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FRANKLIN WIRELESS CORP

For the period ended Dec 31, 2023. Filed Feb 14, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Dec 31, 2023 · Filed Feb 14, 2024

FKWL$2.11-5.4%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Table of Contents

INDEX

Page
PART I – Financial Information
Item 1: · Consolidated Financial Statements (unaudited)
Consolidated Balance Sheets as of December 31, 2023 (unaudited) and June 30, 20234
Consolidated Statements of (Loss) Income and Comprehensive (Loss) Income (unaudited) for the three and six months ended December 31, 2023 and 20225
Consolidated Statements of Stockholders' Equity (unaudited) for the three and six months ended December 31, 2023 and 20226-7
Consolidated Statements of Cash Flows (unaudited) for the six months ended December 31, 2023 and 20228
Notes to Consolidated Financial Statements (unaudited)9
Item 2:Management’s Discussion and Analysis of Financial Condition and Results of Operations26
Item 3:Quantitative and Qualitative Disclosures About Market Risk31
Item 4:Controls and Procedures32
PART II – Other Information
Item 1:Legal Proceedings33
Item 1A:Risk Factors33
Item 2:Unregistered Sales of Equity Securities and Use of Proceeds33
Item 3:Defaults Upon Senior Securities33
Item 4:Mine Safety Disclosures33
Item 5:Other Information33
Item 6:Exhibits33
Signatures34

NOTE ON FORWARD LOOKING STATEMENTS

You should keep in mind the following points as you read this Report on Form 10-Q:

The terms “we,” “us,” “our,” “Franklin,” “Franklin Wireless,” or the “Company” refer to Franklin Wireless Corp.

This Report on Form 10-Q contains statements which, to the extent they do not recite historical fact, constitute “forward looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward looking statements are used under the caption “Management’s Discussion and Analysis of Financial Condition and Results of Operation,” and elsewhere in this Quarterly Report on Form 10-Q. You can identify these statements by the use of words like “may,” “will,” “could,” “should,” “project,” “believe,” “anticipate,” “expect,” “plan,” “estimate,” “forecast,” “potential,” “intend,” “continue,” and variations of these words or comparable words. Forward looking statements do not guarantee future performance and involve risks and uncertainties. Actual results may differ substantially from the results that the forward looking statements suggest for various reasons, including those discussed under the caption “Risk Factors” in Item 1A of our Annual Report on Form 10-K for the year ended June 30, 2023. These forward looking statements are made only as of the date of this Report on Form 10-Q. We do not undertake to update or revise the forward looking statements, whether as a result of new information, future events or otherwise.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.