$UUU
UNIVERSAL SECURITY INSTRUMENTS INC Stock $uuu

$uuu Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-K Financial Statement

#000141057823001476 Filed on July 14, 2023

Income Statement

Concept	2023 Q3	2023 Q1	2023
Revenue	$3.717M	$5.928M	$22.18M
YoY Change	-36.53%	38.16%	13.45%
Cost Of Revenue	$2.409M	$4.259M	$15.83M
YoY Change	-43.91%	51.6%	17.1%
Gross Profit	$1.308M	$1.669M	$6.350M
YoY Change	-16.23%	12.66%	5.26%
Gross Profit Margin	35.19%	28.15%	28.63%
Selling, General & Admin	$1.334M	$1.224M	$4.974M
YoY Change	12.2%	-16.41%	-9.95%
% of Gross Profit	102.0%	73.36%	78.34%
Research & Development	$130.0K	$108.5K	$402.7K
YoY Change	25.91%	-23.95%	-8.1%
% of Gross Profit	9.94%	6.5%	6.34%
Depreciation & Amortization	$0.00	-$3.160K	$11.69K
YoY Change	-100.0%	-532.88%	51.94%
% of Gross Profit	0.0%	-0.19%	0.18%
Operating Expenses	$1.334M	$1.333M	$5.377M
YoY Change	3.24%	-17.08%	-9.82%
Operating Profit	-$157.6K	$336.0K	$972.6K
YoY Change	-158.56%	-366.79%	1295.57%
Interest Expense	$33.51K	-$36.91K	-$237.7K
YoY Change	-51.1%	-66.41%	-260.78%
% of Operating Profit		-10.98%	-24.44%
Other Income/Expense, Net
YoY Change
Pretax Income	-$191.1K	$299.1K	$734.9K
YoY Change	-195.26%	-226.83%	-1040.36%
Income Tax	-$4.672K	$14.48K	$14.48K
% Of Pretax Income		4.84%	1.97%
Net Earnings	-$186.4K	$284.6K	$720.4K
YoY Change	-192.93%	-220.69%	-1021.83%
Net Earnings / Revenue	-5.01%	4.8%	3.25%
Basic Earnings Per Share	-$0.08		$0.31
Diluted Earnings Per Share	-$0.08	$0.12	$0.31
COMMON SHARES
Basic Shares Outstanding	2.313M	2.313M	2.313M
Diluted Shares Outstanding	2.313M		2.313M

Balance Sheet

Concept	2023 Q3	2023 Q1	2023
SHORT-TERM ASSETS
Cash & Short-Term Investments	$250.0K	$151.5K	$151.5K
YoY Change	39.76%	-65.47%	-65.47%
Cash & Equivalents	$254.8K	$151.5K
Short-Term Investments
Other Short-Term Assets	$370.0K	$165.4K	$165.4K
YoY Change	12.74%	-31.47%	-31.47%
Inventory	$4.968M	$4.064M	$4.064M
Prepaid Expenses	$365.6K	$165.4K
Receivables	$822.0K	$414.7K	$414.7K
Other Receivables	$2.310M	$3.250M	$3.250M
Total Short-Term Assets	$8.719M	$8.045M	$8.045M
YoY Change	-21.06%	-26.85%	-26.85%
LONG-TERM ASSETS
Property, Plant & Equipment	$242.5K	$318.6K	$318.6K
YoY Change	-39.09%	-33.29%	-33.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets		$0.00	$0.00
YoY Change		-100.0%	-100.0%
Total Long-Term Assets	$276.0K	$354.4K	$354.4K
YoY Change	-37.28%	-32.09%	-32.09%
TOTAL ASSETS
Total Short-Term Assets	$8.719M	$8.045M	$8.045M
Total Long-Term Assets	$276.0K	$354.4K	$354.4K
Total Assets	$8.995M	$8.400M	$8.400M
YoY Change	-21.68%	-27.09%	-27.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.990M	$948.5K	$948.5K
YoY Change	4.96%	-39.68%	-62.91%
Accrued Expenses	$660.0K	$461.2K	$461.2K
YoY Change	21.89%	-38.62%	-38.62%
Deferred Revenue
YoY Change
Short-Term Debt	$910.0K	$1.459M	$1.459M
YoY Change	-72.9%	-54.94%	-54.94%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.565M	$2.869M	$2.869M
YoY Change	-45.2%	-56.18%	-56.18%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$90.00K	$172.1K	$172.1K
YoY Change	-63.71%	-48.7%	-48.7%
Total Long-Term Liabilities	$93.07K	$172.1K	$172.1K
YoY Change	-62.48%	-48.7%	-48.7%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.565M	$2.869M	$2.869M
Total Long-Term Liabilities	$93.07K	$172.1K	$172.1K
Total Liabilities	$3.658M	$3.041M	$3.041M
YoY Change	-45.83%	-55.82%	-55.82%
SHAREHOLDERS EQUITY
Retained Earnings	-$7.571M	-$7.550M
YoY Change	-7.4%	-8.71%
Common Stock	$12.91M	$12.91M
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$5.338M	$5.359M	$5.359M
YoY Change
Total Liabilities & Shareholders Equity	$8.995M	$8.400M	$8.400M
YoY Change	-21.68%	-27.09%	-27.09%

Cashflow Statement

Concept	2023 Q3	2023 Q1	2023
OPERATING ACTIVITIES
Net Income	-$186.4K	$284.6K	$720.4K
YoY Change	-192.93%	-220.69%	-1021.83%
Depreciation, Depletion And Amortization	$0.00	-$3.160K	$11.69K
YoY Change	-100.0%	-532.88%	51.94%
Cash From Operating Activities	$470.0K	$1.145M	$1.492M
YoY Change	156.05%	354.49%	-180.21%
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	-460.0K	-1.193M	-1.779M
YoY Change	76.54%	495.62%	-183.21%
NET CHANGE
Cash From Operating Activities	470.0K	1.145M	1.492M
Cash From Investing Activities
Cash From Financing Activities	-460.0K	-1.193M	-1.779M
Net Change In Cash	10.00K	-48.66K	-287.2K
YoY Change	-112.99%	-194.47%	-203.28%
FREE CASH FLOW
Cash From Operating Activities	$470.0K	$1.145M	$1.492M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2022Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.31
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2312887
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2312887
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	2312887
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	2312887
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0000102109
CY2023	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2023	dei	Amendment Flag AmendmentFlag	false
CY2023	us-gaap	Lease Practical Expedients Package LeasePracticalExpedientsPackage	true
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet
CY2023	dei	Entity Registrant Name EntityRegistrantName	UNIVERSAL SECURITY INSTRUMENTS INC
CY2023	dei	Document Type DocumentType	10-K
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Entity File Number EntityFileNumber	001-31747
CY2023	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	52-0898545
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	11407 Cronhill Drive
CY2023	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite A
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Owings Mills
CY2023	dei	Entity Address State Or Province EntityAddressStateOrProvince	MD
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	21117
CY2023	dei	City Area Code CityAreaCode	410
CY2023	dei	Local Phone Number LocalPhoneNumber	363-3000
CY2023	dei	Security12b Title Security12bTitle	Common Stock
CY2023	dei	Trading Symbol TradingSymbol	UUU
CY2023	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023	dei	Entity Small Business EntitySmallBusiness	true
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2022Q3	dei	Entity Public Float EntityPublicFloat	7970834
CY2023Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	2312887
CY2023	dei	Auditor Firm AuditorFirmId	688
CY2023	dei	Auditor Name AuditorName	Marcum LLP
CY2023	dei	Auditor Location AuditorLocation	Philadelphia, PA
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	151502
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	438735
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	414689
CY2022Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	993846
CY2023Q1	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	305889
CY2022Q1	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	303366
CY2023Q1	us-gaap	Accounts Notes And Loans Receivable Net Current AccountsNotesAndLoansReceivableNetCurrent	720578
CY2022Q1	us-gaap	Accounts Notes And Loans Receivable Net Current AccountsNotesAndLoansReceivableNetCurrent	1297212
CY2023Q1	uuu	Due From Factor DueFromFactor	2944370
CY2022Q1	uuu	Due From Factor DueFromFactor	2792901
CY2023Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	4063632
CY2022Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	6229061
CY2023Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	165378
CY2022Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	241342
CY2023Q1	us-gaap	Assets Current AssetsCurrent	8045460
CY2022Q1	us-gaap	Assets Current AssetsCurrent	10999251
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	35773
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	40243
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	318641
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	477627
CY2022Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	4000
CY2023Q1	us-gaap	Assets Assets	8399874
CY2022Q1	us-gaap	Assets Assets	11521121
CY2023Q1	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	1459350
CY2022Q1	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	2157086
CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	151230
CY2022Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	131880
CY2023Q1	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	293465
CY2022Q1	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	1572356
CY2022Q1	us-gaap	Notes Payable To Bank Current NotesPayableToBankCurrent	1081440
CY2023Q1	uuu	Accounts Payable To Related Parties Current AccountsPayableToRelatedPartiesCurrent	655000
CY2022Q1	uuu	Accounts Payable To Related Parties Current AccountsPayableToRelatedPartiesCurrent	985077
CY2023Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	125415
CY2022Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	160025
CY2023Q1	uuu	Accrued Commissions And Other AccruedCommissionsAndOther	184525
CY2022Q1	uuu	Accrued Commissions And Other AccruedCommissionsAndOther	459440
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	2868985
CY2022Q1	us-gaap	Liabilities Current LiabilitiesCurrent	6547304
CY2023Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	172072
CY2022Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	335411
CY2023Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	172072
CY2022Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	335411
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	2312887
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	2312887
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	23129
CY2022Q1	us-gaap	Common Stock Value CommonStockValue	23129
CY2023Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	12885841
CY2022Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	12885841
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7550153
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-8270564
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	5358817
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	4638406
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	8399874
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	11521121
CY2023	us-gaap	Revenues Revenues	22178873
CY2022	us-gaap	Revenues Revenues	19549785
CY2023	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	15829154
CY2022	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	13517552
CY2023	us-gaap	Gross Profit GrossProfit	6349719
CY2022	us-gaap	Gross Profit GrossProfit	6032233
CY2023	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4974453
CY2022	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5524343
CY2023	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	402692
CY2022	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	438200
CY2023	us-gaap	Operating Income Loss OperatingIncomeLoss	972574
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	69690
CY2023	us-gaap	Interest Expense InterestExpense	237686
CY2022	us-gaap	Interest Expense InterestExpense	147840
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	734888
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-78150
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	14477
CY2023	us-gaap	Net Income Loss NetIncomeLoss	720411
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-78150
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.31
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2312887
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2312887
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	4716556
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-78150
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	4638406
CY2023	us-gaap	Net Income Loss NetIncomeLoss	720411
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	5358817
CY2023	us-gaap	Profit Loss ProfitLoss	720411
CY2022	us-gaap	Profit Loss ProfitLoss	-78150
CY2023	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	11692
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7694
CY2023	uuu	Depreciation Of Right Of Use Asset And Decrease In Other Assets DepreciationOfRightOfUseAssetAndDecreaseInOtherAssets	155764
CY2022	uuu	Depreciation Of Right Of Use Asset And Decrease In Other Assets DepreciationOfRightOfUseAssetAndDecreaseInOtherAssets	171122
CY2022	uuu	Increase Decrease In Allowance For Inventory Reserve IncreaseDecreaseInAllowanceForInventoryReserve	70000
CY2023	uuu	Increase Decrease In Accounts Receivable And Due From Factor IncreaseDecreaseInAccountsReceivableAndDueFromFactor	-425165
CY2022	uuu	Increase Decrease In Accounts Receivable And Due From Factor IncreaseDecreaseInAccountsReceivableAndDueFromFactor	1506650
CY2023	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-2165429
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1977868
CY2023	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-75964
CY2022	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-95357
CY2023	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1918493
CY2022	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1669566
CY2023	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-143989
CY2022	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-171122
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1491943
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1860051
CY2023	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	1081440
CY2023	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-697736
CY2022	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	2138182
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1779176
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2138182
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-287233
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	278131
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	438735
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	160604
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	151502
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	438735
CY2023	us-gaap	Interest Paid Net InterestPaidNet	237686
CY2022	us-gaap	Interest Paid Net InterestPaidNet	147840
CY2022	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	467291
CY2023	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>
CY2023	us-gaap	Revenues Revenues	22178873
CY2022	us-gaap	Revenues Revenues	19549785
CY2023	uuu	Factoring Charges FactoringCharges	191225
CY2022	uuu	Factoring Charges FactoringCharges	165579
CY2023Q1	uuu	Allowance For Uncollectible Financing Receivables AllowanceForUncollectibleFinancingReceivables	0
CY2023Q1	uuu	Financing Receivables Past Due FinancingReceivablesPastDue	0
CY2022Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	157000
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	157000
CY2023	uuu	Inventory Quality Control Expenses InventoryQualityControlExpenses	45000
CY2022	uuu	Inventory Quality Control Expenses InventoryQualityControlExpenses	45000
CY2022	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0
CY2023	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0
CY2023	us-gaap	Guarantees Indemnifications And Warranties Policies GuaranteesIndemnificationsAndWarrantiesPolicies	<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;">Warranties:</span> We generally provide warranties, on the safety products, from <span style="-sec-ix-hidden:Hidden_YYh_Dst_nkWRfS2sGWr-ZQ;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">one</span></span> to ten years to the non-commercial end user on all products sold. The manufacturers of our safety products provide us with a one-year warranty on all products we purchase for resale. Claims for warranty replacement of products beyond the one-year warranty period covered by the manufacturers have not been historically material.</p>
CY2023	uuu	Warranty Period For Products Purchased For Resale WarrantyPeriodForProductsPurchasedForResale	P1Y
CY2023	uuu	Warranty Period For Products Purchased For Resale WarrantyPeriodForProductsPurchasedForResale	P1Y
CY2023	uuu	Shipping And Handling Costs ShippingAndHandlingCosts	524016
CY2022	uuu	Shipping And Handling Costs ShippingAndHandlingCosts	426740
CY2022	uuu	Securities Outstanding Other Than Common Stock SecuritiesOutstandingOtherThanCommonStock	0
CY2023	uuu	Securities Outstanding Other Than Common Stock SecuritiesOutstandingOtherThanCommonStock	0
CY2023	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.
CY2023	uuu	Factoring Agreement Receivables Sold FactoringAgreementReceivablesSold	22581988
CY2022	uuu	Factoring Agreement Receivables Sold FactoringAgreementReceivablesSold	18449900
CY2023Q1	uuu	Due From Factor DueFromFactor	2944370
CY2022Q1	uuu	Due From Factor DueFromFactor	2792901
CY2023Q1	us-gaap	Accounts Receivable Unapproved Contract Claims Amount Expected To Be Collected Within One Year AccountsReceivableUnapprovedContractClaimsAmountExpectedToBeCollectedWithinOneYear	633000
CY2022Q1	us-gaap	Accounts Receivable Unapproved Contract Claims Amount Expected To Be Collected Within One Year AccountsReceivableUnapprovedContractClaimsAmountExpectedToBeCollectedWithinOneYear	589000
CY2023	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 5.50% and 1.00% at March 31, 2023 and 2022, respectively.)
CY2023	uuu	Estimated Useful Lives EstimatedUsefulLives	<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></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></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></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;padding-left:7.2pt;text-align:justify;text-indent:-7.2pt;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;padding-left:7.2pt;text-align:justify;text-indent:-7.2pt;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 <span style="-sec-ix-hidden:Hidden_gOz7e1FxtUaQ6necHIXgSg;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">10 years</span></span></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;padding-left:7.2pt;text-align:justify;text-indent:-7.2pt;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 <span style="-sec-ix-hidden:Hidden_xHCmlE_5FEKm1g6WpEksBQ;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">15 years</span></span></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;padding-left:7.2pt;text-align:justify;text-indent:-7.2pt;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>
CY2023Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1874287
CY2022Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1874287
CY2023Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1555646
CY2022Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1396660
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	318641
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	477627
CY2023	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	158986
CY2023	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	155764
CY2022	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	174342
CY2022	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	171122
CY2023	us-gaap	Operating Lease Expense OperatingLeaseExpense	15000
CY2023	uuu	Operating Lease Rent Increment Percentage OperatingLeaseRentIncrementPercentage	0.030
CY2023	uuu	Monthly Rental Expenses MonthlyRentalExpenses	4900
CY2023	uuu	Operating Lease Rent Expenses OperatingLeaseRentExpenses	265990
CY2022	uuu	Operating Lease Rent Expenses OperatingLeaseRentExpenses	252975
CY2023	uuu	Non Cash Right Of Use Asset In Exchange For Operating Lease Liability NonCashRightOfUseAssetInExchangeForOperatingLeaseLiability	485000
CY2023	uuu	Adoption Of Lease Expenses Increased AdoptionOfLeaseExpensesIncreased	468000
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	311527
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	323302
CY2023Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P2Y
CY2023Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.055
CY2023	us-gaap	Operating Lease Payments OperatingLeasePayments	143989
CY2023	us-gaap	Operating Lease Cost OperatingLeaseCost	184370
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
CY2022	us-gaap	Operating Lease Cost OperatingLeaseCost	175770
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	116918
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	159398
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	53492
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	329808
CY2023Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	6506
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	323302
CY2023Q1	uuu	Operating Lease Liabilities Current OperatingLeaseLiabilitiesCurrent	151230
CY2023Q1	uuu	Operating Lease Liabilities Noncurrent OperatingLeaseLiabilitiesNoncurrent	172072
CY2023Q1	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	5253000
CY2023	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2023	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	154326
CY2022	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-16412
CY2023	uuu	Income Tax Reconciliation Permanent Differences IncomeTaxReconciliationPermanentDifferences	-24657
CY2022	uuu	Income Tax Reconciliation Permanent Differences IncomeTaxReconciliationPermanentDifferences	12017
CY2023	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	24558
CY2022	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	15646
CY2023	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	139750
CY2022	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	11251
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	14477
CY2023Q1	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReturnsAndAllowances	68553
CY2022Q1	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReturnsAndAllowances	68553
CY2023Q1	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	6196
CY2022Q1	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	54895
CY2023Q1	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	1103173
CY2022Q1	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	1194224
CY2022Q1	us-gaap	Deferred Tax Assets In Process Research And Development DeferredTaxAssetsInProcessResearchAndDevelopment	61701
CY2023Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1239623
CY2022Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1379373
CY2023Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	75947
CY2022Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	358958
CY2023	us-gaap	Defined Contribution Plan Employer Matching Contribution Percent DefinedContributionPlanEmployerMatchingContributionPercent	0.04
CY2023	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	45777
CY2022	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	43688
CY2023	uuu	Capitalization Finite Lived Intangible Assets Legal Expenses CapitalizationFiniteLivedIntangibleAssetsLegalExpenses	89434
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4470
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4474
CY2023Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	53661
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	49191
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	4472
CY2022Q1	us-gaap	Long Term Debt LongTermDebt	100000
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	120000

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0001410578-23-001476-index-headers.html	Edgar Link	pending
0001410578-23-001476-index.html	Edgar Link	pending
0001410578-23-001476.txt	Edgar Link	pending
0001410578-23-001476-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
uuu-20230331.xsd	Edgar Link	pending
uuu-20230331x10k.htm	Edgar Link	pending
uuu-20230331xex23d1.htm	Edgar Link	pending
uuu-20230331xex31d1.htm	Edgar Link	pending
uuu-20230331xex31d2.htm	Edgar Link	pending
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uuu-20230331xex99d1.htm	Edgar Link	pending
uuu-20230331xex99d1001.jpg	Edgar Link	pending
uuu-20230331_def.xml	Edgar Link	unprocessable
uuu-20230331_lab.xml	Edgar Link	unprocessable
uuu-20230331x10k_htm.xml	Edgar Link	completed
uuu-20230331_cal.xml	Edgar Link	unprocessable
uuu-20230331_pre.xml	Edgar Link	unprocessable

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$UUU
UNIVERSAL SECURITY INSTRUMENTS INC Stock $uuu

2023 Q3 Form 10-K Financial Statement

#000141057823001476 Filed on July 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$UUU UNIVERSAL SECURITY INSTRUMENTS INC Stock $uuu

2023 Q3 Form 10-K Financial Statement

#000141057823001476 Filed on July 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$UUU
UNIVERSAL SECURITY INSTRUMENTS INC Stock $uuu