Company Analysis

Focus Universal Inc. (FCUV)

Nasdaq: FCUV · Industrial Instruments For Measurement, Display, and Control · Ontario, CA · filing with the SEC since 2013
Grade2.4
◀ Past 1.1● Present 2.1▶ Future 3.9
2 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 31, 2026Feb 28, 2025Apr 1, 2024Mar 31, 2023Mar 8, 2022Mar 23, 2021Mar 30, 2020Mar 11, 2019Apr 2, 2018Mar 22, 2017
Revenue255,023398,137440,543r353,6191,434,4461,678,9671,460,370308,129898,0841,121,978r
For lenders
Net interest income70,02440,85338,3393,887-37,608-4,0722,257-440,943-105,831r91
Cost of revenue290,275387,936380,884r330,8991,137,2871,395,1871,342,139137,897726,252866,559r
Gross profit-35,25210,20159,659r22,720297,159283,780118,231170,232171,832255,419r
Research and development919,9651,381,9371,324,438r1,060,385220,469256,636255,232221,510208,238201,899
General and administrative2,075,1072,115,8911,717,864r2,074,0911,362,126r1,269,2071,113,201451,597256,225r256,210r
Total operating expenses4,858,0136,210,4525,011,445r5,228,3663,313,746r4,382,880r3,448,6711,753,953692,362r722,449r
Operating income-4,893,265-6,200,251-4,951,786r-5,205,646-3,016,587-2,703,913-3,330,440-1,583,721-520,530r-467,030r
Interest expense········81,342203
Other income (expense), net37,24560,44974,604r13,587196,474170,953154,3900-105,83191r
Total non-operating income (expense)105,4963,278,376241,551r278,709-204,390166,800154,897-440,943-105,831·
Income before income taxes···-4,926,937-3,220,977-2,537,113-3,175,543-2,024,664-626,361r-466,939r
Income tax expense00000000694495r
Income from continuing operations-4,787,769-2,921,875-4,710,235·······
Income from discontinued operations0-278,263-7,907·······
Net income-4,787,769-3,200,138-4,718,142-4,926,937-3,220,977-2,537,113-3,175,543-2,024,664-626,361-467,434r
Net income to common shareholders-5,241,103-3,200,138········
Earnings per share, basic-7.07-4.77r-7.80rb-8.00rb-5.3333b·····
Earnings per share, diluted-7.07-4.77r-7.80rb-8.00rb-5.3333b·····
Earnings per share, basic and diluted····-5.3333b-4.00b-5.3333b-3.3333b-1.3333b-0.6667b
Weighted average shares, basic742,201671,513r603,149rb651,196rb625,739b·····
Weighted average shares, diluted742,201671,513r603,149rb651,196rb625,739b·····
Weighted average shares, basic and diluted····625,739b614,396b614,187rb566,679b518,576rb518,621b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-10 reverse split.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseDebt
us-gaap:InterestExpense
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton FCUV · research, not advice