2024 Q3 Form 10-Q Financial Statement
#000149315224031587 Filed on August 13, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 Q1 |
---|---|---|---|
Revenue | $11.74M | $13.11M | $15.67M |
YoY Change | -38.74% | -24.05% | 15.52% |
Cost Of Revenue | $1.304M | $2.142M | |
YoY Change | -49.65% | 14.08% | |
Gross Profit | $11.80M | $13.53M | |
YoY Change | -19.54% | 15.75% | |
Gross Profit Margin | 90.05% | 86.33% | |
Selling, General & Admin | $2.048M | $2.588M | $11.80K |
YoY Change | -18.33% | -10.48% | -95.33% |
% of Gross Profit | 21.92% | 0.09% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.123M | $1.178M | |
YoY Change | 1.64% | 21.3% | |
% of Gross Profit | 9.52% | 8.71% | |
Operating Expenses | $12.44M | $12.65M | $13.80M |
YoY Change | -26.5% | -21.17% | 4.76% |
Operating Profit | -$698.5K | $455.1K | $1.870M |
YoY Change | -131.14% | -62.36% | 376.7% |
Interest Expense | -$304.7K | -$38.05K | |
YoY Change | -8.55% | -112.32% | |
% of Operating Profit | -66.95% | -2.03% | |
Other Income/Expense, Net | -$16.87K | $346.8K | $299.6K |
YoY Change | -124.16% | 286.61% | 170.92% |
Pretax Income | -$715.4K | $801.9K | $2.170M |
YoY Change | -130.93% | -38.25% | 331.45% |
Income Tax | $95.29K | $269.1K | $500.1K |
% Of Pretax Income | 33.55% | 23.04% | |
Net Earnings | -$810.6K | $532.8K | $1.670M |
YoY Change | -140.36% | -10.81% | 309.41% |
Net Earnings / Revenue | -6.9% | 4.07% | 10.66% |
Basic Earnings Per Share | $0.00 | $0.00 | $0.00 |
Diluted Earnings Per Share | $0.00 | $0.00 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 1.861B shares | 1.861B shares | 1.861B shares |
Diluted Shares Outstanding | 1.861B shares | 2.897B shares | 3.089B shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2024 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $26.19M | $24.43M | |
YoY Change | 22.21% | 27.02% | |
Cash & Equivalents | $24.45M | $23.66M | $24.43M |
Short-Term Investments | |||
Other Short-Term Assets | $461.7K | $86.28K | $232.8K |
YoY Change | -77.45% | -95.53% | -88.8% |
Inventory | $0.00 | $0.00 | $0.00 |
Prepaid Expenses | $319.7K | $186.1K | $643.8K |
Receivables | $1.872M | $1.872M | $1.873M |
Other Receivables | $538.6K | $0.00 | |
Total Short-Term Assets | $30.79M | $29.47M | $27.80M |
YoY Change | 10.0% | 17.12% | 10.4% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.048M | $4.061M | $5.361M |
YoY Change | -73.53% | -53.84% | -34.25% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $41.95K | $2.589M | |
YoY Change | -98.36% | -2.98% | |
Other Assets | $76.59K | $102.8K | $2.675M |
YoY Change | -97.32% | -96.39% | -9.91% |
Total Long-Term Assets | $2.125M | $4.164M | $8.036M |
YoY Change | -79.95% | -64.24% | -27.75% |
TOTAL ASSETS | |||
Total Short-Term Assets | $30.79M | $29.47M | $27.80M |
Total Long-Term Assets | $2.125M | $4.164M | $8.036M |
Total Assets | $32.92M | $33.64M | $35.84M |
YoY Change | -14.7% | -8.62% | -1.29% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $8.120M | $8.399M | |
YoY Change | 81.5% | 83.57% | |
Accrued Expenses | $272.6K | $206.6K | |
YoY Change | 6.64% | -2.4% | |
Deferred Revenue | $2.365M | $2.019M | $2.707M |
YoY Change | -15.66% | -27.08% | 0.66% |
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $465.9K | $569.4K | |
YoY Change | -84.15% | -80.62% | |
Total Short-Term Liabilities | $13.37M | $12.64M | $14.84M |
YoY Change | -3.88% | 2.53% | 21.86% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $495.8K | $498.4K | |
YoY Change | -87.8% | -89.61% | |
Other Long-Term Liabilities | $2.620M | $1.247M | |
YoY Change | 149.34% | 37.31% | |
Total Long-Term Liabilities | $2.356M | $3.116M | $3.880M |
YoY Change | -60.93% | -39.09% | -32.87% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $13.37M | $12.64M | $14.84M |
Total Long-Term Liabilities | $2.356M | $3.116M | $3.880M |
Total Liabilities | $15.73M | $15.75M | $18.72M |
YoY Change | -21.13% | -9.68% | 4.25% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$86.80M | -$85.78M | -$86.11M |
YoY Change | -0.45% | -3.61% | -3.66% |
Common Stock | $1.859M | $1.861M | $1.861M |
YoY Change | -20.32% | -29.41% | -29.41% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $17.19M | $17.88M | $17.12M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $32.92M | $33.64M | $35.84M |
YoY Change | -14.7% | -8.62% | -1.29% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$810.6K | $532.8K | $1.670M |
YoY Change | -140.36% | -10.81% | 309.41% |
Depreciation, Depletion And Amortization | $1.123M | $1.178M | |
YoY Change | 1.64% | 21.3% | |
Cash From Operating Activities | $531.9K | $4.800M | |
YoY Change | -87.88% | -1303.96% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $3.460K | $2.903K | |
YoY Change | -99.81% | -99.53% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | -100.0% | ||
Cash From Investing Activities | -$3.460K | -$2.903K | |
YoY Change | -99.8% | -99.53% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $174.8K | ||
YoY Change | 8.85% | ||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -1.301M | -$1.357M | |
YoY Change | 106.85% | 116.71% | |
NET CHANGE | |||
Cash From Operating Activities | 531.9K | $4.800M | |
Cash From Investing Activities | -3.460K | -$2.903K | |
Cash From Financing Activities | -1.301M | -$1.357M | |
Net Change In Cash | -773.0K | $3.440M | |
YoY Change | -138.79% | -309.4% | |
FREE CASH FLOW | |||
Cash From Operating Activities | $531.9K | $4.800M | |
Capital Expenditures | $3.460K | $2.903K | |
Free Cash Flow | $528.5K | $4.797M | |
YoY Change | -79.66% | -571.93% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
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Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
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Increase Decrease Customer Advances
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|
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Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
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Payments For Repurchase Of Equity
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|
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Proceeds From Warrant Exercises
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|
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Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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|
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INVU |
Common Stock Repurchased For Payables
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|
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Derivative Liability Extinguished With Warrant Exercise
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|
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Recognition Of Lease Liability And Rou Asset At Lease Commencement
RecognitionOfLeaseLiabilityAndROUAssetAtLeaseCommencement
|
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INVU |
Cryptocurrency Received From Sale Of Fixed Assets
CryptocurrencyReceivedFromSaleOfFixedAssets
|
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INVU |
Derivative Liability Recorded On New Instruments
DerivativeLiabilityRecordedOnNewInstruments
|
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INVU |
Derivative Liability Reduced By Warrant Exercise
DerivativeLiabilityReducedByWarrantExercise
|
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Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P5Y | ||
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Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
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|
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Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
|||
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Stock Issued During Period Shares Stock Options Exercised
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|
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Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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|
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Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
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|
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INVU |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Weighted Average Exercise Price Granted
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|
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Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
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|
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INVU |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Weighted Average Exercise Price Canceled
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsWeightedAverageExercisePriceCanceled
|
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us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
shares | ||
INVU |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Weighted Average Exercise Price Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsWeightedAverageExercisePriceExercised
|
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CY2024Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
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CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
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CY2024Q2 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
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CY2023Q2 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
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us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
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Gain Loss On Disposition Of Assets1
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General And Administrative Expense
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|
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|
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|
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CY2023Q2 | us-gaap |
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|
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us-gaap |
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|
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Operating Income Loss
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|
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CY2023Q2 | us-gaap |
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|
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|
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OperatingIncomeLoss
|
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Derivative Gain Loss On Derivative Net
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|
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Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
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Derivative Gain Loss On Derivative Net
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|
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Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
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Crypto Asset Realized Gain Loss Nonoperating
CryptoAssetRealizedGainLossNonoperating
|
6327 | usd |
CY2023Q2 | us-gaap |
Crypto Asset Realized Gain Loss Nonoperating
CryptoAssetRealizedGainLossNonoperating
|
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us-gaap |
Crypto Asset Realized Gain Loss Nonoperating
CryptoAssetRealizedGainLossNonoperating
|
282554 | usd | |
us-gaap |
Crypto Asset Realized Gain Loss Nonoperating
CryptoAssetRealizedGainLossNonoperating
|
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Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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CY2023Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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|
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Nonoperating Income Expense
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|
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Nonoperating Income Expense
NonoperatingIncomeExpense
|
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us-gaap |
Nonoperating Income Expense
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|
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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|
801914 | usd |
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1298680 | usd |
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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|
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
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Income Tax Expense Benefit
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|
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Income Tax Expense Benefit
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|
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Income Tax Expense Benefit
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|
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Income Tax Expense Benefit
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|
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CY2024Q2 | us-gaap |
Net Income Loss
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|
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CY2023Q2 | us-gaap |
Net Income Loss
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|
597405 | usd |
us-gaap |
Net Income Loss
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|
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Net Income Loss
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|
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Preferred Stock Dividends Income Statement Impact
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|
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CY2023Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
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Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
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Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
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Net Income Loss Available To Common Stockholders Basic
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|
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CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
392570 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
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Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
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Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
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|
0.00 | |
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Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | ||
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Earnings Per Share Basic
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|
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CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | ||
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
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CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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|
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us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
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Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
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CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
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CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
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us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
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Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
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CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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|
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CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
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|
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CY2023Q1 | INVU |
Adjustments To Additional Paid In Capital Derivative Liability Extinguished For Warrants Exercised
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|
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Dividends
Dividends
|
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Net Income Loss
NetIncomeLoss
|
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Stockholders Equity
StockholdersEquity
|
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Dividends
Dividends
|
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Net Income Loss
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Stockholders Equity
StockholdersEquity
|
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Stockholders Equity
StockholdersEquity
|
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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|
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Stock Repurchased And Retired During Period Value
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|
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Dividends
Dividends
|
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Net Income Loss
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|
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|
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Stockholders Equity
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|
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
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Dividends
Dividends
|
204835 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
532847 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
17883944 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
17883944 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2202787 | usd | |
us-gaap |
Depreciation
Depreciation
|
2301620 | usd | |
us-gaap |
Depreciation
Depreciation
|
2076605 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
168421 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
167496 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
871675 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
1397228 | usd | |
INVU |
Gain Losson Lease Cost Netof Repayment
GainLossonLeaseCostNetofRepayment
|
-7847 | usd | |
INVU |
Gain Losson Lease Cost Netof Repayment
GainLossonLeaseCostNetofRepayment
|
-14055 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-180223 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-184221 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
3400 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
3657 | usd | |
us-gaap |
Crypto Asset Realized Gain Loss Nonoperating
CryptoAssetRealizedGainLossNonoperating
|
282554 | usd | |
us-gaap |
Crypto Asset Realized Gain Loss Nonoperating
CryptoAssetRealizedGainLossNonoperating
|
228845 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
87287 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-93932 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-74645 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-306545 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-132030 | usd | |
INVU |
Increase Decrease In Income Tax Paid In Advance
IncreaseDecreaseInIncomeTaxPaidInAdvance
|
-538578 | usd | |
INVU |
Increase Decrease In Income Tax Paid In Advance
IncreaseDecreaseInIncomeTaxPaidInAdvance
|
535932 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-621858 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
421958 | usd | |
us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
-12635 | usd | |
us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
2088809 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
491418 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-193832 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-697375 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
121004 | usd | |
INVU |
Increase Decrease Customer Advances
IncreaseDecreaseCustomerAdvances
|
-28566 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-684564 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
693962 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
9349 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
9298 | usd | |
INVU |
Increase Decrease In Interest Payable Related Parties Net
IncreaseDecreaseInInterestPayableRelatedPartiesNet
|
450918 | usd | |
INVU |
Increase Decrease In Interest Payable Related Parties Net
IncreaseDecreaseInInterestPayableRelatedPartiesNet
|
450918 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
5331538 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3990958 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
23278 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6356 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2408658 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-6356 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2385380 | usd | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
450258 | usd | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
450258 | usd | |
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
186359 | usd | |
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
483566 | usd | |
us-gaap |
Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
|
1685880 | usd | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
336027 | usd | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
321585 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
23 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2658524 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1255386 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
2666658 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
350192 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
21142630 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
21488898 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
23809288 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
21839090 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
464880 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
467317 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
2005095 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
140500 | usd | |
INVU |
Common Stock Repurchased For Payables
CommonStockRepurchasedForPayables
|
3571146 | usd | |
INVU |
Derivative Liability Extinguished With Warrant Exercise
DerivativeLiabilityExtinguishedWithWarrantExercise
|
3 | usd | |
INVU |
Dividends Declared
DividendsDeclared
|
-409670 | usd | |
INVU |
Dividends Declared
DividendsDeclared
|
-409670 | usd | |
INVU |
Dividends Paid With Cryptocurrency
DividendsPaidWithCryptocurrency
|
82514 | usd | |
INVU |
Dividends Paid With Cryptocurrency
DividendsPaidWithCryptocurrency
|
88056 | usd | |
INVU |
Debt And Related Party Debt Extinguished In Exchange For Cryptocurrency
DebtAndRelatedPartyDebtExtinguishedInExchangeForCryptocurrency
|
77538 | usd | |
INVU |
Debt And Related Party Debt Extinguished In Exchange For Cryptocurrency
DebtAndRelatedPartyDebtExtinguishedInExchangeForCryptocurrency
|
989898 | usd | |
INVU |
Recognition Of Lease Liability And Rou Asset At Lease Commencement
RecognitionOfLeaseLiabilityAndROUAssetAtLeaseCommencement
|
23520 | usd | |
INVU |
Cryptocurrency Received From Sale Of Fixed Assets
CryptocurrencyReceivedFromSaleOfFixedAssets
|
9913 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_800_eus-gaap--NatureOfOperations_z6GYCMyPOs7j" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 1 – <span id="xdx_827_zWqXl25SZq8e">ORGANIZATION AND NATURE OF BUSINESS</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Organization</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investview, Inc. was incorporated on <span id="xdx_901_edei--EntityIncorporationDateOfIncorporation_dd_c20240101__20240630_zAqeFpTgjJjf" title="Entity incorporation, date of incorporation">January 30, 1946</span>, under the laws of the state of Utah as the Uintah Mountain Copper Mining Company. In January 2005, we changed domicile to Nevada and changed our name to Voxpath Holding, Inc. In September of 2006, we merged with The Retirement Solution Inc. and then changed our name to TheRetirementSolution.Com, Inc. Subsequently, in October 2008 we changed our name to Global Investor Services, Inc., before changing our name to Investview, Inc., on March 27, 2012.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Effective April 1, 2017, we closed on a Contribution Agreement with the members of Wealth Generators, LLC, a limited liability company (“Wealth Generators”), pursuant to which the Wealth Generators members contributed <span id="xdx_905_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_dp_uPure_c20170401__us-gaap--TypeOfArrangementAxis__custom--ContributionAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--WealthGeneratorsLLCMember_zld6kVL5Qyt3" title="Percentage of shares contributed">100%</span> of the outstanding securities of Wealth Generators in exchange for an aggregate of <span id="xdx_90E_eus-gaap--BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_c20170401__20170401__us-gaap--TypeOfArrangementAxis__custom--ContributionAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--WealthGeneratorsLLCMember_zGOrY44MwpT1" title="Number of shares exchanged for common stock">1,358,670,942</span> shares of our common stock. Following this transaction, Wealth Generators became our wholly owned subsidiary, and the former members of Wealth Generators became our stockholders and controlled the majority of our outstanding common stock.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On June 6, 2017, we entered into an Acquisition Agreement with Market Trend Strategies, LLC, a company whose members are also former members of our management. Under the Acquisition Agreement, we spun-off our operations that existed prior to the merger with Wealth Generators and sold the intangible assets used in those pre-merger operations in exchange for Market Trend Strategies’ assumption of $<span id="xdx_90A_eus-gaap--BusinessCombinationConsiderationTransferredLiabilitiesIncurred_c20170606__20170606__us-gaap--TypeOfArrangementAxis__custom--AcquisitionAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--MarketTrendStrategiesLLCMember_zoKdFINe31c8" title="Value pre-merger liabilities">419,139</span> in pre-merger liabilities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On February 28, 2018, we filed a name change for Wealth Generators, LLC to Kuvera, LLC (“Kuvera”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On January 17, 2019, we renamed our non-operating wholly owned subsidiary WealthGen Global, LLC to SAFETek, LLC, a Utah limited liability company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On January 11, 2021, we filed a name change for Kuvera, LLC to iGenius, LLC (“iGenius”) and on February 2, 2021, we filed a name change for Kuvera (N.I.) Limited to iGenius Global LTD.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On September 20, 2021, the Board of Directors approved a change in our fiscal year from March 31 to December 31.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Nature of Business</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We operate a diversified financial technology company that through its subsidiaries and global distribution network provides financial technology, education tools, content, research, and a digital asset technology company, which develops, operates, and supports blockchain technologies, with a focus on the Bitcoin blockchain ecosystem and the generation of digital assets. In addition, we are planning to expand our business into the retail brokerage and financial markets industry by integrating the online brokerage trading platform we acquired in connection with our recent acquisition of Opencash Securities, LLC (“Opencash”), with the proprietary algorithmic trading platform we acquired in September 2021. Opencash is an early-stage registered broker-dealer that plans to offer investors an online trading platform to enable self-directed retail brokerage services and develop synergies with the educational content and products offered by one of our other business units.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
1946-01-30 | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_845_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zDs69KDQ7CVb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_866_zTwfjXZlT8Cg">Financial Statement Reclassification</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain account balances from prior periods have been reclassified in these consolidated financial statements to conform to current period classifications.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84E_eus-gaap--UseOfEstimates_zYYT4OruR1wk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86C_z1t6NiR4cnGc">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of these financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_849_eus-gaap--ConcentrationRiskCreditRisk_zL8BmdNlcQKh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86B_zXWzt5rTFxBk">Concentration of Credit Risk</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially expose us to concentration of credit risk include cash, accounts receivable, and advances. We place our cash and temporary cash investments with credit quality institutions. At times, such investments may be in excess of the FDIC insurance limit of $<span id="xdx_90B_eus-gaap--CashFDICInsuredAmount_iI_c20240630_zr6xXlZcO8jl" title="Cash, FDIC insured amount">250,000</span>. As of June 30, 2024 and December 31, 2023, cash balances that exceeded FDIC limits were $<span id="xdx_902_eus-gaap--CashUninsuredAmount_iI_c20240630_zlvDEa1IQfCf" title="Cash balances exceeded FDIC limits">7,073,960</span> and $<span id="xdx_907_eus-gaap--CashUninsuredAmount_iI_c20231231_zuX0lInQxwtd" title="Cash balances exceeded FDIC limits">3,778,085</span>, respectively. We have not experienced significant losses relating to these concentrations in the past.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> | ||
CY2024Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2024Q2 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
7073960 | usd |
CY2023Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
3778085 | usd |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
23659262 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
20912276 | usd |
CY2024Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
150026 | usd |
CY2023Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
230354 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
23809288 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
21142630 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
722324 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1872000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
500000 | usd |
CY2024Q2 | us-gaap |
Credit Card Receivables
CreditCardReceivables
|
1870000 | usd |
CY2024Q2 | us-gaap |
Deposits Assets
DepositsAssets
|
2575492 | usd |
CY2023Q4 | us-gaap |
Deposits Assets
DepositsAssets
|
2533538 | usd |
CY2024Q2 | INVU |
Deposits Reclassified From Long Term Assets To Current Assets
DepositsReclassifiedFromLongTermAssetsToCurrentAssets
|
2533538 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
13614831 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
14096695 | usd |
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
9553495 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
7559872 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4061336 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
6536823 | usd |
us-gaap |
Depreciation
Depreciation
|
2301620 | usd | |
us-gaap |
Depreciation
Depreciation
|
2076605 | usd | |
CY2024Q2 | us-gaap |
Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
|
180223 | usd |
CY2023Q2 | us-gaap |
Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
|
26729 | usd |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
23278 | usd | |
CY2024Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
86276 | usd |
CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
585632 | usd |
us-gaap |
Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
|
0 | usd | |
us-gaap |
Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
|
0 | usd | |
CY2024Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
2018834 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
2703398 | usd |
INVU |
Gross Billingsreceipts
GrossBillingsreceipts
|
30278904 | usd | |
INVU |
Refunds Incentives Credits And Chargebacks
RefundsIncentivesCreditsAndChargebacks
|
-1500306 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
28778598 | usd | |
INVU |
Gross Billingsreceipts
GrossBillingsreceipts
|
33433728 | usd | |
INVU |
Refunds Incentives Credits And Chargebacks
RefundsIncentivesCreditsAndChargebacks
|
-2243741 | usd | |
us-gaap |
Payments To Suppliers
PaymentsToSuppliers
|
365500 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
30824487 | usd | |
CY2024Q2 | INVU |
Gross Billingsreceipts
GrossBillingsreceipts
|
13785011 | usd |
CY2024Q2 | INVU |
Refunds Incentives Credits And Chargebacks
RefundsIncentivesCreditsAndChargebacks
|
-678330 | usd |
CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
13106681 | usd |
CY2023Q2 | INVU |
Refunds Incentives Credits And Chargebacks
RefundsIncentivesCreditsAndChargebacks
|
-1283330 | usd |
CY2023Q2 | us-gaap |
Payments To Suppliers
PaymentsToSuppliers
|
86500 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
17257879 | usd |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
531808 | usd | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
529054 | usd | |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
3445944 | usd | |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
4466878 | usd | |
us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
174836 | usd | |
CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
0 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
0 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2202787 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1005299 | usd | |
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
409670 | usd | |
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
409670 | usd | |
us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
450258 | usd | |
us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
450258 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
2243375 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1045887 | usd | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1957014007 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2636275605 | shares | |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
471428571 | shares | |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
471428571 | shares | |
us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
565000000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
565000000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2993442578 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3672704176 | shares | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | ||
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
532847 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
597405 | usd |
CY2024Q2 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
204835 | usd |
CY2023Q2 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
204835 | usd |
CY2024Q2 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
225129 | usd |
CY2023Q2 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
225129 | usd |
CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
553141 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
617699 | usd |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1860981786 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2636275719 | shares |
CY2024Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
471428571 | shares |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
471428571 | shares |
CY2024Q2 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
565000000 | shares |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
565000000 | shares |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2897410357 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3672704290 | shares |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2325506 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2202787 | usd | |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
23659262 | usd |
INVU |
Working Capital
WorkingCapital
|
16836019 | usd | |
CY2024Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
86276 | usd |
CY2023Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
5732 | usd |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
3400 | usd | |
CY2024Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
2332 | usd |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
55464 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
47617 | usd | |
CY2024Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P0Y7M9D | |
CY2024Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.12 | pure |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
68411 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
7833 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
76244 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
2335 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
73909 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
73624 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
285 | usd |
CY2024Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
252192 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
252192 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
252192 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
252192 | shares |
us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
336027 | usd | |
CY2024Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
247521 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7252 | usd | |
CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1860981786 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
1860981786 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2333356496 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2333356496 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Purchased For Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward
|
1000000 | shares | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.05 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
360416665 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.05 | |
CY2023Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.03 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1000000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.05 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
0.02 | ||
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
361416665 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.05 | |
CY2024Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.03 | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
193291665 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.05 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P4Y11M26D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P4Y11M26D | ||
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
854657 | usd | |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
1389976 | usd | |
us-gaap |
Employee Benefits And Share Based Compensation Noncash
EmployeeBenefitsAndShareBasedCompensationNoncash
|
4400000 | usd | |
INVU |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Vesting Period Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingVestingPeriodContractualTerm
|
P2Y7M6D | ||
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
1178090 | shares |
CY2023Q4 | INVU |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice
|
0.10 | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
1178090 | shares |
CY2024Q2 | INVU |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice
|
0.10 | |
CY2024Q2 | INVU |
Warrants Exercisable
WarrantsExercisable
|
1178090 | shares |
CY2024Q2 | us-gaap |
Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
|
P1Y7M24D | |
us-gaap |
Common Stock Voting Rights
CommonStockVotingRights
|
The Class B Redeemable Units have no voting rights but can be exchanged at any time, within 5 years from the date of issuance, for 565,000,000 shares of our common stock on a one-for-one basis and are subject to significant restrictions upon resale through 2025 under the terms of a lock up agreement entered into as part of the purchase agreement. | ||
us-gaap |
Long Term Purchase Commitment Description
LongTermPurchaseCommitmentDescription
|
According to marketing and legal documents provided by such third-party provider, the product protection would allow the purchaser to protect its initial purchase price by obtaining 50% of its purchase price at five years or 100% of its purchase price at ten years. | ||
CY2024Q2 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
2320000 | usd |
CY2024Q2 | us-gaap |
Credit Card Receivables
CreditCardReceivables
|
1870000 | usd |
CY2024Q2 | us-gaap |
Credit Card Receivables
CreditCardReceivables
|
1870000 | usd |
CY2024Q2 | us-gaap |
Credit Card Receivables
CreditCardReceivables
|
1870000 | usd |
CY2024Q2 | us-gaap |
Credit Card Receivables
CreditCardReceivables
|
1870000 | usd |
CY2024Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
269067 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
769142 | usd | |
CY2024Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.336 | pure |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.259 | pure | |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
701275 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
796337 | usd | |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.540 | pure |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.422 | pure | |
ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | ||
ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | ||
ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | ||
ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |