In its latest annual filing, MADE IN USA Inc. reported flat revenue around $37,000, reflecting its transition away from legacy API sales toward a reshoring-focused business model emphasizing certification and industrial edge AI. The company’s operating expenses rose 10%, driven by professional fees and marketing, resulting in a $29.6 million net loss and zero cash reserves as of fiscal year-end 2026, raising substantial going concern doubts. MADE IN USA operates two synergistic businesses: an origin verification certification service addressing growing federal enforcement on 'Made in USA' labeling claims, and the early-stage MIUSA Pulse™ edge AI product targeting predictive maintenance through on-device acoustic analysis. The company plans to acquire and relocate overseas manufacturing in semiconductor, LED, and electric motor sectors to the U.S., aiming to create a vertically integrated domestic manufacturing ecosystem. However, the combination of nascent technology development, limited current revenue, capital constraints, and a competitive landscape marked by established certification and industrial IoT incumbents poses significant execution risks.