For the quarter ending 2025-12-31, FWDI made $21,435,250 in revenue. -$585,651,086 in net income. Net profit margin of -2732.19%.
| Income Statement | 2025-12-31 | 2025-09-30 | ||
|---|---|---|---|---|
| Revenues, net | 21,435,250 | 4,546,881.25 | ||
| Cost of sales | 4,585,637 | 3,249,070.25 | ||
| Gross profit | 16,849,613 | 1,297,811 | ||
| Sales and marketing expenses | 535,363 | 257,337.5 | ||
| General and administrative expenses | 3,252,629 | 2,401,122.5 | ||
| General and administrative expenses - related party | 3,444,643 | - | ||
| Loss on digital assets | -560,212,231 | - | ||
| Related party expenses | - | 230,878.25 | ||
| Impairment of digital assets | 33,044,322 | - | ||
| Goodwill impairment | 0 | 506,577.75 | ||
| Operating loss | -583,639,575 | -2,098,105 | ||
| Loss on change in fair value of digital assets | - | -40,008,776.25 | ||
| Loss on change in fair value of warrant liability | - | -164,583 | ||
| Interest income | 196,915 | 17,667.25 | ||
| Interest income - related party | 479,600 | - | ||
| Interest expense - related party | 0 | 12,285.75 | ||
| Other expense, net | -238 | -1,061 | ||
| Loss from continuing operations before income taxes | -582,963,298 | -42,267,143.75 | ||
| Provision for income taxes | 2,687,788 | 5,101 | ||
| Loss from continuing operations | -585,651,086 | -42,272,244.75 | ||
| Income from discontinued operations, net of tax | 0 | 528,659.75 | ||
| Net loss | -585,651,086 | -41,743,585 | ||
| Deemed dividend on series b convertible preferred stock | - | 7,361 | ||
| Net loss attributable to common shareholders | - | -41,750,946 | ||
| Basic | 99,099,267 | 1,697,793.25 | ||
| Basic loss per share | -5.91 | -6.148 | ||
| Diluted | 99,099,267 | 1,697,793.25 | ||
| Diluted loss per share | -5.91 | -6.148 | ||
Forward Industries, Inc. (FWDI)
Forward Industries, Inc. (FWDI)