Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1434

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1B
Chunk 1434
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, we consider all highly liquid debt instruments purchased with a maturity of three months or less to
be cash equivalents. As of December 31, 2024 and 2023, we had no cash equivalents.

The
following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the balance sheet that sum to
the total of the same such amounts shown in the statement of cash flows.

 SCHEDULE OF RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH

    December
    31,  
    December
    31, 

    2024  
    2023 
  
    Cash and cash
    equivalents 
    $22,467,710  
    $20,912,276 
  
    Restricted
    cash, current 
     -  
     230,354 
  
    Total
    cash, cash equivalents, and restricted cash shown on the statement of cash flows 
    $22,467,710  
    $21,142,630 

Amount
included in restricted cash represent funds required to be held in an escrow account by a contractual agreement and will be used for
paying dividends to our Series B Preferred Stockholders and funds required to be held in an account as collateral for business charges
on our Company credit card.

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.

    F-8

INVESTVIEW,
INC.

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER
31, 2024 AND 2023

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

 SCHEDULE
OF RECEIVABLES

    December 31,  
    December 31, 

    2024  
    2023 
  
    Due from merchant
    processors 
    $318,921  
    $1,732,456 
  
    Held in reserve by merchant
    processors for future returns and chargebacks [1] 
     1,872,035  
     1,219,