{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-000984","form_type":"8-K","ticker":"FWDI","cik":"0000038264","company_name":"Forward Industries, Inc.","filed_at":"2024-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.603112+00:00","generated_at":"2026-06-06T02:45:38.456606+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Forward Industries Q1 revenue drops 26.7% to $7.2M; net loss flat at $0.4M","bullets":["Revenue declined 26.7% YoY to $7.2M from $9.8M.","Gross margin improved to 23.0% from 20.2% in the prior year.","Loss from continuing operations widened to $0.4M from $0.1M.","Basic and diluted loss per share was $0.04 vs $0.01 a year ago.","Cash balance fell 5% to $3.0M from $3.2M at September 30, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-000984","json":"https://secwatch.observer/filing/0001683168-24-000984.json","markdown":"https://secwatch.observer/filing/0001683168-24-000984.md","text":"https://secwatch.observer/filing/0001683168-24-000984.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38264/000168316824000984/0001683168-24-000984-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38264/000168316824000984/forward_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T02:45:38.456606+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":"ed1f102ecac901ed6459bdb101d9b5f04917a5c7","claim":"Forward Industries, Inc. reported first quarter ended December 31, 2023 results: revenue $7.2 million, net income net loss was $0.4 million, EPS $0.04.","evidence_excerpt":"and distribution group, today announced financial results for its first quarter ended December 31, 2023. First Quarter Fiscal Year 2024 Financial Highlights · Revenues were $7.2 million, a decrease of 26.7% from $9.8 million for 2023. · Gross margin increased to 23.0% compared to 20.2% for 2023. · Loss from continuing operations was $0.4 million compared to $0.1","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/38264/000168316824000984/0001683168-24-000984-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended December 31, 2023"},{"label":"Revenue","value":"$7.2 million"},{"label":"Net income","value":"net loss was $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"}