v3.26.1
DEBT
 12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
DEBT

NOTE 7 – DEBT

 

Our debt consisted of the following:

 

   December 31, 2025   December 31, 2024 
Loan with the U.S. Small Business Administration dated 4/19/20 [1]  $509,399   $519,863 
Total debt   509,399    519,863 
Less: Current portion   29,244    29,244 
Debt, long term portion  $480,155   $490,619 

 

[1]In April 2020 we received proceeds of $500,000 from a loan entered into with the U.S. Small Business Administration. Under the terms of the loan interest is to accrue at a rate of 3.75% per annum and installment payments of $2,437 monthly will begin twelve months from the date of the loan, with all interest and principal due and payable thirty years from the date of the loan. During the years ended December 31, 2025 and 2024, we recorded $18,780 and $18,801 worth of interest on the loan, respectively. During the years ended December 31, 2025 and 2024, we made repayments on the loan of $29,244 and $29,244.

 

 

INVESTVIEW, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2025 AND 2024

 

In November of 2020, we entered into notes with third parties for $19,089,500 in exchange for the cancellation of APEX leases previously entered into, which resulted in our purchase of all rights and obligations under the leases. We agreed to settle a portion of the debt during the year ended March 31, 2021, at a discount to the original note terms offered, by making lump sum payments, issuing 48,000,000 shares of our common stock, issuing 49,418 shares of our preferred stock, and issuing digital assets. The remaining notes were due December 31, 2024, and had a fixed monthly payment that is equal to 75% of the face value of the note, divided by 48 months. The monthly payments began the last day of January 2021 and continued until December 31, 2024, when the last monthly payment was made, along with a balloon payment equal to 25% of the face value of the note, to extinguish the debt. During the fourth quarter ended December 31, 2023, we offered all note holders an early payoff option. During the year ended December 31, 2024, we repaid a portion of the debt with cash payments of $411,842 and issuances of digital assets then valued at $274,041. As of December 31, 2024, the debt was paid in full.