Company: RIVF
Filing Date: 2025-09-10
Form Type: 10-Q
Source: 0001493152-25-013005
Chunk: 4

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-09-10
Form: 10-Q
Item: Part I, Item 1
Chunk 4
---
 $(5,032,568)
  
    Recapitalization 
     12,972,926  
     12,973  
     (3,639,743) 
     -  
     (3,626,770)
  
    Related Party Debt Forgiveness 
     -  
     -  
     8,077,965  
     -  
     8,077,965 
  
    Net loss 
     -  
     -  
     -  
     (603,364) 
     (603,364)
  
    Balance, September 30, 2024 
     109,695,876  
    $109,696  
    $4,341,499  
    $(5,635,932) 
    $(1,184,737)

    Net loss 
     -  
     -  
     -  
     (3,023,231) 
     (3,023,231)
  
    Balance, December 31, 2024 
     109,695,876  
    $109,696  
    $4,341,499  
    $(8,659,163) 
    $(4,207,968)
  
    Balance 
     109,695,876  
    $109,696  
    $4,341,499  
    $(8,659,163) 
    $(4,207,968)

    Net loss 
     -  
     -  
     -  
     (554,539) 
     (554,539)
  
    Balance, March 31, 2025 
     109,695,876  
    $109,696  
    $4,341,499  
    $(9,213,702) 
    $(4,762,507)
  
    Balance 
     109,695,876  
    $109,696  
    $4,341,499  
    $(9,213,702) 
    $(4,762,507)

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

    (1)
    Common
    stock outstanding has been determined in accordance with the exchange ratio established as part of the reverse merger that was completed
    during July of 2024 (refer to Note