Company: INVUP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011912
Chunk: 31

Company: Investview, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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 of $1,300,000. During the six months ended June 30,
                                            2025, we recognized $64,430 of the debt discount into interest expense, and expensed
                                            an additional $130,008 of interest expense on the note, all of which was repaid during the
                                            period.

    18

INVESTVIEW,
INC.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

AS
OF JUNE 30, 2025

(Unaudited)

[2]On
                                            May 27, 2020, we received proceeds of $700,000 from DBR Capital, LLC, an entity controlled
                                            by a member of our Board of Directors and entered into a convertible promissory note. The
                                            note is secured by collateral of the Company and its subsidiaries. The note bears interest
                                            at 20% per annum, payable monthly, and the principal is due and payable on April 27, 2030.
                                            Per the original terms of the agreement, the note was convertible into common stock at a
                                            conversion price of $0.01257 per share, which was amended on November 9, 2020, to reduce
                                            the conversion price to $0.007 per share. At inception we recorded a beneficial conversion
                                            feature and debt discount of $700,000. During the six months ended June 30, 2025, we recognized
                                            $34,975 of the debt discount into interest expense and expensed an additional $70,002
                                            of interest expense on the note, all of which was repaid during the period.

[3]On
                                            November 9, 2020, we received proceeds of $1,300,000 from DBR Capital, LLC, an entity controlled
                                            by a member of our Board of Directors and entered into a convertible promissory note. The
                                            note is secured by collateral of the Company and its subsidiaries. The note bears interest
                                            at 38.5% per annum, made up of a 25% interest rate per annum and a facility fee of 13.5%
                                            per annum, payable monthly beginning February 1, 2021, and the principal is due and payable
                                            on April 27, 2030. Per the terms of the agreement, the note is convertible into common stock
                                            at a conversion price of $0.007 per share. At inception we recorded a