Company: FWDI
Filing Date: 2025-09-16
Form Type: 8-K
Source: 0001683168-25-007036
Chunk: 78

Company: Forward Industries, Inc.
Filing Date: 2025-09-16
Form: 8-K
Item: Item 1
Chunk 78
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 continuing operations 
    $(0.82) 
    $(0.33)
  
    Diluted earnings per share from discontinued operations 
     0.18  
     0.01 
  
    Diluted loss per share 
    $(0.64) 
    $(0.32)

    Weighted average common shares outstanding: 

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

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

 F-30 

FORWARD INDUSTRIES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY

(UNAUDITED)

    For the Three Months Ended December 31, 2024 

    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  
     1,101,069  
    $11,011  
    $20,393,163  
    $(19,637,140) 
    $2,967,034 

    Share-based compensation 
     –  
     –  
     –  
     –  
     20,328  
     –  
     20,328 
  
    Net loss 
     –  
     –  
     –  
     –  
     –  
     (708,065) 
     (708,065)

    Balance at December 31, 2024 
     2,200  
    $2,200,000  
     1,101,069  
    $11,011  
    $20,413,491  
    $(20,345,205) 
    $2,279,297 

    For the Three Months Ended December 31, 2023 

    Series A-1 Convertible  

    Additional  

    Preferred Stock