Focus Universal Inc. Quarterly report pursuant to Section 13 or 15(d)

Segment reporting (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting
	Six Months Ended June 30, 2022
	Corporate			Perfecular			AVX			Total

Revenue	$	–		$	47,650		$	140,339		$	187,989
Revenue - related party		–			31,542			2,278			33,820
Total revenue		–			79,192			142,617			221,809

Cost and Operating Expenses
Cost of Revenue, excluding depreciation & amortization		–			60,702			139,861			200,563
Selling expense		–			48,085			7,802			55,887
Compensation - officers and directors		110,040			–			–			110,040
Research and development		729,105			–			–			729,105
Professional fees		522,546			–			12,661			535,207
General and administrative		446,576			1,141,522			132,118			1,720,216
Total Cost and Operating Expenses		1,808,267			1,250,309			292,442			3,351,018

Loss from Operations		(1,808,267	)		(1,171,117	)		(149,825	)		(3,129,209	)

Other Income (Expense):
Interest income (expense), net		490			(288	)		48			250
Unrealized loss on marketable equity securities		(74,626	)		–			–			(74,626	)
Realized gain on marketable equity securities		10,281			–			–			10,281
Other income (expense), net		105,560			160,117			(3,600	)		263,077
Total other income (expense)		42,705			159,829			(3,552	)		198,982

Loss before income taxes		(1,765,562	)		(1,011,288	)		(153,377	)		(2,930,227	)

Tax expense		–			–			–			–

Net Loss	$	(1,765,562	)	$	(1,011,288	)	$	(153,377	)	$	(2,930,227	)