Forward Industries Reports $4.6M in Solana Staking Revenue in Fiscal 2025

Forward Industries (NASDAQ: FWDI), a global design company with over 60 years of experience serving top-tier medical and technology clients, has reported its fiscal 2025 financial results while highlighting a significant strategic pivot. The company, which describes itself as the leading Solana treasury company, generated approximately $4.6 million in staking revenue during the fourth quarter from its newly implemented Solana treasury strategy, despite having less than one month of activity under this new approach. Fiscal 2025 net revenue was $18.2 million, down from $20.0 million the prior year, with operating expenses rising to $13.6 million from $7.3 million. The results also reflect a substantial $160 million non-cash, unrealized mark-to-market loss on SOL holdings, a requirement under current accounting standards that does not represent an actual cash outflow.

The core of this news revolves around Forward Industries' strategic transformation, initiated in September 2025, to dedicate its treasury strategy to acquiring SOL (the native cryptocurrency of the Solana blockchain) and increasing SOL-per-share through bespoke strategies and active management. This bold move is supported by industry-leading investors and operating partners, including prominent names in the crypto space such as Galaxy Digital, Jump Crypto, and Multicoin Capital. The company encourages stakeholders to visit sol.forwardindustries.com for more detailed information on this pioneering treasury strategy. The financial disclosure was distributed via NEWMEDIAWIRE and the full press release can be accessed through the InvestorBrandNetwork (IBN) platform, which also hosts the standard terms of use and disclaimers applicable to all its content.

This announcement positions Forward Industries at the intersection of traditional corporate finance and the emerging digital asset economy, signaling a corporate treasury innovation that other publicly traded companies may watch closely. The early revenue generation from staking, despite the short timeframe, suggests initial operational success for the strategy. However, the press release includes necessary forward-looking statements cautioning that actual results may differ due to various risks and uncertainties, as detailed in the company's SEC filings. Readers are directed to view the original release on www.newmediawire.com for the complete context and to understand the full scope of the company's transition from a pure-play design firm to a hybrid entity leveraging blockchain technology for treasury growth.