Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 32,294	$ 105,140
Restricted cash	1,150	1,116
Investments	28,379	0
Accounts receivable, net of allowances of $1.5 million and $1.3 million, respectively	8,080	4,706
Prepaid expenses and other current assets	8,387	8,205
Total current assets	78,290	119,167
Internal-use software, property and equipment, net	1,074	2,920
Goodwill and other intangible assets, net	158,246	126,456
Operating lease right-of-use assets	3,667	5,107
Payment-dependent notes receivable	9,442	7,412
Other assets, noncurrent	1,309	2,444
Total assets	252,028	263,506
Current liabilities:
Accounts payable	2,261	1,941
Accrued compensation and benefits	14,873	13,430
Accrued expenses and other current liabilities	8,432	6,310
Operating lease liabilities, current	1,511	3,463
Contingent consideration, current	3,632	0
Total current liabilities	30,709	25,144
Operating lease liabilities, noncurrent	3,023	3,694
Contingent consideration, noncurrent	2,180	0
Payment-dependent notes payable	9,442	7,412
Warrant liabilities	113	192
Other liabilities, noncurrent	161	322
Total liabilities	45,628	36,764
Commitments and contingencies (Note 6)
Stockholders' equity:
Preferred stock, $0.0001 par value; 100,000 shares authorized; no shares issued and outstanding	0	0
Common stock, $0.0001 par value; 133,333 shares authorized; 13,701 and 12,427 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively	1	1
Treasury stock, at cost; 10 shares as of both September 30, 2025 and December 31, 2024, respectively	(625)	(625)
Additional paid-in capital	595,960	570,606
Accumulated other comprehensive income	1,255	572
Accumulated deficit	(393,947)	(346,972)
Total Forge Global Holdings, Inc. stockholders’ equity	202,644	223,582
Noncontrolling interest	3,756	3,160
Total stockholders’ equity	206,400	226,742
Total liabilities and stockholders’ equity	$ 252,028	$ 263,506