Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 764

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 12
Chunk 764
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2) involved our especially challenging, subjective, or complex judgments. The communication of critical
audit matters does not alter in any way our opinion on the financial statements, taken as a whole, and we are not, by communicating the
critical audit matter below, providing separate opinions on the critical audit matter or on the accounts or disclosures to which it relates.

Revenue
Recognition

The
Company generates revenues from the mining of Bitcoin that requires significant judgements with regard to how the revenues are recognized.
As discussed in the notes to the financial statements, management’s estimate of the consideration received and recognized from
its cryptocurrency mining activities is considered variable.

Given
the intricate technological considerations and complexities inherent in cryptocurrency transactions, the assessment of mining revenues
requires a nuanced understanding of cryptocurrency technology, transaction processes, verification procedures, and valuation methodologies.
As such, Auditing management’s evaluation of the accounting for mining revenues recognized involved significant judgement and subjectivity
due to technological considerations and complexity of cryptocurrency transactions.

We
evaluated the appropriateness and accuracy of management’s assessment in relation to our understanding of cryptocurrency technology,
evaluation of transaction processes, verification of transactions, and assessment of valuation methods.

/s/
M&K CPAS, PLLC

We
have served as the Company’s auditor since 2021.

The
Woodlands, TX

March
28, 2025

F-2

INVESTVIEW,
INC.

CONSOLIDATED
BALANCE SHEETS

    December 31,  
    December 31, 

    2024  
    2023 

    ASSETS 

    Current assets: 

    Cash and cash
    equivalents 
    $22,467,710  
    $20,912,276 
  
    Restricted cash, current 
     -  
     230,354 
  
    Prepaid assets 
     497,620  
     492,607 
  
    Deposits, current 
     936,434  
     - 
  
    Receivables 
     2,534,727  
     2,232,725 
  
    Inventory 
     495,865  
     - 
  
    Income tax paid in advance 
     459,872  
     - 
  
    Other
    current assets 
     1,127,891  
     585,632 
  
    Total
    current assets 
     28,520,119  
     24,