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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q3 FY262026-06-30 | Q2 FY262026-03-31 | Q1 FY262025-12-31 |
|---|---|---|---|
| Revenue | $10.78M | $12.96M | $21.44M |
| Cost of revenue | $4.08M | $3.89M | $4.59M |
| Gross profit | $6.70M | $9.07M | $16.85M |
| Gross margin | 62.2% | 70.0% | 78.6% |
| Selling, general and administrative | $7.43M | $6.63M | $3.79M |
| Operating expenses | $72.41M | $91.72M | $40.28M |
| Operating income | −$65.70M | −$82.65M | −$23.43M |
| Operating margin | -609.5% | -637.7% | -109.3% |
| EBITDA | −$50.46M | $2.46M | $9.64M |
| Interest income | $72.21K | $191.44K | $676.52K |
| Interest expense | −$516.94K | −$59.18K | $0 |
| Income before taxes | −$70.69M | −$283.96M | −$582.96M |
| Income taxes | −$1.73M | −$875.35K | $2.69M |
| Net income | −$68.96M | −$283.08M | −$585.65M |
| Net margin | -639.7% | -2184.1% | -2732.2% |
| EPS, basic | −$0.80 | −$2.98 | −$5.91 |
| EPS, diluted | −$0.80 | −$2.98 | −$5.91 |
| Diluted shares | 86.69M | 94.92M | 99.10M |
Figures describe Forward Industries shares, not any token. As of Aug 12, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.