Company: INVUP
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022223
Chunk: 90

Company: Investview, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 90
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 Lease”). The Warminster Lease and the Ivyland Lease were entered for use by our subsidiary Renu
Laboratories LLC.

At
commencement of the Wyckoff Lease, right-of-use assets obtained in exchange for new operating lease liabilities amounted to $22,034.
The original 24.5-month term of the Wyckoff Lease was extended twice through July 2027 with an option for the Company to terminate with
60 days’ written notice beginning June 1, 2026. The earliest termination date is July 31, 2026. At the first extension of the Wyckoff
Lease, right-of-use assets obtained in exchange for new operating lease liabilities amounted to $23,520. At the second extension of the
Wyckoff Lease, right-of-use assets obtained in exchange for new operating lease liabilities amounted to $25,439.

At
date of acquisition of the Haverford Lease, right-of-use assets and lease liabilities obtained amounted to $125,522 and $152,961, respectively.
The term of the Haverford Lease was initially extended through December 2024. At the extension of the Haverford Lease, right-of-use assets
obtained in exchange for new operating lease liabilities amounted to $172,042. On September 26, 2025, the term of the Haverford Lease
was extended through December 31, 2026.

At
commencement of the Warminster Lease, right-of-use assets obtained in exchange for new operating lease liabilities amounted to $108,327.
The Warminster Lease will automatically terminate after the 14-month term.

At
commencement of the Ivyland Lease, right-of-use assets obtained in exchange for new operating lease liabilities amounted to $115,037.
The Ivyland Lease will automatically terminate after the 24-month term.

Operating
lease expense was $126,550 for the nine months ended September 30, 2025. Operating cash flows used for the operating leases during the
nine months ended September 30, 2025, were $132,651. As of September 30, 2025, the weighted average remaining lease term was 1.13 years,
and the weighted average discount rate was 12%.

Future
minimum lease payments under non-cancellable leases as of September 30, 2025 were as follows:

 SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS UNDER NON-CANCELLABLE LEASES

    Remainder of 202