---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-046473"
form_type: "8-K"
ticker: "FORA"
cik: "0001829280"
company_name: "Forian Inc."
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:04:17.260130+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Forian Q3 revenue down 12%, net loss of $0.2M; redeems $16M in convertible notes

## Summary
- Revenue of $4.69M, down 12% YoY from $5.35M; net loss of $0.2M vs prior-year income of $4.3M.
- Adjusted EBITDA fell to $0.19M from $1.07M; diluted EPS of ($0.01) vs $0.13.
- Redeemed $16M aggregate principal of 3.5% convertible notes due 2025 plus $1.79M accrued interest.
- Remaining $6M in notes held by Pamela Wygod, spouse of deceased director Martin J. Wygod.
- Acquired Kyber Data Science on Oct 31, 2024 for undisclosed terms; cash & securities at $49.4M.

## SEC filing metadata
- accession: 0001140361-24-046473
- form_type: 8-K
- ticker: FORA
- cik: 0001829280
- company_name: Forian Inc.
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829280/000114036124046473/0001140361-24-046473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829280/000114036124046473/ef20038548_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-046473
- JSON: https://secwatch.observer/filing/0001140361-24-046473.json
- Plain text: https://secwatch.observer/filing/0001140361-24-046473.txt

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