Made in USA Inc. Reports Q3 Revenue Decline and Increased Nine-Month Losses Amid Business Shift

Made in USA Inc., formerly known as Alixo-Yolloo Corporation, reported its financial results for the third quarter and nine months ending November 30, 2025, revealing a significant shift in its business focus following a change in control on August 28, 2025. The company, which previously developed a music identification application, is now concentrating on reshoring industrial capacity to the United States and enhancing supply chain authenticity through a technology platform that integrates blockchain, artificial intelligence, and the Internet of Things.

For the three months ended November 30, 2025, Made in USA Inc. generated total revenue of $1,100, a decrease of 88% from $8,842 in the same period last year. The nine-month revenue, however, increased by 58% to $37,036 compared to $23,425 in the prior year, attributed to an expanded customer base and increased business activity. Despite this growth in nine-month revenue, the company reported a net loss of $25,373 for the nine months ended November 30, 2025, compared to a loss of $22,071 for the same period in 2024, reflecting a 15% increase in losses.

The company’s total assets decreased to $98,042 as of November 30, 2025, down from $116,464 as of February 28, 2025. Current liabilities also saw a significant reduction, falling to $622 from $111,064, primarily due to the elimination of accounts payable and deferred revenue. Shareholders' equity increased substantially from $5,400 to $97,420, largely due to the conversion of a related-party loan into additional paid-in capital and the issuance of new shares following the change in control.

Operationally, the company is in the early stages of its new business model, focusing on acquiring technology and existing operations overseas to reshore them to the U.S. It has identified potential acquisition targets and is negotiating transactions expected to commence in 2026. The company is also developing a technology platform for tracking and validating the authenticity of American-made products, which is anticipated to enhance its market position in the reshoring sector.

Looking ahead, Made in USA Inc. acknowledges the challenges it faces, including the need for additional capital to support its operations and the uncertainty surrounding its ability to generate profitable operations. The management plans to finance operating costs through loans from directors and potential private placements of common stock. The company has expressed substantial doubt about its ability to continue as a going concern, emphasizing the importance of securing financing to meet its obligations and sustain its business development efforts.