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)
9 Months Ended
Sep. 30, 2016
Business Combinations [Abstract]  
Pro Forma Consolidated Statements of Operations

FOCUS UNIVERSAL INC.

UNAUDITED PRO FORMA CONSOLIDATING STATEMENTS OF OPERATIONS

FOR THREE MONTHS ENDED SEPTEMBER 30, 2015

 

    FOCUS UNIVERSAL INC.     PERFECULAR INC.     PRO FORMA        
    HISTORICAL     HISTORICAL     ADJUSTMENTS     TOTALS  
                         
Revenue   $ 9,630     $ 138,973     $     $ 148,603  
                                 
Cost of Revenue     2,025       64,027             66,052  
                                 
Gross Profit (Loss)     7,605       74,946             82,551  
                                 
Operation Expenses:                                
Compensation - officers                 30,000       30,000  
General and administrative     16,050       46,736             62,786  
Professional fees     28,370       1,530             29,900  
Research and development           74,023       (30,000 )     44,023  
Total Operating Expenses     44,420       122,289             166,709  
                                 
Loss from Operations     (36,815 )     (47,343 )           (84,158 )
                                 
Other Income (Expense):                                
Interest income, net     (1,878 )     (622 )           (2,500 )
Total Other (Expense) Income     (1,878 )     (622 )           (2,500 )
                                 
Loss before income taxes     (38,693 )     (47,965 )           (86,658 )
                                 
Income tax provision     800                   800  
                                 
Net Loss   $ (39,493 )   $ (47,965 )   $     $ (87,458 )

 

FOCUS UNIVERSAL INC.

UNAUDITED PRO FORMA CONSOLIDATING STATEMENTS OF OPERATIONS

FOR NINE MONTHS ENDED SEPTEMBER 30, 2015

 

    FOCUS UNIVERSAL INC.     PERFECULAR INC.     PRO FORMA        
    HISTORICAL     HISTORICAL     ADJUSTMENTS     TOTALS  
                         
Revenue   $ 11,638       296,964             308,602  
                                 
Cost of Revenue     5,750       93,781             99,531  
                                 
Gross Profit (Loss)     5,888       203,183             209,071  
                                 
Operation Expenses:                                
Compensation - officers                 75,250       75,250  
General and administrative     43,775       128,877       (10,000 )     162,652  
Professional fees     69,203       14,085             83,288  
Research and development           307,872       (75,250 )     232,622  
Total Operating Expenses     112,978       450,834       (10,000 )     553,812  
                                 
Loss from Operations     (107,090 )     (247,651 )     10,000       (344,741 )
                                 
Other Income (Expense):                                
Interest expense, net     (3,351 )     (9,202 )           (12,553 )
Other income     10,000             (10,000 )      
Other expense                        
Total Other (Expense) Income     6,649       (9,202 )     (10,000 )     (12,553 )
                                 
Loss before income taxes     (100,441 )     (256,853 )           (357,294 )
                                 
Income tax provision     800                   800  
                                 
Net Loss   $ (101,241 )     (256,853 )           (358,094 )