FOCUS UNIVERSAL INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $255,023 | $398,137 | $440,543 | $353,619 | $1.4M |
| Cost of revenue | $290,275 | $387,936 | $380,884 | $330,899 | $1.1M |
| Gross profit | -$35,252 | $10,201 | $59,659 | $22,720 | $297,159 |
| Research and development | $919,965 | $1.4M | $1.3M | $1.1M | $220,469 |
| Operating expenses | $4.9M | $6.2M | $5.0M | $5.2M | $3.3M |
| Operating income | -$4.9M | -$6.2M | -$5.0M | -$5.2M | -$3.0M |
| Pretax income | — | — | — | -$4.9M | -$3.2M |
| Income tax expense | $0 | $0 | $0 | $0 | $0 |
| Net income | -$4.8M | -$3.2M | -$4.7M | -$4.9M | -$3.2M |
| Balance Sheet | |||||
| Current assets | $8.6M | $3.8M | $1.0M | $4.8M | $9.2M |
| Total assets | $8.9M | $4.1M | $5.3M | $9.3M | $14.0M |
| Current liabilities | $366,471 | $876,975 | $1.7M | $1.4M | $571,442 |
| Total liabilities | $366,471 | $885,089 | $1.8M | $1.6M | $899,758 |
| Stockholders' equity | $2.6M | $3.2M | $3.5M | $7.8M | $13.1M |
| Cash Flow Statement | |||||
| Cash from operations | -$5.1M | -$4.7M | -$3.5M | -$3.0M | -$2.0M |
| Depreciation and amortization | $23,801 | $73,611 | $167,983 | $166,266 | $162,160 |
| Stock-based compensation | — | — | — | $0 | $48,000 |
| Capital expenditure | $28,106 | $18,687 | $20,620 | $42,187 | $22,990 |
| Free cash flow | -$5.1M | -$4.7M | -$3.5M | -$3.0M | -$2.0M |
| Share repurchases | $494,389 | $669,906 | $1.4M | $1.0M | $0 |
| Impairments | — | — | — | — | $0 |
Shares outstanding 2.1M · Free float 32.4%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.