IQST
iQSTEL IncSubstantial doubt about the company's ability to continue as a going concern.
“These conditions, including our recurring losses from operations, negative working capital, and negative operating cash flows, raise substantial doubt about the Company’s ability to continue as a going concern.”View the 10-Q filed May 20, 2026
20 customers — 85% of revenue (the three months ended March 31, 2026)
“During the three months ended March 31, 2026, we had 20 customers representing 85% of our revenue compared to 19 customers representing 86% of our revenue for the three months ended March 31, 2025.”
23 customers — 80% of receivables (March 31, 2026)
“As of March 31, 2026, approximately 80% of total accounts receivable was concentrated among the Company’s top 23 customers, compared with the same percentage concentrated among 17 customers as of December 31, 2025.”
12 customers — 58% of receivables (March 31, 2026)
“In each such period, 12 of these customers were repeat customers and accounted for 58% and 75% of total accounts receivable as of March 31, 2026 and December 31, 2025, respectively.”
One customer — 20.3% of receivables (March 31, 2026)
“The largest customer represented 20.33% of total accounts receivable as of March 31, 2026, compared with 15.06% as of December 31, 2025.”
Registered funds — mutual funds, ETFs and closed-end funds — whose latest Form N-PORT portfolio report holds this stock, matched by the stock's CUSIP. Each row is one fund position with its size, value and weight in that fund.
Funds holding IQST
5 fund positions| Fund | Ticker | Balance | Value | % of Fund | Side | Reported | Open |
|---|---|---|---|---|---|---|---|
| VANGUARD EXTENDED MARKET INDEX FUND | — | 36,745 | $58,425 | 0.00% | Long | 2026-03-31 | |
| Fidelity Extended Market Index Fund | — | 24,618 | $57,852 | 0.00% | Long | 2026-02-28 | |
| Fidelity Total Market Index Fund | — | 5,459 | $12,829 | 0.00% | Long | 2026-02-28 | |
| Fidelity Series Total Market Index Fund | — | 4,177 | $9,816 | 0.00% | Long | 2026-02-28 | |
| Fidelity Nasdaq Composite Index Fund | — | 1,072 | $2,519 | 0.00% | Long | 2026-02-28 |