Company: RIVF
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001493152-25-018109
Chunk: 389

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 7
Chunk 389
---
    $(5,032,568) 
    $(5,032,568)
  
    Balance 
     96,722,950  
    $96,723  
    $(96,723) 
    $(5,032,568) 
    $(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 
     -  
     -  
     -  
     (5,919,900) 
     (5,919,900)
  
    Balance, June 30, 2025 
     109,695,876  
    $109,696  
    $4,341,499  
    $(10,952,468) 
    $(6,501,273)

    Balance 
     109,695,876  
    $109,696  
    $4,341,499  
    $(10,952,468) 
    $(6,501,273)

(The
accompanying notes are an integral part of these consolidated financial statements)

    (1)
    For
    the twelve months ended June 30, 2024, 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 9)

    (2)
    Financial
    information for the comparative period reflects the combination of certain former Rivulet Media, inc. entities under common control
    that were transferred as part of the reverse merger transaction.

F-5

Rivulet
Entertainment, Inc.

Consolidated
Statements of Cash Flows

    2025  
    2024(1) 

    For the Twelve Months Ended June 30, 

    2025  
    2024(1) 
  
    Cash flows from operating activities: 

    Net loss 
    $(5,919,900) 
    $(181,489)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Am