{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-009073","form_type":"8-K","ticker":"FWDI","cik":"0000038264","company_name":"Forward Industries, Inc.","filed_at":"2025-12-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.770577+00:00","generated_at":"2026-05-16T13:34:55.123619+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Forward Industries FY2025 net loss $167M on $160M non-cash SOL impairment","bullets":["Net revenue $18.2M (-9% YoY); operating expenses $13.6M (vs $7.3M prior year).","Net loss $167.0M, driven by $160.0M non-cash unrealized loss on SOL mark-to-market.","Generated ~$4.6M staking revenue in Q4; company expects segment to scale.","Cash flow and yield generation unaffected by non-cash SOL fair value adjustments."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-009073","json":"https://secwatch.observer/filing/0001683168-25-009073.json","markdown":"https://secwatch.observer/filing/0001683168-25-009073.md","text":"https://secwatch.observer/filing/0001683168-25-009073.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38264/000168316825009073/0001683168-25-009073-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38264/000168316825009073/forward_i8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:34:55.123619+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"}