**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION **

**Washington,      D.C. 20549 **

**FORM      10-QSB/A**

**Amendment      No. 1**

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

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

**FINDEX.COM,      INC.**

| Nevada                                           | 88-0379462                           |
|--------------------------------------------------|--------------------------------------|
| (State                  or other jurisdiction of | (I.R.S.                  Employer    |
| incorporation                  or organization)  | Identification                  No.) |

| 11204                  Davenport Street, Suite 100, Omaha, Nebraska | 68154                       |
|---------------------------------------------------------------------|-----------------------------|
| (Address                  of principal executive offices)           | (Zip                  Code) |

**Yes      [X] No [_]**

**APPLICABLE      ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE      YEARS**

**Yes      [_] No [_]**

**APPLICABLE      ONLY TO CORPORATE ISSUERS**

**Yes      [_] No [X]**

----

**Explanatory      Note**

| ·   | In                June 1999 we entered into a certain software license agreement with                Parsons Technology, Inc. to manufacture, distribute and sell a variety                of                software titles, including QuickVerse®and                Membership Plus®,                by far our two largest selling titles. During                the quarter ended June 30, 2002, we reached a tentative settlement                agreement in an arbitration arising out of the 1999 license with                The                Learning Company (“TLC”), the licensor-assignee at the time. The tentative                settlement agreement forgave the final, unpaid installment due on                the 1999                license and extended the term from 10 years to 50 years. We originally                recorded the final, unpaid installment ($1,051,785) as an offset                against                the recorded historical cost of the 1999 license, and recalculated                the                amortization based on this reduced amount and the extension of the                useful                life to 50 years. Although paragraph 6 of Statement of Financial                Accounting Standards (“SFAS”) No. 141, *Business                Combinations*,                which guides the recognition and measurement of intangible assets,                provides that the measurement of an asset in which the consideration                given                is cash is measured by the amount of cash paid, our management has                since                concluded that too much time had passed between the date of the 1999                license and the date of the tentative settlement agreement for such                an                offset to be appropriate. Therefore, we have recognized the extinguishment                of the liability owed to TLC as income in our consolidated statement                of                operations for the year ended December 31, 2002. This adjustment                reduced                our retained deficit at September 30, 2003 and 2004 which was originally                reported but had no effect on our condensed consolidated statements                of                operations or consolidated statements of cash flows for the periods                then                ended. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | During                the quarter ended December 31, 2003, we reached a final settlement                agreement in a second dispute arising out of the 1999 license with                Zondervan and TLC. This final settlement extended the life of the                1999                license, and the trademarks included therein, indefinitely. We originally                reassessed the useful life of the 1999 license to be indefinite,                based on                the guidelines provided by paragraphs 11 and 53 of SFAS No. 142,                *Goodwill                and Other Intangible Assets*.                Our management has since concluded a 10 year life is appropriate                on the                basis of our going concern opinions for the years ended December                31, 2002                and 2003. Therefore, we have restored the estimated economic useful                life                to the original 10 years and have recalculated annual amortization                accordingly. This adjustment increased our retained deficit at September                30, 2003 (for the prior years’ amortization and related income tax                effects) and decreased our net income for the three and nine months                ended                September 30, 2004. There was no net effect on our consolidated statements                of cash flows for the nine months ended September 30, 2003 and 2004,                respectively. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | During                the year ended December 31, 2003, we decided to no longer provide                support                for and to destroy all remaining inventory of certain of our products.                We                originally recorded this as a non-recurring item in the “Other income                (expense)” section of our consolidated statements of operations for the                year ended December 31, 2003. We have revised our condensed consolidated                statements of operations for the three and nine months ended September                30,                2003 to reflect this obsolete inventory in the “Cost of Sales”                section. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | During                the year ended December 31, 2003, we reached a final settlement agreement                in our dispute with Zondervan and TLC. As part of the settlement                process,                we conducted an internal audit (verified by an independent auditor                provided by TLC) of the accrued royalties owed Zondervan. The audit                revealed that accrued royalties had been overstated due to the 2001                bad                debt recognition of TLC’s trade accounts receivable balance. The amount by                which the accrued royalties had been overstated remained part of                our                dispute with Zondervan and as such remained in our liabilities until                a                final settlement agreement was reached. We originally had reported                the                adjustment as a non-recurring item in the “Other income (expense)” section                of our consolidated statements of operations. The revised condensed                consolidated statements of operations for the three and nine months                ended                September 30, 2003 reflects the adjustment as “Other income” in the “Other                income (expense)” section. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | During                  the year ended December 31, 2003, we reclassified loan proceeds,                  and the                  corresponding accrued interest payable, that were previously recorded                  as                  an unsecured note payable. The proceeds were initially recorded                  as an                  unsecured note payable in 1999, based on an oral understanding                  with an                  employee of a third-party consultant. We had historically accrued                  interest                  on the outstanding balance at 9%, the rate deemed reasonable by                  our                  management at the time of the oral agreement. We continued to accrue                  interest on the proceeds until we made the determination to reclassify                  the                  proceeds and accumulated accrued interest based on the fact that                  (i) the                  obligation exists, if at all, solely pursuant to an oral loan agreement                  made in 1999 in the State of North Carolina with a representative                  of the                  party to whom the obligation was believed to have been owed, (ii)                  no party                  has ever made any demand for repayment thereof despite the fact                  that no                  payments have ever been made on the obligation, (iii) the party                  believed                  to be owed the obligation, upon inquiry, claims no record of any                  such                  obligation, and (iv) the State of North Carolina statute of limitations                  applicable to oral agreements, believed to govern the continued                  enforceability of the obligation, had expired. We originally reported                  the                  reclassification as a non-recurring item in the “Other income (expense)”                  section of our consolidated statements of operations for the year                  ended                  December 31, 2003. We have revised our condensed consolidated statements                  of operations for the three and nine months ended September 30,                  2003 to                  reflect the adjustment as “Other income” in the “Other income (expense)”                  section. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | During                the three months ended March 31, 2004, and as a direct result of                the final                settlement agreement with Zondervan and TLC, we wrote-off certain                inventory containing Zondervan-owned content. Though not technologically                obsolete, we were unable to sell the inventory under the terms of                the                final settlement agreement. We originally recorded this event as                a                non-recurring item in the “Other income (expense)” section of our                condensed consolidated statements of operations. We have revised                our                condensed consolidated statement of operations for the three and                nine                months ended September 30, 2004 to reflect this inventory adjustment                in                the “Cost of Sales” section. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | During                the three months ended September 30, 2004, we settled a dispute for                early                termination arising out of an agreement with Swartz Private Equity.                In                connection therewith, we issued 295,692 shares of common stock valued                at                $0.10 per share and paid a cash lump sum of $125,000. We originally                had                recorded this transaction as expenses incurred in a withdrawn public                offering and reflected it as a non-recurring item in our condensed                consolidated statements of operations. We have revised our condensed                consolidated statement of operations for the three and nine months                ended                September 30, 2004 to reflect this transaction as “Other expenses” in the                “Other income (expense)” section. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | During                the three months ended September 30, 2004, we negotiated a settlement                agreement for debt extinguishment with several of our creditors.                The debt                extinguishment was originally reported as an extraordinary item,                net of                income tax effects, on our condensed consolidated statements of                operations. We have revised our condensed consolidated statement                of                operations for the three and nine months ended September 30, 2004                to                reflect this transaction in the “Other income”                section. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | We                had previously, and erroneously, treated our 2004 rebates reserve                adjustment as an expense recovery in operating expenses. The more                appropriate presentation should have been, and is now, an adjustment                to                revenue, in accordance with EITF 01-09, *Accounting                for Consideration Given by a Vendor to a Customer (Including a Reseller                of                the Vendor’s Products)*. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | We                have also reclassified various expense items in our condensed consolidated                statements of operations for the three and nine months ended September                30,                2004 and 2003 to conform with the presentation in our statements                of                operations for the years ended December 31, 2004 and 2003. There                was no                net effect on our net income (loss) for the three and nine months                ended                September 30, 2004 and 2003 as a result of our correction of these                errors. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

Item      1Financial      Statements.

Item      2

 Management’s      Discussion and Analysis of Financial Condition or Plan of      Operations.

----

**PART      I - FINANCIAL INFORMATION**

**ITEM      1. FINANCIAL STATEMENTS.**

| **Findex.com,                Inc.**                             |
|-----------------------------------------------------------------|
| **CONDENSED                CONSOLIDATED BALANCE SHEETS**        |
| **(Unaudited)**                                                 |
|                                                            |
|                                                            |   |   | **September                30, 2004** |   |   | September                30, 2003 |   |
|                                                            |   |   | **(Restated)** |   |   | (Restated) |   |
| **Assets**                                                      |
| Current                assets:                                  |
| Cash                and cash equivalents                        |   | **$** | **539,399** |   | $ | 38,265 |   |
| Accounts                receivable, trade                       |   |   | **296,850** |   |   | 141,173 |   |
| Inventory                                                       |   |   | **162,800** |   |   | 252,700 |   |
| Other                current assets                             |   |   | **139,495** |   |   | 42,464 |   |
| Total                current assets                             |   |   | **1,138,544** |   |   | 474,602 |   |
| Property                and equipment, net                      |   |   | **61,518** |   |   | 68,507 |   |
| Software                license, net                            |   |   | **2,391,660** |   |   | 2,895,168 |   |
| Software                development, net                        |   |   | **602,276** |   |   | 474,385 |   |
| Restricted                cash                                  |   |   | **50,354** |   |   | 50,000 |   |
| Other                assets                                     |   |   | **86,301** |   |   | 58,610 |   |
| Total                assets                                     |   | **$** | **4,330,653** |   | $ | 4,021,272 |   |
|                                                            |
| **Liabilities                and stockholders’ equity**   |
| Current                liabilities:                             |
| Notes                payable                                    |   | **$** | **240,000** |   | $ | 749,999 |   |
| Accrued                royalties                                |   |   | **236,949** |   |   | 1,616,556 |   |
| Accounts                payable, trade                          |   |   | **410,179** |   |   | 582,648 |   |
| Current                maturities of long-term notes payable    |   |   | **34,070** |   |   | 140,008 |   |
| Other                current liabilities                        |   |   | **411,706** |   |   | 1,494,412 |   |
| Total                current liabilities                        |   |   | **1,332,904** |   |   | 4,583,623 |   |
| Long-term                note payable                           |   |   | **---** |   |   | 92,537 |   |
| Non-current                deferred taxes                       |   |   | **808,083** |   |   | 773,765 |   |
| Commitments                and contingencies                    |
| Stockholders’                equity:                      |
| Preferred                stock                                  |   |   | **---** |   |   | 51 |   |
| Common                stock                                     |   |   | **46,153** |   |   | 21,011 |   |
| Paid-in                capital                                  |   |   | **8,937,547** |   |   | 7,080,629 |   |
| Retained                (deficit)                               |   |   | **(6,794,034** | **)** |   | (8,530,344 | ) |
| Total                stockholders’ equity                 |   |   | **2,189,666** |   |   | (1,428,653 | ) |
| Total                liabilities and stockholders’ equity |   | **$** | **4,330,653** |   | $ | 4,021,272 |   |
|                                                            |
| *See                accompanying notes.*                        |

----

| **Findex.com,                Inc.**                                |
|--------------------------------------------------------------------|
| **CONDENSED                CONSOLIDATED STATEMENTS OF OPERATIONS** |
| **Three                and Nine Months Ended September 30**        |
| **(Unaudited)**                                                    |
|                                                               |
|                                                               |   | **Three                Months Ended** | **Nine                Months Ended** |
|                                                               |   |   | **2004** |   |   | 2003 |   |   | **2004** |   |   | 2003 |   |
|                                                               |   |   | **(Restated)** |   |   | (Restated) |   |   | **(Restated)** |   |   | (Restated) |   |
|                                                               |
| Revenues,                net of reserves and allowances            |   | **$** | **1,010,207** |   | $ | 746,468 |   | **$** | **3,788,322** |   | $ | 2,579,150 |   |
| Cost                of sales                                       |   |   | **397,652** |   |   | 272,498 |   |   | **1,137,721** |   |   | 833,641 |   |
| Gross                profit                                        |   |   | **612,555** |   |   | 473,970 |   |   | **2,650,601** |   |   | 1,745,509 |   |
| Operating                expenses:                                 |
| Sales                and marketing                                 |   |   | **287,909** |   |   | 186,841 |   |   | **798,410** |   |   | 521,441 |   |
| General                and administrative                          |   |   | **512,721** |   |   | 392,700 |   |   | **1,684,295** |   |   | 1,206,773 |   |
| Bad                debt provision                                  |   |   | **8,566** |   |   | 4,893 |   |   | **11,066** |   |   | 4,893 |   |
| Depreciation                and amortization                       |   |   | **141,607** |   |   | 137,039 |   |   | **416,246** |   |   | 411,041 |   |
| Total                operating expenses                            |   |   | **950,803** |   |   | 721,473 |   |   | **2,910,017** |   |   | 2,144,148 |   |
| Earnings                (loss) from operations                     |   |   | **(338,248** | **)** |   | (247,503 | ) |   | **(259,416** | **)** |   | (398,639 | ) |
| Other                income                                        |   |   | **1,008,682** |   |   | 2,803 |   |   | **1,009,798** |   |   | 587,464 |   |
| Other                expenses, net                                 |   |   | **(161,220** | **)** |   | (21,467 | ) |   | **(192,854** | **)** |   | (58,871 | ) |
| Income                (loss) before income taxes                   |   |   | **509,214** |   |   | (266,167 | ) |   | **557,528** |   |   | 129,954 |   |
| Provision                for income taxes                          |   |   | **(31,095** | **)** |   | 56,616 |   |   | **(92,417** | **)** |   | 169,848 |   |
| Net                income (loss)                                   |   | **$** | **478,119** |   | $ | (209,551 | ) |   | **465,111** |   |   | 299,802 |   |
| Retained                (deficit) at beginning of year             |   | **(7,255,020** | **)** |   | (8,830,146 | ) |
| Preferred                stock dividend                            |   | **(4,125** | **)** |   | --- |   |
| Retained                (deficit) at end of period                 | **$** | **(6,794,034** | **)** | $ | (8,530,344 | ) |
|                                                               |
| Net                earnings (loss) per share:                      |
| Basic                                                              |   | **$** | **0.01** |   | $ | (0.01 | ) | **$** | **0.02** |   | $ | 0.01 |   |
| Diluted                                                            |   | **$** | **0.01** |   | $ | (0.01 | ) | **$** | **0.01** |   | $ | 0.01 |   |
|                                                               |
| Weighted                average shares outstanding:                |
| Basic                                                              |   |   | **46,153,189** |   |   | 21,011,438 |   |   | **30,146,980** |   |   | 20,211,438 |   |
| Diluted                                                            |   |   | **49,278,388** |   |   | 21,011,438 |   |   | **32,817,096** |   |   | 22,365,438 |   |
|                                                               |
| *See                accompanying notes.*                           |

----

| **Findex.com,                Inc.**                                                  |
|--------------------------------------------------------------------------------------|
| **CONSOLIDATED                STATEMENTS OF CASH FLOWS**                             |
| **(Unaudited)**                                                                      |
|                                                                                 |
| **Nine                Months Ended September 30**                                    |   |   | **2004** |   |   | 2003 |   |
|                                                                                 |   |   | **(Restated)** |   |   | (Restated) |   |
| Cash                flows from operating activities:                                 |
| Cash                received from customers                                          |   | **$** | **3,607,255** |   | $ | 3,092,147 |   |
| Cash                paid to suppliers and employees                                  |   |   | **(4,368,409** | **)** |   | (2,661,410 | ) |
| Other                operating activities, net                                       |   |   | **(34,235** | **)** |   | 36,479 |   |
| Net                cash provided (used) by operating activities                      |   |   | **(795,389** | **)** |   | 467,216 |   |
| Cash                flows from investing activities:                                 |
| Acquisition                of property and equipment                                 |   |   | **(25,332** | **)** |   | (8,047 | ) |
| Software                development costs                                            |   |   | **(415,197** | **)** |   | (366,101 | ) |
| Website                development costs                                             |   |   | **(31,836** | **)** |   | (30,373 | ) |
| Deposits                (refunded) made                                              |   |   | **50,016** |   |   | (50,500 | ) |
| Net                cash (used) by investing activities                               |   |   | **(422,349** | **)** |   | (455,021 | ) |
| Cash                flows from financing activities:                                 |
| Proceeds                from (payments on) line of credit, net                       |   |   | **(20,933** | **)** |   | 24,918 |   |
| Payments                made on long-term notes payable                              |   |   | **(202,551** | **)** |   | (37,499 | ) |
| Proceeds                from convertible notes payable                               |   |   | **240,000** |   |   | --- |   |
| Stock                offering costs paid                                             |   |   | **(51,047** | **)** |   | --- |   |
| Proceeds                from issuance of common stock and warrants                   |   |   | **1,750,000** |   |   | --- |   |
| Net                cash provided (used) by financing activities                      |   |   | **1,715,469** |   |   | (12,581 | ) |
| Net                increase (decrease) in cash and cash equivalents                  |   |   | **497,731** |   |   | (386 | ) |
| Cash                and cash equivalents, beginning of year                          |   |   | **41,668** |   |   | 38,651 |   |
| Cash                and cash equivalents, end of period                              |   | **$** | **539,399** |   | $ | 38,265 |   |
|                                                                                 |
| Reconciliation                of net income to cash flows from operating activities: |
| Net                income                                                            |   | **$** | **465,111** |   | $ | 299,802 |   |
| Adjustments                to reconcile net income to net cash                       |   |   |
| provided                by operating activities:                                     |   |   |
| Software                development costs amortized                                  |   |   | **397,627** |   |   | 172,217 |   |
| Provision                for bad debts                                               |   |   | **11,066** |   |   | 4,893 |   |
| Common                stock and warrants issued for services                         |   |   | **73,700** |   |   | 52,750 |   |
| Depreciation                and amortization                                         |   |   | **416,245** |   |   | 411,041 |   |
| Debt                forgiveness                                                      |   |   | **(1,000,662** | **)** |   | --- |   |
| Loss                on disposal of property and equipment                            |   |   | **141** |   |   | --- |   |
| Change                in assets and liabilities:                                     |   |   |
| Decrease                in accounts receivable                                       |   |   | **57,887** |   |   | 82,175 |   |
| Decrease                in inventories                                               |   |   | **109,800** |   |   | 164,000 |   |
| (Increase)                decrease in refundable income taxes                        |   |   | **(2,948** | **)** |   | 47,950 |   |
| (Increase)                in prepaid expenses                                        |   |   | **(114,629** | **)** |   | (3,716 | ) |
| (Decrease)                in accrued royalties                                       |   |   | **(381,677** | **)** |   | (514,057 | ) |
| (Decrease)                in accounts payable                                        |   |   | **(407,683** | **)** |   | (324,916 | ) |
| (Decrease)                in income taxes payable                                    |   |   | **(950** | **)** |   | --- |   |
| Increase                (decrease) in deferred taxes                                 |   |   | **90,931** |   |   | (169,848 | ) |
| Increase                (decrease) in other liabilities                              |   |   | **(509,348** | **)** |   | 244,925 |   |
| Net                cash provided (used) by operating activities                      |   | **$** | **(795,389** | **)** | $ | 467,216 |   |
|                                                                                 |
| *See                accompanying notes.*                                             |

----

**FindEx.com,      Inc.**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**September      30, 2004 and 2003**

**(Unaudited)**

**NOTE      1 - BASIS OF PRESENTATION**

**Inventory**

**Amortization**

*Goodwill      and Other Intangible Assets*

**Software      Development Costs**

*Accounting      for the Costs of Computer Software to Be Sold, Leased, or Otherwise      Marketed*

----

**NOTE      2 - INVENTORIES (Restated)**

|                          |   |   | **2004**    |   |   | 2003    |   |
|-------------------------------|--------|--------|-------------|--------|--------|---------|--------|
|                          |
| Raw                materials  |   | **$**  | **73,100**  |   | $      | 53,000  |   |
| Finished                goods |   |   | **89,700**  |   |   | 199,700 |   |
|                          |   | **$**  | **162,800** |   | $      | 252,700 |   |

**NOTE      3 - NOTES PAYABLE**

|                                                                                                                                                                                                                                             |   |   | **2004**    |   |   | 2003    |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-------------|--------|--------|---------|--------|
| Unsecured                demand note payable to a corporation, with interest at 9%.                                                                                                                                                              |   | **$**  | **---**     |   | $      | 650,000 |   |
|                                                                                                                                                                                                                                             |
| Note                payable to a corporation, due May 31, 2003, with interest compounded                monthly at 1.5%. Unsecured. Convertible at the option of the holder                into                666,666 restricted common shares. |   |   | **---**     |   |   | 33,333  |   |
|                                                                                                                                                                                                                                             |
| Note                payable to a corporation, due May 31, 2003, with interest compounded                monthly at 1.5%. Unsecured. Convertible at the option of the holder                into                666,666 restricted common shares. |   |   | **---**     |   |   | 33,333  |   |
|                                                                                                                                                                                                                                             |
| Note                payable to a corporation, due May 31, 2003, with interest compounded                monthly at 1.5%. Unsecured. Convertible at the option of the holder                into                666,666 restricted common shares. |   |   | **---**     |   |   | 33,333  |   |
|                                                                                                                                                                                                                                             |
| Note                payable to an individual, due August 2005, with annual interest at                7.5%.                Unsecured. Convertible at the option of the holder into 1,000,000                restricted common shares.            |   |   | **120,000** |   |   | ---     |   |
|                                                                                                                                                                                                                                             |
| Note                payable to an individual, due August 2005, with annual interest at                7.5%.                Unsecured. Convertible at the option of the holder into 1,000,000                restricted common shares.            |   |   | **120,000** |   |   | ---     |   |
|                                                                                                                                                                                                                                             |   | **$**  | **240,000** |   | $      | 749,999 |   |

**NOTE      4 - LONG-TERM NOTES PAYABLE**

|                                                                                                                                                                                 |   |   | **2004**   |   |   | 2003    |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|------------|--------|--------|---------|--------|
| Unsecured                term note payable to a corporation due October 2004 in monthly                installments of $5,285, including interest at 8%.                             |   | **$**  | **34,070** |   | $      | 68,545  |   |
|                                                                                                                                                                                 |   |   |       |   |   |    |   |
| Term                note payable to a corporation due December 2005 in monthly installments                of                $6,833, including interest at 8%. Secured by inventory. |   |   | **---**    |   |   | 164,000 |   |
|                                                                                                                                                                                 |   |   | **34,070** |   |   | 232,545 |   |
| Less                current maturities                                                                                                                                               |   |   | **34,070** |   |   | 140,008 |   |
|                                                                                                                                                                                 |   | **$**  | **---**    |   | $      | 92,537  |   |

----

**NOTE      5 - STOCKHOLDERS’ EQUITY (Restated)**

**Common      Stock**

**Common      Stock Options**

----

**Common      Stock Warrants**

**NOTE      6 - OTHER INCOME AND EXPENSES (Restated)**

*Accounting      for Transfers and Servicing of Financial Assets and Extinguishments of      Liabilities*

**NOTE      7 - REBATE RESERVE ADJUSTMENT (Restated)**

**NOTE      8 - INCOME TAXES**

**NOTE      9 - EARNINGS (LOSS) PER COMMON SHARE (Restated)**

----

| **Three                months ended September 30**         |   |   | **2004**       |   |   | 2003       |   |
|------------------------------------------------------------|--------|--------|----------------|--------|--------|------------|--------|
| Net                income (loss)                           |   | **$**  | **478,119**    |   | $      | (209,551   | )      |
| Preferred                stock dividends                   |   |   | **(4,125**     | **)**  |   | ---        |   |
| Available                to common shareholders            |   | **$**  | **473,994**    |   | $      | (209,551   | )      |
|                                                       |
| Basic                weighted average shares outstanding   |   |   | **46,153,189** |   |   | 21,011,438 |   |
| Dilutive                effect of:                         |
| Stock                options                               |   |   | **808,924**    |   |   | ---        |   |
| Convertible                notes payable                   |   |   | **2,000,000**  |   |   | ---        |   |
| Convertible                preferred series A              |   |   | **---**        |   |   | ---        |   |
| Convertible                preferred series B              |   |   | **---**        |   |   | ---        |   |
| Warrants                                                   |   |   | **316,275**    |   |   | ---        |   |
| Diluted                weighted average shares outstanding |   |   | **49,278,388** |   |   | 21,011,438 |   |
|                                                       |
| Earnings                (loss) per share:                  |
| Basic                                                      |   | **$**  | **0.01**       |   | $      | (0.01      | )      |
| Diluted                                                    |   | **$**  | **0.01**       |   | $      | (0.01      | )      |

| **Nine                months ended September 30**          |   |   | **2004**       |   |   | 2003       |   |
|------------------------------------------------------------|--------|--------|----------------|--------|--------|------------|--------|
| Net                income                                  |   | **$**  | **465,111**    |   | $      | 299,802    |   |
| Preferred                stock dividends                   |   |   | **(4,125**     | **)**  |   | ---        |   |
| Available                to common shareholders            |   | **$**  | **460,986**    |   | $      | 299,802    |   |
|                                                       |
| Basic                weighted average shares outstanding   |   |   | **30,146,980** |   |   | 20,211,438 |   |
| Dilutive                effect of:                         |
| Stock                options                               |   |   | **425,288**    |   |   | ---        |   |
| Convertible                notes payable                   |   |   | **2,000,000**  |   |   | 2,000,000  |   |
| Convertible                preferred series A              |   |   | **---**        |   |   | 114,000    |   |
| Convertible                preferred series B              |   |   | **---**        |   |   | 40,000     |   |
| Warrants                                                   |   |   | **244,828**    |   |   | ---        |   |
| Diluted                weighted average shares outstanding |   |   | **32,817,096** |   |   | 22,365,438 |   |
|                                                       |
| Earnings                per share:                         |
| Basic                                                      |   | **$**  | **0.02**       |   | $      | 0.01       |   |
| Diluted                                                    |   | **$**  | **0.01**       |   | $      | 0.01       |   |

**NOTE      10 - STOCK-BASED COMPENSATION (Restated)**

----

|                                                            |   | **Three                months ended September 30,** | **Nine                months ended September 30,** |
|-----------------------------------------------------------------|--------|-----------------------------------------------------|----------------------------------------------------|
|                                                            |   |                                                | **2004**                                           |   |   | 2003 |   |   | **2004** |   |   | 2003 |   |
| Net                income (loss), as reported                   |   | **$**                                               | **478,119**                                        |   | $ | (209,551 | ) | **$** | **465,111** |   | $ | 299,802 |   |
| Pro                Forma compensation charge under SFAS No. 123 |   |                                                | **---**                                            |   |   | (14,323 | ) |   | **(26,519** | **)** |   | (47,219 | ) |
| Pro                Forma net income (loss)                      |   | **$**                                               | **478,119**                                        |   | $ | (223,874 | ) | **$** | **438,592** |   | $ | 252,583 |   |
|                                                            |
| Earnings                (loss) per share:                       |
| Basic                - as reported                              |   | **$**                                               | **0.01**                                           |   | $ | (0.01 | ) | **$** | **0.02** |   | $ | 0.01 |   |
| Basic                - pro forma                                |   | **$**                                               | **0.01**                                           |   | $ | (0.01 | ) | **$** | **0.01** |   | $ | 0.01 |   |
|                                                            |
| Diluted                - as reported                            |   | **$**                                               | **0.01**                                           |   | $ | (0.01 | ) | **$** | **0.01** |   | $ | 0.01 |   |
| Diluted                - pro forma                              |   | **$**                                               | **0.01**                                           |   | $ | (0.01 | ) | **$** | **0.01** |   | $ | 0.01 |   |

**NOTE      11 - COMMITMENTS AND CONTINGENCIES**

**NOTE      12 - RISKS AND UNCERTAINTIES**

----

**NOTE      13 - GOING CONCERN**

**NOTE      14 - SUBSEQUENT EVENTS**

**NOTE      15 - RESTATEMENT AND RECLASSIFICATION**

| ·   | During                the quarter ended June 30, 2002, we reached a tentative settlement                agreement in our arbitration with TLC. The tentative settlement agreement                forgave the final, unpaid installment due on the 1999 Software License                Agreement (“SLA”) and extended the SLA term from 10 years to 50 years. We                originally recorded the final, unpaid installment ($1,051,785) of                the SLA                as an offset against the recorded historical cost of the SLA and                recalculated the amortization based on this reduced amount and the                extension of the useful life to 50 years. Although paragraph 6 of                SFAS No.                141, *Business                Combinations*,                which guides the recognition and measurement of intangible assets,                provides that the measurement of assets in which the consideration                given                is cash are measured by the amount of cash paid, our management has                since                concluded that too much time had passed between the date of the 1999                license (June 1999) and the date of the tentative settlement agreement                (May 2002) for such an offset to be appropriate. Therefore, we recognized                the extinguishment of the liability owed to TLC as income in the                consolidated statement of operations for the year ended December                31, 2002.                This adjustment reduced the retained deficit at September 30, 2003                and                2004 from that originally reported and had no effect on the condensed                consolidated statements of operations or consolidated statements                of cash                flows for the periods then ended. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | During                the quarter ended December 31, 2003, we reached a final settlement                agreement in our dispute with Zondervan and TLC. This final settlement                extended the life of the SLA, and the trademarks included therein,                indefinitely. We originally reassessed the useful life of the SLA                to be                indefinite, based on the guidelines provided by paragraphs 11 and                53 of                SFAS No. 142, *Goodwill                and Other Intangible Assets*.                Our management has since concluded a 10 year life is appropriate                based on                our going concern opinion for 2002 and 2003. Therefore, we restored                the                estimated economic useful life to the original 10 years and have                recalculated annual amortization accordingly. This adjustment increased                the retained deficit at September 30, 2003 (for the prior years’                amortization and related income tax effects) and decreased net income                for                the three and nine months ended September 30, 2004. There was no                net                effect on the consolidated statements of cash flows for the nine                months                ended September 30, 2003 and 2004,                respectively. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | During                the year ended December 31, 2003, we made the decision to no longer                provide support for certain of our products and destroyed all remaining                inventory of those products. We originally recorded this as a                non-recurring item in the “Other income (expense)” section of the                consolidated statements of operations. We revised the condensed                consolidated statements of operations for the three and nine months                ended                September 30, 2003 to reflect this obsolete inventory in cost of                sales. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | During                the year ended December 31, 2003, we reached a final settlement agreement                in our dispute with Zondervan and TLC. As part of the settlement                process,                we conducted an internal audit (which was verified by an independent                auditor provided by TLC) of the accrued royalties owed Zondervan.                The                audit provided that accrued royalties were overstated due to the                2001 bad                debt recognition of the trade accounts receivable balance of TLC.                The                amount overstated had remained part of the dispute with Zondervan                and                remained in our liabilities until the final settlement was reached.                We                originally reported the adjustment as a non-recurring item in the“Other                income (expense)” section of the consolidated statements of operations.                The revised condensed consolidated statements of operations for the                three                and nine months ended September 30, 2003 reflects the adjustment                as “Other                income” in the “Other income (expense)” section. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | During                the year ended December 31, 2003, we reclassified loan proceeds,                and the                corresponding accrued interest payable, that were previously recorded                as                an unsecured note payable. The proceeds were initially recorded as                an                unsecured note payable based on an oral understanding with an employee                of                a third-party consultant in 1999. We had historically accrued interest                on                the outstanding balance at 9%, the rate deemed reasonable by management                at                the time of the oral agreement. We continued to accrue interest on                the                proceeds until we made the determination to reclassify the proceeds                and                accumulated accrued interest. The determination to reclassify the                obligation, and related accrued interest, was made on the basis of                the                combined facts that (i) the obligation exists, if at all, solely                pursuant                to an oral loan agreement made in 1999 in the State of North Carolina                with                a representative of the party to whom the obligation was believed                to have                been owed, (ii) no party has ever made any demand for repayment thereof                despite the fact that no payments have ever been made on the obligation,                (iii) the party believed to be owed the obligation, upon inquiry,                claims                no record of any such obligation, and (iv) the State of North Carolina                Statute of Limitations applicable to oral agreements, believed to                govern                the continued enforceability of the obligation, had expired. We originally                reported the reclassification as a non-recurring item in the “Other income                (expense)” section of the consolidated statements of operations. The                revised condensed consolidated statements of operations for the three                and                nine months ended September 30, 2003 reflects the adjustment as “Other                income” in the “Other income (expense)”                section. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | During                the three months ended March 31, 2004, and as a direct result of                the                settlement with Zondervan and TLC, we wrote-off inventory containing                content from Zondervan. Though not technologically obsolete, we were                unable to sell the inventory under the terms of the settlement. We                originally recorded this as a non-recurring item in the “Other income                (expense)” section of the condensed consolidated statements of operations.                The revised condensed consolidated statement of operations for the                three                and nine months ended September 30, 2004 reflects this inventory                adjustment in cost of sales. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | During                the three months ended September 30, 2004, we settled an agreement                with                Swartz Private Equity for early termination. In connection therewith,                we                issued 295,692 shares of common stock valued at $0.10 per share and                paid a                cash lump sum of $125,000. We originally recorded this transaction                as                expenses incurred in a withdrawn public offering and reflected it                as a                non-recurring item in the condensed consolidated statements of operations.                The revised condensed consolidated statement of operations for the                three                and nine months ended September 30, 2004 reflects this transaction                as                “Other expenses” in the “Other income (expense)” section. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | During                the three months ended September 30, 2004, we negotiated settlement                with                several of our creditors. The debt extinguishment was originally                reported                as an extraordinary item, net of income tax effects, on the condensed                consolidated statements of operations. The revised condensed consolidated                statement of operations for the three and nine months ended September                30,                2004 includes this transaction in “Other                income”. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | We                had previously and erroneously treated the 2004 rebates reserve adjustment                as an expense recovery in operating expenses. The more appropriate                presentation should have been, and is now, an adjustment to revenue,                as                provided by EITF 01-09, *Accounting                for Consideration Given by a Vendor to a Customer (Including a Reseller                of                the Vendor’s Products)*. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| **Findex.com,                Inc.**                                                                                                                                                                                                                                           |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **CONDENSED                CONSOLIDATED BALANCE SHEETS**                                                                                                                                                                                                                      |
| **September                30, 2004**                                                                                                                                                                                                                                         |
| **(Unaudited)**                                                                                                                                                                                                                                                               |
|                                                                                                                                                                                                                                                                          |
|                                                                                                                                                                                                                                                                          |   | **As                Originally Reported** |   |   | **As                Restated** |   |   | **Change** |   |   |
| **Assets**                                                                                                                                                                                                                                                                    |
| Current                assets:                                                                                                                                                                                                                                                |   |
| Cash                and cash equivalents                                                                                                                                                                                                                                      |   |   |   |   | $ | 589,753 |   | $ | 539,399 |   | $ | (50,354 | ) | (a) |
| Accounts                receivable, trade                                                                                                                                                                                                                                     |   |   |   |   |   | 296,850 |   |   | 296,850 |   |   | --- |   |   |
| Inventory                                                                                                                                                                                                                                                                     |   |   |   |   |   | 162,800 |   |   | 162,800 |   |   | --- |   |   |
| Other                current assets                                                                                                                                                                                                                                           |   |   |   |   |   | 139,495 |   |   | 139,495 |   |   | --- |   |   |
| Total                current assets                                                                                                                                                                                                                                           |   |   |   |   |   | 1,188,898 |   |   | 1,138,544 |   |   | (50,354 | ) |   |
| Property                and equipment, net                                                                                                                                                                                                                                    |   | 61,518 |   |   | 61,518 |   |   | --- |   |   |
| Software                license, net                                                                                                                                                                                                                                          |   | 2,513,158 |   |   | 2,391,660 |   |   | (121,498 | ) | (b) |
| Software                development, net                                                                                                                                                                                                                                      |   | 602,276 |   |   | 602,276 |   |   | --- |   |   |
| Restricted                cash                                                                                                                                                                                                                                                |   | --- |   |   | 50,354 |   |   | 50,354 |   | (a) |
| Other                assets                                                                                                                                                                                                                                                   |   | 86,301 |   |   | 86,301 |   |   | --- |   |   |
| Total                assets                                                                                                                                                                                                                                                   |   |   |   |   | $ | 4,452,151 |   | $ | 4,330,653 |   | $ | (121,498 | ) |   |
|                                                                                                                                                                                                                                                                          |   |
| **Liabilities                and stockholders’ equity**                                                                                                                                                                                                                 |
| Current                liabilities:                                                                                                                                                                                                                                           |   |
| Notes                payable                                                                                                                                                                                                                                                  |   |   |   |   | $ | 240,000 |   | $ | 240,000 |   | $ | --- |   |   |
| Accrued                royalties                                                                                                                                                                                                                                              |   |   |   |   |   | 236,949 |   |   | 236,949 |   |   | --- |   |   |
| Accounts                payable, trade                                                                                                                                                                                                                                        |   |   |   |   |   | 410,179 |   |   | 410,179 |   |   | --- |   |   |
| Current                maturities of long-term notes payable                                                                                                                                                                                                                  |   |   |   |   |   | 34,070 |   |   | 34,070 |   |   | --- |   |   |
| Other                current liabilities                                                                                                                                                                                                                                      |   |   |   |   |   | 411,706 |   |   | 411,706 |   |   | --- |   |   |
| Total                current liabilities                                                                                                                                                                                                                                      |   |   |   |   |   | 1,332,904 |   |   | 1,332,904 |   |   | --- |   |   |
| Non-current                deferred taxes                                                                                                                                                                                                                                     |   | 1,271,643 |   |   | 808,083 |   |   | (463,560 | ) | (c) |
| Commitments                and contingencies                                                                                                                                                                                                                                  |   |
| Stockholders’                equity:                                                                                                                                                                                                                                    |   |
| Common                stock                                                                                                                                                                                                                                                   |   |   |   |   |   | 46,153 |   |   | 46,153 |   |   | --- |   |   |
| Paid-in                capital                                                                                                                                                                                                                                                |   |   |   |   |   | 8,989,778 |   |   | 8,937,547 |   |   | (52,231 | ) | (d) |
| Retained                (deficit)                                                                                                                                                                                                                                             |   |   |   |   |   | (7,188,327 | ) |   | (6,794,034 | ) |   | 394,293 |   |   |
| Total                stockholders’ equity                                                                                                                                                                                                                               |   |   |   |   |   | 1,847,604 |   |   | 2,189,666 |   |   | 342,062 |   |   |
| Total                liabilities and stockholders’ equity                                                                                                                                                                                                               |   |   |   |   | $ | 4,452,151 |   | $ | 4,330,653 |   | $ | (121,498 | ) |   |
|                                                                                                                                                                                                                                                                          |   |
| (a)                Reclassification                of restricted cash with merchant banker as non-current                asset.                                                                                                                                               |
| (b)                Net                change from reclassification of forgiveness of final installment                and                additional amortization from returning                the estimated economic useful life from indefinite to 10                years. |
| (c)                Decrease                from recalculation of deferred income taxes resulting from changes                to the                software license agreement.                                                                                                |
| (d)                Correction                of error recording preferred stock dividend converted into common                stock.                                                                                                                                          |

----

| **Findex.com,                Inc.**                                                                                                                                                                                                                                           |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **CONDENSED                CONSOLIDATED BALANCE SHEETS**                                                                                                                                                                                                                      |
| **September                30, 2003**                                                                                                                                                                                                                                         |
| **(Unaudited)**                                                                                                                                                                                                                                                               |
|                                                                                                                                                                                                                                                                          |
|                                                                                                                                                                                                                                                                          |   | **As                Originally Reported** |   |   | **As                Restated** |   |   | **Change** |   |   |
| **Assets**                                                                                                                                                                                                                                                                    |
| Current                assets:                                                                                                                                                                                                                                                |   |
| Cash                and cash equivalents                                                                                                                                                                                                                                      |   |   |   |   | $ | 88,265 |   | $ | 38,265 |   | $ | (50,000 | ) | (a) |
| Accounts                receivable, trade                                                                                                                                                                                                                                     |   |   |   |   |   | 141,173 |   |   | 141,173 |   |   | --- |   |   |
| Inventory                                                                                                                                                                                                                                                                     |   |   |   |   |   | 252,700 |   |   | 252,700 |   |   | --- |   |   |
| Other                current assets                                                                                                                                                                                                                                           |   |   |   |   |   | 42,464 |   |   | 42,464 |   |   | --- |   |   |
| Total                current assets                                                                                                                                                                                                                                           |   |   |   |   |   | 524,602 |   |   | 474,602 |   |   | (50,000 | ) |   |
| Property                and equipment, net                                                                                                                                                                                                                                    |   | 68,507 |   |   | 68,507 |   |   | --- |   |   |
| Software                license, net                                                                                                                                                                                                                                          |   | 2,516,147 |   |   | 2,895,168 |   |   | 379,021 |   | (b) |
| Software                development, net                                                                                                                                                                                                                                      |   | 474,385 |   |   | 474,385 |   |   | --- |   |   |
| Restricted                cash                                                                                                                                                                                                                                                |   | --- |   |   | 50,000 |   |   | 50,000 |   | (a) |
| Other                assets                                                                                                                                                                                                                                                   |   | 58,610 |   |   | 58,610 |   |   | --- |   |   |
| Total                assets                                                                                                                                                                                                                                                   |   |   |   |   | $ | 3,642,251 |   | $ | 4,021,272 |   | $ | 379,021 |   |   |
|                                                                                                                                                                                                                                                                          |   |
| **Liabilities                and stockholders’ equity**                                                                                                                                                                                                                 |
| Current                liabilities:                                                                                                                                                                                                                                           |   |
| Notes                payable                                                                                                                                                                                                                                                  |   |   |   |   | $ | 749,999 |   | $ | 749,999 |   | $ | --- |   |   |
| Accrued                royalties                                                                                                                                                                                                                                              |   |   |   |   |   | 1,616,556 |   |   | 1,616,556 |   |   | --- |   |   |
| Accounts                payable, trade                                                                                                                                                                                                                                        |   |   |   |   |   | 681,594 |   |   | 582,648 |   |   | (98,946 | ) | (c) |
| Current                maturities of long-term notes payable                                                                                                                                                                                                                  |   |   |   |   |   | 140,008 |   |   | 140,008 |   |   | --- |   |   |
| Other                current liabilities                                                                                                                                                                                                                                      |   |   |   |   |   | 1,494,412 |   |   | 1,494,412 |   |   | --- |   |   |
| Total                current liabilities                                                                                                                                                                                                                                      |   |   |   |   |   | 4,682,569 |   |   | 4,583,623 |   |   | (98,946 | ) |   |
| Long-term                note payable                                                                                                                                                                                                                                         |   | 92,537 |   |   | 92,537 |   |   | --- |   |   |
| Non-current                deferred taxes                                                                                                                                                                                                                                     |   | 1,058,794 |   |   | 773,765 |   |   | (285,029 | ) | (d) |
| Commitments                and contingencies                                                                                                                                                                                                                                  |   |
| Stockholders’                equity:                                                                                                                                                                                                                                    |   |
| Preferred                stock                                                                                                                                                                                                                                                |   |   |   |   |   | 51 |   |   | 51 |   |   | --- |   |   |
| Common                stock                                                                                                                                                                                                                                                   |   |   |   |   |   | 21,011 |   |   | 21,011 |   |   | --- |   |   |
| Paid-in                capital                                                                                                                                                                                                                                                |   |   |   |   |   | 7,080,629 |   |   | 7,080,629 |   |   | --- |   |   |
| Retained                (deficit)                                                                                                                                                                                                                                             |   |   |   |   |   | (9,293,340 | ) |   | (8,530,344 | ) |   | 762,996 |   |   |
| Total                stockholders’ equity                                                                                                                                                                                                                               |   |   |   |   |   | (2,191,649 | ) |   | (1,428,653 | ) |   | 762,996 |   |   |
| Total                liabilities and stockholders’ equity                                                                                                                                                                                                               |   |   |   |   | $ | 3,642,251 |   | $ | 4,021,272 |   | $ | 379,021 |   |   |
|                                                                                                                                                                                                                                                                          |   |
| (a)                Reclassification                of restricted cash with merchant banker as non-current                asset.                                                                                                                                               |
| (b)                Net                change from reclassification of forgiveness of final installment                and                additional amortization from returning                the estimated economic useful life from indefinite to 10                years. |
| (c)                Decrease                from restatement of 2000 error correction discovered in                2004.                                                                                                                                                       |
| (d)                Decrease                from recalculation of deferred income taxes resulting from changes                to the                software license agreement.                                                                                                |

----

| **Findex.com,                Inc.**                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **CONDENSED                CONSOLIDATED STATEMENTS OF OPERATIONS**                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| **Nine                Months Ended September 30, 2004**                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| **(Unaudited)**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | **As                Originally Reported** |   |   | **As                Restated** |   |   | **Change** |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| Revenues,                net of reserves and allowances                                                                                                                                                                                                                                                                                                                                                                                                                                               | $ | 3,526,492 |   | $ | 3,788,322 |   | $ | 261,830 |   | (a) |
| Cost                of sales                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 999,770 |   |   | 1,137,721 |   |   | 137,951 |   | (b) |
| Gross                profit                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   | 2,526,722 |   |   | 2,650,601 |   |   | 123,879 |   |   |
| Operating                expenses:                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| Sales                and marketing                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   | 791,249 |   |   | 798,410 |   |   | 7,161 |   | (c) |
| General                and administrative                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   |   | 1,801,483 |   |   | 1,684,295 |   |   | (117,188 | ) | (d) |
| Nonrecurring                items                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   | 186,965 |   |   | --- |   |   | (186,965 | ) | (e) |
| Rebate                reserve adjustment                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |   |   |   | (266,301 | ) |   | --- |   |   | 266,301 |   | (f) |
| Bad                deb provision                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |   | 11,066 |   |   | 11,066 |   |   | --- |   |   |
| Depreciation                and amortization                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   | 38,615 |   |   | 416,246 |   |   | 377,631 |   | (g) |
| Total                operating expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   | 2,563,077 |   |   | 2,910,017 |   |   | 346,940 |   |   |
| Earnings                from operations                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | (36,355 | ) |   | (259,416 | ) |   | (223,061 | ) |   |
| Other                income                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | 9,135 |   |   | 1,009,798 |   |   | 1,000,663 |   | (h) |
| Other                expenses, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | (38,285 | ) |   | (192,854 | ) |   | (154,569 | ) |   |
| Income                (loss) before income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |   | (65,505 | ) |   | 557,528 |   |   | 623,033 |   |   |
| Provision                for income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 15,700 |   |   | (92,417 | ) |   | (108,117 | ) | (i) |
| Income                (loss) before extraordinary item                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   | (49,805 | ) |   | 465,111 |   |   | 514,916 |   |   |
| Extraordinary                item                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 763,162 |   |   | --- |   |   | (763,162 | ) | (h) |
| Net                Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   | $ | 713,357 |   | $ | 465,111 |   | $ | (248,246 | ) |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| Net                earnings per share:                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |
| Basic                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   | $ | 0.03 |   | $ | 0.02 |   | $ | (0.01 | ) |   |
| Diluted                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   | $ | 0.02 |   | $ | 0.01 |   | $ | (0.01 | ) |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| Weighted                average shares outstanding:                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |
| Basic                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   |   | 30,146,980 |   |   | 30,146,980 |   |   | --- |   |   |
| Diluted                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   | 32,880,085 |   |   | 32,817,096 |   |   | (62,989 | ) | (j) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| (a)                Increase                from reclassification of rebate reserve adjustment from Sales and                marketing expenses and reclassify                cost of estimated returns to Cost of sales.                                                                                                                                                                                                                                                                              |
| (b)                Increase                from reclassification of non-capitalized technical support wages                from                General and administrative                expenses, reclassification of fulfillment costs from Sales and marketing                expenses, reclassification                of Inventory write down expense from operating expenses, and                reclassification of cost                of estimated returns from net                revenues. |
| (c)                Increase                from reclassification of rebate reserve adjustment to Revenues and                reclassification of fulfillment                costs to Cost of sales.                                                                                                                                                                                                                                                                                                   |
| (d)                Decrease                from reclassification of non-capitalized technical support wages                to Cost                of sales.                                                                                                                                                                                                                                                                                                                                           |
| (e)                Decrease                from reclassification of inventory write-down to Cost of                sales.                                                                                                                                                                                                                                                                                                                                                                             |
| (f)                Increase                from reclassification as an adjustment to revenue.                                                                                                                                                                                                                                                                                                                                                                                                         |
| (g)                Increase                from effects of additional amortization of the software license                agreement.                                                                                                                                                                                                                                                                                                                                                                  |
| (h)                Reclassification                of debt forgiveness as other income from net extraordinary                item.                                                                                                                                                                                                                                                                                                                                                                    |
| (i)                Income                tax effects of additional software license                amortization.                                                                                                                                                                                                                                                                                                                                                                                      |
| (j)                Decrease                due to correction of error in calculation of potentially dilutive                common                stock warrants.                                                                                                                                                                                                                                                                                                                                     |

----

| **Findex.com,                Inc.**                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **CONDENSED                CONSOLIDATED STATEMENTS OF OPERATIONS**                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| **Three                Months Ended September 30, 2004**                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| **(Unaudited)**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | **As                Originally Reported** |   |   | **As                Restated** |   |   | **Change** |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |
| Revenues,                net of reserves and allowances                                                                                                                                                                                                                                                                                                                                                                                                                                                    | $ | 1,027,277 |   | $ | 1,010,207 |   | $ | (17,070 | ) | (a) |
| Cost                of sales                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | 368,979 |   |   | 397,652 |   |   | 28,673 |   | (b) |
| Gross                profit                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   | 658,298 |   |   | 612,555 |   |   | (45,743 | ) |   |
| Operating                expenses:                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
| Sales                and marketing                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   | 294,200 |   |   | 287,909 |   |   | (6,291 | ) | (c) |
| General                and administrative                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   | 552,177 |   |   | 512,721 |   |   | (39,456 | ) | (d) |
| Nonrecurring                items                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   | 154,569 |   |   | --- |   |   | (154,569 | ) | (e) |
| Bad                debt provision                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   | 8,566 |   |   | 8,566 |   |   | --- |   |   |
| Depreciation                and amortization                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   | 15,729 |   |   | 141,607 |   |   | 125,878 |   | (f) |
| Total                operating expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   | 1,025,241 |   |   | 950,803 |   |   | (74,438 | ) |   |
| Earnings                (loss) from operations                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | (366,943 | ) |   | (338,248 | ) |   | 28,695 |   |   |
| Other                income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   | 8,019 |   |   | 1,008,682 |   |   | 1,000,663 |   | (g) |
| Other                expenses, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | (6,651 | ) |   | (161,220 | ) |   | (154,569 | ) | (e) |
| Income                (loss) before income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   | (365,575 | ) |   | 509,214 |   |   | 874,789 |   |   |
| Provision                for income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 18,005 |   |   | (31,095 | ) |   | (49,100 | ) | (h) |
| Income                (loss) before extraordinary item                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   | (347,570 | ) |   | 478,119 |   |   | 825,689 |   |   |
| Extraordinary                item                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 763,162 |   |   | --- |   |   | (763,162 | ) | (g) |
| Net                Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   | $ | 415,592 |   | $ | 478,119 |   | $ | 62,527 |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |
| Net                earnings per share:                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |
| Basic                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   | $ | 0.01 |   | $ | 0.01 |   | $ | 0.00 |   |   |
| Diluted                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   | $ | 0.01 |   | $ | 0.01 |   | $ | 0.00 |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |
| Weighted                average shares outstanding:                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |
| Basic                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |   | 46,153,189 |   |   | 46,153,189 |   |   | --- |   |   |
| Diluted                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   | 48,886,294 |   |   | 49,278,388 |   |   | 392,094 |   | (i) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |
| (a)                Increase                from reclassification of rebate reserve adjustment from Sales and                marketing expenses and reclassify                cost of estimated returns to Cost of sales.                                                                                                                                                                                                                                                                                   |
| (b)                Increase                from reclassification of non-capitalized technical support wages                from                General and administrative                expenses, reclassification of fulfillment costs from Sales and marketing                expenses, reclassification                of Inventory write down expense from operating expenses, and                reclassification of cost                of estimated returns from net                revenues. |
| (c)                Decrease                from reclassification of fulfillment costs to Cost of                sales.                                                                                                                                                                                                                                                                                                                                                                                     |
| (d)                Decrease                from reclassification of non-capitalized technical support wages                to Cost                of sales.                                                                                                                                                                                                                                                                                                                                                |
| (e)                Reclassification                of expenses incurred in a withdrawn public offering to Other expenses,                net.                                                                                                                                                                                                                                                                                                                                                              |
| (f)                Increase                from effects of additional amortization of the software license                agreement.                                                                                                                                                                                                                                                                                                                                                                       |
| (g)                Reclassification                of debt forgiveness as other income from net extraordinary                item.                                                                                                                                                                                                                                                                                                                                                                         |
| (h)                Income                tax effects of additional software license                amortization.                                                                                                                                                                                                                                                                                                                                                                                           |
| (i)                Decrease                due to correction of error in calculation of potentially dilutive                common                stock warrants.                                                                                                                                                                                                                                                                                                                                          |

----

| **Findex.com,                Inc.**                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **CONDENSED                CONSOLIDATED STATEMENTS OF OPERATIONS**                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| **Nine                Months Ended September 30, 2003**                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| **(Unaudited)**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | **As                Originally Reported** |   |   | **As                Restated** |   |   | **Change** |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| Revenues,                net of reserves and allowances                                                                                                                                                                                                                                                                                                                                                                                                                                               | $ | 2,588,820 |   | $ | 2,579,150 |   | $ | (9,670 | ) | (a) |
| Cost                of sales                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 709,772 |   |   | 833,641 |   |   | 123,869 |   | (b) |
| Gross                profit                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   | 1,879,048 |   |   | 1,745,509 |   |   | (133,539 | ) |   |
| Operating                expenses:                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| Sales                and marketing                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   | 511,726 |   |   | 521,441 |   |   | 9,715 |   | (c) |
| General                and administrative                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   |   | 1,289,237 |   |   | 1,206,773 |   |   | (82,464 | ) | (d) |
| Nonrecurring                items                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   | (522,836 | ) |   | --- |   |   | 522,836 |   | (e) |
| Bad                debt provision                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   | 4,893 |   |   | 4,893 |   |   | --- |   |   |
| Depreciation                and amortization                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   | 74,659 |   |   | 411,041 |   |   | 336,382 |   | (f) |
| Total                operating expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   | 1,357,679 |   |   | 2,144,148 |   |   | 786,469 |   |   |
| Earnings                (loss) from operations                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | 521,369 |   |   | (398,639 | ) |   | (920,008 | ) |   |
| Other                income                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | 3,838 |   |   | 587,464 |   |   | 583,626 |   | (g) |
| Other                expenses, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | (58,871 | ) |   | (58,871 | ) |   | --- |   |   |
| Income                before income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   |   | 466,336 |   |   | 129,954 |   |   | (336,382 | ) |   |
| Provision                for income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 26,100 |   |   | 169,848 |   |   | 143,748 |   | (h) |
| Net                income                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   | $ | 492,436 |   | $ | 299,802 |   | $ | (192,634 | ) |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| Net                earnings per share:                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |
| Basic                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   | $ | 0.03 |   | $ | 0.01 |   | $ | (0.02 | ) |   |
| Diluted                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   | $ | 0.03 |   | $ | 0.01 |   | $ | (0.02 | ) |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| Weighted                average shares outstanding:                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |
| Basic                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   |   | 20,211,438 |   |   | 20,211,438 |   |   | --- |   |   |
| Diluted                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   | 22,345,438 |   |   | 22,365,438 |   |   | 20,000 |   | (i) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| (a)                Increase                from reclassification of rebate reserve adjustment from Sales and                marketing expenses and reclassify                cost of estimated returns to Cost of sales.                                                                                                                                                                                                                                                                              |
| (b)                Increase                from reclassification of non-capitalized technical support wages                from                General and administrative                expenses, reclassification of fulfillment costs from Sales and marketing                expenses, reclassification                of Inventory write down expense from operating expenses, and                reclassification of cost                of estimated returns from net                revenues. |
| (c)                Increase                from reclassification of rebate reserve adjustment to Revenues and                reclassification of fulfillment                costs to Cost of sales.                                                                                                                                                                                                                                                                                                   |
| (d)                Decrease                from reclassification of non-capitalized technical support wages                to Cost                of sales.                                                                                                                                                                                                                                                                                                                                           |
| (e)                Reclassification                of Inventory write down to Cost of sales and royalty adjustment to                Other                income.                                                                                                                                                                                                                                                                                                                                     |
| (f)                Increase                from additional amortization of software license agreement from returning                the economic useful                life to 10 years.                                                                                                                                                                                                                                                                                                              |
| (g)                Reclassification                of royalty adjustment from nonrecurring item and miscellaneous income                from                Other                expenses, net.                                                                                                                                                                                                                                                                                                       |
| (h)                Income                tax effects of additional software license                amortization.                                                                                                                                                                                                                                                                                                                                                                                      |
| (i)                Increase                from correction of potentially dilutive convertible notes                payable.                                                                                                                                                                                                                                                                                                                                                                          |

----

| **Findex.com,                Inc.**                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **CONDENSED                CONSOLIDATED STATEMENTS OF OPERATIONS**                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| **Three                Months Ended September 30, 2003**                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| **(Unaudited)**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | **As                Originally Reported** |   |   | **As                Restated** |   |   | **Change** |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| Revenues,                net of reserves and allowances                                                                                                                                                                                                                                                                                                                                                                                                                                               | $ | 756,489 |   | $ | 746,468 |   | $ | (10,021 | ) | (a) |
| Cost                of sales                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 223,133 |   |   | 272,498 |   |   | 49,365 |   | (b) |
| Gross                profit                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   | 533,356 |   |   | 473,970 |   |   | (59,386 | ) |   |
| Operating                expenses:                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| Sales                and marketing                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   | 189,839 |   |   | 186,841 |   |   | (2,998 | ) | (c) |
| General                and administrative                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   |   | 420,188 |   |   | 392,700 |   |   | (27,488 | ) | (d) |
| Nonrecurring                items                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   | 28,900 |   |   | --- |   |   | (28,900 | ) | (e) |
| Bad                debt provision                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   | 4,893 |   |   | 4,893 |   |   | --- |   |   |
| Depreciation                and amortization                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   | 24,912 |   |   | 137,039 |   |   | 112,127 |   | (f) |
| Total                operating expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   | 668,732 |   |   | 721,473 |   |   | 52,741 |   |   |
| Earnings                (loss) from operations                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | (135,376 | ) |   | (247,503 | ) |   | (112,127 | ) |   |
| Other                income                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | 2,803 |   |   | 2,803 |   |   | --- |   |   |
| Other                expenses, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | (21,467 | ) |   | (21,467 | ) |   | --- |   |   |
| Income                (loss) before income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |   | (154,040 | ) |   | (266,167 | ) |   | (112,127 | ) |   |
| Provision                for income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 8,700 |   |   | 56,616 |   |   | 47,916 |   | (g) |
| Net                loss                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   | $ | (145,340 | ) | $ | (209,551 | ) | $ | (64,211 | ) |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| Net                earnings (loss) per share:                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
| Basic                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   | $ | (0.01 | ) | $ | (0.01 | ) | $ | 0.00 |   |   |
| Diluted                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   | $ | (0.01 | ) | $ | (0.01 | ) | $ | 0.00 |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| Weighted                average shares outstanding:                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |
| Basic                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   |   | 21,011,438 |   |   | 21,011,438 |   |   | --- |   |   |
| Diluted                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   | 21,011,438 |   |   | 21,011,438 |   |   | --- |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| (a)                Increase                from reclassification of rebate reserve adjustment from Sales and                marketing expenses and reclassify                cost of estimated returns to Cost of sales.                                                                                                                                                                                                                                                                              |
| (b)                Increase                from reclassification of non-capitalized technical support wages                from                General and administrative                expenses, reclassification of fulfillment costs from Sales and marketing                expenses, reclassification                of Inventory write down expense from operating expenses, and                reclassification of cost                of estimated returns from net                revenues. |
| (c)                Decrease                from reclassification of rebate reserve adjustment to Revenues and                reclassification of fulfillment                costs to Cost of sales.                                                                                                                                                                                                                                                                                                   |
| (d)                Decrease                from reclassification of non-capitalized technical support wages                to Cost                of sales.                                                                                                                                                                                                                                                                                                                                           |
| (e)                Decrease                from reclassification of inventory write-down to Cost of                sales.                                                                                                                                                                                                                                                                                                                                                                             |
| (f)                Increase                from additional amortization of software license agreement from returning                the economic useful                life to 10 years.                                                                                                                                                                                                                                                                                                              |
| (g)                Income                tax effects of additional software license                amortization.                                                                                                                                                                                                                                                                                                                                                                                      |

----

| **Findex.com,                Inc.**                                                                                              |
|----------------------------------------------------------------------------------------------------------------------------------|
| **CONSOLIDATED                STATEMENTS OF CASH FLOWS**                                                                         |
| **For                the Nine Months Ended September 30, 2004**                                                                  |
| **(Unaudited)**                                                                                                                  |
|                                                                                                                             |
|                                                                                                                             |   | **As                Originally Reported** |   |   | **As                Restated** |   |   | **Change** |   |   |
| Cash                flows from operating activities:                                                                             |   |
| Cash                received from customers                                                                                      |   |   |   |   | $ | 3,607,255 |   | $ | 3,607,255 |   | $ | --- |   |   |
| Cash                paid to suppliers and employees                                                                              |   |   |   |   |   | (4,368,409 | ) |   | (4,368,409 | ) |   | --- |   |   |
| Other                operating activities, net                                                                                   |   |   |   |   |   | (34,235 | ) |   | (34,235 | ) |   | --- |   |   |
| Net                cash (used) by operating activities                                                                           |   |   |   |   |   | (795,389 | ) |   | (795,389 | ) |   | --- |   |   |
| Cash                flows from investing activities:                                                                             |   |   |   |   |
| Acquisition                of property and equipment                                                                             |   |   |   |   |   | (25,332 | ) |   | (25,332 | ) |   | --- |   |   |
| Software                development costs                                                                                        |   |   |   |   |   | (415,197 | ) |   | (415,197 | ) |   | --- |   |   |
| Website                development costs                                                                                         |   |   |   |   |   | (31,836 | ) |   | (31,836 | ) |   | --- |   |   |
| Deposits                refunded                                                                                                 |   |   |   |   |   | 16 |   |   | 50,016 |   |   | 50,000 |   | (a) |
| Net                cash (used) by investing activities                                                                           |   |   |   |   |   | (472,349 | ) |   | (422,349 | ) |   | 50,000 |   |   |
| Cash                flows from financing activities:                                                                             |   |   |   |   |
| Proceeds                from (payments on) line of credit, net                                                                   |   |   |   |   |   | (20,933 | ) |   | (20,933 | ) |   | --- |   |   |
| Payments                made on long-term notes payable                                                                          |   |   |   |   |   | (202,551 | ) |   | (202,551 | ) |   | --- |   |   |
| Proceeds                from convertible notes payable                                                                           |   |   |   |   |   | 240,000 |   |   | 240,000 |   |   | --- |   |   |
| Stock                offering costs paid                                                                                         |   |   |   |   |   | (51,047 | ) |   | (51,047 | ) |   | --- |   |   |
| Proceeds                from issuance of common stock and warrants                                                               |   |   |   |   |   | 1,750,000 |   |   | 1,750,000 |   |   | --- |   |   |
| Net                cash provided by financing activities                                                                         |   |   |   |   |   | 1,715,469 |   |   | 1,715,469 |   |   | --- |   |   |
| Net                increase in cash and cash equivalents                                                                         |   | 447,731 |   |   | 497,731 |   |   | 50,000 |   |   |
| Cash                and cash equivalents, beginning of year                                                                      |   | 142,022 |   |   | 41,668 |   |   | (100,354 | ) | (b) |
| Cash                and cash equivalents, end of period                                                                          |   |   |   |   | $ | 589,753 |   | $ | 539,399 |   | $ | (50,354 | ) |   |
|                                                                                                                             |   |   |   |   |
| Reconciliation                of net income to cash flows from operating activities:                                             |   |   |   |   |
| Net                income                                                                                                        |   |   |   |   | $ | 713,357 |   | $ | 465,111 |   | $ | (248,246 | ) |   |
| Adjustments                to reconcile net income to net cash                                                                   |   |   |   |   |   |   |
| (used)                by operating activities:                                                                                   |   |   |   |   |   |   |
| Software                development costs amortized                                                                              |   |   |   |   |   | 397,627 |   |   | 397,627 |   |   | --- |   |   |
| Provision                for bad debts                                                                                           |   |   |   |   |   | 11,066 |   |   | 11,066 |   |   | --- |   |   |
| Stock                and warrants issued for services                                                                            |   |   |   |   |   | 73,700 |   |   | 73,700 |   |   | --- |   |   |
| Rebate                reserve adjustment                                                                                         |   |   |   |   |   | (266,301 | ) |   | --- |   |   | 266,301 |   | (c) |
| Depreciation                and amortization                                                                                     |   |   |   |   |   | 38,615 |   |   | 416,245 |   |   | 377,630 |   | (d) |
| Extraordinary                item                                                                                                |   |   |   |   |   | (1,000,662 | ) |   | --- |   |   | 1,000,662 |   | (e) |
| Debt                forgiveness                                                                                                  |   |   |   |   |   | --- |   |   | (1,000,662 | ) |   | (1,000,662 | ) | (e) |
| Loss                on disposal of property and equipment                                                                        |   |   |   |   |   | 141 |   |   | 141 |   |   | --- |   |   |
| Change                in assets and liabilities:                                                                                 |   |   |   |   |   |   |
| Decrease                in accounts receivable                                                                                   |   |   |   |   |   | 57,887 |   |   | 57,887 |   |   | --- |   |   |
| Decrease                in inventories                                                                                           |   |   |   |   |   | 109,800 |   |   | 109,800 |   |   | --- |   |   |
| (Increase)                in refundable income taxes                                                                             |   |   |   |   |   | (2,948 | ) |   | (2,948 | ) |   | --- |   |   |
| (Increase)                in prepaid expenses                                                                                    |   |   |   |   |   | (114,629 | ) |   | (114,629 | ) |   | --- |   |   |
| (Decrease)                in accrued royalties                                                                                   |   |   |   |   |   | (381,677 | ) |   | (381,677 | ) |   | --- |   |   |
| (Decrease)                in accounts payable                                                                                    |   |   |   |   |   | (407,683 | ) |   | (407,683 | ) |   | --- |   |   |
| (Decrease)                in income taxes payable                                                                                |   |   |   |   |   | (950 | ) |   | (950 | ) |   | --- |   |   |
| Increase                in deferred taxes                                                                                        |   |   |   |   |   | 220,316 |   |   | 90,931 |   |   | (129,385 | ) | (f) |
| (Decrease)                in other liabilities                                                                                   |   |   |   |   |   | (243,048 | ) |   | (509,348 | ) |   | (266,300 | ) | (c) |
| Net                cash (used) by operating activities                                                                           |   |   |   |   | $ | (795,389 | ) | $ | (795,389 | ) | $ | --- |   |   |
|                                                                                                                             |   |   |   |   |
| (a)                Increase                from reclassification of restricted cash as other asset.                              |   |
| (b)                Decrease                from reclassification of beginning restricted cash as other                asset.     |
| (c)                Reclassification                of Rebate reserve adjustment as decrease in other                liabilities. |
| (d)                Additional                software license amortization.                                                      |
| (e)                Reclassify                extraordinary item as debt forgiveness.                                             |
| (f)                Net                income tax effects of additional software                amortization.                     |

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| **Findex.com,                Inc.**                                                                                          |
|------------------------------------------------------------------------------------------------------------------------------|
| **CONSOLIDATED                STATEMENTS OF CASH FLOWS**                                                                     |
| **For                the Nine Months Ended September 30, 2003**                                                              |
| **(Unaudited)**                                                                                                              |
|                                                                                                                         |
|                                                                                                                         |   | **As                Originally Reported** |   |   | **As                Restated** |   |   | **Change** |   |   |
| Cash                flows from operating activities:                                                                         |   |
| Cash                received from customers                                                                                  |   |   |   |   | $ | 3,092,147 |   | $ | 3,092,147 |   | $ | --- |   |   |
| Cash                paid to suppliers and employees                                                                          |   |   |   |   |   | (2,661,410 | ) |   | (2,661,410 | ) |   | --- |   |   |
| Other                operating activities, net                                                                               |   |   |   |   |   | 36,479 |   |   | 36,479 |   |   | --- |   |   |
| Net                cash provided by operating activities                                                                     |   |   |   |   |   | 467,216 |   |   | 467,216 |   |   | --- |   |   |
| Cash                flows from investing activities:                                                                         |   |   |   |   |
| Acquisition                of property and equipment                                                                         |   |   |   |   |   | (8,047 | ) |   | (8,047 | ) |   | --- |   |   |
| Software                development costs                                                                                    |   |   |   |   |   | (366,101 | ) |   | (366,101 | ) |   | --- |   |   |
| Website                development costs                                                                                     |   |   |   |   |   | (30,373 | ) |   | (30,373 | ) |   | --- |   |   |
| Deposits                made                                                                                                 |   |   |   |   |   | (500 | ) |   | (50,500 | ) |   | (50,000 | ) | (a) |
| Net                cash (used) by investing activities                                                                       |   |   |   |   |   | (405,021 | ) |   | (455,021 | ) |   | (50,000 | ) |   |
| Cash                flows from financing activities:                                                                         |   |   |   |   |
| Proceeds                from (payments on) line of credit, net                                                               |   |   |   |   |   | 24,918 |   |   | 24,918 |   |   | --- |   |   |
| Payments                made on long-term notes payable                                                                      |   |   |   |   |   | (37,499 | ) |   | (37,499 | ) |   | --- |   |   |
| Net                cash (used) by financing activities                                                                       |   |   |   |   |   | (12,581 | ) |   | (12,581 | ) |   | --- |   |   |
| Net                increase (decrease) in cash and cash equivalents                                                          |   | 49,614 |   |   | (386 | ) |   | (50,000 | ) |   |
| Cash                and cash equivalents, beginning of year                                                                  |   | 38,651 |   |   | 38,651 |   |   | --- |   |   |
| Cash                and cash equivalents, end of period                                                                      |   |   |   |   | $ | 88,265 |   | $ | 38,265 |   | $ | (50,000 | ) |   |
|                                                                                                                         |   |   |   |   |
| Reconciliation                of net income to cash flows from operating activities:                                         |   |   |   |   |
| Net                income                                                                                                    |   |   |   |   | $ | 492,436 |   | $ | 299,802 |   | $ | (192,634 | ) |   |
| Adjustments                to reconcile net income to net cash                                                               |   |   |   |   |   |   |
| provided                by operating activities:                                                                             |   |   |   |   |   |   |
| Software                development costs amortized                                                                          |   |   |   |   |   | 172,217 |   |   | 172,217 |   |   | --- |   |   |
| Provision                for bad debts                                                                                       |   |   |   |   |   | 4,893 |   |   | 4,893 |   |   | --- |   |   |
| Common                stock and warrants issued for services                                                                 |   |   |   |   |   | 52,750 |   |   | 52,750 |   |   | --- |   |   |
| Depreciation                and amortization                                                                                 |   |   |   |   |   | 74,659 |   |   | 411,041 |   |   | 336,382 |   | (b) |
| Change                in assets and liabilities:                                                                             |   |   |   |   |   |   |
| Decrease                in accounts receivable                                                                               |   |   |   |   |   | 82,175 |   |   | 82,175 |   |   | --- |   |   |
| Decrease                in inventories                                                                                       |   |   |   |   |   | 164,000 |   |   | 164,000 |   |   | --- |   |   |
| Decrease                in refundable income taxes payable                                                                   |   |   |   |   |   | 47,950 |   |   | 47,950 |   |   | --- |   |   |
| (Increase)                in prepaid expenses                                                                                |   |   |   |   |   | (3,716 | ) |   | (3,716 | ) |   | --- |   |   |
| (Decrease)                in accrued royalties                                                                               |   |   |   |   |   | (514,057 | ) |   | (514,057 | ) |   | --- |   |   |
| (Decrease)                in accounts payable                                                                                |   |   |   |   |   | (324,916 | ) |   | (324,916 | ) |   | --- |   |   |
| (Decrease)                in deferred taxes                                                                                  |   |   |   |   |   | (26,100 | ) |   | (169,848 | ) |   | (143,748 | ) | (c) |
| Increase                in other liabilities                                                                                 |   |   |   |   |   | 244,925 |   |   | 244,925 |   |   | --- |   |   |
| Net                cash provided by operating activities                                                                     |   |   |   |   | $ | 467,216 |   | $ | 467,216 |   | $ | --- |   |   |
|                                                                                                                         |   |   |   |   |
| (a)                Reclassification                of restricted cash held by merchant banker as other                asset. |
| (b)                Increase                from additional software license amortization.                                    |
| (c)                Income                tax effects from additional software license                amortization.           |

----

**ITEM        2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION        OR PLAN OF OPERATIONS.**

**GENERAL**

| ·   | Bible                  Study |
|--------------------|------------------------------|

| ·   | Financial/Office                  Management Products for Churches and other Faith-Based                  Ministries |
|--------------------|----------------------------------------------------------------------------------------------------------------------|

| ·   | Print                  & Graphic Products |
|--------------------|-----------------------------------------------|

| ·   | Pastoral                  Products |
|--------------------|------------------------------------|

| ·   | Children’s                  Products |
|--------------------|--------------------------------------------|

| ·   | Language                  Tutorial Products. |
|--------------------|----------------------------------------------|

**RESULTS        OF OPERATIONS**

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**Revenues**

----

**COST        OF SALES**

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|                                                                           |   | **Three                  Months Ended****September                  30,**  | **Nine                  Months Ended****September                  30,** |
|--------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------|--------------------------------------------------------------------------|
|                                                                           |   |                                                                            | 2003                                                           |   |   | **2004** |   |   | 2003 |   |   | **2004** |   |
| Beginning                  balance                                             |   | $                                                                               | 385,746                                                                  |   | **$** | **504,497** |   | $ | 280,502 |   | **$** | **584,706** |   |
| Capitalized                                                                    |   |                                                                            | 152,998                                                                  |   |   | **237,148** |   |   | 366,101 |   |   | **415,196** |   |
| Amortized                  (cost of sales)                                     |   |                                                                            | 64,358                                                                   |   |   | **139,369** |   |   | 172,217 |   |   | **397,626** |   |
| Ending                  balance                                                |   | $                                                                               | 474,386                                                                  |   | **$** | **602,276** |   | $ | 474,386 |   | **$** | **602,276** |   |
|                                                                           |   |                                                                            |                                                                     |   |   |   |   |   |   |   |   |   |   |
| Research                  and development expense (General and administrative) |   | $                                                                               | 18,500                                                                   |   | **$** | **532** |   | $ | 116,294 |   | **$** | **44,228** |   |

**SALES,        GENERAL AND ADMINISTRATIVE **

----

**Amortization**

**INCOME        TAX BENEFITS**

**LIQUIDITY        AND CAPITAL RESOURCES**

----

----

**Signatures**

|                                      |   | **FINDEX.COM,                  INC.**                  |   |
|-------------------------------------------|--------|--------------------------------------------------------|--------|
|                                      |   |                                                   |   |
| Date:                  September 30, 2005 | By     | /s/                  Steven Malone                     |   |
|                                      |   | Steven                  Malone                         |   |
|                                      |   | President                  and Chief Executive Officer |   |

|                                      |   |                                     |   |
|-------------------------------------------|--------|------------------------------------------|--------|
| Date:                  September 30, 2005 | By     | /s/                  Kirk R. Rowland     |   |
|                                      |   | Kirk                  R. Rowland, CPA    |   |
|                                      |   | Chief                  Financial Officer |   |

----