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

Property and Equipment

3 Months Ended

Mar. 31, 2023

Note 6 – Property and Equipment

At March 31, 2023 and December 31, 2022, property and equipment consisted of the following:

Schedule of property and equipment
	March 31, 2023			December 31, 2022
Warehouse	$	3,789,773		$	3,789,773
Land		731,515			731,515
Building improvement		240,256			240,256
Furniture and fixture		39,580			37,785
Equipment		109,293			101,076
Software		1,995			1,995
Total cost		4,912,412			4,902,400
Less accumulated depreciation		(715,824	)		(673,770	)
Property and equipment, net	$	4,196,588		$	4,228,630

Depreciation expense for the three months ended March 31, 2023 and 2022 amounted to $42,041 and $40,165, respectively.