Company research
Fuse Medical, Inc.
CIK 319016Updated Sep 26, 2026
SecurityFZMD · OTC · equity
Name history
GOLF ROUNDS COM INC · through May 30, 2014AMERICAN METALS SERVICE INC · through Jul 15, 1999
FZMD price & chart
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Recent filings
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Financials
FY 2022 · USDSource
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balance sheet · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 19,762,581Source | 18,304,492Source | 17,419,237Source | 18,381,491Source |
| Property, Plant and Equipment, NetUSD | 709Source | 7,251Source | 17,791Source | 32,639Source |
| GoodwillUSD | 1,972,886Source | 1,972,886Source | 1,972,886Source | 1,972,886Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 1,190,980Source | 1,317,341Source | 1,138,080Source | 1,206,620Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 147,854Source | 553,190Source | 1,187,458Source | 1,099,310Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 3,996,860Source | 3,528,992Source | 4,427,896Source | 6,174,299Source |
| Inventory, NetUSD | 9,494,506Source | 8,736,474Source | 6,981,413Source | 7,855,887Source |
| Assets, CurrentUSD | 13,765,242Source | 12,824,577Source | 12,620,970Source | 15,169,346Source |
| Prepaid Expense and Other Assets, CurrentUSD | 126,022Source | 5,921Source | 24,203Source | 39,850Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 20,073,435Source | 21,736,311Source | 19,532,078Source | 19,603,624Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 738,958Source | 728,958Source | 731,245Source | 731,245Source |
| Retained Earnings (Accumulated Deficit)USD | -2,518,086Source | -5,616,199Source | -4,028,308Source | -2,595,813Source |
| Stockholders' Equity Attributable to ParentUSD | -310,854Source | -3,431,819Source | -2,112,841Source | -1,222,133Source |
| Additional Paid in Capital, Common StockUSD | 1,468,274Source | 1,455,422Source | 1,184,222Source | 642,435Source |
| Liabilities and EquityUSD | 19,762,581Source | 18,304,492Source | 17,419,237Source | 18,381,491Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 12,387,737Source | 9,942,479Source | 7,248,319Source | 7,958,259Source |
| Accounts Payable, CurrentUSD | 5,700,236Source | 4,461,641Source | 3,236,592Source | 2,752,854Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 4,540,366Source | 2,898,068Source | 2,584,734Source | 3,302,904Source |
cash flow · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 3,098,113Source | -1,587,891Source | -1,432,495Source | -3,316,495Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 137,403Source | 67,638Source | 104,143Source | 107,073Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 22,852Source | 257,913Source | 553,184Source | 627,678Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 260,107Source | -1,188,408Source | -649,269Source | 1,623,615Source |
| Increase (Decrease) in InventoriesUSD | 1,471,042Source | 1,168,516Source | -1,602,476Source | -1,126,144Source |
| Increase (Decrease) in Accounts PayableUSD | 1,238,595Source | 1,225,049Source | 483,738Source | 39,935Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | 760,993Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 34,799Source | -1,778,328Source | 236,654Source | -4,739Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | -20,757Source | -15,318Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | 20,757Source | 15,318Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -440,135Source | 1,144,060Source | -127,749Source | 275,053Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -405,336Source | -634,268Source | 88,148Source | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 160,447Source | 42,830Source | 62,866Source | 94,545Source |
| Income Taxes Paid, NetUSD | 18,052Source | 19,581Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 130,861Source | 57,097Source | 68,538Source | 81,420Source |
| DepreciationUSD | 6,542Source | 10,540Source | 35,605Source | 25,653Source |
| GoodwillUSD | 1,972,886Source | 1,972,886Source | 1,972,886Source | 1,972,886Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 932,203Source |
| Income Tax Expense (Benefit)USD | 23,655Source | 17,723Source | 18,993Source | 781,085Source |
| Net Income (Loss) Attributable to ParentUSD | 3,098,113Source | -1,587,891Source | -1,432,495Source | -3,316,495Source |
| Nonoperating Income (Expense)USD | 3,936,840Source | 625,338Source | -385,588Source | 1,814,531Source |
| Operating ExpensesUSD | 12,356,823Source | 14,131,213Source | 13,732,137Source | 15,487,428Source |
| Proceeds from Stock Options ExercisedUSD | — | 11,000Source | — | — |
income statement · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Total RevenueUSD | 18,644,784Source | 20,414,268Source | 21,398,936Source | 22,900,277Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 6,537,382Source | 7,013,297Source | 6,541,659Source | 8,466,077Source |
| Operating Income (Loss)USD | -815,072Source | -2,195,506Source | -1,027,914Source | -4,349,941Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 3,121,768Source | -1,570,168Source | — | — |
| Income Tax Expense (Benefit)USD | 23,655Source | 17,723Source | 18,993Source | 781,085Source |
| Net Income (Loss) Attributable to ParentUSD | 3,098,113Source | -1,587,891Source | -1,432,495Source | -3,316,495Source |
| Earnings Per Share, BasicUSD per share | 0.04Source | -0.02Source | -0.02Source | -0.05Source |
| Earnings Per Share, DilutedUSD per share | 0.04Source | -0.02Source | -0.02Source | -0.05Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 70,321,566Source | 70,321,566Source | 70,221,566Source | 70,221,566Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 77,860,418Source | 70,321,566Source | 70,221,566Source | 70,221,566Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 130,861Source | 57,097Source | 68,538Source | 81,420Source |
| Current Income Tax Expense (Benefit)USD | 23,655Source | 17,723Source | 18,993Source | 20,092Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 932,203Source |
| Gross ProfitUSD | 11,541,751Source | 11,935,707Source | 12,704,223Source | 11,137,487Source |
| Interest ExpenseUSD | 171,294Source | 78,230Source | 94,953Source | 121,633Source |
| Nonoperating Income (Expense)USD | 3,936,840Source | 625,338Source | -385,588Source | 1,814,531Source |
| Operating ExpensesUSD | 12,356,823Source | 14,131,213Source | 13,732,137Source | 15,487,428Source |