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Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 647,334 $ 270,503
Accounts receivable, net 1,961,608 2,759,164
Due from related parties 290,284 316,860
Prepaid and other current assets 69,427 91,970
Total Current Assets 2,968,653 3,438,497
Property and equipment, net 354,466 287,970
Intangible asset 21,875 0
Goodwill 1,537,742 1,455,960
Deferred tax assets 441,519 420,519
TOTAL ASSETS 5,324,255 5,602,946
Current Liabilities    
Accounts payable 1,802,925 2,291,921
Due to related parties 94,616 34,631
Loans payable, net of discount 1,369,580 89,671
Loans payable - related parties 1,975,342 1,885,708
Current portion of convertible notes - net of discount of $416,316 and $597,654 1,279,011 1,251,096
Other current liabilities 761,212 848,484
Derivative Liability, Current 658,203 4,744,134
Total Current Liabilities 7,940,889 11,145,645
Convertible notes - net of discount of $2,556 and $48,558 2,444 11,442
Loans payable 269,112 178,021
TOTAL LIABILITIES 8,367,525 11,373,361
Stockholders' Deficit    
Preferred Stock, Value, Issued 0 0
Common Stock, Value 78,186 18,008
Additional paid in capital 9,391,402 3,240,528
Accumulated deficit (11,673,729) (8,125,257)
Accumulated other comprehensive loss (39,099) (181)
Deficit attributed to stockholders of iQSTEL Inc. (2,243,240) (4,866,902)
Deficit attributable to noncontrolling interests (800,030) (903,513)
Total stockholders' Deficit (3,043,270) (5,770,415)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 5,324,255 5,602,946
Employee benefits, non-current $ 155,080 $ 38,253