---
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"
generated_at: "2026-06-11T18:59:55.815358+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Forian Q2 revenue up 36% to $4.9M; net loss narrows to $0.03/sh, Adj EBITDA positive

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-039081
- JSON: https://secwatch.observer/filing/0001140361-23-039081.json
- Plain text: https://secwatch.observer/filing/0001140361-23-039081.txt

## Key facts
- Earnings Releases
  Forian Inc. reported the quarter ended June 30, 2023 results: revenue $4.9 million, net income $1.1 million, EPS $0.03 per share.
  - Period: the quarter ended June 30, 2023
  - Revenue: $4.9 million
  - Net income: $1.1 million
  - EPS: $0.03 per share
  - Result: reported results
  source text: ● 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_url: https://www.sec.gov/Archives/edgar/data/1829280/000114036123039081/0001140361-23-039081-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.