FORGE INNOVATION DEVELOPMENT CORP.: 10-K filed 2020-03-26

Name: FORGE INNOVATION DEVELOPMENT CORP.: 10-K filed 2020-03-26
Creator: FORGE INNOVATION DEVELOPMENT CORP.

What FORGE INNOVATION DEVELOPMENT CORP. reported in its annual report filed 2020-03-26 (fiscal FY 2019): 27 published measures, 51 facts as tagged in accession 0001213900-20-007488.

This filing

Form: 10-K (annual report)
Filed: 2020-03-26
Fiscal period: fiscal FY 2019
Accession: 0001213900-20-007488 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All FORGE INNOVATION DEVELOPMENT CORP. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2019-12-31	654,740	USD
At 2018-12-31	813,597	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2019-12-31	129,404	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2019-12-31	525,336	USD
At 2018-12-31	808,724	USD
At 2017-12-31	808,110	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2019-12-31	366,270	USD
At 2018-12-31	653,142	USD
At 2017-12-31	824,777	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	-283,388	USD	365
2018-01-01 to 2018-12-31	-326,053	USD	365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	-277,075	USD	365
2018-01-01 to 2018-12-31	-336,811	USD	365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	9,797	USD	365
2018-01-01 to 2018-12-31	34,824	USD	365

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	36,000	USD	365
2018-01-01 to 2018-12-31	36,000	USD	365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	-9,797	USD	365
2018-01-01 to 2018-12-31	165,176	USD	365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2019-12-31	-948,904	USD
At 2018-12-31	-665,516	USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	800	USD	365
2018-01-01 to 2018-12-31	800	USD	365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2019-12-31	34,395	USD
At 2018-12-31	29,217	USD

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2019-12-31	484,270	USD
At 2018-12-31	766,142	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2019-12-31	64,087	USD
At 2018-12-31	4,873	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	320,788	USD	365
2018-01-01 to 2018-12-31	365,523	USD	365

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	36,000	USD	365
2018-01-01 to 2018-12-31	36,000	USD	365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2019-12-31	45,621,868	shares
At 2018-12-31	45,621,868	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2019-12-31	1,469,678	USD
At 2018-12-31	1,469,678	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit	Days
At 2019-12-31	122,122	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2019-12-31	124,630	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2018-12-31	18,238	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	-282,588	USD	365
2018-01-01 to 2018-12-31	-325,253	USD	365

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	-283,388	USD	365
2018-01-01 to 2018-12-31	-326,053	USD	365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	8,904	USD	365
2018-01-01 to 2018-12-31	5,607	USD	365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	2,200	USD	365
2018-01-01 to 2018-12-31	4,270	USD	365

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	53,735	USD	365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	-3,000	USD	365
2018-01-01 to 2018-12-31	3,000	USD	365

Inspect the source

Entity: FORGE INNOVATION DEVELOPMENT CORP. / CIK 0001687919
Captured: 2026-09-21T17:23:24.062Z
SEC response SHA-256: 3c1793daaf23bf9b44a990a155ab025c19bfdc80e3426f099862e951948e41ea

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001687919.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))