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.”
Total shares sold short and not yet covered, reported to FINRA by broker-dealers and published twice a month (bi-monthly). Days to cover divides the short position by average daily volume; a high value (above 5) can signal short-squeeze potential.
Peer-relative percentile rank across all stocks reporting short interest at the latest settlement date (2026-06-15). Equal-weight mean of the available factors.
Short Interest History
| Settlement Date | Current Position | Previous Position | Change | Days to Cover |
|---|---|---|---|---|
| 2026-06-15 | 528,393 | 924,525 | -396,132 | 1.00 |
| 2026-05-29 | 924,525 | 617,385 | +307,140 | 1.00 |
| 2026-05-15 | 617,385 | 710,721 | -93,336 | 2.27 |
| 2026-04-30 | 710,721 | 373,460 | +337,261 | 1.00 |
| 2026-04-15 | 373,460 | 122,421 | +251,039 | 1.00 |
| 2026-03-31 | 122,421 | 100,459 | +21,962 | 2.53 |
| 2026-03-13 | 100,459 | 130,299 | -29,840 | 1.21 |
| 2026-02-27 | 130,299 | 138,599 | -8,300 | 2.03 |
| 2026-02-13 | 138,599 | 200,212 | -61,613 | 1.36 |
| 2026-01-30 | 200,212 | 160,150 | +40,062 | 3.12 |
| 2026-01-15 | 160,150 | 100,806 | +59,344 | 1.54 |
| 2025-12-31 | 100,806 | 99,862 | +944 | 1.00 |
| 2025-12-15 | 99,862 | 128,428 | -28,566 | 1.47 |
| 2025-11-28 | 130,611 | 119,315 | +11,296 | 2.07 |
| 2025-11-14 | 119,315 | 133,921 | -14,605 | 1.07 |
| 2025-10-31 | 133,921 | 151,398 | -17,477 | 1.51 |
| 2025-10-15 | 151,398 | 153,853 | -2,455 | 1.18 |
| 2025-09-30 | 153,853 | 139,668 | +14,185 | 1.45 |
| 2025-09-15 | 139,668 | 137,094 | +2,574 | 2.38 |
| 2025-08-29 | 137,094 | 144,503 | -7,410 | 1.63 |
| 2025-08-15 | 144,503 | 160,520 | -16,017 | 1.52 |
| 2025-07-31 | 160,520 | 104,696 | +55,824 | 1.31 |
| 2025-07-15 | 104,696 | 107,897 | -3,200 | 1.00 |