Forward Industries, Inc. (FWDI)

NASDAQ: FWDI · Real-Time Price · USD

5.89

-0.77 (-11.56%)

At close: Aug 28, 2026, 4:00 PM EDT

5.99

+0.10 (1.70%)

After-hours: Aug 28, 2026, 7:52 PM EDT

Forward Industries Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	10.97	38.17	2.78	3.18	2.58	1.41
Cash & Short-Term Investments	13.28	38.17	2.78	3.18	2.58	1.41
Cash Growth	951.54%	1274.33%	-12.68%	23.49%	82.61%	-51.78%
Receivables	2.39	2.7	3.58	6.97	7.54	8.76
Inventory	-	-	-	0.33	0.67	2.38
Prepaid Expenses	1.38	0.36	0.38	0.38	0.4	0.24
Other Current Assets	5.06	-	2.91	0.51	3.15	-
Total Current Assets	22.12	41.22	9.65	11.37	14.34	12.79
Property, Plant & Equipment	0.87	2.43	2.81	3.3	3.67	3.91
Long-Term Investments	1.9	-	-	-	-	-
Goodwill	-	-	1.56	1.76	1.76	1.76
Other Intangible Assets	-	-	0.68	0.89	1.11	1.32
Other Long-Term Assets	577.64	1,431	0.07	0.07	0.07	0.07
Total Assets	602.53	1,475	14.77	17.39	20.94	19.86

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Accounts Payable	0.84	0.43	0.1	0.52	0.27	0.39
Accrued Expenses	0.85	0.54	0.39	1.16	8.66	6.1
Short-Term Debt	117.52	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	0.6	-	-	-
Current Portion of Leases	0.44	0.45	0.4	0.42	0.38	0.34
Current Unearned Revenue	0.5	0.29	0.4	0.3	0.44	0.19
Other Current Liabilities	7.62	1.01	7.48	8.45	0.23	0.19
Total Current Liabilities	127.77	2.72	9.37	10.84	9.98	7.21
Long-Term Debt	-	-	-	1.1	1.4	1.6
Long-Term Leases	0.55	2.09	2.43	2.83	3.25	3.56
Other Long-Term Liabilities	-	-	-	-	0.05	0.05
Total Liabilities	128.32	4.82	11.8	14.77	14.67	12.41

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Common Stock	0.87	0.86	0.01	0.01	0.1	0.1
Additional Paid-In Capital	1,668	1,656	20.39	20.29	20.12	19.91
Retained Earnings	-1,124	-186.61	-19.64	-17.69	-13.95	-12.57
Comprehensive Income & Other	-	-	2.2	-	-	-
Shareholders' Equity	474.21	1,470	2.97	2.62	6.27	7.44
Total Liabilities & Equity	602.53	1,475	14.77	17.39	20.94	19.86

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Total Debt	118.51	2.55	3.43	4.35	5.03	5.5
Net Cash (Debt)	-105.22	35.62	-0.66	-1.17	-2.45	-4.09
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.38	5.25	-0.60	-1.06	-2.40	-3.92
Filing Date Shares Outstanding	73.85	86.46	1.1	1.01	1.01	1.01
Total Common Shares Outstanding	73.85	86.15	1.1	1.01	1.01	1.01
Working Capital	-105.65	38.5	0.28	0.53	4.36	5.59
Book Value Per Share	6.42	17.07	2.69	2.60	6.23	7.40
Tangible Book Value	474.21	1,470	0.73	-0.04	3.4	4.37
Tangible Book Value Per Share	6.42	17.07	0.66	-0.04	3.38	4.34
Machinery	-	0.62	0.61	0.74	0.61	0.69