2023 Q2 Form 10-K Financial Statement

#000166357723000196 Filed on April 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2022 Q4 2022
Revenue $32.82M $28.15M $93.20M
YoY Change 38.5% 57.61% 44.05%
Cost Of Revenue $32.04M $29.00M $91.41M
YoY Change 40.2% 63.86% 44.71%
Gross Profit $784.5K -$853.8K $1.792M
YoY Change -7.3% -631.19% 16.81%
Gross Profit Margin 2.39% -3.03% 1.92%
Selling, General & Admin $953.1K $1.252M $4.351M
YoY Change -12.01% 46.79% 0.72%
% of Gross Profit 121.49% 242.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.43K $28.90K $120.1K
YoY Change 19.47% 17.72% 31.32%
% of Gross Profit 4.39% 6.7%
Operating Expenses $1.037M $1.281M $4.983M
YoY Change -9.37% 50.18% 12.96%
Operating Profit -$252.7K -$2.135M -$3.192M
YoY Change -15.25% 208.34% 10.9%
Interest Expense $126.2K -$2.658M -$2.680M
YoY Change -3385.68% 9894.7% 647.77%
% of Operating Profit
Other Income/Expense, Net $91.07K $21.57K -$2.674M
YoY Change 615.93% -165.56% -37710.42%
Pretax Income -$161.6K -$5.083M -$5.866M
YoY Change -43.37% 575.99% 51.81%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$213.9K -$4.992M -$5.967M
YoY Change -39.08% 604.11% 55.49%
Net Earnings / Revenue -0.65% -17.74% -6.4%
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 -$0.03 -$0.04
COMMON SHARES
Basic Shares Outstanding 164.2M shares 155.3M shares
Diluted Shares Outstanding 151.9M shares

Balance Sheet

Concept 2023 Q2 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.127M $1.329M $1.329M
YoY Change -31.54% -60.14% -60.14%
Cash & Equivalents $1.127M $1.329M $1.329M
Short-Term Investments
Other Short-Term Assets $35.04K $47.60K $47.60K
YoY Change -92.9% 104.12% 104.12%
Inventory $28.12K $26.12K $26.12K
Prepaid Expenses $571.4K $545.6K
Receivables $4.945M $4.209M $4.209M
Other Receivables $962.9K $824.3K $824.3K
Total Short-Term Assets $7.098M $6.437M $6.437M
YoY Change 4.1% -1.98% -1.98%
LONG-TERM ASSETS
Property, Plant & Equipment $473.5K $401.0K $401.0K
YoY Change 22.45% -2.04% -2.04%
Goodwill $5.172M $5.172M
YoY Change 0.0% 236.35%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $54.47K $440.1K $440.1K
YoY Change -87.23% -1.4% -1.4%
Total Long-Term Assets $6.254M $6.113M $6.113M
YoY Change 2.78% 145.19% 145.19%
TOTAL ASSETS
Total Short-Term Assets $7.098M $6.437M $6.437M
Total Long-Term Assets $6.254M $6.113M $6.113M
Total Assets $13.35M $12.55M $12.55M
YoY Change 3.48% 38.52% 38.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.702M $2.255M $2.255M
YoY Change 7.35% 52.9% 52.9%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $253.5K $94.34K $0.00
YoY Change
Long-Term Debt Due $251.2K $94.34K $330.3K
YoY Change 161.18% -70.09% -40.46%
Total Short-Term Liabilities $6.912M $6.452M $6.452M
YoY Change 91.62% 173.03% 173.03%
LONG-TERM LIABILITIES
Long-Term Debt $102.4K $108.2K $108.2K
YoY Change -2.31% -9.34% -9.35%
Other Long-Term Liabilities $159.3K $154.2K $154.2K
YoY Change 6.57% -1.4% -1.4%
Total Long-Term Liabilities $261.8K $262.4K $262.4K
YoY Change 2.91% -4.84% -4.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.912M $6.452M $6.452M
Total Long-Term Liabilities $261.8K $262.4K $262.4K
Total Liabilities $7.174M $6.714M $5.790M
YoY Change 85.78% 154.44% 252.44%
SHAREHOLDERS EQUITY
Retained Earnings -$25.08M -$24.50M
YoY Change 29.0% 32.19%
Common Stock $164.7K $161.6K
YoY Change 8.64% 9.57%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.843M $6.760M $6.760M
YoY Change
Total Liabilities & Shareholders Equity $13.35M $12.55M $12.55M
YoY Change 3.48% 38.52% 38.52%

Cashflow Statement

Concept 2023 Q2 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$213.9K -$4.992M -$5.967M
YoY Change -39.08% 604.11% 55.49%
Depreciation, Depletion And Amortization $34.43K $28.90K $120.1K
YoY Change 19.47% 17.72% 31.32%
Cash From Operating Activities -$918.6K -$276.2K -$1.765M
YoY Change -6.99% -58.54% -44.01%
INVESTING ACTIVITIES
Capital Expenditures $69.00K $25.58K $112.1K
YoY Change -409.42% -119.94% -148.54%
Acquisitions $1.889M
YoY Change
Other Investing Activities -$67.14K -$74.70K -$1.889M
YoY Change -95.71% 1394.0% 573.71%
Cash From Investing Activities -$136.1K -$100.3K -$2.002M
YoY Change -91.42% -24.75% 291.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.100M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 400.0K 400.0K $1.768M
YoY Change -86.38% -71.72%
NET CHANGE
Cash From Operating Activities -918.6K -276.2K -$1.765M
Cash From Investing Activities -136.1K -100.3K -$2.002M
Cash From Financing Activities 400.0K 400.0K $1.768M
Net Change In Cash -654.7K 23.55K -$2.005M
YoY Change -74.57% -98.9% -177.51%
FREE CASH FLOW
Cash From Operating Activities -$918.6K -$276.2K -$1.765M
Capital Expenditures $69.00K $25.58K $112.1K
Free Cash Flow -$987.6K -$301.7K -$1.877M
YoY Change 2.3% -43.9% -35.74%

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CY2020 us-gaap Increase Decrease In Accounts Receivable
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Proceeds From Issuance Of Common Stock
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CY2022 us-gaap Proceeds From Warrant Exercises
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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3334813 usd
CY2022 us-gaap Interest Paid Net
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CY2020 IQST Common Stock Payable Value
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357500 usd
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CY2022 IQST Common Stock Issued For Exercise Of Cashless Warrants
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1792582 usd
CY2020 IQST Resolution Of Derivative Liabilities Value
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708611 usd
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CY2022 IQST Common Stock Issued For Settlement Of Debt Value2
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CY2020 IQST Common Stock Issued For Settlement Of Debt Value2
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CY2020 IQST Common Stock Issued For Forbearance Of Debt Value
CommonStockIssuedForForbearanceOfDebtValue
49925 usd
CY2020 IQST Preferred Stock Issued For Conversion Of Common Stock
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CY2020 IQST Subscription Receivable
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CY2022 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
CY2022 dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
2011-06-24
CY2022 IQST Covid19
Covid19
<p id="xdx_846_ecustom--Covid19_zWmd4a9pwVGe" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white"><b><i>COVID-19</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white">A novel strain of coronavirus (COVID-19) was first identified in December 2019, and subsequently declared a global pandemic by the World Health Organization on March 11, 2020. As a result of the outbreak, many companies experienced disruptions in their operations and in markets served. The Company has instituted some and may take additional temporary precautionary measures intended to help ensure the well-being of its employees and minimize business disruption. The Company considered the impact of COVID-19 on the assumptions and estimates used and determined that there were no material adverse impacts on the Company’s results of operations and financial position at December 31, 2022. The full extent of the future impacts of COVID-19 on the Company’s operations is uncertain. A new prolonged outbreak could have a material adverse impact on financial results and business operations of the Company, including the timing and ability of the Company to collect accounts receivable and the ability of the Company to continue to provide high quality services to its clients. The Company is not aware of any specific event or circumstance that would require an update to its estimates or judgments or a revision of the carrying value of its assets or lia</span>bilities as of April 14, 2023, the d<span style="background-color: white">ate of issuance of this Annual Report on Form 10-K. These estimates may change, as new events occur, and additional information is obtained.</span></p>
CY2021Q4 us-gaap Other Prepaid Expense Current
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CY2021Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
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CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
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357500 usd
CY2022Q4 us-gaap Security Deposit
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CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
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CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
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CY2022 us-gaap Class Of Warrant Or Righst Date From Which Warrants Or Rights Exercisable
ClassOfWarrantOrRighstDateFromWhichWarrantsOrRightsExercisable
2022-09-30
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
500000 usd
CY2022 us-gaap Use Of Estimates
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<p id="xdx_84C_eus-gaap--UseOfEstimates_z7crgZqMneSl" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white"><b><i>Use of Estimates</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white">The preparation of the consolidated financial statements in conformity with GAAP in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2021Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2022Q4 us-gaap Loans Payable
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CY2021Q4 us-gaap Loans Payable
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235949 usd
CY2021Q4 us-gaap Loans Payable Current
LoansPayableCurrent
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AdjustmentsToAdditionalPaidInCapitalOther
1647150 usd
CY2022 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
34376 usd
CY2021 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
0 usd
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 usd
CY2021 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
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CY2022 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 usd
CY2021 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
250000 usd
CY2021 IQST Resolution Of Derivative Liabilities Value
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708611 usd
CY2022 us-gaap Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
<p id="xdx_80B_eus-gaap--DerivativesReportingOfDerivativeActivity_zpvcFgboAdv6" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 9 – WARRANTS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On April 5, 2022, we entered into a Common Stock Purchase Option Agreement with Apollo Management Group, Inc (Holder) to subscribe for and purchase from the Company, <span id="xdx_90E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted_c20220101__20221231_zzkVkPpzIkaa">4,800,000</span> shares of Common Stock with an exercise price per share of <span id="xdx_90B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_c20211231__20211231_zpnbFItXeiW6">$2.00</span>; and an initial exercisable date on <span id="xdx_90F_eus-gaap--ClassOfWarrantOrRighstDateFromWhichWarrantsOrRightsExercisable_c20220101__20221231_zrrGigxSAHla">September 30, 2022</span>. The purchase price of this option was <span id="xdx_902_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_c20220405_ziAIiZcopDv8">$500,000</span>. The Company determined that the warrants had a fixed monetary value with a variable number of shares at inception and categorized the warrants as a liability in the accompanying consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="xdx_90E_eus-gaap--OptionIndexedToIssuersEquitySettlementAlternatives_c20220101__20221231_ze7KsxrnOan6">The Holder and the Company agreed that the Holder had the right and the obligation to exercise, on a cashless basis, $1,000,000 of the Options not later than October 15, 2022. Thereafter, the Holder shall undertake to exercise not less than (i) <span id="xdx_90E_eus-gaap--WarrantsNotSettleableInCashFairValueDisclosure_iI_c20221114_zRKzRvijty9">$400,000</span> of the Options on a “cash basis” not later than the later of (y) November 14, 2022 or (z) the date on which there is an effective registration statement permitting the issuance of the Option Shares to or resale of the Option Shares by the Holder and (ii) an additional <span id="xdx_90E_eus-gaap--WarrantsNotSettleableInCashFairValueDisclosure_iI_c20221214_zC0IP0QCh9L7">$400,000</span> of the Options on a “cash basis” not later than the latest of (x) thirty (30) days following the exercise of the Option under subsection (i), above, (y) December 14, 2022, or (z) the date on which there is an effective registration statement permitting the issuance of the Option Shares to or resale of the Option Shares by the Holder. From and after the occurrence of the three above-referenced exercises, each additional exercise of Options hereunder shall be in an amount not less than $200,000 and exercised only on a cash basis.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="xdx_90A_eus-gaap--DebtInstrumentCallFeature_c20220101__20221231__us-gaap--ClassOfWarrantOrRightAxis__custom--ApolloManagementGroupMember_zVvSFhe0XAF5">The Holder’s obligation to exercise each specified portion of this option on the specific dates above is subject to the volume-weighted average price (“VWAP”, market value), being not less than $0.20 per share on the relevant option exercise date. Adjusted option shares at VWAP of $0.20 shall be 48,000,000 shares.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white">A summary of activity regarding warrants issued as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_884_eus-gaap--ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock_zoOz06Baen6f" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin-left: auto; border-collapse: collapse; width: 70%; margin-right: auto" summary="xdx: Disclosure - NOTE 9 - WARRANTS - Schedule of Warrant Summary (Details)"> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Warrants Outstanding</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="3" style="font-weight: bold"> </td><td style="font: bold 10pt Times New Roman, Times, Serif"> </td> <td colspan="3" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center">Weighted Average</td><td style="font: bold 10pt Times New Roman, Times, Serif"> </td> <td colspan="3" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center">Weighted Average Remaining</td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Warrants</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Exercise Price</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Contractual life (in years)</td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="3"> </td><td> </td> <td colspan="3"> </td><td> </td> <td colspan="3"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 5.4pt">Outstanding, December 31, 2021</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_902_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_iI_c20211231_z6e5aEkOgB67"><span style="-sec-ix-hidden: xdx2ixbrl1045">—</span></span>  </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_90E_eus-gaap--SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1_iI_c20211231_z92SCDcEvyF7"><span style="-sec-ix-hidden: xdx2ixbrl1046">—</span></span>  </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_907_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_d0_c20211231_zR7N9tD7ML6d"><span style="-sec-ix-hidden: xdx2ixbrl1047">—</span></span>  </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; width: 41%; padding-left: 5.4pt">Granted</td><td style="font: 10pt Times New Roman, Times, Serif; width: 5%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right"><span id="xdx_90E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted_c20220101__20221231_zg4MClAfSY72">4,800,000</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 13%; text-align: right"><span id="xdx_90B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_c20211231__20211231_zAbQdMpkaJ35">2.00</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 20%; text-align: right"><span id="xdx_906_ecustom--WeightedAverageRemainingLifeOfWarrantsGrantedInPeriod_dtY_c20220101__20221231_zaM9J1Kj0Wtk">1.49</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 5.4pt">Increase in number of warrants by VWAP</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_909_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsPeriodIncreaseDecrease_c20220101__20221231_zKr2XeDHfBY8">32,467,713</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_906_ecustom--IncreaseInNumberOfWarrantsWeightedAverageExercisePrice_c20211231__20211231_zUVPdFd1q5ih">0.17</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_909_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsIncreasedByVWAPOutstandingWeightedAverageRemainingLife_d0_c20220101__20221231_zLGVa3kKX1Dl"><span style="-sec-ix-hidden: xdx2ixbrl1053">—</span></span>  </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 5.4pt">Exercised</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">(<span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised_c20220101__20221231_zpe3PHdXoNK7">14,155,138</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left">)</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_90A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_c20211231__20211231_zP5CmI7yIine">0.18</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_903_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_dtY_c20220101__20221231_zWkEUZFU78Qi">0.97</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; padding-left: 5.4pt">Forfeited/canceled</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures_c20220101__20221231_zRYW6sQlSgff"><span style="-sec-ix-hidden: xdx2ixbrl1057">—</span></span>  </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_901_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_c20211231__20211231_zVWhdH52FYs5"><span style="-sec-ix-hidden: xdx2ixbrl1058">—</span></span>  </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_909_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTermsOfForfeited_d0_c20220101__20221231_zWh0wEZFOtsb"><span style="-sec-ix-hidden: xdx2ixbrl1059">—</span></span>  </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; padding-left: 5.4pt">Outstanding, December 31, 2022</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_900_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_iI_c20221231_zjXOArtCRqHl">23,112,575</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_90A_eus-gaap--SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1_iI_c20221231_z1DqbahF4FBg">0.17</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_902_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20221231_z5QPoonQ9QRe">0.75</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="margin-top: 0; margin-bottom: 0"/> <p style="margin-top: 0; margin-bottom: 0"> </p> <p style="margin-top: 0; margin-bottom: 0"/> <p style="margin-top: 0pt; margin-bottom: 0pt"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/>
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
4800000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.00
CY2022 IQST Conideration Of Whisl
ConiderationOfWhisl
<table cellpadding="0" cellspacing="0" id="xdx_88F_ecustom--ConiderationOfWhisl_zJAKw013qVoc" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 40%; margin-right: auto" summary="xdx: Disclosure - NOTE 4 - ACQUISITIONS - Whisl Consideration (Details)"> <tr style="vertical-align: bottom"> <td colspan="2" style="text-align: left; font-size: 11pt"> </td><td style="font-weight: bold"> </td> <td colspan="3" style="font-weight: bold; text-align: center">May 13,</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="text-align: left; font-size: 11pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Fair Value of Consideration:</b></span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2022</span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 31%; text-align: right"><span id="xdx_902_eus-gaap--BusinessAcquisitionCostOfAcquiredEntityTransactionCosts_iI_c20220513__us-gaap--BusinessAcquisitionAxis__custom--WhislTelecomLLCMember_zA5cdtUtV8zh">1,250,000</span></td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; font-size: 11pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_905_eus-gaap--StockIssuedDuringPeriodSharesAcquisitions_c20220513__20220513__us-gaap--BusinessAcquisitionAxis__custom--WhislTelecomLLCMember_zIjRHPEbdN82">1,461,653</span> shares of common stock</span></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_eus-gaap--StockIssuedDuringPeriodValueAcquisitions_c20220513__20220513__us-gaap--BusinessAcquisitionAxis__custom--WhislTelecomLLCMember__us-gaap--StatementClassOfStockAxis__us-gaap--RestrictedStockMember_z6G8MKTntXWa">550,000</span></td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; font-size: 11pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Purchase Price</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_90D_eus-gaap--AcquisitionCostsCumulative_iI_c20220601__us-gaap--BusinessAcquisitionAxis__custom--SmartbizTelecomLLCMember_zJ6tx6lX24R1">1,800,000</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>
CY2022 IQST Conideration Of Smartbiz
ConiderationOfSmartbiz
<table cellpadding="0" cellspacing="0" id="xdx_88E_ecustom--ConiderationOfSmartbiz_zY6nQwiaFWk8" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 40%; margin-right: auto" summary="xdx: Disclosure - NOTE 4 - ACQUISITIONS - Smartbiz Consideration (Details)"> <tr style="vertical-align: bottom"> <td colspan="2" style="text-align: left"> </td><td style="font: bold 10pt Times New Roman, Times, Serif"> </td> <td colspan="3" style="font: bold 10pt Times New Roman, Times, Serif; text-align: center">June 1,</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: left"><b>Fair Value of Consideration:</b></td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">2022</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 64%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td style="font: 10pt Times New Roman, Times, Serif; width: 31%; text-align: right"><span id="xdx_906_eus-gaap--BusinessAcquisitionCostOfAcquiredEntityTransactionCosts_iI_c20220601__us-gaap--BusinessAcquisitionAxis__custom--SmartbizTelecomLLCMember_zpXbHPSRKRq9">800,000</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_900_eus-gaap--StockIssuedDuringPeriodSharesAcquisitions_c20220501__20220601__us-gaap--BusinessAcquisitionAxis__custom--SmartbizTelecomLLCMember_zEDnF268Wrrj">2,850,330</span> shares of common stock</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_90A_eus-gaap--StockIssuedDuringPeriodValueAcquisitions_c20220501__20220601__us-gaap--BusinessAcquisitionAxis__custom--SmartbizTelecomLLCMember_zIqQ8rD8TMqa">1,000,000</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Purchase Price</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_90D_eus-gaap--AcquisitionCostsCumulative_iI_c20220601__us-gaap--BusinessAcquisitionAxis__custom--SmartbizTelecomLLCMember_z4vVlNOf6mrj">1,800,000</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>
CY2021Q4 us-gaap Common Stock Share Subscribed But Unissued Subscriptions Receivable
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
100000 usd
CY2022Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
120139 usd
CY2021Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
143187 usd
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
26600 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
656629 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
576419 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
401021 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
409382 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
120117 usd
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
91474 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
202492 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
442151 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
202492 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
434745 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
94342 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
315450 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
108150 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
119295 usd
CY2022 us-gaap Option Indexed To Issuers Equity Settlement Alternatives
OptionIndexedToIssuersEquitySettlementAlternatives
The Holder and the Company agreed that the Holder had the right and the obligation to exercise, on a cashless basis, $1,000,000 of the Options not later than October 15, 2022. Thereafter, the Holder shall undertake to exercise not less than (i) $400,000 of the Options on a “cash basis” not later than the later of (y) November 14, 2022 or (z) the date on which there is an effective registration statement permitting the issuance of the Option Shares to or resale of the Option Shares by the Holder and (ii) an additional $400,000 of the Options on a “cash basis” not later than the latest of (x) thirty (30) days following the exercise of the Option under subsection (i), above, (y) December 14, 2022, or (z) the date on which there is an effective registration statement permitting the issuance of the Option Shares to or resale of the Option Shares by the Holder. From and after the occurrence of the three above-referenced exercises, each additional exercise of Options hereunder shall be in an amount not less than $200,000 and exercised only on a cash basis.
CY2022Q4 us-gaap Warrants Not Settleable In Cash Fair Value Disclosure
WarrantsNotSettleableInCashFairValueDisclosure
400000 usd
CY2022Q4 us-gaap Warrants Not Settleable In Cash Fair Value Disclosure
WarrantsNotSettleableInCashFairValueDisclosure
400000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
4800000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.00
CY2022 IQST Weighted Average Remaining Life Of Warrants Granted In Period
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CY2021Q4 IQST Increase In Number Of Warrants Weighted Average Exercise Price
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
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CY2020Q4 us-gaap Derivative Fair Value Of Derivative Net
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CY2021 IQST Resolution Of Derivative Liabilities Value
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CY2021 us-gaap Debt Securities Held To Maturity Transfer Derivative Hedge Gain Loss
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CY2022 us-gaap Debtor Reorganization Items Write Off Of Deferred Financing Costs And Debt Discounts
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500000 usd
CY2022 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
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CY2022 IQST Resolution Of Derivative Liabilities Value
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CY2022 us-gaap Debt Securities Held To Maturity Transfer Derivative Hedge Gain Loss
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CY2022Q4 us-gaap Derivative Fair Value Of Derivative Net
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CY2022 us-gaap Unrealized Gain Loss On Derivatives
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943833 usd
CY2022 IQST Revaluation Of Derivative Liabilities
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CY2021 IQST Revaluation Of Derivative Liabilities
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CY2022 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
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CY2022 us-gaap Stock Issued During Period Shares New Issues
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CY2022 us-gaap Stock Issued During Period Value Acquisitions
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1550000 usd
CY2022 IQST Stock Issued During Period Value Asset Acquisition
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CY2021 us-gaap Stock Issued During Period Shares New Issues
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51638526 shares
CY2021 IQST Subscription Receivable
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100000 usd
CY2022Q1 us-gaap Common Stock Shares Subscriptions
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100000 usd
CY2021 us-gaap Extinguishment Of Debt Amount
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CY2021 us-gaap Stock Issued During Period Shares Issued For Services
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195000 shares
CY2021 us-gaap Stock Issued During Period Value Issued For Services
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284700 usd
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
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1037568 usd
CY2021 IQST Common Stock Issued For Forbearance Of Debt Value
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49925 usd
CY2021 us-gaap Debt Conversion Converted Instrument Amount1
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CY2021Q4 us-gaap Common Stock Shares Issued
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CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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21 pure
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CY2021 IQST Related Party Debt To Equity Swap Value
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CY2022 us-gaap Revenues
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CY2022 us-gaap Gross Profit
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2941177 usd
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
400000 shares

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
iqst-20221231_def.xml Edgar Link unprocessable
iqst-20221231_lab.xml Edgar Link unprocessable
iqst-20221231_cal.xml Edgar Link unprocessable
iqst-20221231_pre.xml Edgar Link unprocessable
0001663577-23-000196-index-headers.html Edgar Link pending
0001663577-23-000196-index.html Edgar Link pending
0001663577-23-000196.txt Edgar Link pending
0001663577-23-000196-xbrl.zip Edgar Link pending
ex31_1.htm Edgar Link pending
ex31_2.htm Edgar Link pending
ex32_1.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
iqst-20221231.xsd Edgar Link pending
iqst10k123122.htm Edgar Link pending
MetaLinks.json Edgar Link pending
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iqst10k123122_htm.xml Edgar Link completed
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