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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 120,475 $ 144,722
Restricted cash 1,089 1,062
Accounts receivable, net 4,524 4,067
Prepaid expenses and other current assets 10,930 13,253
Total current assets 137,018 163,104
Internal-use software, property and equipment, net 3,993 5,192
Goodwill and other intangible assets, net 127,961 129,919
Operating lease right-of-use assets 7,324 4,308
Payment-dependent notes receivable, noncurrent 6,758 5,593
Other assets, noncurrent 2,606 2,615
Total assets 285,660 310,731
Current liabilities:    
Accounts payable 1,656 1,831
Accrued compensation and benefits 9,079 11,004
Accrued expenses and other current liabilities 6,818 8,861
Less: operating lease liabilities, current 3,357 2,516
Total current liabilities 20,910 24,212
Operating lease liabilities, noncurrent 5,326 2,707
Payment-dependent notes payable, noncurrent 6,758 5,593
Warrant liabilities 2,889 9,616
Other liabilities, noncurrent 303 185
Total liabilities 36,186 42,313
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Common stock, $0.0001 par value; 182,670,074 and 176,899,814 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 19 18
Treasury stock, at cost; 157,193 shares as of June 30, 2024 and December 31, 2023, respectively (625) (625)
Additional paid-in capital 558,266 543,846
Accumulated other comprehensive income 721 911
Accumulated deficit (312,986) (280,638)
Total Forge Global Holdings, Inc. stockholders’ equity 245,395 263,512
Noncontrolling interest 4,079 4,906
Total stockholders’ equity 249,474 268,418
Total liabilities and stockholders’ equity $ 285,660 $ 310,731
Common stock, shares issued (in shares) 182,670,074 176,899,814
Common stock, shares outstanding (in shares) 182,670,074 176,899,814