Company: INVUP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011912
Chunk: 135

Company: Investview, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 135
---
 2024 was approximately $2.0 million.

Revenue
generated for the six months ended June 30, 2025, was as follows:

    Membership revenue  
    Mining revenue  
    Health and wellness product sales  
    Other Revenue  
    Total 
  
    Gross billings/receipts 
    $17,639,140  
    $1,692,175  
    $1,680,190  
    $45,651  
    $21,057,156 
  
    Refunds, incentives, credits, and chargebacks 
     (1,003,015) 
     -  
     (171) 
     -  
     (1,003,186)
  
    Net revenue 
    $16,636,125  
    $1,692,175  
    $1,680,019  
    $45,651  
    $20,053,970 

Foreign
revenues for the six months ended June 30, 2025 were approximately $14.4 million while domestic revenue for the six months ended June
30, 2025 was approximately $5.7 million.

Revenue
generated for the six months ended June 30, 2024, was as follows:

    Membership Revenue  
    Mining Revenue  
    Total 
  
    Gross billings/receipts 
    $26,557,528  
    $3,721,376  
    $30,278,904 
  
    Refunds, incentives, credits, and chargebacks 
     (1,500,306) 
     -  
     (1,500,306)
  
    Net revenue 
    $25,057,222  
    $3,721,376  
    $28,778,598 

Foreign
revenues for the six months ended June 30, 2024 were approximately $22.9 million while domestic revenue for the six months ended June
30, 2024 was approximately $5.9 million.

38

Recent
Accounting Pronouncements

In
December 2023, the FASB issued ASU No. 2023-08, Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60): Accounting
for and Disclosure of Crypto Assets (“ASU 2023-08”). The amendments in ASU 2023-08 are intended