XML 87 R42.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
3. ACQUISITION (Details Narrative) - USD ($)
3 Months Ended 4 Months Ended 12 Months Ended
Mar. 31, 2018
Jan. 18, 2018
Sep. 30, 2019
Sep. 30, 2018
Stock issued for acquisition, value $ 500,000      
Fair value adjustment of earn-out consideration     $ (260,000) $ 510,000
Intelligent Product Solutions [Member]        
Cash paid for acquisition, gross [1]   $ 1,930,000    
Debt assumed   $ 1,500,000    
Stock issued for acquisition, shares   401,836    
Stock issued for acquisition, value   $ 500,000    
Deferred compensation assumed   1,000,000    
Earnout payment liability   2,200,000    
Fair value adjustment of earn-out consideration     $ (260,000) 510,000
Payment of acquisition costs       $ 296,000
Intelligent Product Solutions [Member] | Promissory Note [Member]        
Debt face amount   $ 1,600,000    
Debt stated interest rate   8.00%    
[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.