For the quarter ending 2025-06-30, FORD had -$1,513,963 decrease in cash & cash equivalents over the period. -$2,225,107 in free cash flow.
| Cash Flow | 2025-06-30 |
|---|---|
| Share-based compensation | 85,794 |
| Credit loss expense | 29,073 |
| Net loss | -3,009,698 |
| Prepaid expenses and other current assets | 704 |
| Net changes in operating lease liabilities | 2,674 |
| Deferred income | -89,463 |
| Contract assets | -548,088 |
| Accrued expenses and other current liabilities | -260,655 |
| Accounts receivable | -1,085,858 |
| Accounts payable | 105,230 |
| Goodwill impairment | 225,000 |
| Depreciation and amortization | 249,515 |
| Gain on sale of oem segment | 1,405,972 |
| Gain on change in fair value of warrant liability | 160,223 |
| Net cash used in operating activities-continuing operations | -2,595,483 |
| Net cash provided by operating activities-discontinued operations | 396,153 |
| Net cash (used in) / provided by operating activities | -2,199,330 |
| Purchases of property and equipment | 25,777 |
| Cash paid for sale of oem segment | 200,000 |
| Net cash used in investing activities | -225,777 |
| Repayment of note payable to forward china (related party) | 0 |
| Proceeds from issuance of preferred stock and warrants, net of related issuance costs | 970,946 |
| Deferred financing cost associated with equity line of credit | 59,802 |
| Net cash provided by/(used in) financing activities | 911,144 |
| Net decrease in cash | -1,513,963 |
Forward Industries, Inc. (FORD)
Forward Industries, Inc. (FORD)