**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION **

**Washington,      D.C. 20549 **

**FORM      10-QSB/A**

**Amendment          No. 4**

| **[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**

----

**TABLE      OF CONTENTS**

|                                                                                                   |                           |
|--------------------------------------------------------------------------------------------------------|--------------------------------|
|                                                                                                   | **Page                Number** |
| **PART                I - FINANCIAL INFORMATION**                                                      |                           |
|                                                                                                   |                           |
| ITEM                1. Financial Statements.                                                           | F-1                            |
| ITEM                2. Management’s Discussion and Analysis or Plan of                Operation. |  1                        |
| ITEM                3. Controls and Procedures.                                                        | 7                              |
|                                                                                                   |                           |
| **PART                II - OTHER INFORMATION**                                                         |                           |
|                                                                                                   |                           |
| ITEM                1. Legal Proceedings.                                                              | 8                              |
| ITEM                2. Unregistered Sales of Equity Securities                and Use of Proceeds.     | 8                              |
| ITEM                3. Defaults Upon Senior                Securities.                                 | 8                              |
| ITEM                4. Submission of Matters to a Vote of Security                Holders.             | 8                              |
| ITEM                5. Other Information.                                                              | 8                              |
| ITEM                6. Exhibits.                                                                       | 9                              |

----

**PART      I - FINANCIAL INFORMATION**

**ITEM      1. FINANCIAL STATEMENTS.**

| **Findex.com,                  Inc.**                             |
|-------------------------------------------------------------------|
| **CONDENSED                  CONSOLIDATED BALANCE SHEETS**        |
| **(Unaudited)**                                                   |
|                                                              |
|                                                              |   |   | **June                  30, 2004** |   |   | June                  30, 2003 |   |
|                                                              |   |   | **(Restated)** |   |   | (Restated) |   |
| **Assets**                                                        |
| Current                  assets:                                  |
| Accounts                  receivable, trade                       |   | **$** | **183,241** |   | $ | 158,700 |   |
| Inventory                                                         |   |   | **161,903** |   |   | 320,100 |   |
| Other                  current assets                             |   |   | **97,326** |   |   | 66,804 |   |
| Total                  current assets                             |   |   | **442,470** |   |   | 545,604 |   |
| Property                  and equipment, net                      |   |   | **63,664** |   |   | 78,163 |   |
| Software                  license, net                            |   |   | **2,517,538** |   |   | 3,021,044 |   |
| Software                  development, net                        |   |   | **504,497** |   |   | 385,746 |   |
| Restricted                  cash                                  |   |   | **100,354** |   |   | 50,000 |   |
| Other                  assets                                     |   |   | **93,805** |   |   | 49,393 |   |
| Total                  assets                                     |   | **$** | **3,722,328** |   | $ | 4,129,950 |   |
|                                                              |
| **Liabilities                  and stockholders’ equity**   |
| Current                  liabilities:                             |
| Cash                  overdraft                                   |   | **$** | **38,990** |   | $ | 12,125 |   |
| Notes                  payable                                    |   |   | **89,999** |   |   | 749,999 |   |
| Accrued                  royalties                                |   |   | **1,203,369** |   |   | 1,595,859 |   |
| Accounts                  payable, trade                          |   |   | **709,415** |   |   | 884,285 |   |
| Current                  maturities of long-term notes payable    |   |   | **175,150** |   |   | 59,302 |   |
| Other                  current liabilities                        |   |   | **679,252** |   |   | 1,236,257 |   |
| Total                  current liabilities                        |   |   | **2,896,175** |   |   | 4,537,827 |   |
| Long-term                  note payable                           |   |   | **65,300** |   |   | 18,801 |   |
| Non-current                  deferred taxes                       |   |   | **777,774** |   |   | 830,381 |   |
| Commitments                  and contingencies                    |
| Stockholders’                  equity:                      |
| Preferred                  stock                                  |   |   | **51** |   |   | 51 |   |
| Common                  stock                                     |   |   | **23,492** |   |   | 19,811 |   |
| Paid-in                  capital                                  |   |   | **7,227,564** |   |   | 7,029,079 |   |
| Retained                  (deficit)                               |   |   | **(7,268,028** | **)** |   | (8,306,000 | ) |
| Total                  stockholders’ equity                 |   |   | **(16,921** | **)** |   | (1,257,059 | ) |
| Total                  liabilities and stockholders’ equity |   | **$** | **3,722,328** |   | $ | 4,129,950 |   |
|                                                              |
| *See                  accompanying notes.*                        |

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Table          of Contents 

| **Findex.com,                  Inc.**                                |
|----------------------------------------------------------------------|
| **CONDENSED                  CONSOLIDATED STATEMENTS OF OPERATIONS** |
| **(Unaudited)**                                                      |
|                                                                 |
|                                                                 |   | **Three                  Months Ended June 30** | **Six                  Months Ended June 30** |
|                                                                 |   |   | **2004** |   |   | 2003 |   |   | **2004** |   |   | 2003 |   |
|                                                                 |   |   | **(Restated)** |   |   | (Restated) |   |   | **(Restated)** |   |   | (Restated) |   |
|                                                                 |
| Revenues,                  net of reserves and allowances            |   | **$** | **1,020,885** |   | $ | 778,634 |   | **$** | **2,653,853** |   | $ | 1,847,475 |   |
| Cost                  of sales                                       |   |   | **271,410** |   |   | 262,322 |   |   | **740,069** |   |   | 561,143 |   |
| Gross                  profit                                        |   |   | **749,475** |   |   | 516,312 |   |   | **1,913,784** |   |   | 1,286,332 |   |
| Operating                  expenses:                                 |
| Sales                  and marketing                                 |   |   | **267,902** |   |   | 155,915 |   |   | **510,501** |   |   | 334,600 |   |
| General                  and administrative                          |   |   | **615,895** |   |   | 344,269 |   |   | **1,171,574** |   |   | 814,074 |   |
| Bad                  debt provision                                  |   |   | **---** |   |   | --- |   |   | **2,500** |   |   | --- |   |
| Depreciation                  and amortization                       |   |   | **139,187** |   |   | 136,902 |   |   | **274,639** |   |   | 274,002 |   |
| Total                  operating expenses                            |   |   | **1,022,984** |   |   | 637,086 |   |   | **1,959,214** |   |   | 1,422,676 |   |
| Loss                  from operations                                |   |   | **(273,509** | **)** |   | (120,774 | ) |   | **(45,430** | **)** |   | (136,344 | ) |
| Other                  income                                        |   |   | **1,170** |   |   | 583,628 |   |   | **1,170** |   |   | 584,612 |   |
| Other                  expenses, net                                 |   |   | **(17,358** | **)** |   | (22,557 | ) |   | **(31,688** | **)** |   | (37,354 | ) |
| Income                  (loss) before income taxes                   |   |   | **(289,697** | **)** |   | 440,297 |   |   | **(75,948** | **)** |   | 410,914 |   |
| Provision                  for income taxes                          |   |   | **(31,011** | **)** |   | 56,616 |   |   | **(61,322** | **)** |   | 113,232 |   |
| Net                  income (loss)                                   |   | **$** | **(320,708** | **)** | $ | 496,913 |   |   | **(137,270** | **)** |   | 524,146 |   |
| Retained                  (deficit) at beginning of year             |   |   |   |   | **(7,130,758** | **)** |   | (8,830,146 | ) |
| Retained                  (deficit) at end of period                 |   |   |   |   |   |  |   | **$** | **(7,268,028** | **)** | $ | (8,306,000 | ) |
|                                                                 |
| Net                  earnings (loss) per share:                      |
| Basic                                                                |   | **$** | **(0.01** | **)** | $ | 0.03 |   | **$** | **(0.01** | **)** | $ | 0.03 |   |
| Diluted                                                              |   | **$** | **(0.01** | **)** | $ | 0.02 |   | **$** | **(0.01** | **)** | $ | 0.03 |   |
|                                                                 |
| Weighted                  average shares outstanding:                |
| Basic                                                                |   |   | **23,276,312** |   |   | 19,811,438 |   |   | **22,143,875** |   |   | 19,811,438 |   |
| Diluted                                                              |   |   | **23,276,312** |   |   | 20,078,401 |   |   | **22,143,875** |   |   | 20,069,385 |   |
|                                                                 |
| *See                  accompanying notes.*                           |

----

Table          of Contents 

| **Findex.com,                  Inc.**                                                                          |
|----------------------------------------------------------------------------------------------------------------|
| **CONSOLIDATED                  STATEMENTS OF CASH FLOWS**                                                     |
| **(Unaudited)**                                                                                                |
|                                                                                                           |
| **Six                  Months Ended June 30**                                                                  |   |   | **2004** |   |   | 2003 |   |
|                                                                                                           |   |   | **(Restated)** |   |   | (Restated) |   |
| Cash                  flows from operating activities:                                                         |
| Cash                  received from customers                                                                  |   | **$** | **2,639,964** |   | $ | 2,045,624 |   |
| Cash                  paid to suppliers and employees                                                          |   |   | **(2,409,585** | **)** |   | (1,861,189 | ) |
| Other                  operating activities, net                                                               |   |   | **(28,166** | **)** |   | 21,611 |   |
| Net                  cash provided by operating activities                                                     |   |   | **202,213** |   |   | 206,046 |   |
| Cash                  flows from investing activities:                                                         |
| Acquisition                  of property and equipment                                                         |   |   | **(18,612** | **)** |   | (6,643 | ) |
| Software                  development costs                                                                    |   |   | **(178,049** | **)** |   | (145,666 | ) |
| Website                  development costs                                                                     |   |   | **(31,836** | **)** |   | (21,056 | ) |
| Deposits                  made                                                                                 |   |   | **(485** | **)** |   | (50,500 | ) |
| Net                  cash (used) by investing activities                                                       |   |   | **(228,982** | **)** |   | (223,865 | ) |
| Cash                  flows from financing activities:                                                         |
| Payments                  on line of credit, net                                                               |   |   | **(2,999** | **)** |   | (5,016 | ) |
| Cash                  overdraft                                                                                |   |   | **38,990** |   |   | 12,125 |   |
| Payments                  made on long-term notes payable                                                      |   |   | **(50,890** | **)** |   | (27,941 | ) |
| Net                  cash (used) by financing activities                                                       |   |   | **(14,899** | **)** |   | (20,832 | ) |
| Net                  (decrease) in cash and cash equivalents                                                   |   |   | **(41,668** | **)** |   | (38,651 | ) |
| Cash                  and cash equivalents, beginning of year                                                  |   |   | **41,668** |   |   | 38,651 |   |
| Cash                  and cash equivalents, end of period                                                      |   | **$** | **---** |   | $ | --- |   |
|                                                                                                           |
| Reconciliation                  of net income (loss) to cash flows from operating                  activities: |
| Net                  income (loss)                                                                             |   | **$** | **(137,270** | **)** | $ | 524,146 |   |
| Adjustments                  to reconcile net income (loss) to net cash                                        |   |   |
| provided                  by operating activities:                                                             |   |   |
| Software                  development costs amortized                                                          |   |   | **258,258** |   |   | 40,422 |   |
| Provision                  for bad debts                                                                       |   |   | **2,500** |   |   | --- |   |
| Stock                  and warrants issued for services                                                        |   |   | **44,186** |   |   | --- |   |
| Rebate                  reserve adjustment                                                                     |   |   | **124,262** |   |   | (14,793 | ) |
| Depreciation                  and amortization                                                                 |   |   | **274,639** |   |   | 274,002 |   |
| Change                  in assets and liabilities:                                                             |   |   |
| Decrease                  in accounts receivable                                                               |   |   | **180,062** |   |   | 69,541 |   |
| Decrease                  in inventories                                                                       |   |   | **110,697** |   |   | 96,600 |   |
| Decrease                  in refundable income taxes                                                           |   |   | **---** |   |   | 29,148 |   |
| (Increase)                  in prepaid expenses                                                                |   |   | **(75,406** | **)** |   | (9,254 | ) |
| (Decrease)                  in accrued royalties                                                               |   |   | **(204,937** | **)** |   | (534,754 | ) |
| (Decrease)                  in accounts payable                                                                |   |   | **(174,708** | **)** |   | (187,278 | ) |
| Increase                  in income taxes payable                                                              |   |   | **700** |   |   | --- |   |
| Increase                  (decrease) in deferred taxes                                                         |   |   | **60,622** |   |   | (113,232 | ) |
| Increase                  (decrease) in other liabilities                                                      |   |   | **(261,392** | **)** |   | 31,498 |   |
| Net                  cash provided by operating activities                                                     |   | **$** | **202,213** |   | $ | 206,046 |   |
|                                                                                                           |
| *See                  accompanying notes.*                                                                     |

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Table          of Contents 

**FindEx.com,      Inc.**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**June      30, 2004**

**(**
**UNAUDITED**
**)**

**NOTE      1 - BASIS OF PRESENTATION**

**Inventory**

**Software      Development Costs**

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

**Derivatives,            (Restated)**

*Accounting for Derivative Financial Instruments Indexed                to, and Potentially Settled in, a Company’s Own Stock*

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Table          of Contents 

**NOTE      2 - INVENTORIES, (Restated)**

|                          |   |   | **2004**    |   |   | 2003    |   |
|-------------------------------|--------|--------|-------------|--------|--------|---------|--------|
| Raw                materials  |   | **$**  | **67,000**  |   | $      | 103,000 |   |
| Finished                goods |   |   | **94,903**  |   |   | 217,100 |   |
|                          |   | **$**  | **161,903** |   | $      | 320,100 |   |

**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** |   |   | 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** |   |   | 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                466,666 restricted common shares. |   |   | **23,333** |   |   | 33,333  |   |
|                                                                                                                                                                                                                                             |   | **$**  | **89,999** |   | $      | 749,999 |   |

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

|                                                                                                                                                                                 |   |   | **2004**    |   |   | 2003   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-------------|--------|--------|--------|--------|
| Unsecured                term note payable to a corporation due October 2004 in monthly                installments of $5,285, including interest at 8%.                             |   | **$**  | **44,093**  |   | $      | 78,103 |   |
|                                                                                                                                                                                 |   |   |        |   |   |   |   |
| Term                note payable to a corporation due December 2005 in monthly installments                of                $6,833, including interest at 8%. Secured by inventory. |   |   | **116,994** |   |   | ---    |   |
|                                                                                                                                                                                 |   |   |        |   |   |   |   |
| Unsecured                term note payable to a corporation due March 2006 in monthly installments                of $4,384, including interest at 8%.                               |   |   | **79,363**  |   |   | ---    |   |
|                                                                                                                                                                                 |   |   | **240,450** |   |   | 78,103 |   |
| Less                current maturities                                                                                                                                               |   |   | **175,150** |   |   | 59,302 |   |
|                                                                                                                                                                                 |   | **$**  | **65,300**  |   | $      | 18,801 |   |

| 2005   |   | $      | 175,150 |   |
|--------|--------|--------|---------|--------|
| 2006   |   |   | 65,300  |   |
|   |   | $      | 240,450 |   |

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Table          of Contents 

**NOTE      5 - INCOME TAXES, (Restated)**

|                                       |   | **Three                months ended June 30,** | **Six                months ended June 30,** |
|--------------------------------------------|--------|------------------------------------------------|----------------------------------------------|
|                                       |   |                                           | **2004**                                     |   |   | 2003 |   |   | **2004** |   |   | 2003 |   |
| Current:                                   |   |                                           |                                         |   |   |   |   |   |   |   |   |   |   |
| Federal                                    |   | **$**                                          | **---**                                      |   | $ | --- |   | **$** | **---** |   | $ | --- |   |
| State                                      |   |                                           | **(700**                                     | **)** |   | --- |   |   | **(700** | **)** |   | --- |   |
|                                       |   |                                           | **(700**                                     | **)** |   | --- |   |   | **(700** | **)** |   | --- |   |
| Deferred:                                  |   |                                           |                                         |   |   |   |   |   |   |   |   |   |   |
| Federal                                    |   |                                           | **(25,001**                                  | **)** |   | 46,304 |   |   | **(50,002** | **)** |   | 92,608 |   |
| State                                      |   |                                           | **(5,310**                                   | **)** |   | 10,312 |   |   | **(10,620** | **)** |   | 20,624 |   |
|                                       |   |                                           | **(30,311**                                  | **)** |   | 56,616 |   |   | **(60,622** | **)** |   | 113,232 |   |
| Total                tax (expense) benefit |   | **$**                                          | **(31,011**                                  | **)** | $ | 56,616 |   | **$** | **(61,322** | **)** | $ | 113,232 |   |

**NOTE      6 - EARNINGS PER COMMON SHARE, (Restated)**

| **Three                months ended June 30**                     |   |   | **2004**       |   |   | 2003       |   |
|-------------------------------------------------------------------|--------|--------|----------------|--------|--------|------------|--------|
| Net                Income (loss)                                  |   | **$**  | **(320,708**   | **)**  | $      | 496,913    |   |
| Preferred                stock dividends                          |   |   | ---            |   |   | ---        |   |
| Net                income (loss) available to common shareholders |   | **$**  | **(320,708**   | **)**  | $      | 496,913    |   |
|                                                              |   |   |           |   |   |       |   |
| Basic                weighted average shares outstanding          |   |   | **23,276,312** |   |   | 19,811,438 |   |
| Dilutive                effect of:                                |   |   |           |   |   |       |   |
| Stock                options                                      |   |   | ---            |   |   | ---        |   |
| Convertible                preferred series A                     |   |   | ---            |   |   | 114,000    |   |
| Convertible                preferred series B                     |   |   | ---            |   |   | 40,000     |   |
| Warrants                                                          |   |   | ---            |   |   | 112,963    |   |
| Diluted                weighted average shares outstanding        |   |   | **23,276,312** |   |   | 20,078,401 |   |
|                                                              |
| Earnings                (loss) per share:                         |   |   |           |   |   |       |   |
| Basic                                                             |   | **$**  | **(0.01**      | **)**  | $      | 0.03       |   |
| Diluted                                                           |   | **$**  | **(0.01**      | **)**  | $      | 0.02       |   |

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Table          of Contents 

| **Six                months ended June 30**                       |   |   | **2004**       |        |   | 2003       |   |
|-------------------------------------------------------------------|--------|--------|----------------|-------------|--------|------------|--------|
| Net                Income (loss)                                  |   | **$**  | **(137,270**   | **)**       | $      | 524,146    |   |
| Preferred                stock dividends                          |   |   | **---**        |        |   | ---        |   |
| Net                income (loss) available to common shareholders |   | **$**  | **(137,270**   | **)**       | $      | 524,146    |   |
|                                                              |   |   |           |        |   |       |   |
| Basic                weighted average shares outstanding          |   |   | **22,143,875** |        |   | 19,811,438 |   |
| Dilutive                effect of:                                |   |   |           |        |   |       |   |
| Stock                options                                      |   |   | **---**        |        |   | ---        |   |
| Convertible                preferred series A                     |   |   | **---**        |        |   | 114,000    |   |
| Convertible                preferred series B                     |   |   | **---**        |        |   | 40,000     |   |
| Warrants                                                          |   |   | **---**        |        |   | 103,947    |   |
| Diluted                weighted average shares outstanding        |   |   | **22,143,875** |        |   | 20,069,385 |   |
|                                                              |   |   |           |        |   |       |   |
| Earnings                (loss) per share:                         |   |   |           |        |   |       |   |
| Basic                                                             |   | **$**  | **(0.01**      | **)**  | $      | 0.03       |   |
| Diluted                                                           |   | **$**  | **(0.01**      | **) ** | $      | 0.03       |   |

**NOTE      **
**7      - STOCK-BASED COMPENSATION, (Restated)**

|                                                        |   | **Three                months ended June 30,** | **Six                months ended June 30,** |
|-------------------------------------------------------------|--------|------------------------------------------------|----------------------------------------------|
|                                                        |   |                                           | **2004**                                     |   |   | 2003 |   |   | **2004** |   |   | 2003 |   |
| Net                income (loss), as reported               |   | **$**                                          | **(320,708**                                 | **)** | $ | 496,913 |   | **$** | **(137,270** | **)** | $ | 524,146 |   |
| Pro                Forma compensation charge under SFAS 123 |   |                                           | **(13,696**                                  | **)** |   | (15,722 | ) |   | **(26,307** | **)** |   | (31,444 | ) |
| Pro                Forma net income (loss)                  |   | **$**                                          | **(334,404**                                 | **)** | $ | 481,191 |   | **$** | **(163,577** | **)** | $ | 492,702 |   |
|                                                        |
| Earnings                (loss) per share:                   |   |                                           |                                         |   |   |   |   |   |   |   |   |   |   |
| Basic                - as reported                          |   | **$**                                          | **(0.01**                                    | **)** | $ | 0.03 |   | **$** | **(0.01** | **)**  | $ | 0.03 |   |
| Basic                - pro forma                            |   | **$**                                          | **(0.01**                                    | **)** | $ | 0.02 |   | **$** | **(0.01** | **)**  | $ | 0.02 |   |
|                                                        |   |                                           |                                         |   |   |   |   |   |   |   |   |   |   |
| Diluted                - as reported                        |   | **$**                                          | **(0.01**                                    | **)** | $ | 0.02 |   | **$** | **(0.01** | **)**  | $ | 0.03 |   |
| Diluted                - pro forma                          |   | **$**                                          | **(0.01**                                    | **)** | $ | 0.02 |   | **$** | **(0.01** | **)**  | $ | 0.02 |   |

**NOTE        8 - COMMITMENTS AND CONTINGENCIES, (Restated)**

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Table              of Contents 

**NOTE      9 - RISKS AND UNCERTAINTIES**

**NOTE      10 - GOING CONCERN**

**NOTE      11 - SUBSEQUENT EVENTS**

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Table          of Contents 

**NOTE      12 - RESTATEMENT AND RECLASSIFICATION**

| ·   | In                  June 1999 we entered into a certain software license agreement                  with                  Parsons Technology, Inc. to manufacturer, distribute and sell a                  variety of                  software titles, including QuickVerse®                  and Membership Plus®,                  by far our two largest selling titles. During the three month period                  ended                  June 30, 2002, we offset the remaining unpaid installment of $1,051,785                  against the carrying amount of the 1999 license in accordance with                  the                  terms of the tentative settlement agreement with The Learning Company                  (“TLC”), the licensor-assignee at the time. Although paragraph 6 of 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 proper. Therefore, we recognized the extinguishment                  of the                  liability owed to TLC as income in the 2002 statement of operations.                  We                  have restated the condensed consolidated balance sheets as of June                  30,                  2004 and 2003 and the condensed consolidated statements of operations                  and                  consolidated statements of cash flows for the three and six months                  then                  ended. |
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| ·   | During                      the three month period ended June 30, 2002, we extended the                      estimated life                      of the 1999 license from 10 years to 50 years in accordance                      with the terms                      of a tentative settlement agreement with TLC. Although the                      1999 license,                      as amended, provides for our unlimited and exclusive use of                      the trademarks                      related to the licensed products, and our management assessed                      its useful                      life as indefinite based on the estimated future direct or                      indirect cash                      flows from the license, as determined in accordance with paragraphs                      11 and                      53 of SFAS No. 142, *Goodwill                      and Other Intangible Assets*,                      our management has since concluded that a 10 year life is appropriate                      on                      the basis of, among other things, on our going concern opinions                      for the                      years ended December 31, 2002 and 2003. We have restated our                      condensed                      consolidated balance sheets as of June 30, 2004 and 2003 and                      our condensed                      consolidated statements of operations and consolidated statements                      of cash                      flows for the three and six months then                      ended. |
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| ·   | We                  had previously, and erroneously, included rebates, and adjustments                  to                  rebates, as part of our sales and marketing expenses. The more                  appropriate                  presentation should have been, and is now, an adjustment to revenue,                  as in                  accordance with EITF 01-09, *Accounting                  for Consideration Given by a Vendor to a Customer (Including a                  Reseller of                  the Vendor’s Products)*.                  During the three months ended June 30, 2004, we recorded an adjustment                  to                  our rebates reserve in the amount of $266,301 and an adjustment                  to rebates                  payable in the amount of $12,599. Upon reassessment of the adequacy                  of our                  reserve at December 31, 2003, we have allocated $124,262 of the                  total                  adjustment to fiscal year 2003 with $14,793 allocated to the three                  months                  ended June 30, 2003, $50,297 allocated to the three months ended                  September                  30, 2003 and $59,172 allocated to the three months ended December                  31, 2003                  and $142,039 to fiscal year 2004 with $66,575 allocated to the                  three                  months ended March 31, 2004 and $75,464 allocated to the three                  months                  ended June 30, 2004. These adjustments resulted from a change in                  our                  internal control over financial reporting. Previously, when making                  our                  assessment of the adequacy of our reserve for rebates, we did not                  take                  into consideration the amount and number of outstanding checks,                  issued                  checks that were returned as undeliverable, or our ability to meet                  our                  recorded financial obligation. We changed our internal control                  procedures                  to include review of each of these factors in our assessment of                  the                  adequacy of the reserve for rebates. We have restated the condensed                  consolidated balance sheets as of June 30, 2004 and 2003 and the                  condensed                  consolidated statements of operations and consolidated statements                  of cash                  flows for the three and six months then                  ended. |
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| ·   | During                  the three months ended March 31, 2004 and 2003, we wrote-off two                  distinctly different categories of obsolete inventory with a carried                  cost                  totaling $32,396 and $31,892, respectively. The 2004 obsolete inventory                  write-off contained Zondervan-owned content and was a direct result                  of our                  March 2004 settlement with Zondervan (see Note 11). We originally                  recorded                  these events as non-recurring items in the other income (expense)                  section                  of the consolidated statements of operations. We have revised condensed                  consolidated statements of operations for the three and six months                  ended                  June 30, 2004 and 2003 to reflect these inventory adjustments in                  the cost                  of sales section. There was no net effect on our net income (loss)                  for the                  three and six months ended June 30, 2004 and 2003 as a result of                  our                  correction of this error. |
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| ·   | During                  the three months ended June 30, 2004, 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 revealed that accrued royalties had been overstated                  due to our 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                  reported the adjustment as a non-recurring item in the other income                  (expense) section of our condensed consolidated statements of operations                  for the three and six months ended June 30, 2003. We have revised                  our                  condensed consolidated statements of operations for the three and                  six                  months ended June 30, 2003 to reflect the adjustment as other income.                  There was no net effect on the net income (loss) for the three                  and six                  months ended June 30, 2003 as a result of our correction of this                  error. |
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| ·   | Rebates                        payable to a third-party processor were overstated on our                        consolidated                        financial statements for the year ended December 31, 2000.                        We discovered                        this error during the preparation of our condensed consolidated                        financial                        statements for the three months ended March 31, 2004. We                        originally                        recorded the error correction as an adjustment to our beginning                        retained                        earnings for the year ended December 31, 2003 in our fiscal                        year 2004                        quarterly and annual filings. We have since revised our consolidated                        statements of operations for the year ended December 31,                        2000 to reflect                        an adjustment to revenue and reported the correction on Form                        10-KSB/A for                        the year then ended. There was no net effect on our net income                        (loss) for                        the three and six months ended June 30, 2004 and 2003 or                        retained earnings                        (deficit) at June 30, 2004 and 2003 as a result of our correction                        of this                        error. |
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| ·   | We                      have also reclassified various other expense items in our condensed                      consolidated statements of operations for the three and six                      months ended                      June 30, 2004 and 2003 to conform to 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 six months                      ended                      June 30, 2004 and 2003 as a result of our correction of this                      error. |
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| **Findex.com,                  Inc.**                                                                                                                                                                                                                                                     |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **CONDENSED                  CONSOLIDATED BALANCE SHEETS**                                                                                                                                                                                                                                |
| **June                  30, 2004**                                                                                                                                                                                                                                                        |
| **(Unaudited)**                                                                                                                                                                                                                                                                           |
|                                                                                                                                                                                                                                                                                      |
|                                                                                                                                                                                                                                                                                      |   | **As                  Originally Reported** |   |   | **As                  Restated** |   |   | **Change** |   |   |
| **Assets**                                                                                                                                                                                                                                                                                |
| Current                  assets:                                                                                                                                                                                                                                                          |   |
| Cash                  and cash equivalents                                                                                                                                                                                                                                                |   |   |   |   | $ | 61,364 |   | $ | --- |   | $ | (61,364 | ) | (a) |
| Accounts                  receivable, trade                                                                                                                                                                                                                                               |   |   |   |   |   | 183,241 |   |   | 183,241 |   |   | --- |   |   |
| Inventory                                                                                                                                                                                                                                                                                 |   |   |   |   |   | 161,903 |   |   | 161,903 |   |   | --- |   |   |
| Other                  current assets                                                                                                                                                                                                                                                     |   |   |   |   |   | 97,326 |   |   | 97,326 |   |   | --- |   |   |
| Total                  current assets                                                                                                                                                                                                                                                     |   |   |   |   |   | 503,834 |   |   | 442,470 |   |   | (61,364 | ) |   |
| Property                  and equipment, net                                                                                                                                                                                                                                              |   | 63,664 |   |   | 63,664 |   |   | --- |   |   |
| Software                  license, net                                                                                                                                                                                                                                                    |   | 2,513,158 |   |   | 2,517,538 |   |   | 4,380 |   | (b) |
| Software                  development, net                                                                                                                                                                                                                                                |   | 504,497 |   |   | 504,497 |   |   | --- |   |   |
| Restricted                  cash                                                                                                                                                                                                                                                          |   | --- |   |   | 100,354 |   |   | 100,354 |   | (a) |
| Other                  assets                                                                                                                                                                                                                                                             |   | 93,805 |   |   | 93,805 |   |   | --- |   |   |
| Total                  assets                                                                                                                                                                                                                                                             |   |   |   |   | $ | 3,678,958 |   | $ | 3,722,328 |   | $ | 43,370 |   |   |
|                                                                                                                                                                                                                                                                                      |   |
| **Liabilities                  and stockholders’ equity**                                                                                                                                                                                                                           |
| Current                  liabilities:                                                                                                                                                                                                                                                     |   |
| Cash                  overdraft                                                                                                                                                                                                                                                           |   |   |   |   | $ | --- |   | $ | 38,990 |   | $ | 38,990 |   | (a) |
| Notes                  payable                                                                                                                                                                                                                                                            |   |   |   |   |   | 89,999 |   |   | 89,999 |   |   | --- |   |   |
| Accrued                  royalties                                                                                                                                                                                                                                                        |   |   |   |   |   | 1,203,369 |   |   | 1,203,369 |   |   | --- |   |   |
| Accounts                  payable, trade                                                                                                                                                                                                                                                  |   |   |   |   |   | 709,415 |   |   | 709,415 |   |   | --- |   |   |
| Current                  maturities of long-term notes payable                                                                                                                                                                                                                            |   |   |   |   |   | 175,150 |   |   | 175,150 |   |   | --- |   |   |
| Other                  current liabilities                                                                                                                                                                                                                                                |   |   |   |   |   | 679,252 |   |   | 679,252 |   |   | --- |   |   |
| Total                  current liabilities                                                                                                                                                                                                                                                |   |   |   |   |   | 2,857,185 |   |   | 2,896,175 |   |   | 38,990 |   |   |
| Long-term                  note payable                                                                                                                                                                                                                                                   |   | 65,300 |   |   | 65,300 |   |   | --- |   |   |
| Non-current                  deferred taxes                                                                                                                                                                                                                                               |   | 1,052,932 |   |   | 777,774 |   |   | (275,158 | ) | (c) |
| Commitments                  and contingencies                                                                                                                                                                                                                                            |   |
| Stockholders’                  equity:                                                                                                                                                                                                                                              |   |
| Preferred                  stock                                                                                                                                                                                                                                                          |   |   |   |   |   | 51 |   |   | 51 |   |   | --- |   |   |
| Common                  stock                                                                                                                                                                                                                                                             |   |   |   |   |   | 23,492 |   |   | 23,492 |   |   | --- |   |   |
| Paid-in                  capital                                                                                                                                                                                                                                                          |   |   |   |   |   | 7,227,564 |   |   | 7,227,564 |   |   | --- |   |   |
| Retained                  (deficit)                                                                                                                                                                                                                                                       |   |   |   |   |   | (7,547,566 | ) |   | (7,268,028 | ) |   | 279,538 |   |   |
| Total                  stockholders’ equity                                                                                                                                                                                                                                         |   |   |   |   |   | (296,459 | ) |   | (16,921 | ) |   | 279,538 |   |   |
| Total                  liabilities and stockholders’ equity                                                                                                                                                                                                                         |   |   |   |   | $ | 3,678,958 |   | $ | 3,722,328 |   | $ | 43,370 |   |   |
|                                                                                                                                                                                                                                                                                      |
| (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.                                                                                                    |

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| **Findex.com,                  Inc.**                                                                                                                                                                                                                                                     |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **CONDENSED                  CONSOLIDATED BALANCE SHEETS**                                                                                                                                                                                                                                |
| **June                  30, 2003**                                                                                                                                                                                                                                                        |
| **(Unaudited)**                                                                                                                                                                                                                                                                           |
|                                                                                                                                                                                                                                                                                      |
|                                                                                                                                                                                                                                                                                      |   | **As                  Originally Reported** |   |   | **As                  Restated** |   |   | **Change** |   |   |
| **Assets**                                                                                                                                                                                                                                                                                |
| Current                  assets:                                                                                                                                                                                                                                                          |   |
| Cash                  and cash equivalents                                                                                                                                                                                                                                                |   |   |   |   | $ | 37,876 |   | $ | --- |   | $ | (37,876 | ) | (a) |
| Accounts                  receivable, trade                                                                                                                                                                                                                                               |   |   |   |   |   | 158,700 |   |   | 158,700 |   |   | --- |   |   |
| Inventory                                                                                                                                                                                                                                                                                 |   |   |   |   |   | 320,100 |   |   | 320,100 |   |   | --- |   |   |
| Other                  current assets                                                                                                                                                                                                                                                     |   |   |   |   |   | 66,804 |   |   | 66,804 |   |   | --- |   |   |
| Total                  current assets                                                                                                                                                                                                                                                     |   |   |   |   |   | 583,480 |   |   | 545,604 |   |   | (37,876 | ) |   |
| Property                  and equipment, net                                                                                                                                                                                                                                              |   | 78,163 |   |   | 78,163 |   |   | --- |   |   |
| Software                  license, net                                                                                                                                                                                                                                                    |   | 2,529,896 |   |   | 3,021,044 |   |   | 491,148 |   | (b) |
| Software                  development, net                                                                                                                                                                                                                                                |   | 385,746 |   |   | 385,746 |   |   | --- |   |   |
| Restricted                  cash                                                                                                                                                                                                                                                          |   | --- |   |   | 50,000 |   |   | 50,000 |   | (a) |
| Other                  assets                                                                                                                                                                                                                                                             |   | 49,393 |   |   | 49,393 |   |   | --- |   |   |
| Total                  assets                                                                                                                                                                                                                                                             |   |   |   |   | $ | 3,626,678 |   | $ | 4,129,950 |   | $ | 503,272 |   |   |
|                                                                                                                                                                                                                                                                                      |   |
| **Liabilities                  and stockholders’ equity**                                                                                                                                                                                                                           |
| Current                  liabilities:                                                                                                                                                                                                                                                     |   |
| Cash                  overdraft                                                                                                                                                                                                                                                           |   |   |   |   | $ | --- |   | $ | 12,125 |   | $ | 12,125 |   | (a) |
| Notes                  payable                                                                                                                                                                                                                                                            |   |   |   |   |   | 749,999 |   |   | 749,999 |   |   | --- |   |   |
| Accrued                  royalties                                                                                                                                                                                                                                                        |   |   |   |   |   | 1,595,859 |   |   | 1,595,859 |   |   | --- |   |   |
| Accounts                  payable, trade                                                                                                                                                                                                                                                  |   |   |   |   |   | 983,232 |   |   | 884,285 |   |   | (98,947 | ) | (c) |
| Current                  maturities of long-term notes payable                                                                                                                                                                                                                            |   |   |   |   |   | 59,302 |   |   | 59,302 |   |   | --- |   |   |
| Other                  current liabilities                                                                                                                                                                                                                                                |   |   |   |   |   | 1,251,050 |   |   | 1,236,257 |   |   | (14,793 | ) | (e) |
| Total                  current liabilities                                                                                                                                                                                                                                                |   |   |   |   |   | 4,639,442 |   |   | 4,537,827 |   |   | (101,615 | ) |   |
| Long-term                  note payable                                                                                                                                                                                                                                                   |   | 18,801 |   |   | 18,801 |   |   | --- |   |   |
| Non-current                  deferred taxes                                                                                                                                                                                                                                               |   | 1,067,494 |   |   | 830,381 |   |   | (237,113 | ) | (d) |
| Commitments                  and contingencies                                                                                                                                                                                                                                            |   |
| Stockholders’                  equity:                                                                                                                                                                                                                                              |   |
| Preferred                  stock                                                                                                                                                                                                                                                          |   |   |   |   |   | 51 |   |   | 51 |   |   | --- |   |   |
| Common                  stock                                                                                                                                                                                                                                                             |   |   |   |   |   | 19,811 |   |   | 19,811 |   |   | --- |   |   |
| Paid-in                  capital                                                                                                                                                                                                                                                          |   |   |   |   |   | 7,029,079 |   |   | 7,029,079 |   |   | --- |   |   |
| Retained                  (deficit)                                                                                                                                                                                                                                                       |   |   |   |   |   | (9,148,000 | ) |   | (8,306,000 | ) |   | 842,000 |   |   |
| Total                  stockholders’ equity                                                                                                                                                                                                                                         |   |   |   |   |   | (2,099,059 | ) |   | (1,257,059 | ) |   | 842,000 |   |   |
| Total                  liabilities and stockholders’ equity                                                                                                                                                                                                                         |   |   |   |   | $ | 3,626,678 |   | $ | 4,129,950 |   | $ | 503,272 |   |   |
|                                                                                                                                                                                                                                                                                      |
| (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.                                                                                                    |
| (e)                  Reallocation                  and reclassification of rebate adjustment to periods ended June                  30, 2003,                  September 30, 2003, December 31, 2003, March 31, 2004 and June                  30,                  2004.                 |

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| **Findex.com,                  Inc.**                                                                                                                                                                                                                                                                                                                                                                                                   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **CONDENSED                  CONSOLIDATED STATEMENTS OF OPERATIONS**                                                                                                                                                                                                                                                                                                                                                                    |
| **Six                  Months Ended June 30, 2004**                                                                                                                                                                                                                                                                                                                                                                                     |
| **(Unaudited)**                                                                                                                                                                                                                                                                                                                                                                                                                         |
|                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | **As                  Originally Reported** |   |   | **As                  Restated** |   |   | **Change** |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| Revenues,                  net of reserves and allowances                                                                                                                                                                                                                                                                                                                                                                               | $ | 2,499,215 |   | $ | 2,653,853 |   | $ | 154,638 |   | (a) |
| Cost                  of sales                                                                                                                                                                                                                                                                                                                                                                                                          |   | 630,791 |   |   | 740,069 |   |   | 109,278 |   | (b) |
| Gross                  profit                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   | 1,868,424 |   |   | 1,913,784 |   |   | 45,360 |   |   |
| Operating                  expenses:                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| Sales                  and marketing                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   | 497,049 |   |   | 510,501 |   |   | 13,452 |   | (c) |
| General                  and administrative                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   |   | 1,249,306 |   |   | 1,171,574 |   |   | (77,732 | ) | (d) |
| Inventory                  write down                                                                                                                                                                                                                                                                                                                                                                                                   |   |   |   |   |   | 32,396 |   |   | --- |   |   | (32,396 | ) | (e) |
| Rebate                  reserve adjustment                                                                                                                                                                                                                                                                                                                                                                                              |   |   |   |   |   | (266,301 | ) |   | --- |   |   | 266,301 |   | (f) |
| Bad                  debt provision                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   | 2,500 |   |   | 2,500 |   |   | --- |   |   |
| Depreciation                  and amortization                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   | 22,886 |   |   | 274,639 |   |   | 251,753 |   | (g) |
| Total                  operating expenses                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   | 1,537,836 |   |   | 1,959,214 |   |   | 421,378 |   |   |
| Earnings                  (loss) from operations                                                                                                                                                                                                                                                                                                                                                                                        |   | 330,588 |   |   | (45,430 | ) |   | (376,018 | ) |   |
| Other                  income                                                                                                                                                                                                                                                                                                                                                                                                           |   | --- |   |   | 1,170 |   |   | 1,170 |   | (h) |
| Other                  expenses, net                                                                                                                                                                                                                                                                                                                                                                                                    |   | (30,518 | ) |   | (31,688 | ) |   | (1,170 | ) | (h) |
| Income                  (loss) before income taxes                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |   | 300,070 |   |   | (75,948 | ) |   | (376,018 | ) |   |
| Provision                  for income taxes                                                                                                                                                                                                                                                                                                                                                                                             |   | (2,305 | ) |   | (61,322 | ) |   | (59,017 | ) | (i) |
| Net                  income (loss)                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   | $ | 297,765 |   | $ | (137,270 | ) | $ | (435,035 | ) |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| Net                  earnings (loss) per share:                                                                                                                                                                                                                                                                                                                                                                                         |   |
| Basic                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |   |   |   | $ | 0.01 |   | $ | (0.01 | ) | $ | (0.02 | ) |   |
| Diluted                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   | $ | 0.01 |   | $ | (0.01 | ) | $ | (0.02 | ) |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| Weighted                  average shares outstanding:                                                                                                                                                                                                                                                                                                                                                                                   |   |
| Basic                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |   |   |   |   | 22,143,875 |   |   | 22,143,875 |   |   | --- |   |   |
| Diluted                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   |   | 23,821,007 |   |   | 22,143,875 |   |   | (1,677,132 | ) | (j) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| (a)                  Increase                  from reclassification of rebate reserve adjustment from Sales and                  marketing expenses.                                                                                                                                                                                                                                                                                   |
| (b)                  Increase                  from reclassification of non-capitalized technical support wages                  from                  General and administrative                  expenses, reclassification of fulfillment costs from Sales and                  marketing                  expenses, and reclassification                  of Inventory write down expense from operating                  expenses. |
| (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 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 Other income.                                                                                                                                                                                                                                                                                                                                                                 |
| (i)                  Income                  tax effects of additional software license                  amortization.                                                                                                                                                                                                                                                                                                                  |
| (j)                  Decrease                  due to change from net income to net                  loss.                                                                                                                                                                                                                                                                                                                              |

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| **Findex.com,                  Inc.**                                                                                                                                                                                                                                                                                            |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **CONDENSED                  CONSOLIDATED STATEMENTS OF OPERATIONS**                                                                                                                                                                                                                                                             |
| **Three                  Months Ended June 30, 2004**                                                                                                                                                                                                                                                                            |
| **(Unaudited)**                                                                                                                                                                                                                                                                                                                  |
|                                                                                                                                                                                                                                                                                                                             |
|                                                                                                                                                                                                                                                                                                                             |   | **As                  Originally Reported** |   |   | **As                  Restated** |   |   | **Change** |   |   |
|                                                                                                                                                                                                                                                                                                                             |
| Revenues,                  net of reserves and allowances                                                                                                                                                                                                                                                                        | $ | 961,951 |   | $ | 1,020,885 |   | $ | 58,934 |   | (a) |
| Cost                  of sales                                                                                                                                                                                                                                                                                                   |   | 233,102 |   |   | 271,410 |   |   | 38,308 |   | (b) |
| Gross                  profit                                                                                                                                                                                                                                                                                                    |   |   |   |   |   | 728,849 |   |   | 749,475 |   |   | 20,626 |   |   |
| Operating                  expenses:                                                                                                                                                                                                                                                                                             |   |
| Sales                  and marketing                                                                                                                                                                                                                                                                                             |   |   |   |   |   | 280,033 |   |   | 267,902 |   |   | (12,131 | ) | (c) |
| General                  and administrative                                                                                                                                                                                                                                                                                      |   |   |   |   |   | 658,603 |   |   | 615,895 |   |   | (42,708 | ) | (d) |
| Rebate                  reserve adjustment                                                                                                                                                                                                                                                                                       |   |   |   |   |   | (266,301 | ) |   | --- |   |   | 266,301 |   | (e) |
| Depreciation                  and amortization                                                                                                                                                                                                                                                                                   |   |   |   |   |   | 13,311 |   |   | 139,187 |   |   | 125,876 |   | (f) |
| Total                  operating expenses                                                                                                                                                                                                                                                                                        |   |   |   |   |   | 685,646 |   |   | 1,022,984 |   |   | 337,338 |   |   |
| Earnings                  (loss) from operations                                                                                                                                                                                                                                                                                 |   | 43,203 |   |   | (273,509 | ) |   | (316,712 | ) |   |
| Other                  income                                                                                                                                                                                                                                                                                                    |   | --- |   |   | 1,170 |   |   | 1,170 |   | (g) |
| Other                  expenses, net                                                                                                                                                                                                                                                                                             |   | (16,188 | ) |   | (17,358 | ) |   | (1,170 | ) | (g) |
| Income                  (loss) before income taxes                                                                                                                                                                                                                                                                               |   |   |   |   |   | 27,015 |   |   | (289,697 | ) |   | (316,712 | ) |   |
| Provision                  for income taxes                                                                                                                                                                                                                                                                                      |   | (1,505 | ) |   | (31,011 | ) |   | (29,506 | ) | (h) |
| Net                  income (loss)                                                                                                                                                                                                                                                                                               |   |   |   |   | $ | 25,510 |   | $ | (320,708 | ) | $ | (346,218 | ) |   |
|                                                                                                                                                                                                                                                                                                                             |   |
| Net                  earnings (loss) per share:                                                                                                                                                                                                                                                                                  |   |
| Basic                                                                                                                                                                                                                                                                                                                            |   |   |   |   | $ | --- |   | $ | (0.01 | ) | $ | (0.01 | ) |   |
| Diluted                                                                                                                                                                                                                                                                                                                          |   |   |   |   | $ | --- |   | $ | (0.01 | ) | $ | (0.01 | ) |   |
|                                                                                                                                                                                                                                                                                                                             |   |
| Weighted                  average shares outstanding:                                                                                                                                                                                                                                                                            |   |
| Basic                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   | 23,276,312 |   |   | 23,276,312 |   |   | --- |   |   |
| Diluted                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   | 24,953,444 |   |   | 23,276,312 |   |   | (1,677,132 | ) | (i) |
|                                                                                                                                                                                                                                                                                                                             |
| (a)                  Reclassification                  of rebate reserve adjustment from Sales and marketing                  expenses.                                                                                                                                                                                          |
| (b)                  Increase                  from reclassification of non-capitalized technical support wages                  from                  General and administrative                  expenses, and reclassification of fulfillment costs from Sales                  and                  marketing expenses. |
| (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)                  Increase                  from reclassification as an adjustment to revenue.                                                                                                                                                                                                                                |
| (f)                  Increase                  from effects of additional amortization of the software license                  agreement.                                                                                                                                                                                       |
| (g)                  Reclassification                  of Other income.                                                                                                                                                                                                                                                          |
| (h)                  Income                  tax effects of additional software license                  amortization.                                                                                                                                                                                                           |
| (i)                  Decrease                  due to change from net income to net                  loss.                                                                                                                                                                                                                       |

----

Table          of Contents 

| **Findex.com,                  Inc.**                                                                                                                                                                                                                                                                                                                                                                                                        |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **CONDENSED                  CONSOLIDATED STATEMENTS OF OPERATIONS**                                                                                                                                                                                                                                                                                                                                                                         |
| **Six                  Months Ended June 30, 2003**                                                                                                                                                                                                                                                                                                                                                                                          |
| **(Unaudited)**                                                                                                                                                                                                                                                                                                                                                                                                                              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | **As                  Originally Reported** |   |   | **As                  Restated** |   |   | **Change** |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
| Revenues,                  net of reserves and allowances                                                                                                                                                                                                                                                                                                                                                                                    | $ | 1,832,331 |   | $ | 1,847,475 |   | $ | 15,144 |   | (a) |
| Cost                  of sales                                                                                                                                                                                                                                                                                                                                                                                                               |   | 486,639 |   |   | 561,143 |   |   | 74,504 |   | (b) |
| Gross                  profit                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   | 1,345,692 |   |   | 1,286,332 |   |   | (59,360 | ) |   |
| Operating                  expenses:                                                                                                                                                                                                                                                                                                                                                                                                         |   |
| Sales                  and marketing                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   | 321,887 |   |   | 334,600 |   |   | 12,713 |   | (c) |
| General                  and administrative                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   | 869,049 |   |   | 814,074 |   |   | (54,975 | ) | (d) |
| Nonrecurring                  item                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   | (551,736 | ) |   | --- |   |   | 551,736 |   | (e) |
| Depreciation                  and amortization                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   | 49,747 |   |   | 274,002 |   |   | 224,255 |   | (f) |
| Total                  operating expenses                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   | 688,947 |   |   | 1,422,676 |   |   | 733,729 |   |   |
| Earnings                  (loss) from operations                                                                                                                                                                                                                                                                                                                                                                                             |   | 656,745 |   |   | (136,344 | ) |   | (793,089 | ) |   |
| Other                  income                                                                                                                                                                                                                                                                                                                                                                                                                |   | --- |   |   | 584,612 |   |   | 584,612 |   | (g) |
| Other                  expenses, net                                                                                                                                                                                                                                                                                                                                                                                                         |   | (36,369 | ) |   | (37,354 | ) |   | (985 | ) | (h) |
| Income                  before income taxes                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   | 620,376 |   |   | 410,914 |   |   | (209,462 | ) |   |
| Provision                  for income taxes                                                                                                                                                                                                                                                                                                                                                                                                  |   | 17,400 |   |   | 113,232 |   |   | 95,832 |   | (i) |
| Net                  income                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   | $ | 637,776 |   | $ | 524,146 |   | $ | (113,630 | ) |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
| Net                  earnings per share:                                                                                                                                                                                                                                                                                                                                                                                                     |   |
| Basic                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   | $ | 0.03 |   | $ | 0.03 |   | $ | --- |   |   |
| Diluted                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   | $ | 0.03 |   | $ | 0.03 |   | $ | --- |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
| Weighted                  average shares outstanding:                                                                                                                                                                                                                                                                                                                                                                                        |   |
| Basic                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   | 19,811,438 |   |   | 19,811,438 |   |   | --- |   |   |
| Diluted                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |   | 19,965,438 |   |   | 20,069,385 |   |   | 103,947 |   | (j) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| (a)                  Reclassification                  of rebate reserve adjustment from Sales and marketing expenses                  and                  reallocation to the                  periods ended June 30, 2003, September 30, 2003, December 31, 2003,                  March                  31, 2004 and June 30, 2004.                                                                                                     |
| (b)                  Increase                  from reclassification of non-capitalized technical support wages                  from                  General and administrative                  expenses, reclassification of fulfillment costs from Sales and                  marketing                  expenses, and reclassification                  of Inventory write down expense from operating                  expenses. |
| (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)                  Reclassification                  of miscellaneous income to Other income.                                                                                                                                                                                                                                                                                                                                              |
| (i)                  Income                  tax effects of additional software license                  amortization.                                                                                                                                                                                                                                                                                                                       |
| (j)                  Increase                  from recalculation of potentially dilute common stock                  warrants.                                                                                                                                                                                                                                                                                                              |

----

Table          of Contents 

| **Findex.com,                  Inc.**                                                                                                                                                                                                                                                                                                    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **CONDENSED                  CONSOLIDATED STATEMENTS OF OPERATIONS**                                                                                                                                                                                                                                                                     |
| **Three                  Months Ended June 30, 2003**                                                                                                                                                                                                                                                                                    |
| **(Unaudited)**                                                                                                                                                                                                                                                                                                                          |
|                                                                                                                                                                                                                                                                                                                                     |
|                                                                                                                                                                                                                                                                                                                                     |   | **As                  Originally Reported** |   |   | **As                  Restated** |   |   | **Change** |   |   |
|                                                                                                                                                                                                                                                                                                                                     |   |
| Revenues,                  net of reserves and allowances                                                                                                                                                                                                                                                                                | $ | 769,965 |   | $ | 778,634 |   | $ | 8,669 |   | (a) |
| Cost                  of sales                                                                                                                                                                                                                                                                                                           |   | 238,984 |   |   | 262,322 |   |   | 23,338 |   | (b) |
| Gross                  profit                                                                                                                                                                                                                                                                                                            |   |   |   |   |   | 530,981 |   |   | 516,312 |   |   | (14,669 | ) |   |
| Operating                  expenses:                                                                                                                                                                                                                                                                                                     |   |
| Sales                  and marketing                                                                                                                                                                                                                                                                                                     |   |   |   |   |   | 157,890 |   |   | 155,915 |   |   | (1,975 | ) | (c) |
| General                  and administrative                                                                                                                                                                                                                                                                                              |   |   |   |   |   | 371,755 |   |   | 344,269 |   |   | (27,486 | ) | (d) |
| Nonrecurring                  items                                                                                                                                                                                                                                                                                                      |   |   |   |   |   | (583,628 | ) |   | --- |   |   | 583,628 |   | (e) |
| Depreciation                  and amortization                                                                                                                                                                                                                                                                                           |   |   |   |   |   | 24,775 |   |   | 136,902 |   |   | 112,127 |   | (f) |
| Total                  operating expenses                                                                                                                                                                                                                                                                                                |   |   |   |   |   | (29,208 | ) |   | 637,086 |   |   | 666,294 |   |   |
| Earnings                  (loss) from operations                                                                                                                                                                                                                                                                                         |   | 560,189 |   |   | (120,774 | ) |   | (680,963 | ) |   |
| Other                  income                                                                                                                                                                                                                                                                                                            |   | --- |   |   | 583,628 |   |   | 583,628 |   | (e) |
| Other                  expenses, net                                                                                                                                                                                                                                                                                                     |   | (22,557 | ) |   | (22,557 | ) |   | --- |   |   |
| Income                  before income taxes                                                                                                                                                                                                                                                                                              |   |   |   |   |   | 537,632 |   |   | 440,297 |   |   | (97,335 | ) |   |
| Provision                  for income taxes                                                                                                                                                                                                                                                                                              |   | 8,700 |   |   | 56,616 |   |   | 47,916 |   | (g) |
| Net                  income                                                                                                                                                                                                                                                                                                              |   |   |   |   | $ | 546,332 |   | $ | 496,913 |   | $ | (49,419 | )  |   |
|                                                                                                                                                                                                                                                                                                                                     |   |
| Net                  earnings per share:                                                                                                                                                                                                                                                                                                 |   |
| Basic                                                                                                                                                                                                                                                                                                                                    |   |   |   |   | $ | 0.03 |   | $ | 0.03 |   | $ | --- |   |   |
| Diluted                                                                                                                                                                                                                                                                                                                                  |   |   |   |   | $ | 0.03 |   | $ | 0.02 |   | $ | (0.01 | ) |   |
|                                                                                                                                                                                                                                                                                                                                     |   |
| Weighted                  average shares outstanding:                                                                                                                                                                                                                                                                                    |   |
| Basic                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   | 19,811,438 |   |   | 19,811,438 |   |   | --- |   |   |
| Diluted                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   | 19,965,438 |   |   | 20,078,401 |   |   | 112,963 |   | (h) |
|                                                                                                                                                                                                                                                                                                                                     |
| (a)                  Reclassification                  of rebate reserve adjustment from Sales and marketing expenses                  and                  reallocation to the                  periods ended June 30, 2003, September 30, 2003, December 31, 2003,                  March                  31, 2004 and June 30, 2004. |
| (b)                  Increase                  from reclassification of non-capitalized technical support wages                  from                  General and administrative                  expenses, and reclassification of fulfillment costs from Sales                  and                  marketing expenses.              |
| (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)                  Reclassification                  of royalty adjustment from nonrecurring item to Other                  income.                                                                                                                                                                                                    |
| (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.                                                                                                                                                                                                                   |
| (h)                  Increase                  from recalculation of potentially dilute common stock                  warrants.                                                                                                                                                                                                          |

----

Table          of Contents 

| **Findex.com,                  Inc.**                                                                                                                                                                                                                                                                                                             |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **CONSOLIDATED                  STATEMENTS OF CASH FLOWS**                                                                                                                                                                                                                                                                                        |
| **For                  the Six Months Ended June 30, 2004**                                                                                                                                                                                                                                                                                       |
| **(Unaudited)**                                                                                                                                                                                                                                                                                                                                   |
|                                                                                                                                                                                                                                                                                                                                              |
|                                                                                                                                                                                                                                                                                                                                              |   | **As                  Originally Reported** |   |   | **As                  Restated** |   |   | **Change** |   |   |
| Cash                  flows from operating activities:                                                                                                                                                                                                                                                                                            |   |
| Cash                  received from customers                                                                                                                                                                                                                                                                                                     |   |   |   |   | $ | 2,687,874 |   | $ | 2,639,964 |   | $ | (47,910 | ) | (a) |
| Cash                  paid to suppliers and employees                                                                                                                                                                                                                                                                                             |   |   |   |   |   | (2,691,400 | ) |   | (2,409,585 | ) |   | 281,815 |   | (b) |
| Other                  operating activities, net                                                                                                                                                                                                                                                                                                  |   |   |   |   |   | 205,739 |   |   | (28,166 | ) |   | (233,905 | ) | (c) |
| Net                  cash provided by operating activities                                                                                                                                                                                                                                                                                        |   |   |   |   |   | 202,213 |   |   | 202,213 |   |   | --- |   |   |
| Cash                  flows from investing activities:                                                                                                                                                                                                                                                                                            |   |   |   |   |
| Acquisition                  of property and equipment                                                                                                                                                                                                                                                                                            |   |   |   |   |   | (18,612 | ) |   | (18,612 | ) |   | --- |   |   |
| Software                  development costs                                                                                                                                                                                                                                                                                                       |   |   |   |   |   | (178,049 | ) |   | (178,049 | ) |   | --- |   |   |
| Website                  development costs                                                                                                                                                                                                                                                                                                        |   |   |   |   |   | (31,836 | ) |   | (31,836 | ) |   | --- |   |   |
| Deposits                  made                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   | (485 | ) |   | (485 | ) |   | --- |   |   |
| Net                  cash (used) by investing activities                                                                                                                                                                                                                                                                                          |   |   |   |   |   | (228,982 | ) |   | (228,982 | ) |   | --- |   |   |
| Cash                  flows from financing activities:                                                                                                                                                                                                                                                                                            |   |   |   |   |
| Payments                  made on line of credit, net                                                                                                                                                                                                                                                                                             |   |   |   |   |   | (2,999 | ) |   | (2,999 | ) |   | --- |   |   |
| Cash                  overdraft                                                                                                                                                                                                                                                                                                                   |   |   |   |   |   | --- |   |   | 38,990 |   |   | 38,990 |   | (i) |
| Payments                  made on long-term notes payable                                                                                                                                                                                                                                                                                         |   |   |   |   |   | (50,890 | ) |   | (50,890 | ) |   | --- |   |   |
| Net                  cash (used) by financing activities                                                                                                                                                                                                                                                                                          |   |   |   |   |   | (53,889 | ) |   | (14,899 | ) |   | 38,990 |   |   |
| Net                  (decrease) in cash and cash equivalents                                                                                                                                                                                                                                                                                      |   | (80,658 | ) |   | (41,668 | ) |   | 38,990 |   |   |
| Cash                  and cash equivalents, beginning of year                                                                                                                                                                                                                                                                                     |   | 142,022 |   |   | 41,668 |   |   | (100,354 | ) | (d) |
| Cash                  and cash equivalents, end of period                                                                                                                                                                                                                                                                                         |   |   |   |   | $ | 61,364 |   | $ | --- |   | $ | (61,364 | ) |   |
|                                                                                                                                                                                                                                                                                                                                              |   |   |   |   |
| Reconciliation                  of net income (loss) to cash flows from operating                  activities:                                                                                                                                                                                                                                    |   |   |   |   |
| Net                  income (loss)                                                                                                                                                                                                                                                                                                                |   |   |   |   | $ | 297,765 |   | $ | (137,270 | ) | $ | (435,035 | ) |   |
| Adjustments                  to reconcile net income (loss) to net cash                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |
| provided                  by operating activities:                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |
| Software                  development costs amortized                                                                                                                                                                                                                                                                                             |   |   |   |   |   | 258,258 |   |   | 258,258 |   |   | --- |   |   |
| Provision                  for bad debts                                                                                                                                                                                                                                                                                                          |   |   |   |   |   | 2,500 |   |   | 2,500 |   |   | --- |   |   |
| Stock                  and warrants issued for services                                                                                                                                                                                                                                                                                           |   |   |   |   |   | 44,186 |   |   | 44,186 |   |   | --- |   |   |
| Rebate                  reserve adjustment                                                                                                                                                                                                                                                                                                        |   |   |   |   |   | (266,301 | ) |   | 124,262 |   |   | 390,563 |   | (e) |
| Depreciation                  and amortization                                                                                                                                                                                                                                                                                                    |   |   |   |   |   | 22,886 |   |   | 274,639 |   |   | 251,753 |   | (f) |
| Change                  in assets and liabilities:                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |
| Decrease                  in accounts receivable                                                                                                                                                                                                                                                                                                  |   |   |   |   |   | 180,062 |   |   | 180,062 |   |   | --- |   |   |
| Decrease                  in inventories                                                                                                                                                                                                                                                                                                          |   |   |   |   |   | 110,697 |   |   | 110,697 |   |   | --- |   |   |
| (Increase)                  in prepaid expenses                                                                                                                                                                                                                                                                                                   |   |   |   |   |   | (75,406 | ) |   | (75,406 | ) |   | --- |   |   |
| (Decrease)                  in accrued royalties                                                                                                                                                                                                                                                                                                  |   |   |   |   |   | (204,937 | ) |   | (204,937 | ) |   | --- |   |   |
| (Decrease)                  in accounts payable                                                                                                                                                                                                                                                                                                   |   |   |   |   |   | (174,711 | ) |   | (174,708 | ) |   | 3 |   | (g) |
| Increase                  in income taxes payable                                                                                                                                                                                                                                                                                                 |   |   |   |   |   | 700 |   |   | 700 |   |   | --- |   |   |
| Increase                  in deferred taxes                                                                                                                                                                                                                                                                                                       |   |   |   |   |   | 1,605 |   |   | 60,622 |   |   | 59,017 |   | (h) |
| Increase                  (decrease) in other liabilities                                                                                                                                                                                                                                                                                         |   |   |   |   |   | 4,909 |   |   | (261,392 | ) |   | (266,301 | ) | (e) |
| Net                  cash provided by operating activities                                                                                                                                                                                                                                                                                        |   |   |   |   | $ | 202,213 |   | $ | 202,213 |   | $ | --- |   |   |
|                                                                                                                                                                                                                                                                                                                                              |   |   |   |
| (a)                  Decrease                  from reclassification of estimated cost of sales returns against                  cash                  paid.                                                                                                                                                                                      |
| (b)                  Increase                  from reclassification of reserve for rebate adjustment from other                  operating activities, reclassification                  of inventory write-down from other operating activities, and estimated                  cost of sales                  returns from cash received. |
| (c)                  Decrease                  from reclassification of reserve for rebate adjustment and inventory                  write-down to cash                  paid.                                                                                                                                                                    |
| (d)                  Decrease                  from reclassification of restricted cash as other                  asset.                                                                                                                                                                                                                          |
| (e)                  Reclassification                  of Rebate reserve adjustment as decrease in other                  liabilities.                                                                                                                                                                                                            |
| (f)                  Additional                  software license amortization.                                                                                                                                                                                                                                                                   |
| (g)                  Rounding                  difference.                                                                                                                                                                                                                                                                                        |
| (h)                  Net                  income tax effects of additional software amortization.                                                                                                                                                                                                                                                 |
| (i)                  Reclassify                  cash overdraft as financing                  activity.                                                                                                                                                                                                                                           |

----

Table          of Contents 

| **Findex.com,                  Inc.**                                                                                                                                                                                                                                     |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **CONSOLIDATED                  STATEMENTS OF CASH FLOWS**                                                                                                                                                                                                                |
| **For                  the Six Months Ended June 30, 2003**                                                                                                                                                                                                               |
| **(Unaudited)**                                                                                                                                                                                                                                                           |
|                                                                                                                                                                                                                                                                      |
|                                                                                                                                                                                                                                                                      |   | **As                  Originally Reported** |   |   | **As                  Restated** |   |   | **Change** |   |   |
| Cash                  flows from operating activities:                                                                                                                                                                                                                    |   |
| Cash                  received from customers                                                                                                                                                                                                                             |   |   |   |   | $ | 2,045,624 |   | $ | 2,045,624 |   | $ | --- |   |   |
| Cash                  paid to suppliers and employees                                                                                                                                                                                                                     |   |   |   |   |   | (1,861,189 | ) |   | (1,861,189 | ) |   | --- |   |   |
| Other                  operating activities, net                                                                                                                                                                                                                          |   |   |   |   |   | 21,611 |   |   | 21,611 |   |   | --- |   |   |
| Net                  cash provided by operating activities                                                                                                                                                                                                                |   |   |   |   |   | 206,046 |   |   | 206,046 |   |   | --- |   |   |
| Cash                  flows from investing activities:                                                                                                                                                                                                                    |   |   |   |   |
| Acquisition                  of property and equipment                                                                                                                                                                                                                    |   |   |   |   |   | (6,643 | ) |   | (6,643 | ) |   | --- |   |   |
| Software                  development costs                                                                                                                                                                                                                               |   |   |   |   |   | (145,666 | ) |   | (145,666 | ) |   | --- |   |   |
| Website                  development costs                                                                                                                                                                                                                                |   |   |   |   |   | (21,055 | ) |   | (21,056 | ) |   | (1 | ) | (a) |
| Deposits                  made                                                                                                                                                                                                                                            |   |   |   |   |   | (500 | ) |   | (50,500 | ) |   | (50,000 | ) | (b) |
| Net                  cash (used) by investing activities                                                                                                                                                                                                                  |   |   |   |   |   | (173,864 | ) |   | (223,865 | ) |   | (50,001 | ) |   |
| Cash                  flows from financing activities:                                                                                                                                                                                                                    |   |   |   |   |
| Payments                  made on line of credit, net                                                                                                                                                                                                                     |   |   |   |   |   | (5,016 | ) |   | (5,016 | ) |   | --- |   |   |
| Cash                  overdraft                                                                                                                                                                                                                                           |   |   |   |   |   | --- |   |   | 12,125 |   |   | 12,125 |   | (f) |
| Payments                  made on long-term notes payable                                                                                                                                                                                                                 |   |   |   |   |   | (27,941 | ) |   | (27,941 | ) |   | --- |   |   |
| Net                  cash (used) by financing activities                                                                                                                                                                                                                  |   |   |   |   |   | (32,957 | ) |   | (20,832 | ) |   | 12,125 |   |   |
| Net                  (decrease) in cash and cash equivalents                                                                                                                                                                                                              |   | (775 | ) |   | (38,651 | ) |   | (37,876 | ) |   |
| Cash                  and cash equivalents, beginning of year                                                                                                                                                                                                             |   | 38,651 |   |   | 38,651 |   |   | --- |   |   |
| Cash                  and cash equivalents, end of period                                                                                                                                                                                                                 |   |   |   |   | $ | 37,876 |   | $ | --- |   | $ | (37,876 | ) |   |
|                                                                                                                                                                                                                                                                      |   |   |   |   |
| Reconciliation                  of net income to cash flows from operating activities:                                                                                                                                                                                    |   |   |   |   |
| Net                  income                                                                                                                                                                                                                                               |   |   |   |   | $ | 637,776 |   | $ | 524,146 |   | $ | (113,630 | ) |   |
| Adjustments                  to reconcile net income to net cash                                                                                                                                                                                                          |   |   |   |   |   |   |
| provided                  by operating activities:                                                                                                                                                                                                                        |   |   |   |   |   |   |
| Software                  development costs amortized                                                                                                                                                                                                                     |   |   |   |   |   | 40,422 |   |   | 40,422 |   |   | --- |   |   |
| Rebate                  reserve adjustment                                                                                                                                                                                                                                |   |   |   |   |   | --- |   |   | (14,793 | ) |   | (14,793 | ) | (e) |
| Depreciation                  and amortization                                                                                                                                                                                                                            |   |   |   |   |   | 49,747 |   |   | 274,002 |   |   | 224,255 |   | (c) |
| Change                  in assets and liabilities:                                                                                                                                                                                                                        |   |   |   |   |   |   |
| Decrease                  in accounts receivable                                                                                                                                                                                                                          |   |   |   |   |   | 69,541 |   |   | 69,541 |   |   | --- |   |   |
| Decrease                  in inventories                                                                                                                                                                                                                                  |   |   |   |   |   | 96,600 |   |   | 96,600 |   |   | --- |   |   |
| Decrease                  in refundable income taxes payable                                                                                                                                                                                                              |   |   |   |   |   | 29,148 |   |   | 29,148 |   |   | --- |   |   |
| (Increase)                  in prepaid expenses                                                                                                                                                                                                                           |   |   |   |   |   | (9,254 | ) |   | (9,254 | ) |   | --- |   |   |
| (Decrease)                  in accrued royalties                                                                                                                                                                                                                          |   |   |   |   |   | (534,754 | ) |   | (534,754 | ) |   | --- |   |   |
| (Decrease)                  in accounts payable                                                                                                                                                                                                                           |   |   |   |   |   | (187,278 | ) |   | (187,278 | ) |   | --- |   |   |
| (Decrease)                  in deferred taxes                                                                                                                                                                                                                             |   |   |   |   |   | (17,400 | ) |   | (113,232 | ) |   | (95,832 | ) | (d) |
| Increase                  in other liabilities                                                                                                                                                                                                                            |   |   |   |   |   | 31,498 |   |   | 31,498 |   |   | --- |   |   |
| Net                  cash provided by operating activities                                                                                                                                                                                                                |   |   |   |   | $ | 206,046 |   | $ | 206,046 |   | $ | --- |   |   |
|                                                                                                                                                                                                                                                                      |
| (a)                  Rounding                  difference.                                                                                                                                                                                                                |
| (b)                  Increase                  from reclassification of restricted cash held by merchant                  banker.                                                                                                                                         |
| (c)                  Increase                  from additional software license amortization.                                                                                                                                                                             |
| (d)                  Income                  tax effects from additional software license                  amortization.                                                                                                                                                  |
| (e)                  Reallocation                  and reclassification of rebate adjustment to periods ended June                  30, 2003,                  September 30, 2003, December 31, 2003, March 31, 2004 and June                  30,                  2004. |
| (f)                  Reclassify                  cash overdraft as financing                  activity.                                                                                                                                                                   |

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**ITEM      2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF      OPERATION.**

*This      Form 10-QSB/A, press releases and certain information provided periodically      in      writing or orally by our officers or our agents contain statements which      constitute forward-looking statements within the meaning of Section 27A of      the      Securities Act, as amended; Section 21E of the Securities Exchange Act of 1934;      and the Private Securities Litigation Reform Act of 1995. The words “may”,“would”, “could”, “will”, “expect”, “estimate”, “anticipate”, “believe”,“intend”, “plan”, “goal”, and similar expressions and variations thereof are      intended to specifically identify forward-looking statements. These statements      appear in a number of places in this Form 10-QSB/A and include all statements      that are not statements of historical fact regarding the intent, belief or      current expectations of us, our directors or our officers, with respect to,      among other things: (i) our liquidity and capital resources; (ii) our financing      opportunities and plans; (iii) our ability to attract customers to generate      revenues; (iv) market and other trends affecting our future financial condition      or results of operations; (v) our growth strategy and operating strategy; and      (vi) the declaration and/or payment of dividends. *

*Investors      and prospective investors are cautioned that any such forward-looking statements      are not guarantees of future performance and involve risks and uncertainties,      and that actual results may differ materially from those projected in the      forward-looking statements as a result of various factors. The factors that      might cause such differences include, among others, those set forth in Part      I,      Item 2 of this quarterly report on Form 10-QSB/A, entitled Management’s      Discussion and Analysis or Plan of Operation, including without limitation      the      risk factors contained in the Company’s annual report on Form 10-KSB/A for      period ending December 31, 2003. Except as required by law, we undertake no      obligation to update any of the forward-looking statements in this Form 10-QSB/A      after the date of this report. *

**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      **

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**COST        OF SALES **

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|                                                                         |   | **Three                Months Ended****June                30,**  | **Six                Months Ended ****June                30,** |
|------------------------------------------------------------------------------|--------|------------------------------------------------------------------------|----------------------------------------------------------------------|
|                                                                         |   |                                                                   | 2003                                                            |   |   | **2004** |   |   | 2003 |   |   | **2004** |   |
| Beginning                balance                                             |   | $                                                                      | 306,155                                                              |   | **$** | **506,121** |   | $ | 280,502 |   | **$** | **584,706** |   |
| Capitalized                                                                  |   |                                                                   | 147,028                                                              |   |   | **104,421** |   |   | 213,103 |   |   | **178,049** |   |
| Amortized                (cost of sales)                                     |   |                                                                   | 67,437                                                               |   |   | **106,045** |   |   | 107,859 |   |   | **258,258** |   |
| Ending                balance                                                |   | $                                                                      | 385,746                                                              |   | **$** | **504,497** |   | $ | 385,746 |   | **$** | **504,497** |   |
|                                                                         |   |                                                                   |                                                                 |   |   |   |   |   |   |   |   |   |   |
| Research                and development expense (General and administrative) |   | $                                                                      | 30,003                                                               |   | **$** | **27,522** |   | $ | 97,794 |   | **$** | **43,696** |   |

**SALES,      GENERAL AND ADMINISTRATIVE **

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**Amortization      **

**INCOME      TAX BENEFITS **

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**LIQUIDITY          AND CAPITAL RESOURCES **

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**ITEM        3. CONTROLS AND PROCEDURES.**

**(a)**
**Evaluation        of Disclosure Controls and Procedures.**

**(b)**
**Changes        In Internal Control Over Financial Reporting.**

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**PART      II-OTHER INFORMATION**

**ITEM      1. LEGAL PROCEEDINGS.**

**ITEM      2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF      PROCEEDS.**

**ITEM      3. DEFAULTS UPON SENIOR      SECURITIES.**

**ITEM      4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY      HOLDERS.**

**ITEM      5. OTHER INFORMATION.**

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**ITEM      6. EXHIBITS.**

| **No.** | **Description                  of Exhibit**                                                                                                                                                                                                                                             |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    |                                                                                                                                                                                                                                                                                    |
| 2.1     | Share                  Exchange Agreement between Findex.com, Inc. and the stockholders                  of Reagan                  Holdings, Inc. dated March 7, 2000, incorporated by reference to                  Exhibit                  2.1 on Form 8-K filed March 15, 2000.    |
|    |                                                                                                                                                                                                                                                                                    |
| 3(i)(1) | Articles                  of Incorporation of Findex.com, Inc., incorporated by reference                  to Exhibit                  3.1 on Form 8-K filed March 15, 2000.                                                                                                            |
|    |                                                                                                                                                                                                                                                                                    |
| 3(i)(1) | Amendment                  to Articles of Incorporation of Findex.com, Inc. dated November                  12, 2004                  incorporated by reference to Exhibit 3.1(ii) on Form 10-QSB filed                  November                  12, 2004.                            |
|    |                                                                                                                                                                                                                                                                                    |
| 3(i)    | By-Laws                  of Findex.com, Inc., incorporated by reference to Exhibit 3.3 on                  Form 8-K                  filed March 15, 2000.                                                                                                                              |
|    |                                                                                                                                                                                                                                                                                    |
| 10.1    | Stock                  Incentive Plan of Findex.com, Inc. dated May 7, 1999, incorporated                  by                  reference to Exhibit 10.1 on Form 10-KSB/A filed May 13,                  2004.                                                                          |
|    |                                                                                                                                                                                                                                                                                    |
| 10.2    | Share                  Exchange Agreement between Findex.com, Inc. and the stockholders                  of Reagan                  Holdings Inc., dated March 7, 2000, incorporated by reference to                  Exhibit                  2.1 on Form 8-K filed March 15, 2000.    |
|    |                                                                                                                                                                                                                                                                                    |
| 10.3    | License                  Agreement between Findex.com, Inc. and Parsons Technology, Inc.                  dated June                  30, 1999, incorporated by reference to Exhibit 10.3 on Form 10-KSB/A                  filed                  May 13, 2004.                        |
|    |                                                                                                                                                                                                                                                                                    |
| 10.4    | Employment                  Agreement between Findex.com, Inc. and Steven Malone dated July                  25, 2003,                  incorporated by reference to Exhibit 10.4 on Form 10-KSB/A filed                  May 13,                  2004.                                |
|    |                                                                                                                                                                                                                                                                                    |
| 10.5    | Employment                  Agreement between Findex.com, Inc. and Kirk Rowland dated July                  25, 2003,                  incorporated by reference to Exhibit 10.5 on Form 10-KSB/A filed                  May 13,                  2004.                                 |
|    |                                                                                                                                                                                                                                                                                    |
| 10.6    | Employment                  Agreement between Findex.com, Inc. and William Terrill dated June                  7, 2002,                  incorporated by reference to Exhibit 10.6 on Form 10-KSB/A filed                  May 13,                  2004.                               |
|    |                                                                                                                                                                                                                                                                                    |
| 10.7    | Restricted                  Stock Compensation Agreement between Findex.com, Inc. and John                  A. Kuehne                  dated July 25, 2003, incorporated by reference to Exhibit 10.7                  on Form                  10-KSB/A filed May 13, 2004.            |
|    |                                                                                                                                                                                                                                                                                    |
| 10.8    | Restricted                  Stock Compensation Agreement between Findex.com, Inc. and Henry                  M.                  Washington dated July 25, 2003, incorporated by reference to Exhibit                  10.8                  on Form 10-KSB/A filed May 13, 2004.       |
|    |                                                                                                                                                                                                                                                                                    |
| 10.9    | Restricted                  Stock Compensation Agreement between Findex.com, Inc. and William                  Terrill                  dated July 25, 2003, incorporated by reference to Exhibit 10.9                  on Form                  10-KSB/A filed May 13, 2004.           |
|    |                                                                                                                                                                                                                                                                                    |
| 10.10   | Stock                  Purchase Agreement, including the form of warrant agreement, between                  Findex.com, Inc. and Barron Partners, LP dated July 19, 2004, incorporated                  by reference to Exhibit 10.1 on Form 8-K filed July 28,                  2004. |
|    |                                                                                                                                                                                                                                                                                    |
| 10.11   | Amendment                  No. 1 to Barron Partners, LP Stock Purchase Agreement dated September                  30,                  2004, incorporated by reference to Exhibit 10.3 on Form 8-K filed                  October                  6, 2004.                             |
|    |                                                                                                                                                                                                                                                                                    |
| 10.12   | Registration                  Rights Agreement between Findex.com, Inc. and Barron Partners,                  LP dated                  July 26, 2004, incorporated by reference to Exhibit 10.2 on Form                  8-K filed                  July 28, 2004.                     |
|    |                                                                                                                                                                                                                                                                                    |
| 10.13   | Waiver                  certificate between Findex.com, Inc. and Barron Partners, LP dated                  September 16, 2004, incorporated by reference to Exhibit 10.4 on                  Form 8-K                  filed October 6, 2004.                                          |
|    |                                                                                                                                                                                                                                                                                    |

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| 31.1   | Certification                  of Findex.com, Inc. Chief Executive Officer, Steven Malone, required                  by                  Rule 13a-14(a) or Rule 15d-14(a), and dated January 19, 2006. FILED                  HEREWITH.                                                                                                                                            |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                               |
| 31.2   | Certification                  of Findex.com, Inc. Chief Financial Officer, Kirk R. Rowland, required                  by                  Rule 13a-14(a) or Rule 15d-14(a), and dated January 19, 2006. FILED                  HEREWITH.                                                                                                                                          |
|   |                                                                                                                                                                                                                                                                                                                                                                               |
| 32.1   | Certification                  of Findex.com, Inc. Chief Executive Officer, Steven Malone, required                  by                  Rule 13a-14(b) or Rule 15d-14(b) and Section 1350 of Chapter 63                  of Title                  18 of the United States Code (18 U.S.C. 1350), and dated January                  19, 2006.                  FILED HEREWITH.   |
|   |                                                                                                                                                                                                                                                                                                                                                                               |
| 32.2   | Certification                  of Findex.com, Inc. Chief Financial Officer, Kirk R. Rowland, required                  by                  Rule 13a-14(b) or Rule 15d-14(b) and Section 1350 of Chapter 63                  of Title                  18 of the United States Code (18 U.S.C. 1350), and dated January                  19, 2006.                  FILED HEREWITH. |
|   |                                                                                                                                                                                                                                                                                                                                                                               |

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**Signatures**

|                                         |   | **FINDEX.COM,                  INC.**                  |   |
|----------------------------------------------|--------|--------------------------------------------------------|--------|
|                                         |   |                                                   |   |
| Date: January                  19, 2006 | By     | /s/                  Steven Malone                     |   |
|                                         |   | Steven                  Malone                         |   |
|                                         |   | President                  and Chief Executive Officer |   |

|                                         |   |                                     |   |
|----------------------------------------------|--------|------------------------------------------|--------|
| Date: January                  19, 2006 | By     | /s/                  Kirk R. Rowland     |   |
|                                         |   | Kirk                  R. Rowland, CPA    |   |
|                                         |   | Chief                  Financial Officer |   |

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