Company research
UNIVERSAL SAFETY PRODUCTS, INC.
CIK 102109Updated Sep 24, 2026
UUU price & chart
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AMEX:UUU on TradingView ↗About the company
Universal Safety Products, Inc. is a distributor of safety and security devices. Founded in 1969, the Company has an over 56-year heritage of developing innovative and easy-to-install products. For more information on Universal Safety Products, Inc., visit our website at www.universalsafetyprod.com.
In the news
Recent filings
SCHEDULE 13D/A filing
SCHEDULE 13D/A filing
PRE 14A filing
10-Q filing
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 5.03, 9.01
Show 5 more recent filings
Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 4,504,815Source | 9,816,279Source | 8,544,750Source | 8,399,874Source |
| Property, Plant and EquipmentUSD | — | — | 159,656Source | 318,641Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 3,473,619Source | 348,074Source | 65,081Source | 151,502Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 317,754Source | 589,074Source | 1,101,991Source | 414,689Source |
| Inventory, NetUSD | — | 3,024,114Source | — | — |
| Assets, CurrentUSD | 4,504,815Source | 9,816,279Source | 8,353,793Source | 8,045,460Source |
| Operating Lease, Right-of-Use AssetUSD | — | 0Source | 155,763Source | 311,527Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 28,429Source | 23,129Source | 23,129Source | 23,129Source |
| Retained Earnings (Accumulated Deficit)USD | -12,543,809Source | -7,745,259Source | -7,945,943Source | -7,550,153Source |
| Stockholders' Equity Attributable to ParentUSD | 3,236,006Source | 5,163,711Source | 4,963,027Source | 5,358,817Source |
| Additional Paid in Capital, Common StockUSD | 15,751,386Source | 12,885,841Source | 12,885,841Source | 12,885,841Source |
| Liabilities and EquityUSD | 4,504,815Source | 9,816,279Source | 8,544,750Source | 8,399,874Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,268,809Source | 4,652,568Source | 3,568,393Source | 2,868,985Source |
| Operating Lease, Liability, CurrentUSD | — | 13,330Source | 158,742Source | 151,230Source |
| Operating Lease, Liability, NoncurrentUSD | — | — | 13,330Source | 172,072Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | 0Source | 114,204Source | 133,401Source | 75,947Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -2,485,763Source | 500,684Source | -395,790Source | 720,411Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | — | 4,470Source | 7,692Source | 11,692Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 896,700Source | — | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | — | — | 688,194Source | -2,165,429Source |
| Deferred Income Tax Expense (Benefit)USD | 361,000Source | -361,000Source | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 536,185Source | -1,048,612Source | 604,076Source | 1,491,943Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 4,502,605Source | — | — | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -1,913,245Source | 1,331,605Source | -690,497Source | -1,779,176Source |
| Dividends paid | — | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 3,125,545Source | 282,993Source | -86,421Source | -287,233Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 3,473,619Source | 348,074Source | 65,081Source | 151,502Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 27,988Source | 262,365Source | 155,731Source | 237,686Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 896,700Source | — | — | — |
| Amortization of Intangible AssetsUSD | — | 4,470Source | 4,474Source | 4,470Source |
| Depreciation, Amortization and Accretion, NetUSD | — | 159,656Source | 163,457Source | 158,986Source |
| Gain (Loss) on Disposition of AssetsUSD | 2,820,668Source | — | — | — |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | 2,820,668Source | — | — | — |
| Income Tax Expense (Benefit)USD | 366,000Source | -361,000Source | 0Source | 14,477Source |
| Inventory Write-downUSD | 110,000Source | 300,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -2,485,763Source | 500,684Source | -395,790Source | 720,411Source |
| Operating Lease, ExpenseUSD | 15,000Source | 15,000Source | 15,000Source | 15,000Source |
| Provision for Loan, Lease, and Other LossesUSD | 297,000Source | -65,000Source | — | — |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 4,847,163Source | 23,563,554Source | 19,902,673Source | 22,178,873Source |
| Cost of RevenueUSD | 4,043,774Source | 16,732,149Source | 14,094,660Source | 15,829,154Source |
| Selling, General and Administrative ExpenseUSD | 5,233,428Source | 6,004,507Source | 5,645,584Source | 4,974,453Source |
| Operating Income (Loss)USD | -4,653,833Source | 402,049Source | -264,805Source | 972,574Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -2,119,763Source | 139,684Source | -395,790Source | 734,888Source |
| Income Tax Expense (Benefit)USD | 366,000Source | -361,000Source | 0Source | 14,477Source |
| Net Income (Loss) Attributable to ParentUSD | -2,485,763Source | 500,684Source | -395,790Source | 720,411Source |
| Earnings Per Share, BasicUSD per share | -1.04Source | 0.22Source | -0.17Source | 0.31Source |
| Earnings Per Share, DilutedUSD per share | -1.04Source | 0.22Source | -0.17Source | 0.31Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 2,397,736Source | 2,312,887Source | 2,312,887Source | 2,312,887Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 2,397,736Source | 2,312,887Source | 2,312,887Source | 2,312,887Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 4,470Source | 4,474Source | 4,470Source |
| Gross ProfitUSD | 803,389Source | 6,831,405Source | 5,808,013Source | 6,349,719Source |
| Interest ExpenseUSD | 345,918Source | 262,365Source | 155,731Source | 237,686Source |
| Interest Income, OperatingUSD | 134,320Source | — | 24,746Source | — |
| Operating Lease, ExpenseUSD | 15,000Source | 15,000Source | 15,000Source | 15,000Source |
| Research and Development ExpenseUSD | — | — | — | 402,692Source |
Offerings
Registration 333-297385
Registration 333-290304
Filing attachments
tm2617757d1_ex4-1.htm · 8-K · 2026-06-12
EX-4.1 2 tm2617757d1_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 CONVERTIBLE PROMISSORY NOTE NEITHER THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR T…
Read attachment ↗tm2524812d1_ex99-1.htm · 8-K · 2025-09-02
EX-99.1 2 tm2524812d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 For Immediate Release Contact: Harvey Grossblatt, CEO Universal Safety Products, Inc. (410) 363-3000, Ext. 224 Universal Safety Products, Inc. Declares One-Time Special Cash Dividend of $1.00 per Share of Common Stock OWINGS MILLS, Md. September 2, 2025 - Universal Safety Products, Inc. (NYSE American: UUU) (the “Company”) today announced that its Board of Directors has declared a one-time special cash dividend of $1.00 per sha…
Read attachment ↗tm2523324d1_ex4-1.htm · 8-K · 2025-08-14
EX-4.1 2 tm2523324d1_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 CONVERTIBLE PROMISSORY NOTE NEITHER THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR T…
Read attachment ↗tm2521295d1_ex99-1.htm · 8-K · 2025-07-21
EX-99.1 3 tm2521295d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 For Immediate Release Contact: Harvey Grossblatt, President Universal Safety Products, Inc. 410-363-3000, Ext. 224 Universal Safety Products, Inc. Announces Notice of Noncompliance with NYSE American Continued Listing Standards due to delayed filing of Form 10-K OWINGS MILLS, MD. July 21, 2025 - Universal Safety Products, Inc. (NYSE American: UUU) announced today that on July 16, 2025, the Company received a letter from NYSE …
Read attachment ↗tm2516495d1_ex99-1.htm · 8-K · 2025-05-29
EX-99.1 3 tm2516495d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 UNIVERSAL SECURITY INSTRUMENTS, INC. PROFORMA CONDENSED CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2024 UNIVERSAL SECURITY INSTRUMENTS, INC. TABLE OF CONTENTS Page Proforma Condensed Consolidated 3 Financial Statements: Proforma Condensed Consolida…
Read attachment ↗tm256814d1_ex99-1.htm · 8-K · 2025-02-18
EX-99.1 2 tm256814d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 For Immediate Release Contact: Harvey Grossblatt, CEO Universal Security Instruments, Inc. (410) 363-3000, Ext. 224 or Zachary Mizener Lambert & Co. (315) 529-2348 Universal Security Instruments Reports Third-Quarter Results OWINGS MILLS, Md. February 14, 2025 - Universal Security Instruments, Inc. (NYSE AMEX: UUU) today announced results for its fiscal third quarter and nine months ended December 31, 2024. For the three mo…
Read attachment ↗