Company: RIVF
Filing Date: 2025-06-09
Form Type: 10-KT/A
Source: 0001376474-25-000520
Chunk: 6

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-06-09
Form: 10-KT/A
Chunk 6
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| Operating activities            |     | $                           | (348,216 | ) |     | $    | (46,499 | ) |
| Investing activities            |     | $                           |   (1,052 | ) |     | $    |       - |   |
| Financing activities            |     | $                           |  349,610 |   |     | $    |  34,489 |   |
| Change in cash                  |     | $                           |      342 |   |     | $    | -12,010 |   |

Operating Activities Net cash used in operating activities was ($80,220) for the six months ended June 30, 2024. The net loss for the six months ended June 30, 2024 was ($54,677), which was primarily increased by a gain on salary forgiveness of ($123,827) and offset by the change in accounts payable and accrued liabilities of $96,302. Net cash used in operating activities was ($348,216) for the fiscal year ended December 31, 2023. The net loss for the fiscal year ended December 31, 2023 was ($310,877), which was primarily offset by non-cash interest expense of $7,019 and increased by the change in accounts payable and accrued liabilities of $44,481. Net cash used in operating activities was ($46,499) for the fiscal year ended December 31, 2022. The net loss for the fiscal year ended December 31, 2022 was ($48,589), which was primarily offset the change in accounts payable and accrued liabilities of $2,090. Investing Activities Net cash used in investing activities was ($2,949,499) for the six months ended June 30, 2024 and relates solely to the transfer of consideration to Rivulet Media shareholders stemming from asset purchase agreement. Net cash used in investing activities was ($1,052) for the fiscal year ended December 31, 2023 and relates solely to the purchase of computer equipment. There were no investing activities for the fiscal year ended December 31, 2022. 2 Financing Activities Net cash from financing activities was $3,067,604 for the six months ended June 30, 2024 and primarily consisted of proceeds from our common stock offerings of $3,200,000 somewhat offset by a payment for a related party advance of approximately ($140,000). Net cash from financing activities was $349,610