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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 3,032,637 $ 753,316
Accounts receivable, net 2,462,393 2,528,321
Due from related parties 221,790 221,790
Prepaid and other current assets 117,829 78,157
Total Current Assets 5,834,649 3,581,584
Property and equipment, net 335,755 350,530
Intangible asset 28,154 21,875
Goodwill 1,537,742 1,537,742
Deferred tax assets 432,077 460,036
TOTAL ASSETS 8,168,377 5,951,767
Current Liabilities    
Accounts payable 2,056,075 2,737,411
Due to related parties 34,616 94,616
Loans payable, net of discount 3,063 1,332,612
Loans payable - related parties 1,924,454 2,054,379
Current portion of convertible notes - net of discount of $0 and $370,106 0 253,554
Other current liabilities 294,358 413,676
Stock payable 2,056,530 0
Derivative Liability, Current 39,505 1,025,691
Total Current Liabilities 6,408,601 7,911,939
Convertible notes - net of discount of $1,820 and $2,184 3,180 2,816
Loans payable 245,374 270,836
TOTAL LIABILITIES 6,808,569 8,346,803
Stockholders' Equity (Deficit)    
Common Stock, Value 138,827 118,133
Additional paid in capital 18,772,223 13,267,261
Accumulated deficit (16,641,539) (14,699,148)
Accumulated other comprehensive loss (19,926) (74,831)
Equity (Deficit) attributed to stockholders of iQSTEL Inc. 2,249,616 (1,388,575)
Deficit attributable to noncontrolling interests (889,808) (1,006,461)
Total stockholders' Equity (Deficit) 1,359,808 (2,395,036)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 8,168,377 5,951,767
Employee benefits, non-current 151,414 161,212
Series A Preferred Stock    
Stockholders' Equity (Deficit)    
Preferred Stock, Value, Issued 10 10
Series B Preferred Stock    
Stockholders' Equity (Deficit)    
Preferred Stock, Value, Issued 21 0
Series C Preferred Stock    
Stockholders' Equity (Deficit)    
Preferred Stock, Value, Issued $ 0 $ 0