FGNV — what changed in the latest 10-Q
A section-by-section comparison of FGNV's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2025-11-24 vs the prior 10-Q · 2025-08-19
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +9 | −11 | ~3 | 10 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Risk factors, Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2025-11-24
On July 27, 2025, pursuant to an Limited Partnership interest transfer and acknowledgment Agreement between Forge Innovation Development Corp. (the “Company” or the “transferor”) and Legend Investment Management, LLC (“Legend LLC” or the “transferee”), the Company released the 77.3% of Legend LLC’s …
A relative of the President of the Company has significant influence of the transferee’s management, therefore the stock release is being treated as a related party transaction. The Company transferred 51% interest of Legend LP back to Legend LLC in exchanged by releasing 1,967,143 common stocks of …
Results of Operation for the three months ended September 30, 2025 and 2024
For the three months ended September 30, 2025, we had total management income from related parties of $16,000, as compared to $nil for the three months ended September 30, 2024, respectively
During the three months ended September 30, 2025 and 2024, the Company incurred general and administrative expenses of $10,259 and $32,272, respectively. During the same period of 2025 and 2024, our depreciation expense inreased from $5,007 to $5,504.
Text removed vs the prior filing · source: 10-Q · 2025-08-19
Results of Operation for the three months ended June 30, 2025 and 2024
For the three months ended June 30, 2025, we had total rental income of $181,275, as compared to $175,899 for the three months ended June 30, 2024, an increase of $5,376, or 3%, respectively
For the three months ended June 30, 2025, we had total management income from related parties of $12,000, as compared to $nil for the three months ended June 30, 2024, respectively
During the three months ended June 30, 2025 and 2024, the Company incurred general and administrative expenses of $87,507 and $107,795, respectively. During the same period of 2025 and 2024, our depreciation expense decreased from $78,166 to $77,393, and the property operating expense decreased from…
During the three months ended June 30, 2025 and 2024, the Company had interest expense and other, net of $92,008 and $187,088, respectively.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice