Company: RHNO
Filing Date: 2025-06-09
Form Type: 10-Q
Source: 0001641172-25-014247
Chunk: 55

Company: RHINO BITCOIN INC.
Filing Date: 2025-06-09
Form: 10-Q
Item: Item 8
Chunk 55
---
,445  
     40,445 
  
    Add: new lease addition from June 1, 2022 to May 31, 2023 
     9,343  
     9,343 
  
    Add: new lease addition from June 1, 2023 to July 31, 2023 
     1,534  
     1,534 
  
    Add: new lease addition from August 1, 2023 to July 31, 2026 
     86,817  
     86,817 
  
    Accumulated amortization 
     (128,313) 
     (105,299)
  
    Foreign exchange translation loss 
     1,128  
     (3,134)
  
    Balance 
    $40,445  
    $59,197 

    F-15

PHOENIX
PLUS CORP.

NOTES
TO CONDENSED FINANCIAL STATEMENTS

FOR
THE NINE MONTHS ENDED APRIL 30, 2024

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

(UNAUDITED)

As
of April 30, 2025 and July 31, 2024, operating lease liability as follow:

 SCHEDULE
OF OPERATING LEASE LIABILITY

    As
                                            of
    April
    30, 2025
    (Unaudited)

    As
                                            of
    July
    31, 2024
    (Audited)

    Initial
    recognition as of August 1, 2019
     
    $
    26,772

    $
    26,772

    Add:
    additional portion (increase of leasing fee)

    2,719

    2,719

    Add:
    new lease addition from July 1, 2021 to June 30, 2023

    40,445

    40,445

    Add:
    new lease addition from June 1, 2022 to May 31, 2023

    9,343

    9,343

    Add:
    new lease addition from June 1, 2023 to July 31, 2023

    1,534

    1,534

    Add:
    new lease addition from August 1, 202