Property and Equipment |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Property, Plant, and Equipment [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property and Equipment | Note 5 – Property and Equipment
On January 21, 2026, the Company entered into a purchase, sale, and escrow agreement with 901 Corporate Center, LP to acquire a 100,743 sq. ft. office and commercial building, along with a four-level parking structure, located in Monterey Park, California. The purchase price was $17,700,000, of which $8,862,095 and $5,148,306 has been preliminarily allocated to Building, Land, respectively. As of April 17, 2026, the Company and Lusher Holding LLC completed the purchase of the building. The building will serve as Focus Universal’s principal headquarters and is expected to carry the same rent roll in 2026 as it did in 2025.
At June 30, 2026 and December 31, 2025, property and equipment consisted of the following:
Depreciation expense for the six months ended June 30, 2026 and 2025 amounted to $198,588 and $10,959, respectively.
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