Forian Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

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