Company: RHNO
Filing Date: 2025-06-09
Form Type: 10-Q
Source: 0001641172-25-014247
Chunk: 24

Company: RHINO BITCOIN INC.
Filing Date: 2025-06-09
Form: 10-Q
Item: Item 1
Chunk 24
---
 31, 2024, operating lease liability as follow:

 SCHEDULE
OF OPERATING LEASE LIABILITY

    As
                                            of
    April
    30, 2025
    (Unaudited)

    As
                                            of
    July
    31, 2024
    (Audited)

    Initial
    recognition as of August 1, 2019
     
    $
    26,772

    $
    26,772

    Add:
    additional portion (increase of leasing fee)

    2,719

    2,719

    Add:
    new lease addition from July 1, 2021 to June 30, 2023

    40,445

    40,445

    Add:
    new lease addition from June 1, 2022 to May 31, 2023

    9,343

    9,343

    Add:
    new lease addition from June 1, 2023 to July 31, 2023

    1,534

    1,534

    Add:
    new lease addition from August 1, 2023 to July 31, 2026

    86,817

    86,817

    Less:
    gross repayment

    (136,652
    )

    (110,167
    )
  
    Add:
    imputed interest

    7,121

    5,064

    Foreign
    exchange translation gain

    3,560

    (1,505
    )
  
    Balance

    41,659

    61,022

    Less:
    lease liability current portion

    (33,040
    )

    (29,469
    )
  
    Lease
    liability non-current portion
     
    $
    8,619

    $
    31,553

For
the period ended April 30, 2025 and 2024, the amortization of the operating lease right of use asset are $22,652 and $19,072 respectively.

Maturities
of operating lease obligation as follow:

 SCHEDULE OF MATURITIES OF OPERATING LEASE OBLIGATION

    Year ending 

    July 31, 2025 (3 months) 
    $33,040 
  
    July 31, 2026 (12 months)