{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-003268","form_type":"8-K","ticker":"FWDI","cik":"0000038264","company_name":"Forward Industries, Inc.","filed_at":"2023-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.834679+00:00","generated_at":"2026-06-15T02:59:53.471563+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 Q2 FY2023: Revenue $10.7M (+3.9%), operating loss widens to $0.8M, EPS -$0.09","bullets":["Revenue $10.7M, up 3.9% from $10.3M in Q2 FY2022.","Gross margin dropped to 14.2% from 21.8% year-over-year.","Operating loss of $0.8M compared to a $0.3M loss in prior-year quarter.","Basic and diluted loss per share $0.09, worsening from $0.04 loss a year ago.","CEO cites sustained momentum in design division but poor retail/OEM segment performance."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-003268","json":"https://secwatch.observer/filing/0001683168-23-003268.json","markdown":"https://secwatch.observer/filing/0001683168-23-003268.md","text":"https://secwatch.observer/filing/0001683168-23-003268.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38264/000168316823003268/0001683168-23-003268-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38264/000168316823003268/forward_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T02:59:53.471563+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":"5a84bfd98f8bbfb8c0674ed261e5f8924f2080b4","claim":"Forward Industries, Inc. reported the second quarter ended March 31, 2023 results: revenue $10.7 million, EPS $0.09.","evidence_excerpt":"and distribution group, today announced financial results for its second quarter ended March 31, 2023. Second Quarter Fiscal Year 2023 Financial Highlights · Revenues were $10.7 million, an increase of 3.9% from $10.3 million for the second quarter of fiscal year 2022. · Gross margin declined to 14.2% compared to 21.8% for the second quarter of fiscal year 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/38264/000168316823003268/0001683168-23-003268-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended March 31, 2023"},{"label":"Revenue","value":"$10.7 million"},{"label":"EPS","value":"$0.09"},{"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"}