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STOCKHOLDERS’ EQUITY (DEFICIT)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
STOCKHOLDERS’ EQUITY (DEFICIT)

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.

 

As of June 30, 2026, and December 31, 2025, we had 252,192 shares of preferred stock issued and outstanding.

 

Preferred Stock Dividends

 

During the six months ended June 30, 2026, we declared $409,670 of cumulative cash dividends due to the holders of our Series B Preferred Stock. We made payments of $325,236 in cash and issued $82,920 worth of digital assets to reduce the amounts owing. As of June 30, 2026 and December 31, 2025, the dividend liability on our balance sheets was $241,290 and $239,776, respectively.

 

During the six months ended June 30, 2025, we declared $409,670 for cumulative cash dividends due to the shareholders of our Series B Preferred Stock. We made payments of $336,657 in cash and issued $81,486 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 six months ended June 30, 2026, 2,863,042 shares were repurchased for $70,044. During the six months ended June 30, 2025, 2,960,217 shares were repurchased for $44,642. These shares are temporarily being held by the Company in Treasury.

 

As of June 30, 2026 and December 31, 2025, we had 1,860,376,075 and 1,860,376,075 shares of common stock issued and 1,845,023,323 and 1,847,886,365 shares of common stock outstanding, respectively.

 

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 six months ended June 30, 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, in June 2026, the Company cancelled 49,625,000 unvested stock options upon forfeiture of such options by certain directors and executive officers of the Company’s management team. The Company also cancelled 5,200,000 unvested stock options upon the termination of employees of the Company.

 

 

Transactions involving our options are summarized as follows:

 

           Weighted 
           Average 
       Weighted   Grant-Date 
   Number of   Average   Per Share 
   Options   Exercise Price   Fair Value 
Options outstanding at December 31, 2025   350,616,665   $0.05   $0.03 
Granted   25,000,000   $0.05   $0.03 
Canceled/Expired   (54,825,000)  $0.05   $0.03 
Exercised   -   $-   $- 
Options outstanding at June 30, 2026   320,791,665   $0.05   $0.03 

 

Details of our options outstanding as of June 30, 2026, are as follows:

 

Options Exercisable   Weighted Average
Exercise Price of Options
Exercisable		   Weighted Average
Contractual Life of Options
Exercisable (Years)		   Weighted Average
Contractual Life of Options
Outstanding (Years)		 
 287,791,665    0.05    3.00    3.34 

 

Total stock compensation expense related to the options for the six months ended June 30, 2026, and 2025, was $246,553 and $773,872, respectively. As of June 30, 2026, there was approximately $653 thousand of unrecognized compensation cost related to the Options, which is expected to be recognized over a remaining weighted-average vesting period of approximately 2.4 years.

 

Warrants

 

Transactions involving our warrants are summarized as follows:

 

       Weighted 
   Number of   Average 
   Shares   Exercise Price 
Warrants outstanding at December 31, 2025   914,640   $0.10 
Granted   -   $- 
Canceled/Expired   (914,640)  $0.10 
Exercised   -   $- 
Warrants outstanding at June 30, 2026   -   $- 

 

Class B Units of Investview Financial Group Holdings, LLC

 

As of June 30, 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.

 

 

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.