MADE IN USA INC. Reports $37K Revenue, Widening Losses in FY26
Summary
MADE IN USA INC. reported FY 2026 revenue of $37,036, a 2% decline year-over-year, and a net loss of $(29,610), which widened by 31% from the prior year. This news summarizes the company's 10-K filing from earlier today, which already highlighted severe financial distress, a going concern warning, zero cash, and critical internal control failures. The reported figures confirm the company's extremely weak financial position, with minimal revenue and increasing losses, reinforcing the going concern risk. Management expects continued losses as it scales its API offering.
At the time of this announcement, USDW was trading at $0.13 on OTC in the Technology sector. The 52-week trading range was $0.03 to $0.03. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Wiseek News.