Company: FWDI
Filing Date: 2025-12-11
Form Type: 10-K
Source: 0001683168-25-009068
Chunk: 805

Company: Forward Industries, Inc.
Filing Date: 2025-12-11
Form: 10-K
Item: Item 6
Chunk 805
---
 5,191,244  
     5,183,716 

    Sales and marketing expenses 
     1,029,350  
     769,370 
  
    General and administrative expenses 
     9,604,490  
     6,365,464 
  
    Related party expenses 
     923,513  
     – 
  
    Goodwill and intangible asset impairment 
     2,026,311  
     200,000 

    Operating loss 
     (8,392,420) 
     (2,151,118)

    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) 
     (78,863)
  
    Interest expense - related party 
     49,143  
     62,662 
  
    Other expense, net 
     4,244  
     8,315 
  
    Loss from continuing operations before income taxes 
     (169,068,575) 
     (2,143,232)

    Provision for income taxes 
     20,404  
     22,947 
  
    Loss from continuing operations 
     (169,088,979) 
     (2,166,179)
  
    Income from discontinued operations, net of tax 
     2,114,639  
     215,592 
  
    Net loss 
     (166,974,340) 
     (1,950,587)
  
    Deemed dividend on Series B Convertible Preferred Stock 
     (29,444) 
     – 
  
    Net loss attributable to common shareholders 
    $(167,003,784) 
    $(1,950,587)

    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) 
    $(