company, its insured, and the various
parties involved in evaluating a claim,  negotiating the cost of the repair, and
performing  necessary repair  services.  We have contracted with over 3,200 body
shops throughout the United States to repair vehicles.  These shops, referred to
as our "provider  network," provide us 10% to 15% discount on the vehicle repair
because of the volume of repairs we provide to them. Because we audit every line
of every repair  estimate and because we share a portion of the volume  discount
with our  customer,  we are able to lower the  average  cost  being  paid by our
customer.

We are in the process of rolling out our latest product, eJusterSuite.  This new
product expands our potential customer base as well as provides  significant new
features  to our  current  customer  base.  Our  long-standing  Bricks-to-Clicks
product is solely an outsourcing solution that requires eAuto personnel to audit
and coordinate the vehicle repair. The new eJusterSuite  product allows both the
outsourcing  solution and a true  application  service  provider  (ASP) solution
whereby  the  insurance  company  can  use  our  technology  independent  of our
personnel.  The ASP  solution  allows us to market our  product  to the  largest
insurance  companies  that  already  have the staff to process  and  control the
claims process,  while paying us a fee for every transaction that is run through
our system.  The ASP model will provide margin without the associated  personnel
and operating costs.

eJusterSuite  also provides  significant  new features to our current  customers
because it builds in service  partners that can provide the needed services such
as Independent adjustors, car rentals, tow trucks and accident reporting by only
clicking an Icon that is added to the screen of the  customer's  desk top in the
current  system.  The system  automatically  provides  the  service  partner the
information  already in our system via the  Internet.  The service  partner will
systematically  provided  the  requested  services  and  pay us a fee  for  each
assignment they receive through our system. This process  significantly  reduces
the customers'  time and cost to process claims as well as reduces the number of
mistakes that occur in a manual process.  In most cases it also reduces the cost

                                       9
<PAGE>

of the service partner to obtain and process the transaction,  even after paying
our transaction fee. This added revenue will provide  additional  margin without
the additional  personnel and operating  costs.  As of January 31, 2002 only one
type of service partner,  independent  adjustors,  was fully integrated into our
system. The associated click fees for independent adjustors generated $73,665 of
revenue for the quarter  ended  January 31, 2002,  which is included in fees and
other revenue on the consolidated statements of operation.

For our outsourcing customers,  we approve all repair shops for inclusion in our
network and determine which repair shop will ultimately perform the repairs.  We
receive a discount,  ranging from 10% to 15%,  from repair  facilities  that are
members of our provider network.  The revenues generated from the vehicle repair
facilities  through our provider network accounts for 95% and 96% of the revenue
for the three-months and six-months ended January 31, 2002, respectively. We are
paid on a per claims basis from our insurance  and fleet  company  customers for
each claim that we process  through our system.  These fees vary from $10 to $60
per claim depending upon the level of service required.  For the three-month and
six month  periods  ended  January 31,  2002,  5% and 4%,  respectively,  of the
revenue has been received from claims processing fees and other income.


RESULTS OF OPERATIONS

FOR THE SIX AND  THREE-MONTHS  ENDED  JANUARY 31,  2002  COMPARED TO THE SIX AND
THREE-MONTHS ENDED JANUARY 31, 2001.

REVENUE

Total revenue for the six-months ended January 31, 2002 was $16.2 million, which
is a 126%  increase in excess of the $7.2 million of revenue for the  six-months
ended  January 31, 2001.  Total revenue for the  three-months  ended January 31,
2002 was $8.5 million.  This  represents a 72% increase over the $4.9 million of
revenue for three-months  ended January 31, 2001, and a 10% increase in over the
$7.7  million of revenue  for the  three-months  ended  October 31,  2001.  This
increase in revenues from both the six and  three-month  increases are primarily
the  result of growth  in  revenues  attributed  to our core  collision  repairs
management business and the associated fees. Collision repair management revenue
increased  162% and 84% for the six and  three-months  ended  January  31,  2002
compared to the six and three-months ended January 31, 2001, respectively.  Fees
and other revenue  increased  168% and 187% for the six and  three-months  ended
January 31, 2002  compared to the six and  three-months  ended January 31, 2001,
respectively.  Glass  repairs  revenue  decreased  38%  and  59% for the six and
three-months  ended January 31, 2002 compared to the six and three-months  ended
January 31, 2001,  respectively.  This  decrease is a result of the maturing and
increased competition for the glass repair business. We have recently negotiated
lower  pricing  from  one of our  larger  glass  vendors,  which  will  help our
competitiveness in this market.  The glass repair business  complements our core
business and allows our  customers  to use a single  source for all their repair
needs.

During the six and  three-months  ended January 31, 2002, we derived 54% and 63%
of our revenues from one customer,  respectively.  This one customer, with which
we have a five-year  contract,  is ranked in the top 25 automobile  property and
casualty  insurance  companies in revenue in the United States. We also have one
customer  that  accounted  for  13%  and 16% of  total  revenue  for the six and
three-months ended January 31, 2002, respectively.

CLAIMS PROCESSING CHARGES

Claims processing  charges include the costs of collision and glass repairs paid
to repair shops within our repair shop network.  Claims  processing  charges for

                                       10
<PAGE>

the six and  three-months  ended  January  31,  2002 was $13.7  million and $7.2
million, respectively.  Both of these totals were 85% of total revenue, compared
to 82% and 83% of revenue for the six and  three-months  ended January 31, 2001.
This increase in the percentage of the claims  processing  charges over the same
periods last year was mostly caused by volume discounts  extended to our largest
customer.  We expect this  percentage of claims  process  charges to revenues to
decrease  as the click fee  revenue  increases  as a result of the  eJusterSuite
product implementation.

We are  dependent  upon our third party  collision  repair  shops for  insurance
claims  repairs.  eAutoclaims  currently  includes  over 3,200  repair  vendors'
facilities in its network for insurance claims repairs.  We  electronically  and
manually audit  individual  claims  processes to their  completion  using remote
digital  photographs  transmitted over the Internet.  However, if the quality of
service provided by a collision repair shop falls below a satisfactory  standard
leading  to poor  customer  service,  this  could  have a harmful  effect on our
business. We control our service requirements by continually monitoring customer
service  levels and  providing  staff  inspections  of our network shops and, if
required, establish similar relationships with other collision repair shops.

SELLING, GENERAL AND ADMINISTRATIVE (SG&A) EXPENSES

SG&A expense is mainly  comprised of salaries and benefits,  facilities  related
expenses,  telephone charges,  legal and other  professional  fees,  advertising
costs,  and travel  expenses.  SGA expenses for the six-months ended January 31,
2002  totaled $3.5 million  compared to $2.7  million for the  six-months  ended
January 31, 2001. The SG&A expenses for this period were 22% of total revenue in
the  current  year,  which is a reduction  from the 38% of total  revenue in the
previous  year. For the  three-months  ended January 31, 2002, the SG&A expenses
totaled $1.7 million compared to $1.4 million for the three-months ended January
31, 2001. This represents a decrease in these expenses compared to total revenue
from 2001 to 2002 of 28% to 20%. The decreases in SG&A expenses for both the six
and three-month periods are attributed to our substantial revenue growth and the
economies of scale realized from our established  infrastructure.  We expect the
percentage of SG&A expenses to total revenue to continue to decrease as revenues
continue to increase.

During the six and  three-month  periods  ended  January 31,  2002,  payroll and
benefits related  expenses totaled $2.4 million and $1.2 million,  respectively.
These  expenses  for the six and  three-month  periods  ended  January  31, 2001
totaled $1.6 million and $0.9 million, respectively.

SG&A  expenses  also  include  non-cash  charges of  approximately  $118,000 and
$34,000 for the six and three-month period ended January 31, 2002, respectively.
These non-cash charges include approximately $44,000 of stock issued to purchase
an option to buy an office  facility and  approximately  $65,000 of common stock
issued to pay  professional  fees and board of  director  fees.  Total  non-cash
charges for the six and  three-months  ended January 31, 2001 that were included
SG&A expense  included  approximately  $212,000 and $114,000,  respectively,  in
charges  incurred  pertaining to consulting  agreements  for investor  relations
services, legal, and professional consultants.

Also  included  in the  SG&A is  interest  expense  related  to  loans  from two
officers/shareholders  and two capital  leases.  This  interest  expense  totals
approximately  $23,000 and $7,000 for the six and three-months ended January 31,
2002, respectively,  compared to approximately $9,000 and $7,000 for the six and
three-months  ended January 31, 2001,  respectively.  Interest  income from cash
reserves totaled  approximately  $17,000 and $8,000 for the six and three-months
ended  January 31,  2002,  respectively,  compared to  approximately  $4,000 and
$3,000 for the six and three-months ended January 31, 2001, respectively.

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<PAGE>

DEPRECIATION AND AMORTIZATION

Depreciation of property and equipment of approximately $120,000 and $63,000 was
recognized  in  the  six  and  three-month   periods  ended  January  31,  2002,
respectively.  This is compared to approximately $68,000 and $36,000 for the six
and three-months ended January 31, 2001.

Amortization of the goodwill associated with the acquisitions of Premier Express
Claims,  Inc.  totaled  approximately  $109,000  and  $55,000  for  the  six and
three-months ended January 31, 2002, respectively.

NET LOSS

Net loss for the six-months ended January 31, 2002 totaled $1.8 million compared
to $1.6 million for the  six-months  ended  January 31,  2001,  a 14%  increase.
Non-cash expenses created  approximately  $903,000 and $430,000 of those losses,
respectively.  The largest non-cash expense of approximately  $556,000  resulted
from the amortization of the debenture  discount in the six months ended January
31, 2002 as described above. The net loss before non-cash expenses  decreased by
approximately $253,000, or 21%.

Net loss for the  three-months  ended  January  31, 2002  totaled  approximately
$508,000 compared to $636,000 for the three-months ended January 31, 2001, a 20%
decrease. Non-cash expenses created approximately $152,000 and $210,000 of those
losses,  respectively.  The net  loss  before  non-cash  expenses  decreased  by
approximately  $70,000,  or 16%. The  decreases in both the six and  three-month
losses  are a result  of the  additional  margin  generated  from the  increased
revenue.


Liquidity and Capital Resources

At January 31, 2002,  we had cash of  approximately  $506,000,  approximately  a
$21,000  increase  over July 31,  2001,  and a  working  capital  deficiency  of
approximately $2.7 million. The primary source of our working capital during the
six-month  period  ended  January  31,  2002,  was from cash flow  generated  by
operations.  We collect cash from our customers  approximately 30 days before we
pay the repairs shops. Consequently, increased revenue generates cash to support
operations.  However,  there is no assurance that we will be able to continue to
provide cash through operations.

Convertible  debentures,  totaling  $650,000  were  converted  into equity as of
September  30, 2001.  In  addition,  42 of the 520  preferred  stock shares were
converted  into 551,629  shares of common  stock on January 31, 2002,  including
accrued  interest.  We have also received a conversion notice to convert another
210 shares of preferred  stock that will be  converted  into  approximately  4.1
million common shares, including accrued interest.

We are working on additional  equity funding of  approximately  $2,000,000  with
multiple sources.  If we are unable to obtain this funding,  we will not be able
to add the sales personnel to increase our growth as rapidly as we have planned.
In such event,  we believe that our current cash  resources,  along with working
capital from operations will be sufficient to fund our business at least through
the year  ended July 31,  2002.  There is no  assurance  that we will be able to
obtain this funding.

We believe  that,  assuming  that a funding  closes,  the net proceeds from this
funding,  together with cash  generated from  operations,  will be sufficient to
meet our anticipated cash needs for working capital and capital expenditures and
will allow us to continue the rapid expansion of our business.  However,  we may
need to raise  additional  funds  as we  pursue  other  business  or  technology
acquisitions   or   experience   operating   losses   that  exceed  our  current
expectations.  We cannot  assure you that we will be able to raise such funds or
such funds will be available to us on favorable  terms.  If we raise  additional
funds through the issuance of our equity for debt  securities,  such  securities

                                       12
<PAGE>

may have rights,  preferences or privileges senior to those of the rights of our
Common Stock and our stockholders may experience additional dilution.

We are currently restricted from raising other additional debt or equity without
the consent of the holders of our Series A Preferred  Stock.  Thomson  Kernaghan
has exclusive  rights to provide any future equity line  financing for two years
ending May 31, 2003.

eAutoclaims'   operations  provided  cash  of  approximately  $368,000  for  the
six-months  ended January 31, 2002 compared to  operations  using  approximately
$179,000 in cash for the six-months ended January 31, 2001. Management expects a
significant  source of cash during the upcoming  fiscal  quarter as it funds its
operating  businesses.  There is no  assurance  we will  continue to sustain our
growth. Our business has grown significantly since our inception.  This estimate
is a forward-looking statement that involves risks and uncertainties. The actual
time period may differ materially from that indicated as a result of a number of
factors so that we cannot assure that our cash  resources will be sufficient for
anticipated   or   unanticipated   working   capital  and  capital   expenditure
requirements  for this period.  In order to sustain our growth,  we will require
substantial  additional  capital.  If we  raise  additional  funds  through  the
issuance of our  securities,  these  securities may have rights,  preferences or
privileges  senior  to those  of our  Common  Stock,  and our  stockholders  may
experience additional dilution to their equity ownership.

Our  principle  commitments  at January  31, 2002  consist of monthly  operating
rental payments, compensation of employees and accounts and notes payable.

Inflation

We believe that the impact of inflation  and changing  prices on our  operations
since the commencement of our operations has been negligible.

Seasonality

eAutoclaims does not deem its revenues to be seasonal.

RECENTLY ISSUED FINANCIAL ACCOUNTING STANDARDS

In June 2001, the FASB issued Statement no. 142,  "Goodwill and Other Intangible
Assets,"  which we must adopt as of August 1, 2002,  that changes the accounting
for goodwill from an amortization method to an impairment-only  approach.  As of
August 1,  2002,  eAutoclaims  will cease the  amortization  of  goodwill.  This
statement  also requires  companies  with goodwill  recorded on their  financial
statements  to evaluate if the goodwill has been impaired and if a charge should
be recorded to write-off any impairment. We do not expect this statement to have
an impact on our financial  statements  except to cease  recording  amortization
expense of the goodwill.

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<PAGE>

PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

The  Company is subject to a lawsuits  and claims  arising out of the conduct of
its business.  Management  believes that the probable resolution of such matters
will not materially affect the financial position, results of operations or cash
flows of the Company.

On or about  October  23,  2000,  we  received  a demand  letter  from a website
developer for $135,000 alleging breach of contract. Our management believes that
we are entitled to a refund of $15,000.  A complaint  has been filed in Pinellas
County  Circuit Court  regarding  this  dispute.  It is too early to predict the
ultimate  outcome  of this  dispute.  Management  believes  we have  meritorious
defenses to this action.

We believe  that  there are no other  claims or  actions  pending or  threatened
against us, the  ultimate  disposition  of which  would have a material  adverse
effect on us.


ITEM 2. CHANGE IN SECURITIES AND USE OF PROCEEDS.

On September 20, 2001, two  shareholders  and officers of the Company  converted
$44,000 of debt owed to them by eAutoclaims to 91,667 shares of stock.

During the six-months  ended January 31, 2001 $650,000 of debentures,  that were
issued in June and July of 2001,  were  converted  to  942,855  shares of common
stock in accordance with the debenture agreements. In addition, accrued interest
of  approximately  $4,000 on those  debentures was converted to 11,128 shares of
common stock.

During the  three-month  period ended October 31, 2001, the Company entered into
an agreement for the lease of a new office facility that called for the issuance
of  97,927  shares  of stock for the  first  three  months  rent and a five year
purchase  option  of  the  property  at  a  pre-established  price.  During  the
three-month period ended October 31, 2001, $43,659 was charged to operations for
the stock issued  relating to the  purchase  option.  At January 31,  2002,  the
remaining shares have not been earned.

During the six-months  ended January 31, 2002, the Company issued 120,035 shares
of common stock in exchange for $55,240 of legal services.

During the  six-months  ended January 31, 2002,  the Company  issued  additional
options to employees and members of the Company's Board of Directors to purchase
506,000  shares of common  stock  where the  exercise  prices of the options are
equal to or greater than the fair market value of the Company's  common stock on
the date of each  grant.  Additionally,  options to purchase  157,950  shares of
common stock were canceled.

In accordance  with the Company's  stock option plan,  addition  employee  stock
options to  purchase  approximately  950,000  shares of stock at $0.75 per share
will be issued in March of 2002.

During the  six-months  ended  January 31,  2002,  employees  exercised  323,000
options to purchase shares of eAutoclaims stock.

During the  six-months  ended January 31, 2002, the Company issued 17,488 shares
of common stock to four  directors in exchange for their  services.  The Company
charged  operations  $10,000,  which was equal to the fair  market  value of the
shares when earned.

                                       14
<PAGE>


On October 1, 2001, the Company entered into a contract with a public  relations
consultant for services.  This agreement  calls for the Company to issue options
to purchase 21,429 shares of stock, which were issued on November 1, 2001.

On January 31, 2002, 42 shares of preferred stock with a face value of $210,000,
plus interest of  approximately  $26,000 were  converted  into 551,629 shares of
common stock.


ITEM 5. OTHER INFORMATION

The Company entered into an agreement with 18 of its top management personnel to
compensate  them if there is a change in control of the  Company  and they loose
their  employment with the Company without cause.  The  compensation  under this
agreement  ranges from 200% to 299% of their  annual  salary,  depending  on the
level of management.  The "Change in Control and Termination Agreement" has been
attached to this filing.

The  events of  September  11,  2001 and the  federal  actions  thereafter  have
affected the auto insurance industry and the equity financing industry. Although
our Company  continues  to succeed,  these  events  have had a  significant  and
continuing impact on the progress of our company. The full extent of this effect
may not completely be determined within the next few months or quarters.


ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

Change in Control and Termination Agreement



SIGNATURES


Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  Registrant  has duly  caused  this report to be signed on its
behalf by the undersigned, thereunto duly authorized.



Date:   March 12, 2002                  By: /s/ Eric Seidel
                                            -----------------------------
                                            Eric Seidel, Chief Executive Officer


                                        By: /s/ Scott Moore
                                            -----------------------------
                                            Scott Moore, Chief Financial Officer


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