$FCUV
FOCUS UNIVERSAL INC.

2014 Q1 Form 10-K Financial Statement

#000159041814000011 Filed on June 30, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2014 2013 Q1
Revenue $0.00 $15.90K $0.00
YoY Change -20.5%
Cost Of Revenue $0.00 $5.000K $0.00
YoY Change -50.0%
Gross Profit $0.00 $10.90K $0.00
YoY Change 9.0%
Gross Profit Margin 68.55%
Selling, General & Admin $20.00K $93.79K $0.00
YoY Change 212.63%
% of Gross Profit 860.46%
Research & Development $0.00
YoY Change
% of Gross Profit 0.0%
Depreciation & Amortization $0.00
YoY Change
% of Gross Profit 0.0%
Operating Expenses $20.00K $31.41K $0.00
YoY Change 4.69%
Operating Profit -$20.00K -$20.51K $0.00
YoY Change 2.53%
Interest Expense $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net $13.46K
YoY Change
Pretax Income -$10.00K -$84.34K $0.00
YoY Change 321.7%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$10.00K -$20.51K $0.00
YoY Change 2.53%
Net Earnings / Revenue -128.97%
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 -$13.03K $0.00
COMMON SHARES
Basic Shares Outstanding 4.000M shares 1.995M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q1 2014 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.00K $78.01K
YoY Change 680.1%
Cash & Equivalents $7.408K $78.01K $0.00
Short-Term Investments
Other Short-Term Assets $0.00 $11.87K
YoY Change
Inventory $0.00
Prepaid Expenses $308.00 $0.00
Receivables $0.00 $0.00
Other Receivables $0.00
Total Short-Term Assets $7.716K $89.87K $0.00
YoY Change 798.7%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $23.10K
YoY Change
Total Long-Term Assets $0.00 $23.10K $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $7.716K $89.87K $0.00
Total Long-Term Assets $0.00 $23.10K $0.00
Total Assets $7.716K $113.0K $0.00
YoY Change 1029.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.00K $0.00
YoY Change -100.0%
Accrued Expenses $0.00
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $120.0K
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $23.57K $141.8K $2.348K
YoY Change 903.83% 608.9%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $23.57K $141.8K $2.348K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $23.57K $141.8K $2.348K
YoY Change 903.83% 608.9%
SHAREHOLDERS EQUITY
Retained Earnings -$22.85K
YoY Change
Common Stock $4.000K $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$15.85K -$28.81K -$2.348K
YoY Change
Total Liabilities & Shareholders Equity $7.716K $113.0K $0.00
YoY Change 1029.7%

Cashflow Statement

Concept 2014 Q1 2014 2013 Q1
OPERATING ACTIVITIES
Net Income -$10.00K -$20.51K $0.00
YoY Change 2.53%
Depreciation, Depletion And Amortization $0.00
YoY Change
Cash From Operating Activities $0.00 $408.00 $0.00
YoY Change
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 $0.00 $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.000K
YoY Change -60.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 10.00K $7.000K 0.000
YoY Change -30.0%
NET CHANGE
Cash From Operating Activities 0.000 $408.00 0.000
Cash From Investing Activities 0.000 $0.00 0.000
Cash From Financing Activities 10.00K $7.000K 0.000
Net Change In Cash 10.00K $7.408K 0.000
YoY Change -25.92%
FREE CASH FLOW
Cash From Operating Activities $0.00 $408.00 $0.00
Capital Expenditures $0.00 $0.00 $0.00
Free Cash Flow $0.00 $408.00 $0.00
YoY Change

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Files In Submission

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exhibit311.htm Edgar Link pending
exhibit312.htm Edgar Link pending
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