Company: RHNO
Filing Date: 2025-06-09
Form Type: 10-Q
Source: 0001641172-25-014247
Chunk: 59

Company: RHINO BITCOIN INC.
Filing Date: 2025-06-09
Form: 10-Q
Item: Item 8
Chunk 59
---
     12% 
     -  
     22,516  
     - 

    $54,394  
    $213,272  
     28% 
     80% 
    $37,067  
    $13,873 

For
the nine months ended April 30, 2025 and 2024, the vendors who accounted for 10% or more of the Company’s purchases and its outstanding
payable balance at period-end are presented as follows:

    Nine months ended April 30 

    2025  
    2024  
    2025  
    2024  
    2025  
    2024 

    Cost of Revenue  
    Percentage of Cost of Revenue  
    Trade Payable 
  
    Vendor  A 
    $-  
    $128,807  
     -  
     11% 
    $-  
    $905 
  
    Vendor  B 
     -  
     131,048  
     -  
     11% 
     -  
     20,966 
  
    Vendor E 
     34,200  
     -  
     12% 
     -  
     14,551  
     - 
  
    Vendor F 
     24,692  
     -  
     8% 
     -  
     22,516  
     - 

    $58,892  
    $259,855  
     20% 
     22% 
    $37,067  
    $21,871 

    F-17

PHOENIX
PLUS CORP.

NOTES
TO CONDENSED FINANCIAL STATEMENTS

FOR
THE NINE MONTHS ENDED APRIL 30, 2025

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

(UNAUDITED)

16.
SEGMENT INFORMATION

ASC
280, “Segment Reporting” establishes standards for reporting information about operating segments on a basis consistent with
the Company’s internal organization structure as well as information about services categories, business segments and major customers
in financial statements. In accordance with the “Segment Reporting” Topic of the ASC, the Company’s chief operating
decision maker has been identified as the Chief