The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -2,325,869 | -3,493,375 |
| Stock based compensation | 239,145 | 55,198 |
| Bad debt expense | 94 | 4,442 |
| Depreciation and amortization | 161,918 | 288,224 |
| Amortization of debt discount | 41,887 | 343,834 |
| Inventory | - | 0 |
| Loss on settlement of debt | -1,345,889 | -878,592 |
| Change in fair value of derivative liabilities | - | 0 |
| Loss on settlement of salary payable | 0 | -216,981 |
| Accounts receivable | -10,701,479 | -33,486,603 |
| Prepaid and other assets | -4,422,109 | 4,552,575 |
| Accounts payable | -1,168,954 | 1,585,727 |
| Accrued and other current liabilities | -14,370,735 | -30,462,934 |
| Net cash used in operating activities | -953,037 | -1,649,283 |
| Acquisitions of subsidiary, net of cash received of 129,531 and 769,879, respectively | 20,469 | 50,000 |
| Collection of amounts due from related parties | - | 839 |
| Purchase of property and equipment | 16,211 | 95,189 |
| Payment of loan receivable - related party | 8,000 | 29,462 |
| Net cash used in investing activities | -45,519 | -173,812 |
| Net cash provided by financing activities | 1,219,700 | 1,351,026 |
| Net change in cash | 221,144 | -472,069 |
| Cash and cash equivalents at beginning of period | 2,510,357 | - |
| Cash and cash equivalents at end of period | 2,259,432 | - |
iQSTEL Inc (IQST)
iQSTEL Inc (IQST)