Forian Inc. (FORA)

Forian Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	30.95	12.9	4.59	6.04	2.8	18.66
Short-Term Investments	-	18.65	30.49	42.3	17.4	12.4
Cash & Short-Term Investments	30.95	31.55	35.08	48.34	20.19	31.06
Cash Growth	-13.22%	-10.07%	-27.42%	139.40%	-35.00%	155.30%
Accounts Receivable	3.9	8.08	6.56	5.22	4.06	3
Other Receivables	-	0.28	0.68	3.77	0.43	-
Receivables	3.9	8.36	7.24	9	4.49	3
Prepaid Expenses	1.03	0.99	1.11	1.08	0.84	1.02
Other Current Assets	1.52	1.65	1.02	0.39	1.39	0.9
Total Current Assets	37.41	42.56	44.46	58.8	26.92	35.99
Property, Plant & Equipment	0.03	0.04	0.08	0.09	0.11	2.39
Goodwill	-	-	-	-	-	9.1
Other Intangible Assets	0.95	1	1.19	-	-	9.05
Other Long-Term Assets	0.42	0.53	1.44	1.52	19.23	0.31
Total Assets	38.81	44.13	47.17	60.41	46.26	56.84

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	3.79	3.83	0.98	0.16	0.32	1.13
Accrued Expenses	3.51	4.2	3.12	2.89	3.77	4.07
Short-Term Debt	-	-	-	-	-	0.01
Current Portion of Long-Term Debt	-	-	6.7	-	-	-
Current Portion of Leases	0.01	0.01	0.02	0.01	0.02	0.25
Current Unearned Revenue	4.62	5.25	4.49	2.23	2.58	0.98
Other Current Liabilities	-	1.05	1.3	1.53	1.67	0.37
Total Current Liabilities	11.93	14.35	16.6	6.82	8.35	6.8
Long-Term Debt	-	-	-	24.87	25.11	24.26
Long-Term Leases	-	-	-	-	0.01	0.61
Other Long-Term Liabilities	-	-	0.51	1	0.37	-
Total Liabilities	11.93	14.35	17.12	32.69	33.84	31.67

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	83.01	82.54	79.94	73.83	71.18	57.96
Retained Earnings	-56.15	-52.79	-49.92	-46.14	-58.79	-32.82
Shareholders' Equity	26.89	29.78	30.05	27.72	12.42	25.17
Total Liabilities & Equity	38.81	44.13	47.17	60.41	46.26	56.84

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.01	0.01	6.72	24.88	25.14	25.13
Net Cash (Debt)	30.95	31.54	28.36	23.46	-4.95	5.93
Net Cash Growth	7.13%	11.20%	20.90%	-	-	-51.26%
Net Cash Per Share	0.99	1.01	0.91	0.73	-0.15	0.20
Filing Date Shares Outstanding	31.24	31.21	31.19	31.09	32.22	31.78
Total Common Shares Outstanding	31.24	31.07	31.01	30.88	31.91	30.95
Working Capital	25.48	28.2	27.86	51.98	18.56	29.19
Book Value Per Share	0.86	0.96	0.97	0.90	0.39	0.81
Tangible Book Value	25.93	28.78	28.86	27.72	12.42	7.02
Tangible Book Value Per Share	0.83	0.93	0.93	0.90	0.39	0.23
Machinery	-	0.09	0.17	0.17	0.17	0.28

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: May 15, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 10, 2026

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