Home / Going-concern warnings / UNIVERSAL SAFETY PRODUCTS, INC.
Filed 2026-07-02 路 Form 10-K 路 Accession 0001104659-26-080359 nano
Price before filing: $4.19 (2026-07-01 close, split/dividend-adjusted)
Market cap at flag: $9.3M (2026-07-02) 路 Latest: $15.5M (2026-10-16)
| Window | UUU | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -20.5% | +1.6% | -22.1% | 2026-08-03 |
| 90 days | +22.4% | +2.5% | +19.9% | 2026-09-30 |
| 180 days | pending | pending | until 2026-12-29 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
"(the Company) prepares financial statements assuming it will continue operations, but reported a net loss of $ 2,485,763 for the fiscal year ended March 31, 2026, and has an accumulated deficit of $ 12,543,809 that create substantial doubt about its ability to continue as a going concern for at least one year and one day after the financial statements in this annual report are issued."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: independent auditor report in Form 10-K (period 2026-03-31)
Why this score: in auditor's report
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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