| Line Item | 2026-02-28 | Y/Y |
|---|---|---|
| Revenue | $37K | -1.9% |
| Cost of Revenue | $0 | -100.0% |
| Gross Profit | $37K | -1.9% |
| SG&A Expense | $67K | +10.3% |
| Pre-tax Income | -$30K | -30.7% |
| Income Tax | $0 | — |
| Net Income | -$30K | -30.7% |
| EPS (Basic) | $0.00 | — |
| EPS (Diluted) | $0.00 |
| Line Item | 2026-02-28 | Y/Y |
|---|---|---|
| Cash & Equivalents | $0 | -100.0% |
| Current Assets | $1K | -97.0% |
| Total Assets | $94K | -19.5% |
| Current Liabilities | $622 | -99.4% |
| Stockholders' Equity | $93K | +1625.6% |
| Line Item | 2026-02-28 | Y/Y |
|---|---|---|
| Operating Cash Flow | -$35K | -248.2% |
| Investing Cash Flow | -$24K | +56.7% |
| Financing Cash Flow | $45K | +22.6% |
Business Overview
Made in USA Inc. is an early-stage company focused on reshoring U.S. manufacturing through two connected business areas: certification and origin verification services to help U.S. producers document Made in USA claims, and MIUSA Pulse, an edge AI product for industrial equipment monitoring. Following a change in control in August 2025, the Company adopted this new business strategy and is pursuing federal opportunities under programs like the CHIPS and Science Act while planning to identify and acquire overseas manufacturing operations for relocation to the United States.
Segment Performance
The Company does not report segment performance metrics. For the fiscal year ended February 28, 2026, total revenues decreased to $37,036 from $37,760 in the prior year (a 2% decline), primarily from API packages sold on its website due to changes in management and business direction. Operating expenses increased 10% to $66,646 from $60,418, driven by professional fees and marketing expenses. Net loss increased 31% to $29,610 from $22,658 in the prior year.
Forward Guidance
The Company states: "The Company is an early-stage company and has not yet generated material revenue from its new business." "No acquisitions have been completed, and there can be no assurance that any acquisition will be completed on acceptable terms or at all." "The Company cannot guarantee the Company will be successful in the Company's business operations." "The Company has no assurance that future financing will be available to the Company on acceptable terms."
Key Risk Factors
The Company faces substantial doubt about its ability to continue as a going concern with zero cash reserves as of February 28, 2026, and significant capital needs. The Company is early-stage with no material revenue generation from its new business model and limited operating history. Competition from established certification firms and industrial IoT providers with substantially greater resources presents a significant challenge. The Company depends on attracting and retaining qualified technical talent in a competitive market. Additionally, the Company's success depends on securing adequate financing on acceptable terms, with equity financing potentially causing shareholder dilution.