FORA · As filed with the SEC
Forian balance sheet, by quarter
The statement as Forian presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONDENSED CONSOLIDATED BALANCE SHEETS · USD
| USD | Q1 2026 Mar 31, 2026 | Q4 2025 Dec 31, 2025 | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 |
|---|---|---|---|---|
| Current assets: | ||||
| Cash and cash equivalents | 30,951,187 | 12,903,760 | 4,660,622 | 5,369,817 |
| Marketable securities | 0 | 18,647,229 | 23,564,416 | 30,279,208 |
| Accounts receivable, net | 3,018,951 | 5,643,100 | 5,425,188 | 5,267,632 |
| Contract assets, net | 879,920 | 2,439,223 | 2,744,722 | 2,666,627 |
| Prepaid expenses | 1,030,954 | 990,910 | 1,416,542 | 1,561,617 |
| Other current assets | 1,524,755 | 1,932,535 | 1,555,879 | 1,396,202 |
| Total current assets | 37,405,767 | 42,556,757 | 39,367,369 | 46,541,103 |
| Property and equipment, net | 25,641 | 29,428 | 33,466 | 37,504 |
| Intangible assets, net | 953,449 | 1,001,546 | 1,049,644 | 1,097,741 |
| Right of use assets, net | 6,104 | 12,137 | 18,097 | 23,988 |
| Deposits and other assets | 422,628 | 531,027 | 785,759 | 762,301 |
| Total assets | 38,813,589 | 44,130,895 | 41,254,335 | 48,462,637 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||||
| Current liabilities: | ||||
| Accounts payable | 3,792,858 | 3,833,522 | 2,114,339 | 1,875,222 |
| Accrued expenses and other current liabilities | 3,509,381 | 5,255,295 | 3,996,995 | 3,906,323 |
| Short-term operating lease liabilities | 6,104 | 12,137 | 18,097 | 23,988 |
| Deferred revenues | 4,618,545 | 5,251,193 | 4,044,273 | 4,911,427 |
| Convertible notes payable, net of debt issuance costs (Note 11) ($0 and $6,000,000 in principal as of December 31, 2025 and December 31, 2024 was held by a related party. Refer to Note 14) | — | 0 | 0 | 6,804,016 |
| Total current liabilities | 11,926,888 | 14,352,147 | 10,173,704 | 17,520,976 |
| Other long-term liabilities | — | 0 | 0 | 0 |
| Total long-term liabilities | — | 0 | 0 | 0 |
| Total liabilities | 11,926,888 | 14,352,147 | 10,173,704 | 17,520,976 |
| Stockholders' equity: | ||||
| Preferred Stock; par value $0.001; 5,000,000 Shares authorized; 0 issued and outstanding as of March 31, 2026 and December 31, 2025 | 0 | 0 | 0 | 0 |
| Common Stock; par value $0.001; 95,000,000 Shares authorized; 31,240,881 issued and outstanding as of March 31, 2026 and 31,072,251 issued and outstanding as of December 31, 2025 | 31,241 | 31,073 | 30,997 | 31,203 |
| Additional paid-in capital | 83,006,722 | 82,536,827 | 82,017,033 | 81,726,637 |
| Accumulated deficit | (56,151,262) | (52,789,152) | (50,967,399) | (50,816,179) |
| Total stockholders' equity | 26,886,701 | 29,778,748 | 31,080,631 | 30,941,661 |
| Total liabilities and stockholders' equity | 38,813,589 | 44,130,895 | 41,254,335 | 48,462,637 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.