| Income Statement | 2025-09-30 | |||
|---|---|---|---|---|
| Revenues, net | 18,187,525 | |||
| Cost of sales | 12,996,281 | |||
| Gross profit | 5,191,244 | |||
| Sales and marketing expenses | 1,029,350 | |||
| General and administrative expenses | 9,604,490 | |||
| Related party expenses | 923,513 | |||
| Goodwill and intangible asset impairment | 2,026,311 | |||
| Operating loss | -8,392,420 | |||
| Loss on change in fair value of digital assets | -160,035,105 | |||
| Loss on change in fair value of warrant liability | -658,332 | |||
| Interest income | 70,669 | |||
| Interest expense - related party | 49,143 | |||
| Other expense, net | -4,244 | |||
| Loss from continuing operations before income taxes | -169,068,575 | |||
| Provision for income taxes | 20,404 | |||
| Loss from continuing operations | -169,088,979 | |||
| Income from discontinued operations, net of tax | 2,114,639 | |||
| Net loss | -166,974,340 | |||
| Deemed dividend on series b convertible preferred stock | 29,444 | |||
| Net loss attributable to common shareholders | -167,003,784 | |||
| Basic | 6,791,173 | |||
| Basic loss per share | -24.59 | |||
| Diluted | 6,791,173 | |||
| Diluted loss per share | -24.59 | |||
Forward Industries, Inc. (FWDI)
Forward Industries, Inc. (FWDI)