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, CA
State of incorporation
NV
Former names
YOU-GO ENTERPRISES, LLC (to 10/27/2016)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 59.6 % +72.8%
Debt-to-equity 301 % +36.4%
Return On Equity -78.3 % -709%
Return On Assets -25.7 % -595%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 50.4M shares 0%
Common Stock, Shares, Outstanding 50.4M shares 0%
Entity Public Float 9.9M USD +33.1%
Common Stock, Value, Issued 5.04K USD 0%
Weighted Average Number of Shares Outstanding, Basic 50.4M shares +5.61%
Weighted Average Number of Shares Outstanding, Diluted 50.4M shares +5.61%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 573K USD +125%
Nonoperating Income (Expense) -567K USD +20.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.7M USD -3106%
Income Tax Expense (Benefit) 1.37K USD
Net Income (Loss) Attributable to Parent -2.33M USD -1060%
Earnings Per Share, Basic -0.05 USD/shares -600%
Earnings Per Share, Diluted -0.05 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 46.8K USD +7350%
Accounts Receivable, after Allowance for Credit Loss, Current 110K USD
Other Assets, Current 856 USD -75.5%
Assets, Current 210K USD -89.9%
Property, Plant and Equipment, Net 58.7K USD -19.7%
Assets 8.31M USD -19.3%
Accounts Payable, Current 83.1K USD 0%
Liabilities, Current 1.22M USD -14.4%
Other Liabilities, Noncurrent 25.9K USD
Liabilities 6.36M USD +12.8%
Retained Earnings (Accumulated Deficit) -3.66M USD -175%
Stockholders' Equity Attributable to Parent 1.15M USD -66.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.95M USD -58.1%
Liabilities and Equity 8.31M USD -19.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -79.1K USD -331%
Net Cash Provided by (Used in) Financing Activities 78.1K USD +532%
Net Cash Provided by (Used in) Investing Activities 3.19K USD
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 50.4M shares 0%
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 93.4K USD
Deferred Tax Assets, Valuation Allowance 658K USD +56.4%
Deferred Tax Assets, Gross 658K USD +56.4%
Depreciation 78.4K USD +1161%
Payments to Acquire Property, Plant, and Equipment 9.98K USD +496%
Property, Plant and Equipment, Gross 140K USD +1.52%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Tax Assets, Operating Loss Carryforwards 711K USD +59.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 50M shares 0%
Additional Paid in Capital 4.81M USD 0%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 913K USD +73.5%
Interest Expense 131K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%