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Focus Universal Inc. 10-Q Filings

FCUV NASDAQ

Every 10-Q that Focus Universal Inc. (FCUV) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow FCUV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FCUV filings page.

Rhea-AI Summary

Focus Universal Inc. reported a net loss of $2.77 million for the six months ended June 30 2026, similar to the prior-year loss of $2.76 million. Total revenue rose to $723,143 from $225,585, driven by new rental income of $651,950 from a recently acquired office property.

Total assets increased to $20.0 million from $8.9 million, primarily due to the $17.7 million acquisition of a Class A office building financed with an $11.05 million bank loan. Cash declined to $1.60 million, and operating activities used $1.89 million of cash in the period.

The company redeemed and converted all Series B preferred stock, eliminating $5.95 million of temporary equity while raising $3.55 million through pre-funded units and issuing associated common stock and warrants. Management and the auditor disclosed substantial doubt about the company’s ability to continue as a going concern due to recurring losses, negative operating cash flow, and accumulated deficit.

Rhea-AI Summary

Focus Universal Inc. reported first-quarter 2026 revenue of $47,973, down sharply from $190,255 a year earlier, and a net loss of $1,246,078, roughly in line with the prior-year loss. Operating expenses stayed high at $1,286,955, leaving only $15,244 of gross profit.

As of March 31, 2026, the company had an accumulated deficit of $32,496,155 and negative operating cash flow of $1,148,500, leading management and auditors to highlight substantial doubt about its ability to continue as a going concern. To fund operations and growth, Focus Universal converted most of its Series B preferred stock into common shares, sold about $4,000,000 of pre-funded units with warrants in April 2026, and took an $11,050,000 term loan to help purchase a new $17,700,000 headquarters building.

Rhea-AI Summary

Focus Universal Inc. (FCUV) filed its Q3 2025 10‑Q, showing lower sales and continued losses alongside post‑quarter financings. Revenue was $28,689 for the quarter versus $74,215 a year ago, and $254,274 for the nine months versus $264,954. Q3 net loss was $1,166,375; nine‑month net loss was $3,923,401. Gross profit for the nine months was $16,520 against operating expenses of $4,011,183.

Liquidity tightened: cash was $410,884 at September 30, 2025, down from $3,589,318 at year‑end, with operating cash outflow of $3,709,104 year‑to‑date. Total assets were $880,445 and stockholders’ equity was $174,807. The company disclosed substantial doubt about its ability to continue as a going concern.

Subsequent events: the company raised $6,000,000 via preferred stock in October 2025 and received an initial $3,000,000 under a Series B commitment. It also approved actions to increase authorized shares to 1,000,000,000 common and 100,000,000 preferred, permit up to $250 million in non‑public offerings within stated conditions, and allow a potential reverse split up to 200‑to‑1. Customer concentration remained high, with Customer A representing 99% of Q3 revenue.