Forian Inc. (FORA)

Forian Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5.37	4.59	6.04	2.8	18.66	0.67
Short-Term Investments	30.28	30.49	42.3	17.4	12.4	11.5
Cash & Short-Term Investments	35.65	35.08	48.34	20.19	31.06	12.17
Cash Growth	-25.75%	-27.42%	139.40%	-35.00%	155.30%	7997.45%
Accounts Receivable	7.93	6.56	5.22	4.06	3	0.22
Other Receivables	-	0.68	3.77	0.43	-	-
Receivables	7.93	7.24	9	4.49	3	0.22
Prepaid Expenses	1.56	1.11	1.08	0.84	1.02	0.12
Other Current Assets	1.4	1.02	0.39	1.39	0.9	-
Total Current Assets	46.54	44.46	58.8	26.92	35.99	12.51
Property, Plant & Equipment	0.06	0.08	0.09	0.11	2.39	0.05
Goodwill	-	-	-	-	9.1	-
Other Intangible Assets	1.1	1.19	-	-	9.05	-
Other Long-Term Assets	0.76	1.44	1.52	19.23	0.31	-
Total Assets	48.46	47.17	60.41	46.26	56.84	12.55
Accounts Payable	1.88	0.98	0.16	0.32	1.13	0.65
Accrued Expenses	3.91	3.12	2.89	3.77	4.07	0.36
Short-Term Debt	-	-	-	-	0.01	-
Current Portion of Long-Term Debt	6.8	6.7	-	-	-	-
Current Portion of Leases	0.02	0.02	0.01	0.02	0.25	-
Current Unearned Revenue	4.91	4.49	2.23	2.58	0.98	0.16
Other Current Liabilities	-	1.3	1.53	1.67	0.37	0.13
Total Current Liabilities	17.52	16.6	6.82	8.35	6.8	1.29
Long-Term Debt	-	-	24.87	25.11	24.26	-
Long-Term Leases	-	0.01	-	0.01	0.61	-
Other Long-Term Liabilities	-	0.5	1	0.37	-	-
Total Liabilities	17.52	17.12	32.69	33.84	31.67	1.29
Common Stock	0.03	0.03	0.03	0.03	0.03	0.02
Additional Paid-In Capital	81.73	79.94	73.83	71.18	57.96	17.51
Retained Earnings	-50.82	-49.92	-46.14	-58.79	-32.82	-6.27
Shareholders' Equity	30.94	30.05	27.72	12.42	25.17	11.27
Total Liabilities & Equity	48.46	47.17	60.41	46.26	56.84	12.55
Total Debt	6.83	6.73	24.88	25.14	25.13	-
Net Cash (Debt)	28.82	28.35	23.46	-4.95	5.93	12.17
Net Cash Growth	21.16%	20.85%	-	-	-51.26%	-
Net Cash Per Share	0.93	0.91	0.73	-0.15	0.20	0.92
Filing Date Shares Outstanding	31.2	31.19	31.09	32.22	31.78	31.35
Total Common Shares Outstanding	31.2	31.01	30.88	31.91	30.95	21.23
Working Capital	29.02	27.86	51.98	18.56	29.19	11.22
Book Value Per Share	0.99	0.97	0.90	0.39	0.81	0.53
Tangible Book Value	29.84	28.86	27.72	12.42	7.02	11.27
Tangible Book Value Per Share	0.96	0.93	0.90	0.39	0.23	0.53
Machinery	-	0.17	0.17	0.17	0.28	0.06

Updated May 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q