Quarterly report pursuant to Section 13 or 15(d)

9. Pro Forma Consolidated Statements of Operations (Tables)

v3.5.0.2
9. Pro Forma Consolidated Statements of Operations (Tables)
 6 Months Ended
Jun. 30, 2016
Business Combinations [Abstract]  
Pro Forma Consolidated Statements of Operations

 

 

FOCUS UNIVERSAL INC.

 

PRO FORMA CONSOLIDATING STATEMENTS OF OPERATIONS

 

FOR THREE MONTHS ENDED JUNE 30, 2015

 

 

    FOCUS                    
    UNIVERSAL
INC.		     PERFECULAR INC.     PRO FORMA        
    HISTORICAL     HISTORICAL     ADJUSTMENTS     TOTALS  
                         
Revenue   $ 2,008     $ 112,261     $ –     $ 114,269  
                                 
Cost of Revenue     2,025       10,944       –       12,969  
                                 
Gross Profit (Loss)     (17 )     101,317       –       101,300  
                                 
                                 
Operation Expenses:                                
Compensation - officers     –       –       30,000       30,000  
General and administrative     21,639       42,252       (10,000 )     53,891  
Professional fees     13,048       11,800       –       24,848  
Research and development     –       76,375       (30,000 )     46,375  
Total Operating Expenses     34,687       130,427       (10,000 )     155,114  
                                 
Loss from Operations     (34,704 )     (29,110 )     10,000       (53,814 )
                                 
Other Income (Expense):                                
Interest expense, net     (1,473 )     (3,598 )     –       (5,071 )
Other income     10,000       –       (10,000 )     –  
Total Other (Expense) Income     8,527       (3,598 )     (10,000 )     (5,071 )
                                 
Loss before income taxes     (26,177 )     (32,708 )     –       (58,885 )
                                 
Income tax provision     –       –       –       –  
                                 
Net Loss   $ (26,177 )   $ (32,708 )   $ –     $ (58,885 )

 

 

 

FOCUS UNIVERSAL INC.

 

PRO FORMA CONSOLIDATING STATEMENTS OF OPERATIONS

 

FOR SIX MONTHS ENDED JUNE 30, 2015

 

 

    FOCUS                    
    UNIVERSAL INC.     PERFECULAR INC.     PRO FORMA        
    HISTORICAL     HISTORICAL     ADJUSTMENTS     TOTALS  
                         
Revenue   $ 2,008       157,991       –       159,999  
                                 
Cost of Revenue     3,725       26,831       –       30,556  
                                 
Gross Profit (Loss)     (1,717 )     131,160       –       129,443  
                                 
                                 
Operation Expenses:                                
Compensation - officers     –       –       45,250       45,250  
General and administrative     27,725       85,062       (10,000 )     102,787  
Professional fees     40,833       12,555       –       53,388  
Research and development     –       233,850       (45,250 )     188,600  
Total Operating Expenses     68,558       331,467       (10,000 )     390,025  
                                 
Loss from Operations     (70,275 )     (200,307 )     10,000       (260,582 )
                                 
Other Income (Expense):                                
Interest expense, net     (1,473 )     (8,579 )     –       (10,052 )
Other income     10,000       –       (10,000 )     –  
Total Other (Expense) Income     8,527       (8,579 )     (10,000 )     (10,052 )
                                 
Loss before income taxes     (61,748 )     (208,886 )     –       (270,634 )
                                 
Income tax provision     –       –       –       –  
                                 
Net Loss   $ (61,748 )     (208,886 )     –       (270,634 )