FRANKLIN WIRELESS CORP (FKWL)
2025-03-31 | 2024-12-31 | 2024-09-30 | ||
|---|---|---|---|---|
| Net sales | 8,009,619 | 17,827,098 | 13,322,912 | |
| Cost of goods sold | 6,655,739 | 14,585,036 | 11,251,410 | |
| Gross profit | 1,353,880 | 3,242,062 | 2,071,502 | |
| Selling, general and administrative | 2,526,220 | 1,519,593 | 1,419,973 | |
| Research and development | 794,213 | 927,238 | 1,024,312 | |
| Total operating expenses | 3,320,433 | 2,446,831 | 2,444,285 | |
| Loss from operations | -1,966,553 | 795,231 | -372,783 | |
| Gain from the forgiveness of accrued liabilities | - | - | 247,592 | |
| Interest income | - | 173,048 | - | |
| Other income, net | 107,118 | 124,541 | 187,976 | |
| Litigation settlement income | -1,000,000 | - | - | |
| Interest income | 184,254 | - | 181,804 | |
| Gain (loss) from foreign currency transactions | 40,067 | -1,008,538 | 451,947 | |
| Total other income (loss), net | 1,331,439 | -710,949 | 1,069,319 | |
| (loss) income before provision (benefit) for income taxes | -635,114 | 84,282 | 696,536 | |
| Income tax provision (benefit) | 2,592 | 167,727 | 47,880 | |
| Net loss | -637,706 | -83,445 | 648,656 | |
| Less noncontrolling interests in net loss of subsidiary at 33.7 | -5,215 | -308,804 | 133,469 | |
| Less noncontrolling interests in net income of subsidiary at 40.0 | 12,295 | -3,381 | - | |
| Net (loss) income attributable to parent company | -644,786 | 228,740 | 515,187 | |
| Basic eps | -0.05 | 0.02 | 0.04 | |
| Diluted eps | -0.05 | 0.02 | 0.04 | |
| Basic average shares | 11,784,280 | 11,784,280 | 11,784,280 | |
| Diluted average shares | 11,784,280 | 11,838,850 | 11,807,962 | |