{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-000184","form_type":"8-K","ticker":"FCUV","cik":"0001590418","company_name":"FOCUS UNIVERSAL INC.","filed_at":"2024-01-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.723728+00:00","generated_at":"2026-06-07T00:33:12.217531+00:00","sec_items":["1.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Focus Universal enters $300K loan at 3% as first tranche of $5M credit facility","bullets":["Board authorized up to $5M revolving credit facility on Jan 2, 2024; first $300,000 tranche funded Jan 9.","Loan carries 3% annual compound interest, matures Feb 4, 2024.","Repayment in 12 equal installments of $25,408.11 starting on maturity date.","Lender is a private entity; terms do not include publicly traded counterparty."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-000184","json":"https://secwatch.observer/filing/0001683168-24-000184.json","markdown":"https://secwatch.observer/filing/0001683168-24-000184.md","text":"https://secwatch.observer/filing/0001683168-24-000184.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590418/000168316824000184/0001683168-24-000184-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590418/000168316824000184/focus_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T00:33:12.217531+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c644ee7c59fc799974a4c36022f13c965a45967a","claim":"FOCUS UNIVERSAL INC. entered into Revolving Credit Facility with private lender valued at $300,000 (effective 2024-01-09).","evidence_excerpt":"On January 2, 2024, the board of directors of Focus Universal Inc. (the “Company”) authorized the Company to enter into a revolving credit facility or series of promissory notes of up to $5 million with one or more lenders. The Company accepted the first $300,000 tranche on January 9, 2024 (the “Loan”) with a private lender (the “Lender”) whereby the Lender loaned $300,000 to the Company (the “Principal Amount”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590418/000168316824000184/0001683168-24-000184-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"private lender"},{"label":"Value","value":"$300,000"},{"label":"Effective","value":"2024-01-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}