$FUST
FUSE GROUP HOLDING INC. Stock $fust

$fust Overview Financials Valuation SEC Filings Company Website

2023 Q1 Form 10-Q Financial Statement

#000118518523000134 Filed on February 14, 2023

Income Statement

Concept	2023 Q1	2022 Q4	2021 Q4
Revenue	$0.00	$0.00	$200.0K
YoY Change		-100.0%	100.0%
Cost Of Revenue	$0.00	$0.00	$10.02K
YoY Change		-100.0%	-0.2%
Gross Profit	$0.00	$0.00	$190.0K
YoY Change		-100.0%	111.18%
Gross Profit Margin			94.99%
Selling, General & Admin	$133.4K	$115.2K	$179.8K
YoY Change	-35.17%	-35.94%	6.71%
% of Gross Profit			94.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$455.00	$455.00	$550.00
YoY Change	1.11%	-17.27%	0.0%
% of Gross Profit			0.29%
Operating Expenses	$133.4K	$115.2K	$179.8K
YoY Change	-35.17%	-35.94%	6.71%
Operating Profit	-$133.4K	-$115.2K	$10.16K
YoY Change	-35.17%	-1233.87%	-112.93%
Interest Expense	$5.076K	$4.278K	-$1.020K
YoY Change	-450.07%	-519.41%	2.0%
% of Operating Profit			-10.04%
Other Income/Expense, Net	-$5.076K	-$4.278K	-$840.00
YoY Change	2317.14%	409.29%	121.05%
Pretax Income	-$138.5K	-$119.5K	$8.300K
YoY Change	-33.24%	-1539.51%	-110.38%
Income Tax	$0.00	$2.400K	$2.400K
% Of Pretax Income			28.92%
Net Earnings	-$138.5K	-$121.9K	$5.904K
YoY Change	-33.24%	-2164.35%	-107.39%
Net Earnings / Revenue			2.95%
Basic Earnings Per Share	$0.00	$0.00
Diluted Earnings Per Share	$0.00	$0.00	$91.08
COMMON SHARES
Basic Shares Outstanding	64.78M shares	64.78M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2023 Q1	2022 Q4	2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$39.72K	$67.58K	$81.00K
YoY Change	-70.96%	-16.57%	-36.99%
Cash & Equivalents	$39.72K	$67.58K	$81.00K
Short-Term Investments
Other Short-Term Assets	$5.240K	$8.300K	$10.97K
YoY Change	12.21%	-24.34%	345.93%
Inventory
Prepaid Expenses	$5.236K	$8.295K
Receivables			$50.00K
Other Receivables			$0.00
Total Short-Term Assets	$44.96K	$75.88K	$142.0K
YoY Change	-68.21%	-46.55%	8.37%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.366K	$1.821K	$3.640K
YoY Change	-98.17%	-49.97%	-87.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets		$0.00	$0.00
YoY Change			-100.0%
Total Long-Term Assets	$47.20K	$54.19K	$3.640K
YoY Change	-36.85%	1388.82%	-99.65%
TOTAL ASSETS
Total Short-Term Assets	$44.96K	$75.88K	$142.0K
Total Long-Term Assets	$47.20K	$54.19K	$3.640K
Total Assets	$92.16K	$130.1K	$145.6K
YoY Change	-57.37%	-10.67%	-87.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$2.842K	$34.75K	$0.00
YoY Change	-88.63%		-100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$200.0K	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.090K	$2.250K	$2.680K
YoY Change	-35.09%	-16.04%	-94.73%
Total Short-Term Liabilities	$249.4K	$40.93K	$9.150K
YoY Change	522.75%	347.36%	-89.15%
LONG-TERM LIABILITIES
Long-Term Debt	$503.0K	$603.5K	$105.8K
YoY Change	64.78%	470.51%	-0.45%
Other Long-Term Liabilities	$19.91K	$27.20K
YoY Change	-58.18%
Total Long-Term Liabilities	$522.9K	$630.7K	$105.8K
YoY Change	48.19%	496.22%	-0.45%
TOTAL LIABILITIES
Total Short-Term Liabilities	$249.4K	$40.93K	$9.150K
Total Long-Term Liabilities	$522.9K	$630.7K	$105.8K
Total Liabilities	$772.2K	$671.7K	$114.9K
YoY Change	96.55%	484.42%	-39.71%
SHAREHOLDERS EQUITY
Retained Earnings	-$7.695M	-$7.556M
YoY Change
Common Stock	$64.78K	$64.78K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$680.1K	-$541.6K	$30.67K
YoY Change
Total Liabilities & Shareholders Equity	$92.16K	$130.1K	$145.6K
YoY Change	-57.37%	-10.67%	-87.44%

Cashflow Statement

Concept	2023 Q1	2022 Q4	2021 Q4
OPERATING ACTIVITIES
Net Income	-$138.5K	-$121.9K	$5.904K
YoY Change	-33.24%	-2164.35%	-107.39%
Depreciation, Depletion And Amortization	$455.00	$455.00	$550.00
YoY Change	1.11%	-17.27%	0.0%
Cash From Operating Activities	-$127.1K	-$114.9K	-$53.98K
YoY Change	-11.65%	112.79%	-18.11%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$550.00
YoY Change
Cash From Financing Activities	99.26K	$149.5K	-530.0
YoY Change	-50.28%	-28298.11%
NET CHANGE
Cash From Operating Activities	-127.1K	-$114.9K	-53.98K
Cash From Investing Activities
Cash From Financing Activities	99.26K	$149.5K	-530.0
Net Change In Cash	-27.85K	$34.59K	-54.51K
YoY Change	-149.94%	-163.45%	-17.31%
FREE CASH FLOW
Cash From Operating Activities	-$127.1K	-$114.9K	-$53.98K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q4	dei	Document Type DocumentType	10-Q
CY2022Q4	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2022Q4	dei	Document Period End Date DocumentPeriodEndDate	2022-12-31
CY2022Q4	dei	Document Transition Report DocumentTransitionReport	false
CY2022Q4	dei	Entity File Number EntityFileNumber	333-202948
CY2022Q4	dei	Entity Registrant Name EntityRegistrantName	FUSE GROUP HOLDING INC
CY2022Q4	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2022Q4	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	47-1017473
CY2022Q4	dei	Entity Address Address Line1 EntityAddressAddressLine1	805 W. Duarte Rd., Suite 102
CY2022Q4	dei	Entity Address City Or Town EntityAddressCityOrTown	Arcadia
CY2022Q4	dei	Entity Address State Or Province EntityAddressStateOrProvince	CA
CY2022Q4	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	91006
CY2022Q4	dei	City Area Code CityAreaCode	(626)
CY2022Q4	dei	Local Phone Number LocalPhoneNumber	210-0000
CY2022Q4	dei	Security12b Title Security12bTitle	None
CY2022Q4	dei	Trading Symbol TradingSymbol	N/A
CY2022Q4	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022Q4	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022Q4	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2022Q4	dei	Entity Small Business EntitySmallBusiness	true
CY2022Q4	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022Q4	dei	Entity Shell Company EntityShellCompany	false
CY2023Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	64778050	shares
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	67581	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	32996	usd
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	8295	usd
CY2022Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	12018	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	75876	usd
CY2022Q3	us-gaap	Assets Current AssetsCurrent	45014	usd
CY2022Q4	us-gaap	Prepaid Expense Noncurrent PrepaidExpenseNoncurrent	0	usd
CY2022Q3	us-gaap	Prepaid Expense Noncurrent PrepaidExpenseNoncurrent	0	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1821	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2276	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	52372	usd
CY2022Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	58835	usd
CY2022Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	54193	usd
CY2022Q3	us-gaap	Assets Noncurrent AssetsNoncurrent	61111	usd
CY2022Q4	us-gaap	Assets Assets	130069	usd
CY2022Q3	us-gaap	Assets Assets	106125	usd
CY2022Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	3932	usd
CY2022Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	4670	usd
CY2022Q4	us-gaap	Interest Payable Current InterestPayableCurrent	7750	usd
CY2022Q3	us-gaap	Interest Payable Current InterestPayableCurrent	4466	usd
CY2022Q4	us-gaap	Loans Payable Current LoansPayableCurrent	2251	usd
CY2022Q3	us-gaap	Loans Payable Current LoansPayableCurrent	2230	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	27000	usd
CY2022Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	26207	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	40933	usd
CY2022Q3	us-gaap	Liabilities Current LiabilitiesCurrent	37573	usd
CY2022Q4	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	500000	usd
CY2022Q3	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	350000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	27200	usd
CY2022Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	34167	usd
CY2022Q4	us-gaap	Long Term Loans Payable LongTermLoansPayable	103537	usd
CY2022Q3	us-gaap	Long Term Loans Payable LongTermLoansPayable	104107	usd
CY2022Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	630737	usd
CY2022Q3	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	488274	usd
CY2022Q4	us-gaap	Liabilities Liabilities	671670	usd
CY2022Q3	us-gaap	Liabilities Liabilities	525847	usd
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	375000000	shares
CY2022Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	375000000	shares
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	64778	usd
CY2022Q3	us-gaap	Common Stock Value CommonStockValue	64778	usd
CY2022Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	64778050	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	64778050	shares
CY2022Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	64778050	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	64778050	shares
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	6949717	usd
CY2022Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	6949717	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7556096	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7434217	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-541601	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	-419722	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	130069	usd
CY2022Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	106125	usd
CY2022Q4	us-gaap	Revenues Revenues	0	usd
CY2021Q4	us-gaap	Revenues Revenues	200000	usd
CY2022Q4	us-gaap	Cost Of Revenue CostOfRevenue	0	usd
CY2021Q4	us-gaap	Cost Of Revenue CostOfRevenue	10015	usd
CY2022Q4	us-gaap	Gross Profit GrossProfit	0	usd
CY2021Q4	us-gaap	Gross Profit GrossProfit	189985	usd
CY2022Q4	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	99701	usd
CY2021Q4	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	161438	usd
CY2022Q4	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	15500	usd
CY2021Q4	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	18384	usd
CY2022Q4	us-gaap	Operating Expenses OperatingExpenses	115201	usd
CY2021Q4	us-gaap	Operating Expenses OperatingExpenses	179822	usd
CY2022Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-115201	usd
CY2021Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	10163	usd
CY2022Q4	us-gaap	Interest Expense InterestExpense	4278	usd
CY2021Q4	us-gaap	Interest Expense InterestExpense	1015	usd
CY2022Q4	us-gaap	Other Expenses OtherExpenses	0	usd
CY2021Q4	us-gaap	Other Expenses OtherExpenses	844	usd
CY2022Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-4278	usd
CY2021Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1859	usd
CY2022Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-119479	usd
CY2021Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	8304	usd
CY2022Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2400	usd
CY2021Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2400	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	-121879	usd
CY2021Q4	us-gaap	Net Income Loss NetIncomeLoss	5904	usd
CY2022Q4	fsnt	Weighted Average Number Of Share Outstanding Basic And Diluted1 WeightedAverageNumberOfShareOutstandingBasicAndDiluted1	64778050	shares
CY2021Q4	fsnt	Weighted Average Number Of Share Outstanding Basic And Diluted1 WeightedAverageNumberOfShareOutstandingBasicAndDiluted1	64778050	shares
CY2022Q4	fsnt	Earnings Per Share Basic And Diluted1 EarningsPerShareBasicAndDiluted1	0
CY2021Q4	fsnt	Earnings Per Share Basic And Diluted1 EarningsPerShareBasicAndDiluted1	0
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	-121879	usd
CY2021Q4	us-gaap	Net Income Loss NetIncomeLoss	5904	usd
CY2022Q4	us-gaap	Depreciation Depreciation	455	usd
CY2021Q4	us-gaap	Depreciation Depreciation	548	usd
CY2022Q4	us-gaap	Operating Lease Expense OperatingLeaseExpense	7193	usd
CY2021Q4	us-gaap	Operating Lease Expense OperatingLeaseExpense	2478	usd
CY2022Q4	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-3723	usd
CY2021Q4	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-11912	usd
CY2022Q4	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	0	usd
CY2021Q4	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	50000	usd
CY2022Q4	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-738	usd
CY2021Q4	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-20332	usd
CY2022Q4	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	3284	usd
CY2022Q4	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-6903	usd
CY2021Q4	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-4488	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-114865	usd
CY2021Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-53978	usd
CY2022Q4	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	150000	usd
CY2021Q4	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	0	usd
CY2022Q4	us-gaap	Repayments Of Debt RepaymentsOfDebt	550	usd
CY2021Q4	us-gaap	Repayments Of Debt RepaymentsOfDebt	530	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	149450	usd
CY2021Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-530	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	34585	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-54508	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	32996	usd
CY2021Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	135503	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	67581	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	80995	usd
CY2022Q4	us-gaap	Income Taxes Paid IncomeTaxesPaid	2400	usd
CY2021Q4	us-gaap	Income Taxes Paid IncomeTaxesPaid	2400	usd
CY2022Q4	us-gaap	Interest Paid Net InterestPaidNet	995	usd
CY2021Q4	us-gaap	Interest Paid Net InterestPaidNet	1015	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	-419722	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	-121879	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-541601	usd
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	24770	usd
CY2021Q4	us-gaap	Net Income Loss NetIncomeLoss	5904	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	30674	usd
CY2022Q4	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><i><span style="text-decoration:underline">Reclassification</span></i></p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"> </p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Certain prior period’s accounts have been reclassified in conformity with current period’s presentation. These reclassifications had no effect on the reported results of operations.</p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"> </p>
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	67581	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	32996	usd
CY2022Q4	us-gaap	Use Of Estimates UseOfEstimates	<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><i><span style="text-decoration:underline">Use of Estimates</span></i></p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"> </p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The preparation of consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. The significant areas requiring the use of management estimates include, but are not limited to, the estimated useful life and residual value of property, plant and equipment, recognition and measurement of deferred income taxes and the valuation allowance for deferred tax assets. Although these estimates are based on management’s knowledge of current events and actions management may undertake in the future, actual results may ultimately differ from those estimates and such differences may be material to the consolidated financial statements.</p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2022Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	0	usd
CY2022Q3	us-gaap	Accounts Receivable Net AccountsReceivableNet	0	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7556096	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	-121879	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-114865	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1821	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2276	usd
CY2022Q4	us-gaap	Depreciation Depreciation	455	usd
CY2021Q4	us-gaap	Depreciation Depreciation	548	usd
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	8295	usd
CY2022Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	12018	usd
CY2022Q4	us-gaap	Interest Expense Debt InterestExpenseDebt	3284	usd
CY2022Q4	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	500000	usd
CY2022Q4	us-gaap	Interest Payable Current InterestPayableCurrent	7750	usd
CY2022Q3	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	350000	usd
CY2022Q3	us-gaap	Interest Payable Current InterestPayableCurrent	4466	usd
CY2022Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	3932	usd
CY2022Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	4670	usd
CY2022Q4	us-gaap	Accrued Payroll Taxes Current And Noncurrent AccruedPayrollTaxesCurrentAndNoncurrent	2202	usd
CY2022Q4	us-gaap	Accrued Salaries Current And Noncurrent AccruedSalariesCurrentAndNoncurrent	1730	usd
CY2022Q3	us-gaap	Accrued Salaries Current And Noncurrent AccruedSalariesCurrentAndNoncurrent	4670	usd
CY2021Q4	us-gaap	Interest Expense Debt InterestExpenseDebt	1015	usd
CY2022Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	2251	usd
CY2022Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	2337	usd
CY2022Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	2426	usd
CY2022Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	2519	usd
CY2022Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	2615	usd
CY2022Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	93640	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	105788	usd
CY2022Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	1390000	usd
CY2022Q4	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	0	usd
CY2021Q4	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	200000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	1392105	usd
CY2022Q3	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	1358751	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves	279836	usd
CY2022Q3	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves	279836	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities	512	usd
CY2022Q3	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities	431	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1672453	usd
CY2022Q3	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1639018	usd
CY2022Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2022Q3	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2022Q4	fsnt	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate1 EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate1	-0.21	pure
CY2021Q4	fsnt	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate1 EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate1	0.21	pure
CY2022Q4	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0	pure
CY2021Q4	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.0003	pure
CY2022Q4	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0	pure
CY2021Q4	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.0484	pure
CY2022Q4	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	-0.0497	pure
CY2021Q4	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.0702	pure
CY2022Q4	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	0.2798	pure
CY2021Q4	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.0399	pure
CY2022Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.0201	pure
CY2021Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.289	pure
CY2021Q1	us-gaap	Business Combination Consideration Transferred Other1 BusinessCombinationConsiderationTransferredOther1	1000000	usd
CY2022Q4	us-gaap	Operating Lease Cost OperatingLeaseCost	7193	usd
CY2021Q4	us-gaap	Operating Lease Cost OperatingLeaseCost	2478	usd
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P1Y10M2D
CY2021Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P0Y
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.05	pure
CY2021Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.04	pure
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	29100	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	27884	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	56984	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	2784	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	54200	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	27000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	27200	usd
CY2021Q3	fsnt	Employment Agreement Annual Compensation EmploymentAgreementAnnualCompensation	50000	usd
CY2022Q3	fsnt	Employment Agreement Annual Compensation EmploymentAgreementAnnualCompensation	50000	usd
CY2022Q4	dei	Amendment Flag AmendmentFlag	false
CY2022Q4	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
CY2022Q4	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q4	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2022Q4	dei	Entity Central Index Key EntityCentralIndexKey	0001636051

Files In Submission

Name	View Source	Status
fsnt-20221231_cal.xml	Edgar Link	unprocessable
fsnt-20221231_lab.xml	Edgar Link	unprocessable
fsnt-20221231_def.xml	Edgar Link	unprocessable
0001185185-23-000134-index-headers.html	Edgar Link	pending
0001185185-23-000134-index.html	Edgar Link	pending
0001185185-23-000134.txt	Edgar Link	pending
0001185185-23-000134-xbrl.zip	Edgar Link	pending
ex_471256.htm	Edgar Link	pending
ex_471257.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
fsnt-20221231.xsd	Edgar Link	pending
fusegroup20221231_10q.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.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
fusegroup20221231_10q_htm.xml	Edgar Link	completed
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
fsnt-20221231_pre.xml	Edgar Link	unprocessable

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$FUST
FUSE GROUP HOLDING INC. Stock $fust

2023 Q1 Form 10-Q Financial Statement

#000118518523000134 Filed on February 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FUST FUSE GROUP HOLDING INC. Stock $fust

2023 Q1 Form 10-Q Financial Statement

#000118518523000134 Filed on February 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FUST
FUSE GROUP HOLDING INC. Stock $fust