Company: RIVF
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001493152-25-018109
Chunk: 555

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 1C
Chunk 555
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30, 2025, Rivulet Entertainment, Inc. consolidated included the following wholly owned subsidiaries:

 SCHEDULE OF WHOLLY OWNED SUBSIDIARIES

    Entity
    Name
     
    Year
    of Incorporation
     
    Percentage
    Ownership
  
    Nutcracker,
    LLC
     
    2023
     
    100%
  
    Kicklight,
    LLC
     
    2023
     
    100%
  
    Good
    News, LLC
     
    2021
     
    100%
  
    Please
    Baby Please LLC
     
    2020
     
    100%
  
    Mistress
    Movie, LLC
     
    2020
     
    100%
  
    LAC2
    Productions, LLC
     
    2022
     
    100%
  
    Acolyte
    Productions, LLC
     
    2022
     
    100%
  
    Storyland
    Productions, LLC
     
    2021
     
    100%
  
    Da
    Vinci, LLC
     
    2023
     
    100%
  
    Garden,
    LLC
     
    2023
     
    100%
  
    Storyland
    Animation, LLC
     
    2021
     
    100%
  
    Rivulet
    Media Ventures, LLC
     
    2023
     
    100%
  
    The
    Dink Productions, LLC
     
    2024
     
    100%

Going
Concern

The
Company had cash of $128,089 as
of June 30, 2025, negative working capital of $23.4 million and accumulated deficit of $11.0
million. Further, during the twelve months ended
June 30, 2025, the Company incurred a net loss of $5.9
million and cash flow used in operations of $11.0
million for the twelve months ended June 30, 2025. As such,
the Company concluded that there is substantial about its ability to continue as a going concern. The Company hopes to mitigate the conditions
or events that raise substantial doubt about its ability to continue as a going concern through its future sales of movie rights and
future capital raises.

Use
of Estimates