Rivulet Entertainment, Inc.
avrsys.comWhat Do They Do?
Produces, distributes and markets feature films, television series and movies for film distributors and audiences, and also provides music production.
10-K for FY2025, filed Oct 15, 2025Rivulet Entertainment, Inc. (the “Company”, “we” or “us”), is an independent studio engaged in the production, distribution and marketing…View ↗
How Do They Make Money?
Distributors pay a fixed amount for motion-picture rights after the company delivers the license, typically within 90 days; it may also receive royalties when box-office or video-on-demand sales reach specified levels.
10-K for FY2025, filed Oct 15, 2025
$10M
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10-K for FY2025, filed Oct 15, 2025
$10M ↗
Who Are Their Customers?
Film distributors license the company’s motion-picture rights. The company describes distributors as its customers.
10-K for FY2025, filed Oct 15, 2025The Company’s contracts with its customers currently contain a single performance obligation comprised of a license to motion picture…View ↗
Do Revenues Turn Into Profits?
No. It lost $5.9M in FY2025.
10-K for FY2025, filed Oct 15, 2025
How Are They Changing?
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Apr 16, 2026
The CEO resigned from his officer roles and the board.
Walter Geldenhuys resigned as CEO, interim CFO and board member.
Sources
8-K, filed Apr 16, 2026
On April 9, 2026, Walter Geldenhuys, Chief Executive Officer, Interim Chief Financial Officer and sole member of the Board of Directors of…View ↗
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Feb 19, 2026
The acquisition payment was changed to shares.
The cash amount was replaced with restricted common shares and Series C preferred shares.
Sources
8-K, filed Feb 19, 2026
On February 12, 2026 Rivulet Entertainment, Inc., (f/k/a Advanced Voice Recognition Systems, Inc.) a Nevada corporation (“the Company”)…View ↗
From speech software to film production
The earlier report described a software company focused on speech recognition products and patent licensing. The latest report describes a studio producing and distributing films and television content, and providing music production.
10-K for FY2022, filed Mar 28, 2023 10-K for FY2025, filed Oct 15, 2025Advanced Voice Recognition Systems, Inc. (the “Company”, “we” or “us”), is a software development company headquartered in Scottsdale…View ↗
Our principal proposed product is speech recognition software and related firmware which allows for dictation into a broad range of…View ↗
We believe that our patented technology has applications in hardware manufacturing, and to that end, when we have sufficient available…View ↗
Rivulet Entertainment, Inc. (the “Company”, “we” or “us”), is an independent studio engaged in the production, distribution and marketing…View ↗
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