Forian(FORA)
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Forian(FORA) - 2021 Q1 - Quarterly Report
2021-05-16 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-40146 FORIAN INC. (Exact name of registrant as specified in its charter) Delaware 85-3467693 (State of Other Jurisdiction of incorporation or Organization) (I.R.S. Employer Identifi ...
Forian(FORA) - 2020 Q4 - Annual Report
2021-03-30 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-40146 FORIAN INC. (Exact name of registrant as specified in its charter) Delaware 85-3467693 (State of Other Jurisdiction of incorporation or Organization) (I.R.S. Employer Iden ...
Forian(FORA) - 2020 Q2 - Earnings Call Transcript
2020-08-17 22:45
Helix Technologies, Inc. (HLIX) Q2 2020 Earnings Conference Call August 17, 2020 4:30 PM ET Company Participants Zach Venegas - CEO and Executive Chairman Scott Ogur - CFO Garvis Toler - Head, Data Conference Call Participants Operator Good day everyone and welcome to the Helix Technologies Inc. Second Quarter 2020 Earnings Conference Call. At this time all participants are in a listen-only mode. Later you'll have the opportunity to ask questions during the question-and-answer session. [Operator Instruction ...
Forian(FORA) - 2019 Q3 - Earnings Call Transcript
2019-11-15 00:08
Helix TCS, Inc. (HLIX) Q3 2019 Earnings Conference Call November 14, 2019 4:30 PM ET Company Participants Zachary Venegas - Executive Chairman and CEO Scott Ogur - CFO Conference Call Participants Operator Good day, everyone and welcome to the Helix TCS Third Quarter 2019 Earnings Call. At this time all participants are in a listen-only mode. [Operator Instructions] Please note this call may be recorded and I will be standing by if you should need any assistance. It is now my pleasure to turn today's confer ...
Forian(FORA) - 2019 Q2 - Earnings Call Transcript
2019-08-19 07:13
Financial Data and Key Metrics Changes - In Q2 2019, the company generated revenues of $3.9 million, an increase of 108% compared to $1.87 million in the prior year [19] - Gross profit for Q2 was $1.9 million, up from $314,000 in Q2 2018, resulting in a gross margin of 49% compared to 17% in the prior year [19] - For the first half of 2019, revenues reached $7.27 million, a 142% increase from $3 million in the first half of 2018, with a gross margin of 46% [20][21] Business Line Data and Key Metrics Changes - The software segment (BioTrack) generated revenues of $2.3 million in Q2 2019, reflecting 11% sequential growth and 44% year-over-year growth from $1.65 million in Q2 2018 [22][23] - The security guarding and monitoring business reported revenues of $1.52 million in Q2 2019, up 17% from $1.3 million in Q2 2018, with a gross margin of 25% [24] Market Data and Key Metrics Changes - The company added nearly 500 new software licenses, indicating strong growth in the software-as-a-service model [14] - The company has expanded its international footprint into the United Kingdom, enhancing its market presence in Europe [16] Company Strategy and Development Direction - The company focuses on generating cash flow from operations rather than solely relying on fundraising, aiming to create real value for investors [8][10] - The acquisition of Tan's International allows for rapid expansion in California operations, indicating a strategic move to enhance service capabilities [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's operational improvements and cash flow generation, which are critical for achieving strategic goals [10] - The company is addressing opportunities in the hemp sector, indicating a proactive approach to emerging market trends [27] Other Important Information - The company reported a loss from operations of $2.47 million in Q2 2019, slightly improved from a loss of $2.56 million in the prior year [19] - Cash flows from operations improved to negative $714,000 in Q2 2019 from negative $1.175 million in Q1 2019, showing a quarter-on-quarter improvement of over $450,000 [20] Q&A Session Summary Question: What is the company's stance on the hemp sector? - The company is actively addressing opportunities in the hemp sector and plans to make further announcements in this regard [27] Question: Are there any forward-looking statements that can be addressed? - The management indicated that many questions could not be addressed due to their forward-looking nature, concluding the live portion of the call [28]