{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-039081","form_type":"8-K","ticker":"FORA","cik":"0001829280","company_name":"Forian Inc.","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.542169+00:00","generated_at":"2026-06-11T18:59:55.815358+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Forian Q2 revenue up 36% to $4.9M; net loss narrows to $0.03/sh, Adj EBITDA positive","bullets":["Revenue $4.9M, up 36% YoY from $3.6M.","Net loss from continuing ops $1.1M ($0.03/share), vs $4.0M ($0.13/share) a year ago.","Adjusted EBITDA from continuing ops positive $67k, compared to negative $2.5M in Q2 2022.","Cash and equivalents $41.2M at June 30, 2023; sold minority equity interest in July for $5.9M cash.","Company reaffirms year-end revenue guidance, citing cost reductions and operating leverage."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-039081","json":"https://secwatch.observer/filing/0001140361-23-039081.json","markdown":"https://secwatch.observer/filing/0001140361-23-039081.md","text":"https://secwatch.observer/filing/0001140361-23-039081.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829280/000114036123039081/0001140361-23-039081-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829280/000114036123039081/brhc20057281_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T18:59:55.815358+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fb234ca64bce0d2dc09ac1ab400a4b520c48e579","claim":"Forian Inc. reported the quarter ended June 30, 2023 results: revenue $4.9 million, net income $1.1 million, EPS $0.03 per share.","evidence_excerpt":"● Forian delivered the following results for the second quarter of 2023: Three Months Ended June 30, Period- over- 2023 2022 Period % Unaudited Unaudited Change Total revenue $ 4,893,542 $ 3,602,913 36% Loss from continuing operations, net of tax $ (1,090,400 ) $ (4,008,132 ) 73% Loss from discontinued operations, net of tax $ (32,426 ) $ (1,425,413 ) 98% Net Loss","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829280/000114036123039081/0001140361-23-039081-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$4.9 million"},{"label":"Net income","value":"$1.1 million"},{"label":"EPS","value":"$0.03 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}