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Unaudited Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Mar. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Cash flows from operating activities:              
Net loss attributable to Forge Global Holdings, Inc. $ (16,198) $ (64,424) $ (5,074) $ 938 $ (85,741) $ (12,139)  
Adjustments to reconcile net loss including noncontrolling interest to net cash (used in) provided by operations:              
Share-based compensation         45,974 9,975  
Depreciation and amortization         4,531 4,137  
Transaction expenses related to the Merger         3,132 0  
Amortization of right-of-use assets         2,819 1,992  
Loss on impairment of long lived assets         446 0  
Bad debt reserve         294 0  
Change in fair value of warrant liabilities (25,210)   (737)   (19,808) 5,575  
Gain (Loss) on Extinguishment of Debt         5,517 0  
Other         0 285  
Changes in operating assets and liabilities:              
Accounts receivable         2,042 1,560  
Prepaid expenses and other assets         (4,265) 469  
Accounts payable         (43) 333  
Accrued expenses and other liabilities         402 (2,092)  
Accrued compensation and benefits         (11,118) 5,388  
Operating lease liabilities         (3,942) (2,626)  
Net cash (used in) provided by operating activities         (59,760) 12,857  
Cash flows from investing activities:              
Purchases of property and equipment         (116) 0  
Purchases of intangible assets         (126) (2,202) $ (2,200)
Capitalized internal-use software development costs         (4,590) (653)  
Net cash used in investing activities         (4,832) (2,855)  
Cash flows from financing activities:              
Proceeds from the Merger         7,865 0  
Proceeds from PIPE investment and A&R FPA investors         208,500 0  
Payments for offering costs         (56,852) (1,750)  
Proceeds from exercise of Public Warrants         22,940 0  
Formation of Forge Europe (Note 1)         9,488 0  
Proceeds from exercise of options, including proceeds from repayment of promissory notes         997 1,460  
Payments for redemption of Public Warrants         (165) 0  
Repayment of notes payable         0 (19,437)  
Payments to repurchase early exercised stock options         0 (10)  
Net cash provided by financing activities         192,773 29,638  
Effect of changes in currency exchange rates on cash and cash equivalents         (159) 0  
Net increase in cash and cash equivalents         128,022 39,640  
Cash, cash equivalents and restricted cash, beginning of the period   $ 76,404   $ 42,178 76,404 42,178 42,178
Cash, cash equivalents and restricted cash, end of the period 204,426   81,818   204,426 81,818 76,404
Reconciliation of cash, cash equivalents and restricted cash to the amounts reported within the unaudited condensed consolidated balance sheets              
Cash and cash equivalents 202,603   80,450   202,603 80,450 74,781
Restricted cash 1,823   1,368   1,823 1,368 1,623
Total cash, cash equivalents and restricted cash, end of the period $ 204,426   $ 81,818   204,426 81,818 $ 76,404
Supplemental disclosures of cash flow information:              
Cash paid for interest         0 2,118  
Supplemental disclosure of non-cash investing and financing activities:              
Capitalized internal-use software development costs accrued and not yet paid         234 97  
Reclassification of deferred offering costs to equity         5,932 0  
Conversion of preferred stock         246,049 0  
Conversion of May 2020 and October 2020 preferred stock warrants of Legacy Forge to common stock warrants         2,949 0  
Non-cash assets acquired in the Merger         193 0  
Warrants issued in connection with A&R FPA         3,080 0  
Conversion of May 2020 and October 2020 preferred stock warrants of Legacy Forge to common stock warrants         13,983 0  
Recapitalization of Legacy Forge common stock         5 0  
Exchange of Class AA common stock for Series B-1 convertible preferred stock         0 39,722  
Vesting of early exercised stock options and restricted stock awards         1,240 102  
Warrant liability reclassified to additional paid-in capital upon exercise of Public Warrants         698 0  
Warrant liability reclassified to additional paid-in capital upon exercise of Junior Preferred Stock Warrants         653 0  
Settlement of promissory notes         4,207 0  
Early exercise of stock options upon settlement of related party promissory notes         1,310 0  
Series B-1              
Cash flows from financing activities:              
Proceeds from issuance of convertible preferred stock, net of issuance costs         0 47,735  
Series B-2              
Cash flows from financing activities:              
Proceeds from issuance of convertible preferred stock, net of issuance costs         $ 0 $ 1,640