For the quarter ending 2026-03-31, FKWL had -$57,700 decrease in cash & cash equivalents over the period. $11,266 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -1,750,713 | 466,665 | 550,536 | -140,429 |
| Depreciation | 8,043 | 8,185 | 8,243 | 33,125 |
| Amortization of intangible assets | 87,018 | 173,899 | 198,296 | 827,091 |
| Loss from foreign currency transactions | -540,798 | -223,056 | -329,972 | 233,720 |
| Gain from trading a vehicle | 0 | 0 | - | - |
| Loss from provision for slow-moving inventory | -185 | 16,695 | - | - |
| Stock based compensation | 0 | 0 | 0 | 350,593 |
| Bad debt expense | - | - | - | 158,400 |
| Reserve for allowance slow moving inventories | - | - | - | 63,846 |
| (gain) from trading vehicle and loss from the disposal of property and equipment and intangible assets | - | - | - | 3,563 |
| Recovery of litigation settlement | 0 | - | - | - |
| Recovery of litigation settlement with an officer | - | - | - | 1,000,000 |
| Forgiveness of debt | 0 | 397,164 | 15,650 | 247,592 |
| Net change of right use assets and lease liabilities | - | - | -6,018 | 349 |
| Net change of right of use assets and lease liabilities | 18,596 | -12,035 | - | - |
| Deferred tax provision | 0 | 0 | 0 | -79,703 |
| Accounts receivable | -7,624,842 | 3,596,720 | 5,487,322 | 311,767 |
| Inventories | 5,846,058 | 1,139,134 | -1,358,115 | 993,069 |
| Other current assets | -15,713 | 230,899 | -15,387 | 34,349 |
| Advance payments to vendors | 8,110 | -51,667 | 56,180 | -18,121 |
| Other assets | - | - | - | 0 |
| Accounts payable | -841,350 | 605,514 | 1,521,184 | 855,382 |
| Contract liabilities and advance from customers | -7,065 | 5,433 | -9,380 | -33,471 |
| Accrued legal contingency expense | - | - | - | 0 |
| Income tax payable | - | - | 30,870 | - |
| Accrued liabilities | 169,726 | -236,090 | 73,039 | 2,615,116 |
| Net cash used in operating activities | 11,255 | -4,085,780 | -1,488,908 | 1,844,360 |
| Contribution to a subsidiary by an ems partner | - | - | - | 2,000,000 |
| Sales (purchases) of short-term investments | -113,074 | -831,299 | -197,386 | 437,774 |
| Cash proceeds from sales of a vehicle | 0 | 0 | - | 10,500 |
| Purchases of property and equipment | -11 | 6,024 | 904 | 32,765 |
| Payments for capitalized product development costs and intangible assets | 165,174 | 263,613 | 53,167 | 533,563 |
| Contribution to a subsidiary by a joint venturer | 0 | - | - | - |
| Net cash provided by investing activities | -52,089 | 561,662 | 143,315 | 1,006,398 |
| Repayment received from the employee loan | - | - | - | 0 |
| Payment to repurchase stock option from an officer | - | - | - | 408,663 |
| Dividend declared and paid | 0 | 471,371 | - | - |
| Net cash used in financing activities | 0 | -471,371 | - | -408,663 |
| Effect of foreign currency translation | -16,866 | -21,778 | -15,456 | 32,522 |
| Net (decrease) increase in cash and cash equivalents | -57,700 | -4,017,267 | -1,361,049 | 2,474,617 |
| Cash and cash equivalents, beginning of period | 9,362,857 | 13,380,124 | 14,741,173 | 12,266,556 |
| Cash and cash equivalents, end of period | 9,305,157 | 9,362,857 | 13,380,124 | 14,741,173 |