Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 120

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 7A
Chunk 120
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 (LOSS)

    Year Ended  
    Year Ended 

    December
    31, 2024  
    December
    31, 2023 

    Revenue: 

    Membership revenue,
    net of refunds, incentives, credits, and chargebacks 
    $47,061,290  
    $56,036,052 
  
    Mining revenue 
     5,186,606  
     11,348,156 
  
    Health and wellness product
    sales 
     110,671  
     - 
  
    Cryptocurrency revenue 
     -  
     513,285 
  
    Mining equipment repair revenue 
     -  
     23,378 
  
    Other
    revenue 
     23,404  
     - 
  
    Total
    revenue, net 
     52,381,971  
     67,920,871 

    Operating costs and expenses: 

    Cost of sales and service 
     6,056,491  
     10,736,709 
  
    Commissions 
     25,913,260  
     31,716,399 
  
    Selling and marketing 
     569,491  
     560,065 
  
    Salary and related 
     6,626,588  
     7,112,954 
  
    Professional fees 
     1,547,288  
     1,378,367 
  
    Impairment expense 
     1,771,891  
     2,056,386 
  
    Loss (gain) on disposal of
    assets 
     180,223  
     223,630 
  
    General
    and administrative 
     8,022,020  
     9,531,431 
  
    Total
    operating costs and expenses 
     50,687,252  
     63,315,941 

    Net income
    (loss) from operations 
     1,694,719  
     4,604,930 

    Other income (expense): 

    Loss on Settlement 
     (375,000) 
     - 
  
    Gain (loss) on fair value
    of derivative liability 
     4,974  
     18,691 
  
    Realized gain (loss) on cryptocurrency