| Income Statement | 2025-09-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Net sales | 12,744,960 | 8,009,619 | 17,827,098 | 13,322,912 |
| Cost of goods sold | 9,835,190 | 6,655,739 | 14,585,036 | 11,251,410 |
| Gross profit | 2,909,770 | 1,353,880 | 3,242,062 | 2,071,502 |
| Selling, general and administrative | 1,369,638 | 2,526,220 | 1,519,593 | 1,419,973 |
| Research and development | 949,752 | 794,213 | 927,238 | 1,024,312 |
| Total operating expenses | 2,319,390 | 3,320,433 | 2,446,831 | 2,444,285 |
| Gain from the forgiveness of accrued liabilities | - | - | - | 247,592 |
| Litigation settlement income | - | -1,000,000 | - | - |
| Income (loss) from operations | 590,380 | -1,966,553 | 795,231 | -372,783 |
| Interest income | 151,626 | 184,254 | - | 181,804 |
| Gain from the forgiveness of accrued liabilities | 15,650 | - | - | - |
| (loss) gain from foreign currency transactions | -290,870 | 40,067 | -1,008,538 | 451,947 |
| Interest income | - | - | 173,048 | - |
| Other income, net | 126,398 | 107,118 | 124,541 | 187,976 |
| Total other income, net | 2,804 | 1,331,439 | -710,949 | 1,069,319 |
| Income before provision for income taxes | 593,184 | -635,114 | 84,282 | 696,536 |
| Income tax provision | 42,648 | 2,592 | 167,727 | 47,880 |
| Net income | 550,536 | -637,706 | -83,445 | 648,656 |
| Less noncontrolling interests in net (loss) income of subsidiary at 33.7 | -105,164 | -5,215 | -308,804 | 133,469 |
| Less noncontrolling interests in net income of subsidiary at 40.0 | 15,222 | 12,295 | -3,381 | - |
| Net income attributable to parent company | 640,478 | -644,786 | 228,740 | 515,187 |
| Earnings per share attributable to parent company stockholders - basic | 0.05 | -0.05 | 0.02 | 0.04 |
| Earnings per share attributable to parent company stockholders - diluted | 0.05 | -0.05 | 0.02 | 0.04 |
| Weighted average common shares outstanding - basic | 11,784,280 | 11,784,280 | 11,784,280 | 11,784,280 |
| Weighted average common shares outstanding - diluted | 11,803,465 | 11,784,280 | 11,838,850 | 11,807,962 |
FRANKLIN WIRELESS CORP (FKWL)
FRANKLIN WIRELESS CORP (FKWL)