earnings
confidence high
sentiment negative
materiality 0.80
Forward Q3 net loss $69M on digital asset charges; SOL holdings up to 7.55M
Forward Industries, Inc.
2026-Q3 EPS reported
-$10.02
revenue$45,176,076
- Revenue $10.8M, up >4x YoY from $2.5M, driven by staking and treasury revenue.
- Net loss $69.0M ($0.80/share) vs $0.85M loss YoY; $49.8M loss on digital assets, $15.2M impairment.
- SOL holdings +508,618 QoQ to 7,552,698; SOL/share up 9% QoQ to 0.0730 fully diluted.
- Repurchased 2,561,376 shares; issued 93,642 shares via ATM for $435,443 gross proceeds.
- Invested in OnRe; ONyc market cap up 73% to $247.4M; added to Russell 2000/3000 indexes.