Company: RIVF
Filing Date: 2025-06-26
Form Type: 8-K/A
Source: 0001376474-25-000553
Chunk: 14

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-06-26
Form: 8-K/A
Chunk 14
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 was driven by investments in film production of ($257,500) and a ($2,000,000) investment in a tequila company. Financing Activities Net cash from financing activities was $9,555,411 for the year ended June 30, 2024 and primarily consisted of proceeds from notes payable of $6,185,000 and proceeds from notes payable from related parties of $3,370,411. Net cash from financing activities was $1,305,403 for the fiscal year ended June 30, 2023 and primarily consisted of proceeds from notes payable of $2,381,903, partially offset by payments on notes payable of ($1,026,500) and payments on notes payable from related parties of ($50,000). Results of Operations Our financial results for the years ended June 30, 2024 and 2023 are summarized as follows:

|                                       |     | For the Year Ended June 30, 
                        2024 |     |       2023 |
|:--------------------------------------|:----|----------------------------:|:----|-----------:|
| Revenues                              |     |                     $60,000 |     | $1,813,514 |
| Production cost amortization          |     |                           - |     |    427,965 |
| Gross margin                          |     |                     $60,000 |     | $1,385,549 |
|                                       |     |                             |     |          . |
| Operating Expense                     |     |                             |     |            |
| General and administrative            |     |                    $241,489 |     |   $174,630 |
| Total operating expenses              |     |                    $241,489 |     |   $174,630 |
| Net (loss) income before income taxes |     |                  $(181,489) |     | $1,210,919 |

Revenues The Company recognized revenues of $60,000 and $1,813,514 for the fiscal years ended June 30, 2024 and 2023, respectively. The fiscal year ended June 30, 2024 revenue of $60,000 consisted of movie film license fees on a single picture film. The fiscal year ended June 30, 2023 revenue of $1,813,514 consisted of film license fees for three separate picture films in the amounts of $1,600,000, $123,514 and $90,000. Production Cost Amortization Production cost amortization totaled $0