Forward Industries, Inc. financial data

Symbol
FWDI on Nasdaq
Location
Hauppauge, NY
Fiscal year end
30 September
Latest financial report
10-K - Q3 2025 - 11 Dec 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 301% % 227%
Quick Ratio 4.5% % -65%
Debt-to-equity 2% % -100%
Return On Equity -45% % 51%
Return On Assets -44% % -249%
Operating Margin -46% % -329%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 86,459,465 shares 7752%
Common Stock, Shares, Outstanding 86,145,514 shares 7724%
Entity Public Float $3,300,000 USD -31%
Common Stock, Value, Issued $1,000,000 USD
Weighted Average Number of Shares Outstanding, Basic 6,791,173 shares 517%
Weighted Average Number of Shares Outstanding, Diluted 6,791,173 shares 517%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $18,187,525 USD -9%
Cost of Revenue $12,996,281 USD -12%
Selling and Marketing Expense $1,029,350 USD 34%
General and Administrative Expense $9,604,490 USD 51%
Operating Income (Loss) $8,392,420 USD -290%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $169,068,575 USD -7788%
Income Tax Expense (Benefit) $20,404 USD -11%
Net Income (Loss) Attributable to Parent $166,974,340 USD -8460%
Earnings Per Share, Basic -24.59 USD/shares -1289%
Earnings Per Share, Diluted -24.59 USD/shares -1289%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current $1,635,171 USD -29%
Inventory, Net $752,973 USD 86%
Assets, Current $41,221,956 USD 327%
Property, Plant and Equipment, Net $124,331 USD -43%
Operating Lease, Right-of-Use Asset $2,303,776 USD -11%
Intangible Assets, Net (Excluding Goodwill) $0 USD -100%
Goodwill $0 USD -100%
Other Assets, Noncurrent $806,137 USD 1073%
Assets $1,474,942,489 USD 9887%
Accounts Payable, Current $433,044 USD 318%
Accrued Liabilities, Current $624,000 USD 9.1%
Liabilities, Current $2,723,543 USD -71%
Operating Lease, Liability, Noncurrent $2,094,079 USD -14%
Liabilities $4,817,622 USD -59%
Retained Earnings (Accumulated Deficit) $186,611,480 USD -850%
Stockholders' Equity Attributable to Parent $1,470,124,867 USD 49449%
Liabilities and Equity $1,474,942,489 USD 9887%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $434,283 USD -362%
Net Cash Provided by (Used in) Financing Activities $0 USD
Net Cash Provided by (Used in) Investing Activities $5,418 USD 72%
Common Stock, Shares Authorized 300,000,000 shares 0%
Common Stock, Shares, Issued 86,145,514 shares 7724%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $38,166,973 USD 1274%
Interest Paid, Excluding Capitalized Interest, Operating Activities $11,967 USD -37%
Deferred Tax Assets, Valuation Allowance $45,643,000 USD 960%
Deferred Tax Assets, Gross $46,363,000 USD 815%
Operating Lease, Liability $2,545,000 USD -10%
Payments to Acquire Property, Plant, and Equipment $5,418 USD -72%
Lessee, Operating Lease, Liability, to be Paid $3,031,000 USD -12%
Property, Plant and Equipment, Gross $617,000 USD 0.82%
Operating Lease, Liability, Current $450,949 USD 12%
Lessee, Operating Lease, Liability, to be Paid, Year Two $465,000 USD -8.8%
Lessee, Operating Lease, Liability, to be Paid, Year One $587,000 USD 5.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.059 pure 1.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $486,000 USD -23%
Lessee, Operating Lease, Liability, to be Paid, Year Three $428,000 USD 2.1%
Deferred Tax Assets, Operating Loss Carryforwards $4,026,000 USD 12%
Lessee, Operating Lease, Liability, to be Paid, Year Four $440,000 USD 2.8%
Amortization of Intangible Assets $213,000 USD 0%
Depreciation, Depletion and Amortization $83,748 USD 3.1%
Interest Expense $49,143 USD -22%