Company: RIVF
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001493152-25-018109
Chunk: 201

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 3
Chunk 201
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 issued ASU 2024-03, Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures
(Subtopic 220-40). The amendments in this update require disclosure, in the notes to combined financial statements, of specified information
about certain costs and expenses at each interim and annual reporting period. The amendments are effective for annual periods beginning
after December 15, 2026, and reporting periods beginning after December 15, 2027, with early adoption permitted. The Company is currently
evaluating the impact that the new ASU will have on its combined financial statements.

Item
7A. Quantitative and Qualitative Disclosures About Market Risk

As
a “smaller reporting company”, we are not required to provide this information.

12

Item
8. Financial Statements and Supplementary Data3

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

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