Company: INVUP
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022223
Chunk: 113

Company: Investview, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 113
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 explained by a reduction in commissions of $2.3 million, which was a result of
a decrease in our membership revenue, a reduction in general and administrative expenses of $747 thousand, which was a result of
decreases in credit card processing fees due to the decreases in our membership revenue, decreases in costs related to our mining
operations, and a reduction in selling and marketing expenses of $340 thousand, which was due to a decrease in costs associated with
promotional events iGenius held during the three months ended September 30, 2025 and 2024. Additionally, there was a decrease of
$977 thousand in impairment expense as our mining equipment was written down in the prior year period, with no similar write down in
the current period. These decreases were partially offset by an increase in compensation of $302 thousand and an increase in the
cost of sales and services of $896 thousand, which was a result of the acquisition of our health, beauty, and wellness business that was acquired in October of 2024.

Other
Income and Expenses

    Three Months Ended September 30,  

    2025  
    2024  
    Change 

    (unaudited)  
    (unaudited)  

    Gain (loss) on settlement 
    $(111,277) 
    $-  
    $(111,277)
  
    Gain (loss) on fair value of derivative liability 
     (20) 
     2,034  
     (2,054)
  
    Realized gain (loss) on digital assets 
     (42,737) 
     1,558  
     (44,295)
  
    Unrealized gain (loss) on digital assets 
     219,771  
     -  
     219,771 
  
    Interest expense 
     (4,726) 
     (4,726) 
     - 
  
    Interest expense, related parties 
     (310,594) 
     (310,594) 
     - 
  
    Other income (expense) 
     435,026  
     294,862  
     140,164 
  
    Total other income (expense) 
    $185,443  
    $(16,866) 
    $202,309 

We
recorded other income of $185,443 for the three months ended September