Everything Blockchain, Inc. Annual report pursuant to Section 13 and 15(d)

Explanation of Restatement of Statements of Income for January 31, 2021 (Tables)

12 Months Ended

Jan. 31, 2022

				For the Year Ended
				January 31, 2021
	Original			Change			Restated

Revenue	$	927		$	865		$	62
Cost of sales		423			(423	)		-
Gross profit		504			(442	)		62
Selling, general, and administrative		49,975			-			49,975
Depreciation and amortization		-			-			-
Total operating expenses		49,975			-			49,975
Loss from operations		(49,471	)		(442	)		(49,913	)
Other income (expense), net		172			442			614
Income (loss) before income taxes		(49,299	)		-			(49,299	)
Income tax expense		-			-			-
Net income (loss)	$	(49,299	)	$	-		$	(49,299	)