FORGE INNOVATION DEVELOPMENT CORP.FGNV

Market cap

$63.49M

P/E ratio

	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022
Cash	653,142	366,270	236,586	60,364	11,734
Account receivable	-	-	3,000	9,000	-
Prepaid expense and other current assets	-	-	-	-	16,521
Total Current Assets	766,142	484,270	252,383	84,056	28,255
Property and equipment, net	29,217	34,395	24,614	47,314	83,636
Rent deposit	-	13,953	13,953	13,953	13,953
Total Non-Current Assets	47,455	170,470	101,340	61,267	97,589
TOTAL ASSETS	813,597	654,740	353,723	145,323	125,844
Other current liabilities	4,873	4,774	11,562	19,203	4,029
Other payable - related party	-	-	24,000	70,591	60,000
Rent payable	-	-	-	83,070	83,070
Unearned revenue	-	-	-	-	13,124
Loans, current	-	-	-	6,878	8,236
Total Current Liabilities	4,873	64,087	134,632	179,742	168,459
Noncurrent portion of Chase auto loan	-	-	-	9,478	36,222
Noncurrent portion of SBA loan	-	-	-	13,330	12,502
TOTAL LIABILITIES	-	129,404	148,516	202,550	217,183
Common stock, $.0001 par value, 200,000,000 shares authorized, 45,621,868 shares issued and outstanding	4,562	4,562	4,562	4,562	4,562
Additional paid-in capital	1	1	1	1	1
Accumulated deficit	-665,516	-948,904	-1,269,033	-1,531,467	-1,565,579
Total Stockholders’ Deficit	808,724	525,336	205,207	-57,227	-91,339
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	813,597	654,740	353,723	145,323	125,844