Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 329

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9
Chunk 329
---
-  
     3,873,305 
  
    Impairment expense 
     -  
     1,771,891  
     -  
     1,771,891 
  
    Cost of sales 
     -  
     -  
     56,521  
     56,521 
  
    Loss (gain) on disposal of assets 
     -  
     180,223  
     -  
     180,223 
  
    General and administrative [2] 
     1,491,652  
     391,040  
     116,221  
     1,998,913 

    Segment net income (loss) from operations 
    $14,023,875  
    $(6,935,110) 
    $(291,299) 
    $6,797,466 

    [1]
    The
    Development of Health, Beauty and Wellness Products business was acquired in October 2024.

    [2]
    General
    and administrative costs consist mainly of professional fees, insurance, information technology and software and other payment processing
    fees.

    F-23

INVESTVIEW,
INC.

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER
31, 2024 AND 2023

The
following table illustrates segment revenue and segment net income from operations, including significant expense items reviewed by the
CODM for the year ended December 31, 2023.

    Financial Education and Technology  
    Blockchain Technology and Crypto Mining Products and Services  
    Total 
  
    Revenue 
    $56,549,336  
    $11,371,535  
    $67,920,871 

    Less: 

    Commissions 
     31,498,098  
     -  
     31,498,098 
  
    Market experts 
     1,239,347  
     -  
     1,239,347 
  
    Credit card processing 
     2,390,922  
     -  
     2,390,922 
  
    Salary and related 
     2,132,340  
     1,178,908  
     3,311,248 
  
    Selling and marketing 
     549,776  
     1,174