IQST · XBRL financial data
iQSTEL financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (IQST's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 44,910 | 64,702 | 93,204 | 144,502 | 283,220 | 316,899 |
| Cost of revenue | 43,948 | 63,168 | 91,412 | 139,830 | 274,949 | 307,442 |
| Gross profit | 962 | 1,534 | 1,792 | 4,672 | 8,272 | 9,457 |
| General and administrative | 4,174 | 4,518 | 4,983 | 4,988 | 9,106 | 11,541 |
| Total operating expenses | 4,174 | 4,518 | 4,983 | 4,988 | 9,106 | 13,709 |
| Other operating income (expense) | 256 | — | — | — | — | — |
| Operating income (loss) | (3,212) | (2,984) | (3,192) | (316) | (834) | (4,252) |
| Interest expense | 3,509 | — | — | — | — | — |
| Other income (expense) | 3 | 3 | (113) | (199) | (12) | (200) |
| Income tax expense (benefit) | (0) | — | — | — | 394 | 122 |
| Net income (loss) | (6,574) | (3,838) | (5,967) | (763) | (5,992) | (8,510) |
| Earnings per share, diluted USD per share | (0.03) | — | (0.04) | (0.01) | (0.04) | (2.86) |
| Weighted average shares, diluted thousands of shares | 135,384 | — | 151,850 | — | — | — |
- † Share count changed about 1/42 in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (IQST's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 753 | 3,335 | 1,329 | 1,363 | 2,510 | 2,155 |
| Accounts receivable | 2,528 | 2,541 | 4,209 | 12,540 | 57,159 | 30,259 |
| Inventory | — | — | 26 | 27 | 31 | 31 |
| Prepaid and other current assets | 78 | 267 | 546 | 1,449 | 2,684 | 3,078 |
| Total current assets | 3,582 | 6,567 | 6,437 | 15,719 | 63,015 | 36,162 |
| Property and equipment, net | 351 | 409 | 401 | 523 | 562 | 615 |
| Goodwill | 1,538 | 1,538 | 5,172 | 5,172 | 6,750 | 5,790 |
| Total assets | 5,952 | 9,060 | 12,549 | 22,156 | 79,008 | 51,088 |
| Accounts payable | 2,737 | 1,475 | 2,255 | 2,966 | 2,129 | 9,167 |
| Accrued liabilities | 7 | 61 | — | — | 929 | 1,243 |
| Current portion of long-term debt | 1,333 | 315 | 94 | 493 | 2,456 | 4,021 |
| Total current liabilities | 7,912 | 2,363 | 6,452 | 13,841 | 63,821 | 34,606 |
| Long-term debt | 271 | 119 | 108 | 99 | — | 31 |
| Total liabilities | 8,347 | 2,639 | 6,714 | 14,110 | 67,107 | 34,807 |
| Accumulated deficit | (14,699) | (18,537) | (24,504) | (26,084) | (32,703) | (43,276) |
| Total stockholders' equity | (2,395) | 7,417 | 6,760 | 8,424 | 7,218 | 16,281 |
| Total liabilities and equity | 5,952 | 9,060 | 12,549 | 22,156 | 79,008 | 51,088 |
| Common shares outstanding (cover page) thousands of shares | 136,882 | 149,357 | 164,177 | 176,330 | 210,710 | 5,071 |
- † Share count changed about 1/42 in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (IQST's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (6,574) | (3,838) | (5,967) | (763) | (5,992) | (8,510) |
| Stock-based compensation | 1,284 | 1,284 | 127 | 43 | 223 | 305 |
| Depreciation and amortization | 69 | 91 | 120 | 129 | 500 | 628 |
| Net cash from operating activities | (2,116) | (3,152) | (1,765) | (1,484) | (2,930) | (3,845) |
| Purchases of property and equipment | 90 | 153 | 112 | 220 | 152 | 113 |
| Net cash from investing activities | (91) | (511) | (2,002) | (333) | (3,163) | (240) |
| Proceeds from issuing common stock | 1,915 | 6,336 | 1,100 | — | 100 | — |
| Net cash from financing activities | 2,663 | 6,251 | 1,768 | 1,834 | 7,241 | 3,730 |
| Net change in cash | 2,581 | 2,581 | (2,005) | 33 | 1,148 | (355) |
- † Share count changed about 1/42 in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 4813 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 4813 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| iQSTEL | 2,092 | 109,068 | (1,492)* | 10.9M | 1.4 quarters | 10-Q/AJun 30, 2026 |
| GlobalTech | 796 | 11,116 | (1,608)* | 152.1M | 1.1 quarters | 10-Q/AJun 30, 2026 |
| Sidus Space | 166,521 | 583 | (3,465)* | not reported | 48.1 quarters | 10-QJun 30, 2026 |
| SurgePays | 1,954 | 16,205 | (2,630)* | 52.9M | 0.7 quarters | 10-QJun 30, 2026 |
| Nuvera Communications | 281 | 17,663 | 3,356* | 5.2M | — | 10-QJun 30, 2026 |
| Array Digital Infrastructure | 416,436 | 54,070 | (42,814)* | 86.5M | 9.7 quarters | 10-QJun 30, 2026 |
| Telephone & Data Systems | 2,194,014 | 309,281 | 55,567* | 115.1M | — | 10-QJun 30, 2026 |
| NextPlat | 11,940 | not reported | 1,085* | 2.7M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.