Forward Industries (FORD) 10-Q/A14 Jan 142013 Q3 Quarterly report (amended)Financial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Jun. 30, 2013	Jan. 14, 2014
Document and Entity Information:	'	'
Entity Registrant Name	'FORWARD INDUSTRIES INC	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-13	'
Amendment Flag	'true	'
Amendment Description	'1	'
Entity Central Index Key	'0000038264	'
Current Fiscal Year End Date	'--09-30	'
Entity Common Stock, Shares Outstanding	'	8,236,479
Entity Filer Category	'Smaller Reporting Company	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Well-known Seasoned Issuer	'No	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'

CONSOLIDATED_BALANCE_SHEETS_Un

CONSOLIDATED BALANCE SHEETS (Unaudited as Restated) (USD $)	Jun. 30, 2013	Sep. 30, 2012
Current assets:	'	'
Cash and cash equivalent	$5,011,600	$4,608,246
Marketable securities	405,721	420,605
Accounts receivable, net	6,222,761	7,533,491
Inventories, net	2,363,833	3,380,813
Prepaid expenses and other current assets	755,826	367,552
Total assets of discontinued operations ,	312,319	621,879
Total current assets	15,072,060	16,932,586
Property and equipment, net	123,533	138,774
Other assets	40,442	40,442
Total Assets	15,236,035	17,111,802
Current liabilities:	'	'
Accounts payable	4,223,383	5,936,848
Accrued expenses and other current liabilities	920,022	1,725,185
Liabilities of discontinued operations	35,391	261,806
Total current liabilities	5,178,796	7,923,839
Other liabilities	82,811	0
Total Liabilities	5,261,607	7,923,839
6% Senior Convertible Preferred Stock, par value $001 per share; 1,500,000 shares authorized; 381,674 shares issued and outstanding (aggregate liquidation value of $750,000)	397,089	0
Commitments and contingencies	'	'
Shareholders' equity:	'	'
Preferred stock, par value $001 per share; 4,000,000 shares authorized; no shares issued and outstanding	0	0
Series A Participating Preferred stock, par value $001; 100,000 authorized; no shares issued and outstanding	0	0
Common stock, par value $001 per share; 40,000,000 shares authorized, 8,819,095 and 8,811,595 shares issued; and 8,112,685 and 8,105,185 shares outstanding, respectively	88,191	88,116
Additional paid-in capital	17,646,995	17,020,771
Treasury stock, 706,410 shares at cost	-1,260,057	-1,260,057
Accumulated deficit	-6,876,240	-6,624,926
Accumulated other comprehensive loss	-21,550	-35,941
Total shareholders' equity	9,577,339	9,187,963
Total liabilities and shareholders' equity	$15,236,035	$17,111,802

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS Parentheticals (Unaudited as Restated) (USD $)	Jun. 30, 2013	Sep. 30, 2012
Convertible Preferred Stock	'	'
Preferred Stock, Dividend Rate, Percentage	6.00%	'
Temporary equity, par or stated value per share (in dollars per share)	$0.01	'
Temporary equity, liquidation preference (in dollars)	$750,000	'
Temporary equity, shares authorized (in shares)	1,500,000	'
Temporary equity, shares issued (in shares)	381,674	'
Temporary equity, shares outstanding (in shares)	381,674	'
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized (in shares)	4,000,000	4,000,000
Series A Participating Preferred Stock authorized with par value of $0.01 per share	100,000	'
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par or stated value per share (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares issued (in shares)	8,819,095	8,811,595
Common stock, shares outstanding (in shares)	8,112,685	8,105,185
Treasury Stock, shares (in shares)	706,410	706,410

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) (USD $)	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Revenues:	'	'	'	'
Net sales	$8,590,248	$7,664,252	$23,350,344	$20,049,363
Cost of goods sold	6,747,066	6,906,769	18,489,104	16,989,281
Gross profit	1,843,182	757,483	4,861,240	3,060,082
Operating expenses:	'	'	'	'
Sales and marketing	602,038	282,020	1,620,880	925,245
General and administrative	767,588	1,088,552	2,612,398	3,821,512
Total operating expenses	1,369,626	1,370,572	4,233,278	4,746,757
Income (loss) from operations	473,556	-613,089	627,962	-1,686,675
Other income (expense):	'	'	'	'
Interest income (expense)	-120	21,234	-376	88,931
Loss on marketable securities, net	-702,377	0	-374,160	0
Other income (expense), net	2,897	-38,998	-11,285	-46,023
Total other income (expense), net	-699,600	-17,764	-385,821	42,908
Income (loss) from continuing operations before income tax expense	-226,044	-630,853	242,141	-1,643,767
Income tax expense	0	0	507	0
Income (loss) from continuing operations	-226,044	-630,853	241,634	-1,643,767
Loss from discontinued operations, net of tax expense (benefit) of $(8,977) and $(130); and $(6,002) and $4,850, respectively	-18,659	-2,678,075	-199,498	-4,722,216
Net income (loss)'	-244,703	-3,308,928	42,136	-6,365,983
Preferred stock dividends, accretion and beneficial conversion feature	-293,450	0	-293,450	0
Net loss applicable to common equity	-538,153	-3,308,928	-251,314	-6,365,983
Net income (loss)	-244,703	-3,308,928	42,136	-6,365,983
Other comprehensive income (loss):	'	'	'	'
Change in unrealized gains on marketable securities	0	0	23,744	0
Translation adjustments	-152	-7,446	-9,353	-11,558
Total other comprehensive income (loss)	-152	-7,446	14,391	-11,558
Comprehensive income (loss)	($244,855)	($3,316,374)	$56,527	($6,377,541)
Net loss per basic and diluted common share:	'	'	'	'
Loss from continuing operations	($0.07)	($0.08)	($0.01)	($0.20)
Loss from discontinued operations	$0	($0.33)	($0.02)	($0.58)
Net loss per share	($0.07)	($0.41)	($0.03)	($0.78)
Weighted average number of common and common equivalent shares outstanding	'	'	'	'
Basic	8,112,685	8,105,185	8,110,734	8,100,478
Diluted	8,112,685	8,105,185	8,110,734	8,100,478

CONSOLIDATED_STATEMENTS_OF_OPE1

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) [Parenthetical] (UNAUDITED) (USD $)	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
COMPREHENSIVE INCOME (LOSS)	'	'	'	'
Tax effect on loss from discontinued operations (in dollars)	($8,977)	($130)	($6,002)	$4,850

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)	9 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)	Jun. 30, 2013	Jun. 30, 2012
Operating activities:	'	'
Net income (loss).	$42,136	($6,365,983)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:	'	'
Realized loss on marketable securities.	374,160	0
Share-based compensation	333,236	124,195
Depreciation and amortization.	55,634	82,657
Bad debt expense	59,915	26,311
Loss on disposal of property and equipment.	0	35,411
Changes in operating assets and liabilities:	'	'
Accounts receivable.	1,277,001	-3,324,422
Inventories.	1,188,894	-2,270,600
Prepaid expenses and other current assets.	222,475	120,614
Other assets.	0	61,115
Accounts payable.	-1,735,053	1,553,434
Accrued expenses and other current liabilities.	-1,220,634	1,285,019
Net cash provided by (used in) operating activities	597,764	-8,672,249
Investing activities:	'	'
Repayments received from note receivable	0	1,000,000
Purchases of marketable securities	-54,984,355	0
Proceeds from sales of marketable securities	54,648,823	0
Purchases of property and equipment	-39,686	-54,057
Net cash (used in) provided by investing activities	-375,218	945,943
Financing activities:	'	'
Proceeds from the issuance of convertible preferred stock and warrants, net	180,808	0
Net cash provided by financing activities	180,808	0
Net increase (decrease) in cash and cash equivalents	403,354	-7,726,306
Cash and cash equivalents at beginning of period	4,608,246	14,911,844
Cash and cash equivalents at end of period	5,011,600	7,185,538
Supplemental Disclosures of Cash Flow Information:	'	'
cash paid for Income taxes	507	0
Supplemental Disclosure of Non-Cash Financing Activities:	'	'
Receivable from issuance of convertible preferred stock and warrants	$499,995	$0

OVERVIEW

OVERVIEW	9 Months Ended
OVERVIEW	Jun. 30, 2013
OVERVIEW	'
Nature of Operations	'
	NOTE 1 OVERVIEW
	Forward Industries, Inc. ("Forward" or the “Company”) was incorporated under the laws of the State of New York and began operations in 1961 as a manufacturer and distributor of specialty and promotional products. The Company designs, markets, and distributes carry and protective solutions, primarily for hand held electronic devices. The Company’s principal customer market is original equipment manufacturers, or “OEMs” (or the contract manufacturing firms of these OEM customers), that either package its products as accessories “in box” together with their branded product offerings, or sell them through their retail distribution channels. The Company’s OEM products include carrying cases and other accessories for medical monitoring and diagnostic kits and a variety of other portable electronic and non-electronic products (such as sporting & recreational products, bar code scanners, smartphones, GPS location devices, tablets, and firearms). The Company’s OEM customers are located in the Americas, the EMEA Region, and the APAC Region. The Company does not manufacture any of its OEM products and sources substantially all of its OEM products from independent suppliers in China (refer to Note 10 – Buying Agency and Supply Agreement).
	On June 21, 2012, the Company determined to exit its global Retail business and focus solely on growing its OEM business. The decision to eliminate the Retail division was primarily driven by the longer than estimated path to bring it to profitability and the strong top line growth and cost rationalizations in the OEM business.
	In the opinion of management, the accompanying consolidated financial statements presented in this Quarterly Report on Form 10-Q/A reflect all normal recurring adjustments necessary to present fairly the financial position and results of operations and cash flows for the interim periods presented herein, but are not necessarily indicative of the results of operations for the fiscal year ending September 30, 2013. These financial statements should be read in conjunction with the Company's audited consolidated financial statements included in its Annual Report on Form 10-K for the fiscal year ended September 30, 2012, and with the disclosures and risk factors presented herein and therein, respectively. The September 30, 2012 balance sheet has been derived from the audited consolidated financial statements.

RESTATEMENT_OF_PREVIOUSLY_ISSU

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS	9 Months Ended
RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS	Jun. 30, 2013
RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS:	'
Restatement to Prior Year Income	'
	NOTE 2 RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS
	The Company has restated its financial statements for the three- and nine-month periods ended June 30, 2013, due to the recognition of a non-cash deemed dividend of approximately $293,000 related to a beneficial conversion feature present in the Company’s 6% Senior Convertible Preferred Stock which was issued on June 28, 2013. Additionally, the Company has restated its consolidated balance sheet as of June 30, 2013 to adjust the carrying value of the convertible preferred stock and warrants by approximately $51,000. See Note 6. The adjustments did not have an effect on the Company’s previously reported net income (loss) for the three and nine month periods ended June 30, 2013, total assets on the consolidated balance sheet as of June 30, 2013, or the consolidated statement of cash flows for the nine months ended June 30, 2013.
	A summary of the impact of the restatement on the Consolidated Balance Sheet and Consolidated Statements of Operations and Comprehensive Income (Loss) are as follows:


	Consolidated Balance Sheets (Unaudited) As of June 30, 2013	Previously		Restatement
		Reported		Adjustments		As Restated
	Assets:
	Current assets:
	Cash and cash equivalents..............................................................	$5,011,600		$ --		$5,011,600
	Marketable securities........................................................................	405,721		--		405,721
	Accounts receivable, net .................................................................	6,222,761		--		6,222,761
	Inventories, net..................................................................................	2,363,833		--		2,363,833
	Prepaid expenses and other current assets....................................	755,826		--		755,826
	Assets of discontinued operations..................................................	312,319		--		312,319
	Total current assets.............................................................	15,072,060		--		15,072,060

	Property and equipment, net...........................................................	123,533		--		123,533
	Other assets.........................................................................................	40,442		--		40,442
	Total Assets............................................................................................	$15,236,035		$ --		$15,236,035

	Liabilities and shareholders’ equity
	Current liabilities:
	Accounts payable...............................................................................	$4,223,383		$ --		$4,223,383
	Accrued expenses and other current liabilities..............................	868,741		51,281		920,022
	Liabilities of discontinued operations.............................................	35,391		--		35,391
	Total current liabilities......................................................	5,127,515		51,281		5,178,796

	Other liabilities....................................................................................	82,811		--		82,811
	Total Liabilities....................................................................................	5,210,326		51,281		5,261,607

	6% Senior Convertible Preferred Stock, par value $0.01 per share; 1,500,000 shares authorized; 381,674 shares issued and outstanding (aggregate liquidation value of $750,000)....	447,983				397,089



				-50,894

	Commitments and contingencies

	Shareholders’ equity:
	Preferred stock, par value $0.01 per share; 4,000,000 shares authorized;	--				--

	no shares issued and outstanding..............................................

				--
	Series A Participating Preferred stock, par value $0.01; 100,000 authorized; no shares issued and outstanding..................................	--				--



				--
	Common stock, par value $0.01 per share; 40,000,000 shares authorized, 8,819,095 and 8,811,595 shares issued; and	88,191				88,191

	8,112,685 and 8,105,185 shares outstanding, respectively.

				--
	Additional paid-in capital...................................................................	17,353,932		293,063		17,646,995
	Treasury stock, 706,410 shares at cost............................................	-1,260,057		--		-1,260,057
	Accumulated deficit............................................................................	-6,582,790		-293,450		-6,876,240
	Accumulated other comprehensive loss..........................................	-21,550		--		-21,550
	Total shareholders’ equity...................................................................	9,577,726		-387		9,577,339
	Total liabilities and shareholders’ equity........................................	$15,236,035		$ --		$15,236,035



Consolidated Statements of Operations and Comprehensive Loss (Unaudited)
For the Three Month Period Ended June 30, 2013
	Previously Reported		Restatement Adjustments		As Restated
Net sales..............................................................................................................	$8,590,248		$ --		$8,590,248
Cost of goods sold.............................................................................................	6,747,066	,	--		6,747,066
Gross profit........................................................................................................	1,843,182		--		1,843,182

Operating expenses:
Sales and marketing.....................................................................................	602,038		--		602,038
General and administrative........................................................................	767,588		--		767,588
Total operating expenses..................................................................	1,369,626		--		1,369,626

Income from operations...................................................................................	473,556		--		473,556

Other income (expense):
Interest expense............................................................................................	-120		--		-120
Loss on marketable securities, net.............................................................	-702,377		--		-702,377
Other income (expense), net.......................................................................	2,897		--		2,897
Total other income (expense), net...................................................	-699,600		--		-699,600

Loss from continuing operations before income tax expense	-226,044		--		-226,044
Income tax expense............................................................................................	--		--		--
Loss from continuing operations	-226,044		--		-226,044
Loss from discontinued operations, net of tax benefit of $8,977..............	-18,659		--		-18,659
Net loss..................................................................................................................	-244,703		--		-244,703
Preferred stock dividends, accretion and beneficial conversion feature	--		-293,450		-293,450
Net loss applicable to common equity...........................................	($244,703)		($293,450)		($538,153)

Net loss..................................................................................................................	($244,703)		$ --		($244,703)
Other comprehensive loss:
Translation adjustments...........................................................................	-152		--		-152
Total other comprehensive loss....................................................	-152		--		-152
Comprehensive loss.........................................................................................	($244,855)		$ --		($244,855)

Net loss per basic and diluted common share:
Loss from continuing operations....................................................................	($0.03)		($0.04)		($0.07)
Loss from discontinued operations................................................................	$0.00		--		$0.00
Net loss per share..............................................................................................	($0.03)		($0.04)		($0.07)

Weighted average number of common and common equivalent shares outstanding
Basic.............................................................................................................	8,112,685		--		8,112,685
Diluted..........................................................................................................	8,112,685		--		8,112,685


Consolidated Statements of Operations and Comprehensive Income (Unaudited)
For the Nine Month Period Ended June 30, 2013

	Previously Reported		Restatement Adjustments		As Restated
Net sales..............................................................................................................	$23,350,344		$ --		$23,350,344
Cost of goods sold.............................................................................................	18,489,104	,	--		18,489,104
Gross profit........................................................................................................	4,861,240		--		4,861,240

Operating expenses:
Sales and marketing.....................................................................................	1,620,880		--		1,620,880
General and administrative........................................................................	2,612,398		--		2,612,398
Total operating expenses..................................................................	4,233,278		--		4,233,278

Income from operations...................................................................................	627,962		--		627,962

Other income (expense):
Interest income (expense)...........................................................................	-376		--		-376
Loss on marketable securities, net.............................................................	-374,160		--		-374,160
Other income (expense), net.......................................................................	-11,285		--		-11,285
Total other income (expense), net...................................................	-385,821		--		-385,821

Income from continuing operations before income tax expense	242,141		--		242,141
Income tax expense............................................................................................	507		--		507
Income from continuing operations	241,634		--		241,634
Loss from discontinued operations, net of tax benefit of $6,002..............	-199,498		--		-199,498
Net income............................................................................................................	42,136		--		42,136
Preferred stock dividends, accretion and beneficial conversion feature............................................................................................................	--		-293,450		-293,450
Net income (loss) applicable to common equity..........................	$42,136		($293,450)		($251,314)

Net income............................................................................................................	$42,136		$ --		$42,136
Other comprehensive income (loss):
Change in unrealized gains on marketable securities..........................	23,744		--		23,744
Translation adjustments...........................................................................	-9,353		--		-9,353
Total other comprehensive income..............................................	14,391		--		14,391
Comprehensive income...................................................................................	$56,527		$ --		$56,527

Net income (loss) per basic and diluted common share:
Income (loss) from continuing operations....................................................	$0.03		($0.04)		($0.01)
Loss from discontinued operations................................................................	($0.02)		--		($0.02)
Net income (loss) per share............................................................................	$0.01		($0.04)		($0.03)

Weighted average number of common and common equivalent shares outstanding
Basic.............................................................................................................	8,110,734		--		8,110,734
Diluted..........................................................................................................	8,120,909		10,175		8,110,734

ACCOUNTING_POLICIES

ACCOUNTING POLICIES	9 Months Ended
ACCOUNTING POLICIES	Jun. 30, 2013
ACCOUNTING POLICIES	'
Significant Accounting Policies	'
	NOTE 3 ACCOUNTING POLICIES
	Accounting Estimates
	The preparation of the Company's consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates and assumptions.
	Basis of Presentation
	The accompanying consolidated financial statements include the accounts of Forward and its wholly owned subsidiaries (Forward US, Forward Switzerland, Forward HK, Forward APAC, and Forward UK). All significant intercompany transactions and balances have been eliminated in consolidation.
	Reclassifications
	Certain prior period amounts have been reclassified to conform to the current period presentation.
	Cash and Cash Equivalents
	Cash and cash equivalents consist primarily of cash on deposit and highly liquid money market accounts, short-term bonds, and certificates of deposit with original contractual maturities of three months or less, predominately in U.S. dollar denominated instruments. The Company may purchase these short-term bonds with anticipated maturity of 90 days or less at a premium or discount. The Company records these investments as cash and cash equivalents net of amortization of premium or discount. The Company minimizes its credit risk associated with cash and cash equivalents by investing in high quality instruments and by periodically evaluating the credit quality of the primary financial institution issuers of such instruments. The Company holds cash and cash equivalents at major financial institutions in the United States, at which cash amounts may significantly exceed the Federal Deposit Insurance Corporation’s insured limits. At June 30, 2013, this amount was approximately $3.8 million. Historically, the Company has not experienced any losses due to such cash concentrations.
	Marketable Securities
	At June 30, 2013, the Company has investments in marketable securities that are classified as trading and are recorded at fair value with the corresponding unrealized holding gains or losses recognized in earnings. The fair value of marketable securities is determined based on quoted market prices at the consolidated balance sheet dates. The cost of marketable securities sold is determined by the specific identification method. At September 30, 2012, the Company classified its investments in marketable securities as “available-for-sale”. Securities that are classified as available-for-sale are recorded at fair value with the corresponding unrealized holding gains and losses, net of taxes, are recorded as a separate component of “Accumulated Other Comprehensive Loss” within shareholders’ equity.
	Accounts Receivable
	Accounts receivable consist of unsecured trade accounts with customers or their contract manufacturers. The Company performs periodic credit evaluations of its customers including an evaluation of days outstanding, payment history, recent payment trends, and perceived creditworthiness, and believes that adequate allowances for any uncollectible receivables are maintained. Credit terms to customers generally range from net thirty (30) days to net ninety (90) days. The Company has not historically experienced significant credit or collection problems with its OEM customers or their contract manufacturers. At June 30, 2013, the allowance for doubtful accounts with respect to its continuing operations was approximately $22,000. The Company did not require an allowance for doubtful accounts with respect to its continuing operations at September 30, 2012.
	Inventories
	Inventories consist primarily of finished goods and are stated at the lower of cost (determined by the first-in, first-out method) or market. Based on management’s estimates, an allowance is made to reduce excess, obsolete, or otherwise un-saleable inventories to net realizable value. The allowance is established through charges to cost of goods sold in the Company’s consolidated statements of operations and comprehensive income (loss). As reserved inventory is disposed of, the Company charges off the associated allowance. In determining the adequacy of the allowance, management’s estimates are based upon several factors, including analyses of inventory levels, historical loss trends, sales history, and projections of future sales demand. The Company’s estimates of the allowance may change from time to time based on management’s assessments, and such changes could be material. The Company did not require an allowance for obsolete inventory with respect to its continuing operations at June 30, 2013. At September 30, 2012, the allowance for obsolete inventory of the Company’s continuing operations was approximately $99,000.
	Property and Equipment
	Property and equipment consist of furniture, fixtures, and equipment and leasehold improvements and are recorded at cost. Expenditures for major additions and improvements are capitalized, and minor replacements, maintenance, and repairs are charged to expense as incurred. When property and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations for the respective period. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method. The estimated useful life for furniture, fixtures and equipment ranges from three to ten years. Amortization of leasehold improvements is computed using the straight-line method over the shorter of the remaining lease term or the estimated useful lives of the improvements. For the three-month periods ended June 30, 2013 and 2012, the Company recorded approximately $19,000 and $30,000 of depreciation and amortization expense from continuing operations, respectively. For the nine-month periods ended June 30, 2013 and 2012, the Company recorded approximately $56,000 and $83,000 of depreciation and amortization expense from continuing operations, respectively.
	Income Taxes
	The Company accounts for its income taxes in accordance with accounting principles generally accepted in the United States of America, which requires, among other things, recognition of future tax benefits and liabilities measured at enacted rates attributable to temporary differences between financial statement and income tax bases of assets and liabilities and to net tax operating loss carry-forwards to the extent that realization of these benefits is more likely than not. The Company periodically evaluates the realizability of its net deferred tax assets. See Note 8 to these Notes to Consolidated Financial Statements. The Company’s policy is to account for interest and penalties relating to income taxes, if any, in “income tax expense” in its consolidated statements of operations and comprehensive income (loss) and include accrued interest and penalties within the “accrued liabilities” in its consolidated balance sheets, if applicable. For the three and nine month periods ended June 30, 2013 and 2012, no income tax related interest or penalties were assessed or recorded.
	6% Senior Convertible Preferred Stock
	Temporary Equity
	In accordance with Accounting Standards Codification (“ASC”) 480-10-s99 and Accounting Series Release (“ASR”) ASR 268, equity securities are required to be classified out of permanent equity and classified as temporary equity, as the redemption of the convertible preferred stock is not solely within the control of the Company since it is at the option of the holder.
	Warrants
	In accordance with ASC 815-40, the Company’s warrants have been classified as a liability, at fair value, as a result of a related registration rights agreement that contains certain requirements for registering the underlying common shares, but has no provision for penalties upon the failure to register. At each balance sheet date, this liability’s fair value will be re-measured and adjusted.The liability associated with the warrants is included in the “Accrued expenses and other current liabilities” line of the consolidated balance sheet.
	Preferred Stock Accretion
	The carrying amount of the convertible preferred stock is less than the redemption value. As a result of the Company’s determination that redemption is probable, the carrying value will be increased by periodic accretions so that the carrying value will equal the redemption amount at the earliest redemption date. Such accretion is recorded as a preferred stock dividend.
	Preferred Stock Beneficial Conversion Feature
	On the date of issuance, the fair value, or carrying amount, of the securities could be converted into common stock at a discount to the market price of the underlying common stock at the conversion date. Such embedded “beneficial conversion feature”, which is equal to the difference between the accounting conversion price and the fair value of the common stock, is analogous to a dividend and has been recorded as a return to preferred stockholders as of the date of issuance, which is the earliest possible conversion date.
	Revenue Recognition
	The Company generally recognizes revenue from product sales to its customers when: (1) title and risk of loss are transferred (in general, these conditions occur at either point of shipment or point of destination, depending on the terms of sale); (2) persuasive evidence of an arrangement exists; (3) the Company has no continuing obligations to the customer; and (4) collection of the related accounts receivable is reasonably assured.
	Shipping and Handling Costs
	The Company classifies shipping and handling costs including inbound and outbound freight charges, purchasing and receiving costs, inspection costs, warehousing costs, internal transfer costs, and other costs associated with the Company’s Asia-based distribution capability, as a component of cost of goods sold in the accompanying consolidated statements of operations and comprehensive income (loss).
	Foreign Currency Transactions
	The functional currency of the Company and its wholly-owned foreign subsidiaries is the U.S. dollar (except for Forward UK, which is the British Pound). Foreign currency transactions may generate receivables or payables that are fixed in terms of the amount of foreign currency that will be received or paid. Fluctuations in exchange rates between such foreign currency and the functional currency increase or decrease the expected amount of functional currency cash flows upon settlement of the transaction. These increases or decreases in expected functional currency cash flows are foreign currency transaction gains or losses that are included in “other income (expense), net” in the accompanying consolidated statements of operations and comprehensive income (loss). The approximate net losses from foreign currency transactions for continuing operations was $(3,000) and $(26,000) for the three-month periods ended June 30, 2013 and 2012, respectively. For the nine-month periods ended June 30, 2013 and 2012, the Company recorded $(17,000) and $(46,000), respectively, in approximate foreign currency transaction losses. Such foreign currency transaction losses were primarily the result of Euro denominated sales to certain customers.
	Accumulated Other Comprehensive Loss
	Accumulated other comprehensive loss, which is included as a component of shareholders’ equity, includes unrealized gains or losses on available-for-sale securities (as of September 30, 2012) and currency translation adjustments related to the Company’s foreign subsidiaries.
	Fair value of financial instruments
	For certain of the Company’s financial instruments, including cash and cash equivalents, accounts receivable, accounts payable, and other accrued liabilities, the carrying amount approximates fair value due to the short-term maturities of these instruments. The Company records its financial instruments that are accounted for under Accounting Standard Codification (“ASC”) 320, “Investments-Debt and Equity Securities” (“ASC 320”) at fair value. In addition, the Company records its warrant liability at fair value. The determination of fair value is based upon the fair value framework established by ASC 820 “Fair Value Measurement”. ASC 820 provides that a fair value measurement assumes that the transaction to sell an asset or transfer a liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The fair value hierarchy is broken down into three levels based on the source of inputs as follows: (a) Level 1 – valuations based on unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; (b) Level 2 – valuations based on quoted prices in markets that are not active, or financial instruments for which all significant inputs are observable; either directly or indirectly; and (c) Level 3 – valuations based on prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable, thus, reflecting assumptions about the market participants.
	Share-Based Compensation
	The Company recognizes share-based compensation in its consolidated statements of operations and comprehensive income (loss) at the grant-date fair value of stock options and other equity-based compensation. The determination of grant-date fair value is estimated using the Black-Scholes option-pricing model, which includes variables such as the expected volatility of the Company’s share price, the exercise behavior of its grantees, interest rates, and dividend yields. These variables are projected based on the Company’s historical data, experience, and other factors. In the case of awards with multiple vesting periods, the Company has elected to use the graded vesting attribution method, which recognizes compensation cost on a straight-line basis over each separately vesting portion of the award as if the award was, in-substance, multiple awards. Refer to Note 6 Share-Based Compensation. In addition, the Company recognizes share-based compensation to non-employees based upon the fair value, using the Black-Scholes option pricing model, determined at the deemed measurement dates over the related contract service period.
	Recent Accounting Pronouncements
	In February 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update 2013-02 “Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income” (“ASU 2013-02”). ASU 2013-02 requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. ASU 2013-02 is effective for annual periods and interim periods within those periods beginning after December 15, 2012. ASU 2013-02 will be effective for the Company beginning in the first quarter of fiscal 2014 and is not expected to have a material impact on the Company’s Consolidated Financial Statements.
	In July 2013, the FASB issued ASU No. 2013-11, Income Taxes (ASC Topic 740) - Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. The objective is to end some inconsistent practices with regard to the presentation on the balance sheet of unrecognized tax benefits. The update is effective for financial statement periods beginning after December 15, 2013, with early adoption permitted. The Company will adopt this standard beginning January 1, 2014. The Company does not expect these changes to have a material impact on its consolidated financial statements.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
DISCONTINUED OPERATIONS	Jun. 30, 2013
DISCONTINUED OPERATIONS	'
DISCONTINUED OPERATIONS	'
	NOTE 4 DISCONTINUED OPERATIONS
	On June 21, 2012, the Company determined to exit its global Retail business and focus solely on growing its OEM business. The decision to eliminate the Retail division was primarily driven by the longer than estimated path to bring it to profitability and the strong top line growth and cost rationalizations in the OEM business. Accordingly, the results of operations for the Retail division have been recorded as discontinued operations in the accompanying consolidated financial statements for the fiscal periods presented. Summarized operating results of discontinued operations are presented in the following table:

		For the Three-Month Periods Ended June 30		For the Nine-Month Periods Ended June 30,
		2013	2012	2013	2012
	Net sales....................................................	($9,701)	$430,540	$388,530	$2,093,718
	Gross profit (loss) ....................................	-10,223	-1,524,337	85,599	-1,084,894
	Operating expenses.................................	-21,752	-1,138,487	-298,968	-3,594,979
	Other income (expense)..........................	4,333	-15,251	7,861	-42,343
	Loss from discontinued operations, net of tax expense (benefit) of $(8,977) and $(130); and $(6,002) and $4,850, respectively.....................	($18,659)	($2,678,075)	($199,498)	($4,722,216)

	Summarized assets and liabilities of discontinued operations are presented in the following table:
		June 30,	September 30,
		2013	2012
	Accounts receivable, net..............................................................................	$--	$26,186
	Inventories, net..............................................................................................	179,028	350,942
	Prepaid assets and other current assets.....................................................	133,291	244,751
	Total assets of discontinued operations..........................................	$312,319	$621,879

	Accounts payable..........................................................................................	$24,286	$45,874
	Accrued liabilities…………………………………....................…….	11,105	215,932
	Total liabilities of discontinued operations……………………	$35,391	$261,806
	The above asset amounts as of June 30, 2013, include approximately $311,000 relating to expected payments pursuant to a Settlement Agreement and General Release (“Settlement Agreement”) executed on July 3, 2013 between the Company and G-Form LLC (“G-Form”) in exchange for certain retail inventories, the Company’s cooperation with certain administrative matters, and a mutual general release. G-Form paid $31,000 of the settlement in July 2013 with the balance due 60 days after delivery of the retail inventory, which occurred in August 2013. The Company has substantially completed its exit of its Retail business as of March 31, 2013. The Company has not had, and does not expect to have, any continuing involvement in the Retail business after this date.

MARKETABLE_SECURITIES

MARKETABLE SECURITIES	9 Months Ended
MARKETABLE SECURITIES	Jun. 30, 2013
MARKETABLE SECURITIES	'
MARKETABLE SECURITIES	'
	NOTE 5 MARKETABLE SECURITIES
	The Company classifies its marketable securities as either (i) held-to-maturity, (ii) trading, or (iii) available-for-sale. Effective October 1, 2012, the Company changed its classification of marketable equity securities and corporate bonds from available-for-sale to trading. As a result of this reclassification, a gross gain of $4,764 and a gross loss of $(28,508) was reclassed out of accumulated other comprehensive income (loss) and charged to earnings using a specific identification basis. Equity securities are carried at fair value, as determined by quoted market prices, which is a Level 1 input, as established by the fair value hierarchy under ASC 820. Corporate bonds are carried at amortized cost, which approximates market value. The corresponding unrealized holding gains or losses are recognized in earnings. The Company’s marketable securities are summarized in the table below:
		June 30,	September 30,
		2013	2012
	Trading:
	Cost.....................................................................................................	$532,445	$--
	Unrealized Losses.............................................................................	-126,724	--
	Total Fair Value.......................................................................	$405,721	$--

	Available-for-sale:
	Cost.......................................................................................................................	$--	$444,349
	Unrealized Gains................................................................................................	--	4,764
	Unrealized Losses...............................................................................................	--	-28,508
	Total Fair Value.........................................................................................	$--	$420,605
	The net loss on marketable securities for the three and nine-month periods ended June 30, 2013 was approximately $(702,000) and $(374,000), respectively, in the accompanying consolidated statements of operations and comprehensive income (loss).
	The following table presents the Company’s fair value hierarchy for assets, consisting of marketable securities, measured at fair value on a recurring basis at June 30, 2013 and September 30, 2012:
		Level 1	Level 2	Level 3	Total

	Equity securities............................	$405,721	$ --	$--	$405,721
	Total assets at fair value at June 30, 2013...........................	$405,721	$--	$--	$405,721

	Equity securities............................	$420,605	$ --	$--	$420,605
	Total assets at fair value at September 30, 2012................	$420,605	$--
		$420,605	$--	$--	$420,605

SHAREHOLDERS_EQUITY

SHAREHOLDER'S EQUITY	9 Months Ended
SHAREHOLDER'S EQUITY	Jun. 30, 2013
SHAREHOLDERS' EQUITY	'
SHAREHOLDERS' EQUITY	'
	NOTE 6 SHAREHOLDERS’ EQUITY
	“Blank Check” Preferred Stock
	The Company is authorized to issue up to 4,000,000 shares of "blank check" preferred stock. The Board of Directors (the “Board”) has the authority and discretion, without shareholder approval, to issue preferred stock in one or more series for any consideration it deems appropriate, and to fix the relative rights and preferences thereof including their redemption, dividend and conversion rights. Of these shares, 1,500,000 shares have been authorized as the 6% Senior Convertible Preferred Stock and 100,000 shares have been authorized as the Series A Preferred Stock.
	6% Senior Convertible Preferred Stock with Warrants
	On June 28, 2013, the Company completed the sale of (i) 381,674 shares of its newly authorized 6% Senior Convertible Preferred Stock, par value $0.01 per share (the “Convertible Preferred Stock”) and (ii) warrants to purchase a total of 381,674 shares of the Company’s common stock (“Common Stock”) (the “Warrants” and together with the Convertible Preferred Stock, the “Securities”) to accredited investors (“Investors”) in a private placement (the “Private Placement”) pursuant to the terms of securities purchase agreements, dated June 28, 2013 (the “Purchase Agreements”), by and between the Company and each Investor. The total purchase price paid by Investors for each share of Convertible Preferred Stock and Warrant purchased by them was $1.965, consisting of (i) a fair value of $1.145 in respect of the Convertible Preferred Stock, plus (ii) a fair value of $0.82 in respect of the Warrant. The Private Placement resulted in gross proceeds of approximately $750,000 to the Company. The Company has received $180,000 of these proceeds in cash as of June 30, 2013, net of issuance costs of approximately $69,000, which is reflected in the “Cash and cash equivalents” line of the Company’s consolidated balance sheets. These proceeds of $750,000 have been allocated to the Convertible Preferred Stock and the Warrants based upon their fair values assigned (net of issuance costs of approximately $69,000) of approximately $397,000 and $284,000, respectively. The remaining approximate $500,000 of proceeds was received in July 2013 and is reflected in “Prepaid expenses and other current assets” line on the Company’s consolidated balance sheet as of June 30, 2013. The Company may sell additional shares of Convertible Preferred Stock, together with related Warrants, in one or more subsequent closings.
	The Private Placement included purchases of Securities by two directors of the Company that, in the aggregate, purchased 114,502 shares of Convertible Preferred Stock and Warrants.
	The Warrants have an initial exercise price of $1.84 per share, subject to adjustment upon the occurrence of certain customary events. The Warrants are exercisable at any time on or after January 1, 2014 (the “Initial Exercise Date”) and terminate on the 10-year anniversary of the Initial Exercise Date.
	Each share of Convertible Preferred Stock is convertible into shares of Common Stock at an initial conversion price of $1.84 per share, subject to adjustment upon the occurrence of certain customary events (the “Conversion Price”). At the initial Conversion Price, the 381,674 shares of Preferred Stock issued at the initial closing are convertible into an aggregate of 407,599 shares of Common Stock.
	As of June 30, 2013, the carrying value of the Convertible Preferred Stock was approximately $397,000 and is included on the Company’s consolidated balance sheets as temporary equity. The change in the carrying value, or accretion, of the Convertible Preferred Stock from the issuance date to June 30, 2013 is classified as a preferred stock dividend in the amount of approximately $400 and is included as a component of “Net loss applicable to common equity” in calculating loss per share for the three and nine month periods ended June 30, 2013. As a result of the Convertible Preferred Stock containing a beneficial conversion feature, whereby the accounting conversion price is less than the fair value of the common stock, the Company recorded a preferred stock dividend in the amount of approximately $293,000 for the three and nine months ended June 30, 2013. This amount has also been recorded as an increase to additional paid-in capital and included as a component of “Net loss applicable to common equity” for the three and nine months ended June 30, 2013.
	Dividends on the Convertible Preferred Stock will be payable, on a cumulative basis, in cash, at the rate per annum of 6% of the Liquidation Preference (as defined below) and will be payable quarterly, in arrears, on each March 31, June 30, September 30 and December 31, commencing on September 30, 2013. The Company is prohibited from paying any dividend with respect to shares of Common Stock or other junior securities in any quarter unless full dividends are paid on the Convertible Preferred Stock in such quarter.
	In the event of a liquidation (or deemed liquidation, as described below) of the Company, the holders of the Convertible Preferred Stock shall receive in preference to the holders of Common Stock and any junior securities of the Company an amount (the “Liquidation Preference”) equal to (i) $1.965 (the “Original Issue Price”) per each outstanding share of Convertible Preferred Stock (subject to adjustment upon the occurrence of certain customary events), plus (ii) any accrued but unpaid dividends. A Change of Control of the Company (as defined in the Certificate of Amendment) will be treated as a liquidation at the option of the holders of a majority of the Convertible Preferred Stock; provided that the amount paid to holders of Convertible Preferred Stock in such event will be equal to 101% of the Original Issue Price, plus accrued but unpaid dividends.
	Each share of Convertible Preferred Stock is convertible at any time, at the option of the holder, into one share of Common Stock at the then applicable Conversion Price. In addition, upon the consent of 80% of the holders of the Convertible Preferred Stock, the Convertible Preferred Stock automatically will be converted to shares of Common Stock at the then-applicable Conversion Price.
	On or after June 28, 2018, the Company may, at its option and upon at least 30 days prior written notice to the holders of the Convertible Preferred Stock, redeem all or any portion of the outstanding Convertible Preferred Stock in cash at a redemption price equal to the full Liquidation Preference as of the redemption date. In addition, at any time on or after June 28, 2023, each holder of the Convertible Preferred Stock will have the right to require the Company to redeem (provided that funds are legally available to do so) all or any portion of such holder’s outstanding Convertible Preferred Stock at a redemption price equal to the full Liquidation Preference of such shares of Convertible Preferred Stock as of the redemption date.
	The Convertible Preferred Stock will vote together with the Common Stock on an as-converted basis on all matters except as required by law. In addition, for so long as 50% of the shares of Convertible Preferred Stock remains outstanding, without the approval of the holders of a majority of the Convertible Preferred Stock, voting as a separate class, the Company may not: (i) authorize or issue any equity security senior to the Convertible Preferred Stock; (ii) declare or pay any dividends on the Common Stock or any series of preferred stock that ranks junior to the Convertible Preferred Stock; (iii) increase or decrease the total number of authorized shares of Convertible Preferred Stock; (iv) alter or change the rights, preferences or privileges of the Convertible Preferred Stock so as to affect materially and adversely the Convertible Preferred Stock; or (v) increase the authorized capitalization of the Company, or otherwise amend its certificate of incorporation or bylaws in a manner which adversely affects the rights or preferences of the Convertible Preferred Stock.
	As of June 30, 2013, the liability associated with the Warrants was approximately $284,000 (net of issuance costs of approximately $29,000) and is included in the “Accrued expenses and other current liabilities” line of the Company’s consolidated balance sheets.
	The fair value of the Warrants was determined using a Black-Scholes closed-form call option pricing model, which is considered a level 3 instrument under the fair value hierarchy. The fair value of the Warrants were estimated using the following assumptions as of June 30, 2013
	Risk-free interest rate	2.50%
	Dividend yield	--
	Volatility	30.00%
	Expected term (in years)	10.5
	The change in the fair value of the convertible preferred stock warrant liability for the three and nine months ended June 30, 2013 is summarized below:
	Opening balance	$ 0
	Issuance of convertible preferred stock warrant	312,973
	Decrease in fair value	0
	Closing balance	$312,973
	The following table presents the Company's fair value hierarchy for liabilties, consisting of a warrant liability, measured at fair value, prior to issuance costs, on a recurring basis at June 30, 2013.
		Level 1		Level 2		Level 3		Total
	Warranty liability	$--		$--		$312,973		$312,973
	Anti-takeover Provisions
	Shareholder Rights Plan
	On April 26, 2013, the Board adopted a Shareholder Rights Plan, as set forth in the Rights Agreement dated as of April 26, 2013 (the “Rights Agreement”), between the Company and American Stock Transfer & Trust Company, LLC, as Rights Agent. Pursuant to the Rights Agreement, the Board declared a dividend distribution of one Right (a “Right”) for each outstanding share of Company Common Stock, par value $0.01 per share (the “Common Stock”) to shareholders of record at the close of business on May 6, 2013, which date will be the record date, and for each share of Common Stock issued (including shares distributed from treasury) by the Company thereafter and prior to the Distribution Date (as described below and defined in the Rights Agreement). Each Right entitles the registered holder, subject to the terms of the Rights Agreement, to purchase from the Company one one-thousandth of a share of Series A Participating Preferred Stock, $0.01 par value per share (the “Series A Preferred Stock”), at an exercise price of $4.00 per one one-thousandth of a share of Series A Preferred Stock, subject to adjustment.

	Shareholder Rights Plan
	Initially, no separate Rights Certificates will be distributed and instead the Rights will attach to all certificates representing shares of outstanding Common Stock. Subject to certain exceptions specified in the Rights Agreement, the Rights will separate from the Common and become exercisable on the distribution date (the “Distribution Date”), which will occur on the earlier of (i) the 10th business day (or such later date as may be determined by the Board) after the public announcement that an Acquiring Person (as defined in the Rights Agreement) has acquired beneficial ownership of 20% or more of the Common Stock then outstanding or (ii) the 10th business day (or such later date as may be determined by the Board) after a person or group announces a tender or exchange offer that would result in a person or group of affiliated and associated persons beneficially owning 20% or more of the Common Stock then outstanding.
	“Blank Check” Preferred Stock
	As discussed above, the Company is authorized to issue up to 4,000,000 shares of "blank check" preferred stock. The Board has the authority and discretion, without shareholder approval, to issue preferred stock in one or more series for any consideration it deems appropriate, and to fix the relative rights and preferences thereof including their redemption, dividend and conversion rights. Of these shares, 1,500,000 shares have been authorized as the 6% Senior Convertible Preferred Stock and 100,000 shares have been authorized as the Series A Participating Preferred Stock.
	Stock Repurchase
	In September 2002 and January 2004, the Board authorized the repurchase of up to an aggregate of 486,200 shares of outstanding common stock. Under those authorizations, as of June 30, 2013, the Company had repurchased an aggregate of 172,603 shares at a cost of approximately $403,000, but none during the three and nine-month periods ended June 30, 2013 and 2012.
	Changes in Shareholders’ Equity, as restated
	Changes in shareholders’ equity for the nine-month period ended June 30, 2013 are summarized below:
			Common Stock				Treasury Stock
		Total	Number of Shares	Par Value	Additional Paid-in Capital	Retained Earnings (Accumulated Deficit)	Number of Shares	Amount	Accumulated Other Comprehensive Income (Loss)
	Balance at September 30, 2012	$9,187,963	8,811,595	$88,116	$17,020,771	($6,624,926)	706,410	($1,260,057)	($35,941)
	Share-based compensation	333,236	7,500	75	333,161	--	--	--	--
	Preferred stock accretion	-387	--	--	--	-387	--	--	--
	Beneficial conversion on preferred stock	--	--	--	293,063	-293,063	--	--	--
	Foreign currency translation	-9,353	--	--	--	--	--	--	-9,353
	Net reclassification of adjustments on marketable securities	23,744	--	--	--	--	--	--	23,744
	Net income	42,136	--	--	--	42,136	--	--	--
	Balance at June 30, 2013, as Restated (Note 2)	$9,577,339	8,819,095	$88,191	$17,646,995	($6,876,240)	706,410	($1,260,057)	($21,550)

SHAREBASED_COMPNESATION

SHARE-BASED COMPNESATION	9 Months Ended
SHARE-BASED COMPNESATION	Jun. 30, 2013
Fair value of Compensation Related Costs, Share Based Payments (Table)	'
Disclosure of Compensation Related Costs, Share-based Payments	'
	NOTE 7 SHARE-BASED COMPENSATION
	2011 Long Term Incentive Plan
	In March 2011, shareholders of the Company approved the 2011 Long Term Incentive Plan (the “2011 Plan”), which authorizes 850,000 shares of common stock for grants of various types of equity awards to officers, directors, employees, consultants, and independent contractors. Under the 2011 Plan, as of June 30, 2013, the Compensation Committee of the Company’s Board of Directors (the “Compensation Committee”) has approved awards of stock options to purchase an aggregate of 1,315,000 shares of common stock to certain of the Company’s executive officers and employees (1,020,000 shares), a consultant (160,000 shares), non-employee directors (130,000 shares), and to a non-employee executive officer (5,000 shares). Of these awards, as of June 30, 2013, 530,500 shares were forfeited and reverted to, and are eligible for re-grant under, the 2011 Plan. The total shares of common stock available for grants of equity awards under the 2011 Plan was 65,500 as of June 30, 2013. The prices at which equity awards may be granted and the exercise prices of stock options granted may not be less than the fair market value of the common stock as quoted at the close on the Nasdaq Stock Market on the grant date. The Compensation Committee administers the 2011 Plan. Options generally expire ten years after the date of grant and vest one year from the date of grant for non-employee directors, and, in the case of initial grants to officers and employees, vest over five years with 50%, 25% and 25% vesting on the third, fourth, and fifth anniversary of the grant date, respectively. Options granted under a consulting agreement in November 2011 expire three years after the grant date and vested equally over the term of the consulting agreement, which concluded February 29, 2012.
	2007 Equity Incentive Plan
	The 2007 Equity Incentive Plan (the “2007 Plan”), which was approved by shareholders of the Company in May 2007, and, as amended in February 2010, authorizes an aggregate of 800,000 shares of common stock for grants of restricted common stock and stock options to officers, employees, and non-employee directors of the Company. Under the 2007 Plan, the Compensation Committee approved awards of restricted common stock and stock options of 977,375, in the aggregate, to certain officers, employees and non-employee directors. Of these awards, as of June 30, 2013, 278,366 shares were forfeited and reverted to, and are eligible for re-grant under, the 2007 Plan. The total shares of common stock available for grants of equity awards under the 2007 Plan was 100,991 as of June 30, 2013. The prices at which restricted common stock may be granted and the exercise price of stock options granted may not be less than the fair market value of the common stock as quoted at the close on the Nasdaq Stock Market on the grant date. The Compensation Committee administers the 2007 Plan. Options generally expire ten years after the date of grant, and in the case of non-employee directors, vest on the first anniversary of the date of grant. In the case of officers and employees, options either vest in equal amounts over three to five years or vest over five years with 50%, 25% and 25% vesting on the third, fourth, and fifth anniversary of the grant date, respectively. Restricted stock grants generally vest in equal proportions over three years.
	1996 Stock Incentive Plan
	The Company’s 1996 Stock Incentive Plan (the “1996 Plan”) expired in accordance with its terms in November 2006. The exercise price of incentive options granted under the 1996 Plan to officers, employees, and non-employee directors of the Company was required by 1996 Plan provisions to be equal at least to the fair market value of the common stock at the date of grant. In general, options under this plan expire ten years after the date of grant and generally vest in equal proportions over three years. Unexercised options granted prior to 1996 Plan expiration remain outstanding until the earlier of exercise or option expiration. Under the 1996 Plan 30,000 fully vested common stock options are the only awards that remain outstanding and unexercised, all at exercise prices higher than the fair market value of the common stock at June 30, 2013.
	Stock Option Awards
	Under the 2011 and 2007 Plans, the Compensation Committee has approved awards of stock options to purchase an aggregate of 1,737,500 shares of common stock to the Company’s current and certain former non-employee directors, to certain key employees, to current and certain former Company officers, and to a consultant, of which awards covering 255,000 shares from the 2007 Plan and 530,500 shares from the 2011 Plan of common stock were forfeited, with such shares reverting to the respective plans and eligible for grant. The exercise prices of the awards granted was, in each case equal, to the closing market value of the Company’s common stock on the Nasdaq Stock Market on the various grant dates.
	The Company recognized an expense of approximately $48,000 and a recovery of $(81,000) of compensation in continuing operations for stock option awards in its consolidated statements of operations and comprehensive income (loss) for the three-month periods ended June 30, 2013 and 2012, respectively; and an expense of $176,000 and a recovery of $(142,000) for the nine-month periods ended June 30, 2013 and 2012, respectively
	As of June 30, 2013, there was approximately $193,000 of total unrecognized compensation cost related to 414,834 shares of unvested stock option awards granted under the 2007 and 2011 Plans, which is expected to be recognized over the remainder of the weighted average vesting period (extending to August 2016).
	The following table summarizes stock option activity under the 2011 Plan and 2007 Plan, from September 30, 2012 through June 30, 2013 (there was no activity during such period with respect to the 1996 Plan grants):
		Shares		Weighted AverageExercise Price		Weighted AverageRemaining Contractual Term (Years)


							Aggregate Intrinsic Value
	Outstanding at September 30, 2012	1,142,000		$3.31		4.2	$ --
	Granted..............................................	120,000		1.14		9.3	--
	Exercised...........................................	--		--		--	--
	Forfeited............................................	-365,000		3.43		--	--
	Expired..............................................	--		--		--	--
	Outstanding at June 30, 2013	897,000		$2.98		6.5	$ --

	Options expected to vest at June 30, 2013...................................................	375,151		$2.88		8.4	$--

	Options vested and exercisable at June 30, 2013..................................	482,166		$3.03		4.9	$--

	During the nine-month period ended June 30, 2013, the Company granted 120,000 stock options at a weighted average grant date fair value of $0.61. During the nine-month period ended June 30, 2012 the Company granted 420,000 stock options at a weighted average grant date fair value of $0.96.
	The fair value of each stock option on the date of grant was estimated using the Black-Scholes option-pricing formula applying the following assumptions for each respective period:
			For the Nine-Month Periods Ended June 30,
			2013		2012
	Expected term (in years)		5		3.0 to 5.0
	Risk-free interest rate..........		0.6%-0.7%		0.04% to 0.83%
	Expected volatility..............		70.0%-70.4%		63% to 69%
	Expected dividend yield.....		0%		0%
	Forfeiture rate......................		5%		13%
	The expected term represents the period over which the stock option awards are expected to be outstanding. The Company based the risk-free interest rate used in its assumptions on the implied yield currently available on U.S. Treasury zero-coupon issues with a remaining term equivalent to the award’s expected term. The volatility factor used in the Company’s assumptions is based on the historical price of its stock over the most recent period commensurate with the expected term of the award. The Company historically has not paid any dividends on its common stock and had no intention to do so on the date the share-based awards were granted. Accordingly, the Company used a dividend yield of zero in its assumptions. The Company estimates the expected term, volatility and forfeitures of share-based awards based upon historical data. The Company adjusted its estimated forfeiture rate effective October 1, 2011 and recognized a recovery of approximately $46,000 during the three-month period ended December 31, 2011.
	Restricted Stock Awards
	Under the 2011 Plan and 2007 Plan, the Compensation Committee has approved and granted awards of 554,875 shares of restricted stock, in the aggregate, to certain key employees. Of these awards, 160,134 have vested and 23,366 shares of restricted stock were forfeited and reverted to, and are eligible for re-grant under, the 2007 Plan. Vesting of restricted stock awards is generally subject to a continued service condition with one-third of the awards vesting each year on the three successive anniversary dates of the grant date, typically commencing on the first such anniversary date. The fair value of the awards granted was equal to the closing market value of the Company’s common stock as quoted on the Nasdaq Stock Market on the grant date. During the three-month periods ended June 30, 2013 and 2012, the Company recognized approximately $59,000 and $1,000, respectively, of compensation expense in continuing operations in its consolidated statements of operations and comprehensive income (loss) related to restricted stock awards; and approximately $157,000 and $4,000 for the nine-month periods ended June 30, 2013 and 2012, respectively.
	The following table summarizes restricted stock activity under the 2011 Plan and 2007 Plan from September 30, 2012, through June 30, 2013.
					Weighted Average Grant Date Fair Value


			Shares
	Non-vested balance at September 30, 2012.........................................		7,500		$2.02
	Changes during the period:
	Shares granted.....................................................................................		371,375		1.16
	Shares vested.......................................................................................		-7,500		2.02
	Shares forfeited...................................................................................		--		--
	Non-vested balance at June 30, 2013....................................................		371,375		$1.16
	As of June 30, 2013, there was approximately $230,000 of total unrecognized compensation cost related shares of unvested restricted stock awards (reflected in the table above) granted under the 2011 Plan and 2007 Plan. That cost is expected to be recognized over the remainder of the requisite service (vesting) periods. The total grant date fair value of restricted stock that vested during the nine-month period ended June 30, 2013 was approximately $15,000.
	Warrants
	As of June 30, 2013, warrants to purchase 75,000 shares of the Company’s common stock at an exercise price of $1.75 issued in fiscal year ended 1999 were outstanding. By their terms these warrants expire 90 days after a registration statement registering common stock (other than pursuant to employee benefit plans) is declared effective by the Securities and Exchange Commission. As of June 30, 2013, no such registration statement has been filed with the Securities and Exchange Commission.

INCOME_TAXES

INCOME TAXES	9 Months Ended
INCOME TAXES	Jun. 30, 2013
INCOME TAXES	'
Income Tax Disclosure	'
	NOTE 8 INCOME TAXES
	The Company’s provision (benefit) for income taxes consists of the following United States Federal and State, and foreign components:
		For the Three-Month Periods Ended June 30,		For the Nine-Month Periods Ended June 30,
		2013	2012	2013	2012
	Current:
	Federal.......................................	$--	$--	$--	$--
	State...........................................	--	--	75	--
	Foreign......................................	-8,977	-130	-5,570	4,850

	Deferred:
	Federal.....................................	-99,438	367,299	82,082	-443,941
	State.........................................	-5,675	20,966	4,683	-25,764
	Foreign....................................	2,068	-144,343	-10,682	-188,495

	Change in valuation allowance.	103,045	-243,922	-76,083	658,200
	Income tax (benefit) expense.....	($8,977)	$ (130)	($5,495)	$ 4,850

	Income tax benefit from discontinued operations of approximately $(9,000) and $(100) recorded in the three-month periods ended June 30, 2013 and 2012, respectively, and income tax expense (benefit) from discontinued operations of $(6,000) and $5,000 recorded in the nine-month period ended June 30, 2013 and 2012, respectively, is attributable to Forward UK.
	As of June 30, 2013, and September 30, 2012, the Company has no unrecognized income tax benefits. At June 30, 2013, the Company had available total net operating loss carryforwards for U.S. Federal and state income tax purposes of approximately $8,154,000 and $6,515,000, respectively, expiring through 2033, resulting in deferred tax assets in respect of U.S. Federal and state income taxes of approximately $2,643,000 and $224,000, respectively. In addition, at June 30, 2013, the Company had total available net operating loss carryforwards for foreign income tax purposes of approximately $4,986,000 resulting in a deferred tax asset of $439,000 approximately, expiring through 2020. Total net deferred tax assets, before valuation allowances, was $3,742,000 at June 30, 2013 and $3,818,000 at September 30, 2012, respectively. Undistributed earnings of the Company’s foreign subsidiaries are considered to be permanently invested; therefore, in accordance with U.S. generally accepted accounting principles, no provision for U.S. Federal and state income taxes would result. As of June 30, 2013, there were no accumulated earnings of any of the Company’s foreign subsidiaries.
	As of June 30, 2013, as part of its periodic evaluation of the necessity to maintain a valuation allowance against its deferred tax assets, and after consideration of all factors, both positive and negative (including, among others, projections of future taxable income, current year net operating loss carryforward utilization and the extent of the Company’s cumulative losses in recent years), the Company determined that, on a more likely than not basis, it would not be able to use its remaining deferred tax assets (except in respect of United States income taxes in the event the Company elects to effect the repatriation of certain foreign source income of its Swiss subsidiary, which income is currently considered to be permanently invested and for which no United States tax liability has been accrued). Accordingly, the Company has determined to maintain a full valuation allowance against its total deferred tax assets. As of June 30, 2013 and September 30, 2012, the valuation allowances were approximately $3,742,000 and $3,818,000, respectively. If the Company determines in a future reporting period that it will be able to use some or all of its deferred tax assets, the adjustment to reduce or eliminate the valuation allowance would reduce its tax expense and increase after-tax income. Changes in deferred tax assets and valuation allowance are reflected in the “Income tax expense (benefit)” line item of the Company’s consolidated statements of operations and comprehensive income (loss).
	As of June 30, 2013 and September 30, 2012, the Company has not accrued any interest and penalties related to uncertain tax positions. It is the Company’s policy to recognize interest and/or penalties, if any, related to income tax matters in income tax expense in the consolidated statements of operations and comprehensive income (loss). For the periods presented in the accompanying consolidated statements of operations and comprehensive income (loss), no income tax related interest or penalties were assessed or recorded. All fiscal years prior to the fiscal year ended September 30, 2009 are closed to Federal and State examination, except with respect to net operating losses generated in prior fiscal years.

INCOME_LOSS_PER_SHARE

INCOME (LOSS) PER SHARE	9 Months Ended
INCOME (LOSS) PER SHARE	Jun. 30, 2013
INCOME (LOSS) PER SHARE	'
Earnings Per Share	'
	NOTE 9 INCOME (LOSS) PER SHARE
	Basic per share data for each period presented is computed using the weighted-average number of shares of common stock outstanding during each such period. Diluted per share data is computed using the weighted-average number of common and dilutive common-equivalent shares outstanding during each period. Dilutive common-equivalent shares consist of shares that would be issued upon the exercise of stock options and warrants, computed using the treasury stock method. Diluted loss per share data for the three-month periods ended June 30, 2013 and 2012, and the nine-month period ended June 30, 2013 and 2012, exclude 1,650,487 and 1,224,500 of outstanding common equivalent shares as inclusion of such shares would be anti-dilutive.

COMMITMENT_AND_CONTINGENCIES

COMMITMENT AND CONTINGENCIES	9 Months Ended
COMMITMENT AND CONTINGENCIES	Jun. 30, 2013
COMMITMENT AND CONTINGENCIES	'
Commitments and Contingencies Disclosure	'
	NOTE 10 COMMITMENTS AND CONTINGENCIES
	Employment and Agreements
	Robert Garrett Jr. Employment Agreement
	Under his employment agreement, which was effective as of March 1, 2012, Mr. Robert Garrett Jr. is currently employed as the Company’s Chief Executive Officer at an annual salary of $250,000. In executing his employment agreement, Mr. Garrett received a signing bonus of $9,167. During Mr. Garrett’s first year of employment he received a bonus of $50,000. In addition, during each year of his employment, Mr. Garrett is eligible to receive an annual bonus at the discretion of the Compensation Committee in a combination of cash or equity-based compensation. Mr. Garrett’s employment agreement also entitles him to awards of stock options to purchase an aggregate of 200,000 shares of the Company’s common stock pursuant to the 2011 Plan, which have been granted in their entirety.
	Mr. Garrett’s employment agreement provides for successive one-year renewal terms, unless either party provides written notice of its intention not to renew the agreement not later than 90 days prior to the end of the term (or renewal period). In the event of the termination of Mr. Garrett’s employment, depending on the circumstances, Mr. Garrett could be entitled to receive a severance payment which could be up to (12) twelve months of his salary, and under certain circumstances, the immediate vesting of any unvested options pursuant to applicable equity compensation plans, as well as any accrued discretionary bonus.
	Mr. Garrett’s employment agreement binds him to customary non-competition and non-solicitation covenants of up to one year following the expiration of the employment term.
	James O. McKenna Employment Agreement
	James O. McKenna serves as the Company’s Chief Financial Officer, Treasurer and Assistant Secretary pursuant to an Amended Employment Agreement, dated as of April 1, 2011 (the “Employment Agreement”), between the Company and Mr. McKenna. On November 8, 2012, Mr. McKenna’s Employment Agreement was further amended (the “Amendment”) in connection with the logistical coordination, planning and implementation of the move of the Company’s executive offices to West Palm Beach, Florida from Santa Monica, California, and his relocation from California to Florida at the Company’s request. Among other things, the Amendment reduced his base salary to $210,000 per annum from $225,000 per annum, eliminated his housing allowance of $90,000 per annum (paid pursuant to the Employment Agreement), and provided for a bonus payment in the amount of $172,456, less applicable withholdings and deductions, all subject to the provisions provided in the Amendment. Approximately $86,000 of such bonus payment is attributed as a bonus to Mr. McKenna in Fiscal 2012, with the remainder to be attributed to future periods. Up to one half of such bonus payment may be applied to reduce future bonuses due to Mr. McKenna, if any, on or prior to September 2014, pursuant to the terms and provisions of the Amendment. The term of the Employment Agreement expires on December 31, 2013, with automatic renewal for successive terms of one year each. Pursuant to the Employment Agreement, Mr. McKenna is entitled to a payment equal to one year of his salary as severance in the event of his termination “without cause” and termination for “good reason” (as such terms are defined in the Employment Agreement).
	Guarantee Obligation
	In February 2010, Forward Switzerland and its European logistics provider (freight forwarding and customs agent) entered into a Representation Agreement (the “Representation Agreement”) whereby, among other things, the European logistics provider agreed to act as Forward Switzerland's Fiscal representative in The Netherlands for the purpose of providing services in connection with any value added tax matters. As part of this agreement, which succeeds a substantially similar agreement (except as to the amount and term of the undertaking) between the parties that expired June 30, 2009, Forward Switzerland agreed to provide an undertaking (in the form of a bank letter of guarantee) to the logistics provider with respect to any value added tax liability arising in The Netherlands that the logistics provider is required to pay to Dutch tax authorities on its behalf.

BUYING_AGENCY_AND_SUPPLY_AGREE

BUYING AGENCY AND SUPPLY AGREEMENT	9 Months Ended
BUYING AGENCY AND SUPPLY AGREEMENT	Jun. 30, 2013
BUYING AGENCY AND SUPPLY AGREEMENT:	'
BUYING AGENCY AND SUPPLY AGREEMENT	'
	NOTE 11 BUYING AGENCY AND SUPPLY AGREEMENT
	On March 12, 2012, the Company, entered into a Buying Agency and Supply Agreement (the “Agreement”) with Forward Industries Asia-Pacific Corporation (f/k/a Seaton Global Corporation), a British Virgin Islands corporation (“Forward China”), dated as of March 7, 2012. The Agreement provides that, upon the terms and subject to the conditions set forth therein, Forward China shall act as the Company’s exclusive buying agent and supplier of Products (as defined in the Agreement) in the Asia Pacific region. The Company shall purchase products at Forward China’s cost, and shall pay a service fee on the net purchase price. The Agreement shall terminate on March 11, 2014, subject to renewal. Terence Wise, a director of the Company, is a principal of Forward China. In addition, Jenny P. Yu, a Managing Director of Forward China, owns shares of the Company’s common stock. The Company recognized approximately $306,000 and $270,000, respectively, during the three-month periods ended June 30, 2013 and 2012, and $798,000 and $332,000, respectively, during the nine-month periods ended June 30, 2013 and 2012, of Forward China service fees, which are included as a component of costs of goods sold in continuing operations in the accompanying consolidated statements of operations and comprehensive income (loss).

INVESTMENT_MANAGEMENT_AGREEMEN

INVESTMENT MANAGEMENT AGREEMENT	9 Months Ended
INVESTMENT MANAGEMENT AGREEMENT	Jun. 30, 2013
INVESTMENT MANAGEMENT AGREEMENT	'
Equity Method Investments and Joint Ventures Disclosure	'
	NOTE 12 INVESTMENT MANAGEMENT AGREEMENT
	On April 16, 2013, the Company entered into an Investment Management Agreement (the “Agreement”) with LaGrange Capital Administration, L.L.C. (“LCA”), pursuant to which the Company retained LCA to manage certain investment accounts funded by the Company (collectively, the “Account”). Frank LaGrange Johnson, the Company’s Chairman of the Board, serves as the Managing Member of LCA.
	Pursuant to the Agreement, LCA is authorized, subject to supervision of the Investment Committee of the Board and the terms and conditions of the Agreement, to take all actions and make all decisions regarding the investment and reinvestment of the assets of the Account utilizing the Investment Strategy (as defined in the Agreement). As compensation for its services to the Company, LCA shall be entitled to advisory fees, comprised of an asset-based fee and a performance fee, as provided in the Agreement. The asset-based fee will equal 1% per annum of the average Account Net Asset Value (“Account NAV”). The performance fee will equal 20% of the increase (if any) in the Account NAV over an annual period. No performance fee will be payable for any annual period in which the Account NAV at the end of such annual period is below the highest Account NAV at the end of any previous annual period. In addition to such advisory fees, the Company will reimburse LCA for certain investment and operational expenses. Under the Agreement, the Company or its designees may make cash withdrawals from the Account on March 31, June 30, September 30 or December 31 of each year upon 45 days’ prior written notice to LCA; provided, that, in the event of a breach of certain terms of the Agreement, the Company may make a complete cash withdrawal from the Account immediately without LCA’s consent. During the three and nine-month periods ended June 30, 2013, the Company recognized approximately $6,000 of expense in continuing operations in its consolidated statements of operations and comprehensive income (loss) related to asset based advisory fees. The Company has not recorded any expense related to performance based advisory fees during the three and nine-month periods ended June 30, 2013.
	The Agreement is effective as of February 1, 2013 and shall continue until the second anniversary of the effective date. Thereafter, the term of the Agreement shall automatically renew for additional one year terms unless terminated in accordance with the terms of the Agreement or if a party provides notice to the other party no less than 60 days prior to the end of a term of its decision to terminate the Agreement at the end of the then current term.

LEGAL_PROCEEDINGS

LEGAL PROCEEDINGS	9 Months Ended
LEGAL PROCEEDINGS	Jun. 30, 2013
LEGAL PROCEEDINGS:	'
Legal Matters and Contingencies	'
	NOTE 13 LEGAL PROCEEDINGS
	From time to time, the Company may become a party to other legal actions or proceedings in the ordinary course of its business. As of June 30, 2013, there were no such actions or proceedings, either individually or in the aggregate, that, if decided adversely to the Company’s interests, the Company believes would be material to its business.

OPERATING_SEGMENT_INFORMATION

OPERATING SEGMENT INFORMATION	9 Months Ended
OPERATING SEGMENT INFORMATION	Jun. 30, 2013
Geographical Segment Reporting (Table)	'
Segment Reporting Disclosure	'
	NOTE 14 OPERATING SEGMENT INFORMATION
	As of June 30, 2013, the Company reported and managed its continuing operations based on a single operating segment: the design and distribution of carry and protective solutions, primarily for hand held electronic devices. Products designed and distributed by this segment include carrying cases and other accessories for medical monitoring and diagnostic kits, portable consumer electronic devices (such as smartphones, tablets, personnel computers, notebooks, and GPS devices), and a variety of other portable electronic and non-electronic products (such as firearms, sporting, and other recreational products). This segment operates in geographic regions that include primarily APAC, the Americas, and Europe. Geographic regions are defined by reference primarily to the location of the customer or its contract manufacturer.
	On June 21, 2012, the Company determined to wind down its Retail segment, which commenced during the three-month period ended December 31, 2011, and focus solely on growing its OEM business. The decision to eliminate the Retail division was primarily driven by the longer than estimated path to bring it to profitability and the strong top line growth and cost rationalizations in the OEM business. The Company has substantially completed its exit of its Retail business as of March 31, 2013. The Company has not had, and does not expect to have, any continuing involvement in the Retail business after this date.



	Revenues from External Customers
	The following table presents net sales by geographic region.
		(dollars in millions)		(dollars in millions)
		For the Three-Month Periods Ended June 30,		For the Nine-Month Periods Ended June 30,
		2013	2012	2013	2012
	Americas:
	United States...................................	$2.10	$2.70	$7.50	$5.90
	Other.................................................	0.8	0.5	1.2	1.1
	Total Americas...............................	2.9	3.2	8.7	7

	APAC:
	Hong Kong......................................	2.9	2.6	5.5	7.4
	Other.................................................	0.9	0.7	2.6	1.5
	Total APAC.....................................	3.8	3.3	8.1	8.9

	Europe:
	Germany...........................................	1.1	0.4	4.7	2.6
	Poland..............................................	0.6	0.7	1.7	1.2
	Other................................................	0.2	0.1	0.2	0.4
	Total Europe...................................	1.9	1.2	6.6	4.2
	Total net sales*.............................	$8.60	$7.70	$23.40
	Total net sales*.............................	$8.60	$7.70	$23.40	$20.00
	* Table may not total due to rounding.
	Long-Lived Assets (Net of Accumulated Depreciation and Amortization)
	Identifiable long-lived assets, consisting predominately of property and equipment, by geographic region are as follows:
		(dollars in thousands)
		As of June 30,	As of September 30, 2012
		2013	As of September 30, 2012
	Americas.....................................................	$163	$178
	Europe........................................................	1	1
	Total Long-Lived Assets (net).................	$164	$179

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	9 Months Ended
SUBSEQUENT EVENTS	Jun. 30, 2013
SUBSEQUENT EVENTS	'
Subsequent Events	'
	NOTE 15 SUBSEQUENT EVENTS
	On August 7, 2013, the Company completed the sale of (i) an additional 216,282 shares of 6% Senior Convertible Preferred Stock and (ii) Warrants to purchase a total of 216,282 shares of Common Stock to accredited investors in the Private Placement pursuant to the terms of securities purchase agreements (“Purchase Agreements”), dated August 7, 2013. The Purchase Agreements were entered into in connection with the second closing under the Private Placement (the “Second Closing”) following the initial closing under the Private Placement which occurred on June 28, 2013 (the “Initial Closing”). See Note 6 to our Consolidated Financial Statements - “Shareholders’ Equity - 6% Senior Convertible Preferred Stock” and “Part II. Other Information, Item 2. Unregistered Sales of Equity Securities and Use of Proceeds” in this Form 10-Q/A for a description of the Initial Closing.
	The Second Closing resulted in gross proceeds of approximately $425,000 to the Company and, together with the gross proceeds of approximately $750,000 from the Initial Closing, amounts to total gross proceeds of approximately $1,175,000 from the Private Placement through the date of the Second Closing. Together with the Securities sold in the Initial Closing, the Company sold a total of 597,956 shares of 6% Senior Convertible Preferred Stock and Warrants to purchase 597,956 shares of Common Stock in the Private Placement as of the date of the Second Closing. The Company may sell additional shares of 6% Senior Convertible Preferred Stock, together with related Warrants, in one or more subsequent closings.

ACCOUNTING_POLICIESPOLICIES

ACCOUNTING POLICIES.(POLICIES)	9 Months Ended
ACCOUNTING POLICIES.(POLICIES)	Jun. 30, 2013
ACCOUNTING POLICIES.(POLICIES):	'
Accounting Estimates	'
	Accounting Estimates
	The preparation of the Company's consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates and assumptions.
Basis of Presentation	'
	Basis of Presentation
	The accompanying consolidated financial statements include the accounts of Forward and its wholly owned subsidiaries (Forward US, Forward Switzerland, Forward HK, Forward APAC, and Forward UK). All significant intercompany transactions and balances have been eliminated in consolidation.
Reclassifications	'
	Reclassifications
	Certain prior period amounts have been reclassified to conform to the current period presentation.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents
	Cash and cash equivalents consist primarily of cash on deposit and highly liquid money market accounts, short-term bonds, and certificates of deposit with original contractual maturities of three months or less, predominately in U.S. dollar denominated instruments. The Company may purchase these short-term bonds with anticipated maturity of 90 days or less at a premium or discount. The Company records these investments as cash and cash equivalents net of amortization of premium or discount. The Company minimizes its credit risk associated with cash and cash equivalents by investing in high quality instruments and by periodically evaluating the credit quality of the primary financial institution issuers of such instruments. The Company holds cash and cash equivalents at major financial institutions in the United States, at which cash amounts may significantly exceed the Federal Deposit Insurance Corporation’s insured limits. At June 30, 2013, this amount was approximately $3.8 million. Historically, the Company has not experienced any losses due to such cash concentrations.
Marketable Securities	'
	Marketable Securities
	At June 30, 2013, the Company has investments in marketable securities that are classified as trading and are recorded at fair value with the corresponding unrealized holding gains or losses recognized in earnings. The fair value of marketable securities is determined based on quoted market prices at the consolidated balance sheet dates. The cost of marketable securities sold is determined by the specific identification method. At September 30, 2012, the Company classified its investments in marketable securities as “available-for-sale”. Securities that are classified as available-for-sale are recorded at fair value with the corresponding unrealized holding gains and losses, net of taxes, are recorded as a separate component of “Accumulated Other Comprehensive Loss” within shareholders’ equity.
Accounts Receivables	'
	Accounts Receivable
	Accounts receivable consist of unsecured trade accounts with customers or their contract manufacturers. The Company performs periodic credit evaluations of its customers including an evaluation of days outstanding, payment history, recent payment trends, and perceived creditworthiness, and believes that adequate allowances for any uncollectible receivables are maintained. Credit terms to customers generally range from net thirty (30) days to net ninety (90) days. The Company has not historically experienced significant credit or collection problems with its OEM customers or their contract manufacturers. At June 30, 2013, the allowance for doubtful accounts with respect to its continuing operations was approximately $22,000. The Company did not require an allowance for doubtful accounts with respect to its continuing operations at September 30, 2012.
Inventories	'
	Inventories
	Inventories consist primarily of finished goods and are stated at the lower of cost (determined by the first-in, first-out method) or market. Based on management’s estimates, an allowance is made to reduce excess, obsolete, or otherwise un-saleable inventories to net realizable value. The allowance is established through charges to cost of goods sold in the Company’s consolidated statements of operations and comprehensive income (loss). As reserved inventory is disposed of, the Company charges off the associated allowance. In determining the adequacy of the allowance, management’s estimates are based upon several factors, including analyses of inventory levels, historical loss trends, sales history, and projections of future sales demand. The Company’s estimates of the allowance may change from time to time based on management’s assessments, and such changes could be material. The Company did not require an allowance for obsolete inventory with respect to its continuing operations at June 30, 2013. At September 30, 2012, the allowance for obsolete inventory of the Company’s continuing operations was approximately $99,000.
Property and Equipment	'
	Property and Equipment
	Property and equipment consist of furniture, fixtures, and equipment and leasehold improvements and are recorded at cost. Expenditures for major additions and improvements are capitalized, and minor replacements, maintenance, and repairs are charged to expense as incurred. When property and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations for the respective period. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method. The estimated useful life for furniture, fixtures and equipment ranges from three to ten years. Amortization of leasehold improvements is computed using the straight-line method over the shorter of the remaining lease term or the estimated useful lives of the improvements. For the three-month periods ended June 30, 2013 and 2012, the Company recorded approximately $19,000 and $30,000 of depreciation and amortization expense from continuing operations, respectively. For the nine-month periods ended June 30, 2013 and 2012, the Company recorded approximately $56,000 and $83,000 of depreciation and amortization expense from continuing operations, respectively.
Income Taxes	'
	Income Taxes
	The Company accounts for its income taxes in accordance with accounting principles generally accepted in the United States of America, which requires, among other things, recognition of future tax benefits and liabilities measured at enacted rates attributable to temporary differences between financial statement and income tax bases of assets and liabilities and to net tax operating loss carry-forwards to the extent that realization of these benefits is more likely than not. The Company periodically evaluates the realizability of its net deferred tax assets. See Note 8 to these Notes to Consolidated Financial Statements. The Company’s policy is to account for interest and penalties relating to income taxes, if any, in “income tax expense” in its consolidated statements of operations and comprehensive income (loss) and include accrued interest and penalties within the “accrued liabilities” in its consolidated balance sheets, if applicable. For the three and nine month periods ended June 30, 2013 and 2012, no income tax related interest or penalties were assessed or recorded.
6% Senior Convertible Preferred Stock	'
	6% Senior Convertible Preferred Stock
	Temporary Equity
	In accordance with Accounting Standards Codification (“ASC”) 480-10-s99 and Accounting Series Release (“ASR”) ASR 268, equity securities are required to be classified out of permanent equity and classified as temporary equity, as the redemption of the convertible preferred stock is not solely within the control of the Company since it is at the option of the holder.
	Warrants
	In accordance with ASC 815-40, the Company’s warrants have been classified as a liability, at fair value, as a result of a related registration rights agreement that contains certain requirements for registering the underlying common shares, but has no provision for penalties upon the failure to register. At each balance sheet date, this liability’s fair value will be re-measured and adjusted.The liability associated with the warrants is included in the “Accrued expenses and other current liabilities” line of the consolidated balance sheet.
	Preferred Stock Accretion
	The carrying amount of the convertible preferred stock is less than the redemption value. As a result of the Company’s determination that redemption is probable, the carrying value will be increased by periodic accretions so that the carrying value will equal the redemption amount at the earliest redemption date. Such accretion is recorded as a preferred stock dividend.
	Preferred Stock Beneficial Conversion Feature
	On the date of issuance, the fair value, or carrying amount, of the securities could be converted into common stock at a discount to the market price of the underlying common stock at the conversion date. Such embedded “beneficial conversion feature”, which is equal to the difference between the accounting conversion price and the fair value of the common stock, is analogous to a dividend and has been recorded as a return to preferred stockholders as of the date of issuance, which is the earliest possible conversion date.
Revenue Recognition	'
	Revenue Recognition
	The Company generally recognizes revenue from product sales to its customers when: (1) title and risk of loss are transferred (in general, these conditions occur at either point of shipment or point of destination, depending on the terms of sale); (2) persuasive evidence of an arrangement exists; (3) the Company has no continuing obligations to the customer; and (4) collection of the related accounts receivable is reasonably assured.
Shipping and Handling Costs	'
	Shipping and Handling Costs
	The Company classifies shipping and handling costs including inbound and outbound freight charges, purchasing and receiving costs, inspection costs, warehousing costs, internal transfer costs, and other costs associated with the Company’s Asia-based distribution capability, as a component of cost of goods sold in the accompanying consolidated statements of operations and comprehensive income (loss).
Foreign Currency Transactions	'
	Foreign Currency Transactions
	The functional currency of the Company and its wholly-owned foreign subsidiaries is the U.S. dollar (except for Forward UK, which is the British Pound). Foreign currency transactions may generate receivables or payables that are fixed in terms of the amount of foreign currency that will be received or paid. Fluctuations in exchange rates between such foreign currency and the functional currency increase or decrease the expected amount of functional currency cash flows upon settlement of the transaction. These increases or decreases in expected functional currency cash flows are foreign currency transaction gains or losses that are included in “other income (expense), net” in the accompanying consolidated statements of operations and comprehensive income (loss). The approximate net losses from foreign currency transactions for continuing operations was $(3,000) and $(26,000) for the three-month periods ended June 30, 2013 and 2012, respectively. For the nine-month periods ended June 30, 2013 and 2012, the Company recorded $(17,000) and $(46,000), respectively, in approximate foreign currency transaction losses. Such foreign currency transaction losses were primarily the result of Euro denominated sales to certain customers.
Accumulated Other Comprehensive Loss	'
	Accumulated Other Comprehensive Loss
	Accumulated other comprehensive loss, which is included as a component of shareholders’ equity, includes unrealized gains or losses on available-for-sale securities (as of September 30, 2012) and currency translation adjustments related to the Company’s foreign subsidiaries.
Fair Value of Financial Instruments	'
	Fair value of financial instruments
	For certain of the Company’s financial instruments, including cash and cash equivalents, accounts receivable, accounts payable, and other accrued liabilities, the carrying amount approximates fair value due to the short-term maturities of these instruments. The Company records its financial instruments that are accounted for under Accounting Standard Codification (“ASC”) 320, “Investments-Debt and Equity Securities” (“ASC 320”) at fair value. In addition, the Company records its warrant liability at fair value. The determination of fair value is based upon the fair value framework established by ASC 820 “Fair Value Measurement”. ASC 820 provides that a fair value measurement assumes that the transaction to sell an asset or transfer a liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The fair value hierarchy is broken down into three levels based on the source of inputs as follows: (a) Level 1 – valuations based on unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; (b) Level 2 – valuations based on quoted prices in markets that are not active, or financial instruments for which all significant inputs are observable; either directly or indirectly; and (c) Level 3 – valuations based on prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable, thus, reflecting assumptions about the market participants.
Share-Based Compensation	'
	Share-Based Compensation
	The Company recognizes share-based compensation in its consolidated statements of operations and comprehensive income (loss) at the grant-date fair value of stock options and other equity-based compensation. The determination of grant-date fair value is estimated using the Black-Scholes option-pricing model, which includes variables such as the expected volatility of the Company’s share price, the exercise behavior of its grantees, interest rates, and dividend yields. These variables are projected based on the Company’s historical data, experience, and other factors. In the case of awards with multiple vesting periods, the Company has elected to use the graded vesting attribution method, which recognizes compensation cost on a straight-line basis over each separately vesting portion of the award as if the award was, in-substance, multiple awards. Refer to Note 6 Share-Based Compensation. In addition, the Company recognizes share-based compensation to non-employees based upon the fair value, using the Black-Scholes option pricing model, determined at the deemed measurement dates over the related contract service period.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	In February 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update 2013-02 “Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income” (“ASU 2013-02”). ASU 2013-02 requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. ASU 2013-02 is effective for annual periods and interim periods within those periods beginning after December 15, 2012. ASU 2013-02 will be effective for the Company beginning in the first quarter of fiscal 2014 and is not expected to have a material impact on the Company’s Consolidated Financial Statements.
	In July 2013, the FASB issued ASU No. 2013-11, Income Taxes (ASC Topic 740) - Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. The objective is to end some inconsistent practices with regard to the presentation on the balance sheet of unrecognized tax benefits. The update is effective for financial statement periods beginning after December 15, 2013, with early adoption permitted. The Company will adopt this standard beginning January 1, 2014. The Company does not expect these changes to have a material impact on its consolidated financial statements.

Fair_Value_of_marketable_secur

Fair Value of marketable securities (Table)	9 Months Ended
Fair Value of marketable securities (Table)	Jun. 30, 2013
MARKETABLE SECURITIES {2}	'
Fair value of Marketable Securities	'
		June 30,	September 30,
		2013	2012
	Trading:
	Cost..........................................................................	$532,445	$--
	Unrealized Losses..................................................	-126,724	--
	Total Fair Value..............................................	$405,721	$--

	Available-for-sale:
	Cost..........................................................................	$--	$444,349
	Unrealized Gains.....................................................	--	4,764
	Unrealized Losses..................................................	--	-28,508
	Total Fair Value..............................................	$--	$420,605
	The net loss on marketable securities for the three and nine-month periods ended June 30, 2013 was approximately $(702,000) and $(374,000), respectively, in the accompanying consolidated statements of operations and comprehensive income (loss).
	The following table presents the Company’s fair value hierarchy for assets, consisting of marketable securities, measured at fair value on a recurring basis at June 30, 2013 and September 30, 2012:
		Level 1	Level 2	Level 3	Total

	Equity securities............................	$405,721	$--	$--	$405,721
	Total assets at fair value at June 30, 2013...........................	$405,721	$--	$--	$405,721

	Equity securities............................	$420,605	$--	$--	$420,605
	Total assets at fair value at September 30, 2012................	$420,605	$--
		$420,605	$--	$--	$420,605

SUMMARY_OF_RESTATEMENT_OF_PREV

SUMMARY OF RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (TABLE)	9 Months Ended
	Jun. 30, 2013
SUMMARY OF RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (TABLE):	'
SUMMARY OF RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (TABLE)	'

	Consolidated Balance Sheets (Unaudited) As of June 30, 2013	Previously		Restatement
		Reported		Adjustments		As Restated
	Assets:
	Current assets:
	Cash and cash equivalents..............................................................	$5,011,600		$ --		$5,011,600
	Marketable securities........................................................................	405,721		--		405,721
	Accounts receivable, net .................................................................	6,222,761		--		6,222,761
	Inventories, net..................................................................................	2,363,833		--		2,363,833
	Prepaid expenses and other current assets....................................	755,826		--		755,826
	Assets of discontinued operations..................................................	312,319		--		312,319
	Total current assets.............................................................	15,072,060		--		15,072,060

	Property and equipment, net...........................................................	123,533		--		123,533
	Other assets.........................................................................................	40,442		--		40,442
	Total Assets............................................................................................	$15,236,035		$ --		$15,236,035

	Liabilities and shareholders’ equity
	Current liabilities:
	Accounts payable...............................................................................	$4,223,383		$ --		$4,223,383
	Accrued expenses and other current liabilities..............................	868,741		51,281		920,022
	Liabilities of discontinued operations.............................................	35,391		--		35,391
	Total current liabilities......................................................	5,127,515		51,281		5,178,796

	Other liabilities....................................................................................	82,811		--		82,811
	Total Liabilities....................................................................................	5,210,326		51,281		5,261,607

	6% Senior Convertible Preferred Stock, par value $0.01 per share; 1,500,000 shares authorized; 381,674 shares issued and outstanding (aggregate liquidation value of $750,000)....	447,983				397,089



				-50,894

	Commitments and contingencies

	Shareholders’ equity:
	Preferred stock, par value $0.01 per share; 4,000,000 shares authorized;	--				--

	no shares issued and outstanding..............................................

				--
	Series A Participating Preferred stock, par value $0.01; 100,000 authorized; no shares issued and outstanding..................................	--				--



				--
	Common stock, par value $0.01 per share; 40,000,000 shares authorized, 8,819,095 and 8,811,595 shares issued; and	88,191				88,191

	8,112,685 and 8,105,185 shares outstanding, respectively.

				--
	Additional paid-in capital...................................................................	17,353,932		293,063		17,646,995
	Treasury stock, 706,410 shares at cost............................................	-1,260,057		--		-1,260,057
	Accumulated deficit............................................................................	-6,582,790		-293,450		-6,876,240
	Accumulated other comprehensive loss..........................................	-21,550		--		-21,550
	Total shareholders’ equity...................................................................	9,577,726		-387		9,577,339
	Total liabilities and shareholders’ equity........................................	$15,236,035		$ --		$15,236,035



	Consolidated Statements of Operations and Comprehensive Loss (Unaudited)
	For the Three Month Period Ended June 30, 2013
		Previously Reported		Restatement Adjustments		As Restated
Net sales..............................................................................................................	$8,590,248		$ --		$8,590,248
Cost of goods sold.............................................................................................	6,747,066	,	--		6,747,066
Gross profit........................................................................................................	1,843,182		--		1,843,182

Operating expenses:
Sales and marketing.....................................................................................	602,038		--		602,038
General and administrative........................................................................	767,588		--		767,588
Total operating expenses..................................................................	1,369,626		--		1,369,626

Income from operations...................................................................................	473,556		--		473,556

Other income (expense):
Interest expense............................................................................................	-120		--		-120
Loss on marketable securities, net.............................................................	-702,377		--		-702,377
Other income (expense), net.......................................................................	2,897		--		2,897
Total other income (expense), net...................................................	-699,600		--		-699,600

Loss from continuing operations before income tax expense	-226,044		--		-226,044
Income tax expense............................................................................................	--		--		--
Loss from continuing operations	-226,044		--		-226,044
Loss from discontinued operations, net of tax benefit of $8,977..............	-18,659		--		-18,659
Net loss..................................................................................................................	-244,703		--		-244,703
Preferred stock dividends, accretion and beneficial conversion feature	--		-293,450		-293,450
Net loss applicable to common equity...........................................	($244,703)		($293,450)		($538,153)

Net loss..................................................................................................................	($244,703)		$ --		($244,703)
Other comprehensive loss:
Translation adjustments...........................................................................	-152		--		-152
Total other comprehensive loss....................................................	-152		--		-152
Comprehensive loss.........................................................................................	($244,855)		$ --		($244,855)

Net loss per basic and diluted common share:
Loss from continuing operations....................................................................	($0.03)		($0.04)		($0.07)
Loss from discontinued operations................................................................	$0.00		--		$0.00
Net loss per share..............................................................................................	($0.03)		($0.04)		($0.07)

Weighted average number of common and common equivalent shares outstanding
Basic.............................................................................................................	8,112,685		--		8,112,685
Diluted..........................................................................................................	8,112,685		--		8,112,685


Consolidated Statements of Operations and Comprehensive Income (Unaudited)
For the Nine Month Period Ended June 30, 2013

	Previously Reported		Restatement Adjustments		As Restated
Net sales..............................................................................................................	$23,350,344		$ --		$23,350,344
Cost of goods sold.............................................................................................	18,489,104	,	--		18,489,104
Gross profit........................................................................................................	4,861,240		--		4,861,240

Operating expenses:
Sales and marketing.....................................................................................	1,620,880		--		1,620,880
General and administrative........................................................................	2,612,398		--		2,612,398
Total operating expenses..................................................................	4,233,278		--		4,233,278

Income from operations...................................................................................	627,962		--		627,962

Other income (expense):
Interest income (expense)...........................................................................	-376		--		-376
Loss on marketable securities, net.............................................................	-374,160		--		-374,160
Other income (expense), net.......................................................................	-11,285		--		-11,285
Total other income (expense), net...................................................	-385,821		--		-385,821

Income from continuing operations before income tax expense	242,141		--		242,141
Income tax expense............................................................................................	507		--		507
Income from continuing operations	241,634		--		241,634
Loss from discontinued operations, net of tax benefit of $6,002..............	-199,498		--		-199,498
Net income............................................................................................................	42,136		--		42,136
Preferred stock dividends, accretion and beneficial conversion feature............................................................................................................	--		-293,450		-293,450
Net income (loss) applicable to common equity..........................	$42,136		($293,450)		($251,314)

Net income............................................................................................................	$42,136		$ --		$42,136
Other comprehensive income (loss):
Change in unrealized gains on marketable securities..........................	23,744		--		23,744
Translation adjustments...........................................................................	-9,353		--		-9,353
Total other comprehensive income..............................................	14,391		--		14,391
Comprehensive income...................................................................................	$56,527		$ --		$56,527

Net income (loss) per basic and diluted common share:
Income (loss) from continuing operations....................................................	$0.03		($0.04)		($0.01)
Loss from discontinued operations................................................................	($0.02)		--		($0.02)
Net income (loss) per share............................................................................	$0.01		($0.04)		($0.03)

Weighted average number of common and common equivalent shares outstanding
Basic.............................................................................................................	8,110,734		--		8,110,734
Diluted..........................................................................................................	8,120,909		10,175		8,110,734

Schedule_of_deferred_taxes_Tab

Schedule of deferred taxes (Table)	9 Months Ended
Schedule of deferred taxes (Table)	Jun. 30, 2013
Schedule of deferred taxes (Table)	'
Schedule of Deferred Tax Assets and Liabilities	'
	The Company’s provision (benefit) for income taxes consists of the following United States Federal and State, and foreign components:
		For the Three-Month Periods Ended June 30,		For the Nine-Month Periods Ended June 30,
		2013	2012	2013	2012
	Current:
	Federal.......................................	$--	$--	$--	$--
	State...........................................	--	--	75	--
	Foreign......................................	-8,977	-130	-5,570	4,850

	Deferred:
	Federal.....................................	-99,438	367,299	82,082	-443,941
	State.........................................	-5,675	20,966	4,683	-25,764
	Foreign....................................	2,068	-144,343	-10,682	-188,495

	Change in valuation allowance.	103,045	-243,922	-76,083	658,200
	Income tax (benefit) expense.....	($8,977)	$ (130)	($5,495)	$ 4,850

Warrants_Table

Warrants (Table)	9 Months Ended
Warrants (Table)	Jun. 30, 2013
Warrants (Table)	'
Schedule of Derivative Financial Instruments Indexed to, and Potentially Settled in, Entity's Own Stock, Equity	'
	Risk-free interest rate	2.50%
	Dividend yield	--
	Volatility	30.00%
	Expected term (in years)	10.5
	The change in the fair value of the convertible preferred stock warrant liability for the three and nine months ended June 30, 2013 is summarized below:
	Opening balance	$ 0
	Issuance of convertible preferred stock warrant	312,973
	Decrease in fair value	0
	Closing balance	$312,973
	The following table presents the Company's fair value hierarchy for liabilties, consisting of a warrant liability, measured at fair value, prior to issuance costs, on a recurring basis at September 30, 2013.
		Level 1	Level 2	Level 3	Total
	Warranty liability	$--	$--	$312,973	$312,973
Schedule of Stockholders' Equity Note, Warrants or Rights	'
	The following table summarizes stock option activity under the 2011 Plan and 2007 Plan, from September 30, 2012 through June 30, 2013 (there was no activity during such period with respect to the 1996 Plan grants):
		Shares	Weighted AverageExercise Price	Weighted AverageRemaining Contractual Term (Years)


					Aggregate Intrinsic Value
	Outstanding at September 30, 2012	1,142,000	$3.31	4.2	$ --
	Granted..............................................	120,000	1.14	9.3	--
	Exercised...........................................	--	--	--	--
	Forfeited............................................	-365,000	3.43	--	--
	Expired..............................................	--	--	--	--
	Outstanding at June 30, 2013	897,000	$2.98	6.5	$ --

	Options expected to vest at June 30, 2013..................................	375,151	$2.88	8.4	$--

	Options vested and exercisable at June 30, 2013..................................	482,166	$3.03	4.9	$--

Changes_in_shareholders_equity

Changes in shareholder's equity (Table)	9 Months Ended
Changes in shareholder's equity (Table)	Jun. 30, 2013
Changes in shareholder's equity (Table):	'
Changes in shareholder's equity (Table)	'
	Changes in shareholders’ equity for the nine-month period ended June 30, 2013 are summarized below:
			Common Stock				Treasury Stock
		Total	Number of Shares	Par Value	Additional Paid-in Capital	Retained Earnings (Accumulated Deficit)	Number of Shares	Amount	Accumulated Other Comprehensive Income (Loss)
	Balance at September 30, 2012	$9,187,963	8,811,595	$88,116	$17,020,771	($6,624,926)	706,410	($1,260,057)	($35,941)
	Share-based compensation	333,236	7,500	75	333,161	--	--	--	--
	Preferred stock accretion	-387	--	--	--	-387	--	--	--
	Beneficial conversion on preferred stock	--	--	--	293,063	-293,063	--	--	--
	Foreign currency translation	-9,353	--	--	--	--	--	--	-9,353
	Net reclassification of adjustments on marketable securities	23,744	--	--	--	--	--	--	23,744
	Net income	42,136	--	--	--	42,136	--	--	--
	Balance at June 30, 2013, as Restated (Note 2)	$9,577,339	8,819,095	$88,191	$17,646,995	($6,876,240)	706,410	($1,260,057)	($21,550)

Fair_value_of_Compensation_Rel

Fair value of Compensation Related Costs, Share Based Payments (Table)	9 Months Ended
	Jun. 30, 2013
Fair value of Compensation Related Costs, Share Based Payments (Table)	'
Schedule of Share-based Compensation, Stock Options and Stock Appreciation Rights Award Activity	'
	The fair value of each stock option on the date of grant was estimated using the Black-Scholes option-pricing formula applying the following assumptions for each respective period:
		For the Nine-Month Periods Ended June 30,
		2013	2012
	Expected term (in years)	5	3.0 to 5.0
	Risk-free interest rate..........	0.6%-0.7%	0.04% to 0.83%
	Expected volatility..............	70.0%-70.4%	63% to 69%
	Expected dividend yield.....	0%	0%
	Forfeiture rate......................	5%	13%
Schedule of Share-based Compensation, Stock Options, Activity	'
	The following table summarizes restricted stock activity under the 2011 Plan and 2007 Plan from September 30, 2012, through June 30, 2013.
			Weighted Average Grant Date Fair Value


		Shares
	Non-vested balance at September 30, 2012..................................	7,500	$2.02
	Changes during the period:
	Shares granted...........................................................................	371,375	1.16
	Shares vested............................................................................	-7,500	2.02
	Shares forfeited.........................................................................	--	--
	Non-vested balance at June 30, 2013...........................................	371,375	$1.16

Summary_of_Discontinued_Operat

Summary of Discontinued Operations and Disposal Groups (Table)	9 Months Ended
	Jun. 30, 2013
Summary of discontinued Operations (Table)	'
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures	'

		For the Three-Month Periods Ended June 30		For the Nine-Month Periods Ended June 30,
		2013	2012	2013	2012
	Net sales....................................................	($9,701)	$430,540	$388,530	$2,093,718
	Gross profit (loss) ....................................	-10,223	-1,524,337	85,599	-1,084,894
	Operating expenses.................................	-21,752	-1,138,487	-298,968	-3,594,979
	Other income (expense)..........................	4,333	-15,251	7,861	-42,343
	Loss from discontinued operations, net of tax expense (benefit) of $(8,977) and $(130); and $(6,002) and $4,850, respectively.....................	($18,659)	($2,678,075)	($199,498)	($4,722,216)

	Summarized assets and liabilities of discontinued operations are presented in the following table:
		June 30,	September 30,
		2013	2012
	Accounts receivable, net..............................................................................	$--	$26,186
	Inventories, net..............................................................................................	179,028	350,942
	Prepaid assets and other current assets.....................................................	133,291	244,751
	Total assets of discontinued operations..........................................	$312,319	$621,879

	Accounts payable..........................................................................................	$24,286	$45,874
	Accrued liabilities....................................	11,105	215,932
	Total liabilities of discontinued operations........	$35,391	$261,806

Geographical_Segment_Reporting

Geographical Segment Reporting (Table)	9 Months Ended
Geographical Segment Reporting (Table)	Jun. 30, 2013
Geographical Segment Reporting (Table)	'
Schedule of Segment Reporting Information, by Segment	'
	Revenues from External Customers
	The following table presents net sales by geographic region.
		(dollars in millions)		(dollars in millions)
		For the Three-Month Periods Ended June 30,		For the Nine-Month Periods Ended June 30,
		2013	2012	2013	2012
	Americas:
	United States...................................	$2.10	$2.70	$7.50	$5.90
	Other.................................................	0.8	0.5	1.2	1.1
	Total Americas...............................	2.9	3.2	8.7	7

	APAC:
	Hong Kong......................................	2.9	2.6	5.5	7.4
	Other.................................................	0.9	0.7	2.6	1.5
	Total APAC.....................................	3.8	3.3	8.1	8.9

	Europe:
	Germany...........................................	1.1	0.4	4.7	2.6
	Poland..............................................	0.6	0.7	1.7	1.2
	Other................................................	0.2	0.1	0.2	0.4
	Total Europe...................................	1.9	1.2	6.6	4.2
	Total net sales*.............................	$8.60	$7.70	$23.40
	Total net sales*.............................	$8.60	$7.70	$23.40	$20.00
	* Table may not total due to rounding.
Schedule of Assets	'
	Long-Lived Assets (Net of Accumulated Depreciation and Amortization)
	Identifiable long-lived assets, consisting predominately of property and equipment, by geographic region are as follows:
		(dollars in thousands)
		As of June 30,	As of September 30, 2012
		2013	As of September 30, 2012
	Americas.....................................................	$163	$178
	Europe........................................................	1	1
	Total Long-Lived Assets (net).................	$164	$179

Changes_as_per_restatement_of_

Changes as per restatement of financial statements (Details) (USD $)	3 Months Ended
	Jun. 30, 2013
Restatement of financial statements details	'
Company restated financial statementsdue to the recognition of a non-cash deemed dividend related to a beneficial conversion feature present in the Company's 6% Senior Convertible Preferred Stock	$293,000
Amount adjusted in the carrying value of the convertible preferred stock and warrants approximately as per restatement	$51,000

Accounting_Policies_Details

Accounting Policies. (Details) (USD $)	Jun. 30, 2013	Sep. 30, 2012
Accounting Policies Details	'	'
Cash holdings in excess of Fdic limit in millions	3.8	'
Term of Short Term Bonds maturity in days	90	'
Allowance for doubtful accounts with respect to continuing operations	$22,000	'
Allowance for obsolete inventory of the Company's continuing operations	'	$99,000
Minimum estimated useful life for furniture, fixtures and equipment	3	'
Maximum estimated useful life for furniture, fixtures and equipment	10	'

Accounting_Policies_2_Details

Accounting Policies 2 (Details) (USD $)	3 Months Ended		9 Months Ended
Accounting Policies 2 (Details) (USD $)	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Accounting Policies 2 Details	'	'	'	'
Depreciation and amortization expense from continuing operations on property and equipment	$19,000	$30,000	$56,000	$83,000
Approximate net losses from foreign currency transactions for continuing operations	($3,000)	($26,000)	($17,000)	($46,000)

Summary_of_operating_results_o

Summary of operating results of discontinued operations (Details) (USD $)	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Summary of operating results of discontinued operations	'	'	'	'
Net sales....................................................	($9,701)	$430,540	$388,530	$2,093,718
Gross profit (loss) ....................................	-10,223	-1,524,337	85,599	-1,084,894
Operating expenses.................................	-21,752	-1,138,487	-298,968	-3,594,979
Other income (expense)..........................	4,333	-15,251	7,861	-42,343
Loss from discontinued operations, net of tax expense (benefit) of $(8,977) and $(130); and $(6,002) and $4,850, respectively.....................	($18,659)	($2,678,075)	($199,498)	($4,722,216)

Summary_of_operating_results_o1

Summary of operating results of discontinued operations parentheticals (Details) (USD $)	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Summary of operating results of discontinued operations parentheticals	'	'	'	'
Tax effect on Loss from discontinued operations	($8,977)	($130)	($6,002)	$4,850

Summarized_assets_and_liabilit

Summarized assets and liabilities of discontinued operations (Details) (USD $)	Jul. 03, 2013	Jun. 30, 2013	Sep. 30, 2012
Summarized assets and liabilities of discontinued operations	'	'	'
Accounts receivable, net,	'	$0	$26,186
Inventories, net,	'	179,028	350,942
Prepaid assets and other current assets ,	'	133,291	244,751
Total assets of discontinued operations ,	'	312,319	621,879
Accounts payable,	'	24,286	45,874
Accrued liabilities. ,	'	11,105	215,932
Total liabilities of discontinued operations,	'	35,391	261,806
Assets Of Disposal Group expected payments pursuant to a Settlement Agreement and General Release	'	311,000	'
G Form paid amount pursuant to Settlement Agreement and General Release	$31,000	'	'

Marketable_securities_classifi

Marketable securities classification (Details) (USD $)	Jun. 30, 2013	Sep. 30, 2012
Marketable securities classification	'	'
Cost	$532,445	$0
Unrealized Losses	-126,724	0
Total Fair Value	405,721	0
Cost,	0	444,349
Unrealized Gains	0	4,764
Unrealized Losses,	0	-28,508
Total Fair Value,	$0	$420,605

Fair_value_hierarchy_for_asset

Fair value hierarchy for assets (Details) (USD $)	Jun. 30, 2013	Sep. 30, 2012
Equity securities at June 30, 2013.	$405,721	'
Equity securities at June 30, 2013.	405,721	'
Total assets at fair value at June 30, 2013.	405,721	'
Equity securities at September 30, 2012	'	420,605
Total assets at fair value at September 30, 2012	'	420,605
Level 1	'	'
Equity securities at June 30, 2013.	405,721	'
Equity securities at June 30, 2013.	405,721	'
Total assets at fair value at June 30, 2013.	405,721	'
Equity securities at September 30, 2012	'	420,605
Total assets at fair value at September 30, 2012	'	420,605
Level 2	'	'
Equity securities at June 30, 2013.	0	'
Equity securities at June 30, 2013.	0	'
Total assets at fair value at June 30, 2013.	0	'
Equity securities at September 30, 2012	'	0
Total assets at fair value at September 30, 2012	'	0
Level 3	'	'
Equity securities at June 30, 2013.	0	'
Equity securities at June 30, 2013.	0	'
Total assets at fair value at June 30, 2013.	0	'
Equity securities at September 30, 2012	'	0
Total assets at fair value at September 30, 2012	'	$0

Effect_of_marketable_securitie

Effect of marketable securities reclassification (Details) (USD $)	3 Months Ended	9 Months Ended
	Jun. 30, 2013	Jun. 30, 2013
Effect of marketable securities reclassification	'	'
Gross loss on marketable securities	$0	($28,508)
Net loss on marketable securities	-702,000	-374,000
Gross gain on marketable securities	$0	$4,764

6_Senior_Convertible_Preferred

6% Senior Convertible Preferred Stock with Warrants (Details) (USD $)	Jun. 30, 2013	Jun. 28, 2013
6% Senior Convertible Preferred Stock with Warrants	'	'
Sale of shares of newly authorized 6% Senior Convertible Preferred Stock	'	381,674
Per share value of 6% Senior Convertible Preferred Stock	'	$0.01
Issue of warrants to purchase a total of shares of the Company's common stock	'	381,674
The total purchase price paid by Investors for each share of Convertible Preferred Stock and Warrant purchased	'	$1.97
Fair value of each share in respect of the Convertible Preferred Stock	'	$1.15
Fair value of each share in respect of the Warrant	'	$0.82
Gross proceeds of the Private Placement	'	750,000
Proceeds of private placement paid in cash	180,000	'
Net of issuance costs reflected in the "Cash and cash equivalents" line of the Company's consolidated balance sheets	69,000	'
Proceeds allocated to the Convertible Preferred Stock based upon their fair values	397,000	'
Proceeds allocated to the the Warrants based upon their fair values	284,000	'
The Private Placement included purchases of Securities by two directors of the Company	'	114,502
Warrants initial exercise price per share	'	$1.84
Each share of Convertible Preferred Stock is convertible into shares of Common Stock at an initial conversion price per share	'	$1.84
Carrying value of the Convertible Preferred Stock reflecting as temporary equity	397,000	'
Liability associated with the Warrants included in the "Accrued expenses and other current liabilities"	284,000	'
Net of issuance costs associated with the Warrants	29,000	'
Dividends on the Convertible Preferred Stock payable, on a cumulative basis, in cash, at the rate per annum of the Liquidation Preference	6.00%	'
Company recorded a preferred stock dividend in the amount	$293,000	'

BlackScholes_closedform_call_o

Black-Scholes closed-form call option pricing model assumptions (Details)	Jun. 30, 2013
Black-Scholes closed-form call option pricing model assumptions	'
Risk-free interest rate	2.50%
Dividend yield	0.00%
Volatility	30.00%
Expected term (in years)	10.5

Change_in_the_fair_value_of_th

Change in the fair value of the convertible preferred stock warrant liability (details) (USD $)	3 Months Ended	9 Months Ended
	Jun. 30, 2013	Jun. 30, 2013
Change in the fair value of the convertible preferred stock warrant liability	'	'
Opening balance	$0	$0
Issuance of convertible preferred stock warrant	312,973	312,973
Decrease in fair value	0	0
Closing balance	$312,973	$312,973

Companys_fair_value_hierarchy_

Company's fair value hierarchy for liabilties (details) (Warranty liability, USD $)	Jun. 30, 2013
Warranty liability	'
Level 1 warrant liability	$0
Level 1 warrant liability	0
Level 2 warrant liability	0
Level 3 warrant liability	312,973
Total warrant liability	$312,973

Stock_repurchase_Details

Stock repurchase (Details) (USD $)	Jun. 30, 2013
Stock repurchase	'
Authorized shares of "blank check" preferred stock	4,000,000
Authorized shares of 6% Senior Convertible Preferred Stock	1,500,000
Authorized shares of Series A Participating Preferred Stock	100,000
Company had repurchased an aggregate of shares	172,603
Company had repurchased an aggregate value of shares	$403,000

Restated_Statement_of_Changes_

Restated Statement of Changes in shareholders' equity (Details) (USD $)	Common Stock Number of Shares	Common Stock Par Value	Additional Paid-in Capital	Retained Earnings (Accumulated Deficit)	Treasury Stock Number of Shares	Treasury Stock Amount	Accumulated Other Comprehensive Income (Loss)	Total.
	Common Stock Number of Shares	Common Stock Par Value	USD ($)	USD ($)	Treasury Stock Number of Shares	Treasury Stock Amount	USD ($)	USD ($)
Balance at Sep. 30, 2012	8,811,595	88,116	17,020,771	-6,624,926	706,410	-1,260,057	-35,941	9,187,963
Share-based compensation,	7,500	75	333,161	'	'	'	'	333,236
Preferred stock accretion	'	'	'	($387)	'	'	'	($387)
Beneficial conversion on preferred stock	'	'	293,063	-293,063	'	'	'	'
Foreign currency translation,	'	'	'	'	'	'	-9,353	-9,353
Net reclassification of adjustments on marketable securities	'	'	'	'	'	'	23,744	23,744
Net income for the period	'	'	'	$42,136	'	'	'	$42,136
Balance at Jun. 30, 2013	8,819,095	88,191	17,646,995	-6,876,240	706,410	-1,260,057	-21,550	9,577,339

2011_Long_Term_Incentive_Plan_

2011 Long Term Incentive Plan (Details)	Jun. 30, 2013
2011 Long Term Incentive Plan	'
Authorized shares of common stock for grants of various types of equity awards to officers, directors, employees, consultants, and independent contractors	850,000
Compensation Committee approved awards of stock options to purchase shares of common stock to certain of the Company's executive officers and employees	1,020,000
Compensation Committee approved awards of stock options to purchase shares of common stock to a consultant	160,000
Compensation Committee approved awards of stock options to purchase shares of common stock to non-employee directors	130,000
Compensation Committee approved awards of stock options to purchase shares of common stock to to a non-employee executive officer	5,000
Number of shares were forfeited and reverted to, and are eligible for re-grant	530,500
The total shares of common stock available for grants of equity awards under the 2011 Plan	65,500
Expiry period of options in years	10
Expiry period of options in years for Options granted under a consulting agreement	3

2007_Equity_Incentive_Plan_Det

2007 Equity Incentive Plan (Details)	Jun. 30, 2013
2007 Equity Incentive Plan	'
Authorized shares of common stock for grants of restricted common stock and stock options to officers, employees, and non-employee directors of the Company	800,000
Compensation Committee approved awards of restricted common stock and stock options	977,375
Number of shares were forfeited and reverted to, and are eligible for re-grant under, the 2007 Plan	278,366
The total shares of common stock available for grants of equity awards under the 2007 Plan	100,991
Expiry period of options in years under the 2007 Plan	10

1996_Stock_Incentive_Plan_Deta

1996 Stock Incentive Plan (Details)	Jun. 30, 2013
1996 Stock Incentive Plan	'
Fully vested common stock options outstanding and unexercised under the plan	30,000

Stock_Option_Awards_Details

Stock Option Awards (Details) (USD $)	Jun. 30, 2013
Stock Option Awards	'
Compensation Committee has approved awards of stock options to purchase Under the 2011 and 2007 Plans	1,737,500
Awards covering shares from the 2007 Plan of common stock were forfeited	255,000
Awards covering shares from the 2011 Plan of common stock were forfeited	530,500
Total unrecognized compensation cost related to unvested stock option awards granted under the 2007 and 2011 Plans expected to be recognized	$193,000
Number of shares related to unvested stock option awards granted under the 2007 and 2011 Plans expected to be recognized	414,834

Recognized_compensation_cost_D

Recognized compensation cost (Details) (USD $)	3 Months Ended		9 Months Ended
Recognized compensation cost (Details) (USD $)	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Recognized compensation cost	'	'	'	'
Company recognized approximately an expense of compensation in continuing operations for stock option awards	$48,000	'	$176,000	'
Recovery of compensation in continuing operations for stock option awards	'	($81,000)	'	($142,000)
Stock options granted during the period by the Company	'	'	120,000	420,000
weighted average grant date fair value of options	'	'	$0.61	$0.96

Summary_of_stock_option_activi

Summary of stock option activity under 2011 Plan and 2007 Plan (Details)	Shares	Weighted Average Exercise Price	Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value
Outstanding at Sep. 30, 2012	1,142,000	3.31	4.2	0
Granted	120,000	1.14	9.3	0
Exercised	0	0	0	0
Forfeited	-365,000	3.43	0	0
Expired	0	0	0	0
Options vested and exercisable at Jun. 30, 2013	482,166	3.03	4.9	0
Options expected to vest at Jun. 30, 2013	375,151	2.88	8.4	0
Outstanding , at Jun. 30, 2013	897,000	2.98	6.5	0

The_fair_value_of_stock_option

The fair value of stock options estimated assumptions (Details)	3 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
The fair value of stock options estimated assumptions	'	'
Expected term (in years) minimum	5	3
Expected term (in years) maximum	5	5
Risk-free interest rate. Minimum	0.60%	0.04%
Risk-free interest rate. Maximum	0.70%	0.83%
Expected volatility. Minimum	70.00%	63.00%
Expected volatility. Maximum	70.40%	69.00%
Expected dividend yield.	0.00%	0.00%
Forfeiture rate.	5.00%	13.00%

Restricted_Stock_Awards_Detail

Restricted Stock Awards (Details) (USD $)	3 Months Ended		9 Months Ended
Restricted Stock Awards (Details) (USD $)	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Restricted Stock Awards	'	'	'	'
Under the 2011 Plan and 2007 Plan, the Compensation Committee has approved and granted awards of shares of restricted stock, in the aggregate, to certain key employees.	554,875	'	'	'
Vested awards of stock options	160,134	'	'	'
Restricted stock forfeited and reverted and are eligible for regrant under 2007 plan	23,366	'	'	'
Compensation expense recognized in continuing operations	$59,000	$1,000	$157,000	$4,000
Unrecognized compnesation expneses related to unvested restriceted stock awards under 2011 and 2007 plans	230,000	'	'	'
Total grant date fair value of restricted stock vested	'	'	$15,000	'
Warrants issued at an exercise price of $1.75 per share were outstanding	75,000	'	'	'
Expiration of warrants number of days	90	'	'	'

Restricted_stock_activity_unde

Restricted stock activity under the 2011 Plan and 2007 (Details)	Shares.	Weighted Average Grant Date Fair Value
Non-vested balance at Sep. 30, 2012	7,500	2.02
Shares granted	371,375	1.16
Shares vested	-7,500	2.02
Shares forfeited	0	0
Non-vested balance, at Jun. 30, 2013	371,375	1.16

Companys_provision_benefit_for

Company's provision (benefit) for income taxes consists of the following (Details) (USD $)	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Company's provision (benefit) for income taxes consists of the following	'	'	'	'
Federal	$0	$0	$0	$0
State	0	0	75	0
Foreign	-8,977	-130	-5,570	4,850
Federal.	-99,438	367,299	82,082	-443,941
State.	-5,675	20,966	4,683	-25,764
Foreign.	2,068	-144,343	-10,682	-188,495
Change in valuation allowance.	103,045	-243,922	-76,083	658,200
Income tax (benefit) expense.....	-8,977	-130	-5,495	4,850
Income tax benefit from discontinued operations attributable to Forward UK.	($9,000)	($100)	($6,000)	$5,000

Deferred_tax_assets_and_Liabil

Deferred tax assets and Liabilities (Details) (USD $)	Jun. 30, 2013	Sep. 30, 2012
Deferred tax assets and Liabilities	'	'
Unrecognized income tax benefits	$0	$0
Available total net operating loss carryforwards for U.S. Federal and state income tax	8,154,000	6,515,000
Deferred tax assets in respect of U.S. Federal and state income taxes	2,643,000	224,000
Company had total available net operating loss carryforwards for foreign income tax purposes	4,986,000	0
Deferred tax assets in respect of for foreign income tax purposes	439,000	0
Deferred tax assets in total	3,742,000	3,818,000
valuation allowances	3,742,000	3,818,000
Deferred tax assets net	0	0
Accrued interest and penalties related to uncertain tax positions	$0	$0

Dilutive_commonequivalent_shar

Dilutive common-equivalent shares (Details)	3 Months Ended		9 Months Ended
Dilutive common-equivalent shares (Details)	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Dilutive common-equivalent shares	'	'	'	'
Anti dilutive common-equivalent shares outstanding during each period	1,650,487	1,650,487	1,224,500	1,224,500

Employment_and_Agreements_Chie

Employment and Agreements - Chief Executive Officer (Details) (USD $)	Mar. 01, 2012
Employment and Agreements Chief Executive Officer	'
Under his employment agreement Mr. Robert Garrett Jr should receive an annual salary in the amount	$250,000
Signing bonus received by Mr. Robert Garrett Jr	9,167
In the first year of employment Mr. Garrett received a bonus	$50,000
Mr. Garrett's employment agreement also entitles him to awards of stock options to purchase an aggregate of shares of the Company's common stock pursuant to the 2011 Plan	200,000
Written notice period of intention not to renew the agreement	90

Employment_and_Agreements_Chie1

Employment and Agreements Chief Financial Officer (Details) (USD $)	Nov. 08, 2012	Apr. 01, 2011
Employment and Agreements Chief Financial Officer	'	'
Base salary of McKenna as per employment agreement per annum	'	$225,000
Base salary of McKenna as per employment agreement per annum after reduction	210,000	'
Eliminated housing allowance per annum which was paid pursuant to the Employment Agreement	90,000	'
Provision for a bonus payment in the amount less applicable withholdings and deductions payable to McKenna	172,456	'
Bonus payment attributed as a bonus to Mr. McKenna in Fiscal 2012, with the remainder to be attributed to future periods	$86,000	'

Guarantee_Obligation_Details

Guarantee Obligation (Details) (USD $)	Jun. 30, 2013
Guarantee Obligation	'
Repayment of any amount up to 75,000 paid by such bank to the logistics provider in order to satisfy such undertaking pursuant to the bank letter of guarantee	$98,000
Forward Switzerland has granted the Swiss bank a security interest in all of its assets of value	$1,245,000

Recovered_Sheet1

Buying Agency and Supply Agreement with Forward Industries Asia-Pacific Corporation (Details) (USD $)	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Buying Agency and Supply Agreement with Forward Industries Asia-Pacific Corporation	'	'	'	'
Forward China service fees included as a component of costs of goods sold in continuing operations	$306,000	$270,000	$798,000	$332,000

Recovered_Sheet2

Investment Management Agreement with LaGrange Capital Administration, L.L.C (Details) (USD $)	Jun. 30, 2013	Apr. 16, 2013
Investment Management Agreement with LaGrange Capital Administration, L.L.C	'	'
Asset-based fee payable per annum of the average Account Net Asset Value Pursuant to the Agreement	'	1.00%
Performance fee payableof the increase (if any) in the Account NAV over an annual period.	'	20.00%
Number of days of notice to be given Under the Agreement, the Company or its designees to make cash withdrawals from the Account	'	45
Company recognized expense in continuing operations related to asset based advisory fees	$6,000	'
Company recognized expense related to performance based advisory fees	$0	'

LongLived_Assets_Net_of_Accumu

Long-Lived Assets (Net of Accumulated Depreciation and Amortization) (Details) (dollars in thousands) (USD $)	Jun. 30, 2013	Sep. 30, 2012
Identifiable long-lived assets	'	'
Americas	$163	$178
Europe	1	1
Total Long-Lived Assets (net)	$164	$179

Revenues_from_External_Custome

Revenues from External Customers (Details) (dollars in millions) (USD $)	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Americas:	'	'	'	'
United States	$2.10	$2.70	$7.50	$5.90
Other Americas	0.8	0.5	1.2	1.1
Total Americas	2.9	3.2	8.7	7
APAC:	'	'	'	'
Hong Kong	2.9	2.6	5.5	7.4
Other APAC	0.9	0.7	2.6	1.5
Total APAC	3.8	3.3	8.1	8.9
Europe:	'	'	'	'
Germany	1.1	0.4	4.7	2.6
Poland	0.6	0.7	1.7	1.2
Other Europe	0.2	0.1	0.2	0.4
Total Europe	1.9	1.2	6.6	4.2
Total net sales*	$8.60	$7.70	$23.40	$20

Subsequent_transactions_Detail

Subsequent transactions (Details) (USD $)	Aug. 07, 2013
Subsequent transactions	'
Issue of additional shares of 6% Senior Convertible Preferred Stock in second Closing	139,947
Issue of Warrants to purchase shares of Common Stock to accredited investors in the Private Placement pursuant to the terms of securities purchase agreements	139,947
Gross proceeds of second closing	$425,000
Gross proceeds of initial closing	750,000
Gross proceeds of total issue	$1,175,000
Company sold a total of shares of 6% Senior Convertible Preferred Stock	597,956