For the quarter ending 2025-09-30, FORA made $7,762,183 in revenue. -$151,220 in net income. Net profit margin of -1.95%.
| Income Statement | 2025-09-30 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Revenue | 7,762,183 | 5,344,925 | 4,686,312 | 4,777,101 |
| Cost of revenues | 3,753,561 | 2,062,162.5 | 1,402,920 | 1,806,918 |
| Research and development | 676,172 | 422,791 | 291,962 | 307,201 |
| Sales and marketing | 1,461,348 | 1,179,823.5 | 956,983 | 1,017,659 |
| General and administrative | 2,118,273 | 3,024,543 | 2,822,253 | 3,665,601 |
| Litigation settlements and related expenses | 0 | 136,875 | -1,394 | -942,311 |
| Depreciation and amortization | 52,135 | 24,435.5 | 6,629 | 7,889 |
| Strategic review and transaction related expenses | 170,579 | 189,185.75 | - | - |
| Total costs and expenses | 8,232,068 | 6,955,252 | 5,482,141 | 7,747,579 |
| Operating loss | -469,885 | -1,610,327 | -795,829 | -2,970,478 |
| Change in fair value of warrant liability | 0 | 56.5 | 20 | 430 |
| Interest and investment income | 336,002 | 572,803 | 658,339 | 618,316 |
| Gain on sale of investment | 0 | 16,204 | 32,082 | - |
| Gain on bargain purchase | - | 301,207.5 | - | - |
| Interest expense | 35,984 | 160,106 | 195,415 | 193,306 |
| Gain on debt redemption | 0 | 450,839 | - | - |
| Total other income, net | 300,018 | 1,181,004 | 495,026 | 425,440 |
| Net loss before income taxes | -169,867 | -429,323 | -300,803 | -2,545,038 |
| Income tax benefit (expense) | -18,647 | 77,129 | -95,896 | 8,221 |
| Net loss | -151,220 | -506,452 | -204,907 | -2,553,259 |
| Net (loss) income | - | -506,452 | -204,907 | -2,553,259 |
| Basic net income (loss) per common share (in dollars per share) | 0 | -0.015 | -0.01 | -0.08 |
| Diluted net income (loss) per common share (in dollars per share) | 0 | -0.015 | -0.01 | -0.08 |
| Weighted-average shares outstanding - basic (in shares) | 31,082,725 | -15,563,064.5 | 31,098,180 | 31,098,497 |
| Weighted-average shares outstanding - diluted (in shares) | 31,082,725 | -15,563,064.5 | 31,098,180 | 31,098,497 |
Forian Inc. (FORA)
Forian Inc. (FORA)