This archived issue is not backfilled with observations from a later screening run.
Issue 002 | U.S. Pilot | US
FCUV
FOCUS UNIVERSAL INC.
Screen state: Passing
Source state: Verified
10-Q | 2026-05-14
Filing currency: USD
Internal NCAV Discount
55.3%
GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.
- Current Assets
- 6,783,177USD
- Total Liabilities
- 567,123USD
- NCAV
- 6,216,054USD
- Cash
- 6,021,591USD
- NCAV per share
- 6.06USD/share
- Evidence
- 10 annual | 23 quarterly
Mary filing review
Financial Statement Evidence
Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.
Business Profile
Published only when a substantive filing-text profile has been prepared for this issue.
Not available for this issue.
A substantive filing-text profile was not prepared for this company. Financial statement evidence and filing links remain available above for direct inspection.
Known Unknowns
Medium | Share Count
The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.
Low | Classification
U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.
Annual Financials
Latest annual periods, newest first. Missing cells render as n/a.
| Metric |
2025-12-31
10-K
USD
|
2024-12-31
10-K
USD
|
2023-12-31
10-K
USD
|
2022-12-31
10-K
USD
|
2021-12-31
10-K
USD
|
2020-12-31
10-K
USD
|
2019-12-31
10-K
USD
|
2018-12-31
10-K
USD
|
2017-12-31
10-K
USD
|
2016-12-31
10-K
USD
|
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 255,023 | 398,137 | 986,655 | 353,619 | 1,405,362 | 1,678,967 | 1,460,370 | 308,129 | 898,084 | 337,496 |
| Operating Income | -4,893,265 | -6,200,251 | -4,962,807 | -5,205,646 | -3,016,587 | -2,703,913 | -3,330,440 | -1,583,721 | -519,836 | -443,237 |
| Net Income | -4,787,769 | -3,200,138 | -4,718,142 | -4,926,937 | -3,220,977 | -2,537,113 | -3,175,543 | -2,024,664 | -626,361 | -440,904 |
| Cash From Operations | -5,102,771 | -4,656,754 | -3,528,762 | -2,957,983 | -2,228,405 | -1,955,091 | -1,697,771 | -1,411,703 | -445,673 | -400,799 |
| Capex | -28,106 | -18,687 | -20,620 | -42,187 | -22,990 | -1,314 | -11,148 | -4,599,792 | 0 | -8,239 |
| Free Cash Flow | -5,130,877 | -4,675,441 | -3,549,382 | -3,000,170 | -2,251,395 | -1,956,405 | -1,708,919 | -6,011,495 | -445,673 | -409,038 |
| Cash And Equivalents | 7,957,845 | 3,613,978 | 464,989 | 4,343,426 | n/a | n/a | n/a | 4,455,751 | 394,398 | 340,073 |
| Accounts Receivable | 7,125 | 5,584 | 164,398 | 78,313 | 177,315 | 190,556 | 137,338 | 10,908 | 26,311 | 35,896 |
| Inventory | 99,813 | 126,071 | 282,071 | 103,772 | 22,889 | 42,496 | 62,933 | 69,787 | 47,432 | 104,832 |
| Total Current Assets | 8,647,129 | 3,846,363 | 1,028,278 | 4,807,830 | 9,214,340 | 1,007,630 | 2,440,112 | 4,691,904 | 476,985 | 488,763 |
| Total Assets | 8,885,514 | 4,080,313 | 5,334,124 | 9,323,060 | 14,021,750 | 5,593,328 | 7,228,579 | 9,277,911 | 490,531 | 522,006 |
| Total Current Liabilities | 366,471 | 876,975 | 1,657,646 | 1,387,239 | 571,442 | 527,559 | 432,999 | 211,976 | 481,790 | 431,438 |
| Total Liabilities | 366,471 | 885,089 | 1,788,498 | 1,565,526 | 899,758 | 788,716 | 540,004 | 211,976 | 563,132 | 431,906 |
| Shareholders Equity | 2,572,759 | 3,195,224 | 3,545,626 | 7,757,534 | 13,121,992 | 4,804,612 | 6,688,575 | 9,065,935 | -72,601 | 90,100 |
| Shares Outstanding | 915,097 | 7,153,647 | 64,771,817 | 43,530,915 | 43,259,741 | 40,959,741 | 40,959,741 | 40,907,010 | 34,574,706 | 34,574,706 |
| Shares Outstanding Diluted | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Weighted Avg Shares Diluted | 742,201 | 6,714,478 | 60,314,871 | 43,413,080 | 41,715,905 | 40,959,741 | 40,949,482 | 37,778,614 | 34,574,706 | 34,574,706 |
| Weighted Avg Shares Basic | 742,201 | 6,714,478 | 60,314,871 | 43,413,080 | 41,715,905 | 40,959,741 | 40,949,482 | 37,778,614 | 34,574,706 | 34,574,706 |
| Net Share Count Change (Normalized) | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence |
| Ownership Claim Change (Normalized) | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence |
Quarterly Financials
Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.
| Metric |
2026-03-31
10-Q
USD
|
2025-12-31
10-K
USD
|
2025-12-31
10-K
USD
|
2025-09-30
10-Q
USD
|
2025-06-30
10-Q
USD
|
2025-03-31
10-Q
USD
|
2024-12-31
10-K
USD
|
2024-12-31
10-K
USD
|
2024-09-30
10-Q
USD
|
2024-06-30
10-Q
USD
|
2024-03-31
10-Q
USD
|
2023-12-31
10-K
USD
|
2023-12-31
10-K
USD
|
2023-09-30
10-Q
USD
|
2023-06-30
10-Q
USD
|
2023-03-31
10-Q
USD
|
2022-12-31
10-K
USD
|
2022-09-30
10-Q
USD
|
2022-06-30
10-Q
USD
|
2022-03-31
10-Q
USD
|
2021-12-31
10-K
USD
|
2021-09-30
10-Q
USD
|
2021-06-30
10-Q
USD
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 47,973 | 749 | 749 | 28,689 | 35,330 | 190,255 | 133,183 | 85,011 | 74,215 | 19,753 | 219,158 | 216,799 | 216,799 | 318,370 | 215,391 | 236,095 | 71,156 | 60,654 | 64,642 | 157,167 | 145,442 | 634,777 | 261,680 |
| Operating Income | -1,271,711 | -898,602 | -898,602 | -1,180,376 | -1,542,760 | -1,271,527 | -2,008,045 | -1,754,455 | -1,746,849 | -1,379,137 | -1,319,810 | -1,620,048 | -1,620,048 | -1,030,299 | -1,071,486 | -1,240,974 | -1,102,471 | -973,966 | -1,205,348 | -1,923,861 | -876,305 | -757,554 | -663,535 |
| Net Income | -1,246,078 | -864,368 | -864,368 | -1,166,375 | -1,505,648 | -1,251,378 | -1,961,362 | -1,961,362 | 1,441,927 | -1,365,106 | -1,315,597 | -1,617,700 | -1,617,700 | -968,033 | -1,018,166 | -1,114,243 | -1,054,690 | -942,020 | -1,061,297 | -1,868,930 | -720,562 | -1,337,754 | -480,145 |
| Cash From Operations | -1,148,500 | -1,393,667 | -1,393,667 | -1,060,816 | -1,428,239 | -1,220,049 | -997,853 | -997,853 | -1,936,955 | -829,857 | -892,089 | -925,217 | -925,217 | -996,806 | -768,204 | -838,535 | -522,826 | -685,665 | -847,209 | -902,283 | -731,593 | -532,515 | -525,522 |
| Capex | -297 | -788 | -788 | -2,227 | -1,711 | -23,380 | -5,437 | -5,437 | -3,507 | -4,699 | -5,044 | -326 | -326 | -3,091 | -7,283 | -9,920 | -2,994 | 509 | -8,232 | -31,470 | -16,115 | -6,875 | 0 |
| Free Cash Flow | -1,148,797 | -1,394,455 | -1,394,455 | -1,063,043 | -1,429,950 | -1,243,429 | -1,003,290 | -1,003,290 | -1,940,462 | -834,556 | -897,133 | -925,543 | -925,543 | -999,897 | -775,487 | -848,455 | -525,820 | -685,156 | -855,441 | -933,753 | -747,708 | -539,390 | -525,522 |
| Cash And Equivalents | 6,021,591 | 7,957,845 | 7,957,845 | 454,432 | 1,150,614 | 2,217,268 | 3,613,978 | 3,613,978 | 5,368,273 | 40,644 | 114,096 | 464,989 | 464,989 | 1,408,687 | 1,358,683 | 2,570,475 | n/a | 6,062,418 | 6,660,408 | 7,744,936 | n/a | n/a | n/a |
| Total Current Assets | 6,783,177 | 8,647,129 | 8,647,129 | 771,077 | 1,536,963 | 2,502,879 | 3,846,363 | 3,846,363 | 5,971,500 | 654,329 | 715,853 | 1,028,278 | 1,028,278 | 2,040,669 | 1,796,226 | 2,999,834 | 4,807,830 | 6,591,072 | 7,339,735 | 8,274,005 | 9,214,340 | 10,010,770 | 1,735,090 |
| Total Liabilities | 567,123 | 366,471 | 366,471 | 705,638 | 829,224 | 769,258 | 885,089 | 885,089 | 784,783 | 3,695,543 | 2,604,253 | 1,788,498 | 1,788,498 | 1,544,791 | 576,049 | 561,953 | 1,565,526 | 2,480,534 | 560,289 | 812,302 | 899,758 | 718,170 | 2,336,737 |
| Shares Outstanding | 1,025,135 | 915,097 | 915,097 | 7,386,705 | 7,218,838 | 7,472,981 | 7,153,647 | 7,153,647 | 72,917,760 | 64,867,760 | 64,771,817 | 64,771,817 | 64,771,817 | 64,771,817 | 64,771,817 | 64,769,490 | 43,530,915 | 43,528,915 | 43,413,517 | 43,259,741 | 43,259,741 | 43,259,741 | 40,959,741 |
| Shares Outstanding Diluted | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Weighted Avg Shares Diluted | 994,059 | 742,201 | 742,201 | 7,357,465 | 7,530,930 | 7,438,493 | 6,714,478 | 6,714,478 | 65,724,825 | 64,837,385 | 64,771,817 | 60,314,871 | 65,489,210 | 65,171,817 | 65,171,740 | 45,149,834 | 43,529,913 | 43,462,436 | 43,396,719 | 43,259,741 | 41,659,739 | 43,259,741 | 40,959,741 |
| Weighted Avg Shares Basic | 994,059 | 742,201 | 742,201 | 7,357,465 | 7,530,930 | 7,438,493 | 6,714,478 | 6,714,478 | 65,724,825 | 64,837,385 | 64,771,817 | 60,314,871 | 65,489,210 | 65,171,817 | 65,171,740 | 45,149,834 | 43,529,913 | 43,462,436 | 43,396,719 | 43,259,741 | 41,659,739 | 43,259,741 | 40,959,741 |
| Net Share Count Change (Normalized) | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence |
| Ownership Claim Change (Normalized) | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence | Insufficient evidence |
Audit Trail
NCAV Audit
Official-source inputs remain linked to filing provenance. Derived values are labeled as such.
| Input | Value | Source concept | Filing period | Confidence | Provenance |
|---|---|---|---|---|---|
| Current Assets | 6,783,177USD | us-gaap:AssetsCurrent | 2026-03-31 | 1.00 |
Data Vault | sec/companyfacts/cik=0001590418/companyfacts.json Data Vault | sec/companyfacts/cik=0001590418/companyfacts.json |
| Total Liabilities | 567,123USD | us-gaap:Liabilities | 2026-03-31 | 1.00 |
Data Vault | sec/companyfacts/cik=0001590418/companyfacts.json Data Vault | sec/companyfacts/cik=0001590418/companyfacts.json |
| Cash | 6,021,591USD | us-gaap:CashCashEquivalentsAndShortTermInvestments | 2026-03-31 | 1.00 |
Data Vault | sec/companyfacts/cik=0001590418/companyfacts.json Data Vault | sec/companyfacts/cik=0001590418/companyfacts.json |
| Shares Outstanding | 1,025,135 | us-gaap:CommonStockSharesOutstanding | 2026-03-31 | 1.00 |
Data Vault | sec/companyfacts/cik=0001590418/companyfacts.json Data Vault | sec/companyfacts/cik=0001590418/companyfacts.json |
| NCAV | 6,216,054USD | derived | 2026-03-31 | n/a | company-evidence-v1 | total_current_assets - total_liabilities |
| NCAV per share | 6.06USD | derived | 2026-03-31 | n/a | company-evidence-v1 | NCAV / shares_outstanding |
| Internal NCAV Discount | 55.3% | derived | 2026-03-31 | n/a | gnni_publication_pack | internal_discount |
NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding
Source Provenance
- Data Source
- Data Vault
- Data Vault Root
- Local evidence | The Data Vault
- CIK
- 0001590418
- Company ID
- n/a
- Selected Annual Source
- Data Vault | sec/companyfacts/cik=0001590418/companyfacts.json
- Selected Quarterly Source
- Data Vault | sec/companyfacts/cik=0001590418/companyfacts.json
- Statement Extractor
- companyfacts-screener-v1
- View Extractor
- companyfacts-screener-v1
- Source Accession Count
- 26
- Imported At
- 2026-07-25T13:47:57+00:00
- Rendered At
- 2026-08-16T03:29:43+00:00
Run Audit
- Mary Run
- f75c5d221f074da8a489fba328e8ef51
- Mary As Of
- 2026-07-18
- Accession
- 0001683168-26-003903
- CIK
- 0001590418
- Mary Filing Date
- 2026-05-14
- Filing Currency
- USD
- Internal Discount
- 55.3%
- Source State
- Verified
- Market Context
- Not Displayed
- Market Policy
- internal_only_not_redistributed
- Share Trend
- Not Evaluated
- Dilution
- Needs Review
mary_run=f75c5d221f074da8a489fba328e8ef51; mary_as_of=2026-07-18; mary_filing_date=2026-05-14; mary_accession=0001683168-26-003903; mary_cik=0001590418; gnni_supporting_filing_date=2026-05-14; internal_discount=0.553074; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.