The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -1,385,936 | -2,691,022 | -2,325,869 | -3,493,375 |
| Stock based compensation | 4,920 | 10,670 | 239,145 | 55,198 |
| Bad debt expense | 14,364 | 1,861 | 94 | 4,442 |
| Loss on settlement of salary payable | - | 0 | 0 | -216,981 |
| Depreciation and amortization | 172,646 | 177,525 | 161,918 | 288,224 |
| Inventory | - | - | - | 0 |
| Loss on settlement of debt | - | 0 | -1,345,889 | -878,592 |
| Impairment loss | - | 2,168,552 | - | - |
| Change in fair value of derivative liabilities | - | - | - | 0 |
| Deferred income tax (benefit) expense | - | -216,364 | - | - |
| Amortization of debt discount | 91,486 | 72,889 | 41,887 | 343,834 |
| Accounts receivable | -6,316,143 | 6,100,937 | -10,701,479 | -33,486,603 |
| Prepaid and other assets | -81,433 | 152,108 | -4,422,109 | 4,552,575 |
| Accounts payable | -1,151,840 | 1,606,354 | -1,168,954 | 1,585,727 |
| Accrued and other current liabilities | -4,038,727 | 3,880,028 | -14,370,735 | -30,462,934 |
| Contract liabilities | -279,936 | - | - | - |
| Net cash used in operating activities | -175,447 | -1,242,552 | -953,037 | -1,649,283 |
| Acquisitions of subsidiary, net of cash received | - | 0 | 20,469 | 50,000 |
| Purchase of property and equipment | 1,399 | 1,620 | 16,211 | 95,189 |
| Payment of loan receivable - related party | 13,701 | 18,700 | 8,000 | 29,462 |
| Collection of amounts due from related parties | 5,861 | - | - | 839 |
| Net cash used in investing activities | -8,400 | -20,320 | -45,519 | -173,812 |
| Proceeds from loans payable | 750,000 | - | - | - |
| Repayments of loans payable | 1,769 | - | - | - |
| Repayment of loans payable - related parties | 30,698 | - | - | - |
| Dividend paid to non-controlling interest | 91,458 | - | - | - |
| Net cash provided by financing activities | 626,075 | 1,158,799 | 1,219,700 | 1,351,026 |
| Net change in cash | 442,228 | -104,073 | 221,144 | -472,069 |
| Cash, beginning of period | 2,155,359 | 2,259,432 | 2,510,357 | - |
| Cash, end of period | 2,597,587 | 2,155,359 | 2,259,432 | - |
iQSTEL Inc (IQST)
iQSTEL Inc (IQST)