$UUU
UNIVERSAL SECURITY INSTRUMENTS INC Stock $uuu

$uuu Overview Financials Valuation SEC Filings Company Website

2022 Q1 Form 10-K Financial Statement

#000141057822001941 Filed on July 14, 2022

Income Statement

Concept	2022 Q1	2022	2021 Q1
Revenue	$4.291M	$19.55M	$2.997M
YoY Change	43.15%	11.58%	-17.06%
Cost Of Revenue	$2.809M	$13.52M	$2.059M
YoY Change	36.44%	13.78%	-30.44%
Gross Profit	$1.481M	$6.032M	$938.2K
YoY Change	57.86%	6.96%	43.53%
Gross Profit Margin	34.52%	30.86%	31.3%
Selling, General & Admin	$1.464M	$5.524M	$1.462M
YoY Change	0.15%	9.73%	24.63%
% of Gross Profit	98.87%	91.58%	155.85%
Research & Development	$142.7K	$438.2K	$139.3K
YoY Change	2.46%	-7.07%	-31.98%
% of Gross Profit	9.63%	7.26%	14.84%
Depreciation & Amortization	$730.00	$7.694K	$159.7K
YoY Change	-99.54%	-0.01%	-0.01%
% of Gross Profit	0.05%	0.13%	17.03%
Operating Expenses	$1.607M	$5.963M	$1.601M
YoY Change	0.35%	8.29%	16.22%
Operating Profit	-$126.0K	$69.69K	-$663.2K
YoY Change	-81.01%	-47.91%	-8.43%
Interest Expense	-$109.9K	$147.8K	-$14.99K
YoY Change	633.09%	70.24%	-99.46%
% of Operating Profit		212.14%
Other Income/Expense, Net
YoY Change
Pretax Income	-$235.8K	-$78.15K	-$456.8K
YoY Change	-48.38%	-129.12%	-86.92%
Income Tax	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$235.8K	-$78.15K	-$456.8K
YoY Change	-48.38%	-129.12%	-86.92%
Net Earnings / Revenue	-5.5%	-0.4%	-15.24%
Basic Earnings Per Share		-$0.03
Diluted Earnings Per Share	-$102.0K	-$0.03	-$197.5K
COMMON SHARES
Basic Shares Outstanding	2.313M	2.313M
Diluted Shares Outstanding		2.313M

Balance Sheet

Concept	2022 Q1	2022	2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$438.7K	$438.7K	$160.6K
YoY Change	173.19%	173.19%	71.23%
Cash & Equivalents	$438.7K		$160.6K
Short-Term Investments
Other Short-Term Assets	$241.3K	$241.3K	$336.7K
YoY Change	-28.32%	-28.32%	197.57%
Inventory	$6.229M	$6.229M	$4.181M
Prepaid Expenses	$241.3K		$336.7K
Receivables	$1.290M	$1.290M	$653.2K
Other Receivables	$2.800M	$2.800M	$1.930M
Total Short-Term Assets	$11.00M	$11.00M	$7.262M
YoY Change	51.46%	51.46%	-6.63%
LONG-TERM ASSETS
Property, Plant & Equipment	$477.6K	$477.6K	$184.7K
YoY Change	158.63%	158.63%	-46.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$4.000K	$4.000K	$4.000K
YoY Change	0.0%	0.0%	0.0%
Total Long-Term Assets	$521.9K	$521.9K	$233.4K
YoY Change	123.6%	123.6%	-41.6%
TOTAL ASSETS
Total Short-Term Assets	$11.00M	$11.00M	$7.262M
Total Long-Term Assets	$521.9K	$521.9K	$233.4K
Total Assets	$11.52M	$11.52M	$7.495M
YoY Change	53.71%	53.71%	-8.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.572M	$2.557M	$509.6K
YoY Change	208.57%	102.21%	-34.02%
Accrued Expenses	$751.4K	$751.4K	$413.8K
YoY Change	81.6%	81.6%	7.76%
Deferred Revenue
YoY Change
Short-Term Debt	$3.239M	$3.239M	$18.90K
YoY Change	17035.08%	17035.08%	-98.79%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$6.547M	$6.547M	$1.697M
YoY Change	285.74%	285.73%	-37.55%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$335.4K	$335.4K	$1.081M
YoY Change	-68.98%	-68.98%	6.97%
Total Long-Term Liabilities	$335.4K	$335.4K	$1.081M
YoY Change	-68.98%	-68.98%	6.97%
TOTAL LIABILITIES
Total Short-Term Liabilities	$6.547M	$6.547M	$1.697M
Total Long-Term Liabilities	$335.4K	$335.4K	$1.081M
Total Liabilities	$6.883M	$6.883M	$2.779M
YoY Change	147.69%	147.69%	-25.48%
SHAREHOLDERS EQUITY
Retained Earnings	-$8.271M		-$8.192M
YoY Change	0.95%
Common Stock	$12.91M		$12.91M
YoY Change	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$4.638M	$4.638M	$4.717M
YoY Change
Total Liabilities & Shareholders Equity	$11.52M	$11.52M	$7.495M
YoY Change	53.71%	53.71%	-8.34%

Cashflow Statement

Concept	2022 Q1	2022	2021 Q1
OPERATING ACTIVITIES
Net Income	-$235.8K	-$78.15K	-$456.8K
YoY Change	-48.38%	-129.12%	-86.92%
Depreciation, Depletion And Amortization	$730.00	$7.694K	$159.7K
YoY Change	-99.54%	-0.01%	-0.01%
Cash From Operating Activities	$251.9K	-$1.860M	-$439.2K
YoY Change	-157.34%	-233.99%	46.14%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-200.3K	2.138M	18.91K
YoY Change	-1159.49%	-261.82%	-91.29%
NET CHANGE
Cash From Operating Activities	251.9K	-1.860M	-439.2K
Cash From Investing Activities
Cash From Financing Activities	-200.3K	2.138M	18.91K
Net Change In Cash	51.51K	278.1K	-420.3K
YoY Change	-112.26%	316.3%	403.05%
FREE CASH FLOW
Cash From Operating Activities	$251.9K	-$1.860M	-$439.2K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2022Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2021Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2312887
CY2022	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2022	dei	Entity Small Business EntitySmallBusiness	true
CY2022	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022	dei	Entity Shell Company EntityShellCompany	false
CY2022	dei	Amendment Flag AmendmentFlag	false
CY2022	us-gaap	Lease Practical Expedients Package LeasePracticalExpedientsPackage	true
CY2021Q3	dei	Entity Public Float EntityPublicFloat	11440560
CY2022	dei	Document Type DocumentType	10-K
CY2022Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	2312887
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2312887
CY2022	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#PropertyPlantAndEquipmentNet
CY2022	dei	Auditor Firm AuditorFirmId	688
CY2021Q1	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#PropertyPlantAndEquipmentNet
CY2022	dei	Auditor Name AuditorName	Marcum LLP
CY2022	dei	Auditor Location AuditorLocation	Philadelphia, PA
CY2021Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	2312887
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	2312887
CY2022	dei	Entity Registrant Name EntityRegistrantName	UNIVERSAL SECURITY INSTRUMENTS INC
CY2022	dei	Entity Central Index Key EntityCentralIndexKey	0000102109
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	438735
CY2021Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	160604
CY2022Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1290481
CY2021Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	653172
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	40243
CY2021Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	44717
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	477627
CY2022	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
CY2022	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
CY2022	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2022	dei	Document Annual Report DocumentAnnualReport	true
CY2022	dei	Document Period End Date DocumentPeriodEndDate	2022-03-31
CY2022	dei	Document Transition Report DocumentTransitionReport	false
CY2022	dei	Entity File Number EntityFileNumber	001-31747
CY2022	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	52-0898545
CY2022	dei	Entity Address Address Line1 EntityAddressAddressLine1	11407 Cronhill Drive, Suite A
CY2022	dei	Entity Address City Or Town EntityAddressCityOrTown	Owings Mills
CY2022	dei	Entity Address State Or Province EntityAddressStateOrProvince	MD
CY2022	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	21117
CY2022	dei	City Area Code CityAreaCode	410
CY2022	dei	Local Phone Number LocalPhoneNumber	363-3000
CY2022	dei	Security12b Title Security12bTitle	Common Stock
CY2022	dei	Trading Symbol TradingSymbol	UUU
CY2022	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2022	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2022	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2022	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022Q1	uuu	Receivables From Employees ReceivablesFromEmployees	6731
CY2021Q1	uuu	Receivables From Employees ReceivablesFromEmployees	5000
CY2022Q1	us-gaap	Accounts Notes And Loans Receivable Net Current AccountsNotesAndLoansReceivableNetCurrent	1297212
CY2021Q1	us-gaap	Accounts Notes And Loans Receivable Net Current AccountsNotesAndLoansReceivableNetCurrent	658172
CY2022Q1	uuu	Due From Factor DueFromFactor	2792901
CY2021Q1	uuu	Due From Factor DueFromFactor	1925291
CY2022Q1	us-gaap	Inventory Net InventoryNet	6229061
CY2021Q1	us-gaap	Inventory Net InventoryNet	4181193
CY2022Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	241342
CY2021	us-gaap	Revenues Revenues	17520151
CY2021Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	184678
CY2022Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	4000
CY2021Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	336699
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	4716556
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	11521121
CY2021Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7495354
CY2022Q1	us-gaap	Assets Current AssetsCurrent	10999251
CY2021Q1	us-gaap	Assets Current AssetsCurrent	7261959
CY2021Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	4000
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CY2022	us-gaap	Interest Expense InterestExpense	147840
CY2022	us-gaap	Revenues Revenues	19549785
CY2022Q1	us-gaap	Assets Assets	11521121
CY2021Q1	us-gaap	Assets Assets	7495354
CY2022Q1	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	2157086
CY2021Q1	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	18904
CY2022Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	131880
CY2021Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	171122
CY2022Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	1572356
CY2021Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	509561
CY2022Q1	us-gaap	Notes Payable To Bank Current NotesPayableToBankCurrent	1081440
CY2022Q1	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	985077
CY2021Q1	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	755148
CY2022Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	160025
CY2021Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	103381
CY2022Q1	uuu	Commissions And Other CommissionsAndOther	459440
CY2021Q1	uuu	Commissions And Other CommissionsAndOther	139242
CY2022Q1	us-gaap	Liabilities Current LiabilitiesCurrent	6547304
CY2021Q1	us-gaap	Liabilities Current LiabilitiesCurrent	1697358
CY2021Q1	us-gaap	Notes Payable Related Parties Noncurrent NotesPayableRelatedPartiesNoncurrent	1081440
CY2022Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	335411
CY2022Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	335411
CY2021Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	1081440
CY2021Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000
CY2021Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	2312887
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	2312887
CY2022Q1	us-gaap	Common Stock Value CommonStockValue	23129
CY2021Q1	us-gaap	Common Stock Value CommonStockValue	23129
CY2022Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	12885841
CY2021Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	12885841
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-8270564
CY2021Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-8192414
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	4638406
CY2022	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	13517552
CY2021	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	11880442
CY2022	us-gaap	Gross Profit GrossProfit	6032233
CY2021	us-gaap	Gross Profit GrossProfit	5639709
CY2022	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5524343
CY2021	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5034380
CY2022	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	438200
CY2021	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	471545
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	69690
CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	133784
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1860051
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1388172
CY2021	uuu	Proceeds From Paycheck Protection Program ProceedsFromPaycheckProtectionProgram	221400
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CY2021	us-gaap	Interest Expense InterestExpense	86841
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-78150
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2312887
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	268343
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	4448213
CY2021	us-gaap	Net Income Loss NetIncomeLoss	268343
CY2021	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-1542762
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2138182
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	4716556
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CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-78150
CY2021	us-gaap	Net Income Loss NetIncomeLoss	268343
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2312887
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-78150
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	4638406
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-78150
CY2021	us-gaap	Net Income Loss NetIncomeLoss	268343
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7694
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7695
CY2021	uuu	Forgiveness Of Debt Paycheck Protection Program ForgivenessOfDebtPaycheckProtectionProgram	221400
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CY2021	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	158576
CY2022	uuu	Increase Decrease In Allowances For Inventory And Account Receivable Reserves IncreaseDecreaseInAllowancesForInventoryAndAccountReceivableReserves	70000
CY2021	uuu	Increase Decrease In Allowances For Inventory And Account Receivable Reserves IncreaseDecreaseInAllowancesForInventoryAndAccountReceivableReserves	-100000
CY2022	uuu	Increase Decrease In Accounts Receivable And Due From Factor IncreaseDecreaseInAccountsReceivableAndDueFromFactor	1506650
CY2021	uuu	Increase Decrease In Accounts Receivable And Due From Factor IncreaseDecreaseInAccountsReceivableAndDueFromFactor	236930
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1977868
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-942766
CY2022	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-95357
CY2021	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	223554
CY2022	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1669566
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CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	160604
CY2022	us-gaap	Interest Paid Net InterestPaidNet	147840
CY2021	us-gaap	Interest Paid Net InterestPaidNet	82184
CY2021	uuu	Non Cash Conversion Of Trade Accounts Payable To Note Payable NonCashConversionOfTradeAccountsPayableToNotePayable	1081440
CY2022	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	467291
CY2022	us-gaap	Use Of Estimates UseOfEstimates	<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;"><span style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Use of Estimates:</span> In preparing financial statements in conformity with accounting principles generally accepted in the United States of America (US-GAAP), management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, we evaluate these estimates, including those related to bad debts, inventories, income taxes, and contingencies and litigation. We base these estimates on historical experiences and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily available from other sources. Actual results could differ from those estimates.</p>
CY2022	us-gaap	Revenues Revenues	19549785
CY2021	us-gaap	Revenues Revenues	17520151
CY2022	uuu	Factoring Charges FactoringCharges	165579
CY2021	uuu	Factoring Charges FactoringCharges	154267
CY2021Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	157000
CY2022Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	157000
CY2022	uuu	Expenses Incurred In Inventory Amount ExpensesIncurredInInventoryAmount	45000
CY2021	uuu	Expenses Incurred In Inventory Amount ExpensesIncurredInInventoryAmount	45000
CY2020Q3	uuu	Minimum Amount Of Stockholder S Equity After Reporting Loss From Operations MinimumAmountOfStockholderSEquityAfterReportingLossFromOperations	6000000.0
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-78150
CY2021	us-gaap	Net Income Loss NetIncomeLoss	268343
CY2021Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	171122
CY2022	us-gaap	Line Of Credit Facility Borrowing Capacity Description LineOfCreditFacilityBorrowingCapacityDescription	Under the modified Agreement the Company may borrow eighty percent (80%) of eligible accounts receivable. Additional funding, characterized by Merchant as an over advance, may be provided up to one hundred percent (100%) of eligible accounts receivable. The over advance portion, if any, may not exceed fifty percent (50%) of eligible inventory up to a maximum of $500,000.
CY2022	uuu	Maximum Percentage Of Over Advance Of Line Of Credit Facility Maximum Borrowing Capacity Of Eligible Accounts Receivable MaximumPercentageOfOverAdvanceOfLineOfCreditFacilityMaximumBorrowingCapacityOfEligibleAccountsReceivable	0.50
CY2022Q1	us-gaap	Line Of Credit Facility Capacity Available For Trade Purchases LineOfCreditFacilityCapacityAvailableForTradePurchases	1500000
CY2022	uuu	Factoring Agreement Receivables Sold FactoringAgreementReceivablesSold	18449900
CY2021	uuu	Factoring Agreement Receivables Sold FactoringAgreementReceivablesSold	17003317
CY2022Q1	uuu	Due From Factor DueFromFactor	2792901
CY2021Q1	uuu	Due From Factor DueFromFactor	1925291
CY2022Q1	us-gaap	Accounts Receivable Unapproved Contract Claims Amount Expected To Be Collected Within One Year AccountsReceivableUnapprovedContractClaimsAmountExpectedToBeCollectedWithinOneYear	589000
CY2021Q1	us-gaap	Accounts Receivable Unapproved Contract Claims Amount Expected To Be Collected Within One Year AccountsReceivableUnapprovedContractClaimsAmountExpectedToBeCollectedWithinOneYear	238000
CY2022	us-gaap	Line Of Credit Facility Interest Rate Description LineOfCreditFacilityInterestRateDescription	Collected cash maintained on deposit with the factor earns interest at the factor’s prime rate of interest less 2.5 percent (effective rate of 1.00% and 0.75% at March 31, 2022 and 2021, respectively.)
CY2022	uuu	Estimated Useful Lives EstimatedUsefulLives	<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">The estimated useful lives for financial reporting purposes are as follows:</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;"></span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:80%;"><tr style="height:1pt;"><td style="vertical-align:top;width:45%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"/></div></td><td style="vertical-align:top;width:5%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"/></div></td><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"/></div></td></tr><tr><td style="vertical-align:top;width:45%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Leasehold improvements</p></td><td style="vertical-align:top;width:5%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">-</p></td><td style="vertical-align:top;width:50%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Shorter of term of lease or useful life of asset</p></td></tr><tr><td style="vertical-align:top;width:45%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Machinery and equipment</p></td><td style="vertical-align:top;width:5%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">-</p></td><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">5 to 10 years</p></td></tr><tr><td style="vertical-align:top;width:45%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Furniture and fixtures</p></td><td style="vertical-align:top;width:5%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">-</p></td><td style="vertical-align:top;width:50%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">5 to 15 years</p></td></tr><tr><td style="vertical-align:top;width:45%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Computer equipment</p></td><td style="vertical-align:top;width:5%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">-</p></td><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">5 years</p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p>
CY2022Q1	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	5537000
CY2022	us-gaap	Operating Lease Cost OperatingLeaseCost	175770
CY2021Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	171122
CY2022Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1874287
CY2021Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1406996
CY2022Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1396660
CY2021Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1222318
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	477627
CY2021Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	184678
CY2022	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	174342
CY2022	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	171122
CY2021	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	161799
CY2021	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	158576
CY2022	us-gaap	Operating Lease Expense OperatingLeaseExpense	14500
CY2022	uuu	Operating Lease Rent Increment Percentage OperatingLeaseRentIncrementPercentage	0.030
CY2022	uuu	Monthly Rental Expenses MonthlyRentalExpenses	4900
CY2022	uuu	Operating Lease Rent Expenses OperatingLeaseRentExpenses	252975
CY2021	uuu	Operating Lease Rent Expenses OperatingLeaseRentExpenses	239557
CY2022	uuu	Non Cash Right Of Use Asset In Exchange For Operating Lease Liability NonCashRightOfUseAssetInExchangeForOperatingLeaseLiability	485000
CY2022	uuu	Adoption Of Lease Expenses Increased AdoptionOfLeaseExpensesIncreased	468000
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	467291
CY2022Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	467291
CY2022Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y
CY2022Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.055
CY2022	us-gaap	Operating Lease Payments OperatingLeasePayments	175770
CY2021Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P1Y
CY2021Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.060
CY2021	us-gaap	Operating Lease Payments OperatingLeasePayments	173622
CY2021	us-gaap	Operating Lease Cost OperatingLeaseCost	173622
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	138738
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	155512
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	160178
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	26760
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	481188
CY2022Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	13897
CY2022Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	467291
CY2022Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	131880
CY2022Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	335411
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2022	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-16412
CY2021	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	56352
CY2022	uuu	Income Tax Reconciliation Permanent Differences IncomeTaxReconciliationPermanentDifferences	12017
CY2021	uuu	Income Tax Reconciliation Permanent Differences IncomeTaxReconciliationPermanentDifferences	-33029
CY2022	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	15646
CY2021	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	3353
CY2021	uuu	Effective Income Tax Rate Reconciliation Expiration Of Tax Credits Amount EffectiveIncomeTaxRateReconciliationExpirationOfTaxCreditsAmount	129999
CY2022	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	11251
CY2021	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	156675
CY2022Q1	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReturnsAndAllowances	68553
CY2021Q1	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReturnsAndAllowances	76376
CY2022Q1	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	54895
CY2021Q1	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	11027
CY2022Q1	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	1194224
CY2021Q1	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	1241522
CY2022Q1	us-gaap	Deferred Tax Assets In Process Research And Development DeferredTaxAssetsInProcessResearchAndDevelopment	61701
CY2021Q1	us-gaap	Deferred Tax Assets In Process Research And Development DeferredTaxAssetsInProcessResearchAndDevelopment	61701
CY2022Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1379373
CY2021Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1390626
CY2022	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	43688
CY2021	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	43412
CY2022Q1	us-gaap	Accounts Receivable Related Parties AccountsReceivableRelatedParties	358958
CY2021Q1	us-gaap	Accounts Receivable Related Parties AccountsReceivableRelatedParties	381401
CY2022	us-gaap	Defined Contribution Plan Employer Matching Contribution Percent DefinedContributionPlanEmployerMatchingContributionPercent	0.04
CY2022	uuu	Capitalization Finite Lived Intangible Assets Legal Expenses CapitalizationFiniteLivedIntangibleAssetsLegalExpenses	89434
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4474
CY2021	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4472
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	49191
CY2021Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	44717
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	4472
CY2022Q1	us-gaap	Long Term Debt LongTermDebt	100000
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	120000

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0001410578-22-001941-index-headers.html	Edgar Link	pending
0001410578-22-001941-index.html	Edgar Link	pending
0001410578-22-001941.txt	Edgar Link	pending
0001410578-22-001941-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
uuu-20220331.xsd	Edgar Link	pending
uuu-20220331x10k.htm	Edgar Link	pending
uuu-20220331x10k_htm.xml	Edgar Link	completed
uuu-20220331xex23d1.htm	Edgar Link	pending
uuu-20220331xex31d1.htm	Edgar Link	pending
uuu-20220331xex31d2.htm	Edgar Link	pending
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uuu-20220331xex99d1.htm	Edgar Link	pending
uuu-20220331xex99d1001.jpg	Edgar Link	pending
uuu-20220331xex99d1002.jpg	Edgar Link	pending
uuu-20220331_cal.xml	Edgar Link	unprocessable
uuu-20220331_def.xml	Edgar Link	unprocessable
uuu-20220331_lab.xml	Edgar Link	unprocessable
uuu-20220331_pre.xml	Edgar Link	unprocessable

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$UUU
UNIVERSAL SECURITY INSTRUMENTS INC Stock $uuu

2022 Q1 Form 10-K Financial Statement

#000141057822001941 Filed on July 14, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$UUU UNIVERSAL SECURITY INSTRUMENTS INC Stock $uuu

2022 Q1 Form 10-K Financial Statement

#000141057822001941 Filed on July 14, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$UUU
UNIVERSAL SECURITY INSTRUMENTS INC Stock $uuu