# Forward Industries, Inc. (FWDI)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/forward-industries-inc/ JSON: https://steadybase.io/company/forward-industries-inc.json Checked Nov 10, 2026. Latest filing read: Aug 12, 2026.

## Company

- Legal name: Forward Industries, Inc.
- Ticker: FWDI (Nasdaq)
- SEC CIK: 0000038264
- Industry: Finance Services (SIC 6199)
- Headquarters: Austin, TX
- Fiscal year ends: September 30
- SEC filer category: Non-accelerated filer<br>Smaller reporting company
- Website: forwardindustries.com
- Investor relations: https://forwardindustries.com/investors
- LinkedIn: https://www.linkedin.com/company/forwardindustries
- Next earnings date: Dec 10, 2026

## Key facts

- Revenue: $18.2M for the fiscal year ended Sep 30, 2025 (10-K filed Dec 11, 2025). Source: https://www.sec.gov/Archives/edgar/data/38264/000168316825009068/0001683168-25-009068-index.html
- Operating income: -$8.4M for the fiscal year ended Sep 30, 2025 (10-K filed Dec 11, 2025). Source: https://www.sec.gov/Archives/edgar/data/38264/000168316825009068/0001683168-25-009068-index.html
- Net income: -$167.0M for the fiscal year ended Sep 30, 2025 (10-K filed Dec 11, 2025). Source: https://www.sec.gov/Archives/edgar/data/38264/000168316825009068/0001683168-25-009068-index.html
- SG&A: $10.6M for the fiscal year ended Sep 30, 2025 (10-K filed Dec 11, 2025). Source: https://www.sec.gov/Archives/edgar/data/38264/000168316825009068/0001683168-25-009068-index.html
- Employees: 60 as of Sep 30, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316825009068/forward_i10k-093025.htm
- Shares outstanding: 73,846,883 as of Aug 3, 2026 (10-Q filed Aug 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/38264/000168316826006270/0001683168-26-006270-index.html
- Auditor: Cbiz Cpas P.C., Melville, New York, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316825009068/forward_i10k-093025.htm

## Business

Our design business provides a complete range of design, engineering and development services with respect to a diverse array of consumer and industrial electronics products. These include but are not limited to medical products, smart displays, beverage vending, enterprise and mobile software applications, lighting, security and detections systems, cameras, wearables and vehicle controls.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/38264/000168316825009068/forward_i10k-093025.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Sep 30, 2025 | $18.2M | -$8.4M | -$167.0M | $10.6M |
| Sep 30, 2024 | $20.0M | -$2.2M | -$2.0M | $7.1M |
| Sep 30, 2023 | $22.7M | -$61,129 | -$3.7M | $7.2M |
| Sep 30, 2022 | $38.2M | $588,470 | -$1.4M | $8.2M |
| Sep 30, 2021 | $39.0M | -$764,999 | $523,805 | $8.9M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/forward-industries-inc.json

## Officers and directors

- Michael D. Pruitt, Chief Executive Officer. Source: Form 4 filed May 19, 2026, https://www.sec.gov/Archives/edgar/data/38264/000168316826004115/0001683168-26-004115-index.htm
- Mark Christopher Brazier, Chief Financial Officer. Source: Form 4 filed Aug 17, 2026, https://www.sec.gov/Archives/edgar/data/38264/000168316826006538/0001683168-26-006538-index.htm
- Kathleen Weisberg, Chief Financial Officer. Source: Form 4 filed Mar 10, 2026, https://www.sec.gov/Archives/edgar/data/38264/000168316826001645/0001683168-26-001645-index.htm
- Georgia P. Quinn, General Counsel. LinkedIn: https://linkedin.com/in/georgia-quinn-287bb733. Source: Form 4 filed Aug 17, 2026, https://www.sec.gov/Archives/edgar/data/38264/000168316826006530/0001683168-26-006530-index.htm
- Ryan David Navi, Chief Investment Officer. Source: Form 4 filed Aug 17, 2026, https://www.sec.gov/Archives/edgar/data/38264/000168316826006540/0001683168-26-006540-index.htm

## Recent 8-K events

- Oct 1, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316826007543/forward_8k.htm
- Sep 24, 2026: Item 1.01, Entry into a material definitive agreement; Item 7.01, Regulation FD disclosure; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316826007389/forward_8k.htm
- Sep 15, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316826007172/forward_8k.htm
- Aug 12, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316826006277/forward_8k.htm
- Jul 20, 2026: Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316826005625/forward_8k.htm
- Jun 16, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316826004852/forward_8k.htm
- Jun 16, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316826004847/forward_8k.htm
- Jun 10, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316826004672/forward_8k.htm
- Apr 17, 2026: Item 3.02, Unregistered sales of equity securities; Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316826003049/forward_8k.htm
- Apr 8, 2026: Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316826002749/forward_8k.htm

## Insider trades (Form 4)

- May 19, 2026: Michael D. Pruitt (Chief Executive Officer) bought 500 shares, about $2,080. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316826004115/0001683168-26-004115-index.htm
- Dec 19, 2025: Ryan David Navi (Chief Investment Officer) bought 10,000 shares, about $70,800. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316825009302/0001683168-25-009302-index.htm
- Dec 15, 2025: Michael D. Pruitt (Chief Executive Officer) bought 1,000 shares, about $7,440. Source: https://www.sec.gov/Archives/edgar/data/38264/000168316825009158/0001683168-25-009158-index.htm

## What management said

- "Fiscal Q3 was another strong period of execution for Forward as we expanded our Solana treasury while delivering meaningful growth in SOL per share" Kyle Samani, Chairman of Forward Industries (8-K filed Aug 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/38264/000168316826006277/forward_ex9901.htm

## Latest filings

- 8-K filed Oct 1, 2026: https://www.sec.gov/Archives/edgar/data/38264/000168316826007543/forward_8k.htm
- 10-K filed Dec 11, 2025: https://www.sec.gov/Archives/edgar/data/38264/000168316825009068/forward_i10k-093025.htm
- 10-Q filed Aug 12, 2026: https://www.sec.gov/Archives/edgar/data/38264/000168316826006270/forward_i10q-063026.htm
- DEF 14A filed Jan 26, 2026: https://www.sec.gov/Archives/edgar/data/38264/000168316826000507/forward_idef14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/