Forward Industries Reports Q1 2025 Results
Ticker: FWDI · Form: 10-Q · Filed: May 14, 2025 · CIK: 38264
| Field | Detail |
|---|---|
| Company | Forward Industries, Inc. (FWDI) |
| Form Type | 10-Q |
| Filed Date | May 14, 2025 |
| Risk Level | medium |
| Sentiment | bearish |
Sentiment: bearish
Topics: 10-Q, financials, loss, liabilities
TL;DR
Forward Industries Q1 2025: $1.1M Rev, $0.1M Net Loss. Assets $4.5M, Liab $7.3M.
AI Summary
Forward Industries, Inc. filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $4.5 million and total liabilities of $7.3 million as of March 31, 2025. For the three months ended March 31, 2025, the company had revenues of $1.1 million and a net loss of $0.1 million.
Why It Matters
This filing provides a snapshot of Forward Industries' financial health and operational performance for the first quarter of 2025, which is crucial for investors to assess the company's current standing and future prospects.
Risk Assessment
Risk Level: medium — The company has more liabilities than assets and reported a net loss, indicating potential financial strain.
Key Numbers
- $4.5M — Total Assets (As of March 31, 2025)
- $7.3M — Total Liabilities (As of March 31, 2025)
- $1.1M — Revenues (For the three months ended March 31, 2025)
- $0.1M — Net Loss (For the three months ended March 31, 2025)
Key Players & Entities
- Forward Industries, Inc. (company) — Filer of the 10-Q
- March 31, 2025 (date) — End of reporting period
- $4.5 million (dollar_amount) — Total assets as of March 31, 2025
- $7.3 million (dollar_amount) — Total liabilities as of March 31, 2025
- $1.1 million (dollar_amount) — Revenues for the three months ended March 31, 2025
- $0.1 million (dollar_amount) — Net loss for the three months ended March 31, 2025
FAQ
What was Forward Industries' net income or loss for the three months ended March 31, 2025?
Forward Industries reported a net loss of $0.1 million for the three months ended March 31, 2025.
What were the total assets of Forward Industries as of March 31, 2025?
As of March 31, 2025, Forward Industries had total assets of $4.5 million.
What were the total liabilities of Forward Industries as of March 31, 2025?
As of March 31, 2025, Forward Industries had total liabilities of $7.3 million.
What were the revenues for the three months ended March 31, 2025?
Revenues for the three months ended March 31, 2025, were $1.1 million.
What is the company's fiscal year end?
Forward Industries' fiscal year ends on September 30.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 14, 2025 regarding Forward Industries, Inc. (FWDI).