Company: INVUP
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010230
Chunk: 46

Company: Investview, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 46
---
     189,422  
     -  
     189,872 
  
    Cost of sales 
     -  
     -  
     331,998  
     331,998 
  
    General and administrative [2] 
     489,357  
     129,945  
     268,911  
     888,213 

    Segment net income (loss) from operations 
    $2,145,479  
    $(628,125) 
    $(530,429) 
    $986,925 

    [1]
    The Development of Health, Beauty and Wellness Products business was acquired in October 2024.

    [2]
    General and administrative costs consist mainly of professional fees, insurance, information technology and software and other payment processing fees.

    27

INVESTVIEW, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

AS OF March 31, 2025

(Unaudited)

The following table illustrates segment revenue and
segment net income from operations, including significant expense items reviewed by the CODM for the three months ended March 31, 2024.

    Financial Education and Technology  
    Blockchain Technology and Crypto Mining Products and Services  
    Total 
  
    Revenue 
    $13,029,318  
    $2,642,599  
    $15,671,917 

    Less: 

    Commissions 
     7,275,210  
     -  
     7,275,210 
  
    Market experts 
     260,250  
     -  
     260,250 
  
    Credit card processing 
     607,234  
     -  
     607,234 
  
    Salary and related 
     599,111  
     286,502  
     885,613 
  
    Selling and marketing 
     10,770  
     152  
     10,922 
  
    Energy and hosting 
     -  
     1,882,084  
     1,882,084 
  
    Depreciation 
     -  
     1,177,796  
     1,177,796 
  
    General and administrative [1] 
     255,641  
     76,295  
     331