Company: INVUP
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022223
Chunk: 73

Company: Investview, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 73
---
 

Items
recorded or measured at fair value on a recurring basis in the accompanying consolidated financial statements consisted of the following
items as of December 31, 2024:

    Level 1  
    Level 2  
    Level 3  
    Total 
  
    Total Assets 
    $-  
    $-  
    $-  
    $- 

    Derivative liability 
    $-  
    $-  
    $758  
    $758 
  
    Total Liabilities 
    $-  
    $-  
    $758  
    $758 

    11

INVESTVIEW,
INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

AS OF SEPTEMBER 30, 2025

(Unaudited)

Revenue
Recognition

Membership
Revenue

Most
of our revenue is generated by membership sales and payment is received at the time of purchase. We recognize membership revenue in accordance
with ASC Subtopic 606-10, Revenue from Contracts with Customers (“ASC 606-10”), where revenue is measured based on a consideration
specified in a contract with a customer and recognized when we satisfy the performance obligation specified in each contract. Our performance
obligation is to provide our tools, products, and content over a fixed membership period; therefore, we recognize revenue ratably over
the membership period and deferred revenue is recorded for the portion of the membership period subsequent to each reporting date. Additionally,
we offer a designated trial period to first-time membership customers, during which a full refund can be requested if a customer does
not wish to continue with the membership. Revenues are deferred during the trial period as collection is not probable until that time
has passed. Revenues are presented net of refunds, sales incentives, credits, and known and estimated credit card chargebacks. As of
September 30, 2025, and December 31, 2024, our deferred revenues for membership revenue were $1,597,281 and $1,905,734, respectively.

Mining
Revenue

We
generate revenue from mining bitcoin. The Company has entered into a digital asset mining pool by executing a contract, as amended from
time to time, with the mining pool operator to provide computing power to the mining pool. The contract is terminable at any time by
either party without penalty. Further, since the contract is continuously renewing, second by second, the