Company: INVUP
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010230
Chunk: 123

Company: Investview, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 2
Chunk 123
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,142,334  
    $(598,218)
  
    Commissions 
     5,076,503  
     7,275,210  
     (2,198,707)
  
    Selling and marketing 
     95,103  
     11,795  
     83,308 
  
    Salary and related 
     1,701,092  
     1,628,970  
     72,122 
  
    Professional fees 
     610,150  
     406,529  
     203,621 
  
    General and administrative 
     1,416,168  
     2,336,655  
     (920,487)
  
    Total operating costs and expenses 
    $10,443,132  
    $13,801,493  
    $(3,358,361)

Operating costs decreased $3,358,361, or (24%), from
$13,801,493 for the three months ended March 31, 2024, to $10,443,132 for the three months ended March 31, 2025. The decrease can be explained
by a reduction in commissions of $2.2 million, which was a result of a decrease in our membership revenue, a decrease in cost of sales
and services of $600 thousand, which was a result of a power curtailment mandated by the government-controlled utility companies in Northern
Europe, and a decrease in general and administrative expenses, which was a result of decreases in credit card processing fees due to the
decreases in our membership revenue and decreases in costs related to our mining operations. These decreases were offset by an increase
in professional fees.

Other Income and Expenses

    Three Months Ended March 31,  

    2025  
    2024  
    Change 

    (unaudited)  
    (unaudited)  

    Gain (loss) on fair value of derivative liability 
    $(2,095) 
    $74  
    $(2,169)
  
    Realized gain (loss) on digital assets 
     (13,252) 
     276,227  
     (289,479)
  
    Unrealized gain (loss) on digital assets 
     (220,184) 
     -  
     (220,184)
  
    Interest expense