Company: INVUP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011912
Chunk: 20

Company: Investview, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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 occur.
There is no significant financing component or risk of a significant revenue reversal in these transactions due to the performance obligations
and settlement of the transactions being on a daily basis.

Health
and Wellness Product Sales and Other Revenue

Through
our wholly owned subsidiary, Renu Laboratories LLC, we generate revenue by manufacturing and selling health, beauty and wellness products.
We recognize health and wellness product sales revenue in accordance with ASC 606-10. The Company’s performance obligation is complete
when control of the promised goods is transferred to a customer, at which time the Company recognizes revenue in an amount that reflects
the consideration the Company expects to receive in exchange for those goods. The Company terms for the sale are based on free on board
(FOB) shipping point, where the control passes to the customer once the product leaves our warehouse. The Company determines collectability
by requiring certain customers to pay before control is transferred and by performing ongoing credit evaluations and monitoring customer
accounts receivable balances. As of June 30, 2025, and December 31, 2024, deposits collected from customers for orders to be filled at
a future date were $1,069,187 and $1,014,164, respectively, which are recorded as deferred revenue in the Consolidated Balance Sheets.

Shipping
and direct costs charged to customers, along with fees collected from customers for storing their products in our warehouse facility
located in Warminster, Pennsylvania are included in revenue as Other Revenue. Shipping and direct costs incurred by the Company are included
in Cost of Sales and Service.

    12

INVESTVIEW,
INC.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

AS
OF JUNE 30, 2025

(Unaudited)

Revenue
generated for the three months ended June 30, 2025, was as follows:

SCHEDULE OF REVENUE GENERATED 

    Membership revenue  
    Mining revenue  
    Health and wellness product sales  
    Other Revenue  
    Total 
  
    Gross billings/receipts 
    $8,199,283  
    $829,231  
    $1,311,747  
    $38,307  
    $10,378,568 
  
    Refunds, incentives, credits, and chargebacks 
     (354,601) 
     -  
     (49) 
     -  
     (354,650)
  
    Net