Company: FWDI
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001683168-25-003548
Chunk: 3

Company: Forward Industries, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Item 1
Chunk 3
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) 
    $(2,159,676) 
    $(907,434)

    Basic (loss)/earnings per share : 

    Basic loss per share from continuing operations 
    $(1.65) 
    $(0.57) 
    $(2.47) 
    $(0.90)
  
    Basic earnings per share from discontinued operations 
     0.33  
     0.07  
     0.51  
     0.08 
  
    Basic loss per share 
    $(1.32) 
    $(0.50) 
    $(1.96) 
    $(0.82)

    Diluted (loss)/earnings per share: 

    Diluted loss per share from continuing operations 
    $(1.65) 
    $(0.57) 
    $(2.47) 
    $(0.90)
  
    Diluted earnings per share from discontinued operations 
     0.33  
     0.07  
     0.51  
     0.08 
  
    Diluted loss per share 
    $(1.32) 
    $(0.50) 
    $(1.96) 
    $(0.82)

    Weighted average common shares outstanding: 

    Basic 
     1,101,069  
     1,101,069  
     1,101,069  
     1,101,069 
  
    Diluted 
     1,101,069  
     1,101,069  
     1,101,069  
     1,101,069 

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

 4 

FORWARD INDUSTRIES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY

(UNAUDITED)

    For the Six Months Ended March 31, 2025 

    Series A-1 Convertible  

    Additional  

    Preferred Stock  
    Common Stock  
    Paid-In  
    Accumulated  

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Total 
  
    Balance at September 30, 2024 
     2,200  
    $2,200,000