Company: RIVF
Filing Date: 2025-09-10
Form Type: 10-Q
Source: 0001493152-25-013005
Chunk: 38

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-09-10
Form: 10-Q
Item: Part I, Item 2
Chunk 38
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 below respective periods:

    For the Nine Months Ended March 31, 

    2025  
    2024 
  
    Net (loss) income 
    $(4,181,134) 
    $(120,402)
  
    Net cash flows provided by (used in) operating activities 
     (9,253,018) 
     (5,650,246)
  
    Net cash flows provided by (used in) investing activities: 
     -  
     - 
  
    Net cash flows provided by (used in) financing activities: 
     9,251,930  
     5,648,038 
  
    Net change in cash 
     (1,088) 
     (2,208)
  
    Cash, beginning of period 
     101,721  
     2,683 
  
    Cash, end of period 
    $100,633  
    $475 

Operating
Activities

Net
cash used in operating activities was approximately $9.3 million for the nine months ended March 31, 2025. Cash used in operating activities
resulted from a net loss for the nine months ended March 31, 2025 of approximately $4.2 million, a decrease in cash from changes in operating
assets and liabilities of approximately $15.5 million and amortization of film costs of approximately $10.5 million. Film cost amortization
is a non-cash expense and is a reconciling item between net loss and cash flow used in operations.

Net
cash used in operating activities was approximately $5.6 million for the nine months ended March 31, 2024. Cash used in operating activities
resulted from net loss for the nine months ended March 31, 2024 of approximately $0.1 million and a decrease in cash from changes in
operating assets and liabilities of approximately $5.5 million.

Investing
Activities

There
were no investing activities during either the nine months ended March 31, 2025 or 2024.

Financing
Activities

Net
cash provided by financing activities was approximately $9.3 million for the nine months ended March 31, 2025 and consisted of proceeds
from notes payable in the amount of approximately $19.3 million and payments on notes payable in the amount of approximately $10.0 million.

Net
cash provided by financing activities was approximately $5.6 million