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Fuse Medical, Inc. – ‘10-K’ for 12/31/19 – ‘R41’

On:  Monday, 3/30/20, at 2:27pm ET   ·   For:  12/31/19   ·   Accession #:  1564590-20-14068   ·   File #:  0-10093

Previous ‘10-K’:  ‘10-K’ on 3/21/19 for 12/31/18   ·   Next:  ‘10-K’ on 3/31/21 for 12/31/20   ·   Latest:  ‘10-K’ on 4/14/23 for 12/31/22   ·   3 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/30/20  Fuse Medical, Inc.                10-K       12/31/19   75:7.3M                                   ActiveDisclosure/FA

Annual Report   —   Form 10-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML    819K 
 2: EX-10.21    Material Contract                                   HTML     30K 
 3: EX-21.1     Subsidiaries List                                   HTML     21K 
 4: EX-23.1     Consent of Experts or Counsel                       HTML     23K 
 5: EX-31.1     Certification -- §302 - SOA'02                      HTML     30K 
 6: EX-31.2     Certification -- §302 - SOA'02                      HTML     30K 
 7: EX-32.1     Certification -- §906 - SOA'02                      HTML     27K 
54: R1          Document and Entity Information                     HTML     83K 
28: R2          Consolidated Balance Sheets                         HTML    100K 
37: R3          Consolidated Balance Sheets (Parenthetical)         HTML     46K 
74: R4          Consolidated Statements of Operations               HTML     83K 
55: R5          Consolidated Statement of Changes in Stockholders'  HTML     63K 
                Equity                                                           
29: R6          Consolidated Statements of Cash Flows               HTML    103K 
38: R7          Nature of Operations                                HTML     38K 
72: R8          Significant Accounting Policies                     HTML    111K 
57: R9          CPM Acquisition                                     HTML     29K 
49: R10         Maxim Acquisition                                   HTML     56K 
67: R11         Property and Equipment                              HTML     49K 
34: R12         Goodwill and Intangible Assets                      HTML     80K 
23: R13         Revolving Line of Credit                            HTML     32K 
50: R14         Notes Payable - Related Parties                     HTML     26K 
68: R15         Commitments and Contingencies                       HTML     41K 
35: R16         Stockholders' Equity                                HTML    137K 
24: R17         Income Taxes                                        HTML    150K 
48: R18         Concentrations                                      HTML     64K 
69: R19         Related Party Transactions                          HTML     56K 
45: R20         Subsequent Events                                   HTML     28K 
18: R21         Significant Accounting Policies (Policies)          HTML    164K 
61: R22         Significant Accounting Policies (Tables)            HTML     75K 
65: R23         Maxim Acquisition (Tables)                          HTML     50K 
46: R24         Property and Equipment (Tables)                     HTML     49K 
19: R25         Goodwill and Intangible Assets (Tables)             HTML     81K 
62: R26         Commitments and Contingencies (Tables)              HTML     38K 
66: R27         Stockholders' Equity (Tables)                       HTML    134K 
47: R28         Income Taxes (Tables)                               HTML    150K 
17: R29         Concentrations (Tables)                             HTML     71K 
21: R30         Nature of Operations (Details Narrative)            HTML     42K 
33: R31         Significant Accounting Policies (Details            HTML     87K 
                Narrative)                                                       
71: R32         Significant Accounting Policies - Error Identified  HTML     43K 
                in Weighted Average Number of Shares Outstanding                 
                Used in Calculation of Earnings per Share                        
                (Details)                                                        
52: R33         Significant Accounting Policies - Estimated Useful  HTML     32K 
                Lives of Assets (Details)                                        
20: R34         Significant Accounting Policies - Schedule of       HTML     30K 
                Revenue Differentiation (Details)                                
32: R35         CPM Acquisition (Details Narrative)                 HTML     54K 
70: R36         Maxim Acquisition (Details Narrative)               HTML     49K 
51: R37         Maxim Acquisition - Schedule of Unaudited Pro       HTML     37K 
                Forma Information (Details)                                      
22: R38         Property and Equipment - Summary of Property and    HTML     39K 
                Equipment (Details)                                              
31: R39         Property and Equipment (Details Narrative)          HTML     27K 
15: R40         Goodwill and Intangible Assets - Schedule of        HTML     49K 
                Goodwill and Other Intangible Assets (Details)                   
44: R41         Goodwill and Intangible Assets - (Details           HTML     29K 
                Narrative)                                                       
64: R42         Goodwill and Intangible Assets - Schedule of        HTML     39K 
                Future Amortization Expense Related to Finite-Live               
                Intangible Assets (Details)                                      
60: R43         Revolving Line of Credit (Details Narrative)        HTML     97K 
14: R44         Notes Payable - Related Parties (Details            HTML     45K 
                Narrative)                                                       
43: R45         Commitments and Contingencies (Details Narrative)   HTML     39K 
63: R46         Commitments and Contingencies - Summary of          HTML     35K 
                Operating Leases (Details)                                       
59: R47         Stockholders' Equity - Summary of Compensation      HTML     41K 
                Expense for Stock Options Granted to Board                       
                Members, Employees And Marketing Representatives                 
                (Details)                                                        
16: R48         Stockholders' Equity (Details Narrative)            HTML     39K 
41: R49         Stockholders' Equity - Summary of Stock Option      HTML     57K 
                Activity (Details)                                               
36: R50         Stockholders' Equity - Summary of Restricted Stock  HTML     44K 
                Awards Activity (Details)                                        
27: R51         Income Taxes - Components of Income Tax Expense     HTML     45K 
                (Benefit) (Details)                                              
53: R52         Income Taxes - Significant Components of Deferred   HTML     62K 
                Income Tax Assets and Liabilities (Details)                      
73: R53         Income Taxes (Details Narrative)                    HTML     39K 
39: R54         Income Taxes - Reconciliation of Income Tax         HTML     40K 
                Computed at U.S. Statutory Rate to Effective                     
                Income Tax Rate (Details)                                        
30: R55         Concentrations - Significant Customers with         HTML     31K 
                Individual Percentage of Total Revenues Equaling                 
                Ten Percent (10%) or Greater (Details)                           
56: R56         Concentrations - Significant Customers with         HTML     31K 
                Concentration of Accounts Receivable Representing                
                Ten Percent (10%) or Greater of Accounts                         
                Receivable (Details)                                             
75: R57         Concentrations - Significant Customers with         HTML     31K 
                Concentration of Accounts Receivable Representing                
                Ten Percent (10%) or Greater of Accounts                         
                Receivable (Parenthetical) (Details)                             
40: R58         Concentrations - Significant Suppliers Represented  HTML     35K 
                Ten Percent (10%) or Greater of Goods Purchased                  
                (Details)                                                        
26: R59         Related Party Transactions (Details Narrative)      HTML    100K 
25: XML         IDEA XML File -- Filing Summary                      XML    135K 
42: EXCEL       IDEA Workbook of Financial Reports                  XLSX     80K 
 8: EX-101.INS  XBRL Instance -- fzmd-20191231                       XML   1.81M 
10: EX-101.CAL  XBRL Calculations -- fzmd-20191231_cal               XML    152K 
11: EX-101.DEF  XBRL Definitions -- fzmd-20191231_def                XML    566K 
12: EX-101.LAB  XBRL Labels -- fzmd-20191231_lab                     XML   1.25M 
13: EX-101.PRE  XBRL Presentations -- fzmd-20191231_pre              XML    935K 
 9: EX-101.SCH  XBRL Schema -- fzmd-20191231                         XSD    179K 
58: ZIP         XBRL Zipped Folder -- 0001564590-20-014068-xbrl      Zip    147K 


‘R41’   —   Goodwill and Intangible Assets – (Details Narrative)


This is an IDEA Financial Report.  [ Alternative Formats ]



 
v3.20.1
Goodwill and Intangible Assets - (Details Narrative) - USD ($)
12 Months Ended
Goodwill And Intangible Assets Disclosure [Abstract]    
Amortization expense $ 81,420 $ 33,925
Goodwill impairment charge $ 932,203 $ 0

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:3/30/20
For Period end:12/31/19
12/31/1810-K
 List all Filings 


3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/14/23  Fuse Medical, Inc.                10-K       12/31/22   74:8.7M                                   ActiveDisclosure/FA
 3/31/22  Fuse Medical, Inc.                10-K       12/31/21   72:8.6M                                   ActiveDisclosure/FA
 3/31/21  Fuse Medical, Inc.                10-K       12/31/20   72:7.1M                                   ActiveDisclosure/FA
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Filing Submission 0001564590-20-014068   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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