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Side-by-side financial comparison of Edible Garden AG Inc (EDBL) and Forian Inc. (FORA). Click either name above to swap in a different company.

Forian Inc. is the larger business by last-quarter revenue ($8.0M vs $4.1M, roughly 1.9× Edible Garden AG Inc). On growth, Forian Inc. posted the faster year-over-year revenue change (37.0% vs 6.6%). Over the past eight quarters, Forian Inc.'s revenue compounded faster (27.8% CAGR vs 14.8%).

Edible Garden AG Inc is a U.S.-based sustainable agricultural company specializing in hydroponically grown fresh organic herbs, leafy greens, and specialty vegetables. It distributes its pesticide-free produce to leading grocery retailers, food service operators, and direct-to-consumer platforms across North America, prioritizing eco-friendly, low-water farming practices.

Forian Inc is a specialized healthcare technology and data analytics firm offering SaaS-based real-world evidence solutions, clinical decision support tools, and operational optimization services. It serves biopharmaceutical companies, healthcare providers, and life sciences stakeholders to improve patient outcomes, accelerate research, and boost care delivery efficiency.

EDBL vs FORA — Head-to-Head

Bigger by revenue
FORA
FORA
1.9× larger
FORA
$8.0M
$4.1M
EDBL
Growing faster (revenue YoY)
FORA
FORA
+30.4% gap
FORA
37.0%
6.6%
EDBL
Faster 2-yr revenue CAGR
FORA
FORA
Annualised
FORA
27.8%
14.8%
EDBL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EDBL
EDBL
FORA
FORA
Revenue
$4.1M
$8.0M
Net Profit
$-1.8M
Gross Margin
-29.0%
49.2%
Operating Margin
-138.6%
-24.4%
Net Margin
-22.9%
Revenue YoY
6.6%
37.0%
Net Profit YoY
-1012.2%
EPS (diluted)
$-109.97
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EDBL
EDBL
FORA
FORA
Q4 25
$4.1M
$8.0M
Q3 25
$2.8M
$7.8M
Q2 25
$3.1M
$7.5M
Q1 25
$2.7M
$7.1M
Q4 24
$3.9M
$5.8M
Q3 24
$2.6M
$4.7M
Q2 24
$4.3M
$4.8M
Q1 24
$3.1M
$4.9M
Net Profit
EDBL
EDBL
FORA
FORA
Q4 25
$-1.8M
Q3 25
$-4.0M
$-151.2K
Q2 25
$-4.0M
$224.8K
Q1 25
$-3.3M
$-1.1M
Q4 24
$-3.1M
$199.7K
Q3 24
$-2.1M
$-204.9K
Q2 24
$-1.9M
$-2.6M
Q1 24
$-4.0M
$-1.2M
Gross Margin
EDBL
EDBL
FORA
FORA
Q4 25
-29.0%
49.2%
Q3 25
9.7%
51.6%
Q2 25
20.2%
56.8%
Q1 25
3.2%
55.6%
Q4 24
0.6%
58.3%
Q3 24
27.1%
70.1%
Q2 24
36.7%
62.2%
Q1 24
0.7%
65.1%
Operating Margin
EDBL
EDBL
FORA
FORA
Q4 25
-138.6%
-24.4%
Q3 25
-126.3%
-6.1%
Q2 25
-114.2%
0.6%
Q1 25
-107.7%
-19.8%
Q4 24
-70.8%
-24.9%
Q3 24
-57.7%
-17.0%
Q2 24
-27.7%
-62.2%
Q1 24
-123.3%
-36.3%
Net Margin
EDBL
EDBL
FORA
FORA
Q4 25
-22.9%
Q3 25
-143.6%
-1.9%
Q2 25
-128.5%
3.0%
Q1 25
-122.3%
-16.0%
Q4 24
-79.5%
3.4%
Q3 24
-79.8%
-4.4%
Q2 24
-45.3%
-53.4%
Q1 24
-127.0%
-24.9%
EPS (diluted)
EDBL
EDBL
FORA
FORA
Q4 25
$-109.97
$-0.06
Q3 25
$1.38
$0.00
Q2 25
$-6.58
$0.01
Q1 25
$-2.47
$-0.04
Q4 24
$-330.78
$0.01
Q3 24
$16.32
$-0.01
Q2 24
$-30.02
$-0.08
Q1 24
$-341.14
$-0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EDBL
EDBL
FORA
FORA
Cash + ST InvestmentsLiquidity on hand
$31.6M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$12.5M
$29.8M
Total Assets
$20.6M
$44.1M
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EDBL
EDBL
FORA
FORA
Q4 25
$31.6M
Q3 25
$28.2M
Q2 25
$35.6M
Q1 25
$35.7M
Q4 24
$35.1M
Q3 24
$49.4M
Q2 24
$48.0M
Q1 24
$47.4M
Total Debt
EDBL
EDBL
FORA
FORA
Q4 25
$1.7M
Q3 25
$2.7M
Q2 25
$2.0M
Q1 25
$2.4M
Q4 24
$2.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
EDBL
EDBL
FORA
FORA
Q4 25
$12.5M
$29.8M
Q3 25
$12.9M
$31.1M
Q2 25
$1.6M
$30.9M
Q1 25
$1.9M
$30.0M
Q4 24
$4.1M
$30.1M
Q3 24
$3.3M
$28.4M
Q2 24
$511.0K
$27.2M
Q1 24
$-4.1M
$28.1M
Total Assets
EDBL
EDBL
FORA
FORA
Q4 25
$20.6M
$44.1M
Q3 25
$20.1M
$41.3M
Q2 25
$21.8M
$48.5M
Q1 25
$8.5M
$48.6M
Q4 24
$11.9M
$47.2M
Q3 24
$8.9M
$57.5M
Q2 24
$9.9M
$58.4M
Q1 24
$6.3M
$57.5M
Debt / Equity
EDBL
EDBL
FORA
FORA
Q4 25
0.13×
Q3 25
0.21×
Q2 25
1.28×
Q1 25
1.24×
Q4 24
0.61×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EDBL
EDBL
FORA
FORA
Operating Cash FlowLast quarter
$-2.7M
$3.2M
Free Cash FlowOCF − Capex
$-2.8M
FCF MarginFCF / Revenue
-66.8%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EDBL
EDBL
FORA
FORA
Q4 25
$-2.7M
$3.2M
Q3 25
$-2.4M
$-439.7K
Q2 25
$-3.4M
$-344.5K
Q1 25
$-3.3M
$448.2K
Q4 24
$-1.8M
$1.7M
Q3 24
$-1.1M
$764.1K
Q2 24
$-4.6M
$-23.1K
Q1 24
$-1.1M
$-2.2M
Free Cash Flow
EDBL
EDBL
FORA
FORA
Q4 25
$-2.8M
Q3 25
$-2.8M
Q2 25
$-3.5M
Q1 25
$-3.4M
Q4 24
$-1.9M
Q3 24
$-1.1M
Q2 24
$-4.7M
Q1 24
$-1.1M
FCF Margin
EDBL
EDBL
FORA
FORA
Q4 25
-66.8%
Q3 25
-98.9%
Q2 25
-110.8%
Q1 25
-125.5%
Q4 24
-48.6%
Q3 24
-43.4%
Q2 24
-110.2%
Q1 24
-35.6%
Capex Intensity
EDBL
EDBL
FORA
FORA
Q4 25
2.3%
Q3 25
14.5%
Q2 25
1.7%
Q1 25
2.9%
Q4 24
3.3%
0.0%
Q3 24
0.4%
0.0%
Q2 24
2.6%
0.0%
Q1 24
1.8%
0.0%
Cash Conversion
EDBL
EDBL
FORA
FORA
Q4 25
Q3 25
Q2 25
-1.53×
Q1 25
Q4 24
8.76×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EDBL
EDBL

Herbs Produce Floral$3.6M86%
Other$576.0K14%

FORA
FORA

Financial Services Revenues$7.3M92%
Other$669.0K8%

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