Made in USA Inc., formerly known as Alixo-Yolloo Corporation, has reported its financial results for the six months ending August 31, 2026, following a significant change in control that occurred on August 28, 2025. The company, which has shifted its focus from software development to creating a technology platform for certifying American-made products, reported no revenue for the current period, a decline from $35,936 in the same period last year. The company incurred a net loss of $4,724 for the six months ending August 31, 2026, compared to a loss of $22,861 for the same period in 2025.

The financial statements reveal a substantial change in the company's asset structure, with total assets increasing to $25,089,081 as of August 31, 2026, from $93,805 in February 2026. This increase is primarily attributed to the acquisition of intellectual property and other assets from Made in USA One LLC, valued at $25 million, which was completed on June 26, 2026. The acquisition involved the issuance of 5,000,000 shares of common stock as consideration, marking a significant strategic development for the company as it builds its certification and supply chain transparency platform.

Operationally, Made in USA Inc. has not generated any cash reserves as of August 31, 2026, and reported total liabilities of $622. The company’s stockholders' equity has decreased to $25,088,459, reflecting the ongoing losses and the impact of the recent acquisition. The company has also reported an accumulated deficit of $67,834, raising concerns about its ability to continue as a going concern. Management has indicated that future operations will depend on generating profitable revenues and securing additional financing.

The company is currently in the early stages of its new business model, which leverages blockchain, artificial intelligence, and IoT technologies to provide certification and validation solutions for American-made products. The management believes that demand for its services will be driven by federal origin-labeling rules and consumer concerns about product authenticity. However, the company faces competition from established certification firms and industrial IoT providers, which may have greater resources.

Looking ahead, Made in USA Inc. acknowledges the challenges it faces in achieving operational success and the need for additional capital to support its business development. The management plans to finance operations through loans from directors and potential private placements of common stock. The company has not yet established a timeline for when it expects to generate revenue from its new offerings, and there is no assurance that it will be able to do so in the near future.

About MADE IN USA INC.

Alixo-Yolloo Corporation develops music recognition technology through its mobile app 'Alixo' and API services. Utilizing neural network databases, it enables users to identify tracks from short recordings. The company targets consumers and application developers worldwide, offering innovative, user-friendly solutions with a focus on data privacy. Its business model centers on app sales, API licensing, and ongoing technological development in the music recognition sector.

This description was generated via AI from an annual report. Updated about 1 year ago.

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