Forian reported cash from operations of -$0.55M and free cash flow of -$0.55M for the quarter ended Mar 2026, down 222.3% year over year. This cash flow statement covers 26 quarters of results from Dec 2019 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | -6.96M | -7.02M | -8.05M | -12.06M | -5.43M | -5.13M | -3.39M | 6.68M | -0.94M | 6.73M | 1.52M | -1.21M | -2.55M | -0.20M | 0.20M | -1.13M | 0.22M | -0.15M | -1.82M | -3.36M | ||||||
| Share-based CompensationStock Comp. | 3.70M | 4.09M | 3.05M | 7.61M | 20.20M | 17.78M | 1.34M | 1.83M | 13.82M | 12.26M | 1.65M | 4.21M | 4.15M | 4.00M | 1.65M | 4.08M | 4.28M | 4.63M | 0.60M | 3.93M | ||||||
| Cash from Discontinued OperationsCash from Discont. Ops | -1.43M | 0.07M | -1.02M | -0.13M | -0.03M | -0.03M | ||||||||||||||||||||
| Gains from Investment SecuritiesGains Investment | 0.13M | -0.25M | -0.13M | -0.22M | -0.11M | -0.01M | -0.02M | 0.01M | -0.01M | -0.00M | 104.00 | -113.00 | -430.00 | -20.00 | ||||||||||||
| Asset Writedowns and ImpairmentWritedown | 0.04M | 0.04M | 0.14M | 0.02M | 0.05M | 0.07M | 0.11M | 0.17M | 0.06M | 0.15M | -0.15M | 0.13M | 0.01M | |||||||||||||
| Cash from OperationsCash from Ops. | -4.57M | -5.01M | -4.06M | -3.83M | -1.92M | -3.41M | 0.57M | -1.23M | -0.25M | 2.86M | -0.60M | -2.21M | -0.02M | 0.76M | 1.75M | 0.45M | -0.34M | -0.44M | 3.22M | -0.55M | ||||||
| Depreciation, Depletion & Amortization | ||||||||||||||||||||||||||
| Amortizatization of IntangiblesAmort. of Intangibles | -0.02M | 0.07M | 0.06M | 398.00 | 403.00 | 410.00 | 0.26M | 0.32M | 0.45M | 0.55M | 0.56M | 0.62M | 0.62M | 0.64M | 0.45M | 0.31M | 0.32M | 0.28M | 0.19M | 0.03M | ||||||
| Amortization of Deferred ChargesAmort. Deferred Charges | 444.00 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 889.00 | |||||||||
| Depreciation & Amortization (CF)Dep. & Amort. | 0.60M | 0.60M | 0.61M | 0.02M | 0.02M | 0.02M | 0.02M | 0.04M | 0.02M | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M | 0.04M | 0.05M | 0.05M | 0.05M | 0.05M | 0.05M | ||||||
| Change in Working Capital | ||||||||||||||||||||||||||
| Change in ReceivablesChange Receivables | 0.93M | 0.83M | -0.09M | 1.86M | -1.39M | 1.45M | -1.15M | 1.99M | 0.04M | -0.92M | -0.35M | 1.69M | -0.43M | -0.07M | -0.34M | 1.40M | -0.10M | 0.16M | 0.27M | -2.62M | ||||||
| Change in Account PayablesChange Payables | -1.72M | 0.86M | 0.03M | 0.62M | -0.42M | -0.01M | -0.33M | 0.03M | 0.57M | -0.66M | -0.10M | 0.21M | 1.12M | -0.65M | 0.14M | 1.29M | -0.39M | 0.24M | 1.72M | -0.04M | ||||||
| Change in Accured ExpensesChange Accured Exp. | 1.77M | -1.31M | 1.09M | -0.23M | -0.04M | 0.79M | 0.02M | -0.04M | -0.16M | 1.48M | -0.28M | -1.02M | 0.09M | -0.70M | 1.15M | -0.53M | 0.02M | 0.01M | 1.34M | -1.75M | ||||||
| Investing Activities | ||||||||||||||||||||||||||
| Capital ExpendituresCapex | 0.26M | 0.31M | 0.80M | 0.07M | -0.03M | 0.00M | 0.08M | |||||||||||||||||||
| Sales of Property, Plant and EquipmentPP&E (Sale) | 0.23M | |||||||||||||||||||||||||
| Acquisitions | ||||||||||||||||||||||||||
| Divestments | -0.83M | -0.83M | 0.00M | -0.01M | 20.89M | 1.08M | -0.47M | 2.91M | 1.67M | |||||||||||||||||
| Change in Acquisitions & DivestmentsChange Acquisitions | 7.50M | 12.51M | 10.00M | 12.40M | 12.40M | 11.59M | 14.70M | 18.26M | 23.14M | 37.20M | 42.46M | 45.36M | 39.90M | 46.16M | 35.06M | 30.55M | 20.93M | 30.34M | 14.30M | 18.67M | ||||||
| Cash from Investing ActivitiesCash from Investing | -5.27M | -0.20M | -0.80M | -0.67M | 1.69M | -9.03M | 1.55M | -0.63M | 2.34M | 0.65M | 4.76M | -1.77M | 1.01M | 0.03M | 18.02M | 0.84M | 0.00M | 7.00M | 5.11M | 18.67M | ||||||
| Financing Activities | ||||||||||||||||||||||||||
| Other financing activitiesOther financing | ||||||||||||||||||||||||||
| Cash from Financing ActivitiesCash from Financing | 12.00M | 23.99M | -0.00M | -0.01M | -0.06M | -0.03M | -0.09M | -0.03M | -0.98M | -3.49M | -1.03M | -0.02M | -0.09M | -17.89M | -0.17M | 0.01M | -7.27M | -0.08M | -0.08M | |||||||
| Change in Capital Stock | ||||||||||||||||||||||||||
| Net Shares Issued and RepurchasedNet Shares Issued | 3.89M | 0.90M | 1.23M | 1.10M | 0.28M | 0.21M | -0.07M | -0.22M | 0.13M | -0.42M | ||||||||||||||||
| Additional items | ||||||||||||||||||||||||||
| Exchange Rate EffectFX Effect | 0.09M | -0.08M | -0.00M | -83.00 | ||||||||||||||||||||||
| Change in Cash | 2.17M | 18.77M | -4.87M | -4.51M | -1.94M | -10.78M | 2.09M | -1.96M | 2.06M | 2.47M | 0.67M | -5.01M | 0.97M | 0.71M | 1.88M | 1.11M | -0.33M | -0.71M | 8.24M | 18.05M | ||||||
| Free Cash FlowFCF | -4.83M | -5.32M | -4.87M | -3.90M | -1.89M | -3.41M | 0.57M | -1.30M | -0.25M | 2.86M | -0.60M | -2.21M | -0.02M | 0.76M | 1.75M | 0.45M | -0.34M | -0.44M | 3.22M | -0.55M | ||||||
| Net Cash FlowNCF | 2.17M | 18.78M | -4.87M | -4.51M | -0.29M | -12.44M | 2.09M | -1.96M | 2.06M | 2.53M | 0.67M | -5.01M | 0.97M | 0.71M | 1.88M | 1.11M | -0.33M | -0.71M | 8.24M | 18.05M |