FORGE INNOVATION DEVELOPMENT CORP. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that FORGE INNOVATION DEVELOPMENT CORP. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2019 | Dec 31, 2019 | $36.0K | Mar 26, 2020 |
| FY2019 | Dec 31, 2018 | $36.0K | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | $15.0K | Mar 26, 2019 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $668.3K | Apr 15, 2025 |
| FY2024 | Dec 31, 2023 | $438.5K | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | $122.6K | Aug 2, 2024 |
| FY2022 | Dec 31, 2021 | $36.0K | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $36.0K | Mar 30, 2022 |
| FY2020 | Dec 31, 2019 | $36.0K | Mar 29, 2021 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $36.0K | Mar 29, 2021 |
| FY2020 | Dec 31, 2019 | $36.0K | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | $36.0K | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | $15.0K | Mar 26, 2019 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | ($1.27M) | Apr 15, 2025 |
| FY2024 | Dec 31, 2023 | ($920.4K) | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | ($34.1K) | Aug 2, 2024 |
| FY2022 | Dec 31, 2021 | ($262.4K) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($320.1K) | Mar 30, 2022 |
| FY2020 | Dec 31, 2019 | ($283.4K) | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | ($326.1K) | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | ($304.1K) | Mar 26, 2019 |
| FY2017 | Dec 31, 2016 | ($62.0K) | Apr 2, 2018 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $303.4K | Apr 15, 2025 |
| FY2024 | Dec 31, 2023 | $234.6K | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | $112.0K | Aug 2, 2024 |
| FY2022 | Dec 31, 2021 | $249.2K | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $283.3K | Mar 30, 2022 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | ($182.6K) | Apr 15, 2025 |
| FY2024 | Dec 31, 2023 | ($337.8K) | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | ($30.8K) | Aug 2, 2024 |
| FY2022 | Dec 31, 2021 | ($154.6K) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($271.8K) | Mar 30, 2022 |
| FY2020 | Dec 31, 2019 | ($277.1K) | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | ($336.8K) | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | ($60.4K) | Mar 26, 2019 |
| FY2017 | Dec 31, 2016 | ($5.7K) | Apr 2, 2018 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $83.1K | Apr 15, 2025 |
| FY2024 | Dec 31, 2023 | $2.1K | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | $9.0K | Aug 2, 2024 |
| FY2022 | Dec 31, 2021 | $21.1K | Mar 31, 2023 |
| FY2020 | Dec 31, 2019 | $9.8K | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | $34.8K | Mar 26, 2020 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $8.22M | Apr 15, 2025 |
| FY2024 | Dec 31, 2023 | $9.31M | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | $125.8K | Aug 2, 2024 |
| FY2022 | Dec 31, 2021 | $145.3K | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $353.7K | Mar 30, 2022 |
| FY2020 | Dec 31, 2019 | $654.7K | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | $813.6K | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | $1.13M | Mar 26, 2019 |
| FY2017 | Dec 31, 2016 | $938.5K | Apr 2, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $6.46M | Apr 15, 2025 |
| FY2024 | Dec 31, 2023 | $5.99M | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | $217.2K | Aug 2, 2024 |
| FY2022 | Dec 31, 2021 | $202.6K | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $148.5K | Mar 30, 2022 |
| FY2020 | Dec 31, 2019 | $129.4K | Mar 29, 2021 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $1.06M | Apr 15, 2025 |
| FY2024 | Dec 31, 2023 | $2.33M | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | ($91.3K) | Aug 2, 2024 |
| FY2022 | Dec 31, 2021 | ($57.2K) | Mar 31, 2023 |
| FY2022 | Dec 31, 2020 | $205.2K | Mar 31, 2023 |
| FY2021 | Dec 31, 2019 | $525.3K | Mar 30, 2022 |
| FY2020 | Dec 31, 2018 | $808.7K | Mar 29, 2021 |
| FY2019 | Dec 31, 2017 | $808.1K | Mar 26, 2020 |
| FY2018 | Dec 31, 2016 | $882.2K | Mar 26, 2019 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | ($3.75M) | Apr 15, 2025 |
| FY2024 | Dec 31, 2023 | ($2.49M) | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | ($1.57M) | Aug 2, 2024 |
| FY2022 | Dec 31, 2021 | ($1.53M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($1.27M) | Mar 30, 2022 |
| FY2020 | Dec 31, 2019 | ($948.9K) | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | ($665.5K) | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | ($366.1K) | Mar 26, 2019 |
| FY2017 | Dec 31, 2016 | ($62.0K) | Apr 2, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $32.4K | Apr 15, 2025 |
| FY2024 | Dec 31, 2023 | $4.9K | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | $11.7K | Aug 2, 2024 |
| FY2022 | Dec 31, 2021 | $60.4K | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $236.6K | Mar 30, 2022 |
| FY2020 | Dec 31, 2019 | $366.3K | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | $653.1K | Mar 26, 2020 |
| FY2019 | Dec 31, 2017 | $824.8K | Mar 26, 2020 |
| FY2018 | Dec 31, 2016 | $655.2K | Mar 26, 2019 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 0 | Apr 15, 2025 |
| FY2024 | Dec 31, 2023 | 0 | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Aug 2, 2024 |
| FY2022 | Dec 31, 2021 | 0 | Mar 31, 2023 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 0 | Apr 15, 2025 |
| FY2024 | Dec 31, 2023 | 0 | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Aug 2, 2024 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 50.39M | Apr 15, 2025 |
| FY2024 | Dec 31, 2023 | 50.39M | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | 45.62M | Aug 2, 2024 |
| FY2022 | Dec 31, 2021 | 45.62M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | 45.62M | Mar 30, 2022 |
| FY2020 | Dec 31, 2019 | 45.62M | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | 45.62M | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | 57.62M | Mar 26, 2019 |
| FY2017 | Dec 31, 2016 | 56.47M | Apr 2, 2018 |