Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 227

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 8
Chunk 227
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 believe are applicable or would have
a material impact on our financial statements.

    F-14

INVESTVIEW,
INC.

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER
31, 2024 AND 2023

NOTE
4 – LIQUIDITY

Our
financial statements are prepared using generally accepted accounting principles applicable to a going concern that contemplates the
realization of assets and liquidation of liabilities in the normal course of business.

During the year ended December 31, 2024, we met our short-and long-term
working capital and capital expenditure requirements. Our net cash provided by operating activities for the year ended December 31, 2024,
was $8.3 million. We used our cash provided by operating activities for the acquisition of substantially all the assets of Renu Labs for $1.1 million, the purchase of fixed assets in the amount of $0.5 million, principal and interest payments on debt of $1.3 million,
the repurchase of common shares totaling $3.4 million, total dividend payments on our preferred stock of $0.7 million and added $1.3 million
to our cash balance, which totaled $22.5 million at December 31, 2024. We believe we will have sufficient resources, including cash flow
from operations and access to capital markets, to meet debt service and other obligations in a timely manner and be able to meet our objectives.

NOTE
5 – RELATED PARTY TRANSACTIONS

Related
Party Debt

Our
related party debt consisted of the following:

SCHEDULE OF RELATED PARTY PAYABLES 

    December
    31,  
    December
    31, 

    2024  
    2023 
  
    Convertible
    Promissory Note entered into on 4/27/20, net of debt discount of $692,004
    as of December 31, 2024 [1] 
    $607,996  
    $477,711 
  
    Convertible Promissory
    Note entered into on 5/27/20, net of debt discount of $375,700
    as of December 31, 2024 [2] 
     324,304  
     253,566 
  
    Convertible Promissory
    Note entered into on 11/9/20, net of debt discount of $731,254
    as of