FORA: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, FORA has $41,254,335 in assets. $10,173,704 in debts. $4,660,622 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	4,660,622	5,369,817
Marketable securities	23,564,416	30,279,208
Accounts receivable, net	5,425,188	5,267,632
Contract assets, net	2,744,722	2,666,627
Prepaid expenses	1,416,542	1,561,617
Other current assets	1,555,879	1,396,202
Total current assets	39,367,369	46,541,103
Property and equipment	121,403	-
Less accumulated depreciation	87,937	-
Property and equipment, net	33,466	37,504
Intangible assets, net	1,049,644	1,097,741
Right of use assets, net	18,097	23,988
Deposits and other assets	785,759	762,301
Total assets	41,254,335	48,462,637

Accounts payable	2,114,339	1,875,222
Accrued expenses and other current liabilities	3,996,995	3,906,323
Short-term operating lease liabilities	18,097	23,988
Deferred revenues	4,044,273	4,911,427
Convertible notes payable, net of debt issuance costs (note 11) (0 and 6,000,000 in principal as of september 30, 2025 and december 31, 2024 was held by a related party. refer to note 14)	0	6,804,016
Total current liabilities	10,173,704	17,520,976
Other long-term liabilities	0	0
Total long-term liabilities	0	0
Total liabilities	10,173,704	17,520,976
Common stock par value 0.001 95,000,000 shares authorized 30,996,512 issued and outstanding as of september 30, 2025 and 31,010,788 issued and outstanding as of december 31, 2024	30,997	31,203
Additional paid-in capital	82,017,033	81,726,637
Accumulated deficit	-50,967,399	-50,816,179
Total stockholders' equity	31,080,631	30,941,661
Total liabilities and stockholders' equity	41,254,335	48,462,637

Unit: Dollar