Company: INVUP
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022223
Chunk: 77

Company: Investview, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 77
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(Unaudited)

Advertising,
Selling and Marketing Costs

We
expense advertising, selling, and marketing costs as incurred. Advertising, selling, and marketing costs include costs of promoting our
product worldwide, including promotional events. Advertising, selling, and marketing expenses for the nine months ended September 30,
2025, and 2024, totaled $543,214 and $548,559, respectively.

Cost
of Sales and Service

Included
in our costs of sales and services is amounts paid to our trading and market experts that provide financial education content and tools
to our membership customers, hosting and electricity fees that we pay to vendors to set up our mining equipment at third-party sites
in order to generate mining revenue, and the raw material and manufacturing costs of our health and wellness product sales. Costs of
sales and services for the nine months ended September 30, 2025 and 2024, totaled $6,160,210 and $4,703,513, respectively.

Inventory

Inventory
consists of raw materials, work in progress, and finished goods to be sold as part of our health and wellness product sales. Inventory
is valued at the lower of cost or net realizable value using the first-in, first-out (FIFO) method and is inclusive of any shipping and
tax costs.

Inventory
was made up of the following at each balance sheet date:

SCHEDULE
OF INVENTORY

    September 30,  
    December 31, 

    2025  
    2024 
  
    Finished goods 
    $48,415  
    $27,802 
  
    Work in process 
     208,507  
     312 
  
    Raw materials 
     837,301  
     467,751 
  
    Inventory 
    $1,094,223  
    $495,865 

Income
Taxes

Income
taxes are recorded in accordance with ASC Topic 740, Income Taxes, which requires the recognition of deferred tax liabilities and assets
for the expected future tax consequences of events that have been included in the financial statement or tax returns. Under this method,
deferred tax liabilities and assets are determined based on the difference between financial statements and tax basis of assets and liabilities,
including operating losses and credit carryforwards, using enacted tax rates in effect for the year in which the differences are expected
to reverse.

Management
judgment is required in determining our provision for income taxes, our