The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -151,220 | -901,069 |
| Depreciation and amortization | 52,135 | 103,451 |
| Amortization on right of use asset | 5,891 | 11,572 |
| Amortization of debt issuance costs | 889 | 2,666 |
| Amortization of discount - proceeds from sale of discontinued operations | 0 | 0 |
| Interest accrued on convertible notes | 35,095 | 103,701 |
| Accretion of discounts on marketable securities | 283,305 | 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 | 717,816 | 1,954,288 |
| Change in fair value of warrant liability | 0 | 0 |
| Accounts receivable | 157,556 | 1,295,930 |
| Contract assets | 78,095 | 79,915 |
| Prepaid expenses | -145,075 | 450,383 |
| Lease liabilities | -5,891 | -11,572 |
| Deposits and other assets | 183,135 | -984,687 |
| Accounts payable | 239,117 | 892,557 |
| Accrued expenses | 90,672 | -506,944 |
| Deferred revenues | -867,154 | 423,741 |
| Other liabilities | 0 | -500,000 |
| Net cash used in operating activities | -439,666 | 103,649 |
| Purchase of marketable securities | 23,341,903 | 50,635,919 |
| Sale and maturity of marketable securities | 30,340,000 | 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 | 6,998,097 | 840,081 |
| Tax payments related to shares withheld for vested restricted stock units | 6,961 | 172,295 |
| Repurchase of common stock | -420,665 | 7,721 |
| Cash used to redeem convertible notes | 6,840,000 | 0 |
| Net cash used in financing activities | -7,267,626 | -164,574 |
| Net change in cash and cash equivalents | -709,195 | 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)