Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 330

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9
Chunk 330
---

     550,950 
  
    Energy and hosting 
     -  
     9,475,908  
     9,475,908 
  
    Depreciation 
     2,606  
     4,446,940  
     4,449,546 
  
    Loss (gain) on disposal of assets 
     1,096  
     201,512  
     202,608 
  
    General and administrative [1] 
     845,457  
     844,664  
     1,690,121 

    Segment income (loss) from operations 
    $17,889,694  
    $(4,777,571) 
    $13,112,123 

    [1]
    General
    and administrative costs consist mainly of professional fees, contracting services, equipment, shipping and tariffs, insurance and
    information technology and software.

The
following table illustrates the reconciliation of segment operating income to net income before taxes for the years ended December 31,
2024 and 2023.

SCHEDULE
OF RECONCILIATION OF SEGMENT OPERATING INCOME TO NET INCOME BEFORE TAXES 

    December 31,  2024  
    December 31,  2023 
  
    Segment income from operations 
    $6,797,466  
    $13,112,123 

    Reconciling items 

    Bank interest 
     64,376  
     56,258 
  
    Event ticket sales 
     350,635  
     288,454 
  
    Leasing income 
     391,985  
     446,667 
  
    Gain on winddown of operations [1] 
     -  
     56,422 
  
    All other, net 
     3,684  
     (11,500)

    Net income before taxes 
    $7,608,146  
    $13,948,314 

    [1]
    Represents
    a gain on the winddown of SAFETek’s North American operations.

    F-24

INVESTVIEW,
INC.

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER
31, 2024 AND 2023

NOTE
12 – ACQUISITION

On
October 11, 2024, R