FORWARD INDUSTRIES, INC.: 10-K filed 2015-12-16

Name: FORWARD INDUSTRIES, INC.: 10-K filed 2015-12-16
Creator: FORWARD INDUSTRIES, INC.

What FORWARD INDUSTRIES, INC. reported in its annual report filed 2015-12-16 (fiscal FY 2015): 41 published measures, 84 facts as tagged in accession 0001003297-15-000510.

This filing

Form: 10-K (annual report)
Filed: 2015-12-16
Fiscal period: fiscal FY 2015
Accession: 0001003297-15-000510 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All FORWARD INDUSTRIES, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2015-09-30	12,778,424	USD
At 2014-09-30	16,569,571	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2015-09-30	5,445,111	USD
At 2014-09-30	6,549,511	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2015-09-30	7,333,313	USD
At 2014-09-30	9,186,695	USD
At 2013-09-30	9,394,310	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2015-09-30	4,042,124	USD
At 2014-09-30	6,477,132	USD
At 2013-09-30	6,616,995	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	-1,433,981	USD	365
2013-10-01 to 2014-09-30	-799,906	USD	365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	33,189	USD	365
2013-10-01 to 2014-09-30	33,485	USD	365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2015-09-30	-10,281,367	USD
At 2014-09-30	-8,371,806	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	8,342,168	shares	365
2013-10-01 to 2014-09-30	8,186,926	shares	365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	8,342,168	shares	365
2013-10-01 to 2014-09-30	8,186,926	shares	365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	-0.23	USD/shares	365
2013-10-01 to 2014-09-30	-0.12	USD/shares	365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	-0.23	USD/shares	365
2013-10-01 to 2014-09-30	-0.12	USD/shares	365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	0	USD	365
2013-10-01 to 2014-09-30	0	USD	365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2015-09-30	78,733	USD
At 2014-09-30	98,990	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	69,751	USD	365
2013-10-01 to 2014-09-30	232,700	USD	365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	-1,512,544	USD	365
2013-10-01 to 2014-09-30	-98,677	USD	365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2015-09-30	12,658,729	USD
At 2014-09-30	16,429,619	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2015-09-30	5,329,909	USD
At 2014-09-30	6,434,309	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2015-09-30	122,803	USD
At 2014-09-30	666,630	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2015-09-30	5,454,129	USD
At 2014-09-30	6,124,871	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	7,305,737	USD	365
2013-10-01 to 2014-09-30	6,653,402	USD	365

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2015-09-30	2,866,464	USD
At 2014-09-30	2,374,837	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	5,793,193	USD	365
2013-10-01 to 2014-09-30	6,554,725	USD	365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2015-09-30	8,641,755	shares
At 2014-09-30	8,453,386	shares

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2015-09-30	-21,785	USD
At 2014-09-30	-20,411	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2015-09-30	496,010	USD
At 2014-09-30	535,974	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2015-09-30	417,277	USD
At 2014-09-30	436,984	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2015-09-30	40,962	USD
At 2014-09-30	40,962	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2015-09-30	296,012	USD
At 2014-09-30	401,549	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2015-09-30	131,403	USD
At 2014-09-30	110,590	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	-1,632,944	USD	365
2013-10-01 to 2014-09-30	-473,872	USD	365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	-1,435,355	USD	365
2013-10-01 to 2014-09-30	-799,866	USD	365

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	-1,909,561	USD	365
2013-10-01 to 2014-09-30	-993,106	USD	365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	4,943,184	USD	365
2013-10-01 to 2014-09-30	3,847,759	USD	365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	53,445	USD	365
2013-10-01 to 2014-09-30	64,482	USD	365

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	13,421	USD	365
2013-10-01 to 2014-09-30	26,166	USD	365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	120,400	USD	365
2013-10-01 to 2014-09-30	375,195	USD	365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	-338,557	USD	365
2013-10-01 to 2014-09-30	-373,855	USD	365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	0	USD	365
2013-10-01 to 2014-09-30	6,449	USD	365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	-670,742	USD	365
2013-10-01 to 2014-09-30	1,742,465	USD	365

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	491,627	USD	365
2013-10-01 to 2014-09-30	324,127	USD	365

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2014-10-01 to 2015-09-30	-1,596,344	USD	365
2013-10-01 to 2014-09-30	2,319,203	USD	365

Inspect the source

Entity: FORWARD INDUSTRIES, INC. / CIK 0000038264
Captured: 2026-09-19T14:47:02.058Z
SEC response SHA-256: ea6fbdcd1281bcd19bb16882fe32f3b981bf439cb1f9abc6f6ca31302abaa50b

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000038264.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))