XML 98 R25.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

NOTE 6 –LOANS PAYABLE (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Debt Disclosure [Abstract] |
NOTE 6 - LOANS PAYABLE - Schedule of Loans Payable |
|  | June 30, |  | December 31, |  |  |  | Interest
|  | 2024 |  | 2023 |  | Term |  | rate
Martus |  | $ | 103,738 |  |  | $ | 103,738 |  |  | Note was issued on October 23, 2018 and due on January 2, 2025 |  |  | 5.0 | %
Darlene Covid19 |  |  | 89,866 |  |  |  | 99,099 |  |  | Note was issued on April 1, 2020 and due on March 31, 2025 |  |  | 0.0 | %
Promissory note payable |  |  | — |  |  |  | 165,000 |  |  | Note was issued April 4, 2023 and due on April 4, 2024 |  |  | 24.0 | %
Future receipts loan |  |  | 552,080 |  |  |  | — |  |  | Loan was issued April 23, 2023 and due in February 26, 2025 |  |  | Effective rate (1) 98.9 | %
Promissory note payable |  |  | 217,391 |  |  |  | — |  |  | Note was issued June 11, 2024 and due on June 11, 2025 |  |  | 2.0 | %
Promissory note payable - acquisition of QXTEL |  |  | 1,725,000 |  |  |  | — |  |  | Note was issued April 1, 2024 and due on June 30, 2025 |  |  | 4.89 | %
Total |  |  | 2,688,075 |  |  |  | 367,837 |  |  |  |  |  |  |
Less: Unamortized debt discount |  |  | (143,197 | ) |  |  | (3,750 | ) |  |  |  |  |  |
Total loans payable |  |  | 2,544,878 |  |  |  | 364,087 |  |  |  |  |  |  |
Less: Current portion of loans payable |  |  | (2,544,878 | ) |  |  | (264,988 | ) |  |  |  |  |  |
Long-term loans payable |  | $ | — |  |  | $ | 99,099 |  |  |  |  |  |  |

X
- References No definition available. + Details
Name: | IQST_ScheduleOfLoansPayableTextBlock
Namespace Prefix: | IQST_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration