Forian reported revenue of $6.85M and net income of -$3.36M for the quarter ended Mar 2026, down 2.9% year over year. This income statement covers 26 quarters of results from Dec 2019 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Income 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||
| Revenue | 4.55M | 4.96M | 3.53M | 3.60M | 4.31M | 4.97M | 5.08M | 5.10M | 5.53M | 5.51M | 4.88M | 4.78M | 4.69M | 5.81M | 7.06M | 7.48M | 7.76M | 7.96M | 6.85M | |||||||
| Cost of RevenueCost of Rev | 1.23M | 1.34M | 1.69M | 1.24M | 1.27M | 1.34M | 1.20M | 1.25M | 1.28M | 1.36M | 1.59M | 1.70M | 1.81M | 1.40M | 2.42M | 3.13M | 3.23M | 3.75M | 4.04M | 4.84M | ||||||
| Gross Profit | 3.32M | 3.62M | -1.69M | 2.29M | 2.33M | 2.97M | 3.77M | 3.82M | 3.82M | 4.17M | 3.92M | 3.17M | 2.97M | 3.28M | 3.39M | 3.92M | 4.25M | 4.01M | 3.92M | 2.01M | ||||||
| Operating items | ||||||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 0.01M | 0.01M | 0.01M | 0.01M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | |||||||||||||||||
| Research & DevelopmentR&D | 1.95M | 2.61M | 2.92M | 1.09M | 1.42M | 1.08M | 0.69M | 1.22M | 1.26M | 1.33M | 1.15M | 1.06M | 1.02M | 0.96M | 1.30M | 1.38M | 1.50M | 1.46M | 1.69M | 1.48M | ||||||
| Selling, General & AdministrativeSG&A | 6.58M | 6.67M | 7.43M | 5.27M | 3.82M | 3.91M | 3.88M | 3.56M | 3.20M | 2.89M | 2.96M | 3.28M | 3.23M | 2.86M | 3.17M | 3.28M | 1.97M | 2.12M | 2.04M | 2.45M | ||||||
| Restructuring CostsRestructuring | ||||||||||||||||||||||||||
| Other Operating ExpensesOther Opex | 0.20M | -0.17M | -0.08M | -0.35M | -0.32M | -0.28M | -0.21M | -0.94M | -0.00M | 0.48M | 6.41M | |||||||||||||||
| Operating ExpensesOpex | 11.53M | 12.31M | 13.92M | 13.86M | 7.53M | 7.15M | 6.83M | 7.28M | 6.40M | 6.17M | 6.29M | 6.65M | 7.75M | 5.48M | 7.26M | 8.45M | 7.43M | 8.23M | 9.91M | 10.34M | ||||||
| Operating IncomeOp. Inc | -6.98M | -7.35M | -8.17M | -10.33M | -3.93M | -2.84M | -1.86M | -2.20M | -1.30M | -0.64M | -0.78M | -1.77M | -2.97M | -0.80M | -1.45M | -1.39M | 0.05M | -0.47M | -1.95M | -3.49M | ||||||
| EBIT | -6.98M | -7.35M | -8.17M | -10.33M | -3.93M | -2.84M | -1.86M | -2.20M | -1.30M | -0.64M | -0.78M | -1.77M | -2.97M | -0.80M | -1.45M | -1.39M | 0.05M | -0.47M | -1.95M | -3.49M | ||||||
| Non-operating items | ||||||||||||||||||||||||||
| Non Operating Interest Expenses | 0.08M | 0.22M | 0.21M | 0.21M | 0.21M | 0.21M | 0.21M | 0.21M | 0.21M | 0.20M | 0.20M | 0.19M | 0.20M | 0.12M | 0.05M | 0.05M | 0.04M | |||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | 5.81M | 0.05M | 0.03M | |||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | -0.02M | 0.00M | 0.00M | 0.00M | 0.02M | 0.09M | 0.15M | 0.38M | 0.64M | 0.65M | 0.66M | 0.68M | 0.62M | 0.66M | 0.47M | 0.33M | 0.35M | 0.34M | 0.25M | 0.16M | ||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.17M | 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 | 1.20M | 0.08M | ||||||||||
| Non Operating IncomeNon Op. Inc. | 0.02M | 0.33M | 0.14M | 0.01M | -0.07M | -0.12M | -0.04M | 0.17M | 0.43M | 6.35M | 0.46M | 0.66M | 0.43M | 0.50M | 1.70M | 0.28M | 0.29M | 0.30M | 0.25M | 0.16M | ||||||
| Net income details | ||||||||||||||||||||||||||
| EBT | -6.96M | -7.02M | -8.03M | -10.31M | -4.00M | -2.96M | -1.90M | -2.03M | -0.87M | 5.71M | -0.33M | -1.11M | -2.55M | -0.30M | 0.25M | -1.12M | 0.34M | -0.17M | -1.70M | -3.33M | ||||||
| Tax ProvisionsTaxes | 0.02M | 0.01M | 0.01M | 0.01M | 0.00M | 0.03M | 0.04M | 0.09M | -0.07M | 0.10M | 0.01M | -0.10M | 0.05M | 0.01M | 0.12M | -0.02M | 0.12M | 0.03M | ||||||||
| Profit After TaxPAT | -6.96M | -7.02M | -8.05M | -11.85M | -5.43M | -5.13M | -3.56M | 6.68M | -0.94M | 5.62M | 1.52M | -1.21M | -2.55M | -0.20M | 0.20M | -1.13M | 0.22M | -0.15M | -1.82M | -3.36M | ||||||
| Income from Continuing OperationsIncome (Continuing) | -6.96M | -7.02M | -8.05M | -10.32M | -4.01M | -2.97M | -1.90M | -2.06M | -0.91M | 5.62M | -0.25M | -1.21M | -2.55M | -0.20M | 0.20M | -1.13M | 0.22M | -0.15M | -1.82M | -3.36M | ||||||
| Income from Discontinued OperationsIncome (Discontinued) | -1.74M | -1.43M | -2.16M | -1.49M | 8.75M | -0.03M | 1.11M | 1.77M | ||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -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 | ||||||
| Income towards Parent CompanyParent Net Inc | -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 | ||||||
| Net Income towards Common StockholdersNet 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 | ||||||
| Additional items | ||||||||||||||||||||||||||
| EPS (Basic) | -0.22 | -0.22 | -0.27 | -0.38 | -0.17 | -0.16 | -0.11 | 0.21 | -0.03 | 0.21 | 0.05 | -0.04 | -0.08 | -0.01 | 0.01 | -0.04 | 0.01 | 0.00 | -0.06 | -0.11 | ||||||
| EPS (Diluted) | -0.22 | -0.22 | -0.27 | -0.38 | -0.17 | -0.16 | -0.11 | 0.21 | -0.03 | 0.19 | 0.05 | -0.04 | -0.08 | -0.01 | 0.01 | -0.04 | 0.01 | 0.00 | -0.06 | -0.11 | ||||||
| Shares Outstanding | 31.00M | 31.33M | 29.53M | 31.86M | 31.98M | 32.09M | 32.03M | 32.30M | 32.26M | 32.46M | 32.03M | 31.00M | 31.10M | 31.10M | 31.07M | 31.12M | 31.20M | 31.08M | 31.11M | 31.15M | ||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 31.00M | 31.33M | 29.53M | 31.86M | 31.98M | 32.09M | 32.03M | 32.30M | 32.26M | 35.07M | 32.23M | 31.00M | 31.10M | 31.10M | 31.07M | 31.12M | 31.29M | 31.08M | 31.11M | 31.15M | ||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 31.20M | 31.53M | 31.77M | 31.93M | 32.05M | 32.14M | 32.25M | 32.42M | 32.45M | 32.49M | 30.92M | 31.09M | 31.11M | 31.09M | 31.01M | 31.20M | 31.20M | 31.00M | 31.07M | 31.24M | ||||||
| EBITDA | -6.98M | -7.35M | -8.17M | -10.33M | -3.93M | -2.84M | -1.86M | -2.20M | -1.30M | -0.64M | -0.78M | -1.76M | -2.96M | -0.79M | -1.44M | -1.39M | 0.05M | -0.47M | -1.94M | -3.48M | ||||||
| Interest ExpensesInt Expense | 0.08M | 0.22M | 0.21M | 0.21M | 0.21M | 0.21M | 0.21M | 0.21M | 0.21M | 0.20M | 0.20M | 0.19M | 0.20M | 0.12M | 0.05M | 0.05M | 0.04M | |||||||||
| Tax Rate | -0.28% | -0.05% | -0.12% | -0.34% | -0.21% | -1.47% | -4.16% | 1.63% | 22.48% | -9.24% | -0.32% | 31.88% | 20.57% | -0.66% | 33.95% | 10.98% | -7.28% | -0.90% |