For the quarter ending 2026-03-31, FORA made $6,851,095 in revenue. -$3,362,110 in net income. Net profit margin of -49.07%.
| Income Statement | 2026-03-31 | 2025-09-30 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenue | 6,851,095 | 7,762,183 | 5,958,143.5* | 4,686,312 |
| Cost of revenues | 4,844,102 | 3,753,561 | 2,519,406* | 1,402,920 |
| Research and development | 961,458 | 676,172 | 546,000.5* | 291,962 |
| Litigation settlements and related expenses | - | 0 | 745,602.5* | -1,394 |
| Sales and marketing | 1,482,486 | 1,461,348 | 1,372,326* | 956,983 |
| General and administrative | 2,447,074 | 2,118,273 | 3,372,716.25* | 2,822,253 |
| Depreciation and amortization | 51,884 | 52,135 | 41,612* | 6,629 |
| Strategic review and transaction related expenses | 551,824 | 170,579 | 189,185.75* | - |
| Total costs and expenses | 10,338,828 | 8,232,068 | 7,295,644* | 5,482,141 |
| Operating loss | -3,487,733 | -469,885 | -1,337,500.5* | -795,829 |
| Loss on sale of investment | - | 0 | -15,552* | 32,082 |
| Change in fair value of warrant liability | - | 0 | -112* | 20 |
| Interest and investment income | 155,543 | 336,002 | 1,671,318.25* | 658,339 |
| Gain on bargain purchase | - | - | 301,207.5* | - |
| Interest expense | 0 | 35,984 | 125,851.5* | 195,415 |
| Gain on debt redemption | - | 0 | 70,764.75* | - |
| Total other income, net | 155,543 | 300,018 | 1,901,775* | 495,026 |
| Net gain before income taxes | -3,332,190 | -169,867 | 564,274.5* | -300,803 |
| Income tax expense | 29,920 | -18,647 | 198,095.5* | -95,896 |
| Net gain | - | -151,220 | 366,179 | -204,907 |
| Net gain | -3,362,110 | - | 366,179 | -204,907 |
| Basic EPS | -0.11 | 0 | 0.012 | -0.01 |
| Diluted EPS | -0.11 | 0 | 0.012 | -0.01 |
| Basic Average Shares | 31,152,930 | 31,082,725 | 31,014,967 | 31,098,180 |
| Diluted Average Shares | 31,152,930 | 31,082,725 | 31,014,967 | 31,098,180 |
Forian Inc. (FORA)
Forian Inc. (FORA)