# EDGAR Filing Document

**Accession Number:** 0000862651
**File Stem:** 0001493152-26-023510
**Filing Date:** 2026-5
**Character Count:** 157000
**Document Hash:** 0f5423ac62662bd7ba6705d28741d772
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-023510.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001493152-26-023510

**CONFORMED SUBMISSION TYPE**: 10-Q

**PUBLIC DOCUMENT COUNT**: 77

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investview, Inc.
- **CENTRAL INDEX KEY:** 0000862651
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-BUSINESS SERVICES, NEC [7389]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 870369205
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 10-Q
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-27019
- **FILM NUMBER:** 26984848

**BUSINESS ADDRESS:**
- **STREET 1:** 521 W. LANCASTER AVE
- **STREET 2:** FLOOR 2
- **CITY:** HAVERFORD
- **STATE:** PA
- **ZIP:** 19041
- **BUSINESS PHONE:** 732-889-4300

**MAIL ADDRESS:**
- **STREET 1:** 521 W. LANCASTER AVE
- **STREET 2:** FLOOR 2
- **CITY:** HAVERFORD
- **STATE:** PA
- **ZIP:** 19041

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Global Investor Services, Inc.
- **DATE OF NAME CHANGE:** 20081001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TheRetirementSolution.com, Inc.
- **DATE OF NAME CHANGE:** 20060918

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Voxpath Holdings, Inc.
- **DATE OF NAME CHANGE:** 20060619

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-Q**

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE QUARTERLY PERIOD ENDED

March 31, 2026

or

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from__________________ to _______________________.

Commission File Number 000-27019

**Investview, Inc.**

(Exact name of registrant as specified in its charter)

<u>Nevada</u> <u>87-0369205</u> <br> (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)

<u>521 West Lancaster Avenue, Second Floor, Haverford, Pennsylvania</u> <u> 19041</u> <br> (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: 732-889-4300

Securities registered pursuant to Section 12(b) of the Act: None

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |

---

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

---

| | | | |
|:---|:---|:---|:---|
| Yes | ☒ | No | ☐ |

---

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

---

| | | | |
|:---|:---|:---|:---|
| Yes | ☒ | No | ☐ |

---

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☒ <br> Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

---

| | | | |
|:---|:---|:---|:---|
| Yes | ☐ | No | ☒ |

---

As of May 12, 2026, there were 1,845,674,123 shares of common stock, $0.001 par value, outstanding.

**INVESTVIEW, INC.**

**Form 10-Q for the Three Months Ended March 31, 2026**

**Table of Contents**

---

| | |
|:---|:---|
| [PART I – FINANCIAL INFORMATION](#am_001) | 3 |
| &nbsp;&nbsp;&nbsp;[ITEM 1 – FINANCIAL STATEMENTS](#am_002) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Condensed Consolidated Balance Sheets as of March 31, 2026 (Unaudited) and December 31, 2025](#am_003) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Condensed Consolidated Statements of Operations and Other Comprehensive Income (Loss) for the Three Months Ended March 31, 2026 and 2025 (Unaudited)](#am_004) | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Condensed Consolidated Statements of Stockholders' Equity (Deficit) for the Three Months Ended March 31, 2026 and 2025 (Unaudited)](#am_005) | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025 (Unaudited)](#am_006) | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Condensed Consolidated Financial Statements as of March 31, 2026 (Unaudited)](#am_007) | 7 |
| &nbsp;&nbsp;&nbsp;[ITEM 2 – MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS](#su_001) | 29 |
| &nbsp;&nbsp;&nbsp;[ITEM 3 – QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK](#su_002) | 34 |
| &nbsp;&nbsp;&nbsp;[ITEM 4 – CONTROLS AND PROCEDURES](#su_003) | 34 |
| [PART II – OTHER INFORMATION](#su_004) | 34 |
| &nbsp;&nbsp;&nbsp;[ITEM 1 – LEGAL PROCEEDINGS](#su_005) | 34 |
| &nbsp;&nbsp;&nbsp;[ITEM 1.A – RISK FACTORS](#su_006) | 34 |
| &nbsp;&nbsp;&nbsp;[ITEM 2 – UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS](#su_007) | 34 |
| &nbsp;&nbsp;&nbsp;[ITEM 3 – DEFAULTS UPON SENIOR SECURITIES](#su_008) | 34 |
| &nbsp;&nbsp;&nbsp;[ITEM 4 – MINE SAFETY DISCLOSURES](#su_009) | 34 |
| &nbsp;&nbsp;&nbsp;[ITEM 5 – OTHER INFORMATION](#su_010) | 34 |
| &nbsp;&nbsp;&nbsp;[ITEM 6 – EXHIBITS](#su_011) | 35 |
| [SIGNATURE PAGE](#su_012) | 36 |

---

**PART I – FINANCIAL INFORMATION**

**ITEM 1 – FINANCIAL STATEMENTS**

**INVESTVIEW, INC.**

**CONDENSED CONSOLIDATED BALANCE SHEETS**

---

| | | |
|:---|:---|:---|
|  | March 31,<br>2026 | December 31,<br>2025 |
|  | (unaudited) | |
| ASSETS |  |  |
| Current assets: |  |  |
| Cash and cash equivalents | $4524934 | $9992443 |
| Prepaid assets | 529308 | 361444 |
| Deposits, current | 1038782 | 1041360 |
| Receivables | 374431 | 569578 |
| Inventory | 798205 | 663000 |
| Income tax paid in advance | 300877 | 367718 |
| &nbsp;&nbsp;&nbsp;Total current assets | 7566537 | 12995543 |
| Fixed assets, net | 1576261 | 1642987 |
| Other assets: |  |  |
| Digital assets | 4990029 | 5464011 |
| Equity investment | 3250000 | 1250000 |
| Intangible assets, net | 10799 | 10799 |
| Operating lease right-of-use asset | 59065 | 76774 |
| Deposits | 56741 | 56741 |
| &nbsp;&nbsp;&nbsp;Total other assets | 8366634 | 6858325 |
| Total assets | $17509432 | $21496855 |
| LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) |  |  |
| Current liabilities: |  |  |
| Accounts payable and accrued liabilities | $3335319 | $3339375 |
| Payroll liabilities | 172365 | 57808 |
| Income tax payable | 176147 | 215752 |
| Deferred revenue | 718654 | 952977 |
| Dividend liability | 241300 | 239776 |
| Operating lease liability, current | 55770 | 70344 |
| Related party debt, net of discounts, current | 1206217 | 1205887 |
| Debt, net of discounts, current | 29244 | 29244 |
| &nbsp;&nbsp;&nbsp;Total current liabilities | 5935016 | 6111163 |
| Operating lease liability, long term | 3470 | 6539 |
| Accrued liabilities, long term | 3981627 | 4135276 |
| Related party debt, net of discounts, long term | 1922094 | 1838808 |
| Debt, net of discounts, long term | 477468 | 480155 |
| &nbsp;&nbsp;&nbsp;Total long-term liabilities | 6384659 | 6460778 |
| Total liabilities | 12319675 | 12571941 |
| Commitments and contingencies |  |  |
| Stockholders' equity (deficit): |  |  |
| Preferred stock, par value: $0.001; 50,000,000 shares authorized, 252,192 and 252,192 issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | 252 | 252 |
| Common stock, par value $0.001; 10,000,000,000 shares authorized; 1,860,376,075 and 1,860,376,075 shares issued and 1,846,175,402 and 1,847,886,365 outstanding as of March 31, 2026 and December 31, 2025, respectively | 1860375 | 1860375 |
| Additional paid in capital | 104514246 | 104110876 |
| Treasury stock, at cost, 14,200,673 and 12,489,710 shares as of March 31, 2026 and December 31, 2025, respectively | (291522) | (246898) |
| Accumulated other comprehensive income (loss) | (23218) | (23218) |
| Accumulated deficit | (100885939) | (96789073) |
| Accumulated noncontrolling interest | 15563 | 12600 |
| &nbsp;&nbsp;&nbsp;Total stockholders' equity (deficit) | 5189757 | 8924914 |
| Total liabilities and stockholders' equity (deficit) | $17509432 | $21496855 |

---

The accompanying notes are an integral part of these condensed consolidated financial statements.

**INVESTVIEW, INC.**

**CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS**

**AND OTHER COMPREHENSIVE INCOME (LOSS)**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | Three months ended March 31, | Three months ended March 31, |
|  | 2026 | 2025 |
| Revenue: |  |  |
| Membership revenue, net of refunds, incentives, credits, and chargebacks | $2743019 | $8791443 |
| Mining revenue | 554122 | 862944 |
| Health and wellness product sales | 268772 | 368321 |
| Coffee sales | 320460 |  |
| Other revenue | 9873 | 7344 |
| &nbsp;&nbsp;&nbsp;Total revenue, net | 3896246 | 10030052 |
| Operating costs and expenses: |  |  |
| Cost of sales and service | 1357047 | 1544116 |
| Commissions | 1673975 | 5076503 |
| Advertising, selling, and marketing | 17247 | 95103 |
| Salary and related | 1788654 | 1701092 |
| Professional fees | 748828 | 610150 |
| General and administrative | 1096460 | 1416168 |
| &nbsp;&nbsp;&nbsp;Total operating costs and expenses | 6682211 | 10443132 |
| Net income (loss) from operations | (2785965) | (413080) |
| Other income (expense): |  |  |
| Gain (loss) on fair value of derivative liability |  | (2095) |
| Realized gain (loss) on digital assets | (24990) | (13252) |
| Unrealized gain (loss) on digital assets | (1051380) | (220184) |
| Interest expense | (4623) | (4623) |
| Interest expense, related parties | (308744) | (308744) |
| Other income (expense) | 288667 | 284125 |
| &nbsp;&nbsp;&nbsp;Total other income (expense) | (1101070) | (264773) |
| Income (loss) before income taxes | (3887035) | (677853) |
| Income tax expense | (2033) | (10000) |
| Net income (loss) | (3889068) | (687853) |
| Net income (loss) attributable to noncontrolling interest | 2963 | (1987) |
| Net income (loss) attributable to Investview, Inc. | (3892031) | (685866) |
| Dividends on Preferred Stock | (204835) | (204835) |
| Net income (loss) applicable to common shareholders | $(4096866) | $(890701) |
| Basic income (loss) per common share | $(0.00) | $(0.00) |
| Diluted income (loss) per common share | $(0.00) | $(0.00) |
| Basic weighted average number of common shares outstanding | 1846973155 | 1859076249 |
| Diluted weighted average number of common shares outstanding | 1846973155 | 1859076249 |

---

The accompanying notes are an integral part of these condensed consolidated financial statements.

**INVESTVIEW, INC.**

**CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)**

**THREE MONTHS ENDED MARCH 31, 2026 AND 2025**

**(unaudited)**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Preferred Stock | Preferred Stock | Common Stock | Common Stock | | Treasury Stock | Treasury Stock | | | | |
|  | Shares | Amount | Shares | Amount | Additional<br>Paid in<br>Capital | Shares | Amount | Accumulated<br> Other<br>Comprehensive<br>Income (Loss) |<br>Accumulated<br>Deficit |<br>Noncontrolling<br>Interest |<br>Total |
| Balance, December 31, 2024 | 252192 | $252 | 1859231786 | $1859231 | $102560320 |  | $- | $(23218) | $(87205070) | $8070 | $17199585 |
| Cumulative effect adjustment upon adoption of ASU 2023-08 |  |  |  |  |  |  |  |  | 148346 |  | 148346 |
| Common stock issued for services and other stock-based compensation |  |  |  |  | 387634 |  |  |  |  |  | 387634 |
| Common stock repurchased and held as treasury stock |  |  |  |  |  | 1089286 | (24006) |  |  |  | (24006) |
| Dividends |  |  |  |  |  |  |  |  | (204835) |  | (204835) |
| Net income (loss) | - | - | - | - | - | - | - | - | (685866) | (1987) | (687853) |
| Balance, March 31, 2025 | 252192 | $252 | 1859231786 | $1859231 | $102947954 | 1089286 | $(24006) | $(23218) | $(87947425) | $6083 | $16818871 |
| Balance, December 31, 2025 | 252192 | $252 | 1860376075 | $1860375 | $104110876 | 12489710 | $(246898) | $(23218) | $(96789073) | $12600 | $8924914 |
| Common stock issued for services and other stock-based compensation |  |  |  |  | 403370 |  |  |  |  |  | 403370 |
| Common stock repurchased and held as treasury stock |  |  |  |  |  | 1710963 | (44624) |  |  |  | (44624) |
| Dividends |  |  |  |  |  |  |  |  | (204835) |  | (204835) |
| Net income (loss) | - | - | - | - | - | - | - | - | (3892031) | 2963 | (3889068) |
| Balance, March 31, 2026 | 252192 | $252 | 1860376075 | $1860375 | $104514246 | 14200673 | $(291522) | $(23218) | $(100885939) | $15563 | $5189757 |

---

The accompanying notes are an integral part of these consolidated financial statements.

**INVESTVIEW INC.**

**CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | Three Months Ended March 31, | Three Months Ended March 31, |
|  | 2026 | 2025 |
| CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |
| Net income (loss) | $(3889068) | $(687853) |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: |  |  |
| Depreciation | 128706 | 224302 |
| Amortization of debt discount | 83285 | 83286 |
| Stock issued for services and other stock-based compensation | 403370 | 387634 |
| Lease cost, net of repayment | 66 | (63) |
| (Gain) loss on fair value of derivative liability |  | 2095 |
| Change in fair value of digital assets | 1051380 | 220184 |
| Realized (gain) loss on digital assets | 24990 | 13252 |
| Digital assets collected for membership revenue | (32174) | (336614) |
| Revenue recognized from bitcoin mined | (554122) | (862944) |
| Operating expenses paid with digital assets | 97486 | 527058 |
| Changes in operating assets and liabilities: |  |  |
| Receivables | 195147 | 303150 |
| Inventory | (135205) | (360261) |
| Prepaid assets | (167864) | (796428) |
| Income tax paid in advance | 66841 |  |
| Deposits | 2578 | (1871346) |
| Accounts payable and accrued liabilities | (37957) | (262798) |
| Income tax payable | (39605) | 7073 |
| Deferred revenue | (239579) | (194387) |
| Accrued interest | 4623 | 4623 |
| Accrued interest, related parties | 225460 | 225459 |
| &nbsp;&nbsp;&nbsp;Net cash provided by (used in) operating activities | (2811642) | (3374578) |
| CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |
| Purchase of digital assets | (256592) | (1695) |
| Proceeds from sale of digital assets | 102386 |  |
| Purchase of Treasury Stock | (44624) | (24006) |
| Cash paid for Dream SPV investment | (2000000) |  |
| Cash paid for fixed assets | (61980) | (323910) |
| &nbsp;&nbsp;&nbsp;Net cash provided by (used in) investing activities | (2260810) | (349611) |
| CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |
| Repayments for related party debt | (225129) | (225129) |
| Repayments for debt | (7310) | (7310) |
| Payments for shares repurchased from former related parties |  | (842940) |
| Dividends paid | (162618) | (161854) |
| &nbsp;&nbsp;&nbsp;Net cash provided by (used in) financing activities | (395057) | (1237233) |
| Net increase (decrease) in cash and cash equivalents | (5467509) | (4961422) |
| Cash and cash equivalents - beginning of period | 9992443 | 22467710 |
| Cash and cash equivalents - end of period | $4524934 | $17506288 |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: |  |  |
| Cash paid during the period for: |  |  |
| &nbsp;&nbsp;&nbsp;Interest | $232439 | $929760 |
| &nbsp;&nbsp;&nbsp;Income taxes | $(32531) | $2156774 |
| Non-cash investing and financing activities: |  |  |
| &nbsp;&nbsp;&nbsp;Digital assets collected for deferred coffee sales | $5256 | $- |
| &nbsp;&nbsp;&nbsp;Dividends declared | $204835 | $204835 |
| &nbsp;&nbsp;&nbsp;Dividends paid with digital assets | $40693 | $40645 |
| &nbsp;&nbsp;&nbsp;Debt extinguished in exchange for digital assets | $- | $148346 |

---

The accompanying notes are an integral part of these condensed consolidated financial statements.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

**NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS**

**Organization**

Investview, Inc. was incorporated on January 30, 1946, under the laws of the state of Utah as the Uintah Mountain Copper Mining Company. In January 2005, we changed domicile to Nevada and changed our name to Voxpath Holding, Inc. In September of 2006, we merged with The Retirement Solution Inc. and then changed our name to TheRetirementSolution.Com, Inc. Subsequently, in October 2008 we changed our name to Global Investor Services, Inc., before changing our name to Investview, Inc., on March 27, 2012.

Effective April 1, 2017, we closed on a Contribution Agreement with the members of Wealth Generators, LLC, a limited liability company ("Wealth Generators"), pursuant to which the Wealth Generators members contributed 100% of the outstanding securities of Wealth Generators in exchange for an aggregate of 1,358,670,942 shares of our common stock. Following this transaction, Wealth Generators became our wholly owned subsidiary, and the former members of Wealth Generators became our stockholders and controlled the majority of our outstanding common stock.

On June 6, 2017, we entered into an Acquisition Agreement with Market Trend Strategies, LLC, a company whose members are also former members of our management. Under the Acquisition Agreement, we spun off our operations that existed prior to the merger with Wealth Generators and sold the intangible assets used in those pre-merger operations in exchange for Market Trend Strategies' assumption of $419,139 in pre-merger liabilities.

On February 28, 2018, we filed a name change for Wealth Generators, LLC to Kuvera, LLC ("Kuvera").

On January 17, 2019, we renamed our non-operating wholly owned subsidiary WealthGen Global, LLC to SAFETek, LLC, a Utah limited liability company.

On January 11, 2021, we filed a name change for Kuvera, LLC to iGenius, LLC ("iGenius") and on February 2, 2021, we filed a name change for Kuvera (N.I.) Limited to iGenius Global LTD.

On September 20, 2021, the Board of Directors approved a change in our fiscal year from March 31 to December 31.

On February 19, 2026, we changed the name of our wholly-owned subsidiary iGenius, LLC to Conectiv LLC to reflect a strategic shift from focusing solely on financial education to a broader, more comprehensive ecosystem that includes health, wellness, and lifestyle products.

**Nature of Business**

We operate a diversified series of business units across key sectors, including a direct-to-consumer ("DTC") marketing platform designed to promote, sell, and distribute its products and services through a global network of independent distributors directly to end users without reliance on traditional retail intermediaries; a manufacturing, marketing, and sales division focused on proprietary over-the-counter aesthetics, health, nutrition and cognitive wellness products for distribution across wholesale and retail markets through our DTC marketing platform and otherwise; an early-stage online trading platform that intends to offer self-directed retail brokerage services; and a business unit that owns and operates a sustainable blockchain business focused on bitcoin mining.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

**NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

**Basis of Accounting**

Our policy is to prepare our financial statements on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America.

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the rules and regulations (Regulation S-X) of the Securities and Exchange Commission (the "SEC") and with the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. The results of operations for the three months ended March 31, 2026, are not necessarily indicative of the operating results that may be expected for our year ending December 31, 2026, as will be included in the filing of our Annual Report on Form 10-K for the year ending December 31, 2026. These unaudited condensed consolidated financial statements should be read in conjunction with the December 31, 2025 consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2025.

**Principles of Consolidation**

The consolidated financial statements include the accounts of Investview, Inc., and our wholly owned subsidiaries: Conectiv LLC, SAFETek, LLC, Investview Financial Group Holdings, LLC, Opencash Finance, Inc., Opencash Securities, LLC, Investview MTS, LLC, myLife Wellness Company, myLife Wellness LLC, Renu Laboratories LLC, and Goldman's Pharmaceuticals LLC. The Company also owns 50% of ELRT Technologies, LLC and 80% of AF Enterprise Holdings, LLC, which have been included in the consolidated financial statements, and the Company has recorded a noncontrolling interest for the interest that it does not own. All intercompany transactions and balances have been eliminated in consolidation.

**Operating Segments**

Operating segments are defined as components of an entity for which separate financial information is available that is regularly reviewed by the chief operating decision maker ("CODM"). The CODM is composed of several members of its executive management team, including the Chief Executive Officer, President and Chief Operating Officer, and the Chief Financial Officer. The CODM uses segment net income from operations to assess the performance of, manage the operations of, and allocate capital and operational resources to the Company's three reportable operating segments.

**Financial Statement Reclassification**

Certain account balances from prior periods have been reclassified in these consolidated financial statements to conform to current period classifications.

**Use of Estimates**

The preparation of these financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

**Concentration of Credit Risk**

Financial instruments that potentially expose us to concentration of credit risk include cash, accounts receivable, and advances. We place our cash and temporary cash investments with credit quality institutions. At times, such investments may be in excess of the Federal Deposit Insurance Corporation ("FDIC") insurance limit of $250,000. As of March 31, 2026 and December 31, 2025, cash balances that exceeded FDIC limits were $2,936,273 and $8,115,922, respectively. We have not experienced significant losses relating to these concentrations in the past.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

**Cash Equivalents** 

For purposes of reporting cash flows, we consider all highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents. As of March 31, 2026, and December 31, 2025, we had no cash equivalents.

**Receivables**

Receivables are carried at net realizable value, representing the outstanding balance less an allowance for doubtful accounts based on a review of all outstanding amounts. Management determines the allowance for doubtful accounts by regularly evaluating individual receivables and receivables are written off when deemed uncollectible. Recoveries of receivables previously written off are recorded when received.

Receivables were made up of the following as of each balance sheet date:

SCHEDULE OF RECEIVABLES

---

| | | |
|:---|:---|:---|
|  | March 31,<br>2026 | December 31,<br>2025 |
| Due from merchant processors | $96015 | $61779 |
| Held in reserve by merchant processors for future returns and chargebacks | 71436 | 22309 |
| Due from payout service providers | 2335 | 109367 |
| Accounts and other receivables | 207340 | 376123 |
| Receivable, gross | 377126 | 569578 |
| Allowance for doubtful accounts | (2695) | - |
| Receivables | $374431 | $569578 |

---

**Fixed Assets**

Fixed assets are stated at cost and depreciated using the straight-line method over their estimated useful lives. When retired or otherwise disposed, the carrying value and accumulated depreciation of the fixed asset is removed from its respective accounts and the net difference less any amount realized from disposition is reflected in earnings. Expenditures for maintenance and repairs, which do not extend the useful lives of the related assets, are expensed as incurred.

Fixed assets were made up of the following at each balance sheet date:

SCHEDULE OF FIXED ASSETS

---

| | | | |
|:---|:---|:---|:---|
|  | Estimated<br>Useful<br>Life<br>(years) |<br>March 31,<br>2026 |<br>December 31,<br>2025 |
| Furniture, fixtures, and equipment | 10 | $13108 | $13108 |
| Computer equipment | 3 | 36847 | 36847 |
| Data processing equipment | 3 | 7381111 | 7381111 |
| Manufacturing equipment | 3-25 | 1737973 | 1675993 |
|  |  | 9169039 | 9107059 |
| Accumulated depreciation |  | (7592778) | (7464072) |
| Net book value |  | $1576261 | $1642987 |

---

Total depreciation expense for the three months ended March 31, 2026 and 2025, was $128,706 and $224,302, respectively.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026 (Unaudited)**

**Digital Assets**

Digital assets are included in non-current assets on the Consolidated Balance Sheets due to the Company's intent to retain and hold bitcoin. Proceeds from the sale of digital assets and the purchase of digital assets are included within investing activities in the accompanying Consolidated Statement of Cash Flows. Digital Assets awarded to the Company through its mining activities and collected for membership revenue are accounted for in connection with the Company's revenue recognition policy. Following the adoption of Accounting Standards Update ("ASU") 2023-08 effective January 1, 2025, the Company measures digital assets at fair value with changes recognized in other income (expense) in the Consolidated Statement of Operations. The Company tracks its cost basis of digital assets by-wallet in accordance with the first-in-first-out ("FIFO") method of accounting. Refer to "NOTE 5 – DIGITAL ASSETS", for further information regarding the Company's impact of the adoption of ASU 2023-08, as defined below.

**Equity investments without readily determinable fair values**

Equity investments without readily determinable fair values are accounted for under the measurement alternative. Under the measurement alternative, the carrying value is measured at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or similar investment of the same issuer. Changes in value and impairments of equity investments without readily determinable fair values are recognized in "Gain (loss) on equity investments" in our condensed consolidated statement of income. Equity investments without readily determinable fair values are presented as "Equity investment" in our consolidated balance sheet (see NOTE 12).

**Goodwill**

Goodwill represents the excess of the purchase price over the fair value of the net assets acquired in a business combination. Goodwill is not subject to amortization, and instead, assessed for impairment annually at the end of each fiscal year, or more frequently when events or changes in circumstances indicate that it is more likely than not that the fair value of a reporting unit is less than its carrying amount in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 350 - Intangibles - Goodwill and Other.

The Company has the option to first assess qualitative factors to determine whether events or circumstances indicate it is more likely than not that the fair value of a reporting unit is greater than its carrying amount, in which case a quantitative impairment test is not required.

As provided for by ASU No. 2017-04, Simplifying the Test for Goodwill Impairment, the quantitative goodwill impairment test is performed by comparing the fair value of the reporting unit with its carrying amount, including goodwill. If the fair value of the reporting unit exceeds its carrying amount, goodwill is not impaired. An impairment loss is recognized for any excess of the carrying amount of the reporting unit over its fair value up to the amount of goodwill allocated to the reporting unit.

On October 11, 2024, through a wholly owned subsidiary, the Company closed on the purchase of the business and assets of Renu Labs, a manufacturer of proprietary and other health, beauty, and wellness products. The transaction was accounted for as a business combination using the acquisition method of accounting in accordance with the ASC Topic 805 which resulted in $873,701 of goodwill. During the year ended December 31, 2025, this goodwill was fully impaired.

**Intangible Assets** 

We account for our intangible assets in accordance with FASB ASC Subtopic 350-30, General Intangibles Other Than Goodwill ("ASC 350-30"), and ASC Subtopic 360-10-05, Accounting for the Impairment or Disposal of Long-Lived Assets ("ASC 360-10-05"). ASC 350-30 requires assets to be measured based on the fair value of the consideration given or the fair value of the assets (or net assets) acquired, whichever is more clearly evident and, thus, more reliably measurable. Under ASC 350-30 any intangible asset with a useful life is required to be amortized over that life and the useful life is to be evaluated every reporting period to determine whether events or circumstances warrant a revision to the remaining period of amortization. If the estimate of useful life is changed the remaining carrying amount of the intangible asset is amortized prospectively over the revised remaining useful life. Costs of internally developing, maintaining, or restoring intangible assets are recognized as an expense when incurred.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

**Impairment of Long-Lived Assets**

We have adopted ASC Subtopic 360-10, Property, Plant and Equipment ("ASC 360-10"). ASC 360-10 requires that long-lived assets and certain identifiable intangibles held and used by us be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable or when the historical cost carrying value of an asset may no longer be appropriate. Events relating to recoverability may include significant unfavorable changes in business conditions, recurring losses, or a forecasted inability to achieve break-even operating results over an extended period.

We evaluate the recoverability of long-lived assets based upon future net cash flows expected to result from the asset, including eventual disposition. Should impairment in value be indicated, the carrying value of intangible assets will be adjusted and an impairment loss is recorded equal to the difference between the asset's carrying value and fair value or disposable value. During the three months ended March 31, 2026 and 2025, no impairment was recorded.

**Fair Value of Financial Instruments**

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, based on our principal or, in the absence of a principal, most advantageous market for the specific asset or liability.

U.S. generally accepted accounting principles provide for a three-level hierarchy of inputs to valuation techniques used to measure fair value, defined as follows:

---

| | |
|:---|:---|
| Level 1: | Inputs that are quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity can access. |
| Level 2: | Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability, including: |

---

---

| |
|:---|
| quoted prices for similar assets or liabilities in active markets; |
| quoted prices for identical or similar assets or liabilities in markets that are not active; |
| inputs other than quoted prices that are observable for the asset or liability; and |
| inputs that are derived principally from or corroborated by observable market data by correlation or other means. |

---

---

| | |
|:---|:---|
| Level 3: | Inputs that are unobservable and reflect management's own assumptions about the inputs market participants would use in pricing the asset or liability based on the best information available in the circumstances (e.g., internally derived assumptions surrounding the timing and amount of expected cash flows). |

---

Our financial instruments consist of cash, accounts receivable and accounts payable, and debt. We have determined that the book value of our outstanding financial instruments as of March 31, 2026, and December 31, 2025, approximates the fair value due to their short-term nature or interest rates that approximate prevailing market rates.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

Items recorded or measured at fair value on a recurring basis in the accompanying consolidated financial statements consisted of the following items as of March 31, 2026:

SCHEDULE OF ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Level 1 | Level 2 | Level 3 | Total |
| Digital assets (see NOTE 5) | $4990029 | $- | $- | $4990029 |
| Total Assets | $4990029 | $- | $- | $4990029 |
| Total Liabilities | $- | $- | $- | $- |

---

Items recorded or measured at fair value on a recurring basis in the accompanying consolidated financial statements consisted of the following items as of December 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Level 1 | Level 2 | Level 3 | Total |
| Digital assets (see NOTE 5) | $5464011 | $- | $- | $5464011 |
| Total Assets | $5464011 | $- | $- | $5464011 |
| Total Liabilities | $- | $- | $- | $- |

---

**Revenue Recognition**

Membership Revenue

Most of our revenue is generated by membership sales and payment is received at the time of purchase. In some cases, customers use earned commissions to pay or partially pay for a membership. We recognize membership revenue in accordance with ASC Subtopic 606-10, Revenue from Contracts with Customers ("ASC 606-10"), where revenue is measured based on a consideration specified in a contract with a customer and recognized when we satisfy the performance obligation specified in each contract. Our performance obligation is to provide our tools, products, and content over a fixed membership period; therefore, we recognize revenue ratably over the membership period and deferred revenue is recorded for the portion of the membership period subsequent to each reporting date. Additionally, we offer a designated trial period to first-time membership customers, during which a full refund can be requested if a customer does not wish to continue with the membership. Revenues are deferred during the trial period as collection is not probable until that time has passed. Revenues are presented net of refunds, sales incentives, credits, and known and estimated credit card chargebacks. As of March 31, 2026, and December 31, 2025, our deferred revenues for membership revenue were $588,754 and $821,903, respectively.

Mining Revenue

We generate revenue from mining bitcoin. The Company has entered into a digital asset mining pool by executing a contract, as amended from time to time, with the mining pool operator to provide computing power to the mining pool. The contract is terminable at any time by either party without penalty. Further, since the contract is continuously renewing, second by second, the mining contract is considered to have a duration of less than 24 hours for accounting purposes. The Company's enforceable right to compensation only begins when the Company provides computing power to the mining pool operator. In exchange for providing computing power, we are entitled to a Full-Pay-Per-Share payout of Bitcoin based on a contractual formula, which calculates our share of block rewards, transaction fees, and mining pool operator fees. We are entitled to consideration even if a block is not successfully placed by the mining pool operator.

Providing computing power to solve complex cryptographic algorithms in support of the Bitcoin blockchain (in a process known as "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.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

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 March 31, 2026, and December 31, 2025, deposits collected from customers for orders to be filled at a future date were $99,421 and $108,061, 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.

Coffee Sales

In January 2026, the Company started selling a proprietary brand of coffee. The Company's performance obligation is to deliver the coffee to customers. Therefore, revenue is recognized once delivery occurs. Customers remit payment at the time of order placement, therefore payment received by the Company prior to coffee delivery is recorded as deferred revenue. As of March 31, 2026, the Company had $5,006 of deferred revenue for its coffee sales. Shipping and handling costs that occur are paid by the customer and are recorded as revenue. The Company has a policy to provide a refund on any product returned by the customer.

Revenue generated for the three months ended March 31, 2026, was as follows:

SCHEDULE OF REVENUE GENERATED

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | Membership <br>revenue | Mining revenue | Health and wellness product sales | Coffee Sales | Other Revenue | Total |
| Gross billings/receipts | $2854017 | $554122 | $270392 | $350085 | $9873 | $4038489 |
| Refunds, incentives, credits, and chargebacks | (110998) | - | (1620) | (29625) | - | (142243) |
| Net revenue | $2743019 | $554122 | $268772 | $320460 | $9873 | $3896246 |

---

Foreign revenues for the three months ended March 31, 2026 were approximately $1.6 million while domestic revenue for the three months ended March 31, 2026 was approximately $2.3 million.

Revenue generated for the three months ended March 31, 2025, was as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Membership <br> revenue | Mining revenue | Health and wellness product sales | Other Revenue | Total |
| Gross billings/receipts | $9439857 | $862944 | $368443 | $7344 | $10678588 |
| Refunds, incentives, credits, and chargebacks | (648414) | - | (122) | - | (648536) |
| Net revenue | $8791443 | $862944 | $368321 | $7344 | $10030052 |

---

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

Foreign revenues for the three months ended March 31, 2025 were approximately $7.6 million while domestic revenue for the three months ended March 31, 2025 was approximately $2.4 million.

**Advertising, Selling and Marketing Costs**

We expense advertising, selling, and marketing costs as incurred. Advertising, selling, and marketing costs include costs of promoting our product worldwide, including promotional events. Advertising, selling, and marketing expenses for the three months ended March 31, 2026, and 2025, totaled $17,247 and $95,103, respectively.

**Cost of Sales and Service**

Included in our costs of sales and services is amounts paid to our trading and market experts that provide financial education content and tools to our membership customers, hosting and electricity fees that we pay to vendors to set up our mining equipment at third-party sites in order to generate mining revenue, the raw material and manufacturing costs of our health and wellness product sales, and the coffee costs for our coffee sales. Costs of sales and services for the three months ended March 31, 2026 and 2025, totaled $1,357,047 and $1,544,116, respectively.

**Inventory**

Inventory consists of raw materials, work in progress, and finished goods to be sold as part of our health and wellness product sales. Inventory is valued at the lower of cost or net realizable value using the first-in, first-out (FIFO) method and is inclusive of any shipping and tax costs.

Inventory was made up of the following at each balance sheet date:

SCHEDULE OF INVENTORY

---

| | | |
|:---|:---|:---|
|  | March 31,<br>2026 | December 31,<br>2025 |
| Finished goods | $265477 | $38664 |
| Work in process | 58929 | 115733 |
| Raw materials | 473799 | 508603 |
| Inventory | $798205 | $663000 |

---

**Income Taxes**

Income taxes are recorded in accordance with ASC Topic 740, Income Taxes, which requires the recognition of deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between financial statements and tax basis of assets and liabilities, including operating losses and credit carryforwards, using enacted tax rates in effect for the year in which the differences are expected to reverse.

Management judgment is required in determining our provision for income taxes, our deferred tax assets and liabilities, and any valuation allowance recorded against our deferred tax assets. Deferred tax assets are reduced by a valuation allowance if, based on the consideration of all available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. Changes in assumptions in future periods may require we adjust our valuation allowance, which could materially impact our financial position and results of operations. The Company recognizes the benefit of an uncertain tax position that it has taken or expects to take on its income tax return, if such a position is more likely than not to be sustained.

 **INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

**Net Income (Loss) per Share**

We follow ASC Subtopic 260-10, Earnings per Share, which specifies the computation, presentation, and disclosure requirements of earnings per share information. Basic loss per share has been calculated based upon the weighted average number of common shares outstanding. Diluted income (loss) per share reflects the potential dilution that could occur if stock options or other contracts to issue common stock were exercised or converted during the period. Dilutive securities having an anti-dilutive effect on diluted earnings per share are excluded from the calculation.

Due to the net loss for the three months ended March 31, 2026 and 2025, basic and diluted income per share were the same, as all securities had an anti-dilutive effect. The following table presents potentially dilutive securities that were not included in the computation of diluted net income per share for the three months ended March 31, 2026 and 2025, as their inclusion would be anti-dilutive.

SCHEDULE OF POTENTIALLY DILUTIVE SECURITIES

---

| | | |
|:---|:---|:---|
|  | March 31, 2026 | March 31, 2025 |
| Weighted average options to purchase common stock | 367509998 | 351416665 |
| Weighted average warrants to purchase common stock | 811031 | 1178090 |
| Common stock issuable upon conversion of notes | 471428571 | 471428571 |
| Common stock issuable upon conversion of non-voting membership interest | 563855711 | 565000000 |

---

**Lease Obligation**

We determine if an arrangement is a lease at inception. Operating leases are included in the operating lease right-of-use asset account, the operating lease liability, current account, and the operating lease liability, long-term account in our balance sheet. Right-of-use assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease.

Operating lease right-of-use assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. For leases in which the rate implicit in the lease is not readily determinable, we use our incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. We have elected not to apply the recognition requirements of ASC Topic 842, Leases, to short-term leases (leases with terms of twelve months or less). Lease terms include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for operating lease arrangements is recognized on a straight-line basis over the lease term. We have elected the practical expedient and will not separate non-lease components from lease components, and will instead account for each separate lease component and non-lease component associated with the lease components as a single lease component.

**NOTE 3 – RECENT ACCOUNTING PRONOUNCEMENTS**

In December 2023, the FASB issued ASU No. 2023-08, Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets ("ASU 2023-08"). The amendments in ASU 2023-08 are intended to improve the accounting for certain crypto assets by requiring an entity to measure those crypto assets at fair value each reporting period with changes in fair value recognized in net income. The amendments also improve the information provided to investors about an entity's crypto asset holdings by requiring disclosure about significant holdings, contractual sale restrictions, and changes during the reporting period. The amendments are effective for all entities for fiscal years beginning after December 15, 2024, including interim periods within those fiscal years. The Company adopted ASU 2023-08 for the year ended December 31, 2025, effective as of January 1, 2025, which had a material impact on the financial statements.

In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures ("ASU 2023-09"). ASU 2023-09 expands existing income tax disclosures for rate reconciliations by requiring disclosure of certain specific categories and additional reconciling items that meet quantitative thresholds and expands disclosures for income taxes paid by requiring disaggregation by certain jurisdictions. ASU 2023-09 is effective for annual periods beginning after December 15, 2024; early adoption is permitted. The Company adopted ASU 2023-09 for the year ended December 31, 2025. The amendments only impact disclosures and are not expected to have an impact on the Company's financial condition and results of operations.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

In December 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40) ("ASU 2024-03"). ASU 2024-03 requires, in the notes to the financial statements, disclosures of specified information about certain costs and expenses specified in the updated guidance. ASU 2024-03 is effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company did not elect early adoption and is evaluating the impact the updated guidance will have on its disclosures in 2027.

We have noted no other recently issued accounting pronouncements that we have not yet adopted that we believe are applicable or would have a material impact on our financial statements.

**NOTE 4 – LIQUIDITY**

During the three months ended March 31, 2026, we recorded a net loss from operations of $2,785,965 and a net loss of $3,889,068. During that period, we were able to meet our short-and long-term working capital and capital expenditure requirements.

The Company's capital is generally used to support operations and capital expenditures. However, the Company also, from time-to-time, will review potential investments that it believes present unique situations to participate in growth opportunities. Two such opportunities presented themselves when the Company, during October 2025 and March 2026, invested an aggregate of $3.25 million in a special purpose vehicle (the "SPV") organized by Dream Ventures LLC, which participated in exempt private placements in an early-stage enterprise developing next-generation nuclear power and infrastructure technologies. The Company's investment consisted of the acquisition of restricted units of the SPV valued at the time of the investments at $3.25 million, as a limited rights participant in two investment rounds in an aggregate amount of $95 million. The SPV, in turn, used the proceeds of those investment rounds to invest in private investment securities of the early-stage nuclear enterprise. We do not possess a controlling financial interest or exercise significant influence over the SPV, and any proposed transfer of our restricted units requires prior written consent of the SPV.

The Company is not in the business of making investments in private securities, however, these investments were viewed by the Board of Directors as a strategic investment intended to access a possible growth opportunity that takes advantage of renewed momentum around modular, rapidly deployable energy systems, supported by recent federal initiatives and Department of Energy programs promoting advanced-reactor innovation.

At March 31, 2026, we had available liquidity including working capital of $1,631,521 (including $4.5 million in cash and cash equivalents), and a digital asset balance at a fair value of $4,990,029, sufficient to sustain our first quarter losses from operations, and we believe sufficient to meet our debt service, preferred stock dividend payments and all other obligations in a timely manner for the short-term. While we do not believe that our operating losses will continue at this level for the longer term, should that occur, we still believe that we will be able to sustain our operations for at least the next twelve months based upon our belief that during that period we will be able to monetize our private investments, and at amounts that are significantly appreciated above our purchase price.

Shound we be unable to sell our private investment at a profit, or otherwise, we believe that we can mitigate, to the best extent possible, our recent operating losses and eroding revenue base, through the adoption of strategic initiatives that are designed to contain costs and address certain of the eroding economics that we have been experiencing in operations. Primarily, we have recently started to expand our direct selling network through the onboarding of two additional selling networks. We believe these networks can offer the potential to expand our global distributor network, diversify our revenue base, and supplement the network capacity and revenue streams adversely impacted in recent quarters. Next, we are continuing our efforts to transition our direct-to-consumer business unit toward a more diversified operating platform which is expected to integrate our health and wellness and consumer products offerings. We have also implemented broad-based cost-cutting initiatives, including a plan to wind-down our bitcoin mining operations starting July 2026, should the economics of that business unit not recover to an acceptable level. Furthermore, we have filed an appeal in the matter involving UOKiK as we remain committed to operating in Poland in full compliance with applicable laws.

**NOTE 5 – DIGITAL ASSETS**

**Adoption of ASU No. 2023-08, Accounting for and Disclosure of Digital Assets**

Effective January 1, 2025, the Company adopted ASU 2023-08, which requires entities to measure crypto assets at fair value with changes recognized in the Statement of Operations each reporting period. The Company's digital assets are within the scope of ASU 2023-08, and the transition guidance requires a cumulative-effect adjustment as of the beginning of the current fiscal year for any difference between the carrying amount of the Company's digital assets and fair value. As a result of the Company's early adoption of ASU 2023-08, the Company recorded a $148,346 increase to digital assets and a $148,346 decrease to accumulated deficit on the Balance Sheets as of the beginning of the fiscal year ended December 31, 2025.

The following table presents the Company's Digital Asset holdings as of March 31, 2026:

SCHEDULE OF DIGITAL ASSETS

---

| | | | |
|:---|:---|:---|:---|
|  | **Quantity** | **Cost Basis** | **Fair Value** |
| Bitcoin | 60.93 | $5800320 | $4157686 |
| USDC | 832343 | 832343 | 832343 |
| Total digital assets held as of March 31, 2026 |  | $6632663 | $4990029 |

---

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

The following table presents a roll-forward of total digital assets for the three months ended March 31, 2026, based on the fair value model under ASU 2023-08:

SCHEDULE OF DIGITAL ASSETS ACTIVITY

---

| | |
|:---|:---|
|  | **Fair Value** |
| Balance as of December 31, 2025 | $5464011 |
| Revenue recognized from Bitcoin mined (7.10 Bitcoin) | 554122 |
| Digital assets collected from membership revenue | 32174 |
| Digital assets collected for deferred coffee sales | 5256 |
| Purchase of digital assets | 256592 |
| Proceeds from sale of digital assets | (102386) |
| Operating expenses paid with digital assets | (97486) |
| Dividends paid via digital assets | (40693) |
| Realized gain (loss) on digital assets | (30181) |
| Change in fair value of digital assets | (1051380) |
| Balance as of March 31, 2026 | $4990029 |

---

The following table presents a roll-forward of total digital assets for the three months ended March 31, 2025, based on the fair value model under ASU 2023-08:

---

| | |
|:---|:---|
|  | **Fair Value** |
| Balance as of December 31, 2024 | $1127891 |
| Cumulative effect adjustment upon adoption of ASU 2023-08 | 148346 |
| Revenue recognized from Bitcoin mined (9.12 BTC) | 862944 |
| Digital assets collected from membership revenue | 336614 |
| Purchase of digital assets | 1695 |
| Operating expenses paid with digital assets | (527058) |
| Dividends paid via digital assets | (40645) |
| Realized gain (loss) on digital assets | (13252) |
| Change in fair value of digital assets | (220184) |
| Balance as of March 31, 2025 | $1676351 |

---

**NOTE 6 – RELATED-PARTY TRANSACTIONS**

**Related Party Debt**

Our related-party payables consisted of the following:

SCHEDULE OF RELATED PARTY PAYABLES

---

| | | |
|:---|:---|:---|
|  | March 31, 2026 | December 31, 2025 |
| Convertible Promissory Note entered into on 4/27/20, net of debt discount of $530,039 as of March 31, 2026 [1] | $769961 | $737924 |
| Convertible Promissory Note entered into on 5/27/20, net of debt discount of $287,768 as of March 31, 2026 [2] | 412232 | 394841 |
| Convertible Promissory Note entered into on 11/9/20, net of debt discount of $560,099 as of March 31, 2026 [3] | 739901 | 706043 |
| Working Capital Promissory Note entered into on 3/22/21 [4] | 1206217 | 1205887 |
| Total related-party debt | 3128311 | 3044695 |
| Less: Current portion | (1206217) | (1205887) |
| Related-party debt, long term | $1922094 | $1838808 |

---

---

| | |
|:---|:---|
| [1] | On April 27, 2020, we received proceeds of $1,300,000 from DBR Capital, LLC, an entity controlled by a member of our Board of Directors, and entered into a convertible promissory note. The note is secured by collateral of the Company and its subsidiaries. The note bears interest at 20% per annum, payable monthly, and the principal is due and payable on April 27, 2030. Per the original terms of the agreement, the note was convertible into common stock at a conversion price of $0.01257 per share, which was amended on November 9, 2020 to reduce the conversion price to $0.007 per share. At inception we recorded a beneficial conversion feature and debt discount of $1,300,000. During the three months ended March 31, 2026, we recognized $32,037 of the debt discount into interest expense, and expensed an additional $65,004 of interest expense on the note, all of which was repaid during the period. |

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**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

---

| | |
|:---|:---|
| [2] | On May 27, 2020, we received proceeds of $700,000 from DBR Capital, LLC, an entity controlled by a member of our Board of Directors, and entered into a convertible promissory note. The note is secured by collateral of the Company and its subsidiaries. The note bears interest at 20% per annum, payable monthly, and the principal is due and payable on April 27, 2030. Per the original terms of the agreement, the note was convertible into common stock at a conversion price of $0.01257 per share, which was amended on November 9, 2020 to reduce the conversion price to $0.007 per share. At inception we recorded a beneficial conversion feature and debt discount of $700,000. During the three months ended March 31, 2026, we recognized $17,391 of the debt discount into interest expense and expensed an additional $35,001 of interest expense on the note, all of which was repaid during the period. |
| [3] | On November 9, 2020, we received proceeds of $1,300,000 from DBR Capital, LLC, an entity controlled by a member of our Board of Directors, and entered into a convertible promissory note. The note is secured by collateral of the Company and its subsidiaries. The note bears interest at 38.5% per annum, made up of a 25% interest rate per annum and a facility fee of 13.5% per annum, payable monthly beginning February 1, 2021, and the principal is due and payable on April 27, 2030. Per the terms of the agreement, the note is convertible into common stock at a conversion price of $0.007 per share. At inception we recorded a beneficial conversion feature and debt discount of $1,300,000. During the three months ended March 31, 2026, we recognized $33,858 of the debt discount into interest expense and expensed an additional $125,124 of interest expense on the note, all of which was repaid during the period. |
| [4] | On March 22, 2021, we entered into Securities Purchase Agreements to purchase 100% of the operating assets of SSA Technologies LLC, an entity that owns and operates a FINRA-registered broker-dealer. SSA is controlled and partially owned by Joseph Cammarata, our former Chief Executive Officer. (See Note 10). Commencing upon execution of the agreements and through the closing of the transactions, we agreed to provide certain transition service arrangements to SSA. In connection with the transactions, we entered into a Working Capital Promissory Note with SSA under which SSA was to have advanced to us up to $1,500,000 before the end of 2021; however, SSA only provided advances of $1,200,000, to date. The note bears interest at the rate of 0.11% per annum. The note was due and payable by January 31, 2022; however, has not yet been repaid as we consider our legal options in light of SSA's failure to complete its funding obligations, and the other damages we sustained as a result of the actions of Mr. Cammarata. During the three months ended March 31, 2026, we recorded interest expense of $330 on the note. The note was to have been secured by the pledge of 12,000,000 shares of our common stock; however, it remains unsecured as the pledge of shares was not implemented at the closing of the loan. |

---

The loans referenced in footnotes 1-3 above were advanced under a Securities Purchase Agreement we entered into on April 27, 2020, with DBR Capital. Under the Securities Purchase Agreement (which was subsequently amended and restated), DBR Capital agreed to advance up to $11 million to us in a series of up to five closings through December 31, 2026, of which the amounts advanced covered in footnotes 1-3 above constituted the first three closings.

On February 28, 2025, we and DBR Capital entered into a Fifth Amendment to the now Amended and Restated Securities Purchase Agreement that extends the deadlines for the fourth and fifth closings under that Agreement from December 31, 2024, to August 31, 2025, and December 31, 2026, respectively. DBR Capital's right to effect the fourth closing expired on August 31, 2025; however, the fifth closing remains at the sole discretion of DBR Capital, and we cannot provide any assurance that it will occur when contemplated or ever.

**Other Related Party Arrangements**

On September 29, 2023, we closed on the purchase in a private transaction of shares of our common stock under the terms of a Stock Purchase and Release Agreement dated September 18, 2023 (the "Romano/Raynor Agreement"). Under the Romano/Raynor Agreement, the Company purchased for surrender in a series of private transactions, an aggregate of 302,919,223 shares of the Company's common stock (the "Romano/Raynor Purchased Shares") from sellers consisting of Mario Romano, Annette Raynor, and a series of their family members and related entities (collectively, the "Sellers"). The Romano/Raynor Purchased Shares were purchased for aggregate consideration of $2,922,380, representing a price of $0.00964739 per share. One-eighth of the purchase price was paid within seven (7) days of the closing, with the balance payable in a series of equal quarterly payments over seven (7) consecutive quarters thereafter.

In addition to the cash consideration for the Purchased Shares, the Company also agreed to cover a limited amount of the legal fees incurred by the Sellers in the transaction, as well as provide Mr. Romano and Ms. Raynor with a $250,000 expense allowance, payable in installments, to cover legal fees and other expenses on a non-accountable basis, in connection with any matters that may arise in which either or both of Mr. Romano and/or Ms. Raynor served as officers and directors of the Company. In return, Mr. Romano and Ms. Raynor agreed to waive any future entitlement, if at all, to indemnification of costs and expenses, including legal fees under Nevada law or otherwise arising from or relating to any period in which Romano or Raynor were officers and directors of the Company.

The consideration paid for the Purchased Shares of $2,922,380 plus the $250,000 expense allowance was allocated to the share purchase for a total of $3,172,380.

On February 7, 2024, we closed on the purchase in a private transaction of shares of our common stock under the terms of a Stock Purchase and Release Agreement dated February 6, 2024 (the "Smith/Miller Agreement"). Under the Smith/Miller Agreement, the Company purchased for surrender and cancellation a total of 472,374,710 shares of the Company's common stock (the "Smith/Miller Purchased Shares") from Ryan Smith and Chad Miller and certain of their respective affiliates and family members. The Smith/Miller Purchased Shares were purchased for aggregate purchase price of $3,571,146, representing a price of $0.007559985 per share. One-eighth of the purchase price was paid within seven (7) days of the closing, with the balance payable in a series of equal quarterly payments over seven (7) consecutive quarters thereafter.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

The consideration paid for the Purchased Shares of $3,571,146 was allocated to the share purchase.

The Romano/Raynor Agreement and the Smith/Miller Agreement were paid in full during the year ended December 31, 2025. During the three months ended March 31, 2025, we made payments of $842,940 for shares repurchased under the Romano/Raynor Agreement and the Smith/Miller Agreement.

**NOTE 7 – DEBT**

Our debt consisted of the following:

SCHEDULE OF DEBT

---

| | | |
|:---|:---|:---|
|  | March 31, <br> 2026 | December 31,<br> 2025 |
| Loan with the U.S. Small Business Administration dated 4/19/20 [1] | $506712 | $509399 |
| Total debt | 506712 | 509399 |
| Less: current portion | 29244 | 29244 |
| Debt, long term portion | $477468 | $480155 |

---

---

| | |
|:---|:---|
| [1] | In April 2020 we received proceeds of $500,000 from a loan entered into with the U.S. Small Business Administration. Under the terms of the loan interest is to accrue at a rate of 3.75% per annum and installment payments of $2,437 monthly will begin twelve months from the date of the loan, with all interest and principal due and payable thirty years from the date of the loan. During the three months ended March 31, 2026, we recorded $4,624 worth of interest on the loan. During the three months ended March 31, 2026, we made principal and interest payments on the loan of $7,311. |

---

**NOTE 8 – OPERATING LEASE**

In July 2021, we entered an operating lease for office space in Wyckoff, New Jersey (the "Wyckoff Lease"), and in September 2021 we assumed an operating lease for office space in Haverford, Pennsylvania (the "Haverford Lease") in connection with the acquisition of all of the operating assets of MPower Trading Systems, LLC ("MPower"). This facility now serves as the headquarters of the company. In November 2024, we entered an operating lease for office, warehouse, and manufacturing space in Warminster, Pennsylvania ("the "Warminster Lease") and in December 2024, we entered an operating lease for warehouse space in Ivyland, Pennsylvania (the "Ivyland Lease"). The Warminster Lease and the Ivyland Lease were entered for use by our subsidiary Renu Laboratories LLC.

At the 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 the 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 the commencement of the Warminster Lease, right-of-use assets obtained in exchange for new operating lease liabilities amounted to $108,327. The term of the Warminster Lease was extended through December 31, 2026.

At the 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 $19,647 for the three months ended March 31, 2026. Operating cash flows used for the operating leases during the three months ended March 31, 2026, were $19,578. As of March 31, 2026, the weighted average remaining lease term was 0.89 years, and the weighted average discount rate was 12%.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

Future minimum lease payments under non-cancellable leases as of March 31, 2026, were as follows:

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS UNDER NON-CANCELLABLE LEASES

---

| | |
|:---|:---|
| Remainder of 2026 | $55720 |
| 2027 | 7260 |
| Total | 62980 |
| Less: Interest | (3740) |
| Present value of lease liability | 59240 |
| Operating lease liability, current [1] | (55770) |
| Operating lease liability, long term | $3470 |

---

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

**NOTE 9 – STOCKHOLDERS' EQUITY (DEFICIT)**

**Preferred Stock**

We are authorized to issue up to 50,000,000 shares of preferred stock with a par value of $0.001 and our Board of Directors has the authority to issue one or more classes of preferred stock with rights senior to those of common stock and to determine the rights, privileges, and preferences of that preferred stock.

Our Board of Directors approved the designation of 2,000,000 of the Company's shares of preferred stock as Series B Cumulative Redeemable Perpetual Preferred Stock ("Series B Preferred Stock"), each with a stated value of $25 per share. Holders of our Series B Preferred Stock are entitled to receive cumulative dividends at the annual rate of 13% per annum of the stated value, equal to $3.25 per annum per share. The Series B Preferred Stock is redeemable at our option or upon certain change of control events.

During the year ended March 31, 2021, we commenced an offering to sell a total of 2,000,000 units at $25 per unit ("Unit Offering"), with each unit consisting of: (i) one share of our newly authorized Series B Preferred Stock and (ii) five warrants each exercisable to purchase one share of common stock at an exercise price of $0.10 per warrant share. Each Warrant offered is immediately exercisable on the date of issuance, will expire 5 years from the date of issuance, and its value has been classified as a fair value liability due to the terms of the instrument. The Unit Offering was completed on or about August 17, 2021, having resulted in the public offer and sale of 252,192 Units.

As of March 31, 2026, and December 31, 2025, we had 252,192 shares of preferred stock issued and outstanding.

**Preferred Stock Dividends**

During the three months ended March 31, 2026, we declared $204,835 of cumulative cash dividends due to the holders of our Series B Preferred Stock. We made payments of $162,618 in cash and issued $40,693 worth of digital assets to reduce the amounts owing. As of March 31, 2026 and December 31, 2025, the dividend liability on our balance sheets was $241,300 and $239,776, respectively.

During the three months ended March 31, 2025, we declared $204,835 for cumulative cash dividends due to the shareholders of our Series B Preferred Stock. We made payments of $161,854 in cash and issued $40,645 worth of digital assets to reduce the amounts owing.

**Common Stock Transactions**

On March 6, 2025, the Board of Directors authorized a stock repurchase program that will allow the Company to repurchase up to $1,000,000 in aggregate value of shares of the Company's common stock, through March 31, 2026. The stock repurchase program was extended to cover the repurchase of shares of the Company's common stock through March 31, 2027. During the three months ended March 31, 2026, 1,710,963 shares were repurchased for $44,624. During the three months ended March 31, 2025, 1,089,286 shares were repurchased for $24,006. These shares are being held by the Company in Treasury.

As of March 31, 2026 and December 31, 2025, we had 1,860,376,075 and 1,860,376,075 shares of common stock issued and 1,846,175,402 and 1,847,886,365 shares of common stock outstanding, respectively.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

**Options** 

The 2022 Incentive Plan authorizes a variety of incentive equity awards consisting of stock options, restricted stock, restricted stock units, and reserves for issuance up to 600,000,000 shares of the Company's common stock.

During the three months ended March 31, 2026, in connection with his appointment to the Board, Robert Verdun was granted an option to purchase 25,000,000 shares of the Company's common stock at an exercise price of $0.05 under the Investview, Inc. 2022 Incentive Plan. 5,000,000 shares vest on each of February 5, 2027, February 5, 2028, February 5, 2029, February 5, 2030, and February 5, 2031, and in each case so long as he is a director or covered person of the Company as of such date. Additionally, we cancelled 200,000 unvested options upon the resignation of an employee of the Company.

Transactions involving our options are summarized as follows:

SCHEDULE OF OPTIONS ACTIVITY

---

| | | | |
|:---|:---|:---|:---|
|  |<br><br>Number of<br>Options |<br>Weighted<br>Average<br>Exercise Price | Weighted<br>Average<br>Grant-Date<br>Per Share<br>Fair Value |
| Options outstanding at December 31, 2025 | 350616665 | $0.05 | $0.03 |
| Granted | 25000000 | $0.05 | $0.03 |
| Canceled/Expired | (200000) | $0.05 | $0.02 |
| Exercised | - | $- | $- |
| Options outstanding at March 31, 2026 | 375416665 | $0.05 | $0.03 |

---

Details of our options outstanding as of March 31, 2026, are as follows:

SCHEDULE OF OPTIONS OUTSTANDING

<u>Options Exercisable</u> <u>Weighted Average Exercise Price of Options Exercisable</u> <u>Weighted Average Contractual Life of Options Exercisable (Years)</u> <u>Weighted Average Contractual Life of Options Outstanding (Years)</u> <br> 287,166,665 0.05 3.27 3.60

Total stock compensation expense related to the options for the three months ended March 31, 2026, and 2025, was $403,370 and $387,634, respectively. As of March 31, 2026, there was approximately $1.8 million of unrecognized compensation cost related to the Options, which is expected to be recognized over a remaining weighted-average vesting period of approximately 1.6 years.

**Warrants**

Transactions involving our warrants are summarized as follows:

SCHEDULE OF WARRANTS ISSUED

---

| | | |
|:---|:---|:---|
|  |<br>Number of<br>Shares | Weighted<br>Average<br>Exercise Price |
| Warrants outstanding at December 31, 2025 | 914640 | $0.10 |
| Granted |  | $- |
| Canceled/Expired | (468795) | $0.10 |
| Exercised | - | $- |
| Warrants outstanding at March 31, 2026 | 445845 | $0.10 |

---

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

Details of our warrants outstanding as of March 31, 2026, are as follows:

SCHEDULE OF WARRANTS OUTSTANDING

<u>Warrants Exercisable</u> <u>Weighted Average Contractual Life of Warrants Outstanding and Exercisable (Years)</u> <br> 445,845 0.16

**Class B Units of Investview Financial Group Holdings, LLC**

As of March 31, 2026, and December 31, 2025, there were 563,855,711 Class B Redeemable Units of our subsidiary, Investview Financial Group Holdings, LLC, issued and outstanding. These Class B Units were issued as consideration for the purchase of operating assets and intellectual property rights of MPower, a company controlled and partially owned by David B. Rothrock and James R. Bell, two of our board members. The Class B Units have no voting rights and were subject to a lock-up agreement that expired in April 2025. The Class B Units can be exchanged by the holders at any time for 565,000,000 shares of our common stock on a one-for-one basis, subject to the Company's overriding right to redeem the Class B Units on the 7th anniversary of the date of issuance (September 3, 2028) or earlier if there are less than 50% of the Class B Units originally issued still outstanding or if the holders of a majority of the Class B Units request the mandatory redemption of all Class B Units. The Company has agreed to use its reasonable commercial efforts to register the resale of the common stock that may be issued upon redemption of the Class B Units under the Securities Act.

In order to properly account for the purchase transaction on the Company's financial statements, we were required by applicable financial reporting standards to value the Class B Units issued to MPower in the transaction as of the closing date of the MPower sale transaction (September 3, 2021). For these accounting purposes, we concluded that the "fair value" of the consideration for financial accounting purposes, at the if-converted market value of the underlying common shares was $58.9 million, based on the closing market price of $0.1532 on the closing date of September 3, 2021, as discounted from $86.6 million by 32% (or $27.7 million) to reflect the significant lock-up period (which has now expired). The "fair value" valuation of the Class B Units, however, was completed relying on a certain set of methodologies that are accepted for accounting purposes, and is not necessarily indicative of the "fair market value" that may be implied relative to such Class B Units in a commercial transaction not governed by financial reporting standards. In particular, the methodology used to value the Class B Units at their "fair value" did not take into account any blockage discounts that may otherwise apply after the lock-up period expired in 2025; while other valuation methodologies, not bound by financial reporting codifications, would possibly determine that the blockage discount associated with the resale of 565 million shares after the expiration of the lock-up period, into a marketplace that has limited market liquidity, could possibly have a material downward influence on the valuation.

During the year ended December 31, 2025, we issued 1,144,289 shares of the Company's common stock in exchange for the redemption of 1,144,289 Class B Units of Investview Financial Group Holdings, LLC.

**NOTE 10 – COMMITMENTS AND CONTINGENCIES**

**Litigation**

***Settlement of SEC Inquiry***

In the ordinary course of business, we may be, or have been, involved in legal proceedings. On November 9, 2021, the Company received a subpoena from the United States Securities and Exchange Commission ("SEC") for the production of documents. In the subpoena, the SEC advised that the inquiry did not mean that the SEC concluded that the Company or anyone affiliated with the Company had violated the federal securities laws or any other law. However, in the course of communications with the SEC throughout the inquiry, the Company came to believe that the focus of the SEC's inquiry involved whether the offer and sale of the Company's now-discontinued Apex sale and leaseback program violated certain federal securities laws. Following a several-year review process in which the Company cooperated fully with the SEC, on January 17, 2025, a settlement was reached with the SEC to resolve the inquiry. As part of the settlement, the Company entered into a formal SEC Order for which it neither admitted nor denied the factual and legal conclusions asserted; however, it agreed to pay a civil monetary penalty of $375,000 to conclude the inquiry. This penalty was expensed during the year ended December 31, 2024 and paid in January 2025. The Company considers this matter to be closed.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

***Exposure to potential claims arising from third-party financial protection plan***

Historically, through our wholly-owned subsidiaries Apex Tek, LLC and SAFETek, LLC, we sold high-powered data processing equipment, known as the Apex package, to our customers which was then leased back to us for use in our crypto mining operations. We discontinued sales of the Apex package in June 2020, principally when COVID-19 created certain supply chain-related limitations on that business. Confronted with these limitations in the business, we offered the holders of our Apex leases the opportunity to cancel their leases, in exchange for which, we repurchased substantially all of the data processing equipment (subject to these leases) for approximately $19 million of promissory notes due on or about December 31, 2024 (which amount reflects the principal amount invested by all of such lease holders, plus a 25% premium). During the fourth quarter ended December 31, 2023, we further offered all note holders an early payoff option. By December 31, 2024, we had repaid or settled approximately $19 million of promissory notes.

Included in the Apex sale and leaseback program that was discontinued in 2021, was a "guaranteed assets buy-back product" underwritten, administered, managed and purportedly reinsured by a third-party provider, Total Protection Plus ("TPP"), which was intended to provide customers who participated in the Apex sale and leaseback program with a financial protection program (the "TPP Program"), under which customers, provided they complied with certain TPP required claims procedures, could elect to collect a cash payout in either a five-or-ten year interval after their initial purchase. As part of their sales and marketing materials, TPP represented that they were a purported affiliate of a well-known global insurance brokerage firm, and that through existing resources and reinsurance arrangements that were in place, they and their reinsurer had sufficient capital resources, reserves and liquidity to support any payouts needed to satisfy their obligations under the TPP Program. TPP was paid substantial premiums for the program. In most instances, the premium for the TPP program was included in the package price for the Apex program, at no additional cost to the customer.

Separately, other customers of ours who purchased ndau from the Company through an Oneiro sponsored ndau distribution program, were also given the opportunity to participate in a TPP Program similar to the program offered to our Apex customers; which in this case, was intended to provide customers who purchased ndau with a financial protection program under which such customers, provided they complied with certain TPP required claims procedures, could elect to collect a cash payout in either a five- or ten-year interval after their initial purchase. Participation in this program was also in reliance on sales and marketing materials by which TPP represented that they were a purported affiliate of a well-known global insurance brokerage firm, and that through existing resources and reinsurance arrangements that were in place, they and their reinsurer had sufficient capital resources, reserves and liquidity to support any pay-outs needed to satisfy their obligations under the TPP Program. Prior to terminating the distribution of ndau during August 2023, we distributed over $16.6 million in ndau to our customers in our belief that such purchases were supported by the TPP Program. As had been done with respect to the Apex customers, TPP was paid substantial premiums for the program, with those premiums included in the purchase price for the ndau program, at no additional cost to the customer.

During the fourth calendar quarter of 2021, we suspended any further offering of the TPP Program in connection with the sale of ndau after TPP was unable to comply with our vendor compliance protocols, having cited certain offshore confidentiality entitlements by which it was unwilling to provide evidence of its financial support arrangements. That suspension has remained in place as we have been unable to further validate the continued integrity of the TPP Program and the vendor's ability to honor its commitments to our customers; despite the payment of over $6 million to TPP to secure the benefits of the TPP Program. Our level of concern over the viability of the TPP Program increased materially when in 2025 we came to learn that: (i) certain of our customers had been unable to reach TPP in order to process claims for their 5-year promised returns; (ii) the TPP website had been inoperative and customers had been unable to process their claims; and (iii) an email communication purportedly from TPP, or an affiliate thereof, had been received by certain customers in which the sender asserts that the obligations of TPP under the TPP Program were (unbeknownst to us and our customers) purportedly dependent on the financial wherewithal of another heretofore undisclosed TPP affiliate, that the email claims now had no ability to satisfy the commitments originally made by TPP. Our concern over the viability of the TPP program has recently been further validated as we have received information in connection with our litigation efforts (as discussed below) that suggests that the TPP Program was dependent upon reinsurance commitments, which were, in turn, dependent upon the reinsurer's receipt of certain annual installment payments from TPP, who purportedly failed to make these installment payments. Even though our investigation of the matter has not concluded, these preliminary findings appear to support our concerns over the viability of the TPP Program.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

To respond to these concerns, and in part, in an effort to advance the interests of our customers, on March 28, 2025, we commenced an action in equity against Total Protection Plus, UIU Holdings LLC, Jason R. Anderson, Jacob S. Anderson, and Schad E. Brannon (collectively, "TPP"), in the Court of Chancery of the State of Delaware captioned Investview et al., v. UIU Holdings, LLC et al., seeking to, among other things, compel TPP to fulfill the commitments that were made to the Company's customers under the TPP Program. In response, the Defendants filed various motions to dismiss, making both procedural and substantive challenges to the allegations made in the Complaint. The Company opposed those motions, and after a hearing before the Chancery Court, in a letter opinion dated November 21, 2025, the Chancery Court (which is a court of equity) ruled that it lacked subject matter jurisdiction over the Company's claims because, among others: (i) it is a court of equity and the claims asserted by the Company were not purely equitable in nature; and (ii) a suit for money damages would provide the Company an adequate remedy at law. The Court dismissed the Complaint on these procedural grounds with leave to transfer the case to Delaware Superior Court, which does not have the same limited jurisdiction that exists in Chancery Court. At no point did the Chancery Court address or rule on the substance of our claims against TPP.

In response to the dismissal of the case, in January 2026, we renewed our case against TPP by transferring the case to Delaware Superior Court, and then filing an Amended Complaint in Superior Court, including additional factual allegations to support our claims. In the Amended Complaint, the Company removed Schad Brannon as one of the Defendants, and is now pursuing relief against UIU Holdings LLC d/b/a Total Protection Plus, Jason R. Anderson, and Jacob S. Anderson. The Defendants responded to the Amended Complaint in February 2026 by filing motions to dismiss along similar grounds as to what they argued in Chancery Court, including arguments that the Court lacks personal jurisdiction over Jacob Anderson, the Company lacks standing to pursue its claims, and the claims otherwise fail as a matter of law. The Company is due to respond to the motion to dismiss on or before April 16, 2026. To date, the court process has not yet addressed the substance of our claim. Due to the uncertainties and procedural delays associated with matters of litigation, and in recognition of the early-stage of the proceedings, we cannot assure that the outcome of the legal proceedings will be consistent with our objectives.

Despite our efforts in court, we cannot ensure that TPP will comply with its contractual commitments to our customers, in which case these customers may not be able to realize the cash payouts promised by TPP; despite the substantial payments made to TPP to secure the promised benefits of the TPP Program. As the direct responsibility for compliance with the TPP Program resides with TPP; particularly as the program was underwritten, managed, administered, and purportedly reinsured by TPP as an independent third-party vendor (and with respect to ndau, the underlying ndau was developed and marketed by an additional third-party vendor), and in recognition of the customers' acceptance of their participation in the program, we do not believe that we have any legal responsibility to cover any potential claims of customers who participated in the TPP Program. There is, however, a risk that any failure of TPP to perform its obligations to our customers could expose us to commercial claims of dissatisfied customers, regardless of the legal foundation associated therewith. The possible assertion of those claims, regardless of the underlying substance of the claims, could have an adverse effect on our business, financial condition, and operating results.

***Exposure to a substantial fine and a cease-and-desist order issued by the Polish Office of Competition and Consumer Protection ("UOKiK") finding that the Company's direct selling unit violated Polish laws that prohibit pyramid-style promotional schemes.***

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

In December 2025, UOKiK issued a formal administrative decision concluding its investigation of the Company's direct selling operations in Poland. In its decision, UOKiK determined that certain aspects of our direct selling business model, as conducted in Poland, violate Polish laws relating to unfair commercial practices, including laws prohibiting pyramid-style promotional schemes. The decision imposes an administrative fine of PLN 14,668,589 (approximately USD $4 million) and includes an order requiring the Company to cease and desist the practices described in the decision. Under the terms of the decision, enforcement of the fine and cease and desist components thereof, is not final and is subject to the conclusion of any appeal to the competent Polish court.

The Company does not agree with the conclusions set forth in the decision based upon its interpretation of Polish law as applied to the manner in which it sells its products and services in Poland and intends to avail itself of all procedural rights of appeal and legal remedies available under applicable law. In February 2026, the Company timely filed an appeal of UOKiK's administrative decision with Poland's Court of Competition and Consumer Protection. That appeal is pending. During the appeal process, the Company expects to continue operations in Poland in the normal course, while evaluating such operational adjustments as may be appropriate to further demonstrate that its operations in Poland do not constitute an unlawful pyramid scheme. While we intend to vigorously defend ourselves against the UOKiK decision, if we are ultimately unsuccessful in our defense of the matter on appeal, we could, among other things, be subject to the administrative fine imposed and may be required to modify, suspend or discontinue certain aspects of our direct selling operations or a material portion of our operations in Poland, which such outcome could have an adverse effect on the Company's business, financial condition, results of operations, or prospects. Nevertheless, a loss contingency in the amount of approximately $3.90 million was accrued as of March 31, 2026. This loss is presented within "Accrued liabilities, long term" in our consolidated balance sheet. Although we are not aware of any other claims, there is a possible risk that we could become exposed to similar inquiries or proceedings from other regulators in the European Union or the United States. If this were to occur, we could be exposed to further fines or decisions that could have a similar adverse impact on our operations in Europe or the United States. This could have a material adverse impact on the Company's business, financial condition, results of operations, or prospects given that the majority of the revenues derived from our Conectiv business unit are derived from customers in the European Union.

***Outstanding commitments associated with termination of former Chief Executive Officer***

Joseph Cammarata served as an officer and director of the Company from December 2019 through his termination for cause on or about December 7, 2021. Mr. Cammarata was terminated following the announcement of civil and criminal charges filed against him in connection with his involvement with a class action claims aggregator unrelated to the Company. The Company was unaware of these outside business interests. Based on public reporting of the matter, the Company believes that Mr. Cammarata was convicted of certain of these criminal charges and is presently incarcerated.

Prior to his termination, the Company issued a promissory note to Mr. Cammarata, which, following certain modifications, on or about March 30, 2021, was restated in the principal amount of $1,550,000 (the "Cammarata Note"). Although not originally convertible, as per the March 30, 2021, amendment, the Cammarata Note became convertible at $0.02 per share, Thereafter, effective September 21, 2021, and following another modification, the conversion price under the Cammarata Note was reduced to $0.008 per share. During February 2022, we provided 30 days' notice of our intent to retire and repay the Cammarata Note in cash. Having not timely received a properly executed conversion notice within the proscribed period and citing certain breaches of Mr. Cammarata's fiduciary duty to us, as well as damages incurred by us arising from Mr. Cammarata's then ongoing legal proceedings, on or about March 31, 2022, we tendered to Mr. Cammarata cash payment in full for the Cammarata Note. As of the date of this Report, Mr. Cammarata has not accepted our tender of the cash payment, and through his then counsel, has asserted his entitlement to exercise his right to convert the Cammarata Note into our common shares. Although we believe that our cash tender was appropriate under the terms of the Cammarata Note and our claims for damages by Mr. Cammarata have merit, if Mr. Cammarata elects to challenge our cash tender in a court proceeding, and if we are unable to sustain our legal position on the matter, Mr. Cammarata could receive up to approximately 203 million shares of our common stock upon conversion of the Cammarata Note. As a result of his recent incarceration, the Company has been unable to further adjudicate these issues with Mr. Cammarata.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

Further, on March 22, 2021, we entered into Securities Purchase Agreements to purchase 100% of the operating assets of SSA Technologies LLC, an entity that owns and operates a FINRA-registered broker-dealer. SSA is controlled and partially owned by Joseph Cammarata, our former Chief Executive Officer. Commencing upon execution of the agreements and through the closing of the transactions, we agreed to provide certain transition service arrangements to SSA. In connection with the transactions, we entered into a Working Capital Promissory Note with SSA under which SSA was to have advanced to us up to $1,500,000 before the end of 2021; however, SSA has only provided advances of $1,200,000 to date. The note bears interest at the rate of 0.11% per annum therefore we recognized $330 worth of interest expense on the loan during the three months ended March 31, 2026. The note was due and payable by January 31, 2022; however, it has not yet been repaid as we consider our legal options in light of SSA's failure to complete its funding obligations. The note was to have been secured by the pledge of 12,000,000 shares of our common stock; however, it remains unsecured as the pledge of shares was not implemented at the closing of the loan. As a result of his recent incarceration, the Company has been unable to further adjudicate these issues with Mr. Cammarata.

**NOTE 11 – SEGMENT REPORTING** 

The Company has three reportable segments, Direct-to-Consumer Marketing Platform, Blockchain Technology and Crypto Mining Products and Services, and Manufacturing and Development of Health, Beauty, and Wellness Products. The reportable segments are identified based on the types of products and services that generate revenue.

The Company is also developing a start-up business unit that is intended to operate within the Brokerage and Financial Technologies Services sector once and to the extent it can commence operations.

The segment performance that the CODM uses to measure performance is net income (loss) from operations. The Company does not allocate assets to the reporting segments as its assets are primarily managed on an entity-wide basis and therefore does not disclose the total assets of its reportable operating segments.

For the three months ended March 31, 2026, and 2025, there were no intersegment revenues or costs of revenues that needed to be eliminated in the Consolidated Statements of Operations.

The Direct-to-Consumer Marketing Platform segment generates revenue through membership fees and the sale of products. The Blockchain Technology and Crypto Mining segment generates revenue primarily through its Bitcoin mining operation. The Manufacturing and Development of Health, Beauty, and Wellness Products generates revenue primarily through the sale of health, beauty, and wellness products manufactured and sold to wholesale and retail customers.

The following table illustrates segment revenue and segment net income from operations, including significant expense items reviewed by the CODM for the three months ended March 31, 2026.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Direct-to-Consumer Marketing Platform | Blockchain Technology and Crypto Mining Products and Services | Manufacturing and Development of Health, Beauty, and Wellness Products | Total |
| Revenue | $3066049 | $554122 | $276075 | $3896246 |
| Less: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Commissions | 1672813 |  | 1162 | 1673975 |
| &nbsp;&nbsp;&nbsp;Market experts | 130700 |  |  | 130700 |
| &nbsp;&nbsp;&nbsp;Credit card processing | 669653 |  |  | 669653 |
| &nbsp;&nbsp;&nbsp;Salary and related | 437756 | 48289 | 407911 | 893956 |
| &nbsp;&nbsp;&nbsp;Selling and marketing | 16710 | 51 | 295 | 17056 |
| &nbsp;&nbsp;&nbsp;Energy and hosting |  | 932887 |  | 932887 |
| &nbsp;&nbsp;&nbsp;Depreciation | 300 | 285 |  | 585 |
| &nbsp;&nbsp;&nbsp;Cost of sales | 60342 |  | 233117 | 293459 |
| &nbsp;&nbsp;&nbsp;General and administrative [1] | 4746 | 122346 | 208281 | 335373 |
| Segment net income (loss) from operations | $73029 | $(549736) | $(574691) | $(1051398) |

---

[1] General and administrative costs consist mainly of professional fees, contracting services, insurance, information technology and software, and other payment processing fees.

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

The following table illustrates segment revenue and segment net income from operations, including significant expense items reviewed by the CODM for the three months ended March 31, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Financial Education and Technology | Blockchain Technology and Crypto Mining Products and Services | Manufacturing and Development of Health, Beauty and Wellness Products | Total |
| Revenue | $8791443 | $862944 | $375665 | $10030052 |
| Less: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Commissions | 5076503 |  |  | 5076503 |
| &nbsp;&nbsp;&nbsp;Market experts | 174520 |  |  | 174520 |
| &nbsp;&nbsp;&nbsp;Credit card processing | 407025 |  |  | 407025 |
| &nbsp;&nbsp;&nbsp;Salary and related | 410290 | 134103 | 298092 | 842485 |
| &nbsp;&nbsp;&nbsp;Selling and marketing | 87819 |  | 7093 | 94912 |
| &nbsp;&nbsp;&nbsp;Energy and hosting |  | 1037599 |  | 1037599 |
| &nbsp;&nbsp;&nbsp;Depreciation | 450 | 189422 |  | 189872 |
| &nbsp;&nbsp;&nbsp;Cost of sales |  |  | 331998 | 331998 |
| &nbsp;&nbsp;&nbsp;General and administrative [1] | 489357 | 129945 | 268911 | 888213 |
| Segment net income (loss) from operations | $2145479 | $(628125) | $(530429) | $986925 |

---

[1] General and administrative costs consist mainly of professional fees, insurance, information technology and software and other payment processing fees.

The following table illustrates the reconciliation of segment operating income to net income before taxes for the three months ended March 31, 2026 and 2025.

SCHEDULE OF RECONCILIATION OF SEGMENT OPERATING INCOME TO NET INCOME BEFORE TAXES

---

| | | |
|:---|:---|:---|
|  | March 31, <br> 2026 | March 31, <br> 2025 |
| Segment income (loss) from operations | $(1051398) | $986925 |
| Reconciling items |  |  |
| Other profit (loss) [1] | (2944786) | (1816441) |
| Bank interest | 48013 | 44283 |
| Event ticket sales |  | 38553 |
| Leasing income | 63244 | 63244 |
| All other, net | (2108) | 5583 |
| Net income (loss) before taxes | $(3887035) | $(677853) |

---

---

| | |
|:---|:---|
| [1] | Other profit (loss) is attributable to corporate and nonoperating segment expenses and is therefore not included in the total for segment gross profit (loss). |

---

**INVESTVIEW, INC.**

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS OF MARCH 31, 2026**

**(Unaudited)**

**NOTE 12 –** **EQUITY INVESTMENT**

Our Equity investment does not have a readily determinable fair value and consists of non-marketable equity securities, which are investments in a special purpose vehicle organized by Dream Ventures LLC, which participated in an exempt private placement in an early-stage enterprise developing next-generation nuclear power and infrastructure technologies. The Company's investment consisted of the acquisition of restricted units of the SPV, which, in turn, used the proceeds to invest in private investment securities of the early-stage nuclear enterprise. The Company is not in the business of making investments in private securities, however, this investment was viewed by the Board of Directors as a strategic investment intended to access a possible growth opportunity that takes advantage of renewed momentum around modular, rapidly deployable energy systems, supported by recent federal initiatives and Department of Energy programs promoting advanced-reactor innovation. We do not possess a controlling financial interest or exercise significant influence over the SPV, and any proposed transfers of units require prior written consent of the SPV.

The Company had no impairments or subsequent observable price changes for their investment in the SPV for the three months ended March 31, 2026. As of March 31, 2026 and December 31, 2025, our investment in the SPV was 3,250,000 and 1,250,000, respectively.

**NOTE 13 – INCOME TAXES**

For the periods ended March 31, 2026, and March 31, 2025, the Company used a discrete effective tax rate method for recording income taxes, as compared to an estimated full-year annual effective tax rate method, as an estimate of the annual effective tax rate cannot be made.

Provision for Income taxes for the three months ended March 31, 2026 was $2,033 resulting in an effective tax rate of (0.1)%. Provision for Income taxes for the three months ended March 31, 2025 was $10,000, resulting in an effective tax rate of (1.5)%. The provision for income taxes was primarily impacted by pretax book income, permanent differences, and by the change in valuation allowance on deferred tax assets.

**NOTE 14 – SUBSEQUENT EVENTS**

In accordance with ASC Topic 855, Subsequent Events, we have evaluated subsequent events through the date of this filing and have determined that the following events require disclosure.

On or about May 8, 2026, Josh Zwagil and the AkashX business network joined the Conectiv platform and community.

During the period subsequent to quarter end, according to the stock repurchase program (see NOTE 10), the Company bought back 501,279 shares of its own common stock for $12,486. These shares are being held by the Company in Treasury.

**ITEM 2 – MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS**

**Forward-Looking Statements**

All statements in this Report that are not based on historical fact are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies, and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "should," "could," "seek," "intend," "plan," "goal," "estimate," "anticipate" or other comparable terms. These forward-looking statements are based on management's current beliefs and assumptions and information currently available to management and involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance, or achievements expressed or implied by these forward-looking statements. Our forward-looking statements expect that we will be able to expand the scope and scale of our Conectiv network, despite the reductions in revenue experienced by this business segment during 2025, and followed by the more significant contraction in the business that occurred during Q1 of 2026. These expectations assume that our recent onboarding of certain other direct selling networks will result in material additional sales growth, even though no such sales growth can be assured as these other direct selling networks that we onboarded consist solely of independent distributors who are not contractually or otherwise required to sell any Conectiv products or services. Our forward-looking statements also assume that we may be able to monetize certain of our private investment units at a profit, even though we have neither secured the formal written consent of our SPV sponsor to that effect; neither have we secured any formal commitment for the purchase of those units. Growth is also expected from our Manufacturing and Development of Health, Beauty and Wellness Products Segment, as we continue to seek out and onboard additional products for sale, even though we have over time experienced reduction in sales of that business unit and have no customer or other sales commitments upon which to base that expectation. Our forward-looking statements also expect that we will ultimately be able to develop retail brokerage operations at Opencash, although it is currently in the pre-revenue and early stage of its operations. We plan to do this by, among others, investing the funds we believe are necessary to develop the infrastructure necessary to achieve retail operations. This includes, among others, the onboarding of customer support personnel and software developers, the development and implementation of a marketing strategy, the securing of necessary securities clearing arrangements, and the continued development of the online Opencash trading platform and completing its integration with the proprietary algorithmic trading platform we acquired in September 2021. Despite our best efforts, there can be no assurance that we will be able to achieve these objectives on a timely basis, if at all, as the development of an early-stage securities brokerage business involves inherent regulatory and operational risks and uncertainties, including the uncertain ability of us to integrate the Opencash investment platform application with the proprietary algorithmic trading platform we acquired in September 2021, particularly as the platform we acquired in 2021 has not been placed in commercial service since 2021; thus, any such integration could be subject to IT-related and commercial risks. Furthermore, all of our forward-looking statements presume that we will be able to continue to operate as a going concern in the long-term. As noted in our Quarterly Report on Form 10-Q for the period ended March 31, 2026, should we be unable to monetize all or a portion of our private investments at the amounts we believe are reflective of market value, and should our strategic initiatives fail to mitigate our losses from operations or otherwise achieve their targeted objectives, then in the absence of our ability to access additional debt or equity capital, our ability to sustain our operations in the long-term as a going concern may be subject to doubt. More information on potential factors that could affect our financial results is included from time to time in our public reports filed with the U.S. Securities and Exchange Commission, including the Company's most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. The forward-looking statements made in this release speak only as of the date of this release, and we assume no obligation to update any such forward-looking statements to reflect actual results or changes in expectations, except as otherwise required by law.

**Business Overview**

We operate a diversified series of business units across key sectors, including a direct-to-consumer ("DTC") marketing platform designed to promote, sell, and distribute its products and services through a global network of independent distributors directly to end users without reliance on traditional retail intermediaries; a manufacturing, marketing, and sales division focused on proprietary over-the-counter aesthetics, health, nutrition and cognitive wellness products for distribution across wholesale and retail markets through our DTC marketing platform and otherwise; an early-stage online trading platform that intends to offer self-directed retail brokerage services; and a business unit that owns and operates a sustainable blockchain business focused on bitcoin mining.

**Results of Operations**

***Three Months Ended March 31, 2026 Compared to Three Months Ended March 31, 2025***

Revenues

---

| | | | |
|:---|:---|:---|:---|
|  | Three Months Ended March 31, | Three Months Ended March 31, | |
|  | 2026 | 2025 | Increase<br>(Decrease) |
|  | (unaudited) | (unaudited) | |
| Membership revenue, net of refunds, incentives, credits, and chargebacks | $2743019 | $8791443 | $(6048424) |
| Mining revenue | 554122 | 862944 | (308822) |
| Health and wellness product sales | 268772 | 368321 | (99549) |
| Coffee sales | 320460 |  | 320460 |
| Other revenue | 9873 | 7344 | 2529 |
| &nbsp;&nbsp;&nbsp;Total revenue, net | $3896246 | $10030052 | $(6133806) |

---

During the three months ended March 31, 2026, our financial results were adversely affected as we experienced significant headwinds across virtually all of our operating segments. Most significantly, our DTC marketing platform experienced a year-over-year 65% reduction in quarterly revenue, from $8.8 million to $3.1 million, which we believe is directly attributable to a contraction of our European marketing network in response to the December 2025 formal administrative decision issued by UOKiK, Poland's Office of Competition and Consumer Protection. Our Q1 2026 results were further impacted by a year-over-year 36% decrease in mining revenue, from $0.9 million $0.6 million, reflecting industry-wide pressure on bitcoin pricing, as accompanied by higher costs of energy production. The results were additionally impacted by a year-over-year decrease in Health and Wellness product sales of 26%, from $0.4 million to $0.3 million. Collectively, the decline in business segment revenue contributed to a consolidated net loss from operations of $2.8 million for the quarter, compared to net loss from operations of $0.4 million for the three months ended March 31, 2025.

In response to these trends, during Q4 2025, we announced a strategic transition of our direct-to-consumer business unit toward a more diversified operating platform which is expected to integrate our health and wellness and consumer products offerings, with our existing financial education products and services offerings. Concurrent with this transition, we continue to seek growth opportunities. Towards that end, during the fourth quarter of 2025 and subsequent to the close of the first quarter of 2026, we commenced the expansion of our direct-selling networks through the onboarding of two additional selling networks. We expect these onboarding events to offer the potential to expand our global distributor network, diversify our revenue base, and supplement the network capacity and revenue streams adversely impacted in recent quarters.

In addition, in response to the UOKiK decision, we continue to take active steps to address the findings, including appealing the decision and continuing our operations in Poland, as we remains committed to operating in Poland in full compliance with applicable laws. Based on our analysis of the applicable legal standards and our review of sales activity within Poland, in which the predominant portion of revenue is derived from membership sales driven by our members, we believe that the Conectiv direct selling business operating within Poland complies with all applicable legal standards, and we will continue to challenge the conclusions reached by UOKiK to the extent permitted within the Polish legal system.

Operating Costs and Expenses

---

| | | | |
|:---|:---|:---|:---|
|  | Three Months Ended March 31, | Three Months Ended March 31, | |
|  | 2026 | 2025 | Increase<br>(Decrease) |
|  | (unaudited) | (unaudited) | |
| Cost of sales and service | $1357047 | $1544116 | $(187069) |
| Commissions | 1673975 | 5076503 | (3402528) |
| Advertising, selling, and marketing | 17247 | 95103 | (77856) |
| Salary and related | 1788654 | 1701092 | 87562 |
| Professional fees | 748828 | 610150 | 138678 |
| General and administrative | 1096460 | 1416168 | (319708) |
| &nbsp;&nbsp;&nbsp;Total operating costs and expenses | $6682211 | $10443132 | $(3760921) |

---

Operating costs decreased $3,760,921 or (36%), from $10,443,132 for the three months ended March 31, 2025, to $6,682,211 for the three months ended March 31, 2026. The decrease can be explained by a reduction in commissions of $3.4 million, which was a result of a decrease in our membership revenue, a reduction in general and administrative expenses of $320 thousand, which was a result of decreases in credit card processing fees due to the decreases in our membership revenue, decreases in costs related to our mining operations, a reduction in advertising, selling, and marketing expenses of $78 thousand, which was due to a decrease in costs associated with promotional events iGenius held during the three months ended March 31, 2026 and 2025, and a decrease of $187 thousand in cost of sales and service due to decrease in membership revenue, mining revenue, and health and wellness product sales. These decreases were partly offset by an increase in salary and related and professional fees.

Other Income and Expenses

---

| | | | |
|:---|:---|:---|:---|
|  | Three Months Ended March 31, | Three Months Ended March 31, | |
|  | 2026 | 2025 |<br>Change |
|  | (unaudited) | (unaudited) | |
| Gain (loss) on fair value of derivative liability |  | (2095) | 2095 |
| Realized gain (loss) on digital assets | (24990) | (13252) | (11738) |
| Unrealized gain (loss) on digital assets | (1051380) | (220184) | (831196) |
| Interest expense | (4623) | (4623) |  |
| Interest expense, related parties | (308744) | (308744) |  |
| Other income (expense) | 288667 | 284125 | 4542 |
| &nbsp;&nbsp;&nbsp;Total other income (expense) | $(1101070) | $(264773) | $(836297) |

---

We recorded other expense of $1,101,070 for the three months ended March 31, 2026, which was an increase of $836,297, or 316%, from the prior year's other expense of $264,773. The change is due to an increase in the unrealized loss on digital assets in the current period of $1.1 million compared to a loss of $220 thousand in the prior year and a realized loss on digital assets in the current period of $25 thousand compared to a realized loss in the prior year of $13 thousand.

**Liquidity and Capital Resources**

During the three months ended March 31, 2026, we recorded a net loss from operations of $2,785,965 and net loss of $3,889,068. During that period, we were able to meet our short-and long-term working capital and capital expenditure requirements.

The Company's capital is generally used to support operations and capital expenditures. However, the Company also, from time-to-time, will review potential investments that it believes present unique situations to participate in growth opportunities. Two such opportunities presented themselves when the Company, during October 2025 and March 2026, invested an aggregate of $3.25 million in an SPV organized by Dream Ventures LLC, which participated in exempt private placements in an early-stage enterprise developing next-generation nuclear power and infrastructure technologies. The Company's investment consisted of the acquisition of restricted units of the SPV valued at the time of the investments at $3.25 million, as a limited rights participant in two investment rounds in an aggregate amount of $95 million. The SPV, in turn, used the proceeds of those investment rounds to invest in private investment securities of the early-stage nuclear enterprise. We do not possess a controlling financial interest or exercise significant influence over the SPV, and any proposed transfer of our restricted units requires prior written consent of the SPV.

The Company is not in the business of making investments in private securities, however, these investments were viewed by the Board of Directors as a strategic investment intended to access a possible growth opportunity that takes advantage of renewed momentum around modular, rapidly deployable energy systems, supported by recent federal initiatives and Department of Energy programs promoting advanced-reactor innovation.

At March 31, 2026, we had available liquidity including working capital of $1,631,521 (including $4.5 million in cash and cash equivalents), and a digital asset balance at a fair value of $4,990,029. In the judgement of management, this level of liquidity, is sufficient to sustain our operations, for the short-term. We cannot, however, determine whether the trends we experienced during the first quarter of 2026 are temporary or will continue for the foreseeable future. Neither can we assure that, despite our best efforts, whether the steps we are taking to mitigate our recent trend towards decreasing results of operations, will be successful and whether we will achieve our strategic objectives. While we do not believe that our operating losses will continue at this level for the long term, should that occur, we still believe that we will be able to sustain our operations for at least the next twelve months based upon our belief that during that period we will be able to monetize our private investments, and at amounts that are significantly appreciated above our purchase price.

Even absent the sale of our private investments at a profit, we believe that we can mitigate, to the best extent possible, our recent operating losses and eroding revenue base, through the adoption of strategic initiatives that are designed to contain costs and address certain of the eroding economics that we have been experiencing in operations. Primarily, we have recently started to expand our direct selling network through the onboarding of two additional selling networks. We believe these networks can offer the potential to expand our global distributor network, diversify our revenue base, and supplement the network capacity and revenue streams adversely impacted in recent quarters. Next, we are continuing our efforts to transition our direct-to-consumer business unit toward a more diversified operating platform which is expected to integrate our health and wellness and consumer products offerings. We have also implemented broad-based cost-cutting initiatives, including a plan to wind-down our bitcoin mining operations starting July 2026, should the economics of that business unit not recover to an acceptable level. Furthermore, we have filed an appeal in the matter involving UOKiK as we remain committed to operating in Poland in full compliance with applicable laws.

Should we be unable to monetize all or a portion of our private investments at the amounts we believe are reflective of market value, and should our strategic initiatives fail to mitigate our losses from operations or otherwise achieve their targeted objectives, then in the absence of our ability to access additional debt or equity capital, our ability to sustain our operations in the long-term as a going concern may be subject to doubt.

**Critical Accounting Policies**

Basis of Accounting

Our policy is to prepare our financial statements on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America.

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the rules and regulations (Regulation S-X) of the Securities and Exchange Commission (the "SEC") and with the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. The results of operations for the three months ended March 31, 2026, are not necessarily indicative of the operating results that may be expected for our year ending December 31, 2026, as will be included in the filing of our Annual Report on Form 10-K for the year ending December 31, 2026. These unaudited condensed consolidated financial statements should be read in conjunction with the December 31, 2025 consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2025.

Use of Estimates

The preparation of these financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Digital Assets

Digital assets are included in non-current assets on the Consolidated Balance Sheets due to the Company's intent to retain and hold bitcoin. Proceeds from the sale of digital assets and the purchase of digital assets are included within investing activities in the accompanying Consolidated Statement of Cash Flows. Digital Assets awarded to the Company through its mining activities and collected for membership revenue are accounted for in connection with the Company's revenue recognition policy. Following the adoption of Accounting Standards Update ("ASU") 2023-08 effective January 1, 2025, the Company measures digital assets at fair value with changes recognized in other income (expense) in the Consolidated Statement of Operations. The Company tracks its cost basis of digital assets by-wallet in accordance with the first-in-first-out ("FIFO") method of accounting. Refer to "NOTE 5 – DIGITAL ASSETS", in our financial statements for further information regarding the Company's impact of the adoption of ASU 2023-08.

Equity investments without readily determinable fair values

Equity investments without readily determinable fair values are accounted for under the measurement alternative. Under the measurement alternative, the carrying value is measured at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or similar investment of the same issuer. Changes in value and impairments of equity investments without readily determinable fair values are recognized in "Gain (loss) on equity investments" in our condensed consolidated statement of income. Equity investments without readily determinable fair values are presented as "Equity investment" in our consolidated balance sheet.

Intangible Assets

We account for our intangible assets in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Subtopic 350-30, General Intangibles Other Than Goodwill, and ASC Subtopic 360-10-05, Accounting for the Impairment or Disposal of Long-Lived Assets ("ASC 350-30"). ASC 350-30 requires assets to be measured based on the fair value of the consideration given or the fair value of the assets (or net assets) acquired, whichever is more clearly evident and, thus, more reliably measurable. Under ASC 350-30 any intangible asset with a useful life is required to be amortized over that life and the useful life is to be evaluated every reporting period to determine whether events or circumstances warrant a revision to the remaining period of amortization. If the estimate of useful life is changed the remaining carrying amount of the intangible asset is amortized prospectively over the revised remaining useful life. Costs of internally developing, maintaining, or restoring intangible assets are recognized as an expense when incurred.

Impairment of Long-Lived Assets

We have adopted ASC Subtopic 360-10, Property, Plant and Equipment ("ASC 360-10"). ASC 360-10 requires that long-lived assets and certain identifiable intangibles held and used by us be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable or when the historical cost carrying value of an asset may no longer be appropriate. Events relating to recoverability may include significant unfavorable changes in business conditions, recurring losses, or a forecasted inability to achieve break-even operating results over an extended period.

We evaluate the recoverability of long-lived assets based upon future net cash flows expected to result from the asset, including eventual disposition. Should impairment in value be indicated, the carrying value of intangible assets will be adjusted and an impairment loss is recorded equal to the difference between the asset's carrying value and fair value or disposable value. During the three months ended March 30, 2026, and 2025, no impairment was recorded.

Revenue Recognition

Membership Revenue

Most of our revenue is generated by membership sales and payment is received at the time of purchase. In some cases, customers use earned commissions to pay or partially pay for a membership. We recognize membership revenue in accordance with ASC Subtopic 606-10, Revenue from Contracts with Customers ("ASC 606-10"), where revenue is measured based on a consideration specified in a contract with a customer and recognized when we satisfy the performance obligation specified in each contract. Our performance obligation is to provide our tools, products, and content over a fixed membership period; therefore, we recognize revenue ratably over the membership period and deferred revenue is recorded for the portion of the membership period subsequent to each reporting date. Additionally, we offer a designated trial period to first-time membership customers, during which a full refund can be requested if a customer does not wish to continue with the membership. Revenues are deferred during the trial period as collection is not probable until that time has passed. Revenues are presented net of refunds, sales incentives, credits, and known and estimated credit card chargebacks. As of March 31, 2026, and December 31, 2025, our deferred revenues for membership revenue were $588,754 and $821,903, respectively.

Mining Revenue

We generate revenue from mining Bitcoin. The Company has entered into a digital asset mining pool by executing a contract, as amended from time to time, with the mining pool operator to provide computing power to the mining pool. The contract is terminable at any time by either party without penalty. Further, since the contract is continuously renewing, second by second, the mining contract is considered to have a duration of less than 24 hours for accounting purposes. The Company's enforceable right to compensation only begins when the Company provides computing power to the mining pool operator. In exchange for providing computing power, we are entitled to a Full-Pay-Per-Share payout of Bitcoin based on a contractual formula, which calculates our share of block rewards, transaction fees, and mining pool operator fees. We are entitled to consideration even if a block is not successfully placed by the mining pool operator.

Providing computing power to solve complex cryptographic algorithms in support of the Bitcoin blockchain (in a process known as "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 non-cash, 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's 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 March 31, 2026, and December 31, 2025, deposits collected from customers for orders to be filled at a future date were $99,421 and $108,061, 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.

Coffee Sales

In January 2026, the Company started selling a proprietary brand of coffee. The Company's performance obligation is to deliver the coffee to customers. Therefore, revenue is recognized once delivery occurs. Customers remit payment at the time of order placement, therefore payment received by the Company prior to coffee delivery is recorded as deferred revenue. As of March 31, 2026, the Company had $5,006 of deferred revenue for its coffee sales. Shipping and handling costs that occur are paid by the customer and are recorded as revenue. The Company has a policy to provide a refund on any product returned by the customer.

Revenue generated for the three months ended March 31, 2026, was as follows:

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | Membership <br>revenue | Mining revenue | Health and wellness product sales | Coffee Sales | Other Revenue | Total |
| Gross billings/receipts | $2854017 | $554122 | $270392 | $350085 | $9873 | $4038489 |
| Refunds, incentives, credits, and chargebacks | (110998) | - | (1620) | (29625) | - | (142243) |
| Net revenue | $2743019 | $554122 | $268772 | $320460 | $9873 | $3896246 |

---

Foreign revenues for the three months ended March 31, 2026 were approximately $1.6 million while domestic revenue for the three months ended March 31, 2026 was approximately $2.3 million.

Revenue generated for the three months ended March 31, 2025, was as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Membership <br> revenue | Mining revenue | Health and wellness<br> product sales | Other Revenue | Total |
| Gross billings/receipts | $9439857 | $862944 | $368443 | $7344 | $10678588 |
| Refunds, incentives, credits, and chargebacks | (648414) | - | (122) | - | (648536) |
| Net revenue | $8791443 | $862944 | $368321 | $7344 | $10030052 |

---

Foreign revenues for the three months ended March 31, 2025 were approximately $7.6 million while domestic revenue for the three months ended March 31, 2025 was approximately $2.4 million.

**Recent Accounting Pronouncements**

In December 2023, the FASB issued ASU No. 2023-08, Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets ("ASU 2023-08"). The amendments in ASU 2023-08 are intended to improve the accounting for certain crypto assets by requiring an entity to measure those crypto assets at fair value each reporting period with changes in fair value recognized in net income. The amendments also improve the information provided to investors about an entity's crypto asset holdings by requiring disclosure about significant holdings, contractual sale restrictions, and changes during the reporting period. The amendments are effective for all entities for fiscal years beginning after December 15, 2024, including interim periods within those fiscal years. The Company adopted ASU 2023-08 for the year ended December 31, 2025, effective as of January 1, 2025, which had a material impact on the financial statements.

In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures ("ASU 2023-09"). ASU 2023-09 expands existing income tax disclosures for rate reconciliations by requiring disclosure of certain specific categories and additional reconciling items that meet quantitative thresholds and expands disclosures for income taxes paid by requiring disaggregation by certain jurisdictions. ASU 2023-09 is effective for annual periods beginning after December 15, 2024; early adoption is permitted. The Company adopted the ASU for the year ended December 31, 2025. The amendments only impact disclosures and are not expected to have an impact on the Company's financial condition and results of operations.

In December 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40) ("ASU 2024-03"). ASU 2024-03 requires, in the notes to the financial statements, disclosures of specified information about certain costs and expenses specified in the updated guidance. ASU 2024-03 is effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company did not elect early adoption and is evaluating the impact the updated guidance will have on its disclosures in 2027.

We have noted no other recently issued accounting pronouncements that we have not yet adopted that we believe are applicable or would have a material impact on our financial statements.

**ITEM 3 – QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and, as such, are not required to provide the information under this item.

**ITEM 4 – CONTROLS AND PROCEDURES**

**Evaluation of Disclosure Controls and Procedures**

Our management, with the participation of our Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of our disclosure controls and procedures (as defined in Rule 13a-15 under the Securities Exchange Act of 1934 (the "Exchange Act") as of the end of the period covered by this Quarterly Report on Form 10-Q. In designing and evaluating the disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives. In addition, the design of disclosure controls and procedures must reflect the fact that there are resource constraints, and that management is required to apply its judgment in evaluating the benefits of possible controls and procedures relative to their costs.

Our disclosure controls and procedures are designed to provide reasonable, not absolute, assurance that the objectives of our disclosure control system are met. Because of inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues, if any, within a company have been detected. Our Chief Executive Officer and Chief Financial Officer have concluded, based on their evaluation as of the end of the period covered by this report, that our disclosure controls and procedures were effective.

**Changes in Internal Controls**

There were no changes in our internal controls over financial reporting during the fiscal quarter ended March 31, 2026, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

**PART II – OTHER INFORMATION**

**ITEM 1 – LEGAL PROCEEDINGS**

There have been no material changes to this information since reported on in the Annual Report on Form 10-K for the year ended December 31, 2025.

**ITEM 1. A – RISK FACTORS**

Except as set forth below, there have been no material changes in the risk factors disclosed by us under Part I, Item 1A. Risk Factors contained in the Annual Report on Form 10-K for the year ended December 31, 2025.

***Recent Losses from Operations, if unabated, could arise a going concern risk.***

 ****

During the three months ended March 31, 2026, our financial results were adversely affected as we experienced significant headwinds across virtually all of our operating segments. Collectively, the decline in business segment revenue contributed to a consolidated net loss from operations of $2.8 million for the quarter, compared to net loss from operations of $0.4 million for the three months ended March 31, 2025.

While we do not believe that our operating losses will continue at this level for the longer term, should that occur, we still believe that our liquidity and capital resources will be able to sustain our operations for at least the next twelve months based upon our belief that during that period we will be able to, among others, monetize our private investments, and at amounts that are significantly appreciated above our purchase price, and/or, mitigate our eroding revenue base through the implementation of strategic initiatives designed to address these issues.

Should we be unable to monetize all or a portion of our private investments at the amounts we believe are reflective of market value, if at all, and should our strategic initiatives fail to mitigate our losses from operations or otherwise achieve their targeted objectives, then in the absence of our ability to access additional debt or equity capital, our ability to sustain our operations in the long-term as a going concern may be subject to doubt.

**ITEM 2 – UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**

None.

**ITEM 3 – DEFAULTS UPON SENIOR SECURITIES**

None.

**ITEM 4 – MINE SAFETY DISCLOSURES**

Not applicable.

**ITEM 5 – OTHER INFORMATION**

During the three months ended March 31, 2026, no director or "officer" as defined in Rule 16a-1(f) under the Exchange Act adopted or terminated any Rule 10b5-1 trading arrangements or any non-Rule 10b5-1 trading arrangements, in both cases as defined in Item 408 of Regulation S-K.

**ITEM 6 – EXHIBITS**

The following exhibits are filed as a part of this report:

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| | | |
|:---|:---|:---|
| Exhibit<br> Number\* | Title of Document | Location |
| Item 31 | Rule 13a-14(a)/15d-14(a) Certifications |  |
| 31.01 | [Certification of Principal Executive Officer Pursuant to Rule 13a-14](ex31-01.htm) | This filing. |
| 31.02 | [Certification of Principal Financial Officer Pursuant to Rule 13a-14](ex31-02.htm) | This filing. |
| Item 32 | Section 1350 Certifications |  |
| 32.01 | [Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002](ex32-01.htm) | This filing. |
| 32.02 | [Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002](ex32-02.htm) | This filing. |
| Item 101\*\*\* | Interactive Data File |  |
| 101.INS | Inline XBRL Instance Document | This filing. |
| 101.SCH | Inline XBRL Taxonomy Extension Schema | This filing. |
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase | This filing. |
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase | This filing. |
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase | This filing. |
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase | This filing. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | This filing. |

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\* All exhibits are numbered with the number preceding the decimal indicating the applicable SEC reference number in Item 601 and the number following the decimal indicating the sequence of the particular document. Omitted numbers in the sequence refer to documents previously filed as an exhibit.

\*\*\* Users of this data are advised that, pursuant to Rule 406T of Regulation S-T, these interactive data files are deemed not filed or part of a registration statement or Annual Report for purposes of Sections 11 or 12 of the Securities Act of 1933 or Section 18 of the Exchange Act of 1934 and otherwise are not subject to liability.

**SIGNATURE PAGE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | INVESTVIEW, INC. | INVESTVIEW, INC. |
| Dated: May 15, 2026 | By: | */s/ Victor M. Oviedo* |
|  |  | Victor M. Oviedo |
|  |  | Chief Executive Officer |
|  |  | (Principal Executive Officer) |
| Dated: May 15, 2026 | By: | */s/ Ralph R. Valvano* |
|  |  | Ralph R. Valvano |
|  |  | Chief Financial Officer |
|  |  | (Principal Financial Officer and Accounting Officer) |

---

## Exhibit 31.01

**Exhibit 31.01**

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

PURSUANT TO SECTION 302 OF THE

SARBANES-OXLEY ACT OF 2002

I, Victor M. Oviedo, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 of Investview, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures as of the end of the period covered by this report based on such evaluation; and

d) disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| |
|:---|
| Dated: May 15, 2026 |
| */s/ Victor M. Oviedo* |
| Victor M. Oviedo |
| Chief Executive Officer (Principal Executive Officer) |

---

## Exhibit 31.02

**Exhibit 31.02**

CERTIFICATION OF PRINCIPAL FINANCIAL AND ACCOUNTING OFFICER

PURSUANT TO SECTION 302 OF THE

SARBANES-OXLEY ACT OF 2002

I, Ralph R. Valvano, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 of Investview, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures as of the end of the period covered by this report based on such evaluation; and

d) disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| |
|:---|
| Dated: May 15, 2026 |
| */s/ Ralph R. Valvano* |
| Ralph R. Valvano |
| Chief Financial Officer (Principal Financial and Accounting Officer) |

---

## Exhibit 32.01

**Exhibit 32.01**

CERTIFICATION PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report on Form 10-Q of Investview, Inc. (the "Company") for the Quarter ended March 31, 2026, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Victor M. Oviedo, the Chief Executive Officer, of the Company, do hereby certify pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, to the best of my knowledge and belief that:

(1) the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated: May 15, 2026

---

| |
|:---|
| */s/ Victor M. Oviedo* |
| Victor M. Oviedo |
| Chief Executive Officer (Principal Executive Officer) |

---

## Exhibit 32.02

**Exhibit 32.02**

CERTIFICATION PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report on Form 10-Q of Investview, Inc. (the "Company") for the Quarter ended March 31, 2026, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Ralph R. Valvano, the Chief Financial Officer, of the Company, do hereby certify pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, to the best of my knowledge and belief that:

(1) the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated: May 15, 2026

---

| |
|:---|
| */s/ Ralph R. Valvano* |
| Ralph R. Valvano |
| Chief Financial Officer (Principal Financial and Accounting Officer) |

---