10-Q Filing

IQSTEL INC CIK: 1527702 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001078782-20-000625`
Period End Date	20200630
Filing Date	20200813
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	iqst-20200630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 104 Cash Flow Statement 98 Stockholders Equity 38

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Loans payable, unamortized discount	`LoansPayableUnamortizedDiscount1`	$457.45K	USD	Point-in-time
Loans payable, unamortized discount	`LoansPayableUnamortizedDiscount1`	$597.65K	USD	Point-in-time
Debt Instrument, Unamortized Discount, Noncurrent	`DebtInstrumentUnamortizedDiscountNoncurrent`	$48.56K	USD	Point-in-time
Debt Instrument, Unamortized Discount, Noncurrent	`DebtInstrumentUnamortizedDiscountNoncurrent`	$2.93K	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	1.20M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	1.20M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.57K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$270.50K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$779.55K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$80.49K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.76M	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.71M	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Due from related parties	`DueFromRelatedParties`	$316.86K	USD	Point-in-time
Due from related parties	`DueFromRelatedParties`	$287.88K	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseCurrent`	$79.13K	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseCurrent`	$91.97K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.85M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.44M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$287.97K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$351.41K	USD	Point-in-time
Intangible asset	`FiniteLivedIntangibleAssetsNet`	$21.88K	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	68.30M	shares	Point-in-time
Intangible asset	`FiniteLivedIntangibleAssetsNet`	-	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	18.01M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	68.30M	shares	Point-in-time
Goodwill	`Goodwill`	$1.54M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	18.01M	shares	Point-in-time
Goodwill	`Goodwill`	$1.46M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNet`	$420.52K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNet`	$429.76K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$6.19M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$5.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.29M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.28M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$34.63K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$154.62K	USD	Point-in-time
Loans payable, net of discount	`LoansPayableNetOfDiscount`	$89.67K	USD	Point-in-time
Loans payable, net of discount	`LoansPayableNetOfDiscount`	$1.21M	USD	Point-in-time
Loans payable - related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$1.93M	USD	Point-in-time
Loans payable - related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$1.89M	USD	Point-in-time
Current portion of convertible notes - net of discount of $457,454 and $597,654	`ConvertibleSubordinatedDebtCurrent`	$1.12M	USD	Point-in-time
Current portion of convertible notes - net of discount of $457,454 and $597,654	`ConvertibleSubordinatedDebtCurrent`	$1.25M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$848.48K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$675.23K	USD	Point-in-time
Derivative Liability, Current	`DerivativeLiabilitiesCurrent`	$4.74M	USD	Point-in-time
Derivative Liability, Current	`DerivativeLiabilitiesCurrent`	$1.16M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$8.52M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$11.15M	USD	Point-in-time
Convertible notes - net of discount of $2,929 and $48,558	`ConvertibleDebtNoncurrent`	$2.07K	USD	Point-in-time
Convertible notes - net of discount of $2,929 and $48,558	`ConvertibleDebtNoncurrent`	$11.44K	USD	Point-in-time
Loans payable	`LoansPayableToBank`	$270.61K	USD	Point-in-time
Loans payable	`LoansPayableToBank`	$178.02K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$8.94M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$11.37M	USD	Point-in-time
Preferred Stock, Value, Issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, Value, Issued	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, Value	`CommonStockValue`	$18.01K	USD	Point-in-time
Common Stock, Value	`CommonStockValue`	$68.30K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$8.69M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$3.24M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-10.73M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-8.13M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.31K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-181.00	USD	Point-in-time
Deficit attributed to stockholders of iQSTEL Inc.	`StockholdersEquity`	$-1.99M	USD	Point-in-time
Deficit attributed to stockholders of iQSTEL Inc.	`StockholdersEquity`	$-4.87M	USD	Point-in-time
Deficit attributable to noncontrolling interests	`MinorityInterest`	$-903.51K	USD	Point-in-time
Deficit attributable to noncontrolling interests	`MinorityInterest`	$-752.87K	USD	Point-in-time
Total stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.36M	USD	Point-in-time
Total stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.42M	USD	Point-in-time
Total stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.75M	USD	Point-in-time
Total stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.60M	USD	Point-in-time
Total stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-5.77M	USD	Point-in-time
Total stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-6.14M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$5.60M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$6.19M	USD	Point-in-time
Employee benefits, non-current	`EmployeeBenefitsNonCurrent`	$150.95K	USD	Point-in-time
Employee benefits, non-current	`EmployeeBenefitsNonCurrent`	$38.25K	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$4.25M	USD	1 Quarter
Revenues	`Revenues`	$8.42M	USD	2 Qtrs
Revenues	`Revenues`	$16.15M	USD	2 Qtrs
Revenues	`Revenues`	$11.13M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$15.58M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$10.40M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$8.07M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$4.35M	USD	1 Quarter
Gross profit	`GrossProfit`	$571.17K	USD	2 Qtrs
Gross profit	`GrossProfit`	$732.31K	USD	1 Quarter
Gross profit	`GrossProfit`	$-91.73K	USD	1 Quarter
Gross profit	`GrossProfit`	$343.85K	USD	2 Qtrs
General and administration	`GeneralAndAdministrativeExpense`	$2.20M	USD	2 Qtrs
General and administration	`GeneralAndAdministrativeExpense`	$905.02K	USD	1 Quarter
General and administration	`GeneralAndAdministrativeExpense`	$341.55K	USD	1 Quarter
General and administration	`GeneralAndAdministrativeExpense`	$532.06K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$341.55K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.20M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$532.06K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$905.02K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-1.63M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-188.21K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-172.71K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-433.28K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$24.73K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$8.81K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$2.60K	USD	2 Qtrs
Other expenses	`OtherNonoperatingExpense`	$233.00	USD	1 Quarter
Other expenses	`OtherNonoperatingExpense`	$3.00K	USD	1 Quarter
Other expenses	`OtherNonoperatingExpense`	$8.06K	USD	2 Qtrs
Other expenses	`OtherNonoperatingExpense`	$375.00	USD	2 Qtrs
Interest expense	`InterestExpense2`	$653.14K	USD	1 Quarter
Interest expense	`InterestExpense2`	$1.45M	USD	2 Qtrs
Interest expense	`InterestExpense2`	$776.16K	USD	2 Qtrs
Interest expense	`InterestExpense2`	$511.12K	USD	1 Quarter
Change in fair value of derivative liabilities	`ChangeInFairValueOfDerivativeLiabilities`	$460.40K	USD	1 Quarter
Change in fair value of derivative liabilities	`ChangeInFairValueOfDerivativeLiabilities`	$-547.67K	USD	2 Qtrs
Change in fair value of derivative liabilities	`ChangeInFairValueOfDerivativeLiabilities`	$254.25K	USD	2 Qtrs
Change in fair value of derivative liabilities	`ChangeInFairValueOfDerivativeLiabilities`	$1.91M	USD	1 Quarter
Gain on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$283.23K	USD	1 Quarter
Gain on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$283.23K	USD	2 Qtrs
Gain on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-1.32M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$1.55M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-900.36K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-50.96K	USD	1 Quarter
Net Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.38M	USD	1 Quarter
Net Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-484.24K	USD	1 Quarter
Net Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.53M	USD	2 Qtrs
Net Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.51M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-2.53M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.51M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$1.38M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-484.24K	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$72.73K	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$91.45K	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Net income (loss) attributed to stockholders of iQSTEL Inc.	`NetIncomeLoss`	$-2.60M	USD	2 Qtrs
Net income (loss) attributed to stockholders of iQSTEL Inc.	`NetIncomeLoss`	$1.29M	USD	1 Quarter
Net income (loss) attributed to stockholders of iQSTEL Inc.	`NetIncomeLoss`	$-484.24K	USD	1 Quarter
Net income (loss) attributed to stockholders of iQSTEL Inc.	`NetIncomeLoss`	$-1.51M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-2.53M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.51M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$1.38M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-484.24K	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest`	$30.31K	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest`	$33.59K	USD	2 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-484.24K	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.57M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.51M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.35M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$56.27K	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$76.59K	USD	1 Quarter
Net comprehensive income (loss) attributed to stockholders of iQSTEL Inc.	`ComprehensiveIncomeNetOfTax`	$-1.51M	USD	2 Qtrs
Net comprehensive income (loss) attributed to stockholders of iQSTEL Inc.	`ComprehensiveIncomeNetOfTax`	$-484.24K	USD	1 Quarter
Net comprehensive income (loss) attributed to stockholders of iQSTEL Inc.	`ComprehensiveIncomeNetOfTax`	$1.27M	USD	1 Quarter
Net comprehensive income (loss) attributed to stockholders of iQSTEL Inc.	`ComprehensiveIncomeNetOfTax`	$-2.62M	USD	2 Qtrs
Basic income (loss) per common share	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.03	USD	1 Quarter
Basic income (loss) per common share	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.02	USD	1 Quarter
Basic income (loss) per common share	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.06	USD	2 Qtrs
Basic income (loss) per common share	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.10	USD	2 Qtrs
Diluted loss per common share	`EarningsPerShareDiluted`	$-0.06	USD	2 Qtrs
Diluted loss per common share	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Diluted loss per common share	`EarningsPerShareDiluted`	$-0.10	USD	2 Qtrs
Diluted loss per common share	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Weighted average number of common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15.36M	shares	1 Quarter
Weighted average number of common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	43.93M	shares	2 Qtrs
Weighted average number of common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15.20M	shares	2 Qtrs
Weighted average number of common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	57.02M	shares	1 Quarter
Weighted average number of common shares outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.55M	shares	1 Quarter
Weighted average number of common shares outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.93M	shares	2 Qtrs
Weighted average number of common shares outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	15.36M	shares	1 Quarter
Weighted average number of common shares outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	15.20M	shares	2 Qtrs

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-2.53M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.51M	USD	2 Qtrs
Net loss	`ProfitLoss`	$1.38M	USD	1 Quarter
Net loss	`ProfitLoss`	$-484.24K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	-	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$500.03K	USD	2 Qtrs
Write-off of due from related party	`WriteOffOfDueFromRelatedParty`	$43.38K	USD	2 Qtrs
Write-off of due from related party	`WriteOffOfDueFromRelatedParty`	-	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$31.14K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.28K	USD	2 Qtrs
Amortization of debt discount	`AdjustmentForAmortization`	$725.65K	USD	2 Qtrs
Amortization of debt discount	`AdjustmentForAmortization`	$541.89K	USD	2 Qtrs
Change in fair value of derivative liabilities	`IncreaseDecreaseInDerivativeLiabilities`	$547.67K	USD	2 Qtrs
Change in fair value of derivative liabilities	`IncreaseDecreaseInDerivativeLiabilities`	$-254.25K	USD	2 Qtrs
Gain on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$283.23K	USD	1 Quarter
Gain on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$283.23K	USD	2 Qtrs
Gain on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Prepayment and Default penalty	`PrepaymentAndDefaultPenalty`	$239.27K	USD	2 Qtrs
Prepayment and Default penalty	`PrepaymentAndDefaultPenalty`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-71.73K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-228.93K	USD	2 Qtrs
Accounts receivable - related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	-	USD	2 Qtrs
Accounts receivable - related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$10.70K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherReceivables`	$91.58K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherReceivables`	$-14.93K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-351.27K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-30.40K	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-42.15K	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$347.19K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.13M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-667.74K	USD	2 Qtrs
Acquisition of subsidiary, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition of subsidiary, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-75.78K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.83K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Payment of loan receivable - related party	`PaymentsToFundLongtermLoansToRelatedParties`	$10.00K	USD	2 Qtrs
Payment of loan receivable - related party	`PaymentsToFundLongtermLoansToRelatedParties`	$14.79K	USD	2 Qtrs
Payment of due from related parties - related party	`PaymentOfDueFromRelatedPartiesRelatedParty`	$388.00	USD	2 Qtrs
Payment of due from related parties - related party	`PaymentOfDueFromRelatedPartiesRelatedParty`	$10.00K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.55K	USD	2 Qtrs
Bank overdraft	`BankOverdraft`	-	USD	2 Qtrs
Bank overdraft	`BankOverdraft`	$-82.00	USD	2 Qtrs
Proceeds from loans payable	`ProceedsFromOtherDebt`	$64.40K	USD	2 Qtrs
Proceeds from loans payable	`ProceedsFromOtherDebt`	$731.56K	USD	2 Qtrs
Repayments of loans payable	`RepaymentsOfOtherDebt`	$247.85K	USD	2 Qtrs
Repayments of loans payable	`RepaymentsOfOtherDebt`	$171.30K	USD	2 Qtrs
Proceeds from loans payable - related parties	`ProceedsFromRelatedPartyDebt`	$46.44K	USD	2 Qtrs
Proceeds from loans payable - related parties	`ProceedsFromRelatedPartyDebt`	$182.00	USD	2 Qtrs
Repayment of loans payable - related parties	`RepaymentsOfRelatedPartyDebt`	$32.40K	USD	2 Qtrs
Repayment of loans payable - related parties	`RepaymentsOfRelatedPartyDebt`	$197.00	USD	2 Qtrs
Contribution	`Contribution`	-	USD	2 Qtrs
Contribution	`Contribution`	$10.00K	USD	2 Qtrs
Common stock issued	`ProceedsFromIssuanceOfCommonStock`	$360.00K	USD	2 Qtrs
Common stock issued	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$1.05M	USD	2 Qtrs
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$1.26M	USD	2 Qtrs
Repayment of convertible notes	`RepaymentsOfConvertibleDebt`	$477.19K	USD	2 Qtrs
Repayment of convertible notes	`RepaymentsOfConvertibleDebt`	$221.90K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$743.65K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.63M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$6.31K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$509.05K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$75.92K	USD	2 Qtrs
Cash and Cash Equivalents, at Carrying Value, Beginning Balance	`CashAndCashEquivalentsAtCarryingValue`	$4.57K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value, Beginning Balance	`CashAndCashEquivalentsAtCarryingValue`	$270.50K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value, Beginning Balance	`CashAndCashEquivalentsAtCarryingValue`	$779.55K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value, Beginning Balance	`CashAndCashEquivalentsAtCarryingValue`	$80.49K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value, Ending Balance	`CashAndCashEquivalentsAtCarryingValue`	$4.57K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value, Ending Balance	`CashAndCashEquivalentsAtCarryingValue`	$270.50K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value, Ending Balance	`CashAndCashEquivalentsAtCarryingValue`	$779.55K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value, Ending Balance	`CashAndCashEquivalentsAtCarryingValue`	$80.49K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$353.52K	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$208.56K	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Derivative liabilities recognized as debt discount	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	$403.80K	USD	2 Qtrs
Derivative liabilities recognized as debt discount	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	$331.50K	USD	2 Qtrs
Common stock issued in conjunction with convertible notes	`CommonStockIssuedInConjunctionWithConvertibleNotes`	-	USD	2 Qtrs
Common stock issued in conjunction with convertible notes	`CommonStockIssuedInConjunctionWithConvertibleNotes`	$494.70K	USD	2 Qtrs
Common stock issued for conversion of debt	`DebtConversionConvertedInstrumentAmount1`	$5.00K	USD	2 Qtrs
Common stock issued for conversion of debt	`DebtConversionConvertedInstrumentAmount1`	$701.50K	USD	2 Qtrs
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	2 Qtrs
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.23K	USD	2 Qtrs
Resolution of derivative liabilities	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	-	USD	2 Qtrs
Resolution of derivative liabilities	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	$3.66M	USD	2 Qtrs
Common stock issued for settlement of debt. Value	`CommonStockIssuedForSettlementOfDebtValue`	-	USD	2 Qtrs
Common stock issued for settlement of debt. Value	`CommonStockIssuedForSettlementOfDebtValue`	$269.84K	USD	2 Qtrs
Common stock issued for settlement of debt. Value	`CommonStockIssuedForSettlementOfDebtValue`	$67.34K	USD	1 Quarter
Common stock issued for settlement of debt. Value	`CommonStockIssuedForSettlementOfDebtValue`	$202.50K	USD	1 Quarter
Amounts due for acquisition of IOT Labs	`FairValueOfAssetsAcquired`	-	USD	2 Qtrs
Amounts due for acquisition of IOT Labs	`FairValueOfAssetsAcquired`	$120.00K	USD	2 Qtrs
Common stock issued for forbearance of debt	`CommonStockIssuedForForbearanceOfDebt`	-	USD	2 Qtrs
Common stock issued for forbearance of debt	`CommonStockIssuedForForbearanceOfDebt`	$2.90K	USD	2 Qtrs
Replacement of convertible notes to note payable	`DebtConversionOriginalDebtAmount1`	-	USD	2 Qtrs
Replacement of convertible notes to note payable	`DebtConversionOriginalDebtAmount1`	$700.00K	USD	2 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Equity Balance, Starting	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.36M	USD	Point-in-time
Equity Balance, Starting	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.42M	USD	Point-in-time
Equity Balance, Starting	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.75M	USD	Point-in-time
Equity Balance, Starting	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.60M	USD	Point-in-time
Equity Balance, Starting	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-5.77M	USD	Point-in-time
Equity Balance, Starting	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-6.14M	USD	Point-in-time
Common stock issued for settlement of debt. Value	`CommonStockIssuedForSettlementOfDebtValue`	-	USD	2 Qtrs
Common stock issued for settlement of debt. Value	`CommonStockIssuedForSettlementOfDebtValue`	$269.84K	USD	2 Qtrs
Common stock issued for settlement of debt. Value	`CommonStockIssuedForSettlementOfDebtValue`	$67.34K	USD	1 Quarter
Common stock issued for settlement of debt. Value	`CommonStockIssuedForSettlementOfDebtValue`	$202.50K	USD	1 Quarter
Stock Issued During Period, Value, Issued for Services	`StockIssuedDuringPeriodValueIssuedForServices`	$450.03K	USD	1 Quarter
Common stock issued for forbearance of debt, Value	`CommonStockIssuedForForbearanceOfDebtValue`	$2.90K	USD	1 Quarter
Common stock issued for conversion of debt, Value	`CommonStockIssuedForConversionOfDebtValue`	$273.97K	USD	1 Quarter
Common stock issued for conversion of debt, Value	`CommonStockIssuedForConversionOfDebtValue`	$427.53K	USD	1 Quarter
Common stock issued for conversion of debt, Value	`CommonStockIssuedForConversionOfDebtValue`	$5.00K	USD	1 Quarter
Common stock issued for exercised cashless warrant. Value	`CommonStockIssuedForExercisedCashlessWarrantValue`	-	USD	1 Quarter
Common stock issued for exercised cashless warrant. Value	`CommonStockIssuedForExercisedCashlessWarrantValue`	-	USD	1 Quarter
Common stock issued for acquisition of Itsbchain LLC, Value	`CommonStockIssuedForAcquisitionOfItsbchainLlcValue`	$50.00K	USD	1 Quarter
Resolution of derivative liabilities, Value	`ResolutionOfDerivativeLiabilitiesValue`	$1.09M	USD	1 Quarter
Resolution of derivative liabilities, Value	`ResolutionOfDerivativeLiabilitiesValue`	$181.33K	USD	1 Quarter
Resolution of derivative liabilities, Value	`ResolutionOfDerivativeLiabilitiesValue`	$2.57M	USD	1 Quarter
Foreign currency translation adjustments, Value	`ForeignCurrencyTranslationAdjustmentsValue`	$-30.31K	USD	1 Quarter
Foreign currency translation adjustments, Value	`ForeignCurrencyTranslationAdjustmentsValue`	$-3.28K	USD	1 Quarter
Stock Issued During Period, Value, New Issues	`StockIssuedDuringPeriodValueNewIssues`	$360.00K	USD	1 Quarter
Stock Issued During Period, Value, Acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$94.37K	USD	1 Quarter
Common stock issued in conjunction with convertible notes, Value	`CommonStockIssuedInConjunctionWithConvertibleNotesValue`	$244.70K	USD	1 Quarter
Common stock issued in conjunction with convertible notes, Value	`CommonStockIssuedInConjunctionWithConvertibleNotesValue`	$250.00K	USD	1 Quarter
Capital contribution, Value	`CapitalContributionValue`	$10.00K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$1.38M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-3.91M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-1.03M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-484.24K	USD	1 Quarter
Equity Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.36M	USD	Point-in-time
Equity Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.42M	USD	Point-in-time
Equity Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.75M	USD	Point-in-time
Equity Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.60M	USD	Point-in-time
Equity Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-5.77M	USD	Point-in-time
Equity Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-6.14M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.