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FOCUS UNIVERSAL INC.: 10-Q filed 2025-08-12

What FOCUS UNIVERSAL INC. reported in its quarterly report filed 2025-08-12 (fiscal Q2 2025): 40 published measures, 111 facts as tagged in accession 0001683168-25-005910.

This filing

Form
10-Q (quarterly report)
Filed
2025-08-12
Fiscal period
fiscal Q2 2025
Accession
0001683168-25-005910 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.

PeriodValueUnitDays
At 2025-06-301,674,805USD
At 2024-12-314,080,313USD

Total liabilities

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

PeriodValueUnitDays
At 2025-06-30829,224USD
At 2024-12-31885,089USD

Stockholders equity

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

PeriodValueUnitDays
At 2025-06-30845,581USD
At 2025-03-311,898,149USD
At 2024-12-313,195,224USD
At 2024-06-301,159,655USD
At 2024-03-312,360,945USD
At 2023-12-313,545,626USD

Net income or loss

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

PeriodValueUnitDays
2025-04-01 to 2025-06-30-1,505,648USD91
2025-01-01 to 2025-06-30-2,757,026USD181
2024-04-01 to 2024-06-30-1,365,106USD91
2024-01-01 to 2024-06-30-2,680,703USD182

Operating cash flow

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

PeriodValueUnitDays
2025-01-01 to 2025-06-30-2,648,288USD181
2024-01-01 to 2024-06-30-1,721,946USD182

Capital expenditure payments

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

PeriodValueUnitDays
2025-01-01 to 2025-06-3025,091USD181
2024-01-01 to 2024-06-309,743USD182

Revenue

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

PeriodValueUnitDays
2025-04-01 to 2025-06-3035,330USD91
2025-01-01 to 2025-06-30225,585USD181
2024-04-01 to 2024-06-3011,234USD91
2024-01-01 to 2024-06-30190,739USD182

Financing cash flow

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

PeriodValueUnitDays
2025-01-01 to 2025-06-30207,387USD181
2024-01-01 to 2024-06-301,326,000USD182

Investing cash flow

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

PeriodValueUnitDays
2025-01-01 to 2025-06-30-25,091USD181
2024-01-01 to 2024-06-30-9,743USD182

Retained earnings or deficit

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

PeriodValueUnitDays
At 2025-06-30-28,539,334USD
At 2024-12-31-25,782,308USD

Basic weighted-average shares

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

PeriodValueUnitDays
2025-04-01 to 2025-06-307,530,930shares91
2025-01-01 to 2025-06-307,188,374shares181
2024-04-01 to 2024-06-306,483,739shares91
2024-01-01 to 2024-06-306,480,442shares182

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2025-04-01 to 2025-06-307,530,930shares91
2025-01-01 to 2025-06-307,188,374shares181
2024-04-01 to 2024-06-306,483,739shares91
2024-01-01 to 2024-06-306,480,442shares182

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.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-0.2USD/shares91
2025-01-01 to 2025-06-30-0.38USD/shares181
2024-04-01 to 2024-06-30-0.21USD/shares91
2024-01-01 to 2024-06-30-0.41USD/shares182

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.

PeriodValueUnitDays
At 2025-06-3075,518USD
At 2024-12-3160,485USD

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.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-1,542,760USD91
2025-01-01 to 2025-06-30-2,814,287USD181
2024-04-01 to 2024-06-30-1,231,841USD91
2024-01-01 to 2024-06-30-2,445,747USD182

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.

PeriodValueUnitDays
At 2025-06-301,536,963USD
At 2024-12-313,846,363USD

Current liabilities

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

PeriodValueUnitDays
At 2025-06-30829,224USD
At 2024-12-31876,975USD

Net current accounts receivable

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

PeriodValueUnitDays
At 2025-06-30150USD
At 2024-12-315,584USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2025-01-01 to 2025-06-30173,837USD181
2024-01-01 to 2024-06-300USD182

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.

PeriodValueUnitDays
2025-04-01 to 2025-06-301,530,348USD91
2025-01-01 to 2025-06-302,832,419USD181
2024-04-01 to 2024-06-301,247,125USD91
2024-01-01 to 2024-06-302,551,330USD182

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2025-06-30138,370USD
At 2024-12-31126,071USD

Gross profit

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

PeriodValueUnitDays
2025-04-01 to 2025-06-30-12,412USD91
2025-01-01 to 2025-06-3018,132USD181
2024-04-01 to 2024-06-3015,284USD91
2024-01-01 to 2024-06-30105,583USD182

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.

PeriodValueUnitDays
2025-04-01 to 2025-06-30467,297USD91
2025-01-01 to 2025-06-30839,555USD181
2024-04-01 to 2024-06-30296,248USD91
2024-01-01 to 2024-06-30639,525USD182

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.

PeriodValueUnitDays
At 2025-06-307,218,838shares
At 2024-12-317,153,647shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2025-06-301,111,201USD
At 2024-12-313,589,318USD
At 2024-06-3013,064USD
At 2023-12-31428,254USD

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.

PeriodValueUnitDays
At 2025-06-3029,564,293USD
At 2024-12-3130,025,587USD

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.

PeriodValueUnitDays
At 2025-06-30-35,623USD
At 2024-12-31-25,190USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2025-06-3062,324USD
At 2024-12-31108,270USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2025-06-3032,239USD

Gross property, plant and equipment

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

PeriodValueUnitDays
At 2025-06-30223,099USD
At 2024-12-31196,614USD

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.

PeriodValueUnitDays
At 2025-06-30147,581USD
At 2024-12-31136,129USD

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.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-1,509,713USD91
2025-01-01 to 2025-06-30-2,767,459USD181
2024-04-01 to 2024-06-30-1,372,393USD91
2024-01-01 to 2024-06-30-2,688,979USD182

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.

PeriodValueUnitDays
2025-04-01 to 2025-06-30501,119USD91
2025-01-01 to 2025-06-30783,574USD181
2024-04-01 to 2024-06-30505,561USD91
2024-01-01 to 2024-06-301,017,800USD182

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.

PeriodValueUnitDays
2025-01-01 to 2025-06-3010,959USD181
2024-01-01 to 2024-06-3067,354USD182

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.

PeriodValueUnitDays
2025-04-01 to 2025-06-307,237USD91
2025-01-01 to 2025-06-308,490USD181
2024-04-01 to 2024-06-3045,142USD91
2024-01-01 to 2024-06-3042,797USD182

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.

PeriodValueUnitDays
2025-04-01 to 2025-06-3037,112USD91
2025-01-01 to 2025-06-3057,261USD181
2024-04-01 to 2024-06-3013,011USD91
2024-01-01 to 2024-06-3016,083USD182

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.

PeriodValueUnitDays
2025-01-01 to 2025-06-300USD181
2024-01-01 to 2024-06-3057,218USD182

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.

PeriodValueUnitDays
2025-01-01 to 2025-06-303,525USD181
2024-01-01 to 2024-06-300USD182

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.

PeriodValueUnitDays
2025-01-01 to 2025-06-30-5,434USD181
2024-01-01 to 2024-06-3063,233USD182

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.

PeriodValueUnitDays
2025-01-01 to 2025-06-3013,943USD181
2024-01-01 to 2024-06-30213,873USD182

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.

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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"])))