Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1753

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 3
Chunk 1753
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 transactions and balances have been eliminated in consolidation.

    F-7

INVESTVIEW,
INC.

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER
31, 2024 AND 2023

Operating
Segments

Operating
segments are defined as components of an entity for which separate financial information is available that is regularly reviewed by the
chief operating decision maker (“CODM”). The CODM is composed of several members of its executive management team, including
the CEO, President and COO and the CFO. The CODM uses segment net income from operations to assess the performance of, manage the operations
of, and allocate capital and operational resources to the Company’s three reportable segments.

Financial
Statement Reclassification

Certain
account balances from prior periods have been reclassified in these consolidated financial statements to conform to current period classifications.

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.

Concentration
of Credit Risk

Financial
instruments that potentially expose us to concentration of credit risk include cash, accounts receivable, and advances. We place our
cash and temporary cash investments with credit quality institutions. At times, such investments may be in excess of the FDIC insurance
limit of $250,000. As of December 31, 2024 and 2023, cash balances that exceeded FDIC limits were $10,837,830 and $3,778,085, respectively.
We have not experienced significant losses relating to these concentrations in the past.

Cash
Equivalents and Restricted Cash

For
purposes of reporting cash flows, we consider all highly liquid debt instruments purchased with a maturity of three months or less to
be cash equivalents. As of December 31, 2024 and 2023, we had no cash equivalents.

The
following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the balance sheet that sum to
the total of the same such amounts shown in the statement of cash flows.

 SCHEDULE OF RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH

    December
    31,  
    December
    31,