Company: RHNO
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001493152-25-022052
Chunk: 382

Company: RHINO BITCOIN INC.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 4
Chunk 382
---
 1, 2019.

16.
CONCENTRATION OF RISK

The
Company is exposed to the following concentrations of risk:

 SCHEDULE
OF CONCENTRATION OF RISK

    (a)
    Major
    customers

For
the year ended July 31, 2025 and 2024, the customers who accounted for 10% or more of the Company’s sales and its outstanding receivable
balance at year-end are presented as follows:

    For the year ended July 31 

    2025  
    2024  
    2025  
    2024  
    2025  
    2024 

    Revenue  
    Percentage of Revenue  
    Trade Receivable 

    Customer A 
    $400,465  
    $-  
     84% 
               -  
    $201,143  
     - 
  
    Customer B 
     -  
    $631,931  
     -  
     51% 
     -  
    $628 
  
    Customer C 
     -  
    $581,406  
     -  
     47% 
     -  
    $7,183 

    $400,465  
    $1,213,337  
     84% 
     98% 
    $201,143  
    $7,811 

    (b)
    Major
    vendors

For
the year ended July 31, 2025 and 2024, the vendors who accounted for 10% or more of the Company’s purchases and its outstanding
payable balance at year-end are presented as follows:

    For the year ended July 31 

    2025  
    2024  
    2025  
    2024  
    2025  
    2024 

    Cost of Revenue  
    Percentage of Cost of Revenue  
    Trade Payable 
  
    Vendor A 
    $94,757  
     -  
     23% 
     -  
     -  
     - 
  
    Vendor B 
    $53,701  
     -  
     13% 
     -  
    $16,940  
     - 
  
    Vendor