3. ACQUISITION (Details - Purchase consideration) - Intelligent Product Solutions [Member] $ in Thousands	4 Months Ended
	Jan. 18, 2018 USD ($)
Cash at closing (1)	$ 1,930	[1]
Value of Equity in Buyer Common Stock (2)	500	[2]
Fair Value of Earn-Out Consideration (3)	600	[3]
Fair Value of Deferred Cash Consideration (4)	936	[4]
Total Purchase Consideration	$ 3,966

[1] Cash paid by Forward at closing funded, in part, by a $1.6 million promissory note issued to Forward China, a related party of Forward. The remainder of the cash was funded by Forward's operating cash account.

[2] Forward issued 401,836 shares of common stock valued at the January 18, 2018 closing price of $1.24 per share for an aggregated value of approximately $500,000.

[3] Fair Value of the Earn-Out consideration is measured using the Black-Scholes option pricing method. Earn-Out is to be paid in cash only upon meeting certain EBITDA milestones over a three-year period.

[4] Fair value of the Deferred Cash consideration is the present value of the $1,000,000 payable in three increments with an applied discount rate ranging between 4.73% and 5.33%.