Company: RIVF
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001493152-25-018109
Chunk: 427

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 7A
Chunk 427
---
,079)
  
    Net loss 
     -  
     -  
     -  
     (181,489) 
     (181,489)
  
    Balance, June 30, 2024 
     96,722,950  
    $96,723  
    $(96,723) 
    $(5,032,568) 
    $(5,032,568)
  
    Balance 
     96,722,950  
    $96,723  
    $(96,723) 
    $(5,032,568) 
    $(5,032,568)

    Recapitalization 
     12,972,926  
     12,973  
     (3,639,743) 
     -  
     (3,626,770)
  
    Related Party Debt Forgiveness 
     -  
     -  
     8,077,965  
     -  
     8,077,965 
  
    Net loss 
     -  
     -  
     -  
     (5,919,900) 
     (5,919,900)
  
    Balance, June 30, 2025 
     109,695,876  
    $109,696  
    $4,341,499  
    $(10,952,468) 
    $(6,501,273)

    Balance 
     109,695,876  
    $109,696  
    $4,341,499  
    $(10,952,468) 
    $(6,501,273)

(The
accompanying notes are an integral part of these consolidated financial statements)

    (1)
    For
    the twelve months ended June 30, 2024, common stock outstanding has been determined in accordance with the exchange ratio established
    as part of the reverse merger that was completed during July of 2024 (refer to Note 9)

    (2)
    Financial
    information for the comparative period reflects the combination of certain former Rivulet Media, inc. entities under common control
    that were transferred as part of the reverse merger transaction.

F-5

Rivulet
Entertainment, Inc.

Consolidated
Statements of Cash Flows

    2025  
    2024(1) 

    For