---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-042295"
form_type: "8-K"
ticker: "FORA"
cik: "0001829280"
company_name: "Forian Inc."
filed_at: "2025-11-14T23:59:59+00:00"
generated_at: "2026-05-16T19:54:30.093612+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Forian Q3 revenue up 66% to $7.8M; adjusted EBITDA rises 153% to $471K

## Summary
- Revenue $7.76M vs $4.69M YoY; net loss improved to $151K from $205K.
- Adjusted EBITDA $471K vs $186K YoY; net loss per share $0.00.
- Cash and marketable securities $28.2M at September 30, 2025.
- FY 2025 outlook reconfirmed: revenue at high end of $28-30M range; adj. EBITDA at high end of ($1.0)-$1.0M range.
- Growth driven by HEOR expansion, health services partnerships, and new financial analytics contracts.

## SEC filing metadata
- accession: 0001140361-25-042295
- form_type: 8-K
- ticker: FORA
- cik: 0001829280
- company_name: Forian Inc.
- filed_at: 2025-11-14T23:59:59+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/1829280/000114036125042295/0001140361-25-042295-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829280/000114036125042295/ef20058904_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-042295
- JSON: https://secwatch.observer/filing/0001140361-25-042295.json
- Plain text: https://secwatch.observer/filing/0001140361-25-042295.txt

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