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

Company: Investview, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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net income from operations to assess the performance of, manage the operations of, and allocate capital and operational resources to
the Company’s three
reportable operating segments.

Financial
Statement Reclassification

Certain
account balances from prior periods have been reclassified in these consolidated financial statements to conform to current period classifications.

Use
of Estimates

The
preparation of these financial statements in conformity with generally accepted accounting principles requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the
date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ
from those estimates.

Concentration
of Credit Risk

Financial
instruments that potentially expose us to concentration of credit risk include cash, accounts receivable, and advances. We place our
cash and temporary cash investments with credit quality institutions. At times, such investments may be in excess of the Federal Deposit
Insurance Corporation (“FDIC”) insurance limit of $250,000. As of June 30, 2025 and December 31, 2024, cash balances that
exceeded FDIC limits were $13,051,902 and $10,837,830, respectively. We have not experienced significant losses relating to these concentrations
in the past.

Cash
Equivalents 

For
purposes of reporting cash flows, we consider all highly liquid debt instruments purchased with a maturity of three months or less to
be cash equivalents. As of June 30, 2025, and December 31, 2024, we had no cash equivalents.

Receivables

Receivables
are carried at net realizable value, representing the outstanding balance less an allowance for doubtful accounts based on a review of
all outstanding amounts. Management determines the allowance for doubtful accounts by regularly evaluating individual receivables and
receivables are written off when deemed uncollectible. Recoveries of receivables previously written off are recorded when received.

    8

INVESTVIEW,
INC.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

AS
OF JUNE 30, 2025

(Unaudited)

Receivables
were made up of the following as of each balance sheet date:

 SCHEDULE
OF RECEIVABLES

    June 30,  
    December 31, 

    2025  
    2024 
  
    Due from merchant