{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-000886","form_type":"8-K","ticker":"FWDI","cik":"0000038264","company_name":"Forward Industries, Inc.","filed_at":"2023-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.649215+00:00","generated_at":"2026-06-19T14:47:14.138640+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Forward Industries Q1 revenue falls 6.9% to $10.8M; swings to net loss $0.4M","bullets":["Revenue $10.8M, down 6.9% YoY from $11.6M.","Gross margin 17.7% vs 22.5% a year ago.","Operating loss $0.5M vs income $0.2M; net loss $0.4M vs income $0.2M.","Diluted EPS $(0.04) vs $0.02 in prior year.","Cash $2.3M at Dec 31, 2022, down from $2.6M at Sep 30, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-000886","json":"https://secwatch.observer/filing/0001683168-23-000886.json","markdown":"https://secwatch.observer/filing/0001683168-23-000886.md","text":"https://secwatch.observer/filing/0001683168-23-000886.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38264/000168316823000886/0001683168-23-000886-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38264/000168316823000886/forward_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T14:47:14.138640+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"102a299ef39df1bdd53859f09d053dc50f974268","claim":"Forward Industries, Inc. reported first quarter ended December 31, 2022 results: revenue $10.8 million, net income net loss of $0.4 million, EPS $(0.04).","evidence_excerpt":"and distribution group, today announced financial results for its first quarter ended December 31, 2022. First Quarter Fiscal Year 2023 Financial Highlights · Revenues were $10.8 million, a decrease of 6.9% from $11.6 million for the first quarter of fiscal year 2022. · Gross margin declined to 17.7% compared to 22.5% for the first quarter of fiscal year 2022. ·","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/38264/000168316823000886/0001683168-23-000886-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended December 31, 2022"},{"label":"Revenue","value":"$10.8 million"},{"label":"Net income","value":"net loss of $0.4 million"},{"label":"EPS","value":"$(0.04)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}