Consolidated Statements of Operations and Other Comprehensive Income - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Mar. 31, 2020
Mar. 31, 2019
Revenue:            
Total revenue, net $ 4,963,611 $ 7,733,034 $ 19,717,448 $ 23,342,603 $ 24,183,590 $ 29,659,081
Operating costs and expenses:            
Cost of sales and service 560,145 493,591 1,092,643 924,588 2,507,071 1,180,671
Commissions 1,605,925 5,087,053 10,822,072 17,316,319 13,564,618 21,526,326
Selling and marketing 575,199 109,265 1,389,666 634,671 1,696,133 878,936
Salary and related 1,721,970 1,059,660 5,433,416 3,075,862 6,593,421 4,272,355
Professional fees 474,287 284,586 1,130,070 1,355,182 1,356,574 1,620,370
General and administrative 1,765,381 940,767 4,487,137 2,921,073 7,559,192 4,121,279
Total operating costs and expenses 6,702,907 7,974,922 24,355,004 26,227,695 33,277,009 33,599,937
Net loss from operations (1,739,296) (241,888) (4,637,556) (2,885,092) (9,093,419) (3,940,856)
Other income (expense):            
Gain (loss) on debt extinguishment 443,907 1,725,384 19,387 2,018,791 19,387
Gain (loss) on fair value of derivative liability (94,622) 504,635 571,231 (214,376)
Gain (loss) on bargain purchase 2,005,282 971,282
Gain (loss) on deconsolidation 53,739 53,739
Realized gain (loss) on cryptocurrency 10 (1,091) (657) 16,363 (815) 16,241
Unrealized gain (loss) on cryptocurrency (16,885) (116) 8,445 95,810 113,369 106,488
Impairment expense (627,452) (627,452) (4,230,741)
Interest expense (1,427,433) (206,007) (3,918,070) (210,154) (6,274,436) (1,842,461)
Interest expense, related parties (367,190) (1,618,284) (5,000) (4,403,332) (20,000)
Other income (expense) 3,231 (606) (68,053) (2,449) (32,195) (3,032)
Total other income (expense) (2,086,434) (207,820) (3,940,313) 1,919,239 (12,184,389) (966,471)
Income (loss) before income taxes (3,825,730) (449,708) (8,577,869) (965,853) (21,277,808) (4,907,327)
Income tax expense (2,198) (2,655) (9,580) (44,844) (7,383) (70,768)
Net income (loss) (3,827,928) (452,363) (8,587,449) (1,010,697) (21,285,191) (4,978,095)
Less: net income (loss) attributable to the noncontrolling interest 27,613 (5,399) 32,941
Net income (loss) attributable to Investview stockholders $ (3,827,928) $ (479,976) $ (8,587,449) $ (1,005,298) $ (21,285,191) $ (5,011,036)
Income (loss) per common share, basic and diluted $ (0.00) $ (0.00) $ (0.00) $ (0.00) $ (0.01) $ (0.00)
Weighted average number of common shares outstanding, basic and diluted 2,840,281,449 2,213,661,318 2,748,911,300 2,197,588,591 2,937,880,878 2,234,117,482
Other comprehensive income (loss), net of tax:            
Foreign currency translation adjustments $ 22,627 $ 3,470 $ 2,067 $ 7,211 $ (21,421) $ 3,846
Total other comprehensive income (loss) 22,627 3,470 2,067 7,211 (21,421) 3,846
Comprehensive income (loss) (3,805,301) (448,893) (8,585,382) (1,003,486) (21,306,612) (4,974,249)
Less: comprehensive income (loss) attributable to the noncontrolling interest (22,627) (3,470) (7,211) (3,846)
Comprehensive income (loss) attributable to Investview shareholders (3,827,928) (452,363) (8,585,382) (1,010,697) (21,306,612) (4,978,095)
Subscription Revenue [Member]            
Revenue:            
Total revenue, net 4,578,623 7,003,802 19,327,091 20,835,048 22,425,173 27,023,202
Equipment Sales [Member]            
Revenue:            
Total revenue, net 694,954 694,954 694,954
Cryptocurrency Mining Revenue [Member]            
Revenue:            
Total revenue, net 34,278 1,812,601 1,940,925
Mining Revenue [Member]            
Revenue:            
Total revenue, net 380,871 380,871 1,745,138
Fee Revenue [Member]            
Revenue:            
Total revenue, net $ 4,117 $ 9,486 $ 13,279