Consolidated Balance Sheets - USD ($) |
Mar. 31, 2020 |
Dec. 31, 2019 |
Mar. 31, 2019 |
|||
|---|---|---|---|---|---|---|
| Current assets: | ||||||
| Cash and cash equivalents | $ 137,177 | $ 263,600 | $ 133,644 | |||
| Prepaid assets | 5,309,512 | 3,619,317 | 6,685,970 | |||
| Receivables | 905,058 | 623,203 | 724,995 | |||
| Short-term advances | 145,000 | 145,000 | 10,000 | |||
| Short-term advances - related party | 500 | 7,500 | 500 | |||
| Other current assets | 101,610 | 156,448 | 142,061 | |||
| Total current assets | 6,598,857 | 4,815,068 | 7,697,170 | |||
| Fixed assets, net | 2,997,611 | 3,864,341 | 13,528 | |||
| Other assets: | ||||||
| Intangible assets, net | 692,882 | 736,051 | 1,576,685 | |||
| Long term license agreement, net | 1,869,905 | 1,983,220 | ||||
| Operating lease right-of-use asset | 99,465 | 112,564 | ||||
| Deposits | 11,173 | 8,488 | 4,500 | |||
| Total other assets | 803,520 | 2,727,008 | 3,564,405 | |||
| Total assets | 10,399,988 | 11,406,417 | 11,275,103 | |||
| Current liabilities: | ||||||
| Accounts payable and accrued liabilities | 3,774,536 | 2,543,328 | 3,008,836 | |||
| Payroll liabilities | 1,825 | 23,575 | 888,177 | |||
| Customer advance | 392,310 | 607,205 | 265,000 | |||
| Deferred revenue | 612,500 | 731,578 | 1,876,727 | |||
| Derivative liability | 793,495 | 383,670 | 1,358,901 | |||
| Operating lease liability, current | 56,530 | 59,064 | [1] | |||
| Other current liabilities | 11,407,200 | 7,576,800 | ||||
| Related party payables, net of discounts | 2,114,760 | 1,646,893 | 545,489 | |||
| Debt, net of discounts | 1,569,326 | 2,181,578 | 1,977,030 | |||
| Total current liabilities | 20,722,482 | 15,753,691 | 9,920,160 | |||
| Operating lease liability, long term | 50,268 | 59,333 | ||||
| Other long term liabilities, net of deferred interest | 3,885,464 | 1,652,593 | ||||
| Total long term liabilities | 3,935,732 | 1,711,926 | ||||
| Total liabilities | 24,658,214 | 17,465,617 | 9,920,160 | |||
| Commitments and contingencies | ||||||
| Stockholders' equity (deficit): | ||||||
| Preferred stock, value | ||||||
| Common stock, value | 3,214,490 | 3,003,490 | 2,640,161 | |||
| Additional paid in capital | 28,929,516 | 24,618,312 | 23,758,917 | |||
| Accumulated other comprehensive income (loss) | (20,058) | 3,430 | 1,363 | |||
| Accumulated deficit | (46,382,174) | (33,684,432) | (25,096,983) | |||
| Total Investview stockholders' equity (deficit) | (14,258,226) | (6,059,200) | 1,303,458 | |||
| Noncontrolling interest | 51,485 | |||||
| Total stockholders' equity (deficit) | (14,258,226) | 6,059,200 | 1,354,943 | |||
| Total liabilities and stockholders' equity (deficit) | $ 10,399,988 | $ 11,406,417 | $ 11,275,103 | |||
| ||||||