Forge Innovation Development Corp. financial data

Symbol
FGNV on OTC
Industry
Land Subdividers & Developers (No Cemeteries)
Location
17700 Castleton Street, Suite 469, City Of Industry, California
State of incorporation
Nevada
Former names
YOU-GO ENTERPRISES, LLC (to 10/27/2016)
Latest financial report
Q1 2024 - May 17, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 87.4 % +1897%
Debt-to-equity 227 % -41.1%
Return On Equity -54.2 % -181%
Return On Assets -20.7 % -193%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 50.4 M shares 0%
Common Stock, Shares, Outstanding 50.4 M shares +5.88%
Entity Public Float 9.9 M USD +33.1%
Common Stock, Value, Issued 5.04 K USD +5.88%
Weighted Average Number of Shares Outstanding, Basic 50.4 M shares +10%
Weighted Average Number of Shares Outstanding, Diluted 50.4 M shares +10%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 530 K USD +248%
Nonoperating Income (Expense) -615 K USD -126%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.4 M USD -611%
Income Tax Expense (Benefit) 2.17 K USD +35.8%
Net Income (Loss) Attributable to Parent -1.98 M USD -522%
Earnings Per Share, Basic -0.04 USD/shares -500%
Earnings Per Share, Diluted -0.04 USD/shares -200%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.91 K USD -56.3%
Accounts Receivable, after Allowance for Credit Loss, Current 110 K USD
Other Assets, Current 856 USD -75.5%
Assets, Current 640 K USD +292%
Property, Plant and Equipment, Net 58.3 K USD -24.7%
Assets 8.81 M USD +8.22%
Accounts Payable, Current 83.1 K USD 0%
Liabilities, Current 1.67 M USD -65.8%
Other Liabilities, Noncurrent 32.9 K USD
Liabilities 6.17 M USD +22%
Retained Earnings (Accumulated Deficit) -3.07 M USD -181%
Stockholders' Equity Attributable to Parent 1.74 M USD -0.93%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.64 M USD -14.4%
Liabilities and Equity 8.81 M USD +8.22%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -79.1 K USD -331%
Net Cash Provided by (Used in) Financing Activities 78.1 K USD +532%
Net Cash Provided by (Used in) Investing Activities 1.09 K USD
Common Stock, Shares Authorized 200 M shares 0%
Common Stock, Shares, Issued 50.4 M shares +5.88%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -983 USD +64.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 93.4 K USD
Deferred Tax Assets, Valuation Allowance 658 K USD +56.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 658 K USD +56.4%
Depreciation 78.4 K USD +1161%
Payments to Acquire Property, Plant, and Equipment 2.11 K USD -76.7%
Property, Plant and Equipment, Gross 140 K USD +1.52%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Tax Assets, Operating Loss Carryforwards 711 K USD +59.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 50 M shares 0%
Additional Paid in Capital 4.81 M USD +68.8%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 785 K USD +76.5%
Interest Expense 131 K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares -100%