Forge Innovation Development (Forge Innovation Development) Other Operating Expense : $0.31 Mil (TTM As of Mar. 2024)

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What is Forge Innovation Development Other Operating Expense?

Forge Innovation Development's Other Operating Expense for the three months ended in Mar. 2024 was $0.08 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0.31 Mil.

Forge Innovation Development's quarterly Other Operating Expense declined from Sep. 2023 ($0.07 Mil) to Dec. 2023 ($0.05 Mil) but then increased from Dec. 2023 ($0.05 Mil) to Mar. 2024 ($0.08 Mil).

Forge Innovation Development's annual Other Operating Expense increased from Dec. 2021 ($-0.01 Mil) to Dec. 2022 ($0.02 Mil) and increased from Dec. 2022 ($0.02 Mil) to Dec. 2023 ($0.24 Mil).

Forge Innovation Development Other Operating Expense Historical Data

The historical data trend for Forge Innovation Development's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Forge Innovation Development Other Operating Expense Chart

Forge Innovation Development Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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-0.01

0.02

0.24

Forge Innovation Development Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															0.01	0.12	0.07	0.05	0.08

Forge Innovation Development Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.31 Mil.

Forge Innovation Development Other Operating Expense Related Terms

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Forge Innovation Development (Forge Innovation Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Forge Innovation Development Corp (OTCPK:FGNV) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6280 Mission Boulevard, Unit 205, Jurupa Valley, CA, USA, 92509

Website

https://www.forgecorpusa.com

Forge Innovation Development Corp is a real estate development company. The company is engaged in commercial and residential land development, including purchase and sale of real estate, targeting properties in Southern California. Its primary business is to acquire land and develop and sell fully constructed homes and commercial property such as stores, offices, and private schools, among others to non-affiliated third parties. It also intends to invest its funds in income-yielding properties.

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