Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1483

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1C
Chunk 1483
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 year being slightly less than the impairment of other assets in the prior year.

Other
Income (Expense)

    Year Ended December 31,  

    2024  
    2023  
    Change 

    Loss on Settlement 
    $(375,000) 
    $-  
    $(375,000)
  
    Gain (loss) on fair value of derivative liability 
     4,974  
     18,691  
     (13,717)
  
    Realized gain (loss) on cryptocurrency 
     452,450  
     255,268  
     197,182 
  
    Interest expense 
     (18,801) 
     (18,750) 
     (51)
  
    Interest expense, related parties 
     (1,240,529) 
     (1,239,603) 
     (926)
  
    Other income (expense) 
     1,567,543  
     1,389,796  
     177,747 
  
    Total other income (expense) 
    $390,637  
    $405,402  
    $(14,765)

We
recorded other income of $390,637 for the year ended December 31, 2024, which was a decrease of $14,765, or 4%, from the prior year
other income of $405,402. The change is due to a realized gain on cryptocurrency in the current period of $452 thousand compared to a realized
gain of $255 thousand in the prior year and an increase in other income in the current period of $178 thousand, as we recognized
more interest income in the current period due to our cash balances being held in higher interest-bearing accounts, as compared to the
equivalent prior year period, and as a result of an increase in ticket sales from certain promotional events iGenius held during the
years ended December 31, 2024 and 2023. These increases were offset by a loss on settlement in the current year with the SEC to resolve the SEC inquiry previously disclosed by the Company in November 2021.

Liquidity
and Capital Resources

During the year ended December 31, 2024, we met our short-and long-term
working capital and capital expenditure requirements. Our net cash provided by operating activities for the year ended December 31, 2024,
was $8.3