Company: INVUP
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010230
Chunk: 33

Company: Investview, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 33
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 $108,327. The Warminster Lease will automatically terminate after the 14-month
term.

At commencement of the Ivyland Lease, right-of-use
assets obtained in exchange for new operating lease liabilities amounted to $115,037. The Ivyland Lease will automatically terminate after
the 24-month term.

Operating lease expense was $44,124 for the three
months ended March 31, 2025. Operating cash flows used for the operating leases during the three months ended March 31, 2025, was $44,187.
As of March 31, 2025, the weighted average remaining lease term was 1.27 years, and the weighted average discount rate was 12%.

Future minimum lease payments under non-cancellable leases as of March
31, 2025, were as follows:

 SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS UNDER NON-CANCELLABLE LEASES

    Remainder of 2025 
    $126,962 
  
    2026 
     61,057 
  
    Total 
     188,019 
  
    Less: Interest 
     (14,526)
  
    Present value of lease liability 
     173,493 
  
    Operating lease liability, current [1] 
     (140,112)
  
    Operating lease liability, long term 
    $33,381 

  [1]
  Represents lease payments to be made in the next 12 months.

    20

INVESTVIEW, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

AS OF March 31, 2025

(Unaudited)

NOTE 10 – STOCKHOLDERS’ EQUITY (DEFICIT)

Preferred Stock

We are authorized to issue up to 50,000,000 shares
of preferred stock with a par value of $0.001 and our board of directors has the authority to issue one or more classes of preferred stock
with rights senior to those of common stock and to determine the rights, privileges, and preferences of that preferred stock.

Our Board of Directors approved the designation of
2,000,000 of the Company’s shares of preferred stock as Series B Cumulative Redeemable Perpetual Preferred Stock (“Series
B Preferred Stock”), each with a stated value of $25 per share. Our Series B Preferred Stockholders are entitled to receive cumulative
dividends at the annual rate of 13% per annum of