Company: RHNO
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001493152-25-022052
Chunk: 542

Company: RHINO BITCOIN INC.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 7
Chunk 542
---
OENIX 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)

As
of July 31, 2025 and July 31, 2024, operating lease right of use asset as follow:

 SCHEDULE OF OPERATING LEASE RIGHT OF USE ASSET 

    As of  July 31, 2025  
    As of  July 31, 2024 

     (Audited)  
     (Audited) 
  
    Initial recognition as of August 1, 2019 
    $26,772  
    $26,772 
  
    Additional portion from July 31, 2020 to June 30, 2021 
     2,719  
     2,719 
  
    Add: new lease addition from July 1, 2021 to June 30, 2024 
     40,445  
     40,445 
  
    Add: new lease addition from June 1, 2022 to May 31, 2024 
     9,343  
     9,343 
  
    Add: new lease addition from June 1, 2024 to July 31, 2024 
     1,534  
     1,534 
  
    Add: new lease addition from August 1, 2024 to July 31, 2026 
     86,817  
     86,817 
  
    Less: written off due to early termination 
     (38,450) 
     - 
  
    Accumulated amortization 
     (133,319) 
     (105,299)
  
    Foreign exchange translation loss 
     4,139  
     (3,134)
  
    Balance end of the year 
    $-  
    $59,197 

As
of July 31, 2025 and July 31, 2024, operating lease liability as follow:

 SCHEDULE
OF OPERATING LEASE LIABILITY

    As of  July 31, 2025  
    As of  July 31, 2024