Company: RIVF
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001493152-25-018109
Chunk: 428

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 7A
Chunk 428
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 the Twelve Months Ended June 30, 

    2025  
    2024(1) 
  
    Cash flows from operating activities: 

    Net loss 
    $(5,919,900) 
    $(181,489)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Amortization of film costs 
     10,468,345  
     - 
  
    Investment impairment 
     1,000,000  
     - 
  
    Bad debt expense 
     -  
     120,000 
  
    Change in operating assets and liabilities: 

    Accounts receivable 
     (1,999,979) 
     29,997 
  
    Prepaid expenses 
     22,061  
     (45,377)
  
    Other current assets 
     (778,530) 
     - 
  
    Film costs 
     (15,457,179) 
     (9,594,246)
  
    Deposits 
     (12,050) 
     (758,274)
  
    Accounts payable 
     532,973  
     205,249 
  
    Accrued expenses 
     1,259,869  
     690,133 
  
    Other current liabilities 
     (91,810) 
     77,634 
  
    Net cash flows used in operating activities 
     (10,976,200) 
     (9,456,373)

    Cash flows from investing activities: 

    Net cash flows provided by (used in) investing activities: 
     -  
     - 

    Cash flows from financing activities: 

    Proceeds from notes payable 
     21,660,506  
     6,185,000 
  
    Payments on note payable 
     (10,657,938) 
     - 
  
    Proceeds from notes payable - related party 
     -  
     3,370,411 
  
    Net cash flows provided by financing activities: 
     11,002,568  
     9,555,411 

    Net change in cash 
     26,368  
     99,038 
  
    Cash, beginning of period 
     101,721  
     2,683