Company: RIVF
Filing Date: 2025-09-10
Form Type: 10-Q
Source: 0001493152-25-013005
Chunk: 39

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-09-10
Form: 10-Q
Item: Part I, Item 2
Chunk 39
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 for the nine months ended March 31, 2024 and consisted of proceeds
from notes payable in the amount of approximately $11.5 million and payments on notes payable in the amount of approximately $5.8 million.

 17

Results
of Operations

Our
financial results for the three and nine months ended March 31, 2025 and 2024 are summarized as follows:

    For the Three Months Ended March 31,  
    For the Nine Months Ended March 31, 

    2025  
    2024  
    2025  
    2024 
  
    Revenues 
    $-  
    $-  
    $10,000,000  
    $- 
  
    Film cost amortization 
     -  
     -  
     10,468,247  
     - 
  
    Gross margin 
    $-  
    $-  
    $(468,247) 
    $- 

    Operating Expense 

    General and administrative 
    $326,385  
    $9,246  
    $3,074,162  
    $120,402 
  
    Total operating expenses 
    $326,385  
    $9,246  
    $3,074,162  
    $120,402 

    Net loss before other income (expense) 
     (326,385) 
     (9,246) 
     (3,542,409) 
     (120,402)

    Other income (expense) 
    $(228,154) 
    $-  
    $(638,725) 
    $- 

    Net (loss) income before income taxes 
     (554,539) 
     (9,246) 
     (4,181,134) 
     (120,402)
  
    Income tax expense 
     -  
     -  
     -  
     - 
  
    Net (loss) income 
    $(554,539) 
    $(9,246) 
    $(4,181,134) 
    $(120,402)

For
the Three Months Ended March 31, 2025 compared to the Three Months Ended March 31, 2024

Revenues

The
Company recognized no revenues during the three months ended March 31,