{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-25-000067","form_type":"8-K","ticker":"EBZT","cik":"0001730869","company_name":"Everything Blockchain, Inc.","filed_at":"2025-01-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.648995+00:00","generated_at":"2026-05-28T11:03:41.721351+00:00","sec_items":["1.01","2.06","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Everything Blockchain sells EBControl and BuildDB for $3.3M, expects ~$20M impairment","bullets":["Sold EBControl and BuildDB software to DataRock Technologies for $3.3M; includes settlement of $1.3M defaulted promissory note and assumption of $1.15M vendor debt.","Also includes assumption of $655K accrued payroll/benefits, $250K prepaid royalties, and $193K future royalty from sales of sold assets.","Craig T. Stevens, former board member and holder of defaulted note, is principal of DataRock; transaction with related party.","Company to impair goodwill and intangible assets by approximately $20M, to be reflected in next Form 10-Q.","Company had defaulted on senior secured promissory note of $1,302,956 owed to Stevens prior to agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-25-000067","json":"https://secwatch.observer/filing/0001477932-25-000067.json","markdown":"https://secwatch.observer/filing/0001477932-25-000067.md","text":"https://secwatch.observer/filing/0001477932-25-000067.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1730869/000147793225000067/0001477932-25-000067-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1730869/000147793225000067/ebi_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T11:03:41.721351+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8e0d21fab144e95cd3fed6d7296730511bd89b76","claim":"Everything Blockchain, Inc. announced a impairment with charges of approximately $20 million affecting EBControl and BuildDB software solutions.","evidence_excerpt":"the Company will impair its Goodwill and intangible assets associated with EBControl and BuildDB, which the Company expects to be approximately $20 million","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1730869/000147793225000067/0001477932-25-000067-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"approximately $20 million"},{"label":"Affected area","value":"EBControl and BuildDB software solutions"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}