Going-concern and liquidity shortfall
Cash reserves were described as insufficient to remain operational, and losses continue.
- Scope
- Development-stage operations with limited capital
- Materiality
- high
Made In Usa Inc.
MADE IN USA INC. is a U.S.-incorporated development-stage software company that monetizes music-recognition technology through mobile app functionality and API package sales. Its reported business centers on identifying songs from short audio samples and licensing that capability to third-party applications through a website-based API offering.
100,0 %
−79,9 %
−1,9 %
2.01
| % | |
|---|---|
| Music-recognition application | 35% Consumer-facing mobile app that identifies songs from microphone-recorded samples. |
| API packages | 55% Licensed music-recognition functionality sold to other apps and developers. |
| Proprietary audio database | 5% Neural-network-based track matching database supporting recognition accuracy and scale. |
| Platform enhancements and localization | 5% Ongoing product development, new features, and regional language adaptation. |
The company appears to sell primarily to developers and application operators that need embedded music-recognition...
- API customers / developersprimary
Buy API packages to embed music-recognition and listening features into their own applications.
- Mobile app userssecondary
Use the Alixo app to identify songs from short audio samples and discover tracks.
- Platform partnerssecondary
Potential partners that expand distribution, traffic, and use cases through integrations.
- International usersemerging
Users in localized markets targeted by language adaptation and regional product rollout.
The company is incorporated in Nevada, but its operational office and directors are located in Aktau, Kazakhstan,...
- •Incorporated in Nevada, United States
- •Operational office and directors located in Aktau, Kazakhstan
- •Website-based API sales can be served internationally
- •Management is pursuing global expansion and localization
- •No disclosed country revenue split in the provided filings
Management is focused on growing API package revenue while improving the Alixo app with new features and a better user...
01
Expand API package salesshort-term
API licensing is the clearest revenue engine and scales better than a standalone app.
02
Improve product functionalitymedium-term
New features can increase retention, usage frequency, and competitive relevance.
03
Global localization and market expansionmedium-term
Language and regional adaptation can widen the addressable user base.
04
Partnerships and acquisitionslong-term
External deals may accelerate distribution, technology depth, and feature breadth.
The company is a development-stage business with limited operating history, small cash reserves, and explicit...
Revenue concentration in API packages
The company reports selling API packages as its main revenue source, so demand swings directly affect results.
- Scope
- Single-product monetization
- Materiality
- high
Competitive and technology obsolescence risk
Music-recognition software is a fast-moving niche where larger platforms can outspend on product and distribution.
- Scope
- App and API functionality
- Materiality
- medium
Regulatory and privacy compliance
The business handles user data and audio inputs and may operate in multiple jurisdictions.
- Scope
- Data privacy, app distribution, and local compliance
- Materiality
- medium
Intellectual property protection
The company states it has not obtained copyrights, patents, or trademarks, limiting defensibility.
- Scope
- Technology and brand assets
- Materiality
- medium
Revenue recognition for API packages
Can shift revenue between periods and affect quarterly comparability
Deferred revenue
Affects liabilities and near-term revenue visibility
Use of estimates
Can materially affect assets, liabilities, and expenses
Intangible assets and impairment
May affect asset values and future expense recognition
Related-party liabilities
Affects leverage, liquidity, and financing analysis
: 28.4.2026