$FKWL
FRANKLIN WIRELESS CORP Stock $fkwl

$fkwl Overview Financials Valuation SEC Filings Company Website

2024 Q4 Form 10-Q Financial Statement

#000168316824008127 Filed on November 14, 2024

Income Statement

Concept	2024 Q4	2024 Q3	2023 Q3
Revenue		$13.32M	$9.656M
YoY Change		37.98%	19.07%
Cost Of Revenue		$11.25M	$8.142M
YoY Change		38.18%	24.98%
Gross Profit		$2.072M	$1.513M
YoY Change		36.9%	-5.06%
Gross Profit Margin		15.55%	15.67%
Selling, General & Admin		$1.420M	$1.231M
YoY Change		15.38%	-0.72%
% of Gross Profit		68.55%	81.33%
Research & Development		$1.024M	$867.0K
YoY Change		18.15%	-10.63%
% of Gross Profit		49.45%	57.29%
Depreciation & Amortization		$7.859K	$11.39K
YoY Change		-31.0%	-28.0%
% of Gross Profit		0.38%	0.75%
Operating Expenses		$2.444M	$2.098M
YoY Change		16.52%	-5.07%
Operating Profit		-$372.8K	-$584.5K
YoY Change		-36.22%	-5.09%
Interest Expense		$633.8K	$55.04K
YoY Change		1051.44%	-106.19%
% of Operating Profit
Other Income/Expense, Net		$1.069M	$197.3K
YoY Change		442.1%	-121.58%
Pretax Income		$696.5K	-$387.3K
YoY Change		-279.86%	-74.69%
Income Tax		$47.88K	-$50.06K
% Of Pretax Income		6.87%
Net Earnings		$515.2K	-$257.7K
YoY Change		-299.92%	-77.13%
Net Earnings / Revenue		3.87%	-2.67%
Basic Earnings Per Share		$0.04	-$0.02
Diluted Earnings Per Share		$0.04	-$0.02
COMMON SHARES
Basic Shares Outstanding	11.78M shares	11.78M shares	11.78M shares
Diluted Shares Outstanding		11.81M shares	11.78M shares

Balance Sheet

Concept	2024 Q3	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$40.68M	$33.65M
YoY Change	20.9%	-17.45%
Cash & Equivalents	$14.62M	$6.845M
Short-Term Investments	$26.06M	$26.80M
Other Short-Term Assets	$85.72K	$147.8K
YoY Change	-41.99%	-17.09%
Inventory	$2.561M	$2.262M
Prepaid Expenses
Receivables	$1.800M	$9.921M
Other Receivables	$0.00	$20.97K
Total Short-Term Assets	$45.27M	$46.09M
YoY Change	-1.78%	-1.86%
LONG-TERM ASSETS
Property, Plant & Equipment	$106.5K	$92.13K
YoY Change	15.56%	-21.13%
Goodwill	$273.3K	$273.3K
YoY Change	0.0%	0.0%
Intangibles	$1.079M	$1.958M
YoY Change	-44.93%	17.25%
Long-Term Investments
YoY Change
Other Assets	$136.3K	$124.2K
YoY Change	9.75%	6.86%
Total Long-Term Assets	$6.364M	$4.811M
YoY Change	32.27%	20.16%
TOTAL ASSETS
Total Short-Term Assets	$45.27M	$46.09M
Total Long-Term Assets	$6.364M	$4.811M
Total Assets	$51.63M	$50.90M
YoY Change	1.43%	-0.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$10.82M	$7.150M
YoY Change	51.32%	-17.64%
Accrued Expenses	$1.765M	$989.7K
YoY Change	78.37%	79.25%
Deferred Revenue	$170.4K	$227.5K
YoY Change	-25.11%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$13.10M	$10.85M
YoY Change	20.81%	10.14%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$1.288M
YoY Change
Total Long-Term Liabilities	$1.288M	$0.00
YoY Change		-100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$13.10M	$10.85M
Total Long-Term Liabilities	$1.288M	$0.00
Total Liabilities	$14.39M	$10.85M
YoY Change	32.69%	9.25%
SHAREHOLDERS EQUITY
Retained Earnings	$25.65M	$28.84M
YoY Change	-11.06%	-6.47%
Common Stock	$14.26K	$14.26K
YoY Change	0.0%	0.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$35.83M	$38.65M
YoY Change
Total Liabilities & Shareholders Equity	$51.63M	$50.90M
YoY Change	1.43%	-0.13%

Cashflow Statement

Concept	2024 Q3	2023 Q3
OPERATING ACTIVITIES
Net Income	$515.2K	-$257.7K
YoY Change	-299.92%	-77.13%
Depreciation, Depletion And Amortization	$7.859K	$11.39K
YoY Change	-31.0%	-28.0%
Cash From Operating Activities	$2.671M	-$5.223M
YoY Change	-151.13%	416.07%
INVESTING ACTIVITIES
Capital Expenditures	$21.54K	$2.427K
YoY Change	787.68%	-90.9%
Acquisitions
YoY Change
Other Investing Activities	-$291.9K	-$73.83K
YoY Change	295.33%	-106.83%
Cash From Investing Activities	-$334.8K	-$98.76K
YoY Change	238.99%	-117.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$0.00	-$1.023K
YoY Change	-100.0%
NET CHANGE
Cash From Operating Activities	$2.671M	-$5.223M
Cash From Investing Activities	-$334.8K	-$98.76K
Cash From Financing Activities	$0.00	-$1.023K
Net Change In Cash	$2.352M	-$5.397M
YoY Change	-143.57%	598.61%
FREE CASH FLOW
Cash From Operating Activities	$2.671M	-$5.223M
Capital Expenditures	$21.54K	$2.427K
Free Cash Flow	$2.649M	-$5.226M
YoY Change	-150.7%	403.05%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q3	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
CY2024Q3	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2025
CY2024Q3	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2024Q3	dei	Entity Central Index Key EntityCentralIndexKey	0000722572
CY2024Q3	dei	Document Type DocumentType	10-Q
CY2024Q3	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2024Q3	dei	Document Transition Report DocumentTransitionReport	false
CY2024Q3	dei	Entity File Number EntityFileNumber	001-14891
CY2024Q3	dei	Entity Registrant Name EntityRegistrantName	FRANKLIN WIRELESS CORP.
CY2024Q3	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	586650	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	399382	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	45947	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	21028	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	11501	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	0	usd
CY2024Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q3	dei	Document Period End Date DocumentPeriodEndDate	2024-09-30
CY2024Q3	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	95-3733534
CY2024Q3	dei	Entity Address Address Line1 EntityAddressAddressLine1	3940 Ruffin Road
CY2024Q3	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite C
CY2024Q3	dei	Entity Address City Or Town EntityAddressCityOrTown	San Diego
CY2024Q3	dei	Entity Address State Or Province EntityAddressStateOrProvince	CA
CY2024Q3	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	92123
CY2024Q3	dei	City Area Code CityAreaCode	858
CY2024Q3	dei	Local Phone Number LocalPhoneNumber	623-0000
CY2024Q3	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024Q3	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024Q3	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2024Q3	dei	Entity Small Business EntitySmallBusiness	true
CY2024Q3	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2024Q3	dei	Entity Shell Company EntityShellCompany	false
CY2024Q3	dei	Security12b Title Security12bTitle	Common Stock, par value $.001 per share
CY2024Q3	dei	Trading Symbol TradingSymbol	FKWL
CY2024Q3	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2024Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	11784280	shares
CY2024Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14618062	usd
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	12266556	usd
CY2024Q3	us-gaap	Short Term Investments ShortTermInvestments	26060091	usd
CY2024Q2	us-gaap	Short Term Investments ShortTermInvestments	25191271	usd
CY2024Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1800202	usd
CY2024Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1155060	usd
CY2024Q3	us-gaap	Inventory Net InventoryNet	2560672	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	1425685	usd
CY2024Q3	us-gaap	Other Assets Current OtherAssetsCurrent	85721	usd
CY2024Q2	us-gaap	Other Assets Current OtherAssetsCurrent	107976	usd
CY2024Q3	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	144116	usd
CY2024Q2	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	73912	usd
CY2024Q3	us-gaap	Assets Current AssetsCurrent	45268864	usd
CY2024Q2	us-gaap	Assets Current AssetsCurrent	40220460	usd
CY2024Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	106459	usd
CY2024Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	114939	usd
CY2024Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1078508	usd
CY2024Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1309626	usd
CY2024Q3	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	3137160	usd
CY2024Q2	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	3184240	usd
CY2024Q3	us-gaap	Goodwill Goodwill	273285	usd
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CY2024Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1631922	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1486034	usd
CY2024Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	136261	usd
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CY2024Q3	us-gaap	Assets Assets	51632459	usd
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CY2024Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	7262195	usd
CY2024Q3	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	170351	usd
CY2024Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	158771	usd
CY2024Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1765370	usd
CY2024Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1425146	usd
CY2024Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	349278	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	239727	usd
CY2024Q3	us-gaap	Liabilities Current LiabilitiesCurrent	13103810	usd
CY2024Q2	us-gaap	Liabilities Current LiabilitiesCurrent	9085839	usd
CY2024Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	1288487	usd
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	1257992	usd
CY2024Q3	us-gaap	Liabilities Liabilities	14392297	usd
CY2024Q2	us-gaap	Liabilities Liabilities	10343831	usd
CY2024Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
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CY2024Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2024Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2024Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2024Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2024Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
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CY2024Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
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CY2024Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11784280	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	11784280	shares
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11784280	shares
CY2024Q3	us-gaap	Common Stock Value CommonStockValue	14263	usd
CY2024Q2	us-gaap	Common Stock Value CommonStockValue	14263	usd
CY2024Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	14820684	usd
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CY2024Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	25652396	usd
CY2024Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	25137209	usd
CY2024Q3	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	3554893	usd
CY2024Q2	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	3554893	usd
CY2024Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1097825	usd
CY2024Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1182825	usd
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CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	35147054	usd
CY2024Q3	us-gaap	Minority Interest MinorityInterest	1405537	usd
CY2024Q2	us-gaap	Minority Interest MinorityInterest	1228944	usd
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CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	36375998	usd
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CY2024Q3	us-gaap	Cost Of Revenue CostOfRevenue	11251410	usd
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CY2024Q3	us-gaap	Gross Profit GrossProfit	2071502	usd
CY2023Q3	us-gaap	Gross Profit GrossProfit	1513160	usd
CY2024Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1419973	usd
CY2023Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1230722	usd
CY2024Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	1024312	usd
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CY2024Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-372783	usd
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CY2024Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	187976	usd
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CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-257696	usd
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CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11784280	shares
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CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11807962	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11784280	shares
CY2024Q3	us-gaap	Profit Loss ProfitLoss	648656	usd
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CY2024Q3	FKWL	Foreign Exchange Translation Attributable To Noncontrolling Interest ForeignExchangeTranslationAttributableToNoncontrollingInterest	43124	usd
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CY2024Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	600187	usd
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CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	36375998	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	515187	usd
CY2024Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	85000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToNoncontrollingInterest	43124	usd
CY2024Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	133469	usd
CY2024Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	87384	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	37240162	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 Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-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
CY2024Q3	us-gaap	Profit Loss ProfitLoss	648656	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	-337201	usd
CY2024Q3	us-gaap	Depreciation Depreciation	7859	usd
CY2023Q3	us-gaap	Depreciation Depreciation	11390	usd
CY2024Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	253995	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	244918	usd
CY2024Q3	us-gaap	Foreign Currency Transaction Gain Before Tax ForeignCurrencyTransactionGainBeforeTax	512311	usd
CY2023Q3	us-gaap	Foreign Currency Transaction Gain Before Tax ForeignCurrencyTransactionGainBeforeTax	-0	usd
CY2024Q3	us-gaap	Share Based Compensation ShareBasedCompensation	87384	usd
CY2023Q3	us-gaap	Share Based Compensation ShareBasedCompensation	51589	usd
CY2024Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	247592	usd
CY2023Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-0	usd
CY2024Q3	FKWL	Operating Lease Right Of Use Asset Amortization Expense1 OperatingLeaseRightOfUseAssetAmortizationExpense1	145889	usd
CY2023Q3	FKWL	Operating Lease Right Of Use Asset Amortization Expense1 OperatingLeaseRightOfUseAssetAmortizationExpense1	-75935	usd
CY2024Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	47080	usd
CY2023Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-50860	usd
CY2024Q3	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	634081	usd
CY2023Q3	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	978093	usd
CY2024Q3	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1127477	usd
CY2023Q3	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1479279	usd
CY2024Q3	FKWL	Increase Decrease In Other Current Asset IncreaseDecreaseInOtherCurrentAsset	-75735	usd
CY2023Q3	FKWL	Increase Decrease In Other Current Asset IncreaseDecreaseInOtherCurrentAsset	22124	usd
CY2024Q3	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	64493	usd
CY2023Q3	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	35095	usd
CY2024Q3	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-0	usd
CY2023Q3	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-2394	usd
CY2024Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	3550907	usd
CY2023Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-5800795	usd
CY2024Q3	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	11580	usd
CY2023Q3	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	80966	usd
CY2024Q3	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	579501	usd
CY2023Q3	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	133536	usd
CY2024Q3	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	140046	usd
CY2023Q3	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-79155	usd
CY2024Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2670900	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-5223316	usd
CY2024Q3	us-gaap	Payments For Proceeds From Investments PaymentsForProceedsFromInvestments	291869	usd
CY2023Q3	us-gaap	Payments For Proceeds From Investments PaymentsForProceedsFromInvestments	73832	usd
CY2024Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	21544	usd
CY2023Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2427	usd
CY2024Q3	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	14000	usd
CY2023Q3	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	22500	usd
CY2024Q3	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	7372	usd
CY2023Q3	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	-0	usd
CY2024Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-334785	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-98759	usd
CY2024Q3	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	-0	usd
CY2023Q3	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	1023	usd
CY2024Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	0	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1023	usd
CY2024Q3	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	15391	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
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	2351506	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-5396567	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	12266556	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	12241286	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14618062	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6844719	usd
CY2024Q3	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-800	usd
CY2023Q3	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-45800	usd
CY2024Q3	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<p id="xdx_84A_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zrdlKQ73vz5k" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span><span id="xdx_86A_zK4PyBjWA8yg">Reclassifications</span></span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Certain amounts on the prior period’s consolidated financial statements were regrouped and reclassified to conform to current-year presentation, with no effect on total stockholders’ equity.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p>
CY2024Q3	us-gaap	Minority Interest MinorityInterest	1405537	usd
CY2024Q3	us-gaap	Minority Interest Period Increase Decrease MinorityInterestPeriodIncreaseDecrease	176593	usd
CY2024Q2	us-gaap	Minority Interest MinorityInterest	1228944	usd
CY2024Q3	us-gaap	Minority Interest Period Increase Decrease MinorityInterestPeriodIncreaseDecrease	176593	usd
CY2024Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	133469	usd
CY2024Q3	us-gaap	Gain Or Loss On Sale Of Stock In Subsidiary GainOrLossOnSaleOfStockInSubsidiary	396552	usd
CY2024Q3	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToNoncontrollingInterest	43124	usd
CY2024Q3	us-gaap	Revenues Revenues	13322912	usd
CY2023Q3	us-gaap	Revenues Revenues	9655546	usd
CY2024Q3	FKWL	Property And Equipment And Intangible Assets PropertyAndEquipmentAndIntangibleAssets	1184967	usd
CY2024Q2	FKWL	Property And Equipment And Intangible Assets PropertyAndEquipmentAndIntangibleAssets	1424565	usd
CY2024Q3	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_84D_eus-gaap--UseOfEstimates_z0fLrtWoZqZ1" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><span id="xdx_86A_zrAPUULOIwV7">Use of Estimates</span> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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: 0; text-align: justify; text-indent: 0.5in"> </p>
CY2024Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	usd
CY2024Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1800202	usd
CY2024Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1155060	usd
CY2024Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	170351	usd
CY2024Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	158771	usd
CY2024Q3	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	14000	usd
CY2023Q3	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	22500	usd
CY2024Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	1024312	usd
CY2023Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	866955	usd
CY2024Q3	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	91482	usd
CY2024Q2	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	91482	usd
CY2024Q3	FKWL	Schedule Of Property And Equipment Estimated Useful Life ScheduleOfPropertyAndEquipmentEstimatedUsefulLife	<table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--ScheduleOfPropertyAndEquipmentEstimatedUsefulLife_z042mrynzopl" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details - Useful lives)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B5_zFD7HpWNxNb2" style="display: none">Schedule of estimated useful lives</span></td> <td> </td> <td style="text-align: right"> </td></tr> <tr style="vertical-align: bottom; background-color: #EEEEEE"> <td style="width: 51%; text-align: justify"><span style="font-size: 10pt">Machinery</span></td> <td style="width: 1%"> </td> <td style="width: 48%; text-align: right"><span style="font-size: 10pt"><span id="xdx_90D_ecustom--PropertyPlantAndEquipmentUsefulLife1_c20240701__20240930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--MachineryMember_zEGjvCrF2cwj">6 years</span></span></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><span style="font-size: 10pt">Office equipment</span></td> <td> </td> <td style="text-align: right"><span style="font-size: 10pt"><span id="xdx_90C_ecustom--PropertyPlantAndEquipmentUsefulLife1_c20240701__20240930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zhiJjntCO0pj" title="Estimated useful lives">5 years</span></span></td></tr> <tr style="vertical-align: bottom; background-color: #EEEEEE"> <td style="text-align: justify"><span style="font-size: 10pt">Molds</span></td> <td> </td> <td style="text-align: right"><span style="font-size: 10pt"><span id="xdx_90A_ecustom--PropertyPlantAndEquipmentUsefulLife1_c20240701__20240930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ToolsDiesAndMoldsMember_zhtMz3ZmQzE1" title="Estimated useful lives">3~6 years</span></span></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><span style="font-size: 10pt">Vehicles</span></td> <td> </td> <td style="text-align: right"><span style="font-size: 10pt"><span id="xdx_90E_ecustom--PropertyPlantAndEquipmentUsefulLife1_c20240701__20240930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_z64t7kpPZOo7" title="Estimated useful lives">5 years</span></span></td></tr> <tr style="vertical-align: bottom; background-color: #EEEEEE"> <td style="text-align: justify"><span style="font-size: 10pt">Computers and software</span></td> <td> </td> <td style="text-align: right"><span style="font-size: 10pt"><span id="xdx_901_ecustom--PropertyPlantAndEquipmentUsefulLife1_c20240701__20240930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_zoU721VRscMi" title="Estimated useful lives">5 years</span></span></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><span style="font-size: 10pt">Furniture and fixtures</span></td> <td> </td> <td style="text-align: right"><span style="font-size: 10pt"><span id="xdx_900_ecustom--PropertyPlantAndEquipmentUsefulLife1_c20240701__20240930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_zMUghwKFgm9i" title="Estimated useful lives">7 years</span></span></td></tr> <tr style="vertical-align: bottom; background-color: #EEEEEE"> <td style="text-align: justify"><span style="font-size: 10pt">Facilities improvements</span></td> <td> </td> <td style="text-align: right"><span style="font-size: 10pt"><span id="xdx_900_ecustom--PropertyPlantAndEquipmentUsefulLife2_c20240701__20240930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OtherCapitalizedPropertyPlantAndEquipmentMember_z1nZSfEXmur3" title="Estimated useful lives">5 years or life of the lease, whichever is shorter</span></span></td></tr> </table>
CY2024Q3	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	0	usd
CY2023Q3	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	0	usd
CY2024Q3	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	-47880	usd
CY2023Q3	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	-50060	usd
CY2024Q3	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	47880	usd
CY2023Q3	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	50860	usd
CY2024Q3	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_840_eus-gaap--ConcentrationRiskCreditRisk_zvQuT7xNyJth" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span id="xdx_865_zKKBk2PwzDi8">Concentrations</span> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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, 2024, sales to our two largest customers accounted for <span id="xdx_900_eus-gaap--ConcentrationRiskPercentage1_dp_c20240701__20240930__srt--MajorCustomersAxis__custom--Customer1Member__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_z1IdrnJQs3Wk" title="Concentration of credit risk"><span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_dp_c20240701__20240930__srt--MajorCustomersAxis__custom--Customer2Member__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zgkVQHUdcAAf" title="Concentration of credit risk">93.6</span></span>% of our consolidated net sales, and <span id="xdx_904_eus-gaap--ConcentrationRiskPercentage1_dp_c20240701__20240930__srt--MajorCustomersAxis__custom--Customer1Member__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zEjLKQK9BdR6" title="Concentration of credit risk"><span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_dp_c20240701__20240930__srt--MajorCustomersAxis__custom--Customer2Member__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zevLk4vaz2rh" title="Concentration of credit risk">71.2</span></span>% of our accounts receivable balance as of September 30, 2024. For the three months ended September 30, 2023, sales to our two largest customers accounted for approximately <span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_dp_c20230701__20230930__srt--MajorCustomersAxis__custom--Customer1Member__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_ztSzB3n9OMzf" title="Concentration of credit risk"><span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_dp_c20230701__20230930__srt--MajorCustomersAxis__custom--Customer2Member__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_z3uMvIcXZTC4" title="Concentration of credit risk">90.6</span></span>% of our consolidated net sales, and approximately <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_zO6FGlX8xaL6" title="Concentration of credit risk"><span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_dp_c20230701__20230930__srt--MajorCustomersAxis__custom--Customer2Member__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zjb5bbnVVSo7" title="Concentration of credit risk">97.8</span></span>% of our accounts receivable balance as of September 30, 2023. No other customers accounted for more than ten percent of total net sales for the three months ended September 30, 2024 and 2023. </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">For the three months ended September 30, 2024, we purchased the majority of our wireless data products from two manufacturing companies 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, 2024, we purchased wireless data products from these manufacturers in the amount of $<span id="xdx_901_eus-gaap--CostOfRevenue_c20240701__20240930__us-gaap--NatureOfExpenseAxis__custom--WirelessDataProductsMember_zdD6GprrSol8" title="Cost of revenue">11,653,180</span>, or <span id="xdx_908_eus-gaap--ConcentrationRiskPercentage1_dp_c20240701__20240930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsProductLineMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__us-gaap--NatureOfExpenseAxis__custom--WirelessDataProductsMember_zCl03pE4B6Vh" title="Concentration of credit risk">99.9</span>% of total purchases, and had related accounts payable of $<span id="xdx_902_eus-gaap--AccountsPayableCurrent_iI_c20240930__us-gaap--NatureOfExpenseAxis__custom--WirelessDataProductsMember_zRNakoEu7cdc" title="Accounts payable, current">10,186,585</span> as of September 30, 2024. For the three months ended September 30, 2023, we purchased wireless data products from these manufacturers in the amount of $<span id="xdx_90C_eus-gaap--CostOfRevenue_c20230701__20230930__us-gaap--NatureOfExpenseAxis__custom--WirelessDataProductsMember_z9Ym1ipJDH72" 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_zdkYsxcokRg5" title="Concentration of credit risk">99.8</span>% of total purchases, and had related accounts payable of $<span id="xdx_902_eus-gaap--AccountsPayableCurrent_iI_c20230930__us-gaap--NatureOfExpenseAxis__custom--WirelessDataProductsMember_zk5na8PuUzg6" title="Accounts payable, current">6,917,202</span> as of September 30, 2023.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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: 0; text-align: justify; text-indent: 0.5in"> </p>
CY2024Q3	us-gaap	Basis Of Accounting BasisOfAccounting	<p id="xdx_80C_eus-gaap--BasisOfAccounting_zDMS8jNDMeOa" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 3 – <span id="xdx_82D_zbPQ8nywQIn9">BASIS OF PRESENTATION</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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, 2024 included in our Form 10-K filed on September 30, 2024. 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: 0; text-align: justify; text-indent: 0.5in"> </p>
CY2024Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	4486697	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	3408189	usd
CY2024Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1078508	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	4499769	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	3190143	usd
CY2024Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1309626	usd
CY2024Q3	us-gaap	Adjustment For Amortization AdjustmentForAmortization	253995	usd
CY2023Q3	us-gaap	Adjustment For Amortization AdjustmentForAmortization	244918	usd
CY2024Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	51264	usd
CY2024Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	49452	usd
CY2024Q3	FKWL	Accrued Salaries And Bonuses Current AccruedSalariesAndBonusesCurrent	1000000	usd
CY2024Q2	FKWL	Accrued Salaries And Bonuses Current AccruedSalariesAndBonusesCurrent	875000	usd
CY2024Q3	us-gaap	Accrued Vacation Current AccruedVacationCurrent	180007	usd
CY2024Q2	us-gaap	Accrued Vacation Current AccruedVacationCurrent	164884	usd
CY2024Q3	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	7500	usd
CY2024Q2	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	15000	usd
CY2024Q3	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	453230	usd
CY2024Q2	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	247592	usd
CY2024Q3	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	73369	usd
CY2024Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	73218	usd
CY2024Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1765370	usd
CY2024Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1425146	usd
CY2024Q3	us-gaap	Operating Lease Expense OperatingLeaseExpense	112757	usd
CY2023Q3	us-gaap	Operating Lease Expense OperatingLeaseExpense	111417	usd
CY2024Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	110713	usd
CY2023Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	77263	usd
CY2024Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	2044	usd
CY2023Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	34154	usd
CY2024Q3	us-gaap	Lease Cost LeaseCost	112757	usd
CY2023Q3	us-gaap	Lease Cost LeaseCost	111417	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	332222	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	457402	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	371609	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	387437	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	363310	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	1911980	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	274215	usd
CY2024Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	1637765	usd
CY2022Q1	us-gaap	Loans Payable LoansPayable	10000000	usd
CY2024Q3	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	125000	usd
CY2023Q3	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	125000	usd
CY2024Q3	us-gaap	Accrued Salaries Current And Noncurrent AccruedSalariesCurrentAndNoncurrent	1000000	usd
CY2024Q2	us-gaap	Accrued Salaries Current And Noncurrent AccruedSalariesCurrentAndNoncurrent	875000	usd
CY2024Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	87384	usd
CY2023Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	51589	usd
CY2024Q3	FKWL	Fair Value Of Options Outstanding FairValueOfOptionsOutstanding	620001	shares
CY2024Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	3.33
CY2024Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	83199	usd
CY2023Q3	FKWL	Fair Value Of Options Outstanding FairValueOfOptionsOutstanding	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
CY2024Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
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0001683168-24-008127-index.html	Edgar Link	pending
0001683168-24-008127.txt	Edgar Link	pending
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Financial_Report.xlsx	Edgar Link	pending
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franklin_ex3102.htm	Edgar Link	pending
franklin_ex3201.htm	Edgar Link	pending
franklin_ex3202.htm	Edgar Link	pending
franklin_i10q-093024.htm	Edgar Link	pending
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report.css	Edgar Link	pending
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$FKWL
FRANKLIN WIRELESS CORP Stock $fkwl

2024 Q4 Form 10-Q Financial Statement

#000168316824008127 Filed on November 14, 2024

Income Statement

Balance Sheet

Cashflow Statement

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$FKWL FRANKLIN WIRELESS CORP Stock $fkwl

2024 Q4 Form 10-Q Financial Statement

#000168316824008127 Filed on November 14, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FKWL
FRANKLIN WIRELESS CORP Stock $fkwl