Company: FWDI
Filing Date: 2025-12-11
Form Type: 10-K
Source: 0001683168-25-009068
Chunk: 1098

Company: Forward Industries, Inc.
Filing Date: 2025-12-11
Form: 10-K
Item: Item 9A
Chunk 1098
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950,587)

    Basic loss per share : 

    Basic loss per share from continuing operations 
    $(24.90) 
    $(1.97)
  
    Basic earnings per share from discontinued operations 
     0.31  
     0.20 
  
    Basic loss per share 
    $(24.59) 
    $(1.77)

    Diluted loss per share: 

    Diluted loss per share from continuing operations 
    $(24.90) 
    $(1.97)
  
    Diluted earnings per share from discontinued operations 
     0.31  
     0.20 
  
    Diluted loss per share 
    $(24.59) 
    $(1.77)

    Weighted average common shares outstanding: 

    Basic 
     6,791,173  
     1,101,069 
  
    Diluted 
     6,791,173  
     1,101,069 

The accompanying notes are an integral part of the consolidated financial statements.

 F-6 

FORWARD INDUSTRIES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY

    For the Fiscal Year Ended September 30, 2025 

    Series A-1 Convertible  
    Series B Convertible  

    Additional  

    Preferred Stock  
    Preferred Stock  
    Common Stock  
    Paid-In  
    Accumulated  

    Shares  
    Amount  
    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Total 

    Balance at September 30, 2024 
    2,200  
    $2,200,000  
    –  
    $–  
    1,101,069  
    $11,011  
    $20,393,163  
    $(19,637,140) 
    $2,967,034 

    Share-based compensation 
    –  
     –  
    –  
     –  
    50,000  
     500  
     2,871,256  
     –  
     2,871,756 
  
    Preferred stock issued in connection with conversion of accounts payable to Forward China 
    2,725