Welcome to our dedicated page for Franklin Wireless SEC filings (Ticker: FKWL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Franklin Wireless Corp. filings document formal disclosures for a Nevada wireless connectivity issuer, including 8-K reports on corporate governance, management appointments and capital-allocation actions involving its common stock. The company reports material events such as officer appointments and dividend declarations through current reports, while proxy materials address shareholder voting matters, board elections, executive compensation and governance practices.
The filing record is tied to a business that offers 4G LTE and 5G hotspots, routers, modules, mobile device management and network management solutions. These documents provide the official record for Franklin Wireless's public-company governance, board oversight, common-stock matters and other SEC disclosure obligations.
Franklin Wireless reported weaker results for the nine months ended March 31, 2026. Net sales fell to $28.1M from $39.2M, and the company swung to a net loss of $0.7M versus a small prior-year loss. Gross profit declined to $5.5M while operating expenses remained over $6.3M, keeping the business in an operating loss.
The company still has a solid liquidity base, with $9.3M in cash and $23.6M in short-term investments, though operating cash flow was negative $5.6M over nine months. Management is pivoting away from legacy mobile hotspots toward fixed wireless routers and telecommunications modules after a major customer sharply reduced demand for a key hotspot product.
Results remain highly concentrated: two customers represented over 90% of revenue, and two Asian manufacturers supplied more than 94% of purchases. Franklin also faces an ongoing lawsuit against subsidiary FTI in Korea, where Partron has increased its primary claim to $8.9M, which could affect consolidated results depending on the outcome.
Franklin Wireless Corp. announced a leadership change, appointing Bill Bauer as Chief Operating Officer effective March 25, 2026. He has been the company’s General Counsel and Director of Strategic Planning since January 2020 and also served as Interim Chief Financial Officer from September 2022 until January 1, 2025.
Bauer previously worked as in-house legal counsel and senior finance executive in multiple industries in California and Texas. He holds an MBA from San Diego State University and a Juris Doctor from California Western School of Law, and is a member of both the California and Texas State Bars.
Franklin Wireless Corp. reported lower sales but higher profit for the quarter ended December 31, 2025. Net sales were $11.93 million versus $17.83 million a year earlier, while net income attributable to the parent rose to $0.53 million from $0.23 million, or $0.05 diluted EPS versus $0.02.
For the six months, sales fell to $24.67 million from $31.15 million, but net income increased to $1.17 million from $0.74 million. Operating cash flow swung to a $5.57 million use of cash from $5.41 million provided, even as cash and cash equivalents totaled $9.36 million and short-term investments $24.26 million.
The company declared and paid a $0.04 per share cash dividend totaling $471,371. Customer and supplier concentration remained high, with the top two customers representing 91.6% of six-month net sales and a single Asian manufacturer accounting for 85.4% of product purchases. A lawsuit against subsidiary FTI in Korea seeks $8.90 million including interest; FTI is contesting the claims. Shares outstanding were 11,784,280 as of February 17, 2026.
Franklin Wireless (FKWL) reported Q1 FY2026 results. Net sales were $12,744,960 versus $13,322,912 a year ago, but gross profit improved to $2,909,770 as cost of goods sold fell. Operating income was $590,380, a swing from a prior-period operating loss. Net income attributable to the parent rose to $640,478 (EPS $0.05) from $515,187 (EPS $0.04).
Cash and cash equivalents were $13,380,124 with short-term investments of $25,334,511. Operating cash flow was $(1,488,908), primarily reflecting a rise in accounts receivable to $6,782,714 and lower inventories at $995,364. Total assets were $53,284,485 and total liabilities $14,926,406. Customer concentration remained high, with the two largest customers representing 90.4% of net sales. Subsequently, the Board declared a cash dividend of $0.04 per share, payable on December 2, 2025 to holders of record on November 14, 2025. Shares outstanding were 11,784,280 as of November 14, 2025.
Franklin Wireless (FKWL) called its 2025 Annual Meeting for December 22, 2025 at 2:00 p.m. PT, to be held virtually. Stockholders will vote on two items: (i) election of five directors and (ii) ratification of Simon & Edward, LLP as independent auditor for fiscal 2026. The Board recommends voting FOR both proposals. The record date is October 17, 2025.
The nominee slate includes OC Kim (President/CEO), Johnathan Chee, Heidy Chow, Kristina Kim, and Ira Greenstein. Beneficial ownership highlights: OC Kim 9.3%, Joon Won Jyoung 8.5%, and Paul Packer 6.2%.
Executive pay disclosures show OC Kim fiscal 2025 Summary Compensation Table total of $2,821,068 and “compensation actually paid” of $1,071,068, including a $746,067 option repurchase applied to a receivable; FY2025 bonuses of $1,750,000 were accrued. Pay-versus-performance reports net loss of $243,101 for 2025. Auditor fees were $104,378 in FY2025. The Company notes a $2,000,000 civil jury verdict in 2023 in its favor against the CEO for Section 16(b) short-swing profits.
Franklin Wireless (FKWL) announced a cash dividend of $0.04 per share on its common stock. The dividend will be paid on December 2, 2025 to shareholders of record as of November 14, 2025. The Board noted that any future dividends will be determined at its discretion based on the company’s financial condition, results of operations, capital requirements, and other relevant factors.
Franklin Wireless Corp. (FKWL) reported fiscal year results consolidating its operations with a majority stake in FTI and a newly formed joint venture, Sigbeat (60% Franklin, 40% Forge). Net sales remained concentrated geographically and by customer; the company improved gross margin to 17.2% from 11.4% and reduced loss before taxes to $185,596 from $(5,115,971) the prior year. Loss per share narrowed to $(0.02) from $(0.34). The company completed a $2.4 million settlement payment and recorded related accrued liabilities and related-party balances, including accrued bonuses totaling $2,625,000 and a receivable from its President partially offset by an option repurchase. Significant supplier concentration remains (approximately $31.99 million, 85.3% of purchases). Sigbeat received $5.0 million of capital contributions in accordance with ownership percentages, including a $2.0 million cash contribution from Forge.