Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1741

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 3
Chunk 1741
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 performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due
to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence
regarding the amounts and disclosures in the consolidated financial statements. Our audit also included evaluating the accounting principles
used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements.
We believe that our audit provides a reasonable basis for our opinion.

Critical
Audit Matters

The
critical audit matter communicated below is a matter arising from the current period audit of the consolidated financial statements that
was communicated or required to be communicated to the audit committee and that: (1) relate to accounts or disclosures that are material
to the financial statements and (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,