Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1183

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 1183
---
 equivalents, and restricted cash shown on the statement of cash flows 
    $22,467,710  
    $21,142,630 

Amount
included in restricted cash represent funds required to be held in an escrow account by a contractual agreement and will be used for
paying dividends to our Series B Preferred Stockholders and funds required to be held in an account as collateral for business charges
on our Company credit card.

Receivables

Receivables
are carried at net realizable value, representing the outstanding balance less an allowance for doubtful accounts based on a review of
all outstanding amounts. Management determines the allowance for doubtful accounts by regularly evaluating individual receivables and
receivables are written off when deemed uncollectible. Recoveries of receivables previously written off are recorded when received.

    F-8

INVESTVIEW,
INC.

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER
31, 2024 AND 2023

Receivables
were made up of the following as of each balance sheet date:

 SCHEDULE
OF RECEIVABLES

    December 31,  
    December 31, 

    2024  
    2023 
  
    Due from merchant
    processors 
    $318,921  
    $1,732,456 
  
    Held in reserve by merchant
    processors for future returns and chargebacks [1] 
     1,872,035  
     1,219,342 
  
    Due from payout service
    providers 
     296,558  
     3,251 
  
    Accounts
    and other receivables 
     47,213  
     - 
  
     Receivable, gross 
     2,534,727  
     2,955,049 
  
    Allowance
    for doubtful accounts 
     -  
     (722,324)
  
    Receivables 
    $2,534,727  
    $2,232,725 

[1]We
                                            have recently had to pursue collection efforts through litigation against one of our credit
                                            card processors and its clearing bank, as efforts to collect approximately $1.87 million
                                            of our credit card receivables has not proven timely. See “NOTE 10-Commitments and
                                            Contingencies.”

Fixed
Assets

Fixed