{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-011363","form_type":"8-K","ticker":"FORA","cik":"0001829280","company_name":"Forian Inc.","filed_at":"2025-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.131279+00:00","generated_at":"2026-05-24T02:18:42.625876+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Forian to restate 2023 and Q3 2024 financials due to revenue recognition error","bullets":["Audit Committee determined 2023 quarterly/annual and Q3 2024 financials are no longer reliable.","Error: ASC 606 misapplication; minimum payments on certain contracts not recognized on straight-line basis.","Restatement expected to increase previously reported revenues and net income for all periods since 2021.","No impact on cash flows; company targeting filing of 2024 Form 10-K as soon as practicable.","Discussion with auditor Marcum LLP; restatement details to be included in 2024 10-K."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-011363","json":"https://secwatch.observer/filing/0001140361-25-011363.json","markdown":"https://secwatch.observer/filing/0001140361-25-011363.md","text":"https://secwatch.observer/filing/0001140361-25-011363.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829280/000114036125011363/0001140361-25-011363-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829280/000114036125011363/ef20046685_form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T02:18:42.625876+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}