FRGE · As filed with the SEC

Forge Global Holdings balance sheet, by fiscal year

The statement as Forge Global Holdings presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Balance Sheets · USD thousands

USD thousands	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	Dec 31, 2020 Dec 31, 2020
Assets
Current assets:
Cash and cash equivalents	105,140	144,722	193,136	254.73	1,674.65
Prepaid expenses	—	—	—	274,234	651,605
Restricted cash	1,116	1,062	1,829	—	—
Accounts receivable, net	4,706	4,067	3,544	—	—
Payment-dependent notes receivable, current	—	—	5	—	—
Prepaid expenses and other current assets	8,205	13,253	8,374	—	—
Total current assets	119,167	163,104	206,888	528.96	2,326.26
Cash and Investments held in Trust Account	—	—	—	414,111,439	414,020,525
Internal-use software, property and equipment, net	2,920	5,192	359	—	—
Internal-use software, net	—	—	7,640	—	—
Goodwill and other intangible assets, net	126,456	129,919	133,887	—	—
Operating lease right-of-use assets	5,107	4,308	5,706	—	—
Payment-dependent notes receivable, noncurrent	7,412	5,593	7,371	—	—
Other assets, noncurrent	2,444	2,615	1,878	—	—
Total assets	263,506	310,731	363,729	414,640.40	416,346.78
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	1,941	1,831	2,797	4,358.71	0.96
Accrued expenses	—	—	—	1,089,571	415,560
Accrued compensation and benefits	13,430	11,004	13,271	—	—
Accrued expenses and other current liabilities	6,310	8,861	6,416	—	—
Operating lease liabilities, current	3,463	2,516	3,896	—	—
Payment-dependent notes payable, current	—	—	5	—	—
Total current liabilities	25,144	24,212	26,385	5,448.28	416.52
Deferred underwriting commissions	—	—	—	14,490,000	14,490,000
Derivative liabilities	—	—	—	24,430,400	40,532,280
Operating lease liabilities, noncurrent	3,694	2,707	3,541	—	—
Payment-dependent notes payable, noncurrent	7,412	5,593	7,371	—	—
Warrant liabilities	192	9,616	606	—	—
Other liabilities, noncurrent	322	185	365	—	—
Total liabilities	36,764	42,313	38,268	44,368.68	55,438.80
Convertible preferred stock, net of issuance costs, $0.00001 par value; nil and 86,815,192 shares authorized as of December 31, 2022 and December 31, 2021, respectively; nil and 73,914,149 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively; aggregate liquidation preference of $0 and $271,845 as of December 31, 2022 and December 31, 2021, respectively	—	—	0	—	—
Stockholders’ equity:
Preferred stock, $0.0001 par value; 100,000,000 shares authorized; no shares issued and outstanding	0	—	—	—	—
Common stock, $0.0001 par value; 2,000,000,000 shares authorized; 186,399,412 and 176,899,814 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively	19	18	18	—	—
Class B Common Stock	—	—	—	1,035	1,035
Treasury stock, at cost; 157,193 shares as of both December 31, 2024 and December 31, 2023, respectively	(625)	(625)	—	—	—
Additional paid-in capital	570,588	543,846	509,094	—	—
Accumulated other comprehensive income	572	911	693	—	—
Accumulated deficit	(346,972)	(280,638)	(190,418)	(43,729.31)	(53,093.06)
Total Forge Global Holdings, Inc. stockholders’ equity	223,582	263,512	319,387	(43,728.28)	(53,092.02)
Noncontrolling interest	3,160	4,906	6,074	—	—
Total stockholders’ equity	226,742	268,418	325,461	—	—
Total liabilities and stockholders’ equity	263,506	310,731	363,729	414,640.40	416,346.78

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.