Focus Universal Inc. balance sheet
At the end of fiscal 2025, Focus Universal Inc. had total assets of $8.9m, total liabilities of $366,471 and shareholders' equity of $2.6m. It held $7.9m in cash against $0 of debt.
Balance sheet
| Fiscal year | 2014Mar 2014 | 2015Mar 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 0 | 0 | 4 | — | 1 | 9 | 4 | 0 | 4 | 8 | 2 |
| Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total current assets | 0 | 0 | 0 | 0 | 5 | 2 | 1 | 9 | 5 | 1 | 4 | 9 | 2 |
| Goodwill | — | — | — | — | 0 | — | — | — | — | — | — | — | — |
| Total assets | 0 | 0 | 0 | 0 | 9 | 7 | 6 | 14 | 9 | 5 | 4 | 9 | 20 |
| Deferred revenue (current) | — | — | — | — | 0 | 0 | 0 | 0 | — | — | — | — | — |
| Total current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 1 | 0 | 1 |
| Short-term debt | — | — | — | — | — | — | — | — | — | 0 | — | — | — |
| Long-term debt | — | — | 0 | 0 | 0 | 0 | — | — | — | — | — | — | 18 |
| Total debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18 |
| Total liabilities | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 2 | 2 | 1 | 0 | 12 |
| Shareholders' equity | −0 | −0 | 0 | −0 | 9 | 7 | 5 | 13 | 8 | 4 | 3 | 3 | 8 |
| Non-controlling interests and other (assets − liabilities − equity) | — | — | — | — | — | — | — | — | — | — | — | 6 | — |
| Shares outstanding | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total current assets | 6 | 4 | 3 | 2 | 1 | 9 | 7 | 2 |
| Total assets | 6 | 4 | 3 | 2 | 1 | 9 | 8 | 20 |
| Total current liabilities | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 |
| Short-term debt | 0 | — | — | — | — | — | — | — |
| Long-term debt | — | — | — | — | — | — | — | 18 |
| Total debt | 0 | — | — | — | — | — | — | 18 |
| Total liabilities | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 12 |
| Shareholders' equity | 5 | 3 | 2 | 1 | 0 | 3 | 2 | 8 |
| Non-controlling interests and other (assets − liabilities − equity) | — | — | — | — | — | 6 | 5 | — |
| Shares outstanding | 73m | — | 7m | 7m | 7m | — | 1m | — |
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