Company: INVUP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011912
Chunk: 149

Company: Investview, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 2
Chunk 149
---
  

    Cost of sales and service 
    $4,006,686  
    $3,445,944  
    $560,742 
  
    Commissions 
     9,252,605  
     13,718,054  
     (4,465,449)
  
    Selling and marketing 
     186,658  
     531,808  
     (345,150)
  
    Salary and related 
     3,429,501  
     3,387,814  
     41,687 
  
    Professional fees 
     1,018,033  
     784,996  
     233,37 
  
    Gain on disposal of assets 
     (91,837) 
     180,223  
     (272,060)
  
    General and administrative 
     2,682,498  
     4,404,253  
     (1,721,755)
  
    Total operating costs and expenses 
    $20,484,144  
    $26,453,092  
    $(5,968,948)

Operating
costs decreased $5,968,948 or (23%), from $26,453,092 for the six months ended June 30, 2024, to $20,484,144 for the six months ended
June 30, 2025. The decrease can be explained by a reduction in commissions of $4.5 million, which was a result of a decrease in our membership
revenue, a reduction in general and administrative expenses of $1.7 million, which was a result of decreases in credit card processing
fees due to the decreases in our membership revenue and decreases in costs related to our mining operations, and a reduction in selling
and marketing expenses of $345 thousand, which was due to a decrease in costs associated with promotional events iGenius held during
the six months ended June 30, 2025 and 2024. These decreases were offset by an increase in cost of sales and services of $561 thousand,
which was a result of an increase in our health and wellness product sales.

Other
Income and Expenses

    Six Months Ended June 30,  

    2025  
    2024  
    Change 

    (unaudited)  
    (unaudited)  

    Gain (loss)