Company: INVUP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011912
Chunk: 37

Company: Investview, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 37
---
-use assets obtained in exchange for new operating lease liabilities amounted to $23,520.

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 August 7, 2024, the term of the Haverford Lease was
extended through December 31, 2025.

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 $88,248 for the six months ended June 30, 2025. Operating cash flows used for the operating leases during the six months
ended June 30, 2025, were $88,377. As of June 30, 2025, the weighted average remaining lease term was 1.10 years, and the weighted average
discount rate was 12%.

    21

INVESTVIEW,
INC.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

AS
OF JUNE 30, 2025

(Unaudited)

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

 SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS UNDER NON-CANCELLABLE LEASES

    Remainder of 2025 
    $82,776 
  
    2026 
     61,057 
  
    Total 
     143,833 
  
    Less: Interest 
     (10,159)
  
    Present value of lease liability 
     133,674 
  
    Operating lease liability, current [1] 
     (113,740)
  
    Operating lease liability, long term 
    $19,934 

  [1]
  Represents lease payments to be made in the next 12 months.

NOTE
10 – STOCKHOLD