Company: RIVF
Filing Date: 2025-09-10
Form Type: 10-Q
Source: 0001493152-25-013005
Chunk: 2

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-09-10
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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    Gross margin  
    $-  
    $-  
    $(468,247) 
    $- 

     . 
  
    Operating Expense  

    General and administrative  
    $326,385  
    $9,246  
    $3,074,162  
    $120,402 
  
    Total operating expenses  
    $326,385  
    $9,246  
    $3,074,162  
    $120,402 

    Net loss from operations  
    $(326,385) 
    $(9,246) 
    $(3,542,409) 
    $(120,402)

    Other (expense) income  

    Other  income  
    $136  
    $-  
    $2,112  
    $- 
  
    Interest expense  
     (228,290) 
     -  
     (640,837) 
     - 
  
    Other expense 
    $(228,154) 
    $-  
    $(638,725) 
    $- 

    Net loss before income taxes  
    $(554,539) 
    $(9,246) 
    $(4,181,134) 
    $(120,402)
  
    Income tax expense  
     -  
     -  
     -  
     - 
  
    Net loss  
    $(554,539) 
    $(9,246) 
    $(4,181,134) 
    $(120,402)

    Basic and diluted loss per share  
    $(0.01) 
    $(0.00) 
    $(0.04) 
    $(0.00)

    Basic and diluted weighted average shares outstanding(1) 
     109,695,876  
     96,722,950  
     109,365,656  
     96,722,950 

The
accompanying notes are an integral part of these condensed consolidated financial statements.

    (1)
    Basic
    and diluted share information has been determined using the exchange ratio established as part of the reverse merger that was completed
    during July of 2024 (refer to Note 8)

    (2)
    Financial
    information for the comparative period reflects the combination of certain former Rivulet Media, inc. entities under common