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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2025	Dec. 31, 2024
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Net sales	$ 22,549	$ 5,535,148	$ 4,606,795	$ 17,336,933
Cost of goods sold	299,547	4,513,137	3,730,516	13,229,275
GROSS (LOSS) PROFIT	(276,998)	1,022,011	876,279	4,107,658
Selling, general and administrative expense	1,896,159	1,762,446	4,320,649	4,369,219
Engineering and product development expense	14,193	130,395	202,882	328,367
Operating loss	(2,187,350)	(870,830)	(3,647,252)	(589,928)
Other expense:
Gain on sale of assets			2,820,668
Change in fair value of derivative component of convertible debt	(135,000)		(182,000)
Interest expense - net	(78,824)	(77,409)	(86,049)	(211,939)
Net Loss before income taxes	(2,401,174)	(948,239)	(1,094,633)	(801,867)
Provision for income tax benefit	(114,000)	(11,600)	382,000
NET LOSS	$ (2,287,174)	$ (936,639)	$ (1,476,633)	$ (801,867)
Loss per share:
Basic (in dollars per share)	$ (0.99)	$ (0.4)	$ (0.64)	$ (0.35)
Diluted (in dollars per share)	$ (0.99)	$ (0.4)	$ (0.64)	$ (0.35)
Shares used in computing loss per share:
Weighted average basic shares outstanding (in shares)	2,312,887	2,312,887	2,312,887	2,312,887
Weighted average diluted shares outstanding (in shares)	2,312,887	2,312,887	2,312,887	2,312,887

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

UNIVERSAL SAFETY PRODUCTS, INC. 10-Q