FOCUS UNIVERSAL INC.: 10-Q filed 2017-11-17
What FOCUS UNIVERSAL INC. reported in its quarterly report filed 2017-11-17 (fiscal Q3 2017): 34 published measures, 90 facts as tagged in accession 0001683168-17-003083.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2017-11-17
- Fiscal period
- fiscal Q3 2017
- Accession
- 0001683168-17-003083 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 FOCUS UNIVERSAL 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 2017-09-30 | 784,006 | USD | |
| At 2016-12-31 | 522,006 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-09-30 | 548,207 | USD | |
| At 2016-12-31 | 431,906 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-09-30 | 235,799 | USD | |
| At 2016-12-31 | 90,100 | 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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | -140,617 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -354,301 | USD | 273 |
| 2016-07-01 to 2016-09-30 | -99,956 | USD | 92 |
| 2016-01-01 to 2016-09-30 | -309,336 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | -262,477 | USD | 273 |
| 2016-01-01 to 2016-09-30 | -322,311 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 0 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 3,296 | USD | 274 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 220,643 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 943,110 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 257,349 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 993,961 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 500,000 | USD | 273 |
| 2016-01-01 to 2016-09-30 | -82,902 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 0 | USD | 273 |
| 2016-01-01 to 2016-09-30 | -3,296 | USD | 274 |
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 2017-09-30 | -1,670,394 | USD | |
| At 2016-12-31 | -1,316,093 | USD |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 0 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 800 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 800 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 1,600 | USD | 274 |
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 2017-09-30 | 7,145 | USD | |
| At 2016-12-31 | 8,517 | USD |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | -101,512 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -318,713 | USD | 273 |
| 2016-07-01 to 2016-09-30 | -105,089 | USD | 92 |
| 2016-01-01 to 2016-09-30 | -315,341 | USD | 274 |
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 2017-09-30 | 769,651 | USD | |
| At 2016-12-31 | 488,763 | 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 2017-09-30 | 508,280 | USD | |
| At 2016-12-31 | 431,438 | 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 2017-09-30 | 105,048 | USD | |
| At 2016-12-31 | 35,896 | 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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 175,615 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 538,404 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 171,527 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 534,674 | USD | 274 |
Net inventory
Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-09-30 | 75,953 | USD | |
| At 2016-12-31 | 104,832 | USD |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 74,103 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 219,691 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 66,438 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 219,333 | USD | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 146,540 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 723,419 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 190,911 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 774,628 | USD | 274 |
Research and development expense
Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 58,522 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 168,451 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 53,255 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 136,237 | USD | 274 |
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 2017-09-30 | 34,574,706 | shares | |
| At 2016-12-31 | 34,574,706 | 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 2017-09-30 | 1,871,618 | USD | |
| At 2016-12-31 | 1,371,618 | 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 2017-09-30 | 9,879 | USD | |
| At 2016-12-31 | 9,879 | 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 2017-09-30 | 2,734 | USD | |
| At 2016-12-31 | 1,362 | 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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | -140,617 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -353,501 | USD | 273 |
| 2016-07-01 to 2016-09-30 | -99,156 | USD | 92 |
| 2016-01-01 to 2016-09-30 | -307,736 | USD | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 54,708 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 177,791 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 62,276 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 212,969 | USD | 274 |
Depreciation expense
Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 1,371 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 672 | USD | 274 |
Other nonoperating income or expense
Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | -39,105 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -34,788 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 5,933 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 7,605 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 125 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 502 | USD | 274 |
Income taxes paid, net
Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 800 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 800 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 69,152 | USD | 273 |
| 2016-01-01 to 2016-09-30 | -70,943 | USD | 274 |
Change in inventories
The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | -28,879 | USD | 273 |
| 2016-01-01 to 2016-09-30 | -10,901 | USD | 274 |
Change in accounts payable
The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 17,712 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 35,695 | USD | 274 |
Inspect the source
- Entity
- FOCUS UNIVERSAL INC. / CIK 0001590418
- Captured
- 2026-09-20T09:23:52.982Z
- SEC response SHA-256
d35a6bf0c7e75cc069ce5545c0f7a80fa52590736b978e08ca492e677373c860
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.
Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.
Use this in research
A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.
These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.
Research methodology · Execution and cost assumptions · Check backtest overfitting
Build with the open-source tools
Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.
- Get an API key and run your first validation
- Connect the MCP server to your coding assistant
- Inspect the ALPHAC engine on GitHub
- Read the MCP server source and integration examples
Read the published dataset with Python
import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0001590418.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"])))