Company: RHNO
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001493152-25-022052
Chunk: 54

Company: RHINO BITCOIN INC.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 1
Chunk 54
---
 31 

    2025  
    2024  
    2025  
    2024  
    2025  
    2024 

    Cost of Revenue  
    Percentage of Cost of Revenue  
    Trade Payable 
  
    Vendor A 
    $94,757  
     -  
     23% 
     -  
     -  
     - 
  
    Vendor B 
    $53,701  
     -  
     13% 
     -  
    $16,940  
     - 
  
    Vendor C 
     -  
    $132,442  
     -  
     11% 
    $23,532  
    $21,741 
  
    Vendor D 
     -  
    $130,177  
     -  
     11% 
     -  
     - 
  
    Vendor E 
    $41,760  
     -  
     10% 
     -  
    $7,639  
     - 
  
    Vendor F 
    $24,866  
     -  
     6% 
     -  
    $22,887  
     - 
  
    Vendor G 
    $19,786  
     -  
     5% 
     -  
     -  
     - 

    $234,870  
    $262,619  
     57% 
     22% 
    $70,998  
    $21,741 

    F-21

PHOENIX PLUS CORP. (NOW KNOWN AS RHINO BITCOIN INC.)

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

FOR
THE YEARS ENDED JULY 31, 2025 AND 2024

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

17.
SEGMENT INFORMATION

ASC
280, “Segment Reporting” establishes standards for reporting information about operating segments on a basis consistent with
the Company’s internal organization structure as well as information about services categories, business segments and major customers
in financial statements. In accordance with the “Segment Reporting” Topic of the ASC, the Company’s chief operating
decision maker has been identified