IQST: the balance sheet

MyFinsight

For the year ending 2025-12-31, IQST has $51,087,935 in assets. $34,807,308 in debts. $2,155,359 in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash	2,155,359
Accounts receivable, net	30,259,020
Inventory	30,658
Due from related parties	639,519
Prepaid and other current assets	3,077,868
Total current assets	36,162,424
Property and equipment, net	615,048
Intangible asset, net	6,957,404
Goodwill	5,790,049
Deferred tax assets	459,472
Other assets	1,103,538
Total assets	51,087,935

Accounts payable	9,167,288
Accrued and other current liabilities	19,050,496
Contract liabilities	1,391,377
Due to related parties	65,829
Loans payable - net of discount of 127,170 and 62,898, respectively	4,020,833
Loans payable - related parties	125,409
Contingent liability for acquisition of subsidiary	285,175
Stock payable for acquisition of subsidiary	500,000
Total current liabilities	34,606,407
Loans payable, non-current	31,302
Employee benefits, non-current	169,599
Total liabilities	34,807,308
Equity attributed to stockholders of iqstel inc	11,159,024
Equity attributable to noncontrolling interests	5,121,603
Total stockholders' equity	16,280,627
Total liabilities and stockholders' equity	51,087,935

Unit: Dollar.