{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-008908","form_type":"8-K","ticker":"FWDI","cik":"0000038264","company_name":"Forward Industries, Inc.","filed_at":"2024-12-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.740419+00:00","generated_at":"2026-05-28T23:55:23.078605+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Largest customer discontinues patch pump program, cutting ~25% of Forward Industries' revenue","bullets":["Customer terminated all services related to patch pump program; revenue from this customer was 25.2% of FY2024 consolidated revenue.","Company expects a material decrease in revenues beginning in Q2 fiscal 2025.","Company is undertaking cost reduction efforts, including a reduction in workforce.","Formal notice received on December 9, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-008908","json":"https://secwatch.observer/filing/0001683168-24-008908.json","markdown":"https://secwatch.observer/filing/0001683168-24-008908.md","text":"https://secwatch.observer/filing/0001683168-24-008908.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38264/000168316824008908/0001683168-24-008908-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38264/000168316824008908/forward_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T23:55:23.078605+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}