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Universal Safety Products swings to Q1 FY27 net loss of $662,086; net sales drop 97% to $109,559 vs year-ago quarter

PUBT·08/14/2026 20:40:13
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Universal Safety Products swings to Q1 FY27 net loss of $662,086; net sales drop 97% to $109,559 vs year-ago quarter
  • Universal Safety Products posted a net loss of $662,086 for the quarter ended June 30, 2026, swinging from profit a year earlier.
  • Net sales plunged 97% to $109,559 from the prior-year quarter, reflecting the May 2025 sale of a major product line.
  • Gross margin narrowed 9.9 percentage points to 8.3%, pressured by tariffs, product mix shifts, and higher freight costs.
  • Selling, general and administrative costs fell to $743,823, but rose to 679% of net sales as revenue collapsed.
  • Universal DeFi had generated no revenue by June 30, 2026; AULT tokens had no observable market price, so no related asset or revenue was recorded.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Universal Safety Products Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-097233), on August 14, 2026, and is solely responsible for the information contained therein.