Company: RIVF
Filing Date: 2025-06-09
Form Type: 10-KT/A
Source: 0001376474-25-000520
Chunk: 15

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-06-09
Form: 10-KT/A
Chunk 15
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 following unaudited financial information for the six-month period ended June 30, 2023. The unaudited financial information has been derived from the Company's Form 10-Q for the period ended June 30, 2023 that was filed with the SEC on August 14th, 2023.

|                                      | Six Month Ended 
   June 30, 2023 |
|:-------------------------------------|----------------:|
|                                      |      -Unaudited |
| Revenues                             |              $- |
| Gross profits                        |               - |
| Income taxes                         |               - |
| Loss from continuing operations      |         -95,819 |
| Net Loss                             |         -47,230 |
| Basic and diluted earnings per share |               - |

Note5.Property, Plant, and Equipment

Computer equipment, net, consisted of the following as of June 30, 2024 and December 31, 2023:

| Ended June 30, 2024     | Carrying Value |     | Depreciation |     | Balance |
|:------------------------|---------------:|:----|:-------------|:----|--------:|
| Computer equipment      |         $1,052 |     | $(228)       |     |    $824 |
| Ended December 31, 2023 | Carrying Value |     | Depreciation |     | Balance |
| Computer equipment      |         $1,052 |     | $(123)       |     |    $929 |

Further, depreciation expense was $105 and $123 for the six-month transition period ended June 30, 2024 and fiscal year ended December 31, 2023, respectively. The Company did not own any property, plant and equipment as of December 31, 2022, and, as such did not recognize any depreciation expense during its annual period ended December 31, 2022.

13 Note 6. Related Party Transactions Indebtedness On February 2, 2023, the Company issued a promissory note to a related partyfor $ 10,000with interest of 10% per annum with a scheduled maturity of February 1, 2024. On February 28, 2023, the Company issued a promissory note to a related partyfor $ 15,000with interest of 10% per annum with a scheduled maturity of February 27, 2024. On March 31, 2023, the Company issued