{"url_path":"/sec/uuu/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-02-19","source_url":"https://www.sec.gov/Archives/edgar/data/102109/0001104659-26-017568-index.html","accession_number":"0001104659-26-017568","cik":"0000102109","ticker":"UUU","issuer_name":"UNIVERSAL SAFETY PRODUCTS, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/102109/0001104659-26-017568-index.html","primary_entity_key":"0000102109","primary_entity_name":"UNIVERSAL SAFETY PRODUCTS, INC."},"word_count":686,"has_tables":true,"body_markdown":"UNIVERSAL SAFETY PRODUCTS, INC._December 31, 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of Contents](#TOC)\n\n​\n\n​\n\n**UNITED STATES SECURITIES AND EXCHANGE COMMISSION**\n\nWASHINGTON, D.C. 20549\n\n**FORM ****10-Q**\n\n**☒****QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF**\n\n**THE SECURITIES EXCHANGE ACT OF 1934**\n\nFor the Quarterly period ended December 31, 2025\n\nOR\n\n☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE\n\nSECURITIES EXCHANGE ACT OF 1934\n\n**Commission file number****001-31747**\n\n**UNIVERSAL SAFETY PRODUCTS, INC.**\n\n(Exact name of registrant as specified in its charter)\n\n​\n\n**Maryland**\n\n  ​ ​ ​\n\n**52-0898545**\n\n(State or other jurisdiction of\n\n \n\n(I.R.S. Employer\n\nincorporation or organization)\n\n \n\nIdentification No.)\n\n \n\n**11407 Cronhill Drive****,****Suite A**\n\n \n\n**Owings Mills****,****Maryland**\n\n \n\n**21117**\n\n(Address of principal executive offices)\n\n \n\n(Zip Code)\n\n​\n\nRegistrant’s telephone number, including area code: **(****410****)****363-3000**\n\nSecurities registered pursuant to Section 12(b) of the Act:\n\nTitle of each class\n\nTrading symbol(s)\n\nName of each exchange on which registered\n\nCommon Stock\n\nUUU\n\nNYSE MKT LLC\n\n​\n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐\n\nIndicate by check mark if the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n​\n\n​\n\n​\n\nLarge accelerated filer ☐\n\n  ​ ​\n\nAccelerated filer ☐\n\nNon-accelerated filer ☒\n\n​\n\nSmaller reporting company ☒\n\nEmerging growth company ☐\n\n​\n\n​\n\n​\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒\n\nAt February 19, 2026, the number of shares outstanding of the registrant’s common stock was 2,717,887.\n\n​\n\n​\n\n​\n\n​\n\n[Table of Contents](#TOC)\n\n**TABLE OF CONTENTS**\n\n[**Part I - Financial Information**](#FINANCIALINFORMATION_536552)\n\n**Page**\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[**Item 1.**](#CONSOLIDATEDFINANCIALSTATEMENTS_883321)\n\n[Condensed Consolidated Financial Statements:](#CONSOLIDATEDFINANCIALSTATEMENTS_883321)\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[Condensed Consolidated Balance Sheet at December 31, 2025 (unaudited) and March 31, 2025](#BS)\n\n3\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[Condensed Consolidated Statements of Operations for the Three Months Ended December 31, 2025, and 2024 (unaudited)](#STATEMENTSOFOPERATIONS_684551)\n\n4\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[Condensed Consolidated Statements of Operations for the Nine Months Ended December 31, 2025, and 2024 (unaudited)](#STATEMENTSOFOPERATIONS_SIXMONTHS)\n\n5\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[Condensed Consolidated Statements of Shareholders’ Equity for the Nine Months Ended December 31, 2025, (unaudited)](#SHAREHOLDERSEQUITY_744910)\n\n6\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[Condensed Consolidated Statements of Shareholders’ Equity for the Nine Months Ended December 31, 2024, (unaudited)](#STATEMENTOFSHAREHOLDERS_910880)\n\n7\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[Condensed Consolidated Statements of Cash Flows for the Nine Months Ended December 31, 2025, and 2024 (unaudited)](#CASHFLOWS_366100)\n\n8\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[Notes to Condensed Consolidated Financial Statements (unaudited)](#NOTESTOCONDENSEDCONSOLIDATED_263492)\n\n9\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[**Item 2.**](#ITEM2MANAGEMENTSDISCUSSION_629242)\n\n[Management’s Discussion and Analysis of Financial Condition and Results of Operations](#ITEM2MANAGEMENTSDISCUSSION_629242)\n\n16\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[**Item 4.**](#ITEM4CONTROLSANDPROCEDURES_635751)\n\n[Controls and Procedures](#ITEM4CONTROLSANDPROCEDURES_635751)\n\n19\n\n​\n\n​\n\n​\n\n​\n\n[**Part II - Other Information**](#PARTIIOTHERINFORMATION_551023)\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[**Item 1.**](#ITEM1LEGALPROCEEDINGS_719697)\n\n[Legal Proceedings](#ITEM1LEGALPROCEEDINGS_719697)\n\n20\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[**Item 5.**](#ITEM5OTHERINFORMATION_678554)\n\n[Other Information](#ITEM5OTHERINFORMATION_678554)\n\n20\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[**Item 6.**](#ITEM6EXHIBITS_138779)\n\n[Exhibits](#ITEM6EXHIBITS_138779)\n\n20\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[Signatures](#SIGNATURES_780953)\n\n21\n\n​\n\n​\n\n​\n\n2\n\n[Table of Contents](#TOC)\n\nPART I - FINANCIAL INFORMATION"}