Company: RIVF
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001493152-25-018109
Chunk: 310

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 5
Chunk 310
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 30, 2024, the
Company did not have any assets measured at fair value on a recurring basis that would require disclosure based on the fair value hierarchy
outlined in ASC 820.

    F-11

Related
Party Disclosures

The
Company discloses all related party transactions in accordance with the guidance in ASC 850, Related Party Disclosures. To that
extent, amounts of related party transactions are stated on the face of the consolidated balance sheets, consolidated
statements of operations and consolidated statements of cash flows (as applicable).

Segment
Reporting

The
Company currently operates in a single operating segment. Operating segments are reported in a manner consistent with the internal reporting
provided to the Company’s chief operating decision maker (“the CODM”). The Company’s CODM, which is its Chief
Executive Officer, views the Company’s operations and manages its business as a single operating segment, which is currently movie
film production. The CODM primarily evaluates cash flow from operations and overall liquidity to determine its ability to deliver its
picture films.

Commitments
and Contingencies

The
Company accounts for contingencies in accordance with ASC 450-20, Contingencies. Certain conditions may exist as of the date the consolidated financial statements are issued, which may result in a loss to the Company, but which will only be resolved when
one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves
an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or un-asserted
claims that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or un-asserted claims
as well as the perceived merits of the amount of relief sought or expected to be sought therein.

If
the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability
can be estimated, then the estimated liability would be accrued in the Company’s consolidated financial statements. If
the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but
cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and
material, would be disclosed. The Company is not currently involved in any legal proceedings that could require either accrual or disclosure.

In
addition to the stated interest rates on the loans, certain of our notes payable include a net profit