XML 59 R48.htm IDEA: XBRL DOCUMENT v3.22.2.2

NOTE 10 – DERIVATIVE LIABILITY (Tables)

12 Months Ended

Dec. 31, 2021

Note 10 Derivative Liability

NOTE - 10 DERIVATIVE LIABILITY - Schedule of Fair Value Measurement of Liabilities

		Year ended
		December 31,
			2021				2020
Expected term			0.16 - 1.18 years				0.02 - 6.00 years
Expected average volatility			145% - 241%				74% - 550%
Expected dividend yield			—				—
Risk-free interest rate			0.07% - 0.09%				0.05% - 2.56%

NOTE 10 - DERIVATIVE LIABILITY - Fair Value Measurements Using Significant Observable Inputs

Fair Value Measurements Using Significant Observable Inputs (Level 3)
Balance - December 31, 2019		$	4,744,134
Addition of new derivatives recognized as debt discounts			1,673,393
Addition of new derivatives recognized as loss on derivatives			1,040,636
Settled on issuance of common stock			(5,136,222	)
Change in fair value of the derivative			(1,296,250	)
Balance - December 31, 2020		$	1,025,691
Settled on issuance of common stock			(708,611	)
Change in fair value of the derivative			(317,080	)
Balance - December 31, 2021		$	—

NOTE 10- DERIVATIVE LIABILITY - Schedule of Change in Fair Value of Derivative Liability Included in Income Statement

		Years Ended
		December 31,
		2021				2020
Addition of new derivatives recognized as loss on derivatives		$	—			$	1,040,636
Revaluation of derivative liabilities			(317,080	)			(1,296,250	)
(Gain) on change in fair value of the derivative		$	(317,080	)		$	(255,614	)

X

- References

No definition available.

+ Details

Name:	IQST_DisclosureNote10DerivativeLiabilityAbstract
Namespace Prefix:	IQST_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information about fair value of asset and liability not measured at fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2E
-URI https://asc.fasb.org/extlink&oid=126976982&loc=SL7498357-110258

+ Details

Name:	us-gaap_FairValueDisclosureOfAssetAndLiabilityNotMeasuredAtFairValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of derivative liabilities at fair value.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDerivativeLiabilitiesAtFairValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration