Company: RHNO
Filing Date: 2025-06-09
Form Type: 10-Q
Source: 0001641172-25-014247
Chunk: 56

Company: RHINO BITCOIN INC.
Filing Date: 2025-06-09
Form: 10-Q
Item: Item 8
Chunk 56
---
3 to July 31, 2026

    86,817

    86,817

    Less:
    gross repayment

    (136,652
    )

    (110,167
    )
  
    Add:
    imputed interest

    7,121

    5,064

    Foreign
    exchange translation gain

    3,560

    (1,505
    )
  
    Balance

    41,659

    61,022

    Less:
    lease liability current portion

    (33,040
    )

    (29,469
    )
  
    Lease
    liability non-current portion
     
    $
    8,619

    $
    31,553

For
the period ended April 30, 2025 and 2024, the amortization of the operating lease right of use asset are $22,652 and $19,072 respectively.

Maturities
of operating lease obligation as follow:

 SCHEDULE OF MATURITIES OF OPERATING LEASE OBLIGATION

    Year ending 

    July 31, 2025 (3 months) 
    $33,040 
  
    July 31, 2026 (12 months) 
     8,619 
  
    Total 
    $41,659 

Other
information:

 SCHEDULE OF OTHER INFORMATION

    2025  
    2024 

    Period ended April 30 

    2025  
    2024 

    (Unaudited)  
    (Unaudited) 
  
    Cash paid for amounts included in the measurement of lease liabilities: 

    Operating cash flow from operating lease 
    $19,363  
    $21,836 
  
    Right-of-use assets obtained in exchange for operating lease liabilities 
     -  
     - 
  
    Remaining lease term for operating lease (years) 

    Lease 1 
     -  
     - 
  
    Lease 2 
     -  
     - 
  
    Lease 3 
     1.5  
     2.2 
  
    Weighted average discount rate for operating lease 

    Lease 1 
     -  
     - 
  
    Lease 2 
     -  
     - 
  
    Lease 3 
     6.85%