Focus Universal Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- 2. Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

14. Stockholders' Equity (Details - Option Activity)

v3.21.1

14. Stockholders' Equity (Details - Option Activity) - Options [Member] - USD ($)	12 Months Ended		17 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2020
Number of Options
Number of Options Outstanding, Beginning	210,000
Number of Options Granted	0		315,000
Number of Options Exercised	0
Number of Options Forfeited or Expired	0
Number of Options Expired	0
Number of Options Outstanding, Ending	210,000	210,000	210,000
Number of Options Vested	210,000
Number of Options Exercisable, Ending	210,000		210,000
Weighted Average Exercise Price
Weighted Average Exercise Price Outstanding, Beginning	$ 9.61
Weighted Average Exercise Price Granted	.00
Weighted Average Exercise Price Exercised	0.00
Weighted Average Exercise Price Forfeited	0.00
Weighted Average Exercise Price Expired	0.00
Weighted Average Exercise Price Outstanding, Ending	9.61	$ 9.61	$ 9.61
Weighted Average Exercise Price Vested	5.70		5.70
Weighted Average Exercise Price Exercisable, Ending	$ 9.61		$ 9.61
Remaining Contractual Term
Options Outstanding	9 years 7 months 10 days	9 years 7 months 10 days
Options Vested	9 years 7 months 10 days
Options Exercisable	9 years 7 months 10 days
Aggregate Intrinsic Value
Aggregate intrinsic value options outstanding	$ 0		$ 0
Aggregate intrinsic value options vested	0		0
Aggregate intrinsic value options exercisable	$ 0		$ 0

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Weighted average remaining contractual term for equity-based awards excluding options, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan.

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Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding.

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Number of options outstanding, including both vested and non-vested options.

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Amount by which current fair value of underlying stock exceeds exercise price of fully vested and expected to vest exercisable or convertible options. Includes, but is not limited to, unvested options for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur.

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Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options.

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