FRGE · As filed with the SEC

Forge Global Holdings income statement, by quarter

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.

Unaudited Condensed Consolidated Statements of Operations · USD thousands, except per-share amounts; shares in thousands

USD thousands, except per-share amounts; shares in thousands	Q3 2025 3 months ended Sep 30, 2025	Q2 2025 3 months ended Jun 30, 2025	Q1 2025 3 months ended Mar 31, 2025	Q4 2024^† 3 months ended Dec 31, 2024	Q3 2024^† 3 months ended Sep 30, 2024
Revenues:
Total revenues	21,260	27,739	25,296	18,589^†	19,216
Marketplace revenue	12,162	18,597	15,997	8,628^†	8,713
Custodial administration fees	9,098	9,142	9,299	9,961^†	10,503
Transaction-based expenses:
Transaction-based expenses	(288)	(155)	(192)	(316)^†	(73)
Total revenues, less transaction-based expenses	20,972	27,584	25,104	18,273^†	19,143
Operating expenses:
Compensation and benefits	26,396	27,193	29,491	25,614^†	28,750
Technology and communications	5,903	4,667	4,349	3,587^†	3,185
General and administrative	4,049	2,144	2,254	1,384^†	1,877
Professional services	1,933	1,204	2,332	2,148^†	2,435
Advertising and market development	1,261	1,528	1,215	986^†	1,015
Depreciation and amortization	1,002	909	986	1,313^†	1,748
Rent and occupancy	723	786	946	1,940^†	1,036
Acquisition-related transaction costs	254	1,988	—	—	0^†
Total operating expenses	41,521	40,419	41,573	36,972^†	40,046
Operating loss	(20,549)	(12,835)	(16,469)	(18,699)^†	(20,903)
Interest and other income:
Interest income	—	—	—	—	1,307
Interest income	609	803	1,042	1,164^†	1,307^†
Change in fair value of warrant liabilities	182	(294)	191	1,765^†	931
Change in fair value of contingent consideration	211	—	—	—	—
Other income, net	41	76	54	99^†	119
Total interest and other income	1,043	585	1,287	3,028^†	2,357
Loss before provision for income taxes	(19,506)	(12,250)	(15,182)	(15,671)^†	(18,546)
Provision for income taxes	(1,296)	189	1,016	294^†	298
Net loss	(18,210)	(12,439)	(16,198)	(15,965)^†	(18,844)
Net income (loss) attributable to noncontrolling interest	13	141	(26)	(322)^†	(502)
Net loss attributable to Forge Global Holdings, Inc.	(18,223)	(12,580)	(16,172)	(15,643)^†	(18,342)
Net loss per share attributable to Forge Global Holdings, Inc. common stockholders:
Basic (in dollars per share)	(1.37)	(1.01)	(1.29)	—	(0.10)
Diluted (in dollars per share)	(1.37)	(1.01)	(1.29)	—	(0.10)
Weighted-average shares used in computing net loss per share attributable to Forge Global Holdings, Inc. common stockholders:
Basic (in shares)	13,341	12,474	12,534	—	184,158.57
Diluted (in shares)	13,341	12,474	12,534	—	184,158.57

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

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