$FKWL
FRANKLIN WIRELESS CORP Stock $fkwl

$fkwl Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000168316823008111 Filed on November 14, 2023

Income Statement

Concept	2023 Q4	2023 Q3	2023 Q2
Revenue	$8.848M	$9.656M	$17.00M
YoY Change	-1.51%	19.07%	39.98%
Cost Of Revenue	$8.011M	$8.142M	$14.57M
YoY Change	-0.33%	24.98%	38.18%
Gross Profit	$837.1K	$1.513M	$2.440M
YoY Change	-11.52%	-5.06%	52.47%
Gross Profit Margin	9.46%	15.67%	14.35%
Selling, General & Admin	$1.540M	$1.231M	$1.410M
YoY Change	15.28%	-0.72%	38.78%
% of Gross Profit	183.99%	81.33%	57.79%
Research & Development	$852.9K	$867.0K	$920.0K
YoY Change	-12.65%	-10.63%	-16.58%
% of Gross Profit	101.89%	57.29%	37.7%
Depreciation & Amortization	$254.4K	$11.39K	$250.0K
YoY Change	1691.07%	-28.0%	23.7%
% of Gross Profit	30.4%	0.75%	10.25%
Operating Expenses	$2.393M	$2.098M	$2.330M
YoY Change	3.49%	-5.07%	9.96%
Operating Profit	-$1.556M	-$584.5K	$110.0K
YoY Change	13.88%	-5.09%	-121.21%
Interest Expense	$499.2K	$55.04K	$250.0K
YoY Change	-56.05%	-106.19%	279.82%
% of Operating Profit			227.27%
Other Income/Expense, Net	$691.1K	$197.3K	$30.00K
YoY Change	-50.68%	-121.58%	-118.49%
Pretax Income	-$864.8K	-$387.3K	-$1.970M
YoY Change	-2565.62%	-74.69%	241.61%
Income Tax	-$215.2K	-$50.06K	-$320.0K
% Of Pretax Income
Net Earnings	-$764.6K	-$257.7K	-$1.610M
YoY Change	102.11%	-77.13%	129.07%
Net Earnings / Revenue	-8.64%	-2.67%	-9.47%
Basic Earnings Per Share	-$0.06	-$0.02
Diluted Earnings Per Share	-$0.06	-$0.02	-$0.14
COMMON SHARES
Basic Shares Outstanding	11.78M shares	11.78M shares	11.78M shares
Diluted Shares Outstanding	11.78M shares	11.78M shares

Balance Sheet

Concept	2023 Q4	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$32.75M	$33.65M	$39.00M
YoY Change	-5.17%	-17.45%	-8.48%
Cash & Equivalents	$5.242M	$6.845M	$12.24M
Short-Term Investments	$27.51M	$26.80M	$26.70M
Other Short-Term Assets	$247.2K	$147.8K	$100.0K
YoY Change	-16.68%	-17.09%	-53.65%
Inventory	$1.160M	$2.262M	$3.742M
Prepaid Expenses
Receivables	$13.45M	$9.921M	$8.950M
Other Receivables	$217.7K	$20.97K	$14.44K
Total Short-Term Assets	$47.82M	$46.09M	$51.86M
YoY Change	-5.21%	-1.86%	7.16%
LONG-TERM ASSETS
Property, Plant & Equipment	$96.54K	$92.13K	$101.1K
YoY Change	-20.49%	-21.13%	-4.59%
Goodwill	$273.3K	$273.3K	$273.3K
YoY Change	0.0%	0.0%	0.0%
Intangibles	$1.765M	$1.958M	$2.181M
YoY Change	-13.67%	17.25%	61.54%
Long-Term Investments
YoY Change
Other Assets	$138.6K	$124.2K	$126.5K
YoY Change	8.19%	6.86%	0.36%
Total Long-Term Assets	$4.775M	$4.811M	$5.070M
YoY Change	13.64%	20.16%	38.85%
TOTAL ASSETS
Total Short-Term Assets	$47.82M	$46.09M	$51.86M
Total Long-Term Assets	$4.775M	$4.811M	$5.070M
Total Assets	$52.59M	$50.90M	$56.93M
YoY Change	-3.76%	-0.13%	9.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$9.081M	$7.150M	$12.95M
YoY Change	-23.62%	-17.64%	59.03%
Accrued Expenses	$1.222M	$989.7K	$849.6K
YoY Change	140.6%	79.25%	44.02%
Deferred Revenue	$246.1K	$227.5K	$146.5K
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$12.96M	$10.85M	$16.51M
YoY Change	-0.19%	10.14%	77.93%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities			$0.00
YoY Change			-100.0%
Total Long-Term Liabilities	$0.00	$0.00	$0.00
YoY Change		-100.0%	-100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$12.96M	$10.85M	$16.51M
Total Long-Term Liabilities	$0.00	$0.00	$0.00
Total Liabilities	$12.96M	$10.85M	$16.51M
YoY Change	-0.19%	9.25%	74.93%
SHAREHOLDERS EQUITY
Retained Earnings	$28.08M	$28.84M	$29.10M
YoY Change	-7.81%	-6.47%	-8.96%
Common Stock	$14.26K	$14.26K	$14.26K
YoY Change	0.0%	0.71%	0.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$38.11M	$38.65M	$38.93M
YoY Change
Total Liabilities & Shareholders Equity	$52.59M	$50.90M	$56.93M
YoY Change	-3.76%	-0.13%	9.39%

Cashflow Statement

Concept	2023 Q4	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	-$764.6K	-$257.7K	-$1.610M
YoY Change	102.11%	-77.13%	129.07%
Depreciation, Depletion And Amortization	$254.4K	$11.39K	$250.0K
YoY Change	1691.07%	-28.0%	23.7%
Cash From Operating Activities	-$970.2K	-$5.223M	$5.160M
YoY Change	-84.29%	416.07%	-4750.32%
INVESTING ACTIVITIES
Capital Expenditures	$64.98K	$2.427K	$60.00K
YoY Change	-88.67%	-90.9%	-132.56%
Acquisitions
YoY Change
Other Investing Activities	-$705.7K	-$73.83K	-$10.32M
YoY Change	-48.64%	-106.83%	6.28%
Cash From Investing Activities	-$770.7K	-$98.76K	-$10.38M
YoY Change	-60.43%	-117.83%	4.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-1.030K	-$1.023K	-90.00K
YoY Change	-100.77%		-267.13%
NET CHANGE
Cash From Operating Activities	-970.2K	-$5.223M	5.160M
Cash From Investing Activities	-770.7K	-$98.76K	-10.38M
Cash From Financing Activities	-1.030K	-$1.023K	-90.00K
Net Change In Cash	-1.742M	-$5.397M	-5.310M
YoY Change	-78.19%	598.61%	-46.64%
FREE CASH FLOW
Cash From Operating Activities	-$970.2K	-$5.223M	$5.160M
Capital Expenditures	$64.98K	$2.427K	$60.00K
Free Cash Flow	-$1.035M	-$5.226M	$5.100M
YoY Change	-84.66%	403.05%	6854.86%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q3	dei	Amendment Flag AmendmentFlag	false
CY2023Q3	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
CY2023Q3	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2023Q3	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q3	dei	Entity Central Index Key EntityCentralIndexKey	0000722572
CY2023Q3	us-gaap	Accrued Income Taxes AccruedIncomeTaxes		usd
CY2023Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q3	dei	Document Type DocumentType	10-Q
CY2023Q3	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q3	dei	Document Period End Date DocumentPeriodEndDate	2023-09-30
CY2023Q3	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q3	dei	Entity File Number EntityFileNumber	001-14891
CY2023Q3	dei	Entity Registrant Name EntityRegistrantName	FRANKLIN WIRELESS CORP.
CY2023Q3	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2023Q3	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	95-3733534
CY2023Q3	dei	Entity Address Address Line1 EntityAddressAddressLine1	9707 Waples Street
CY2023Q3	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 150
CY2023Q3	dei	Entity Address City Or Town EntityAddressCityOrTown	San Diego
CY2023Q3	dei	Entity Address State Or Province EntityAddressStateOrProvince	CA
CY2023Q3	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	92121
CY2023Q3	dei	City Area Code CityAreaCode	(858)
CY2023Q3	dei	Local Phone Number LocalPhoneNumber	623-0000
CY2023Q3	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q3	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q3	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023Q3	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q3	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q3	dei	Entity Shell Company EntityShellCompany	false
CY2023Q3	dei	Security12b Title Security12bTitle	Common Stock, par value $.001 per share
CY2023Q3	dei	Trading Symbol TradingSymbol	FKWL
CY2023Q3	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2023Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	11784280	shares
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	6844719	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	12241286	usd
CY2023Q3	us-gaap	Short Term Investments ShortTermInvestments	26802145	usd
CY2023Q2	us-gaap	Short Term Investments ShortTermInvestments	26728313	usd
CY2023Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	9921362	usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	8949802	usd
CY2023Q3	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	20971	usd
CY2023Q2	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	14438	usd
CY2023Q3	us-gaap	Inventory Net InventoryNet	2262358	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	3741637	usd
CY2023Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	58811	usd
CY2023Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	36687	usd
CY2023Q3	FKWL	Loan To Employee LoanToEmployee	92080	usd
CY2023Q2	FKWL	Loan To Employee LoanToEmployee	91057	usd
CY2023Q3	us-gaap	Deposits Assets Current DepositsAssetsCurrent	88970	usd
CY2023Q2	us-gaap	Deposits Assets Current DepositsAssetsCurrent	53875	usd
CY2023Q3	us-gaap	Assets Current AssetsCurrent	46091416	usd
CY2023Q2	us-gaap	Assets Current AssetsCurrent	51857095	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	92125	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	101088	usd
CY2023Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1958466	usd
CY2023Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	2180884	usd
CY2023Q3	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	2286375	usd
CY2023Q2	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	2235515	usd
CY2023Q3	us-gaap	Goodwill Goodwill	273285	usd
CY2023Q2	us-gaap	Goodwill Goodwill	273285	usd
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	76730	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	152665	usd
CY2023Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	124152	usd
CY2023Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	126546	usd
CY2023Q3	us-gaap	Assets Assets	50902549	usd
CY2023Q2	us-gaap	Assets Assets	56927078	usd
CY2023Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	7149702	usd
CY2023Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	12950497	usd
CY2023Q2	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	6556	usd
CY2023Q3	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	227454	usd
CY2023Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	146488	usd
CY2023Q3	FKWL	Accrued Legal Contingency Expense AccruedLegalContingencyExpense	2400000	usd
CY2023Q2	FKWL	Accrued Legal Contingency Expense AccruedLegalContingencyExpense	2400000	usd
CY2023Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	989697	usd
CY2023Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	849605	usd
CY2023Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	79949	usd
CY2023Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	159104	usd
CY2023Q3	us-gaap	Liabilities Current LiabilitiesCurrent	10846802	usd
CY2023Q2	us-gaap	Liabilities Current LiabilitiesCurrent	16512250	usd
CY2023Q3	us-gaap	Liabilities Liabilities	10846802	usd
CY2023Q2	us-gaap	Liabilities Liabilities	16512250	usd
CY2023Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2022Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2023Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2022Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2023Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2022Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2023Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2023Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2023Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	11784280	shares
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11784280	shares
CY2022Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	11784280	shares
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11784280	shares
CY2023Q3	us-gaap	Common Stock Value CommonStockValue	14263	usd
CY2023Q2	us-gaap	Common Stock Value CommonStockValue	14263	usd
CY2023Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	14489785	usd
CY2023Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	14438196	usd
CY2023Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	28843529	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	29101225	usd
CY2023Q3	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	2549208	shares
CY2022Q2	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	2549208	shares
CY2023Q3	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	3554893	usd
CY2023Q2	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	3554893	usd
CY2023Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1145399	usd
CY2023Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1071930	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	38647285	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	38926861	usd
CY2023Q3	us-gaap	Minority Interest MinorityInterest	1408462	usd
CY2023Q2	us-gaap	Minority Interest MinorityInterest	1487967	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	40055747	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	40414828	usd
CY2023Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	50902549	usd
CY2023Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	56927078	usd
CY2023Q3	us-gaap	Revenues Revenues	9655546	usd
CY2022Q3	us-gaap	Revenues Revenues	8108940	usd
CY2023Q3	us-gaap	Cost Of Revenue CostOfRevenue	8142386	usd
CY2022Q3	us-gaap	Cost Of Revenue CostOfRevenue	6515078	usd
CY2023Q3	us-gaap	Gross Profit GrossProfit	1513160	usd
CY2022Q3	us-gaap	Gross Profit GrossProfit	1593862	usd
CY2023Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1230722	usd
CY2022Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1239635	usd
CY2023Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	866955	usd
CY2022Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	970120	usd
CY2023Q3	us-gaap	Operating Expenses OperatingExpenses	2097677	usd
CY2022Q3	us-gaap	Operating Expenses OperatingExpenses	2209755	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-584517	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-615893	usd
CY2023Q3	us-gaap	Interest And Other Income InterestAndOtherIncome	254015	usd
CY2022Q3	us-gaap	Interest And Other Income InterestAndOtherIncome	60062	usd
CY2023Q3	FKWL	Income Loss From Securities Other Us Government IncomeLossFromSecuritiesOtherUSGovernment	11100	usd
CY2022Q3	FKWL	Income Loss From Securities Other Us Government IncomeLossFromSecuritiesOtherUSGovernment	17147	usd
CY2023Q3	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-198974	usd
CY2022Q3	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-948887	usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	131115	usd
CY2022Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-42382	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	197256	usd
CY2022Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-914060	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-387261	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1529953	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-50060	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-103383	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	-337201	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	-1426570	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-79505	usd
CY2022Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-299579	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-257696	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	-1126991	usd
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.10
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.10
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11784280	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11784280	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11684280	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11684280	shares
CY2023Q3	us-gaap	Profit Loss ProfitLoss	-337201	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	-1426570	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-73469	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-314218	usd
CY2023Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-410670	usd
CY2022Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-1740788	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-79505	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-299579	usd
CY2023Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-331165	usd
CY2022Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1441209	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	40414828	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-257696	usd
CY2023Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-73469	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-79505	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	51589	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	40055747	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	42602395	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	-1126991	usd
CY2022Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-314208	usd
CY2022Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-299579	usd
CY2022Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	180745	usd
CY2022Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	41042352	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	-337201	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	-1426570	usd
CY2023Q3	us-gaap	Depreciation Depreciation	11390	usd
CY2022Q3	us-gaap	Depreciation Depreciation	15819	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	244918	usd
CY2022Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	179894	usd
CY2023Q3	us-gaap	Share Based Compensation ShareBasedCompensation	51589	usd
CY2022Q3	us-gaap	Share Based Compensation ShareBasedCompensation	180745	usd
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	75935	usd
CY2022Q3	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	72836	usd
CY2023Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-50860	usd
CY2022Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-104183	usd
CY2023Q3	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	978093	usd
CY2022Q3	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-388567	usd
CY2023Q3	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1479279	usd
CY2022Q3	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	855392	usd
CY2023Q3	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	22124	usd
CY2022Q3	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-8707	usd
CY2023Q3	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	35095	usd
CY2022Q3	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	-28776	usd
CY2023Q3	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-2394	usd
CY2022Q3	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-9909	usd
CY2023Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-5800795	usd
CY2022Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	537395	usd
CY2023Q3	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-6556	usd
CY2022Q3	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-4932	usd
CY2023Q3	FKWL	Increase Decrease In Advance Payment From Customers IncreaseDecreaseInAdvancePaymentFromCustomers	21434	usd
CY2022Q3	FKWL	Increase Decrease In Advance Payment From Customers IncreaseDecreaseInAdvancePaymentFromCustomers	0	usd
CY2023Q3	FKWL	Increase Decrease In Unearned Revenue From Customers IncreaseDecreaseInUnearnedRevenueFromCustomers	59532	usd
CY2022Q3	FKWL	Increase Decrease In Unearned Revenue From Customers IncreaseDecreaseInUnearnedRevenueFromCustomers	70113	usd
CY2023Q3	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-79155	usd
CY2022Q3	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-76057	usd
CY2023Q3	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	140092	usd
CY2022Q3	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-37767	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-5223316	usd
CY2022Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1012140	usd
CY2023Q3	us-gaap	Payments For Proceeds From Investments PaymentsForProceedsFromInvestments	73832	usd
CY2022Q3	us-gaap	Payments For Proceeds From Investments PaymentsForProceedsFromInvestments	-1080659	usd
CY2023Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2427	usd
CY2022Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	26674	usd
CY2023Q3	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	22500	usd
CY2022Q3	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	493250	usd
CY2023Q3	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	-0	usd
CY2022Q3	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	6854	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-98759	usd
CY2022Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	553881	usd
CY2023Q3	FKWL	Increase Decrease In Loan To Employee IncreaseDecreaseInLoanToEmployee	1023	usd
CY2022Q3	FKWL	Increase Decrease In Loan To Employee IncreaseDecreaseInLoanToEmployee	-0	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1023	usd
CY2022Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	0	usd
CY2023Q3	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	-73469	usd
CY2022Q3	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	-314218	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-5396567	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-772477	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	12241286	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	26277418	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6844719	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	25504941	usd
CY2023Q3	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-45800	usd
CY2022Q3	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-800	usd
CY2023Q3	us-gaap	Minority Interest MinorityInterest	1408462	usd
CY2023Q3	us-gaap	Minority Interest Period Increase Decrease MinorityInterestPeriodIncreaseDecrease	79505	usd
CY2023Q2	us-gaap	Minority Interest MinorityInterest	1487967	usd
CY2023Q3	us-gaap	Minority Interest Period Increase Decrease MinorityInterestPeriodIncreaseDecrease	79505	usd
CY2023Q3	us-gaap	Gain Or Loss On Sale Of Stock In Subsidiary GainOrLossOnSaleOfStockInSubsidiary	236217	usd
CY2023Q3	us-gaap	Revenues Revenues	9655546	usd
CY2022Q3	us-gaap	Revenues Revenues	8108940	usd
CY2023Q3	FKWL	Property And Equipment And Intangible Assets PropertyAndEquipmentAndIntangibleAssets	2050591	usd
CY2022Q2	FKWL	Property And Equipment And Intangible Assets PropertyAndEquipmentAndIntangibleAssets	2281972	usd
CY2023Q3	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_848_eus-gaap--UseOfEstimates_zgMs5gDMF8cg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><span id="xdx_86D_zGxPot3N8bT1">Use of Estimates </span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The preparation of the 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 disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could materially differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p>
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	usd
CY2023Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	9921362	usd
CY2022Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	8949802	usd
CY2023Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	227455	usd
CY2022Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	146488	usd
CY2023Q3	us-gaap	Capitalized Costs Of Unproved Properties Excluded From Amortization CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization	239624	usd
CY2022Q3	us-gaap	Capitalized Costs Of Unproved Properties Excluded From Amortization CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization	166000	usd
CY2023Q3	us-gaap	Capitalized Software Development Costs For Software Sold To Customers CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers	131588	usd
CY2023Q3	FKWL	Income Tax Benefit IncomeTaxBenefit	50060	usd
CY2022Q3	FKWL	Income Tax Benefit IncomeTaxBenefit	103383	usd
CY2022Q2	us-gaap	Capitalized Software Development Costs For Software Sold To Customers CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers	203838	usd
CY2023Q3	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	22500	usd
CY2022Q3	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	493250	usd
CY2023Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	866955	usd
CY2022Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	970120	usd
CY2023Q3	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	585274	usd
CY2023Q3	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	50860	usd
CY2022Q3	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	104183	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	244918	usd
CY2022Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	179894	usd
CY2023Q3	FKWL	Schedule Of Property And Equipment Estimated Useful Life ScheduleOfPropertyAndEquipmentEstimatedUsefulLife	<table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--ScheduleOfPropertyAndEquipmentEstimatedUsefulLife_zSoutHuVLFGf" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 80%; margin-right: auto" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details - Useful lives)"> <tr style="vertical-align: bottom"> <td style="text-align: justify"><span id="xdx_8BB_zYMhMH5zYfy1" style="display: none">Schedule of useful lives of property and equipment</span></td><td> </td> <td style="text-align: right"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 49%; text-align: justify">Machinery</td><td style="width: 1%"> </td> <td style="width: 50%; text-align: right"><span id="xdx_90F_ecustom--PropertyPlantAndEquipmentUsefulLife1_c20230701__20230930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember_zmbD5skzXIG9" title="Estimated useful lives">6</span> years</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Office equipment</td><td> </td> <td style="text-align: right"><span id="xdx_900_ecustom--PropertyPlantAndEquipmentUsefulLife1_dtY_c20230701__20230930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zBai7ocJxxs9" title="Estimated useful lives">5</span> years</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: justify">Molds</td><td> </td> <td style="text-align: right"><span id="xdx_902_ecustom--PropertyPlantAndEquipmentUsefulLife1_dtY_c20230701__20230930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ToolsDiesAndMoldsMember_zIzgIIdHPEel" title="Estimated useful lives">3</span> years</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Vehicles</td><td> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--PropertyPlantAndEquipmentUsefulLife1_dtY_c20230701__20230930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_zBfQKGZVCpm4" title="Estimated useful lives">5</span> years</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: justify">Computers and software</td><td> </td> <td style="text-align: right"><span id="xdx_909_ecustom--PropertyPlantAndEquipmentUsefulLife1_dtY_c20230701__20230930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_zU287E7a9KUe" title="Estimated useful lives">5</span> years</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Furniture and fixtures</td><td> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--PropertyPlantAndEquipmentUsefulLife1_dtY_c20230701__20230930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_zmTJehKEHta3" title="Estimated useful lives">7</span> years</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: justify">Facilities improvements</td><td> </td> <td style="text-align: right"><span id="xdx_900_ecustom--PropertyPlantAndEquipmentUsefulLife2_c20230701__20230930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FacilityClosingMember_z4wohXk7D0dg" title="Estimated useful lives">5 years or life of the lease, whichever is shorter</span></td></tr> </table>
CY2023Q3	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_842_eus-gaap--ConcentrationRiskCreditRisk_zELZJwLaN17" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_866_ziRCKu0YsYth">Concentrations</span> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">We extend credit to our customers and perform ongoing credit evaluations of such customers. We evaluate our accounts receivable on a regular basis for collectability and provide for an allowance for potential credit losses as deemed necessary. No reserve was required or recorded for any of the periods presented.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Substantially all of our revenues are derived from sales of wireless data products. Any significant decline in market acceptance of our products or in the financial condition of our existing customers could impair our ability to operate effectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">A significant portion of our revenue is derived from a small number of customers. For the three months ended September 30, 2023, sales to our two largest customers accounted for <span id="xdx_902_eus-gaap--ConcentrationRiskPercentage1_dp_c20230701__20230930__srt--MajorCustomersAxis__custom--Customer1Member__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zQ04WTZ3koTf" title="Concentration of credit risk">91</span>% of our consolidated net sales, and <span id="xdx_90E_eus-gaap--ConcentrationRiskPercentage1_dp_c20230701__20230930__srt--MajorCustomersAxis__custom--Customer1Member__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zJ1vIBrdfxY4" title="Concentration of credit risk">98</span>% of our accounts receivable balance as of September 30, 2023. In the same period of 2022, sales to our one largest customer accounted for <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_dp_c20220701__20220930__srt--MajorCustomersAxis__custom--Customer1Member__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zDoRrBm7ZwYi" title="Concentration of credit risk">92</span>% of our consolidated net sales, and <span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_dp_c20220701__20220930__srt--MajorCustomersAxis__custom--Customer1Member__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zxMQcHQndC3j" title="Concentration of credit risk">0</span>% of our accounts receivable balance as of September 30, 2022. No other customers accounted for more than ten percent of total net sales for the three months ended September 30, 2023 and 2022. </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For the three months ended September 30, 2023, we purchased the majority of our wireless data products from one manufacturing company located in Asia. If these manufacturing companies were to experience delays, capacity constraints or quality control problems, product shipments to our customers could be delayed, or our customers could consequently elect to cancel the underlying product purchase order, which would negatively impact the Company's revenue. For the three months ended September 30, 2023, we purchased wireless data products from this manufacturer in the amount of $<span id="xdx_901_eus-gaap--CostOfRevenue_c20230701__20230930__us-gaap--NatureOfExpenseAxis__custom--WirelessDataProductsMember_zdrFVZHJGGJ4" title="Cost of revenue">6,361,553</span>, or <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_dp_c20230701__20230930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsProductLineMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__us-gaap--NatureOfExpenseAxis__custom--WirelessDataProductsMember_zppiLxuUtcNc" title="Concentration of credit risk">99.8</span>% of total purchases, and had related accounts payable of $<span id="xdx_908_eus-gaap--AccountsPayableCurrent_iI_c20230930__us-gaap--NatureOfExpenseAxis__custom--WirelessDataProductsMember_z9Lani889BE8" title="Accounts payable, current">6,917,202</span> as of September 30, 2023. For the three months ended September 30, 2022, we purchased the majority of our wireless data products from two manufacturing companies located in Asia and purchased wireless data products from these manufacturers in the amount of $<span id="xdx_902_eus-gaap--CostOfRevenue_c20220701__20220930__us-gaap--NatureOfExpenseAxis__custom--WirelessDataProductsMember_zMOZ4imLH5p4" title="Cost of revenue">7,067,055</span>, or <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_dp_c20220701__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsProductLineMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__us-gaap--NatureOfExpenseAxis__custom--WirelessDataProductsMember_zjy8Njk75xGc" title="Concentration of credit risk">99</span>% of total purchases, and had related accounts payable of $<span id="xdx_908_eus-gaap--AccountsPayableCurrent_iI_c20220930__us-gaap--NatureOfExpenseAxis__custom--WirelessDataProductsMember_zE1p0MgHIYA1" title="Accounts payable, current">7,990,867</span> as of September 30, 2022.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">We maintain our cash accounts with established commercial banks. Such cash deposits exceed the Federal Deposit Insurance Corporation insured limit of $250,000 for each financial institution. However, we do not anticipate any losses on excess deposits.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p>
CY2023Q3	us-gaap	Basis Of Accounting BasisOfAccounting	<p id="xdx_80B_eus-gaap--BasisOfAccounting_zB3rNZ78rDT1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>NOTE 3 –<span id="xdx_827_zEyuzo7dMSv6"> BASIS OF PRESENTATION</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.45in">The accompanying unaudited consolidated financial statements of Franklin Wireless Corp. have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and are presented in accordance with the requirements of Form 10-Q. In the opinion of management, the financial statements included herein contain all adjustments, including normal recurring adjustments, considered necessary to present fairly the financial position, the results of operations and comprehensive income (loss) and cash flows of the Company for the periods presented. These financial statements and notes hereto should be read in conjunction with the financial statements and notes thereto for the fiscal year ended June 30, 2023 included in our Form 10-K filed on September 28, 2023. The operating results or cash flows for the interim periods presented herein are not necessarily indicative of the results to be expected for any other interim period or the full year.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p>
CY2023Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	4487712	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	2529246	usd
CY2023Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1958466	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	4465212	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	2284328	usd
CY2022Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	2180884	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	739840	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	752789	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	295501	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	18296	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	12200	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	8252	usd
CY2023Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	53500	usd
CY2022Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	52923	usd
CY2023Q3	us-gaap	Accrued Salaries Current And Noncurrent AccruedSalariesCurrentAndNoncurrent	500000	usd
CY2022Q2	us-gaap	Accrued Salaries Current And Noncurrent AccruedSalariesCurrentAndNoncurrent	375000	usd
CY2023Q3	us-gaap	Accrued Vacation Current AccruedVacationCurrent	157355	usd
CY2022Q2	us-gaap	Accrued Vacation Current AccruedVacationCurrent	141590	usd
CY2023Q3	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	31250	usd
CY2022Q2	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	32500	usd
CY2023Q3	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	247592	usd
CY2022Q2	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	247592	usd
CY2023Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	989697	usd
CY2022Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	849605	usd
CY2015Q3	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	23115	usd
CY2023Q3	us-gaap	Operating Lease Expense OperatingLeaseExpense	111417	usd
CY2022Q3	us-gaap	Operating Lease Expense OperatingLeaseExpense	111293	usd
CY2023Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	77263	usd
CY2022Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	77263	usd
CY2023Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	34154	usd
CY2022Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	34030	usd
CY2023Q3	us-gaap	Lease Cost LeaseCost	111417	usd
CY2022Q3	us-gaap	Lease Cost LeaseCost	111293	usd
CY2023Q3	us-gaap	Lessee Operating Lease Remaining Lease Term LesseeOperatingLeaseRemainingLeaseTerm	P0Y3M18D
CY2023Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.04	pure
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	80483	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	80483	usd
CY2023Q3	FKWL	Operating Leases Future Minimum Payments Interest Included In Payments OperatingLeasesFutureMinimumPaymentsInterestIncludedInPayments	-534	usd
CY2023Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	79949	usd
CY2022Q1	us-gaap	Loans Payable LoansPayable	10000000	usd
CY2020Q3	us-gaap	Shares Issued SharesIssued	800000	shares
CY2023Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	51589	usd
CY2022Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	180745	usd
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	631001	shares
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	3.34
CY2023Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	432617	usd
CY2022Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	756001	shares
CY2022Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	3.17
CY2022Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	1102036	usd

Files In Submission

Name	View Source	Status
0001683168-23-008111-index-headers.html	Edgar Link	pending
0001683168-23-008111-index.html	Edgar Link	pending
0001683168-23-008111.txt	Edgar Link	pending
0001683168-23-008111-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
fkwl-20230930.xsd	Edgar Link	pending
franklin_ex3101.htm	Edgar Link	pending
franklin_ex3102.htm	Edgar Link	pending
franklin_ex3201.htm	Edgar Link	pending
franklin_ex3202.htm	Edgar Link	pending
franklin_i10q-093023.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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fkwl-20230930_cal.xml	Edgar Link	unprocessable
fkwl-20230930_def.xml	Edgar Link	unprocessable
fkwl-20230930_lab.xml	Edgar Link	unprocessable
fkwl-20230930_pre.xml	Edgar Link	unprocessable
franklin_i10q-093023_htm.xml	Edgar Link	completed
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable

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$FKWL
FRANKLIN WIRELESS CORP Stock $fkwl

2023 Q4 Form 10-Q Financial Statement

#000168316823008111 Filed on November 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FKWL FRANKLIN WIRELESS CORP Stock $fkwl

2023 Q4 Form 10-Q Financial Statement

#000168316823008111 Filed on November 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FKWL
FRANKLIN WIRELESS CORP Stock $fkwl