Forian Inc. (FORA) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -547.99K | 3.22M | -439.67K | -344.53K | 448.18K | 1.75M | 764.1K | -23.11K | -2.21M | -599.46K | 2.81M | -248.8K | -1.23M | 217.71K | -3.41M | -1.92M | -3.83M | -4.07M | -5.01M | -4.57M |
| Operating CF Margin % | -8% | 40.47% | -5.66% | -4.61% | 6.35% | 30.11% | 16.3% | -0.48% | -45.27% | -11.17% | 52.45% | -5.08% | -25.22% | 2.75% | -47.52% | -29.32% | -108.23% | -70.74% | -100.91% | -100.47% |
| Operating CF Growth % | -222.27% | 84.15% | -157.54% | -1390.83% | 120.3% | 391.92% | -72.76% | 90.71% | -79.75% | -375.35% | 182.28% | 87.01% | 67.89% | 105.35% | 31.9% | 58.08% | -6.02% | -114.65% | -497.67% | - |
| Net Income | -3.36M | -1.82M | -151.22K | 224.79K | -1.13M | 199.71K | -204.91K | -2.55M | -1.21M | -253.68K | 5.45M | -1.09M | -2.25M | -3.56M | -2.97M | -4.01M | -10.32M | -8.05M | -7.02M | -6.96M |
| Depreciation & Amortization | 57.92K | 58.1K | 58.03K | 58.17K | 56.85K | 45.67K | 12.26K | 13.28K | 14.16K | 15.3K | 15.62K | 21.77K | 43.64K | 949.68K | 17.33K | 16.74K | 15.75K | 661.74K | 671.04K | 595.49K |
| Stock-Based Compensation | 548.65K | 604.27K | 0 | 661.5K | 1.29M | 1.65M | 1.55M | 1.66M | 1.66M | 0 | 1.55M | 1.54M | 1.48M | 1.68M | 1.59M | 1.37M | 7.61M | 3.05M | 2.63M | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -16.24K | -55.84K | 470.5K | -415.71K | -105.12K | -1.67M | -419.17K | -256.15K | -627.39K | 1.79M | -6.35M | -468.06K | 162.96K | 251.59K | -904.83K | 124.14K | -1.42M | 217.03K | -159.01K | 2.9M |
| Working Capital Changes | 2.22M | 4.44M | -816.97K | -873.28K | 329.52K | 1.52M | -176.13K | 1.11M | -2.04M | -2.15M | 2.14M | -252.45K | -664.63K | 896.58K | -1.15M | 577.55K | 278.22K | 48.04K | -1.12M | -1.1M |
| Change in Receivables | 4.17M | -44.44K | -235.65K | 97.68K | -1.47M | 154.35K | 147.86K | 496.72K | -1.59M | -58.76K | 1.46M | -14.17K | -1.57M | 864.36K | -1.68M | 1.33M | -2.5M | -598.68K | -866.86K | -1.07M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -40.66K | 1.72M | 239.12K | -394.51K | 1.29M | 138.84K | -645.94K | 1.12M | 213.15K | -98.21K | -661.75K | 572.09K | 33.35K | -300.92K | -5.29K | -418.82K | 619.19K | 29.74K | 864.97K | -1.72M |
| Cash from Investing | 18.67M | 5.11M | 7M | 1.96K | 838.13K | 18.02M | 31.85K | 1.01M | -1.77M | 4.76M | 649.77K | 2.34M | -633K | 1.55M | -7.37M | 33.11K | -667.51K | -801.95K | -204.94K | -5.27M |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -75.49K | -15.52K | 0 | 29.16K | -74.53K | -802.96K | -311.78K | -264.26K |
| CapEx % of Revenue | 0% | - | 5.66% | - | - | - | 0% | - | - | 0% | - | - | 1.55% | 0.2% | 0% | 0.45% | 2.11% | 13.97% | 6.28% | 5.81% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 1.42M | 0 | 0 | 0 | 2.91M | 0 | 0 | 20.89M | -17.91K | -2 | 2 | 225.57K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.67M | 0 | -465.35K | 1.08M | 0 | -225.57K | 3.59K | -826.27K | -827.89K | 0 | 0 | 0 |
| Cash from Financing | -78.59K | -84.41K | -7.27M | 7.72K | -172.29K | -17.89M | -87.38K | -19.3K | -1.03M | -3.49M | -980.63K | -32.76K | -94.6K | -29.32K | 0 | -58.09K | -13.12K | -2.13K | 23.99M | 12M |
| Debt Issued (Net) | 0 | 0 | -6.84M | 0 | 0 | -17.65M | 0 | 0 | -950K | 0 | -960K | 0 | 0 | 0 | 0 | 0 | -13.12K | -2.13K | 23.98M | -2.06K |
| Equity Issued (Net) | 0 | 0 | -420.67K | 7.72K | -172.29K | -218.5K | -74.4K | 0 | 0 | -3.45M | 0 | 0 | 0 | -29.32K | 0 | 0 | 0 | 0 | 0 | 12M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -412.94K | 7.72K | -172.29K | -218.5K | -74.4K | 0 | 0 | -3.45M | 0 | 0 | 0 | -29.32K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -78.59K | -84.41K | -6.96K | 0 | 0 | -18.95K | -12.97K | -19.3K | -81.36K | -43.47K | -20.63K | -32.76K | -94.6K | 0 | 0 | -58.09K | 0 | 0 | 12.95K | 0 |
| Net Change in Cash | 18.05M | 8.24M | -709.2K | -334.85K | 1.11M | 1.88M | 708.57K | 969.99K | -5.01M | 665.91K | 2.47M | 2.06M | -1.96M | 1.73M | -10.72M | -2.44M | -4.51M | -4.87M | 18.77M | 2.17M |
| Free Cash Flow | -547.99K | 3.22M | 0 | -344.53K | 448.18K | 1.75M | 764.1K | -23.11K | -2.21M | -599.46K | 2.81M | -248.8K | -1.3M | 202.19K | -3.41M | -1.89M | -3.9M | -4.87M | -5.32M | -4.83M |
| FCF Margin % | -8% | 40.47% | - | -4.61% | 6.35% | 30.11% | 16.3% | -0.48% | -45.27% | -11.17% | 52.45% | -5.08% | -26.77% | 2.56% | -47.52% | -28.87% | -110.34% | -84.71% | -107.19% | -106.28% |
| FCF Growth % | -222.27% | 84.15% | -100% | -1390.83% | 120.3% | 391.91% | -72.76% | 90.71% | -69.34% | -396.49% | 182.28% | 86.81% | 66.57% | 104.15% | 35.89% | 60.97% | -6.2% | -154.7% | -519.88% | - |
| FCF per Share | -0.02 | 0.10 | - | -0.01 | 0.01 | 0.06 | 0.02 | -0.00 | -0.07 | -0.02 | 0.08 | -0.01 | -0.04 | 0.01 | -0.11 | -0.06 | -0.12 | -0.15 | -0.17 | -0.16 |
| FCF Conversion (FCF/Net Income) | 0.16x | -1.77x | 2.91x | -1.53x | -0.40x | 8.76x | -3.73x | 0.01x | 1.82x | -0.43x | 0.65x | 0.22x | -0.19x | -0.06x | 0.67x | 0.35x | 0.32x | 0.51x | 0.73x | 0.64x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 19.25K | 48.6K | 114.83K | 0 | 0 | 48.49K | 0 | 0 | 1.85M | 1.42M | 0 | 15.89K | 0 | 0 | 0 | 0 | 0 | 0 |