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Made in USA Inc. (ALXY) filed its quarterly report for the period ended August 31, 2025. The company reported three-month revenue of $24,460, up from $10,611 a year ago, and posted net income of $8,665 versus a prior-year net loss. For the six-month period, revenue was $35,936 with a net loss of $22,861 compared to a $21,768 loss in the prior year.
Liquidity remains tight: cash was $0 as of August 31, 2025, while total liabilities dropped to $1,722 from $111,064, reflecting a $117,393 related‑party loan conversion to additional paid-in capital. Shareholders’ equity rose to $99,932. The company executed a cancellation of 3,000,000 restricted shares, reducing outstanding common shares from 6,695,000 to 3,695,000 as of August 31, 2025. Management disclosed substantial doubt about continuing as a going concern. Disclosure controls and procedures were deemed not effective. The business plan has shifted post-change in control toward reshoring and product authenticity technology built on blockchain, AI, and IoT.
