INVUP — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-14

• Operating costs decreased $4,228,728 or (48%), from $8,761,107 for the three months ended June 30, 2025, to $4,532,379 for the three months ended June 30, 2026. The decrease can be explained by a reduction in commissions of $2.9 million, which was a result of a decrease in our membership revenue, a …

• Six Months Ended June 30, 2026 Compared to Six Months Ended June 30, 2025

• During the six months ended June 30, 2026, our financial results were adversely affected as we continued to experience significant headwinds across virtually all of our operating segments. Most significantly, our DTC marketing platform experienced a year-over-year 71% reduction in revenue, from $16.…

• In response to these trends, during Q4 2025 and Q1 of 2026, 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 ed…

• 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 remain committed to operating in Poland in full compliance with applicable laws. Based on our analysis of the appl…

Text removed vs the prior filing · source: 10-Q · 2026-05-15

• 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,…

• 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.

• 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, fo…

• 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 economi…

• 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…

Text added vs the prior filing · source: 10-Q · 2026-08-14

• Current liabilities of discontinued operations 32,166 15,854

• Gain (loss) on fair value of derivative liability - 2,248 - 153

• Accounts payable and accrued liabilities (347,769) (300,675)

• Net cash provided by (used in) operating activities - discontinuing (1,461,609) (2,375,761)

• Net cash provided by (used in) investing activities - continuing (1,628,431) (103,022)

Text removed vs the prior filing · source: 10-Q · 2026-05-15

• Membership revenue, net of refunds, incentives, credits, and chargebacks $2,743,019 $8,791,443

• Diluted weighted average number of common shares outstanding 1,846,973,155 1,859,076,249

• Payments for shares repurchased from former related parties - (842,940)

• Digital assets collected for deferred coffee sales $5,256 $-

• Debt extinguished in exchange for digital assets $- $148,346