secwatch.observer — SEC 8-K summary
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Issuer:     Forian Inc. (FORA)
CIK:        0001829280
Form:       8-K
Filed at:   2022-05-12T23:59:59+00:00
Accession:  0001140361-22-018845
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forian Q1 revenue up 294% to $6.4M; net loss widens to $11.9M; reaffirms FY22 guidance
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- Revenue $6.4M, +294% YoY; pro forma revenue growth 76% YoY and 11% sequentially.
- Net loss $11.9M ($0.37 loss per share) vs $4.5M ($0.19); includes $5.6M separation costs.
- Adjusted EBITDA negative $3.4M vs negative $2.9M prior year.
- Cash and marketable securities $27.1M at quarter end.
- Reaffirmed 2022 revenue guidance $25.5M-$27.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829280/000114036122018845/0001140361-22-018845-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829280/000114036122018845/brhc10037551_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-018845

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer