IQSTEL Inc.: 10-Q filed 2021-08-16

Name: IQSTEL Inc.: 10-Q filed 2021-08-16
Creator: IQSTEL Inc.

What IQSTEL Inc. reported in its quarterly report filed 2021-08-16 (fiscal Q2 2021): 42 published measures, 120 facts as tagged in accession 0001663577-21-000424.

This filing

Form: 10-Q (quarterly report)
Filed: 2021-08-16
Fiscal period: fiscal Q2 2021
Accession: 0001663577-21-000424 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All IQSTEL Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2021-06-30	7,935,228	USD
At 2020-12-31	5,951,767	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2021-06-30	4,478,623	USD
At 2020-12-31	8,346,803	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2021-06-30	4,509,174	USD
At 2021-03-31	2,249,616	USD
At 2020-12-31	-1,388,575	USD
At 2020-06-30	-1,992,641	USD
At 2020-03-31	-5,212,314	USD
At 2019-12-31	-4,866,902	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2021-06-30	1,849,470	USD
At 2020-12-31	753,316	USD
At 2020-06-30	779,553	USD
At 2019-12-31	270,503	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	-987,376	USD	91
2021-01-01 to 2021-06-30	-2,929,767	USD	181
2021-01-01 to 2021-03-31	-1,942,391	USD	90
2020-04-01 to 2020-06-30	1,286,019	USD	91
2020-01-01 to 2020-06-30	-2,604,471	USD	182
2020-01-01 to 2020-03-31	-3,890,490	USD	91

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	-2,093,398	USD	181
2020-01-01 to 2020-06-30	-1,126,307	USD	182

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	68,844	USD	181
2020-01-01 to 2020-06-30	58,832	USD	182

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	16,128,367	USD	91
2021-01-01 to 2021-06-30	30,325,978	USD	181
2020-04-01 to 2020-06-30	11,130,086	USD	91
2020-01-01 to 2020-06-30	16,147,498	USD	182

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	3,353,854	USD	181
2020-01-01 to 2020-06-30	1,626,500	USD	182

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	-152,864	USD	181
2020-01-01 to 2020-06-30	2,550	USD	182

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2021-06-30	-17,628,915	USD
At 2020-12-31	-14,699,148	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	139,078,656	shares	91
2021-01-01 to 2021-06-30	128,840,922	shares	181
2020-04-01 to 2020-06-30	57,019,993	shares	91
2020-01-01 to 2020-06-30	43,928,994	shares	182

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	-0.01	USD/shares	91
2021-01-01 to 2021-06-30	-0.02	USD/shares	181
2020-04-01 to 2020-06-30	0.02	USD/shares	91
2020-01-01 to 2020-06-30	-0.06	USD/shares	182

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	-0.01	USD/shares	91
2021-01-01 to 2021-06-30	-0.02	USD/shares	181
2020-04-01 to 2020-06-30	-0.01	USD/shares	91
2020-01-01 to 2020-06-30	-0.06	USD/shares	182

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2021-06-30	359,198	USD
At 2020-12-31	350,530	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	1,170,796	USD	181
2020-01-01 to 2020-06-30	500,034	USD	182

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	-1,164,602	USD	91
2021-01-01 to 2021-06-30	-2,175,343	USD	181
2020-04-01 to 2020-06-30	-172,708	USD	91
2020-01-01 to 2020-06-30	-1,631,376	USD	182

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2021-06-30	5,563,449	USD
At 2020-12-31	3,581,584	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2021-06-30	4,187,907	USD
At 2020-12-31	7,911,939	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2021-06-30	2,648,123	USD
At 2020-12-31	2,737,411	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2021-06-30	1,537,742	USD
At 2020-12-31	1,537,742	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2021-06-30	35,070	USD
At 2020-12-31	21,875	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2021-06-30	3,262,974	USD
At 2020-12-31	2,528,321	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	1,209,167	USD	91
2021-01-01 to 2021-06-30	2,707,278	USD	181
2020-04-01 to 2020-06-30	905,016	USD	91
2020-01-01 to 2020-06-30	2,202,543	USD	182

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	44,565	USD	91
2021-01-01 to 2021-06-30	531,935	USD	181
2020-04-01 to 2020-06-30	732,308	USD	91
2020-01-01 to 2020-06-30	571,167	USD	182

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	16,083,802	USD	91
2021-01-01 to 2021-06-30	29,794,043	USD	181
2020-04-01 to 2020-06-30	10,397,778	USD	91
2020-01-01 to 2020-06-30	15,576,331	USD	182

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2021-06-30	141,657,358	shares
At 2020-12-31	118,133,432	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2021-06-30	22,045,226	USD
At 2020-12-31	13,267,261	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2021-06-30	-48,825	USD
At 2020-12-31	-74,831	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit	Days
At 2021-06-30	3,456,605	USD
At 2020-12-31	-2,395,036	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2021-06-30	240,430	USD
At 2020-12-31	1,603,448	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2021-06-30	885,605	USD
At 2020-12-31	836,720	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2021-06-30	526,407	USD
At 2020-12-31	486,190	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	-1,122,372	USD	91
2021-01-01 to 2021-06-30	-3,000,861	USD	181
2020-04-01 to 2020-06-30	1,377,465	USD	91
2020-01-01 to 2020-06-30	-2,531,738	USD	182

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	-1,122,372	USD	91
2021-01-01 to 2021-06-30	-3,000,861	USD	181
2020-04-01 to 2020-06-30	1,377,465	USD	91
2020-01-01 to 2020-06-30	-2,531,738	USD	182

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	-1,016,275	USD	91
2021-01-01 to 2021-06-30	-2,903,761	USD	181
2020-04-01 to 2020-06-30	1,270,561	USD	91
2020-01-01 to 2020-06-30	-2,621,601	USD	182

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	1,209,167	USD	91
2021-01-01 to 2021-06-30	2,707,278	USD	181
2020-04-01 to 2020-06-30	905,016	USD	91
2020-01-01 to 2020-06-30	2,202,543	USD	182

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	42,421	USD	181
2020-01-01 to 2020-06-30	31,140	USD	182

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	42,230	USD	91
2021-01-01 to 2021-06-30	-825,518	USD	181
2020-04-01 to 2020-06-30	1,550,173	USD	91
2020-01-01 to 2020-06-30	-900,362	USD	182

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	117,198	USD	181
2020-01-01 to 2020-06-30	353,517	USD	182

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	3,586,250	USD	181
2020-01-01 to 2020-06-30	360,000	USD	182

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	784,128	USD	181
2020-01-01 to 2020-06-30	-71,727	USD	182

Inspect the source

Entity: IQSTEL Inc. / CIK 0001527702
Captured: 2026-09-20T09:15:30.159Z
SEC response SHA-256: c031b51d8abf4993e8fb44711575797be24efba65129b7ca6a08e1b1c7e6663f

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001527702.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))