XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current Assets    
Cash $ 2,259,432 $ 2,510,357
Accounts receivable, net 23,979,191 57,158,967
Inventory 30,658 30,658
Due from related parties 668,177 630,715
Prepaid and other current assets 2,900,271 2,684,349
Total Current Assets 29,837,729 63,015,046
Property and equipment, net 670,642 561,802
Intangible assets, net 7,077,715 7,438,654
Goodwill 7,958,601 6,750,045
Deferred tax assets 243,108 243,108
Other assets 1,098,405 999,083
TOTAL ASSETS 46,886,200 79,007,738
Current Liabilities    
Accounts payable 7,942,825 2,129,241
Accrued and other current liabilities 15,009,370 55,624,784
Contract liabilities 887,408
Due to related parties 65,829 26,613
Loans payable - net of discount of $105,323 and $62,898, respectively 2,674,548 2,455,641
Loans payable - related parties 211,050 720,485
Convertible notes - net of discount of $7,671 and $138,654, respectively 1,166,471 1,864,432
Contingent liability for acquisition of subsidiary 285,175 1,000,000
Stock payable for acquisition of subsidiary 500,000
Total Current Liabilities 28,742,676 63,821,196
Convertible notes - net of discount of $0 and $210,296 3,011,926
Loans payable, non-current 34,118
Employee benefits, non-current 256,130 274,353
TOTAL LIABILITIES 29,032,924 67,107,475
Stockholders' Equity    
Common stock: 26,000,000 and 3,750,000 authorized; $0.001 par value 3,832,470 and 2,537,209 shares issued and outstanding, respectively 3,833 2,537
Additional paid in capital 52,140,091 39,943,924
Accumulated deficit (38,945,805) (32,703,410)
Accumulated other comprehensive loss (25,340) (25,340)
Equity attributed to stockholders of IQSTEL Inc. 13,172,868 7,217,757
Equity attributable to noncontrolling interests 4,680,408 4,682,506
TOTAL STOCKHOLDERS' EQUITY 17,853,276 11,900,263
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 46,886,200 79,007,738
Preferred Class A [Member]    
Stockholders' Equity    
Preferred Stock, Value, Issued 10 10
Preferred Class B [Member]    
Stockholders' Equity    
Preferred Stock, Value, Issued 42 36
Preferred Class C [Member]    
Stockholders' Equity    
Preferred Stock, Value, Issued
Preferred Class D [Member]    
Stockholders' Equity    
Preferred Stock, Value, Issued $ 37