Company: RIVF
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001493152-25-018109
Chunk: 424

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 7A
Chunk 424
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 Tampa, Florida
  
    October 15, 2025

F-2

Rivulet
Entertainment, Inc.

Consolidated
Balance Sheets

    2025  
    2024(2) 

    As of June 30, 

    2025  
    2024(2) 

    ASSETS 

    CURRENT ASSETS 

    Cash 
    $128,089  
    $101,721 
  
    Accounts receivable, net 
     1,999,979  
     - 
  
    Prepaid expenses 
     24,983  
     47,044 
  
    Other current assets 
     778,530  
     - 
  
    Total current assets 
    $2,931,581  
    $148,765 

    NONCURRENT ASSETS 

    Film costs 
    $15,013,594  
    $10,024,760 
  
    Deposits 
     866,440  
     854,390 
  
    Equity investment 
     1,000,000  
     2,000,000 
  
    Total noncurrent assets 
    $16,880,034  
    $12,879,150 

    Total assets 
    $19,811,615  
    $13,027,915 

    LIABILITIES AND SHAREHOLDERS’ DEFICIT 

    CURRENT LIABILITIES 

    Accounts payable 
    $738,222  
    $205,249 
  
    Accrued expenses 
     1,979,924  
     712,229 
  
    Related party loans, current 
     2,880,000  
     - 
  
    Notes payable, current 
     17,214,742  
     4,890,000 
  
    Other current liabilities 
     3,500,000  
     154,689 
  
    Total current liabilities 
    $26,312,888  
    $5,962,167 

    NONCURRENT LIABILITIES 

    Related party loans, non-current 
     -  
     10,768,316 
  
    Notes payable, non-current 
     - 
     1,330,000 
  
    Total noncurrent liabilities 
    $- 
    $12,098,316