Company: RHNO
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001493152-25-022052
Chunk: 28

Company: RHINO BITCOIN INC.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 1
Chunk 28
---

     6,653,990 

See
accompanying notes to consolidated financial statements.

F-5

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

CONSOLIDATED
STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY 

FOR
THE YEARS ENDED JULY 31, 2025 AND 2024

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

(Audited)

     Number of Shares  
     Amount*  

     COMMON
                                                                                                 STOCKS *  
     ADDITIONAL PAID-IN CAPITAL  
     ACCUMULATED  OTHER COMPREHENSIVE  LOSS  
     ACCUMULATED DEFICIT  
     TOTAL EQUITY 

     Number of Shares  
     Amount  

    Balance as of August 1, 2023 
     6,653,990  
    $665  
    $3,277,835  
    $(5,917) 
    $(2,149,650) 
    $1,122,933 
  
    Net loss for the year 
     -  
     -  
     -  
     -  
     (437,781) 
     (437,781)
  
    Foreign currency translation adjustment 
     -  
     -  
     -  
     (8,092) 
     -  
     (8,092)
  
    Balance as of July 31, 2024 
     6,653,990  
    $665  
    $3,277,835  
    $(14,009) 
    $(2,587,431) 
    $677,060 
  
    Round down of fractional share upon reverse stock split 
     (5) 
     -  
     -  
     -  
     -  
     - 
  
    Balance  
     6,653,990  
    $665  
    $3,277,835  
    $(14,009) 
    $(2,587,431) 
    $677,060 
  
    Stock issued-software acquisition on July 15, 2025 at $2 per shares 
     480,000