Company: INVUP
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010230
Chunk: 125

Company: Investview, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 2
Chunk 125
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 reported at a fair value of $1,676,351. Management does not believe there are any liquidity issues as of March 31, 2025.

Critical Accounting Policies

Basis of Accounting

Our policy is to prepare our financial statements
on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America.

31

The accompanying unaudited condensed consolidated
financial statements have been prepared in accordance with the rules and regulations (Regulation S-X) of the Securities and Exchange Commission
(the “SEC”) and with the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes
required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments
(consisting of normal recurring accruals) considered necessary for a fair presentation have been included. The results of operations for
the three months ended March 31, 2025, are not necessarily indicative of the operating results that may be expected for our year ending
December 31, 2025, as will be included in the filing of our Annual Report on Form 10-K for the year ending December 31, 2025. These unaudited
condensed consolidated financial statements should be read in conjunction with the December 31, 2024 consolidated financial statements
and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2024.

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.

Digital Assets

Digital assets are included in non-current assets
on the Consolidated Balance Sheets due to the Company’s intent to retain and hold bitcoin. Proceeds from the sale of digital assets
and the purchase of digital assets are included within investing activities in the accompanying Consolidated Statement of Cash Flows.
Digital Assets awarded to the Company through its mining activities and collected for membership revenue are accounted for in connection
with the Company’s revenue recognition policy. Following the adoption of ASU 2023-08 effective January 1, 2025, the Company measures
digital assets at fair value with changes recognized in operating expenses in the Consolidated Statement of Operations. The Company tracks
its cost basis of digital