Company: RHNO
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001493152-25-022052
Chunk: 192

Company: RHINO BITCOIN INC.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 1C
Chunk 192
---
     (8,092)
  
    Balance as of July 31, 2024 
     6,653,990  
    $665  
    $3,277,835  
    $(14,009) 
    $(2,587,431) 
    $677,060 
  
    Round down of fractional share upon reverse stock split 
     (5) 
     -  
     -  
     -  
     -  
     - 
  
    Balance  
     6,653,990  
    $665  
    $3,277,835  
    $(14,009) 
    $(2,587,431) 
    $677,060 
  
    Stock issued-software acquisition on July 15, 2025 at $2 per shares 
     480,000  
    $48  
    $959,952  
     -  
     -  
     960,000 
  
    Net loss for the year 
     -  
     -  
     -  
     -  
     (458,364) 
     (458,364)
  
    Foreign currency translation adjustment 
     -  
     -  
     -  
     (20,283) 
     -  
     (20,283)
  
    Balance as of July 31, 2025 
     7,133,985  
    $713  
    $4,237,787  
    $(34,292) 
    $(3,045,795) 
    $1,158,413 
  
    Balance  
     7,133,985  
    $713  
    $4,237,787  
    $(34,292) 
    $(3,045,795) 
    $1,158,413 

*Common stock has
been adjusted on a retroactive basis to reflect 1-for-50 reverse stock split effective on June 27, 2025.

See
accompanying notes to consolidated financial statements

F-6

PHOENIX PLUS CORP. (NOW KNOWN AS RHINO BITCOIN INC.)

CONSOLIDATED
STATEMENTS OF CASH FLOWS  

FOR
THE YEARS ENDED JULY 31, 2025 AND 2024

(C