Company research
FORGE INNOVATION DEVELOPMENT CORP.
CIK 1687919Updated Sep 27, 2026
SecurityFGNV · OTC · equity
Name history
YOU-GO ENTERPRISES, LLC · through Oct 27, 2016
FGNV price & chart
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Recent filings
15-15D filing
NT 10-K filing
10-Q filing
NT 10-Q filing
Termination of a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets · Other Events
Items 1.02, 2.01, 8.01, 9.01
Show 5 more recent filings
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 8,215,198Source | 9,306,401Source | 125,844Source | 145,323Source |
| Property, Plant and Equipment, NetUSD | 47,320Source | 63,520Source | 83,636Source | 47,314Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 32,403Source | 4,892Source | 11,734Source | 60,364Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | — | — | 9,000Source |
| Assets, CurrentUSD | 200,269Source | 1,124,153Source | 28,255Source | 84,056Source |
| Prepaid Expense and Other Assets, CurrentUSD | 20,126Source | 76,239Source | 16,521Source | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 6,457,192Source | 5,987,982Source | 217,183Source | 202,550Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 5,039Source | 5,039Source | 4,562Source | 4,562Source |
| Additional Paid in CapitalUSD | 4,806,201Source | 4,806,201Source | 1,469,678Source | 1,469,678Source |
| Retained Earnings (Accumulated Deficit)USD | -3,754,427Source | -2,485,934Source | -1,565,579Source | -1,531,467Source |
| Stockholders' Equity Attributable to ParentUSD | 1,056,813Source | 2,325,306Source | -91,339Source | -57,227Source |
| Liabilities and EquityUSD | 8,215,198Source | 9,306,401Source | 125,844Source | 145,323Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,374,780Source | 1,606,291Source | 168,459Source | 179,742Source |
| Accounts Payable, CurrentUSD | — | — | 83,070Source | 83,070Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 701,193Source | 993,113Source | — | — |
| Additional Financial Items | ||||
| Deferred Revenue, CurrentUSD | 15,127Source | — | 13,124Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 20,123Source | 28,174Source | 36,222Source | 9,478Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -1,560,413Source | -1,250,242Source | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 928,986Source | 1,031,014Source | — | 0Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | -9,000Source | 6,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -182,574Source | -337,837Source | -30,835Source | -154,599Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -83,064Source | 1,087Source | -9,040Source | -21,140Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 83,064Source | 2,105Source | 9,040Source | 21,140Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 293,149Source | 329,908Source | -8,756Source | -483Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 27,511Source | -6,842Source | — | -176,222Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 478,027Source | 385,568Source | — | — |
| Income Taxes Paid, NetUSD | — | — | 2,172Source | 1,600Source |
| Additional Financial Items | ||||
| DepreciationUSD | — | 239,816Source | 15,621Source | 14,609Source |
| Depreciation, NonproductionUSD | 318,696Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | 6,874Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | 3,284Source | 19,400Source |
| Income Tax Expense (Benefit)USD | — | — | 2,172Source | 1,600Source |
| Net Income (Loss) Attributable to ParentUSD | -1,268,493Source | -920,355Source | -34,112Source | -262,434Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -291,920Source | -329,887Source | — | — |
| Nonoperating Income (Expense)USD | -477,003Source | 1,418Source | 12,293Source | 24,400Source |
| Operating ExpensesUSD | 1,751,749Source | 1,690,134Source | 166,837Source | 321,234Source |
| Other Operating Income (Expense), NetUSD | 25,344Source | -19,630Source | — | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 668,339Source | 438,474Source | 122,604Source | 36,000Source |
| Selling, General and Administrative ExpenseUSD | 303,365Source | 234,596Source | 127,637Source | 249,234Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -1,560,413Source | -1,250,242Source | -31,940Source | -260,834Source |
| Income Tax Expense (Benefit)USD | — | — | 2,172Source | 1,600Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -291,920Source | -329,887Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -1,268,493Source | -920,355Source | -34,112Source | -262,434Source |
| Earnings Per Share, BasicUSD per share | -0.03Source | -0.02Source | 0Source | — |
| Earnings Per Share, DilutedUSD per share | -0.03Source | -0.02Source | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 50,389,011Source | 48,589,270Source | 45,621,868Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 50,389,011Source | 48,589,270Source | — | — |
| Additional Financial Items | ||||
| Nonoperating Income (Expense)USD | -477,003Source | 1,418Source | 12,293Source | 24,400Source |
| Operating ExpensesUSD | 1,751,749Source | 1,690,134Source | 166,837Source | 321,234Source |
| Other IncomeUSD | — | — | 2,135Source | — |
| Other Operating Income (Expense), NetUSD | 25,344Source | -19,630Source | — | — |
Filing attachments
ex99-1.htm · 8-K · 2025-10-20
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 FORGE INNOVATION DEVELOPMENT CORP. Exhibit 99.1 - Statement Regarding the Release and Return of Partnership Interest in Legend International Investment LP Dated: July 27, 2025 WHEREAS, on March 24, 2023, Forge Innovation Development Corp. (“Forge” or the “Company”) entered into an Asset Purchase Agreement with Legend Investment Management LLC (“Legend LLC”), a California limited liability company, and its managing members, Steven Zhi Qin and Yue …
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