secwatch.observer — SEC 8-K summary
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Issuer:     Forward Industries, Inc. (FWDI)
CIK:        0000038264
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0001683168-23-000886
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forward Industries Q1 revenue falls 6.9% to $10.8M; swings to net loss $0.4M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/38264/000168316823000886/0001683168-23-000886-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/38264/000168316823000886/forward_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-000886

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer