Company: INVUP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011912
Chunk: 23

Company: Investview, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 23
---
VENTORY

    June 30,  
    December 31, 

    2025  
    2024 
  
    Finished goods 
    $37,549  
    $27,802 
  
    Work in process 
     138,158  
     312 
  
    Raw materials 
     885,890  
     467,751 
  
    Inventory 
    $1,061,597  
    $495,865 

Income
Taxes

Income
taxes are recorded in accordance with ASC Topic 740, Income Taxes, which requires the recognition of deferred tax liabilities and assets
for the expected future tax consequences of events that have been included in the financial statement or tax returns. Under this method,
deferred tax liabilities and assets are determined based on the difference between financial statements and tax basis of assets and liabilities,
including operating losses and credit carryforwards, using enacted tax rates in effect for the year in which the differences are expected
to reverse.

Management
judgment is required in determining our provision for income taxes, our deferred tax assets and liabilities, and any valuation allowance
recorded against our deferred tax assets. Deferred tax assets are reduced by a valuation allowance if, based on the consideration of
all available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. Changes in assumptions
in future periods may require we adjust our valuation allowance, which could materially impact our financial position and results of
operations. The Company recognizes the benefit of an uncertain tax position that it has taken or expects to take on its income tax return,
if such a position is more likely than not to be sustained.

Net
Income (Loss) per Share

We
follow ASC Subtopic 260-10, Earnings per Share, which specifies the computation, presentation, and disclosure requirements of earnings
per share information. Basic loss per share has been calculated based upon the weighted average number of common shares outstanding.
Diluted income (loss) per share reflects the potential dilution that could occur if stock options or other contracts to issue common
stock were exercised or converted during the period. Dilutive securities having an anti-dilutive effect on diluted earnings per share
are excluded from the calculation.

    14

INVESTVIEW,
INC.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

AS
OF JUNE 30, 2025

(Unaudited)

The
following