Company: RIVF
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001493152-25-018109
Chunk: 115

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 1B
Chunk 115
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    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 
  
    Cash, end of period 
    $128,089  
    $101,721 

    Supplemental disclosure of cash flow information: 

    Cash paid for interest 
    $799,475  
    $- 
  
    Income taxes paid 
    $-  
    $- 

    Supplemental disclosure of non-cash activity: 

    Debt forgiveness related to reverse merger transaction (Note 8) 
    $8,077,965  
    $- 
  
    Recapitalization 
    $(3,626,770) 
    $- 

(The
accompanying notes are an integral part of these consolidated financial statements)

    (1)
    Financial
    information for the comparative period reflects the combination of certain former Rivulet Media, inc. entities under common control
    that were transferred as part of the reverse merger