Company: INVUP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011912
Chunk: 94

Company: Investview, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 94
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 and capital expenditure requirements. At June 30,
2025, we had a total of $16.2 million in cash and cash equivalents, which we believe is sufficient to meet our debt service, preferred
stock dividend payments and all other obligations in a timely manner and be able to meet our objectives.

NOTE
5 – DIGITAL ASSETS

Adoption
of ASU No. 2023-08, Accounting for and Disclosure of Digital Assets

Effective
January 1, 2025, the Company adopted ASU 2023-08, which requires entities to measure crypto assets at fair value with changes recognized
in the Statement of Operations each reporting period. The Company’s digital assets are within the scope of ASU 2023-08, and the
transition guidance requires a cumulative-effect adjustment as of the beginning of the current fiscal year for any difference between
the carrying amount of the Company’s digital assets and fair value. As a result of the Company’s early adoption of ASU 2023-08,
the Company recorded a $148,346 increase to digital assets and a $148,346 decrease to accumulated deficit on the Balance Sheets as of
the beginning of the fiscal year ended December 31, 2025.

The
following table presents the Company’s Digital Asset holdings as of June 30, 2025:

SCHEDULE
OF DIGITAL ASSETS

    Quantity  
    Cost Basis  
    Fair Value 
  
    Bitcoin 
     25.97  
    $2,602,813  
    $2,782,071 
  
    USDC 
     78,741.00  
     78,741  
     78,741 
  
    Total digital assets held as of June 30, 2025 
        
    $2,681,554  
    $2,860,812 

The
following table presents a roll-forward of total digital assets for the six months ended June 30, 2025, based on the fair value model
under ASU 2023-08:

SCHEDULE OF DIGITAL ASSETS ACTIVITY

    Fair Value 
  
    Balance as of December 31, 2024 
    $1,127,891 
  
    Beginning balance, Fair Value 
    $1,127,891 

     585,632 

    Cumulative effect adjustment upon adoption of ASU 2023-08 
     148,346