Everything Blockchain, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

Intangible Assets

6 Months Ended

Jul. 31, 2023

Intangible Assets

Intangible Assets

Note 4. Intangible Assets

Intangible assets consist of the following:

		As of July 31, 2023
		Gross Amount				Accumulated Amortization				Net Carrying Amount
		(in thousands)
IP/Technology		$	4,780			$	60			$	4,720
Non-compete agreements			82				82				-
Total Intangibles		$	4,862			$	142			$	4,720

		As of January 31, 2023
		Gross Amount				Accumulated Amortization				Net Carrying Amount
		(in thousands)
IP/Technology		$	4,251			$	-			$	4,251
Non-compete agreements			82				63				19
Total Intangibles		$	4,333			$	63			$	4,270

The Company’s IP/Technology is amortized over five years and the non-compete agreements are amortized over two years.