Forian Inc.

Forian Inc.

FORAยทNASDAQ

$2.17

+0.0000%
HealthcareMedical - Healthcare Information Services

Forian Inc. provides software solutions, proprietary data driven insights, and predictive analytics to optimize the operational, clinical, and financial performance of its healthcare, cannabis, and government customers. It operates through three segments: Information & Software, Services, and Other. The company's products include BioTrack, a vertically integrated point of sale, manufacturing, delivery, and cultivator software solution for dispensaries, cultivators, manufacturers, and distributors; and Cannalytics, a Software as a Service based analytics solution that provides clients with a presentation of business performance. Its products also comprise BioTrack seed-to-sale compliance traceability platform, which is used to manage the tracking and tracing of various cannabis products from cultivation to sale; BioTrack State Traceability & Enforcement Monitoring System to ensure transparency and accountability throughout cannabis supply chain; and STEMS, a seed-to-sale tracking module, to provide cannabis program management solution to cannabis regulatory agencies. In addition, the company offers security monitoring and web marketing services. The company is headquartered in Newtown, Pennsylvania.

At a Glance

Live Snapshot
Market Cap$67.79M
EPS-0.0924
P/E Ratio-22.95
Earnings Date08/12/2026
3Y-5.0%
5Y+252.0%
10Y+24548.0%
3Y-58.0%
5Y+1015.0%
10Y+3020.0%
3Y+140.0%
5Y+164.0%
10Y-10696.0%
fora

Forian Inc. Funding & Solvency Profile

FORA ยท NASDAQ
Cash & Cash Equivalents12.90M
Net Receivables8.32M
Inventory0.00
Other Current Assets2.68M
Total Current Assets43 M
Property, Plant & Equipment41.56K
Goodwill & Intangible Assets1.00M
Long-Term Investments0.00
Other Non-Current Assets531.03K
Total Non-Current Assets573 K
Total Assets
44.13M

Financial Health Analysis

Current Ratio

2.97x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.48x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

28 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

96% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Forian Inc. Balance Sheet

FORA โ€ข NASDAQ

Forian Inc. Balance SheetDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
ASSETS
CURRENT ASSETS
12.9M
4.6M
6M
2.8M
18.7M
665.5K
494.0
18.6M
30.5M
42.3M
17.4M
12.4M
11.5M
149.8K
31.6M
35.1M
48.3M
20.2M
31.1M
12.2M
150.3K
8.3M
6.6M
9M
4.1M
3M
219.7K
0.0
8.1M
4M
5.2M
1.8M
1.9M
23K
0.0
239.8K
2.6M
3.8M
2.3M
1.1M
196.7K
0.0
0.0
0.0
0.0
0.0
1M
0.0
0.0
0.0
1.1M
1.1M
835.8K
0.0
121K
25.4K
2.7M
1.7M
6.9K
1.8M
900.2K
0.0
0.0
42.6M
44.5M
58.4M
26.9M
36M
12.5M
175.6K
NON-CURRENT ASSETS
41.6K
82.2K
86.7K
107.6K
2.4M
46.4K
3.4K
0.0
0.0
0.0
9.1M
9.1M
0.0
0.0
1M
1.2M
1.4M
6.8M
9.1M
0.0
0.0
1M
1.2M
1.4M
15.9M
18.2M
0.0
0.0
0.0
0.0
487.6K
0.0
0.0
0.0
0.0
531K
1.4M
515.6K
3.4M
314.4K
0.0
-3.4K
1.6M
2.7M
2.5M
19.3M
20.9M
46.4K
3.4K
44.1M
47.2M
60.9M
46.3M
56.8M
12.6M
179K
LIABILITIES
CURRENT LIABILITIES
3.8M
982.7K
161.6K
316.1K
1.1M
647.6K
6.4K
3.8M
982.7K
161.6K
316.1K
1.1M
647.6K
6.4K
0.0
2.8M
1.7M
1.7M
2M
134K
269.4K
0.0
6.7M
10.7K
0.0
13.1K
0.0
184.3K
12.1K
23.4K
0.0
21.6K
247.3K
0.0
0.0
5.3M
4.5M
2.2M
2.6M
976.3K
158.9K
0.0
5.3M
1.6M
2.7M
3.7M
2.4M
346.7K
0.0
14.4M
16.6M
6.8M
8.4M
6.8M
1.3M
460.1K
NON-CURRENT LIABILITIES
0.0
0.0
23M
25.1M
24.3M
0.0
0.0
408.4K
215.9K
487.6K
0.0
0.0
0.0
0.0
0.0
512.1K
2.9M
0.0
0.0
0.0
0.0
408.4K
728.1K
26.4M
25.5M
24.9M
0.0
0.0
0.0
-215.9K
0.0
0.0
0.0
0.0
0.0
12.1K
23.4K
0.0
398.2K
858.8K
0.0
0.0
14.4M
17.1M
33.2M
33.8M
31.7M
1.3M
460.1K
SHAREHOLDERS' EQUITY
31.1K
31K
30.9K
32.3K
31.8K
21.2K
7.7K
82.5M
79.9M
73.8M
71.2M
58M
17.5M
1M
-52.8M
-49.9M
-46.1M
-58.8M
-32.8M
-6.3M
-1.3M
29.8M
30.1M
27.7M
12.4M
25.2M
11.3M
-281K
29.8M
30.1M
27.7M
12.4M
25.2M
11.3M
-281K
SUMMARY
44.1M
47.2M
60.9M
46.3M
56.8M
12.6M
179K
18.6M
30.5M
42.3M
17.4M
12.4M
11.5M
149.8K
12.1K
6.7M
23M
25.5M
25.1M
0.0
184.3K
-12.9M
2.1M
17M
22.7M
6.5M
-665.5K
183.8K
31,133,134
31,133,134
31,133,134
31,133,134
31,133,134
31,133,134
31,133,134

SEC Filings

FORA - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 15, 2026
May 15, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 15, 2026
March 31, 2026
2026
10-K/A

10-K/A 2025 FY (Amended)

FY

April 30, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

April 03, 2026
April 02, 2026
2026
10-K

10-K 2025 FY

FY

March 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 27, 2026
March 27, 2026
2026
8-K

8-K 2026

N/A

January 12, 2026
January 08, 2026
2026
DEF 14A

DEF 14A 2026

N/A

December 15, 2025
January 08, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 14, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 14, 2025
November 14, 2025
2025
Showing 1 to 10 of 78 filings