10-Q Filing

IQSTEL INC CIK: 1527702 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001663577-21-000424`
Period End Date	20210630
Filing Date	20210816
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	iqst10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 102 Cash Flow Statement 98 Stockholders Equity 54

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Loans payable, discount	`DebtInstrumentUnamortizedDiscount`	-	USD	Point-in-time
Loans payable, discount	`DebtInstrumentUnamortizedDiscount`	$19.22K	USD	Point-in-time
Loans payable, unamortized discount	`LoansPayableUnamortizedDiscount1`	$370.11K	USD	Point-in-time
Loans payable, unamortized discount	`LoansPayableUnamortizedDiscount1`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$753.32K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$779.55K	USD	Point-in-time
Debt Instrument, Unamortized Discount, Noncurrent	`DebtInstrumentUnamortizedDiscountNoncurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$270.50K	USD	Point-in-time
Debt Instrument, Unamortized Discount, Noncurrent	`DebtInstrumentUnamortizedDiscountNoncurrent`	$2.18K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$3.26M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.53M	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
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Due from related parties	`DueFromRelatedParties`	$221.79K	USD	Point-in-time
Due from related parties	`DueFromRelatedParties`	$245.81K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseCurrent`	$205.19K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	10,000.00	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseCurrent`	$78.16K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	10,000.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	10,000.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	10,000.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$5.56M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.58M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$359.20K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$350.53K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Intangible asset	`FiniteLivedIntangibleAssetsNet`	$21.88K	USD	Point-in-time
Intangible asset	`FiniteLivedIntangibleAssetsNet`	$35.07K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	141.66M	shares	Point-in-time
Goodwill	`Goodwill`	$1.54M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	118.13M	shares	Point-in-time
Goodwill	`Goodwill`	$1.54M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	141.66M	shares	Point-in-time
Deferred tax assets	`DeferredTaxAssetsDeferredIncome`	$460.04K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsDeferredIncome`	$439.77K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	118.13M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$7.94M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$5.95M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.65M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$34.62K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$94.62K	USD	Point-in-time
Loans payable - net of discount of $0 and $19,221	`LoansPayableNetOfDiscount`	$103.82K	USD	Point-in-time
Loans payable - net of discount of $0 and $19,221	`LoansPayableNetOfDiscount`	$1.33M	USD	Point-in-time
Loans payable - related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$2.05M	USD	Point-in-time
Loans payable - related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$1.13M	USD	Point-in-time
Current portion of convertible notes - net of discount of $0 and $370,106	`ConvertibleSubordinatedDebtCurrent`	-	USD	Point-in-time
Current portion of convertible notes - net of discount of $0 and $370,106	`ConvertibleSubordinatedDebtCurrent`	$253.55K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$272.16K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$413.68K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$1.03M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$7.91M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.19M	USD	Point-in-time
Convertible notes - net of discount of $0 and $2,184	`ConvertibleDebtNoncurrent`	-	USD	Point-in-time
Convertible notes - net of discount of $0 and $2,184	`ConvertibleDebtNoncurrent`	$2.82K	USD	Point-in-time
Loans payable, non-current	`LoansPayableToBank`	$270.84K	USD	Point-in-time
Loans payable, non-current	`LoansPayableToBank`	$136.61K	USD	Point-in-time
Employee benefits, non-current	`EmployeeBenefitsNonCurrent`	$161.21K	USD	Point-in-time
Employee benefits, non-current	`EmployeeBenefitsNonCurrent`	$154.11K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$4.48M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$8.35M	USD	Point-in-time
Common stock: 300,000,000 authorized; $0.001 par value 141,657,358 and 118,133,432 shares issued and outstanding, respectively	`CommonStockValue`	$141.66K	USD	Point-in-time
Common stock: 300,000,000 authorized; $0.001 par value 141,657,358 and 118,133,432 shares issued and outstanding, respectively	`CommonStockValue`	$118.13K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$22.05M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$13.27M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-17.63M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-14.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-74.83K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-48.83K	USD	Point-in-time
Equity (Deficit) attributed to stockholders of iQSTEL Inc.	`StockholdersEquity`	$-5.21M	USD	Point-in-time
Equity (Deficit) attributed to stockholders of iQSTEL Inc.	`StockholdersEquity`	$4.51M	USD	Point-in-time
Equity (Deficit) attributed to stockholders of iQSTEL Inc.	`StockholdersEquity`	$2.25M	USD	Point-in-time
Equity (Deficit) attributed to stockholders of iQSTEL Inc.	`StockholdersEquity`	$-4.87M	USD	Point-in-time
Equity (Deficit) attributed to stockholders of iQSTEL Inc.	`StockholdersEquity`	$-1.39M	USD	Point-in-time
Equity (Deficit) attributed to stockholders of iQSTEL Inc.	`StockholdersEquity`	$-1.99M	USD	Point-in-time
Deficit attributable to noncontrolling interests	`MinorityInterest`	$-1.01M	USD	Point-in-time
Deficit attributable to noncontrolling interests	`MinorityInterest`	$-1.05M	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.40M	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.46M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$5.95M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$7.94M	USD	Point-in-time

Income Statement 102 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$16.13M	USD	1 Quarter
Revenues	`Revenues`	$11.13M	USD	1 Quarter
Revenues	`Revenues`	$16.15M	USD	2 Qtrs
Revenues	`Revenues`	$30.33M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$15.58M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$29.79M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$10.40M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$16.08M	USD	1 Quarter
Gross profit	`GrossProfit`	$44.56K	USD	1 Quarter
Gross profit	`GrossProfit`	$531.93K	USD	2 Qtrs
Gross profit	`GrossProfit`	$732.31K	USD	1 Quarter
Gross profit	`GrossProfit`	$571.17K	USD	2 Qtrs
General and administration	`GeneralAndAdministrativeExpense`	$2.20M	USD	2 Qtrs
General and administration	`GeneralAndAdministrativeExpense`	$1.21M	USD	1 Quarter
General and administration	`GeneralAndAdministrativeExpense`	$2.71M	USD	2 Qtrs
General and administration	`GeneralAndAdministrativeExpense`	$905.02K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.71M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.20M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.21M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$905.02K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.63M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-172.71K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.18M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.16M	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$29.18K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$24.73K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$8.81K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$4.14K	USD	1 Quarter
Other expenses	`OtherNonoperatingExpense`	$8.06K	USD	2 Qtrs
Other expenses	`OtherNonoperatingExpense`	$427.00	USD	1 Quarter
Other expenses	`OtherNonoperatingExpense`	$3.00K	USD	1 Quarter
Other expenses	`OtherNonoperatingExpense`	$896.00	USD	2 Qtrs
Interest expense	`InterestExpense2`	$1.45M	USD	2 Qtrs
Interest expense	`InterestExpense2`	$642.09K	USD	2 Qtrs
Interest expense	`InterestExpense2`	$12.06K	USD	1 Quarter
Interest expense	`InterestExpense2`	$653.14K	USD	1 Quarter
Change in fair value of derivative liabilities	`FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss1`	$317.08K	USD	2 Qtrs
Change in fair value of derivative liabilities	`FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss1`	$39.51K	USD	1 Quarter
Change in fair value of derivative liabilities	`FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss1`	$1.91M	USD	1 Quarter
Change in fair value of derivative liabilities	`FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss1`	$254.25K	USD	2 Qtrs
Gain (loss) on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$11.07K	USD	1 Quarter
Gain (loss) on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$283.23K	USD	2 Qtrs
Gain (loss) on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$283.23K	USD	1 Quarter
Gain (loss) on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$-528.79K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$1.55M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$42.23K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-825.52K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-900.36K	USD	2 Qtrs
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.53M	USD	2 Qtrs
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.12M	USD	1 Quarter
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.00M	USD	2 Qtrs
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.38M	USD	1 Quarter
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`	$-1.12M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.38M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.00M	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-135.00K	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$72.73K	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$91.45K	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-71.09K	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`	$-1.94M	USD	1 Quarter
Net income (loss) attributed to stockholders of iQSTEL Inc.	`NetIncomeLoss`	$-3.89M	USD	1 Quarter
Net income (loss) attributed to stockholders of iQSTEL Inc.	`NetIncomeLoss`	$-2.93M	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`	$-987.38K	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest`	$30.31K	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest`	$-50.99K	USD	2 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest`	$33.59K	USD	2 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest`	$56.66K	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.18M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.95M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.57M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.35M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$76.59K	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$56.27K	USD	2 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-162.76K	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-46.11K	USD	2 Qtrs
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`	$-2.90M	USD	2 Qtrs
Net comprehensive income (loss) attributed to stockholders of iQSTEL Inc.	`ComprehensiveIncomeNetOfTax`	$-1.02M	USD	1 Quarter
Net comprehensive income (loss) attributed to stockholders of iQSTEL Inc.	`ComprehensiveIncomeNetOfTax`	$-2.62M	USD	2 Qtrs
Basic earnings (loss) per common share	`EarningsPerShareBasic`	$-0.06	USD	2 Qtrs
Basic earnings (loss) per common share	`EarningsPerShareBasic`	$-0.02	USD	2 Qtrs
Basic earnings (loss) per common share	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Basic earnings (loss) per common share	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Diluted loss per common share	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted loss per common share	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted loss per common share	`EarningsPerShareDiluted`	$-0.02	USD	2 Qtrs
Diluted loss per common share	`EarningsPerShareDiluted`	$-0.06	USD	2 Qtrs
Weighted average number of common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	139.08M	shares	1 Quarter
Weighted average number of common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	57.02M	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`	128.84M	shares	2 Qtrs
Weighted average number of common shares outstanding - Diluted	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	68.55M	shares	1 Quarter
Weighted average number of common shares outstanding - Diluted	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	43.93M	shares	2 Qtrs
Weighted average number of common shares outstanding - Diluted	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	128.84M	shares	2 Qtrs
Weighted average number of common shares outstanding - Diluted	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	139.08M	shares	1 Quarter

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-2.53M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.12M	USD	1 Quarter
Net loss	`ProfitLoss`	$1.38M	USD	1 Quarter
Net loss	`ProfitLoss`	$-3.00M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$500.03K	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$1.17M	USD	2 Qtrs
Write-off of due from related party	`WriteOffOfDueFromRelatedParty`	-	USD	2 Qtrs
Write-off of due from related party	`WriteOffOfDueFromRelatedParty`	$43.38K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$42.42K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$31.14K	USD	2 Qtrs
Amortization of debt discount	`AdjustmentForAmortization`	$435.96K	USD	2 Qtrs
Amortization of debt discount	`AdjustmentForAmortization`	$725.65K	USD	2 Qtrs
Change in fair value of derivative liabilities	`IncreaseDecreaseInDerivativeLiabilities`	$-317.08K	USD	2 Qtrs
Change in fair value of derivative liabilities	`IncreaseDecreaseInDerivativeLiabilities`	$-254.25K	USD	2 Qtrs
(Gain) loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$11.07K	USD	1 Quarter
(Gain) loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$283.23K	USD	2 Qtrs
(Gain) loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$283.23K	USD	1 Quarter
(Gain) loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$-528.79K	USD	2 Qtrs
Prepayment and Default penalty	`PrepaymentAndDefaultPenalty`	$239.27K	USD	2 Qtrs
Prepayment and Default penalty	`PrepaymentAndDefaultPenalty`	$122.02K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$784.13K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-71.73K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-14.93K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$130.28K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-31.92K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-30.40K	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-129.12K	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`	$-2.09M	USD	2 Qtrs
Acquisition of subsidiary, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$75.78K	USD	2 Qtrs
Acquisition of subsidiary, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-60.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.83K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$68.84K	USD	2 Qtrs
Payment of loan receivable - related party	`PaymentsToFundLongtermLoansToRelatedParties`	$14.79K	USD	2 Qtrs
Payment of loan receivable - related party	`PaymentsToFundLongtermLoansToRelatedParties`	$24.22K	USD	2 Qtrs
Collection from due from related parties - related party	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$388.00	USD	2 Qtrs
Collection from due from related parties - related party	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$200.00	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-152.86K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.55K	USD	2 Qtrs
Proceeds from loans payable	`ProceedsFromOtherDebt`	$400.00K	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`	$321.61K	USD	2 Qtrs
Proceeds from loans payable - related parties	`ProceedsFromRelatedPartyDebt`	-	USD	2 Qtrs
Proceeds from loans payable - related parties	`ProceedsFromRelatedPartyDebt`	$182.00	USD	2 Qtrs
Repayment of loans payable - related parties	`RepaymentsOfRelatedPartyDebt`	$197.00	USD	2 Qtrs
Repayment of loans payable - related parties	`RepaymentsOfRelatedPartyDebt`	$60.79K	USD	2 Qtrs
Common stock issued	`ProceedsFromIssuanceOfCommonStock`	$3.59M	USD	2 Qtrs
Common stock issued	`ProceedsFromIssuanceOfCommonStock`	$360.00K	USD	2 Qtrs
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$1.26M	USD	2 Qtrs
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Repayment of convertible notes	`RepaymentsOfConvertibleDebt`	$250.00K	USD	2 Qtrs
Repayment of convertible notes	`RepaymentsOfConvertibleDebt`	$477.19K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.63M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.35M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$6.31K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-11.44K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$509.05K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.10M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.85M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$753.32K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$779.55K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$270.50K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.85M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$753.32K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$779.55K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$270.50K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$117.20K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$353.52K	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	`DerivativeLiabilitiesRecognizedAsDebtDiscount`	$331.50K	USD	2 Qtrs
Derivative liabilities recognized as debt discount	`DerivativeLiabilitiesRecognizedAsDebtDiscount`	-	USD	2 Qtrs
Common stock issued for conversion of debt	`DebtConversionConvertedInstrumentAmount1`	$422.30K	USD	2 Qtrs
Common stock issued for conversion of debt	`DebtConversionConvertedInstrumentAmount1`	$701.50K	USD	2 Qtrs
Cashless warrant exercised	`ProceedsFromWarrantExercises`	$3.23K	USD	2 Qtrs
Cashless warrant exercised	`ProceedsFromWarrantExercises`	-	USD	2 Qtrs
Resolution of derivative liabilities	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	$3.66M	USD	2 Qtrs
Resolution of derivative liabilities	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	$708.61K	USD	2 Qtrs
Related party debt forgiveness	`DebtInstrumentDecreaseForgiveness`	$807.10K	USD	1 Quarter
Related party debt forgiveness	`DebtInstrumentDecreaseForgiveness`	$807.10K	USD	2 Qtrs
Related party debt forgiveness	`DebtInstrumentDecreaseForgiveness`	-	USD	2 Qtrs
Common stock issued for settlement of debt	`CommonStockIssuedForSettlementOfDebtValue1`	$2.06M	USD	1 Quarter
Common stock issued for settlement of debt	`CommonStockIssuedForSettlementOfDebtValue1`	$202.50K	USD	1 Quarter
Common stock issued for settlement of debt	`CommonStockIssuedForSettlementOfDebtValue1`	$269.84K	USD	2 Qtrs
Common stock issued for settlement of debt	`CommonStockIssuedForSettlementOfDebtValue1`	$2.06M	USD	2 Qtrs
Common stock issued for settlement of debt	`CommonStockIssuedForSettlementOfDebtValue1`	$67.34K	USD	1 Quarter
Amount owing for acquisition of IOT	`AmountOwingForAcquisitionOfIOT`	-	USD	2 Qtrs
Amount owing for acquisition of IOT	`AmountOwingForAcquisitionOfIOT`	$120.00K	USD	2 Qtrs
Common stock issued for forbearance of debt	`CommonStockIssuedForForbearanceOfDebtValue`	$2.90K	USD	1 Quarter
Common stock issued for forbearance of debt	`CommonStockIssuedForForbearanceOfDebtValue`	-	USD	2 Qtrs
Common stock issued for forbearance of debt	`CommonStockIssuedForForbearanceOfDebtValue`	$2.90K	USD	2 Qtrs
Common stock issued for forbearance of debt	`CommonStockIssuedForForbearanceOfDebtValue`	$49.92K	USD	1 Quarter
Replacement of convertible notes to note payable	`ReplacementOfConvertibleNoitesToNotesPayable`	$700.00K	USD	2 Qtrs
Replacement of convertible notes to note payable	`ReplacementOfConvertibleNoitesToNotesPayable`	-	USD	2 Qtrs
Preferred stock issued for conversion of common stock	`PreferredStockIssuedForConversionOfCommonStock`	$21.00	USD	2 Qtrs
Preferred stock issued for conversion of common stock	`PreferredStockIssuedForConversionOfCommonStock`	-	USD	2 Qtrs

Stockholders Equity 54 line items

Line Item	Tag	Value	Unit	Period
Balance - March 31, 2020	`StockholdersEquity`	$-5.21M	USD	Point-in-time
Balance - March 31, 2020	`StockholdersEquity`	$4.51M	USD	Point-in-time
Balance - March 31, 2020	`StockholdersEquity`	$2.25M	USD	Point-in-time
Balance - March 31, 2020	`StockholdersEquity`	$-4.87M	USD	Point-in-time
Balance - March 31, 2020	`StockholdersEquity`	$-1.39M	USD	Point-in-time
Balance - March 31, 2020	`StockholdersEquity`	$-1.99M	USD	Point-in-time
Preferred stock issued for conversion of common stock	`PreferredStockIssuedForConversionOfCommonStockValue`	-	USD	1 Quarter
Common stock issued for cash	`StockIssuedDuringPeriodValueNewIssues`	$3.59M	USD	1 Quarter
Common stock issued for cash	`StockIssuedDuringPeriodValueNewIssues`	$360.00K	USD	1 Quarter
Common stock issued for cash, shares	`StockIssuedDuringPeriodSharesNewIssues`	45.82M	shares	2 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$284.70K	USD	1 Quarter
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$450.03K	USD	1 Quarter
Common stock issued for compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$412.20K	USD	1 Quarter
Common stock issued for compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$564.00K	USD	1 Quarter
Common stock issued for forbearance of debt	`CommonStockIssuedForForbearanceOfDebtValue`	$2.90K	USD	1 Quarter
Common stock issued for forbearance of debt	`CommonStockIssuedForForbearanceOfDebtValue`	-	USD	2 Qtrs
Common stock issued for forbearance of debt	`CommonStockIssuedForForbearanceOfDebtValue`	$2.90K	USD	2 Qtrs
Common stock issued for forbearance of debt	`CommonStockIssuedForForbearanceOfDebtValue`	$49.92K	USD	1 Quarter
Common stock issued for conversion of debt	`CommonStockIssuedForConversionOfDebtValue`	$427.53K	USD	1 Quarter
Common stock issued for conversion of debt	`CommonStockIssuedForConversionOfDebtValue`	$273.97K	USD	1 Quarter
Common stock issued for conversion of debt	`CommonStockIssuedForConversionOfDebtValue`	$422.30K	USD	1 Quarter
Cancellation of common stock	`CancellationOfCommonStockValue`	$-90.10K	USD	1 Quarter
Resolution of derivative liabilities	`ResolutionOfDerivativeLiabilitiesValue`	$2.57M	USD	1 Quarter
Resolution of derivative liabilities	`ResolutionOfDerivativeLiabilitiesValue`	$708.61K	USD	1 Quarter
Resolution of derivative liabilities	`ResolutionOfDerivativeLiabilitiesValue`	$1.09M	USD	1 Quarter
Resolution of derivative liabilities	`ResolutionOfDerivativeLiabilitiesValue`	$708.61K	USD	2 Qtrs
Foreign currency translation adjustments	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$-15.46K	USD	1 Quarter
Foreign currency translation adjustments	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$-28.90K	USD	1 Quarter
Foreign currency translation adjustments	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$-1.67K	USD	1 Quarter
Foreign currency translation adjustments	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$54.91K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.29M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-1.94M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-3.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-2.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$-2.60M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$-987.38K	USD	1 Quarter
Common stock issued for settlement of debt	`CommonStockIssuedForSettlementOfDebtValue1`	$2.06M	USD	1 Quarter
Common stock issued for settlement of debt	`CommonStockIssuedForSettlementOfDebtValue1`	$202.50K	USD	1 Quarter
Common stock issued for settlement of debt	`CommonStockIssuedForSettlementOfDebtValue1`	$269.84K	USD	2 Qtrs
Common stock issued for settlement of debt	`CommonStockIssuedForSettlementOfDebtValue1`	$2.06M	USD	2 Qtrs
Common stock issued for settlement of debt	`CommonStockIssuedForSettlementOfDebtValue1`	$67.34K	USD	1 Quarter
Debt forgiveness	`DebtInstrumentDecreaseForgiveness`	$807.10K	USD	1 Quarter
Debt forgiveness	`DebtInstrumentDecreaseForgiveness`	$807.10K	USD	2 Qtrs
Debt forgiveness	`DebtInstrumentDecreaseForgiveness`	-	USD	2 Qtrs
Balance - June 30, 2020	`StockholdersEquity`	$-5.21M	USD	Point-in-time
Balance - June 30, 2020	`StockholdersEquity`	$4.51M	USD	Point-in-time
Balance - June 30, 2020	`StockholdersEquity`	$2.25M	USD	Point-in-time
Balance - June 30, 2020	`StockholdersEquity`	$-4.87M	USD	Point-in-time
Balance - June 30, 2020	`StockholdersEquity`	$-1.39M	USD	Point-in-time
Balance - June 30, 2020	`StockholdersEquity`	$-1.99M	USD	Point-in-time
Common stock issued for exercised cashless warrant	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Common stock issued for exercised cashless warrant	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Common stock to be issued for acquisition of Itsbchain LLC	`StockIssuedDuringPeriodValueAcquisitions`	$50.00K	USD	1 Quarter
Acquisition of loT Labs	`AcquisitionOfIOTLabs`	-	USD	1 Quarter

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