Floich is both a noun and verb.
As a noun - a floich is a slacker who spends too much time online, avoiding other responsibilities.
As a verb, it is the act of slacking off by doing meaningless stuff online.
"Stop being such a floich and get to bed"
"I am sooooo tired, because I was up late last night floiching"
"My friends kept me up floiching all last night"
"I have to go now - I have floiched long enough"
"My wife is away, so I'm going to sit around and floich the night away"
"I am totally floiched from last night".