Company: RIVF
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001493152-25-018109
Chunk: 150

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 2
Chunk 150
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operations. There is no assurance we will be successful in raising additional capital or achieving profitable operations.

The
Company had notes payable, which were used to fund our film production, totaling $20,169,282 as of June 30, 2025. Further, the Company
still has a $3,500,000 outstanding balance to Rivulet Media, inc. stemming from the merger transaction.

Going
Concern

The
Company had cash of $128,089 as of June 30, 2025, negative working capital of approximately $23.4 million and accumulated deficit
of approximately $11.0 million. Further, during the twelve months ended June 30, 2025, the Company incurred a net loss of approximately
$5.9 million and cash flow used in operations of approximately $11.0 million for the twelve months ended June 30, 2025. As such, the
Company concluded that there is substantial about its ability to continue as a going concern. The Company hopes to mitigate the conditions
or events that raise substantial doubt about its ability to continue as a going concern through its future sales of movie rights and
future capital raises.

9

Cash
Flows

The
following tables summarize the results of our cash flows for the below respective periods:

    For the Twelve Months Ended June 30, 

    2025  
    2024 
  
    Net loss 
    $(5,919,900) 
    $(181,489)
  
    Net cash flows used in operating activities 
     (10,976,200) 
     (9,456,373)
  
    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 

Operating
Activities

Net
cash used in operating activities was approximately $11.0 million for the twelve months ended June 30, 2025. Cash used in operating
activities resulted from a net loss for the twelve months ended June 30, 2025 of approximately $5.9 million, a decrease in cash from
changes in operating assets and liabilities of approximately $16.5 million offset by amortization of film