Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1439

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1B
Chunk 1439
---
    Derivative
    liability 
    $-  
    $-  
    $758  
    $758 
  
    Total
    Liabilities 
    $-  
    $-  
    $758  
    $758 

    F-10

INVESTVIEW,
INC.

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER
31, 2024 AND 2023

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, 2023:

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

    Derivative
    liability 
    $-  
    $-  
    $5,732  
    $5,732 
  
    Total
    Liabilities 
    $-  
    $-  
    $5,732  
    $5,732 

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 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 December 31, 2024 and 2023, our deferred revenues for membership revenue
were $1,905,734 and $2,703,398, 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