$FCUV
FOCUS UNIVERSAL INC. Stock $fcuv

$fcuv Overview Financials Valuation SEC Filings Company Website

2017 Q1 Form 10-K Financial Statement

#000168316817000639 Filed on March 22, 2017

Income Statement

Concept	2017 Q1	2016	2015 Q4
Revenue	$82.19K	$1.122M	$10.00K
YoY Change	-2.6%	5468.13%
Cost Of Revenue	$20.34K	$866.6K	$0.00
YoY Change	254.9%	7998.68%
Gross Profit	$61.85K	$255.4K	$0.00
YoY Change	-21.36%	2602.85%
Gross Profit Margin	75.26%	22.77%	0.0%
Selling, General & Admin	$120.0K	$520.5K	$50.00K
YoY Change	-25.0%	346.17%	400.0%
% of Gross Profit	194.01%	203.8%
Research & Development	$54.48K	$201.9K
YoY Change	49.13%
% of Gross Profit	88.07%	79.05%
Depreciation & Amortization	$456.00	$1.130K	$0.00
YoY Change	310.81%	391.3%
% of Gross Profit	0.74%	0.44%
Operating Expenses	$175.4K	$722.4K	$50.00K
YoY Change	-9.14%	670.28%	327.75%
Operating Profit	-$113.5K	-$467.0K	-$50.00K
YoY Change	-0.74%	453.74%	327.75%
Interest Expense	$0.00	$203.00	$0.00
YoY Change	-100.0%	-105.18%
% of Operating Profit
Other Income/Expense, Net	$4.797K	$588.00
YoY Change	1818.8%	-98.55%
Pretax Income	-$108.7K	-$466.9K	-$40.00K
YoY Change	-5.47%	329.09%	300.0%
Income Tax	$0.00	$495.00	$0.00
% Of Pretax Income
Net Earnings	-$108.7K	-$467.4K	-$40.00K
YoY Change	-6.12%	454.22%	242.2%
Net Earnings / Revenue	-132.27%	-41.66%	-400.0%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.00	-$13.52K	$0.00
COMMON SHARES
Basic Shares Outstanding	34.57M shares		6.580M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2017 Q1	2016	2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$220.0K	$340.1K	$830.0K
YoY Change	-63.33%	-59.13%
Cash & Equivalents	$216.8K	$340.1K	$832.0K
Short-Term Investments
Other Short-Term Assets	$10.00K	$7.960K	$10.00K
YoY Change	0.0%	-46.79%	0.0%
Inventory	$97.59K	$68.50K	$51.57K
Prepaid Expenses	$6.598K		$14.96K
Receivables	$105.5K	$35.90K	$106.9K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$426.4K	$452.4K	$1.005M
YoY Change	-37.59%	-55.0%	14300.42%
LONG-TERM ASSETS
Property, Plant & Equipment	$8.059K	$8.520K	$1.408K
YoY Change	246.47%	504.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$20.00K	$24.73K	$20.00K
YoY Change	0.0%	0.0%
Total Long-Term Assets	$32.79K	$33.25K	$26.13K
YoY Change	21.19%	27.25%
TOTAL ASSETS
Total Short-Term Assets	$426.4K	$452.4K	$1.005M
Total Long-Term Assets	$32.79K	$33.25K	$26.13K
Total Assets	$459.2K	$485.7K	$1.032M
YoY Change	-35.35%	-52.92%	14674.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$320.0K	$368.5K	$280.0K
YoY Change	39.13%	33.55%
Accrued Expenses			$0.00
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$80.00K
YoY Change		-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$477.7K	$431.4K	$499.7K
YoY Change	62.57%	-13.65%	221969.33%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$0.00	$470.00	$0.00
YoY Change		-48.35%
Total Long-Term Liabilities	$0.00	$470.00	$0.00
YoY Change		-48.35%
TOTAL LIABILITIES
Total Short-Term Liabilities	$477.7K	$431.4K	$499.7K
Total Long-Term Liabilities	$0.00	$470.00	$0.00
Total Liabilities	$477.8K	$431.9K	$500.6K
YoY Change	61.92%	-13.72%	222374.22%
SHAREHOLDERS EQUITY
Retained Earnings	-$1.425M		-$216.8K
YoY Change	328.37%
Common Stock	$34.58K		$34.58K
YoY Change	0.0%		425.46%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$18.62K	$53.76K	$531.0K
YoY Change
Total Liabilities & Shareholders Equity	$459.2K	$485.7K	$1.032M
YoY Change	-35.35%	-52.92%	14674.72%

Cashflow Statement

Concept	2017 Q1	2016	2015 Q4
OPERATING ACTIVITIES
Net Income	-$108.7K	-$467.4K	-$40.00K
YoY Change	-6.12%	454.22%	242.2%
Depreciation, Depletion And Amortization	$456.00	$1.130K	$0.00
YoY Change	310.81%	391.3%
Cash From Operating Activities	-$120.0K	-$400.8K	$190.0K
YoY Change	-20.0%	-425.04%	-1050.0%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$8.239K	$0.00
YoY Change	-100.0%	-602.38%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	$0.00	-$8.239K	$0.00
YoY Change	-100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	0.000	-$82.90K	480.0K
YoY Change	-100.0%	-113.11%	1500.0%
NET CHANGE
Cash From Operating Activities	-120.0K	-$400.8K	190.0K
Cash From Investing Activities	$0.00	-$8.239K	0.000
Cash From Financing Activities	0.000	-$82.90K	480.0K
Net Change In Cash	$0.00	-$491.9K	670.0K
YoY Change	-100.0%		6600.0%
FREE CASH FLOW
Cash From Operating Activities	-$120.0K	-$400.8K	$190.0K
Capital Expenditures	$0.00	$8.239K	$0.00
Free Cash Flow	-$120.0K	-$409.0K	$190.0K
YoY Change	-20.55%	-427.36%	-1050.0%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2017Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	34574706	shares
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	.001
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	75000000	shares
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	75000000	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	34574706	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	34574706	shares
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	34574706	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	34574706	shares
CY2015Q1	us-gaap	Stockholders Equity StockholdersEquity	-28814	usd
CY2014Q1	us-gaap	Stockholders Equity StockholdersEquity	-15854	usd
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	90100	usd
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	531004	usd
CY2016	us-gaap	Officers Compensation OfficersCompensation	121385	usd
	us-gaap	Officers Compensation OfficersCompensation	0	usd
CY2015Q1	us-gaap	Officers Compensation OfficersCompensation	0	usd
CY2016	us-gaap	Net Income Loss NetIncomeLoss	-440904	usd
	us-gaap	Net Income Loss NetIncomeLoss	-109615	usd
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	-35571	usd
CY2015	us-gaap	Net Income Loss NetIncomeLoss	-84341	usd
CY2016Q4	us-gaap	Due To Officers Or Stockholders Current DueToOfficersOrStockholdersCurrent	0	usd
CY2015Q4	us-gaap	Due To Officers Or Stockholders Current DueToOfficersOrStockholdersCurrent	19533	usd
CY2016	dei	Entity Registrant Name EntityRegistrantName	Focus Universal Inc.
CY2016	dei	Entity Central Index Key EntityCentralIndexKey	0001590418
CY2016	dei	Document Type DocumentType	10-K
CY2016	dei	Document Period End Date DocumentPeriodEndDate	2016-12-31
CY2016	dei	Amendment Flag AmendmentFlag	false
CY2016	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2016	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2016	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2016	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2016	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2016	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2016	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2016Q4	us-gaap	Assets Current AssetsCurrent	488763	usd
CY2015Q4	us-gaap	Assets Current AssetsCurrent	1005437	usd
CY2016Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	7962	usd
CY2015Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	14961	usd
CY2016Q4	us-gaap	Assets Assets	522006	usd
CY2015Q4	us-gaap	Assets Assets	1031571	usd
CY2016Q4	us-gaap	Deposits Assets Current DepositsAssetsCurrent	24726	usd
CY2015Q4	us-gaap	Deposits Assets Current DepositsAssetsCurrent	24726	usd
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8517	usd
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1408	usd
CY2016Q4	us-gaap	Liabilities Liabilities	431906	usd
CY2015Q4	us-gaap	Liabilities Liabilities	500567	usd
CY2016Q4	us-gaap	Liabilities Current LiabilitiesCurrent	431438	usd
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	499656	usd
CY2016Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	0	usd
CY2015Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	63369	usd
CY2016Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	372912	usd
CY2015Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	275925	usd
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	34575	usd
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	34575	usd
CY2016Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	713239	usd
CY2015Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	713239	usd
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-657714	usd
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-216810	usd
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	522006	usd
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1031571	usd
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	78005	usd
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	340073	usd
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	832013	usd
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	136	usd
CY2016Q4	us-gaap	Deferred Rent Credit Current DeferredRentCreditCurrent	468	usd
CY2015Q4	us-gaap	Deferred Rent Credit Current DeferredRentCreditCurrent	911	usd
CY2016Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2016Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	usd
CY2016	us-gaap	Cost Of Revenue CostOfRevenue	57128	usd
	us-gaap	Cost Of Revenue CostOfRevenue	6075	usd
CY2015Q1	us-gaap	Cost Of Revenue CostOfRevenue	0	usd
CY2016	us-gaap	Gross Profit GrossProfit	280368	usd
	us-gaap	Gross Profit GrossProfit	11773	usd
CY2015Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	usd
CY2016	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2016Q4	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	9879	usd
CY2015Q4	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	1640	usd
CY2016Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1362	usd
	us-gaap	Revenues Revenues	17848	usd
CY2015Q1	us-gaap	Revenues Revenues	0	usd
CY2015Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	232	usd
CY2016	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	67700	usd
	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	65409	usd
CY2016Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	800	usd
CY2015Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	800	usd
CY2016	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
CY2016Q4	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	47344	usd
CY2016Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	93744	usd
CY2016Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	0	usd
CY2016	us-gaap	Operating Leases Rent Expense Sublease Rentals1 OperatingLeasesRentExpenseSubleaseRentals1	26400	usd
CY2015	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	32250	usd
CY2017Q1	dei	Entity Public Float EntityPublicFloat	51862059	usd
CY2016Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	35896	usd
CY2015Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	106889	usd
CY2016Q4	us-gaap	Inventory Net InventoryNet	104832	usd
CY2015Q4	us-gaap	Inventory Net InventoryNet	51574	usd
CY2016Q4	us-gaap	Customer Deposits Current CustomerDepositsCurrent	57726	usd
CY2015Q4	us-gaap	Customer Deposits Current CustomerDepositsCurrent	140029	usd
CY2015	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	42131	usd
CY2016	us-gaap	Revenues Revenues	337496	usd
CY2015Q1	us-gaap	Gross Profit GrossProfit	0	usd
CY2016	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	201899	usd
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	0	usd
CY2015Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	0	usd
CY2016	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	142956	usd
	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	71153	usd
CY2015Q1	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	27785	usd
CY2016	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	257365	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	45517	usd
CY2015Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7786	usd
CY2016	us-gaap	Operating Expenses OperatingExpenses	723605	usd
	us-gaap	Operating Expenses OperatingExpenses	116670	usd
CY2015Q1	us-gaap	Operating Expenses OperatingExpenses	35571	usd
CY2016	us-gaap	Operating Income Loss OperatingIncomeLoss	-443237	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-104897	usd
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-35571	usd
CY2016	us-gaap	Interest Expense InterestExpense	203	usd
	us-gaap	Interest Expense InterestExpense	3918	usd
CY2015Q1	us-gaap	Interest Expense InterestExpense	0	usd
CY2016	us-gaap	Other Income OtherIncome	5736	usd
	us-gaap	Other Income OtherIncome	0	usd
CY2015Q1	us-gaap	Other Income OtherIncome	0	usd
CY2016	us-gaap	Other Expenses OtherExpenses	1600	usd
	us-gaap	Other Expenses OtherExpenses	0	usd
CY2015Q1	us-gaap	Other Expenses OtherExpenses	0	usd
CY2016	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	3933	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3918	usd
CY2015Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	0	usd
CY2016	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-439304	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-108815	usd
CY2015Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-35571	usd
CY2016	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1600	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	800	usd
CY2015Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2016	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-.01
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-.02
CY2016	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	34574706	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6681799	shares
CY2015Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6580000	shares
CY2015	fcuv	Common Stock Subscription Value CommonStockSubscriptionValue	3000	usd
	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	669433	usd
CY2016	us-gaap	Depreciation Depreciation	1130	usd
	us-gaap	Depreciation Depreciation	232	usd
CY2015Q1	us-gaap	Depreciation Depreciation	0	usd
CY2016	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-70993	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	106889	usd
CY2015Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	0	usd
CY2016	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	53258	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	51574	usd
CY2015Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	0	usd
CY2016	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-6999	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	3096	usd
CY2015Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	5019	usd
CY2016	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	0	usd
	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	1630	usd
CY2015Q1	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	23096	usd
CY2016	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	96987	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	267072	usd
CY2015Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	21076	usd
CY2016	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	0	usd
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-12927	usd
CY2015Q1	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	479	usd
CY2016	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	-82303	usd
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	140029	usd
CY2015Q1	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	0	usd
CY2016	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	0	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	800	usd
CY2015Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	0	usd
CY2016	us-gaap	Increase Decrease In Other Deferred Liability IncreaseDecreaseInOtherDeferredLiability	-443	usd
	us-gaap	Increase Decrease In Other Deferred Liability IncreaseDecreaseInOtherDeferredLiability	911	usd
CY2015Q1	us-gaap	Increase Decrease In Other Deferred Liability IncreaseDecreaseInOtherDeferredLiability	0	usd
CY2016	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-400799	usd
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	123313	usd
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-42131	usd
CY2016	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	8239	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1640	usd
CY2015Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	0	usd
CY2016	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8239	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1640	usd
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	0	usd
CY2016	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	0	usd
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	63369	usd
CY2015Q1	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	20000	usd
CY2016	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	63369	usd
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	20000	usd
CY2015Q1	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	0	usd
CY2016	us-gaap	Proceeds From Loans ProceedsFromLoans	0	usd
	us-gaap	Proceeds From Loans ProceedsFromLoans	19533	usd
CY2015Q1	us-gaap	Proceeds From Loans ProceedsFromLoans	100000	usd
CY2016	fcuv	Repayment To Shareholders RepaymentToShareholders	19533	usd
	fcuv	Repayment To Shareholders RepaymentToShareholders	100000	usd
CY2015Q1	fcuv	Repayment To Shareholders RepaymentToShareholders	0	usd
CY2016	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	0	usd
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	669433	usd
CY2015Q1	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	0	usd
CY2016	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-82902	usd
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	632335	usd
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	120000	usd
CY2016	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-491940	usd
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	754008	usd
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	77869	usd
CY2016	us-gaap	Interest Paid InterestPaid	501	usd
	us-gaap	Interest Paid InterestPaid	0	usd
CY2015Q1	us-gaap	Interest Paid InterestPaid	0	usd
CY2016	us-gaap	Income Taxes Paid IncomeTaxesPaid	1600	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
CY2015Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
CY2016	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font-size: 8pt"><i></i></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font-size: 8pt"><i><u>Concentrations of Credit Risk </u></i></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font-size: 8pt"><i> </i></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font-size: 8pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents. The Company limits its exposure to credit loss by investing its cash with high credit quality financial institutions.</font></p>
CY2016	us-gaap	Use Of Estimates UseOfEstimates	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font-size: 8pt"><i></i></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font-size: 8pt"><i><u>Use of estimates</u></i></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font-size: 8pt"> </font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font-size: 8pt">In preparing the consolidated financial statements, management makes assumptions, estimates and judgments that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the consolidated financial statements and the reported amounts of net sales and expenses during the reported periods. Management’s estimates are based on historical experience and on our expectations that are believed to be reasonable. The combination of these factors forms the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from our current estimates and those differences may be material.</font></p>
CY2016	us-gaap	Reclassifications Reclassifications	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font-size: 8pt"></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font-size: 8pt"><i><u>Reclassification</u></i></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font-size: 8pt"><i> </i></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font-size: 8pt">Certain items in December 31, 2016 and December 31, 2015 financial statements have been reclassified to comply with the current period presentation. These reclassifications had no effect on previously reported net loss.</font></p>
CY2016Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	usd
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	usd
CY2016	us-gaap	Advertising Expense AdvertisingExpense	3736	usd
	us-gaap	Advertising Expense AdvertisingExpense	0	usd
CY2016Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	0	usd
CY2015Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	0	usd
CY2016	us-gaap	Operating Loss Carryforwards Expiration Date OperatingLossCarryforwardsExpirationDate	2033-12-31

Files In Submission

Name	View Source	Status
fcuv-20161231_cal.xml	Edgar Link	unprocessable
0001683168-17-000639-index-headers.html	Edgar Link	pending
0001683168-17-000639-index.html	Edgar Link	pending
0001683168-17-000639.txt	Edgar Link	pending
0001683168-17-000639-xbrl.zip	Edgar Link	pending
fcuv-20161231.xsd	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
focus_10k-123116.htm	Edgar Link	pending
focus_10k-ex3101.htm	Edgar Link	pending
focus_10k-ex3102.htm	Edgar Link	pending
focus_10k-ex3201.htm	Edgar Link	pending
focus_10k-ex3202.htm	Edgar Link	pending
focus_10k-ex9901.htm	Edgar Link	pending
fcuv-20161231_def.xml	Edgar Link	unprocessable
fcuv-20161231_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
fcuv-20161231_pre.xml	Edgar Link	unprocessable
fcuv-20161231.xml	Edgar Link	completed
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$FCUV
FOCUS UNIVERSAL INC. Stock $fcuv

2017 Q1 Form 10-K Financial Statement

#000168316817000639 Filed on March 22, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FCUV FOCUS UNIVERSAL INC. Stock $fcuv

2017 Q1 Form 10-K Financial Statement

#000168316817000639 Filed on March 22, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FCUV
FOCUS UNIVERSAL INC. Stock $fcuv