2024 Q4 Form 10-Q Financial Statement
#000166357724000281 Filed on November 14, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
Revenue | $54.25M | $47.25M | |
YoY Change | 36.45% | 67.88% | |
Cost Of Revenue | $52.23M | $45.61M | |
YoY Change | 34.86% | 57.27% | |
Gross Profit | $2.020M | $1.642M | |
YoY Change | 96.39% | -292.36% | |
Gross Profit Margin | 3.72% | 3.48% | |
Selling, General & Admin | $1.345M | ||
YoY Change | 7.41% | ||
% of Gross Profit | 81.91% | ||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $28.74K | ||
YoY Change | -0.55% | ||
% of Gross Profit | 1.75% | ||
Operating Expenses | $2.076M | $1.371M | |
YoY Change | 116.8% | 6.98% | |
Operating Profit | -$56.55K | $271.6K | |
YoY Change | -179.93% | -112.72% | |
Interest Expense | -$40.59K | ||
YoY Change | -98.47% | ||
% of Operating Profit | -14.94% | ||
Other Income/Expense, Net | -$646.8K | -$88.29K | |
YoY Change | 2503.63% | -509.32% | |
Pretax Income | -$703.4K | $55.12K | |
YoY Change | -1506.8% | -101.08% | |
Income Tax | $69.61K | $0.00 | |
% Of Pretax Income | 0.0% | ||
Net Earnings | -$773.0K | -$124.1K | |
YoY Change | 1146.52% | -97.51% | |
Net Earnings / Revenue | -1.42% | -0.26% | |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$0.01 | $0.00 | |
COMMON SHARES | |||
Basic Shares Outstanding | 186.2M shares | 183.5M shares | 171.5M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.363M | ||
YoY Change | 2.5% | ||
Cash & Equivalents | $2.125M | $1.363M | |
Short-Term Investments | |||
Other Short-Term Assets | $759.1K | ||
YoY Change | 1494.64% | ||
Inventory | $30.66K | $27.12K | |
Prepaid Expenses | $1.891M | $1.449M | |
Receivables | $14.98M | $12.54M | |
Other Receivables | $1.031M | ||
Total Short-Term Assets | $19.66M | $15.72M | |
YoY Change | 66.82% | 144.22% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $578.7K | $523.0K | |
YoY Change | 24.99% | 30.42% | |
Goodwill | $10.68M | $5.172M | |
YoY Change | 106.43% | 0.0% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $992.0K | $641.8K | |
YoY Change | 534.32% | 45.81% | |
Total Long-Term Assets | $12.77M | $6.436M | |
YoY Change | 101.62% | 5.29% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $19.66M | $15.72M | |
Total Long-Term Assets | $12.77M | $6.436M | |
Total Assets | $32.44M | $22.16M | |
YoY Change | 78.99% | 76.55% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $8.757M | $2.966M | |
YoY Change | 118.13% | 31.56% | |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $101.9K | ||
YoY Change | 7.97% | ||
Long-Term Debt Due | $3.232M | $752.6K | |
YoY Change | 1178.59% | 697.75% | |
Total Short-Term Liabilities | $24.07M | $13.84M | |
YoY Change | 142.75% | 114.53% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $99.10K | ||
YoY Change | -8.37% | ||
Other Long-Term Liabilities | $169.7K | ||
YoY Change | 10.05% | ||
Total Long-Term Liabilities | $283.6K | $268.8K | |
YoY Change | 14.85% | 2.46% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $24.07M | $13.84M | |
Total Long-Term Liabilities | $283.6K | $268.8K | |
Total Liabilities | $24.35M | $13.73M | |
YoY Change | 139.64% | 104.53% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$29.83M | -$26.08M | |
YoY Change | 14.89% | 6.45% | |
Common Stock | $357.2K | $172.1K | |
YoY Change | 109.85% | 6.52% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $8.089M | $8.424M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $32.44M | $22.16M | |
YoY Change | 78.99% | 76.55% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$773.0K | -$124.1K | |
YoY Change | 1146.52% | -97.51% | |
Depreciation, Depletion And Amortization | $28.74K | ||
YoY Change | -0.55% | ||
Cash From Operating Activities | -$1.054M | ||
YoY Change | 281.59% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | $60.05K | ||
YoY Change | 134.75% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $67.49K | ||
YoY Change | -190.35% | ||
Cash From Investing Activities | $7.450K | ||
YoY Change | -107.43% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 384.0K | ||
YoY Change | -4.01% | ||
NET CHANGE | |||
Cash From Operating Activities | -1.054M | ||
Cash From Investing Activities | 7.450K | ||
Cash From Financing Activities | 384.0K | ||
Net Change In Cash | -662.4K | ||
YoY Change | -2912.65% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.054M | ||
Capital Expenditures | $60.05K | ||
Free Cash Flow | -$1.114M | ||
YoY Change | 269.14% |
Facts In Submission
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---|---|---|---|---|
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2024 | ||
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Q3 | ||
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|
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000-55984 | ||
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|
iQSTEL Inc. | ||
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NV | ||
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45-2808620 | ||
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300 Aragon Avenue | ||
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Suite 375 | ||
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Coral Gables | ||
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FL | ||
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Minority Interest
MinorityInterest
|
377710 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8089298 | usd |
CY2024Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
32439118 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
22155653 | usd |
CY2024Q3 | us-gaap |
Revenues
Revenues
|
54249614 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
39757203 | usd |
us-gaap |
Revenues
Revenues
|
184346412 | usd | |
us-gaap |
Revenues
Revenues
|
97248561 | usd | |
CY2024Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
52229695 | usd |
CY2023Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
38728682 | usd |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
178737687 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
94218838 | usd | |
CY2024Q3 | us-gaap |
Gross Profit
GrossProfit
|
2019919 | usd |
CY2023Q3 | us-gaap |
Gross Profit
GrossProfit
|
1028521 | usd |
CY2024Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2076472 | usd |
CY2023Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
957768 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6144677 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3529218 | usd | |
CY2024Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
2076472 | usd |
CY2023Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
957768 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
6144677 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
3529218 | usd | |
CY2024Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-56553 | usd |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
70753 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-535952 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-499495 | usd | |
CY2024Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
7006 | usd |
CY2023Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
2607 | usd |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
88151 | usd | |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
3126 | usd | |
CY2024Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-5770 | usd |
CY2023Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-32505 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-6620 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-105714 | usd | |
CY2024Q3 | IQST |
Interest Expense2
InterestExpense2
|
672266 | usd |
CY2023Q3 | IQST |
Interest Expense2
InterestExpense2
|
34219 | usd |
IQST |
Interest Expense2
InterestExpense2
|
1533820 | usd | |
IQST |
Interest Expense2
InterestExpense2
|
54322 | usd | |
CY2024Q3 | IQST |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss1
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss1
|
51721 | usd |
CY2023Q3 | IQST |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss1
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss1
|
39273 | usd |
IQST |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss1
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss1
|
-1063789 | usd | |
IQST |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss1
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss1
|
381848 | usd | |
CY2024Q3 | us-gaap |
Debtor Reorganization Items Gain Loss On Settlement Of Other Claims Net1
DebtorReorganizationItemsGainLossOnSettlementOfOtherClaimsNet1
|
-27537 | usd |
us-gaap |
Debtor Reorganization Items Gain Loss On Settlement Of Other Claims Net1
DebtorReorganizationItemsGainLossOnSettlementOfOtherClaimsNet1
|
-130197 | usd | |
CY2024Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-646846 | usd |
CY2023Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-24844 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2646275 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
224938 | usd | |
CY2024Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-703399 | usd |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
45909 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3182227 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-274557 | usd | |
CY2024Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
69605 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
134880 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-773004 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
45909 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3317107 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-274557 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
150784 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
107922 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
424600 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
364586 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
-923788 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
-62013 | usd |
us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
-3741707 | usd | |
us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
-639143 | usd | |
CY2023Q3 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
-816480 | usd |
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
-816480 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-923788 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-878493 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3741707 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1455623 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-773004 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
45909 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3317107 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-274557 | usd | |
CY2023Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest
|
4428 | usd |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest
|
-142 | usd | |
CY2024Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-773004 | usd |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
41481 | usd |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-3317107 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-274415 | usd | |
CY2024Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
150784 | usd |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
105753 | usd |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
424600 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
364656 | usd | |
CY2024Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-923788 | usd |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-64272 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3741707 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-639071 | usd | |
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.02 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | ||
CY2024Q3 | IQST |
Weighted Average Number Of Share Outstanding Basic
WeightedAverageNumberOfShareOutstandingBasic
|
184284588 | shares |
CY2023Q3 | IQST |
Weighted Average Number Of Share Outstanding Basic
WeightedAverageNumberOfShareOutstandingBasic
|
168185122 | shares |
IQST |
Weighted Average Number Of Share Outstanding Basic
WeightedAverageNumberOfShareOutstandingBasic
|
179312685 | shares | |
IQST |
Weighted Average Number Of Share Outstanding Basic
WeightedAverageNumberOfShareOutstandingBasic
|
165640341 | shares | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8045872 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
31065 | usd |
CY2024Q1 | IQST |
Common Stock Issued For Settlement Of Debt Value1
CommonStockIssuedForSettlementOfDebtValue1
|
279660 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
597777 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-580216 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8374158 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
46600 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
400000 | usd |
CY2024Q2 | IQST |
Resolution Of Derivative Liabilities Value
ResolutionOfDerivativeLiabilitiesValue
|
239323 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
475685 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1963887 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7571879 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
337083 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
31820 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
175000 | usd |
CY2024Q3 | IQST |
Common Stock Payable Value
CommonStockPayableValue
|
100000 | usd |
CY2024Q3 | IQST |
Resolution Of Derivative Liabilities Value
ResolutionOfDerivativeLiabilitiesValue
|
646520 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-773004 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8089298 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5835417 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
400000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
11230 | usd |
CY2023Q1 | IQST |
Resolution Of Derivative Liabilities Value
ResolutionOfDerivativeLiabilitiesValue
|
240258 | usd |
CY2023Q1 | us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
1577 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-158822 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6329660 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
6900 | usd |
CY2023Q2 | us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
2993 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-161644 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6177909 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
12815 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
1000000 | usd |
CY2023Q3 | IQST |
Resolution Of Derivative Liabilities Value
ResolutionOfDerivativeLiabilitiesValue
|
735681 | usd |
CY2023Q3 | IQST |
Dividend To Non Controlling Interest
DividendToNonControllingInterest
|
-5050 | usd |
CY2023Q3 | us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
-4428 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
45909 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7962836 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3317107 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-274557 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
109485 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
30945 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1801 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1344 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
104061 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
103246 | usd | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
856922 | usd | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
21404 | usd | |
us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
1063789 | usd | |
us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
-381848 | usd | |
us-gaap |
Debtor Reorganization Items Gain Loss On Settlement Of Other Claims Net1
DebtorReorganizationItemsGainLossOnSettlementOfOtherClaimsNet1
|
-130197 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-11789409 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
3422703 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3537 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
997 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
434217 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1057311 | usd | |
us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
-69948 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-8331945 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
2604856 | usd | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-4495509 | usd | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
1870972 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2526651 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-434701 | usd | |
us-gaap |
Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
|
2730121 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
134016 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
164715 | usd | |
us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
-189767 | usd | |
us-gaap |
Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
|
119832 | usd | |
us-gaap |
Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
|
33602 | usd | |
us-gaap |
Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
|
13899 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2950367 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-340583 | usd | |
us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
2011100 | usd | |
us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
150000 | usd | |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
669121 | usd | |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
9006 | usd | |
us-gaap |
Increase Decrease In Notes Payable Related Parties
IncreaseDecreaseInNotesPayableRelatedParties
|
1000000 | usd | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
-333378 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
575000 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
1150000 | usd | |
us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
100000 | usd | |
us-gaap |
Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
|
3997500 | usd | |
us-gaap |
Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
|
250000 | usd | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
100000 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
-541612 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
-86238 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6239489 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1454756 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-7541 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
762471 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
671931 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1362668 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1329389 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2125139 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2001320 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
480431 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
25941 | usd | |
IQST |
Series B Preferred Stock Issued As Dividend
SeriesBPreferredStockIssuedAsDividend
|
816480 | usd | |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
597777 | usd | |
us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
337083 | shares | |
IQST |
Common Stock Issued For Settlement Of Debt Value1
CommonStockIssuedForSettlementOfDebtValue1
|
279660 | usd | |
IQST |
Cashless Warrants Exercised
CashlessWarrantsExercised
|
1815 | usd | |
IQST |
Resolution Of Derivative Liabilities Value
ResolutionOfDerivativeLiabilitiesValue
|
885843 | usd | |
IQST |
Resolution Of Derivative Liabilities Value
ResolutionOfDerivativeLiabilitiesValue
|
975939 | usd | |
IQST |
Note Payable Issued For Acquisition Of Subsidiary
NotePayableIssuedForAcquisitionOfSubsidiary
|
2000000 | usd | |
IQST |
Contingent Liability For Acquisition Of Subsidiary
ContingentLiabilityForAcquisitionOfSubsidiary
|
1000000 | usd | |
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | ||
dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2011-06-24 | ||
us-gaap |
Reclassifications
Reclassifications
|
<p id="xdx_84D_eus-gaap--Reclassifications_zhMBzSZW75fg" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 10pt; text-align: justify"><b><i>Reclassification</i></b></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 10pt; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 10pt; text-align: justify">Certain accounts from prior periods have been reclassified to conform to the current period presentation.</p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 10pt; text-align: justify"> </p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84C_eus-gaap--UseOfEstimates_ziQZix3ncg3e" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 10pt; text-align: justify"><b><i>Use of Estimates</i></b></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 10pt; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 10pt; text-align: justify">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.</p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 10pt; text-align: justify"> </p> | ||
CY2024Q3 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
2125139 | usd |
CY2023Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
1362668 | usd |
us-gaap |
Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
|
1801 | usd | |
us-gaap |
Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
|
1344 | usd | |
CY2024Q3 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
127569 | usd |
CY2023Q4 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
312116 | usd |
CY2024Q3 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
1203450 | usd |
CY2023Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
738050 | usd |
CY2024Q3 | us-gaap |
Advances On Inventory Purchases
AdvancesOnInventoryPurchases
|
21000 | usd |
CY2023Q4 | us-gaap |
Advances On Inventory Purchases
AdvancesOnInventoryPurchases
|
21000 | usd |
CY2024Q3 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
52294 | usd |
CY2023Q4 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
428 | usd |
CY2024Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
|
357500 | usd |
CY2023Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
|
357500 | usd |
CY2024Q3 | us-gaap |
Security Deposit
SecurityDeposit
|
128703 | usd |
CY2023Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
20000 | usd |
CY2024Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1890516 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1449094 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1538491 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1323432 | usd |
CY2024Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
959757 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
800435 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
578734 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
522997 | usd |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
104061 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
103246 | usd | |
CY2024Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3526493 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
367837 | usd |
CY2024Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
294484 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
3750 | usd |
CY2024Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
3232009 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
364087 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
3232009 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
264988 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
99099 | usd |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
669121 | usd | |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
9006 | usd | |
CY2024Q3 | us-gaap |
Loans Payable
LoansPayable
|
926069 | usd |
CY2023Q4 | us-gaap |
Loans Payable
LoansPayable
|
259447 | usd |
CY2024Q3 | us-gaap |
Other Loans Payable Current
OtherLoansPayableCurrent
|
926069 | usd |
CY2023Q4 | us-gaap |
Other Loans Payable Current
OtherLoansPayableCurrent
|
259447 | usd |
CY2024Q3 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
4039968 | usd |
CY2023Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
369044 | usd |
CY2024Q3 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
3549946 | usd |
CY2023Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
330032 | usd |
CY2024Q3 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
3549946 | usd |
CY2023Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
330032 | usd |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
333333 | usd | |
IQST |
Debt Conversion Converted Instrument Fee
DebtConversionConvertedInstrumentFee
|
3750 | usd | |
us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
3064394 | shares | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
14047021 | shares | |
CY2024Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
186176651 | shares |
CY2024Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
186176651 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
172129630 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
172129630 | shares |
IQST |
Proceeds From Issuance Of Unissued Common Stock
ProceedsFromIssuanceOfUnissuedCommonStock
|
100000 | usd | |
CY2024Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
171061 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
71061 | usd |
CY2024Q3 | us-gaap |
Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
|
2586452 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
|
136452 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1200000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q3 | us-gaap |
Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
|
635715 | usd |
CY2023Q4 | us-gaap |
Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
|
340515 | usd |
CY2023Q4 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
26613 | usd |
us-gaap |
Management Fee Expense
ManagementFeeExpense
|
634500 | usd | |
us-gaap |
Management Fee Expense
ManagementFeeExpense
|
402000 | usd | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
109485 | usd | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
30945 | usd | |
CY2024Q3 | us-gaap |
Financial Guarantee Insurance Contracts Risk Management Activities Mitigating Claim Liabilities Accrued Liabilities
FinancialGuaranteeInsuranceContractsRiskManagementActivitiesMitigatingClaimLiabilitiesAccruedLiabilities
|
316448 | usd |
CY2023Q4 | us-gaap |
Financial Guarantee Insurance Contracts Risk Management Activities Mitigating Claim Liabilities Accrued Liabilities
FinancialGuaranteeInsuranceContractsRiskManagementActivitiesMitigatingClaimLiabilitiesAccruedLiabilities
|
100128 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P12M | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
21335 | usd | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
4048 | usd | |
CY2024Q3 | us-gaap |
Revenues
Revenues
|
54249614 | usd |
CY2024Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
52229695 | usd |
CY2024Q3 | us-gaap |
Gross Profit
GrossProfit
|
2019919 | usd |
CY2024Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2076472 | usd |
CY2024Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-56553 | usd |
CY2024Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-646846 | usd |
CY2024Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
69605 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-773004 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
39757203 | usd |
CY2023Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
38728682 | usd |
CY2023Q3 | us-gaap |
Gross Profit
GrossProfit
|
1028521 | usd |
CY2023Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
957768 | usd |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
70753 | usd |
CY2023Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-24844 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
45909 | usd |
us-gaap |
Revenues
Revenues
|
184346412 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
178737687 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
5608725 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6144677 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-535952 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2646275 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
134880 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3317107 | usd | |
us-gaap |
Revenues
Revenues
|
97248561 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
94218838 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
3029723 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3529218 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-499495 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
224938 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-274557 | usd | |
IQST |
Asset Information By Geographic Segment
AssetInformationByGeographicSegment
|
<p id="xdx_895_ecustom--AssetInformationByGeographicSegment_zZk9gW2oajil" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"><span id="xdx_8B3_zuKphjiWSVs" style="display: none">NOTE 12 - SEGMENT - Schedule of Asset Information by Geographic Segment</span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 90%; margin-right: auto"> <tr> <td> </td> <td> </td> <td> </td> <td id="xdx_497_20240930__us-gaap--StatementBusinessSegmentsAxis__custom--USAMember_zTHpyFvbQWo6"> </td> <td> </td> <td> </td> <td> </td> <td id="xdx_494_20240930__us-gaap--StatementBusinessSegmentsAxis__custom--SwitzerlandMember_zLoqYiulecG2"> </td> <td> </td> <td> </td> <td> </td> <td id="xdx_495_20240930__us-gaap--StatementBusinessSegmentsAxis__custom--UnitedKingdomMember_zccPiCqXDuIg"> </td> <td> </td> <td> </td> <td> </td> <td id="xdx_495_20240930__us-gaap--StatementBusinessSegmentsAxis__custom--EliminationMember_zyCtg0qkxb79"> </td> <td> </td> <td> </td> <td> </td> <td id="xdx_491_20240930_zSsWGG4lM9Gk"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">September 30, 2024</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">USA</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Switzerland</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">UK</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Elimination</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total</td></tr> <tr id="xdx_401_eus-gaap--AssetsAbstract_iB_zAGc4gPKOYji" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 5.4pt">Assets</td><td style="font-size: 11pt"> </td> <td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt; text-align: right"> </td><td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt"> </td> <td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt; text-align: right"> </td><td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt"> </td> <td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt; text-align: right"> </td><td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt"> </td> <td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt; text-align: right"> </td><td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt"> </td> <td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt; text-align: right"> </td><td style="font-size: 11pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--AssetsCurrent_i01I_zruHW4ap5NDa" style="vertical-align: bottom; background-color: White"> <td style="width: 35%; text-align: left; text-indent: 10pt; padding-left: 5.4pt">Current assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">8,735,079</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">850,772</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">10,792,038</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">(712,903</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">19,664,986</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--AssetsNoncurrent_i01I_zt5vS5aMZw6c" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: 10pt; padding-left: 5.4pt">Non-current assets</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">23,373,710</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">830,653</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">754,331</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(12,184,562</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">12,774,132</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--LiabilitiesAbstract_iB_zr8S21iw7X68" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 5.4pt">Liabilities</td><td style="font-size: 11pt"> </td> <td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt; text-align: right"> </td><td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt"> </td> <td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt; text-align: right"> </td><td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt"> </td> <td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt; text-align: right"> </td><td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt"> </td> <td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt; text-align: right"> </td><td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt"> </td> <td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt; text-align: right"> </td><td style="font-size: 11pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--LiabilitiesCurrent_i01I_zRHNI0w35kn7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: 10pt; padding-left: 5.4pt">Current liabilities</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">13,130,629</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,705,110</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">9,943,398</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(712,903</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">24,066,234</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--LiabilitiesNoncurrent_i01I_zEXm1ngZJNMj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: 10pt; padding-left: 5.4pt">Non-current liabilities</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">139</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">169,599</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">113,848</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1638">—</span> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">283,586</td><td style="text-align: left"> </td></tr> </table> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin-left: auto; border-collapse: collapse; width: 80%; margin-right: auto"> <tr> <td> </td> <td> </td> <td> </td> <td id="xdx_49B_20231231__us-gaap--StatementBusinessSegmentsAxis__custom--USAMember_z5s4qC2zHNf5"> </td> <td> </td> <td> </td> <td> </td> <td id="xdx_49F_20231231__us-gaap--StatementBusinessSegmentsAxis__custom--SwitzerlandMember_z6ep7fcCrZaj"> </td> <td> </td> <td> </td> <td> </td> <td id="xdx_49A_20231231__us-gaap--StatementBusinessSegmentsAxis__custom--EliminationMember_zZdzsxWJiFFa"> </td> <td> </td> <td> </td> <td> </td> <td id="xdx_495_20231231_zWOpxORlarm"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: justify">December 31, 2023</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">USA</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">Switzerland</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">Elimination</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">Total</td></tr> <tr id="xdx_401_eus-gaap--AssetsAbstract_iB_zl4mkYGp12x5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-left: 5.4pt">Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--AssetsCurrent_i01I_zyLYlPHprnhl" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: 10pt; padding-left: 5.4pt; width: 40%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current assets</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 3%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14,537,969</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 3%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,874,627</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 3%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(693,424</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 3%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">15,719,172</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_406_eus-gaap--AssetsNoncurrent_i01I_zgBQMdh5zQ0e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: 10pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-current assets</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11,810,606</span></td><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></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">810,437</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(6,184,562</span></td><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></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6,436,481</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_40C_eus-gaap--LiabilitiesAbstract_iB_zzPHimDZVUQd" style="vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-left: 5.4pt">Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--LiabilitiesCurrent_i01I_zxvsR9qz4eGg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: 10pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current liabilities</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11,978,244</span></td><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></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,556,124</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(693,424</span></td><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></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13,840,944</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_40F_eus-gaap--LiabilitiesNoncurrent_i01I_zUyZGD2pldDe" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: 10pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-current liabilities</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">139</span></td><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></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">268,698</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1668">—</span> </span></td><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></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <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></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">268,837</span></td><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></td></tr> </table> | ||
CY2024Q3 | us-gaap |
Assets Current
AssetsCurrent
|
19664986 | usd |
CY2024Q3 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
12774132 | usd |
CY2024Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
24066234 | usd |
CY2024Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
283586 | usd |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
15719172 | usd |
CY2023Q4 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
6436481 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
13840944 | usd |
CY2023Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
268837 | usd |
us-gaap |
Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
|
<p id="xdx_80B_eus-gaap--DerivativesReportingOfDerivativeActivity_zlhCvEFriJcb" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"><b>NOTE 13 – WARRANTS</b></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify">On February 12, 2024, we issued a Common Stock Purchase Option (the “Option”) to ADI Funding LLC (“ADI Funding”) for <span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_c20240212__us-gaap--DebtInstrumentAxis__custom--ADIFundingLLCMember_zZBocyMQ772">$100,000</span> that expires on December 31, 2024, for the right to acquire up to <span id="xdx_909_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted_c20240212__20240212__us-gaap--DebtInstrumentAxis__custom--ADIFundingLLCMember_zvAvXXKGMo3c">10,000,000</span> shares of common stock. <span id="xdx_905_eus-gaap--DebtInstrumentCallFeature_c20240212__20240212__us-gaap--DebtInstrumentAxis__custom--ADIFundingLLCMember_zQrDKx1jiZRf">The exercise price per share of the common stock under the Option shall be (i) 70% of the VWAP of the common stock during the then 10 Trading Days immediately preceding, but not including the date of exercise if the VWAP is below $2.00 or (ii) seventy five percent (75%) of the VWAP of the common stock during the then 10 Trading Days immediately preceding, but not including the date of exercise if the VWAP is equal or above $2.00</span>.</p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"><span id="xdx_903_eus-gaap--OptionIndexedToIssuersEquitySettlementAlternatives_c20240212__20240212__us-gaap--DebtInstrumentAxis__custom--ADIFundingLLCMember_zY1IghCP7QD3">ADI Funding has the right and the obligation to exercise, on a “cash basis”, not less than (i) 2,000,000 of the shares of common stock underlying the option not later than the later of March 31, 2024 or the date on which there is an effective registration statement permitting the resale of the shares by ADI Funding. From and after the occurrence of the above-referenced exercise, each additional exercise of the Option shall be in an amount not less than 1,000,000 shares, which shall occur every thirty (30) days and shall be exercised only on a cash basis. ADI Funding’s obligation to exercise each specified portion of the Option is subject to the exercise price being not less than $0.11</span></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify">If the Company issues securities less than the exercise price of the option, ADI Funding has a right to also use that lesser price in the exercise of its Option. The Option also contains rights to any Company distributions and consideration in fundamental transactions.</p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify">The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in FASB ASC 480, <i>Distinguishing Liabilities from Equity</i> (“ASC 480”) and ASC 815, <i>Derivatives and Hedging</i> (“ASC 815”). The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own common shares and whether the warrant holders could potentially require “net cash settlement” in a circumstance outside of the Company’s control, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding.</p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify">The Company determined that the warrants had net cash settlement and categorized the warrants as a liability in the accompanying consolidated financial statements.</p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify">A summary of activity regarding warrants issued as follows:</p> <table cellpadding="0" cellspacing="0" id="xdx_880_eus-gaap--ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock_z92jviR5kVp9" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin-left: auto; border-collapse: collapse; width: 70%; margin-right: auto" summary="xdx: Disclosure - NOTE 13 - WARRANTS - Schedule of Warrant Summary (Details)"> <tr> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="text-align: left"><b> </b></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td colspan="7" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>Warrants Outstanding</b></td><td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2"><b> </b></td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="text-align: left"><b> </b></td><td><b> </b></td> <td colspan="3"><b> </b></td><td style="font: 10pt Times New Roman, Times, Serif"><b> </b></td> <td colspan="3" style="font: 10pt Times New Roman, Times, Serif; text-align: center"><b>Weighted Average</b></td><td style="font: 10pt Times New Roman, Times, Serif"><b> </b></td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center"><b>Weighted Average Remaining</b></td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="text-align: left"><b> </b></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td colspan="3" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>Shares</b></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td colspan="3" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>Exercise Price</b></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>Contractual life (in years)</b></td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="text-align: left"> </td><td> </td> <td colspan="3"> </td><td> </td> <td colspan="3"> </td><td> </td> <td colspan="2"> </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">Outstanding, December 31, 2023</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_iI_c20231231_z1gkNL3Hd8t4"><span style="-sec-ix-hidden: xdx2ixbrl1678">—</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_906_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iI_d0_c20231231_zo92bgv8fqsl">—</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--WarrantsAndRightsOutstandingTerm_iI_d0_c20231231_zsmjy1feHgU"><span style="-sec-ix-hidden: xdx2ixbrl1680">—</span></span> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; width: 22%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Granted</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: 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: 19%; text-align: right"><span id="xdx_90A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted_c20240101__20240930_zTwaQRVAe3Q3">10,000,000</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: 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: 19%; text-align: right"><span id="xdx_905_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_d0_c20240101__20240930_zSLtnd749oc9">0.88</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: 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: 19%; text-align: right"><span id="xdx_90C_ecustom--WeightedAverageRemainingLifeOfWarrantsGrantedInPeriod_pp2p2_dtY_c20240101__20240930_zXsNAu4fu8c4">0.88</span></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">Exercised</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_90B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised_c20240101__20240930_znhcTPKWqxth">5,227,273</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_905_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_d0_c20240101__20240930_z0We4XViPyle">0.11</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_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_dtY_c20240101__20240930_z88MclgrMd31"><span style="-sec-ix-hidden: xdx2ixbrl1686">—</span></span> </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">Forfeited/canceled</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_908_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures_c20240101__20240930_zGLFnb0NHSi1"><span style="-sec-ix-hidden: xdx2ixbrl1687">—</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_90D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageIntrinsicValue_d0_c20240101__20240930_zZI8azeFVpga">—</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_90B_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTermsOfForfeited_d0_c20240101__20240930_zwkM7fMRKrel"><span style="-sec-ix-hidden: xdx2ixbrl1689">—</span></span> </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">Outstanding, September 30, 2024</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_903_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_iI_c20240930_zggRVGL5Pt33">4,772,727</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_901_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iI_d0_c20240930_zfAmMbVy1Ata">0.11</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--WarrantsAndRightsOutstandingTerm_iI_pp2p2_dtY_c20240930_zZo9dU9mAUlh">0.25</span></td></tr> </table> <p style="margin-top: 0; margin-bottom: 0"></p> <p style="margin-top: 0; margin-bottom: 0"> </p> <p style="margin-top: 0; margin-bottom: 0"></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify">The intrinsic value of the warrants as of September 30, 2024 is approximately <span id="xdx_90B_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_iI_c20240930_zp8q43eseNdb">$253,000</span>. All of the outstanding warrants are exercisable as of September 30, 2024; however, each exercise is subject to a beneficial ownership limitation of <span id="xdx_909_eus-gaap--VariableInterestEntityOwnershipPercentage_c20240101__20240930_zPa4061YO59a">4.99%</span> of the Company’s outstanding common stock, which, upon notice, may be increased to <span id="xdx_90A_eus-gaap--VariableInterestEntityOwnershipPercentage_c20240101__20240930__us-gaap--DebtInstrumentAxis__custom--BeneficialOwnershipLimitationUponNoticeMember_zIbaJHZxhnhd">9.99%</span>.</p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"><i>Fair Value Assumptions Used in Accounting for Derivative Liabilities</i></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify">ASC 815 requires we assess the fair market value of derivative liabilities at the end of each reporting period and recognize any change in the fair market value as other income or expense.</p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify">The Company determined our derivative liabilities to be a Level 3 fair value measurement and used the Black-Scholes pricing model to calculate the fair value as of September 30, 2024. The Black-Scholes model requires six basic data inputs: the exercise or strike price, time to expiration, the risk-free interest rate, the current stock price, the estimated volatility of the stock price in the future, and the dividend rate. Changes to these inputs could produce a significantly higher or lower fair value measurement. </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify"></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify">As of September 30, 2024, the estimated fair values of the liabilities measured on a recurring basis are as follows:</p> <table cellpadding="0" cellspacing="0" id="xdx_884_eus-gaap--FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_zBehjVOO5Oyj" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 40%; margin-right: auto" summary="xdx: Disclosure - NOTE 13 - WARRANTS - Schedule of Fair Value Measurement of Liabilities (Details)"> <tr> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 50%; text-align: left; padding-left: 5.4pt">Expected term</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 48%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_900_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20240930__20240930__us-gaap--ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis__srt--MinimumMember_z3J2tVxPN8y">0.25</span> - <span id="xdx_90F_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20240930__20240930__us-gaap--ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis__srt--MaximumMember_zr0M4vOICknk">0.65</span> years </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 5.4pt">Expected average volatility</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_90B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum_c20240930__20240930__us-gaap--ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis__srt--MinimumMember_zzebYFToNrR4">78%</span> - <span id="xdx_906_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum_c20240930__20240930__us-gaap--ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis__srt--MaximumMember_zZOZfPQf4kY6">118%</span> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 5.4pt">Expected dividend yield</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">— </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 5.4pt">Risk-free interest rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_904_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum_c20240930__20240930__us-gaap--ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis__srt--MinimumMember_zlT9ftOI0bi8">4.73%</span> - <span id="xdx_907_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum_c20240930__20240930__us-gaap--ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis__srt--MaximumMember_zt78sdNdT545">5.44%</span> </span></td></tr> </table> <p style="margin-top: 0; margin-bottom: 0"></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0pt 10pt; text-align: justify">The following table summarizes the changes in the derivative liabilities during the nine months ended September 30, 2024:</p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_88F_eus-gaap--FairValueDisclosureOfAssetAndLiabilityNotMeasuredAtFairValueTableTextBlock_zk4unjkukX8" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 60%; margin-right: auto" summary="xdx: Disclosure - NOTE 13 - WARRANTS - Fair Value Measurements Using Significant Observable Inputs (Details)"> <tr style="vertical-align: bottom"> <td colspan="5" style="border-bottom: Black 1pt solid; text-align: center"><b>Fair Value Measurements Using Significant Observable Inputs (Level 3)</b></td></tr> <tr style="vertical-align: bottom"> <td style="font-size: 11pt"> </td><td style="font-size: 11pt"> </td> <td colspan="3" style="font-size: 11pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 5.4pt">Balance - December 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_904_eus-gaap--DerivativeFairValueOfDerivativeNet_iI_pp0p0_c20231231_z6XgEL1TCSY8"><span style="-sec-ix-hidden: xdx2ixbrl1706">—</span></span> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-size: 11pt; padding-left: 5.4pt"> </td><td style="font-size: 11pt"> </td> <td style="font-size: 11pt; text-align: left"> </td><td style="font-size: 11pt; text-align: right"> </td><td style="font-size: 11pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 70%; text-align: left; padding-left: 5.4pt">Addition of new derivatives recognized as cash received</td><td style="width: 10%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 18%; text-align: right"><span id="xdx_900_eus-gaap--DebtorReorganizationItemsWriteOffOfDeferredFinancingCostsAndDebtDiscounts_c20240101__20240930_z6TyCYGW4efg">100,000</span></td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 5.4pt">Exercise on issuance of common stock</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(<span id="xdx_901_ecustom--ResolutionOfDerivativeLiabilitiesValue_pp0p0_c20240101__20240930_zJq0YcV7D8Cl">885,843</span></td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt">Change in fair value of the warrant</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_909_eus-gaap--DebtSecuritiesHeldToMaturityTransferDerivativeHedgeGainLoss_pp0p0_c20240101__20240930_zXmjj8DqxGUd">1,063,789</span></td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; padding-left: 5.4pt">Balance - September 30, 2024</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_909_eus-gaap--DerivativeFairValueOfDerivativeNet_iI_pp0p0_c20240930_zhYYUkAumSif">277,946</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> | ||
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
10000000 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.88 | ||
IQST |
Weighted Average Remaining Life Of Warrants Granted In Period
WeightedAverageRemainingLifeOfWarrantsGrantedInPeriod
|
P0Y10M17D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
5227273 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.11 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageIntrinsicValue
|
0 | ||
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
4772727 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.11 | |
CY2024Q3 | us-gaap |
Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
|
P0Y3M | |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
|
253000 | usd |
us-gaap |
Variable Interest Entity Ownership Percentage
VariableInterestEntityOwnershipPercentage
|
0.0499 | pure | |
us-gaap |
Debtor Reorganization Items Write Off Of Deferred Financing Costs And Debt Discounts
DebtorReorganizationItemsWriteOffOfDeferredFinancingCostsAndDebtDiscounts
|
100000 | usd | |
IQST |
Resolution Of Derivative Liabilities Value
ResolutionOfDerivativeLiabilitiesValue
|
885843 | usd | |
us-gaap |
Debt Securities Held To Maturity Transfer Derivative Hedge Gain Loss
DebtSecuritiesHeldToMaturityTransferDerivativeHedgeGainLoss
|
1063789 | usd | |
CY2024Q3 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
277946 | usd |