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ACQUISITION (Details - Acquisition date fair value) - Kablooe Design [Member]
11 Months Ended
Aug. 17, 2021
USD ($)
Business Acquisition [Line Items]  
Cash at closing $ 353,000 [1]
Value of Forward's common stock 370,000 [2]
Fair value of contingent earnout consideration 90,000 [3]
Total Purchase Consideration $ 813,000
[1] Cash paid by Forward at closing.
[2] Forward issued 300,000 shares of its common stock valued at $1.23 per share, which represents the August 17, 2020 closing price of $1.37 per share, less an estimated 10% reduction in fair value related to restrictions that limit their marketability for a period of six months.
[3] Fair value of the contingent consideration is measured using the Black-Scholes option pricing method. Contingent consideration is to be paid in cash only upon Kablooe meeting certain earnings milestones over a five-year period.