| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -1,052,289 | -901,069 |
| Depreciation and amortization | 155,586 | 103,451 |
| Amortization on right of use asset | 17,463 | 11,572 |
| Amortization of debt issuance costs | 3,555 | 2,666 |
| Amortization of discount - proceeds from sale of discontinued operations | 0 | 0 |
| Interest accrued on convertible notes | 138,796 | 103,701 |
| Accretion of discounts on marketable securities | 910,506 | 627,201 |
| Gain on sale of investment | 0 | 0 |
| Gain on debt redemption | 0 | 0 |
| Provision for credit losses | 0 | 0 |
| Stock-based compensation expense | 2,672,104 | 1,954,288 |
| Change in fair value of warrant liability | 0 | 0 |
| Accounts receivable | 1,453,486 | 1,295,930 |
| Contract assets | 158,010 | 79,915 |
| Prepaid expenses | 305,308 | 450,383 |
| Lease liabilities | -17,463 | -11,572 |
| Deposits and other assets | -801,552 | -984,687 |
| Accounts payable | 1,131,674 | 892,557 |
| Accrued expenses | -416,272 | -506,944 |
| Deferred revenues | -443,413 | 423,741 |
| Other liabilities | -500,000 | -500,000 |
| Net cash used in operating activities | -336,017 | 103,649 |
| Purchase of marketable securities | 73,977,822 | 50,635,919 |
| Sale and maturity of marketable securities | 81,816,000 | 51,476,000 |
| Proceeds from sale of investment | 0 | 0 |
| Net cash from sale of discontinued operations | 0 | 0 |
| Net cash provided by (used in) investing activities | 7,838,178 | 840,081 |
| Tax payments related to shares withheld for vested restricted stock units | 179,256 | 172,295 |
| Repurchase of common stock | -412,944 | 7,721 |
| Cash used to redeem convertible notes | 6,840,000 | 0 |
| Net cash used in financing activities | -7,432,200 | -164,574 |
| Net change in cash and cash equivalents | 69,961 | 779,156 |
| Cash and cash equivalents at beginning of period | 4,590,661 | - |
| Cash and cash equivalents at end of period | 4,660,622 | - |
Forian Inc. (FORA)
Forian Inc. (FORA)