Forian Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 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
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
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
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