FOCUS UNIVERSAL INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $255.0K | $398.1K | $440.5K | $353.6K | $1.4M | $1.7M | $1.5M | $308.1K |
| Cost of Revenue | $290.3K | $387.9K | $380.9K | $330.9K | $1.1M | $1.4M | $1.3M | $137.9K |
| Gross Profit | $-35.3K | $10.2K | $59.7K | $22.7K | $297.2K | $283.8K | $118.2K | $170.2K |
| Gross Margin | -13.8% | 2.6% | 13.5% | 6.4% | 20.7% | 16.9% | 8.1% | 55.2% |
| Operating Expenses | ||||||||
| Research & Development | $920.0K | $1.4M | $1.3M | $1.1M | $220.5K | $256.6K | $255.2K | $221.5K |
| SG&A Expense | $2.1M | $2.1M | $1.7M | $2.1M | $1.4M | $1.3M | $1.1M | $451.6K |
| Operating Income | $-4.9M | $-6.2M | $-5.0M | $-5.2M | $-3.0M | $-2.7M | $-3.3M | $-1.6M |
| Operating Margin | -1,918.8% | -1,557.3% | -1,124.0% | -1,472.1% | -210.3% | -161.0% | -228.1% | -514.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | — | — | $-4.9M | $-3.2M | $-2.5M | $-3.2M | $-2.0M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $-4.8M | $-3.2M | $-4.7M | $-4.9M | $-3.2M | $-2.5M | $-3.2M | $-2.0M |
| Net Margin | -1,877.4% | -803.8% | -1,071.0% | -1,393.3% | -224.5% | -151.1% | -217.4% | -657.1% |
| EPS (Basic) | $-7.07 | $-4.77 | $-0.78 | $-0.08 | $-0.08 | $-0.06 | $-0.08 | $-0.05 |
| EPS (Diluted) | $-7.07 | $-4.77 | $-0.78 | $-0.08 | $-0.08 | $-0.06 | $-0.08 | $-0.05 |
| Shares Outstanding (Basic) | 742.2K | 671.5K | 6.0M | 65.1M | 41.7M | 41.0M | 41.0M | 40.9M |
| Shares Outstanding (Diluted) | 742.2K | 671.5K | 6.0M | 65.1M | 41.7M | 41.0M | 41.0M | 40.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |