📊 FGNV Key Takeaways
Is FGNV a Good Investment? Thesis Analysis
Forge Innovation Development Corp exhibits severe financial distress with negative stockholders equity of -178.8K, indicating liabilities exceed assets. The company generated only 28.0K in revenue while burning 1.0M in net losses, with critically weak liquidity (0.42x current ratio) and negative free cash flow of -89.0K, suggesting imminent viability concerns.
Why Buy FGNV? Key Strengths
- Positive gross margin of 64.3% indicates potential operational efficiency if revenue scales
- Revenue growth of 52.4% YoY shows top-line expansion attempt
- Minimal insider selling activity suggests management not abandoning the company
FGNV Investment Risks to Consider
- Negative stockholders equity of -178.8K indicates balance sheet insolvency
- Massive operating losses (-220.5% margin) and net losses of -1.0M on 28.0K revenue demonstrate unsustainable business model
- Critical liquidity crisis with current ratio of 0.42x and negative free cash flow of -89.0K; company burning cash rapidly with only 52.3K in reserves
- Total liabilities (342.5K) exceed total assets (163.7K) by 2.1x, representing structural financial failure
- Negative cash from operations (-5.9K) while simultaneously spending 83.1K on capital expenditures indicates poor capital allocation in distressed state
Key Metrics to Watch
- Stockholders equity trend - critical turnaround needed to positive territory
- Cash burn rate and months of remaining liquidity at current burn levels
- Revenue growth sustainability and path to operating profitability
FGNV Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
FGNV Profitability Ratios
FGNV vs Default Sector
How FORGE INNOVATION DEVELOPMENT CORP. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is FGNV Overvalued or Undervalued?
Based on fundamental analysis, FORGE INNOVATION DEVELOPMENT CORP. has mixed fundamental signals relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
FGNV Balance Sheet & Liquidity
FGNV 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: FORGE INNOVATION DEVELOPMENT CORP.'s revenue has grown significantly by 1,756% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.02 indicates the company is currently unprofitable.
FGNV Growth Metrics (YoY)
FGNV Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2025 | $136.2K | -$120.8K | $0.00 |
| Q3 2024 | $132.8K | -$59.5K | $0.00 |
| Q2 2024 | $133.0K | -$235.2K | $0.00 |
| Q1 2024 | $45.0K | $471.7K | $0.01 |
| Q3 2023 | $37.0K | $3.6K | $0.00 |
| Q2 2023 | $30.5K | -$9.3K | $0.00 |
| Q1 2023 | $15.6K | -$30.8K | N/A |
| Q3 2022 | $9.0K | $3.6K | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
FGNV Capital Allocation
FGNV SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for FORGE INNOVATION DEVELOPMENT CORP. (CIK: 0001687919)
📋 Recent SEC Filings
❓ Frequently Asked Questions about FGNV
What is the AI rating for FGNV?
FORGE INNOVATION DEVELOPMENT CORP. (FGNV) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are FGNV's key strengths?
Claude: Positive gross margin of 64.3% indicates potential operational efficiency if revenue scales. Revenue growth of 52.4% YoY shows top-line expansion attempt.
What are the risks of investing in FGNV?
Claude: Negative stockholders equity of -178.8K indicates balance sheet insolvency. Massive operating losses (-220.5% margin) and net losses of -1.0M on 28.0K revenue demonstrate unsustainable business model.
What is FGNV's revenue and growth?
FORGE INNOVATION DEVELOPMENT CORP. reported revenue of $28.0K.
Does FGNV pay dividends?
FORGE INNOVATION DEVELOPMENT CORP. does not currently pay dividends.
Where can I find FGNV SEC filings?
Official SEC filings for FORGE INNOVATION DEVELOPMENT CORP. (CIK: 0001687919) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is FGNV's EPS?
FORGE INNOVATION DEVELOPMENT CORP. has a diluted EPS of $-0.02.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is FGNV a good stock to buy right now?
Based on our AI fundamental analysis in March 2026, FORGE INNOVATION DEVELOPMENT CORP. has a STRONG SELL rating with 95% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is FGNV stock overvalued or undervalued?
Valuation metrics for FGNV: ROE of N/A (sector avg: 15%), net margin of -3,710.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy FGNV stock in 2026?
Our dual AI analysis gives FORGE INNOVATION DEVELOPMENT CORP. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is FGNV's free cash flow?
FORGE INNOVATION DEVELOPMENT CORP.'s operating cash flow is $-5.9K, with capital expenditures of $83.1K. FCF margin is -317.9%.
How does FGNV compare to other Default stocks?
Vs Default sector averages: Net margin -3,710.3% (avg: 12%), ROE N/A (avg: 15%), current ratio 0.42 (avg: 1.8).