diff --git a/docs/examples/fifo/.gitignore b/docs/examples/fifo/.gitignore
new file mode 100644
index 0000000..22b7dbd
--- /dev/null
+++ b/docs/examples/fifo/.gitignore
@@ -0,0 +1 @@
+fifo_*
\ No newline at end of file
diff --git a/docs/examples/fifo/fifo.sby b/docs/examples/fifo/fifo.sby
new file mode 100644
index 0000000..586e7b3
--- /dev/null
+++ b/docs/examples/fifo/fifo.sby
@@ -0,0 +1,22 @@
+[tasks]
+cover
+prove
+
+[options]
+cover:
+mode cover
+--
+prove:
+mode prove
+--
+
+[engines]
+cover: smtbmc
+prove: abc pdr
+
+[script]
+read -formal fifo.sv
+prep -top fifo
+
+[files]
+fifo.sv
diff --git a/docs/examples/fifo/fifo.sv b/docs/examples/fifo/fifo.sv
new file mode 100644
index 0000000..5d30883
--- /dev/null
+++ b/docs/examples/fifo/fifo.sv
@@ -0,0 +1,183 @@
+// Define our top level fifo entity
+module fifo (
+    input wen, ren, clk, rst_n,
+    input [7:0] wdata,
+    output [7:0] rdata,
+    output [3:0] count,
+    output full, empty
+);
+    parameter MAX_DATA = 16;
+
+    // internals
+    reg [3:0] data_count;
+    initial begin
+        data_count <= 0;
+    end
+
+    // wire up our sub modules
+    wire [3:0] waddr, raddr;
+    wire wskip, rskip;
+    storage #(.MAX_DATA(MAX_DATA)) fifo_storage (
+        .wen    (wen  ),
+        .ren    (ren  ),
+        .clk    (clk  ),
+        .rst_n  (rst_n),
+        .waddr  (waddr),
+        .raddr  (raddr),
+        .wdata  (wdata),
+        .rdata  (rdata)
+    );
+
+    addr_gen #(.MAX_DATA(MAX_DATA)) fifo_writer (
+        .en     (wen || wskip),
+        .clk    (clk  ),
+        .rst_n  (rst_n),
+        .addr   (waddr)
+    );
+
+    addr_gen #(.MAX_DATA(MAX_DATA)) fifo_reader (
+        .en     (ren || rskip),
+        .clk    (clk  ),
+        .rst_n  (rst_n),
+        .addr   (raddr)
+    );
+
+    always @(posedge clk or negedge rst_n) begin
+        if (~rst_n)
+            data_count <= 0;
+        else if (wen && !ren && data_count < MAX_DATA-1)
+            data_count <= data_count + 1;
+        else if (ren && !wen && data_count > 0)
+            data_count <= data_count - 1;
+        else
+            data_count <= data_count;
+    end
+
+    assign full  = data_count == MAX_DATA-1;
+    assign empty = data_count == 0;
+    assign count = data_count;
+
+    // write while full => overwrite oldest data, move read pointer
+    assign rskip = wen && !ren && data_count >= MAX_DATA-1;
+    // read while empty => read invalid data, keep write pointer in sync
+    assign wskip = ren && !wen && data_count == 0;
+
+`ifdef FORMAL
+    // observers
+    wire [4:0] addr_diff;
+    assign addr_diff = waddr >= raddr ? waddr - raddr : waddr + MAX_DATA - raddr;
+
+    // tests should not run through a reset
+    // not entirely sure what this actually does
+    default clocking @(posedge clk); endclocking
+	default disable iff (~rst_n);
+
+    // tests
+    always @(posedge clk or negedge rst_n) begin
+        // waddr and raddr are zero while reset is low
+        ap_reset: assert property (~rst_n |=> !waddr && !raddr);
+        wp_reset: cover  property (rst_n);
+
+        // waddr and raddr can only be non zero if reset is high
+        ap_nreset: assert property (waddr || raddr |=> $past(rst_n));
+        wp_nreset: cover  property (waddr || raddr);
+
+        // count never less than zero, or more than max
+        ap_uflow:  assert (count >= 0);
+        ap_uflow2: assert (raddr >= 0);
+        ap_oflow:  assert (count < MAX_DATA);
+        ap_oflow2: assert (waddr < MAX_DATA);
+
+        // count should be equal to the difference between writer and reader address
+        ap_count_diff: assert (count == addr_diff);
+
+        // count should only be able to increase or decrease by 1
+        ap_counts: assert (count == 0
+                        || count == $past(count)
+                        || count == $past(count) + 1
+                        || count == $past(count) - 1);
+
+        // read/write addresses can only increase (or stay the same)
+        ap_raddr:  assert (raddr == 0
+                        || raddr == $past(raddr)
+                        || raddr == $past(raddr + 1));
+        ap_waddr:  assert (waddr == 0
+                        || waddr == $past(waddr)
+                        || waddr == $past(waddr + 1));
+
+        // read/write enables enable
+        ap_raddr2: assert property (ren |=> raddr != $past(raddr));
+        ap_waddr2: assert property (wen |=> waddr != $past(waddr));
+
+        // read/write needs enable UNLESS full/empty
+        ap_raddr3: assert property (!ren && !full  |=> raddr == $past(raddr));
+        ap_waddr3: assert property (!wen && !empty |=> waddr == $past(waddr));
+
+        // full and empty work as expected
+        ap_full:  assert property (wen && !ren && count == MAX_DATA-2 |=> full);
+        wp_full:  cover  property (wen && !ren && count == MAX_DATA-2);
+        ap_empty: assert property (ren && !wen && count == 1 |=> empty);
+        wp_empty: cover  property (ren && !wen && count == 1);
+        
+        // can we corrupt our data?
+        ap_overfill:  assert property (wen && full |=> raddr != $past(raddr));
+        wp_overfill:  cover  property (wen && full);
+        ap_underfill: assert property (ren && empty |=> waddr != $past(waddr));
+        wp_underfill: cover  property (ren && empty);
+    end
+
+    // assumptions
+    always @(posedge clk or negedge rst_n) begin
+        // when writing the write data will change (so that we can line up reads with writes)
+        assume property (wen |=> wdata != $past(wdata));
+        assume (wdata);
+    end
+`endif
+
+endmodule
+
+// Define the fifo storage
+module storage (
+    input wen, ren, clk, rst_n,
+    input [3:0] waddr, raddr,
+    input [7:0] wdata,
+    output [7:0] rdata
+);
+    parameter MAX_DATA = 16;
+
+    // 8 bit data, fifo depth 16 / 4 bit address
+    // reset not defined
+    reg [7:0] data [MAX_DATA-1:0];
+    always @(posedge clk) begin
+        if (wen) 
+            data[waddr] <= wdata;
+    end
+    
+    assign rdata = data[raddr];
+endmodule
+
+// address generator/counter
+module addr_gen (
+    input en, clk, rst_n,
+    output reg [3:0] addr
+);
+    parameter MAX_DATA = 16;
+
+    initial begin
+        addr <= 0;
+    end
+
+    // async reset
+    // increment address when enabled
+    always @(posedge clk or negedge rst_n) begin
+        if (~rst_n)
+            addr <= 0;
+        else if (en)
+            if (addr == MAX_DATA-1)
+                addr <= 0;
+            else
+                addr <= addr + 1;
+        else
+            addr <= addr;
+    end
+endmodule