Company: RIVF
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001493152-25-018109
Chunk: 459

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 8
Chunk 459
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Table
of contents

    Index

    Report of Independent Registered Public Accounting Firm (PCAOB ID: [6920])
     
    F–1

    Consolidated Balance Sheets as of June 30, 2025 and 2024
     
    F–3

    Consolidated Statements of Operations for the Twelve Months Ended June 30, 2025 and 2024 
     
    F–4

    Consolidated Statements of Shareholders’ Deficit for the Twelve Months Ended June 30, 2025 and 2024
     
    F–5

    Consolidated Statements of Cash Flows for the Twelve Months Ended June 30, 2025 and 2024
     
    F–6

    Notes to the Consolidated Financial Statements
     
    F–7

13

Table of Contents

REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To
the Board of Directors and

Stockholders of Rivulet Entertainment, Inc.

Opinion
on the Financial Statements

We
have audited the accompanying consolidated balance sheets of Rivulet Entertainment, Inc. (the “Company”) as of June 30,
2025 and 2024, and the related consolidated statements of operations, shareholders’ deficit, and cash flows for each of the
years in the two-year period ended June 30 2025, and the related notes (collectively referred to as the financial statements). In
our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of June 30,
2025 and 2024, and the results of its operations and its cash flows for each of the years in the two-year period ended June 30
2025, in conformity with accounting principles generally accepted in the United States of America.

Substantial
Doubt about the Company’s Ability to Continue as a Going Concern

The
accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note
2, the Company has incurred net losses and negative cash flow from operations. These factors raise substantial doubt about the Company’s
ability to continue as a going concern. Our opinion is not modified with respect to that matter.

Basis
for Opinion

These
financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s
financial statements based on our audits. We are a public accounting firm registered with the Public