Consolidated Balance Sheets - USD ($)
Mar. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash $ 184,410 $ 68,437
Accounts Receivable - net 720,920 615,639
Capitalized Job Costs 156,861 141,267
Inventory 89,076 73,499
Other Current Assets 59,869 59,938
Total Current Assets 1,211,136 958,780
PROPERTY AND EQUIPMENT - Net 19,240 64,250
Goodwill 794,830 794,830
Intangible Assets, net 631,040 682,682
Other Assets 1,635 6,670
Total Assets 2,657,881 2,507,212
CURRENT LIABILITIES:    
Convertible Promissory Notes, net of debt discounts of $256,893 and $230,721 3,084,793 2,952,250
Short Term Advances 146,015 146,015
Note Payable 1,852,331 1,971,208
Accounts Payable 418,642 361,619
Credit Card Payable 287,517 152,481
Accrued Expenses 3,852,882 3,607,100
Line of Credit 256,638 260,658
Stock Payable 25,000 25,000
Deferred Revenue 435,780 479,426
Due to Related Parties 1,814 1,814
Note Payable - related party, current 52,000 52,000
Derivative Liability 28,847,395 3,953,369
Total Current Liabilities 39,260,807 13,962,940
Note Payable-related party, net of current portion 766,000 778,000
Total Liabilities 40,026,807 14,740,940
Commitments and Contingencies (see Note 17)
STOCKHOLDERS’ DEFICIT:    
Preferred Stock ($0.0001 Par Value; 5,000,000 Shares Authorized; Series A (51 shares designated 51 shares issued and outstanding as of March 31, 2018 and 0 shares issued and outstanding as of December 31, 2017)
Common Stock ($0.0001 Par Value; 1,000,000,000 Shares Authorized; 110,337,224 and 13,873,971 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively) 11,034 1,387
Additional Paid-in Capital 18,107,581 17,158,926
Accumulated Deficit (55,469,499) (29,396,982)
Total DirectView Holdings, Inc. Stockholders’ Deficit (37,350,884) (12,236,669)
Non-Controlling Interest in Subsidiary (18,042) 2,941
Total Stockholders’ Deficit (37,368,926) (12,233,728)
Total Liabilities and Stockholders’ Deficit $ 2,657,881 $ 2,507,212