Company: INVUP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011912
Chunk: 80

Company: Investview, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 80
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ceivables

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.

    8

INVESTVIEW,
INC.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

AS
OF JUNE 30, 2025

(Unaudited)

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

 SCHEDULE
OF RECEIVABLES

    June 30,  
    December 31, 

    2025  
    2024 
  
    Due from merchant processors 
    $310,728  
    $318,921 
  
    Held in reserve by merchant processors for future returns and chargebacks [1] 
     1,871,345  
     1,872,035 
  
    Due from payout service providers 
     41,222  
     296,558 
  
    Accounts and other receivables 
     304,507  
     47,213 
  
    Receivable, gross 
     2,527,802  
     2,534,727 
  
    Allowance for doubtful accounts 
     -  
     - 
  
    Receivables 
    $2,527,802  
    $2,534,727 

    [1]
    We
    have  had to pursue collection efforts through litigation against one of our credit card processors and its clearing bank,
    as we have been unable to timely collect such amounts due through our normal course credit collection practices. See “NOTE
    11 - Commitments and Contingencies.”

Fixed
Assets

Fixed
assets are stated at cost and depreciated using the straight-line method over their estimated useful lives. When retired or otherwise
disposed, the carrying value and accumulated depreciation of the fixed asset is removed from its respective accounts and the net difference
less any amount realized from disposition is reflected in earnings. Expenditures for maintenance and repairs, which do not extend the
useful lives of the related assets, are expensed as incurred.

Fixed
assets were made up of the following at each balance sheet date:

 SCHEDULE