Company: INVUP
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022223
Chunk: 121

Company: Investview, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 121
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solving
a block”) is an output of the Company’s ordinary activities. The provision of providing such computing power is the only
performance obligation in the Company’s contract with the mining pool operator. The transaction consideration the Company receives
is net of a contractually agreed upon mining pool operator fee charged and kept by the mining pool operator and is noncash, in the form
of Bitcoin. Given that the contract is continuously renewing, and the duration is considered to be less than 24 hours, the Company measures
the transaction consideration at fair value on the date Bitcoin is received. The consideration is variable. The amount of consideration
recognized is constrained to the amount of consideration received, which is when it is probable a significant reversal will not occur.
There is no significant financing component or risk of a significant revenue reversal in these transactions due to the performance obligations
and settlement of the transactions being on a daily basis.

Health
and Wellness Product Sales and Other Revenue

Through
our wholly owned subsidiary, Renu Laboratories LLC, we generate revenue by manufacturing and selling health, beauty, and wellness products.
We recognize health and wellness product sales revenue in accordance with ASC 606-10. The Company’s performance obligation is complete
when control of the promised goods is transferred to a customer, at which time the Company recognizes revenue in an amount that reflects
the consideration the Company expects to receive in exchange for those goods. The Company terms for the sale are based on free on board
(FOB) shipping point, where the control passes to the customer once the product leaves our warehouse. The Company determines collectability
by requiring certain customers to pay before control is transferred and by performing ongoing credit evaluations and monitoring customer
accounts receivable balances. As of September 30, 2025, and December 31, 2024, deposits collected from customers for orders to be filled
at a future date were $593,096 and $1,014,164, respectively, which are recorded as deferred revenue in the Consolidated Balance Sheets.

Shipping
and direct costs charged to customers, along with fees collected from customers for storing their products in our warehouse facility
located in Warminster, Pennsylvania are included in revenue as Other Revenue. Shipping and direct costs incurred by the Company are included
in Cost of Sales and Service.

Revenue
generated for the three months ended September 30, 2025, was as follows:

    Membershiprevenue  
    Mining revenue  
    Health and wellness
                                                                               product sales  
    Other Revenue