Forian Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	20.49	20.48	16.42	16.88	0.54	0
Revenue Growth (YoY)	15.40%	24.75%	-2.73%	2997.93%	-	-
Cost of Revenue	5.93	5.48	5.05	4.72	0.04	0
Gross Profit	14.56	15	11.37	12.16	0.51	0
Selling, General & Admin	18.23	18.52	20.83	27.61	2.11	0.46
Research & Development	1.27	1.41	4.01	8.98	2.51	0.83
Other Operating Expenses	0.04	0.67	5.48	3.2	0.87	0
Operating Expenses	19.54	20.6	30.32	39.78	5.49	1.29
Operating Income	-4.98	-5.6	-18.95	-27.62	-4.98	-1.29
Interest Expense / Income	0.83	0.83	0.85	0.32	0	0
Other Expense / Income	-9.36	-17.62	6.15	-1.41	-0	-0
Pretax Income	3.55	11.19	-25.95	-26.53	-4.98	-1.29
Income Tax	0.16	0.09	0.02	0.02	0	0
Net Income	3.4	11.11	-25.97	-26.55	-4.98	-1.29
Shares Outstanding (Basic)	31	32	32	30	13	31
Shares Outstanding (Diluted)	31	32	32	30	13	-
Shares Change	-4.03%	0.62%	8.48%	123.87%	-57.92%	-
EPS (Basic)	0.11	0.34	-0.81	-0.90	-0.38	-
EPS (Diluted)	0.10	0.34	-0.81	-0.90	-0.38	-
Free Cash Flow	-0.25	0.65	-8.63	-18.69	-4.3	-1.03
Free Cash Flow Per Share	-0.01	0.02	-0.27	-0.63	-0.33	-0.03
Gross Margin	71.07%	73.26%	69.24%	72.05%	92.97%	-
Operating Margin	-24.30%	-27.32%	-115.44%	-163.61%	-914.67%	-
Profit Margin	16.57%	54.23%	-158.19%	-157.30%	-914.01%	-
Free Cash Flow Margin	-1.22%	3.19%	-52.56%	-110.74%	-789.59%	-
Effective Tax Rate	4.46%	0.77%	-	-	-	-
EBITDA	4.45	12.12	-25.03	-24	-4.97	-1.29
EBITDA Margin	21.70%	59.19%	-152.48%	-142.16%	-912.44%	-
Depreciation & Amortization	0.07	0.1	0.07	2.21	0.01	0
EBIT	4.38	12.03	-25.1	-26.21	-4.98	-1.29
EBIT Margin	21.37%	58.72%	-152.89%	-155.25%	-914.01%	-

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).