Company: RHNO
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001493152-25-022052
Chunk: 411

Company: RHINO BITCOIN INC.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 5
Chunk 411
---

    liabilities 
     -  
     31,553 

    Current liabilities 

    Trade payables 
    $138,348  
    $81,466 
  
    Amount due to related company 
     105,127  
     - 
  
    Retention sum payables 
     71,816  
     67,697 
  
    Other payables and accrued liabilities 
     77,489  
     34,386 
  
    Operating lease liabilities, current 
     -  
     29,469 
  
    Income tax payable 
     481  
     - 
  
    Total current liabilities 
     393,261  
     213,018 

    Total liabilities 
     393,261  
     244,571 

    STOCKHOLDERS’ EQUITY 

    Preferred stock, $0.0001 par value, 200,000,000 shares authorized;  None issued and outstanding 
     -  
     - 
  
    Common stock, $0.0001 par value, 1,000,000,000 shares authorized 7,133,985 and 6,653,990 shares issued and outstanding as of July 31, 2025 and 2024 respectively 
    $713  
    $665 
  
    Additional paid-in capital 
     4,237,787  
     3,277,835 
  
    Accumulated other comprehensive loss 
     (34,292) 
     (14,009)
  
    Accumulated deficit 
     (3,045,795) 
     (2,587,431)
  
    Total stockholders’ equity 
     1,158,413  
     677,060 

    TOTAL LIABILITIES AND STOCKHOLDERS’ FUND 
     1,551,674  
     921,631 

See
accompanying notes to consolidated financial statements.

F-4

PHOENIX PLUS CORP. (NOW KNOWN AS RHINO BITCOIN INC.)

CONSOLIDATED
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

FOR
THE YEARS ENDED JULY 31, 2025 AND 2024

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

(Audited)

    July 31, 2025