Company: FWDI
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001683168-25-006141
Chunk: 3

Company: Forward Industries, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 3
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 –  
     (160,223) 
     – 
  
    Other (income)/expense, net 
     (340) 
     1,218  
     4,594  
     8,376 
  
    Loss from continuing operations before income taxes 
     (2,404,353) 
     (454,699) 
     (5,124,337) 
     (1,447,085)

    Provision for income taxes 
     –  
     –  
     –  
     – 
  
    Loss from continuing operations 
     (2,404,353) 
     (454,699) 
     (5,124,337) 
     (1,447,085)
  
    Income from discontinued operations, net of tax 
     1,554,331  
     55,114  
     2,114,639  
     140,066 
  
    Net loss 
     (850,022) 
     (399,585) 
     (3,009,698) 
     (1,307,019)
  
    Deemed dividend on Series B Convertible Preferred Stock 
     (10,278)  
     –  
     (10,278) 
     – 
  
    Net loss attributable to common shareholders 
    $(860,300) 
    $(399,585) 
    $(3,019,976) 
    $(1,307,019)

    Basic (loss)/earnings per share : 

    Basic loss per share from continuing operations 
    $(2.17) 
    $(0.41) 
    $(4.65) 
    $(1.31)
  
    Basic earnings per share from discontinued operations 
     1.40  
     0.05  
     1.92  
     0.12 
  
    Basic loss per share 
    $(0.77) 
    $(0.36) 
    $(2.73) 
    $(1.19)

    Diluted (loss)/earnings per share: 

    Diluted loss per share from continuing operations 
    $(2.17) 
    $(0.41) 
    $(4.65) 
    $(1.31)
  
    Diluted earnings per share from discontinued operations 
     1