Forian Inc. financial data

Symbol
FORA on Nasdaq
Industry
Services-Computer Processing & Data Preparation
Location
41 University Drive, Suite 400, Newtown, PA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Apr 11, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 348 % -50.3%
Debt-to-equity 102 % -24.6%
Return On Equity -13.8 % -129%
Return On Assets -6.84 % -134%
Operating Margin -34.7 % -49.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 31.2M shares +0.2%
Common Stock, Shares, Outstanding 31M shares +0.29%
Entity Public Float 42M USD +5%
Common Stock, Value, Issued 31K USD +0.29%
Weighted Average Number of Shares Outstanding, Basic 31.1M shares -3%
Weighted Average Number of Shares Outstanding, Diluted 31.1M shares -3.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 20.2M USD -5.01%
Research and Development Expense 1.44M USD +2.64%
Selling and Marketing Expense 4.33M USD -12.6%
General and Administrative Expense 12.5M USD -0.5%
Costs and Expenses 27.1M USD +3.79%
Operating Income (Loss) -6.99M USD -41.6%
Nonoperating Income (Expense) 3.28M USD -55.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -3.7M USD -249%
Income Tax Expense (Benefit) 66.6K USD -22.3%
Net Income (Loss) Attributable to Parent -3.77M USD -132%
Earnings Per Share, Basic -0.12 USD/shares -133%
Earnings Per Share, Diluted -0.12 USD/shares -133%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.59M USD -24%
Marketable Securities, Current 30.5M USD -27.9%
Accounts Receivable, after Allowance for Credit Loss, Current 3.97M USD +54.4%
Other Assets, Current 1.71M USD -32.1%
Assets, Current 44.5M USD -24.4%
Property, Plant and Equipment, Net 46.7K USD -38.7%
Operating Lease, Right-of-Use Asset 35.6K USD +233%
Assets 47.2M USD -21.9%
Accounts Payable, Current 983K USD +508%
Employee-related Liabilities, Current 1.57M USD -8.6%
Accrued Liabilities, Current 4.41M USD -0.23%
Contract with Customer, Liability, Current 4.49M USD +102%
Liabilities, Current 16.6M USD +143%
Operating Lease, Liability, Noncurrent 0 USD -100%
Other Liabilities, Noncurrent 512K USD -48.8%
Liabilities 17.1M USD -47.6%
Retained Earnings (Accumulated Deficit) -49.9M USD -8.17%
Stockholders' Equity Attributable to Parent 30.1M USD +8.41%
Liabilities and Equity 47.2M USD -21.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.21M USD -79.7%
Net Cash Provided by (Used in) Financing Activities -1.03M USD -990%
Net Cash Provided by (Used in) Investing Activities -1.77M USD -180%
Common Stock, Shares Authorized 95M shares 0%
Common Stock, Shares, Issued 31M shares +0.29%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -5.01M USD -156%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 4.59M USD -24%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 8.05M USD -0.86%
Deferred Tax Assets, Gross 8.27M USD -3.97%
Operating Lease, Liability 35.6K USD +233%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid 36.9K USD
Property, Plant and Equipment, Gross 168K USD 0%
Operating Lease, Liability, Current 23.4K USD +120%
Lessee, Operating Lease, Liability, to be Paid, Year Two 12.3K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 24.6K USD +125%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure -52.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.36K USD +356%
Deferred Tax Assets, Operating Loss Carryforwards 4.75M USD -7.65%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Operating Lease, Payments 5.48K USD -7.59%
Additional Paid in Capital 79.9M USD +8.27%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 8.89K USD -76.9%
Deferred Tax Assets, Net of Valuation Allowance 216K USD -55.7%
Share-based Payment Arrangement, Expense 6.53M USD -0.69%
Interest Expense 825K USD -2.13%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%