Company: FORA
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001140361-25-042313
Chunk: 18

Company: Forian Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 18
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4,038 and $13,186 and $6,629 and $23,405, respectively. 

     Note 8

     INTANGIBLE ASSETS

   As of September 30, 2025, intangible assets were comprised of the following:  
                          Estimated Useful Life (Years)      Gross Carrying Amount at September 30, 2025      Accumulated Amortization      Net Book Value at September 30, 2025       Customer relationships     6   $1,011,000   $154,458   $856,542      Tradenames and trademarks     9    215,000    21,898    193,102            $1,226,000   $176,356   $1,049,644   

  18
  

 As of December 31, 2024, intangible assets were comprised of the following:  
                          Estimated Useful Life (Years)      Gross Carrying Amount at December 31, 2024      Accumulated Amortization      Net Book Value at December 31, 2024       Customer relationships     6   $1,011,000   $27,984   $983,016      Tradenames and trademarks     9    215,000    5,972    209,028            $1,226,000   $33,956   $1,192,044    
   Amortization expense for the three and nine months ended September 30, 2025 and 2024 was $48,097 and $142,400 and $0 and $0, respectively.  
   The estimated future amortization expense for the next five years and thereafter is as follows:  

      Years ending December 31,

      Future Amortization Expense

      2025 (Remaining)
     
     $48,097 

      2026
     
      192,389 

      2027
     
      192,389 

      2028
     
      192,389 

      2029
     
      192,389 

      Thereafter
     
      231,991