---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-037333"
form_type: "8-K"
ticker: "FORA"
cik: "0001829280"
company_name: "Forian Inc."
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:24:19.748366+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Forian Q2 revenue down 2% YoY, net loss widens to $2.6M; updates FY guidance

## Summary
- Revenue $4.78M vs $4.89M YoY (-2%); net loss $2.55M ($0.08 diluted loss) vs $1.12M ($0.03 loss).
- Adjusted EBITDA $78K vs $417K YoY, still positive but sharply lower.
- Cash and securities $48.0M at June 30, 2024.
- FY2024 outlook: revenue $19-20M, adjusted EBITDA -$0.5M to $0.5M.
- Expanding Chronos data lake to offset expected 2025 loss of certain data from one supplier.

## SEC filing metadata
- accession: 0001140361-24-037333
- form_type: 8-K
- ticker: FORA
- cik: 0001829280
- company_name: Forian Inc.
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1829280/000114036124037333/0001140361-24-037333-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829280/000114036124037333/ef20033935_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-037333
- JSON: https://secwatch.observer/filing/0001140361-24-037333.json
- Plain text: https://secwatch.observer/filing/0001140361-24-037333.txt

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