Company: RVRC
Filing Date: 2025-08-13
Form Type: S-1/A
Source: 0001213900-25-075747
Chunk: 188

Company: Revium Rx.
Filing Date: 2025-08-13
Form: S-1/A
Chunk 188
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 is available for evaluation by the chief
operating decision-maker in making decisions regarding resource allocation and assessing performance.

The Company
operates in one operating segment, and this segment is the only reporting unit.

| d. | Principles of consolidation: |

The consolidated
Financial Statements include the accounts of the Company and its wholly owned subsidiaries. Inter-company balances and transactions have
been eliminated upon consolidation.

| e. | Functional currency: |

The functional
currency of the Company and its subsidiaries and the presentation currency of the financial statements is the U.S. dollar.

Transactions
and balances denominated in U.S. dollars are presented at their original amounts. Monetary accounts denominated in currencies other than
the dollar are re-measured into dollars in accordance with ASC No. 830, “Foreign Currency Matters”. All transaction gains
and losses from the re-measurement of monetary balance sheet items are reflected in the consolidated statement of comprehensive loss as
financial income or expenses, as appropriate.

| f. | Cash and cash equivalents: |

Cash equivalents
are short-term highly liquid investments that are readily convertible to cash with original maturities of three months or less at acquisition.

| g. | Property and equipment, net: |

Property and
equipment are stated at cost, net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated
useful lives of the assets at the following rates:

|                                    |     | % |    |
| Computers and electronic equipment |     |   | 33 |

| h. | Impairment of long-lived assets: |

The Company’s
long-lived assets are reviewed for impairment in accordance with Accounting Standards Codification (“ASC”) 360, “Property,
Plant and Equipment”. Whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.
Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the future undiscounted
cash flows expected to be generated by the assets. If such asset is considered to be impaired, the impairment to be recognized is measured
by the amount by which the carrying amount of the asset exceeds its fair value.

<div align='center'>F-11</div>

REVIUM RX.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

U.S. dollars in thousands

NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES (Cont.)

Assets to be
disposed of are reported at the lower of the carrying amount or fair value less costs