FGMC RSI Chart
Last 7 days
-44.7%
Last 30 days
-54.8%
Last 90 days
-54.3%
Trailing 12 Months
-53.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 9.0M | 0 | 0 | 0 |
2023 | 7.8M | 7.6M | 7.7M | 8.2M |
2022 | 0 | 6.0M | 7.0M | 8.0M |
2021 | 0 | 0 | 0 | 5.0M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 01, 2022 | swets larry g jr | bought | 550,000 | 10.00 | 55,000 | - |
Mar 01, 2022 | baqar hassan | bought | 550,000 | 10.00 | 55,000 | - |
Mar 01, 2022 | cerminara kyle | bought | 550,000 | 10.00 | 55,000 | - |
Mar 01, 2022 | fg merger investors llc | bought | 550,000 | 10.00 | 55,000 | - |
Unveiling FG Merger Corp.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
FG Merger Corp. News
Income Statement (Quarterly) | ||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2021Q4 |
Revenue | 11.1% | 2,723 | 2,450 | 2,005 | 1,856 | 1,840 | 2,044 | 1,889 | 2,011 | - |
Gross Profit | 15.5% | 2,210 | 1,914 | 1,487 | 1,372 | 1,349 | 1,574 | 1,371 | 1,390 | - |
Operating Expenses | -16.7% | 5,252 | 6,308 | 3,910 | 3,481 | 2,700 | 3,100 | 2,438 | 2,602 | - |
S&GA Expenses | -100.0% | - | 6,718 | 3,590 | 3,189 | 843 | 3,770 | 2,152 | 2,262 | - |
Interest Expenses | 121.4% | 226 | 102 | 478 | 271 | 258 | 224 | 217 | 189 | - |
Income Taxes | -Infinity% | -54.00 | - | -292 | 456 | 186 | -314 | 529 | - | - |
Net Income | 32.1% | -5,170 | -7,613 | -3,910 | -2,707 | -1,689 | -778 | -1,401 | -1,487 | -4,964 |
Net Income Margin | -10.0% | -2.15* | -1.95* | -1.17* | -0.86* | -0.69* | -0.65* | -0.64* | -1.34* | -1.00* |
Free Cashflow | 86.3% | -990 | -7,200 | 20.00 | -2,264 | 167 | - | - | - | - |
Balance Sheet | ||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q2 |
Assets | 30.9% | 20,536 | 15,687 | 16,405 | 6,408 | 84,600 | 6,556 | 84,043 | 83,766 | 83,867 | 6,630 | - |
Current Assets | -61.0% | 1,370 | 3,508 | 2,019 | 1,119 | 405 | 1,092 | 1,046 | 1,141 | 1,339 | 1,013 | - |
Cash Equivalents | -88.7% | 138 | 1,219 | 457 | 69.00 | 229 | 196 | 163 | 164 | 957 | 72.00 | 27.00 |
Net PPE | -6.7% | 189 | 202 | 200 | 200 | - | 74.00 | - | - | - | 93.00 | - |
Goodwill | 0% | 1,485 | 1,485 | 1,485 | 1,485 | - | 1,485 | - | - | - | 1,485 | 798 |
Liabilities | 27.7% | 14,358 | 11,242 | - | 10,635 | 988 | 9,058 | 8,200 | 7,341 | 6,483 | 5,625 | - |
Current Liabilities | 38.3% | 12,276 | 8,876 | 8,998 | 9,879 | 988 | 6,799 | 71.00 | 71.00 | 81.00 | 4,054 | - |
Long Term Debt | -15.8% | 1,195 | 1,420 | - | - | - | 1,449 | - | - | - | - | - |
LT Debt, Non Current | -100.0% | - | 1,420 | - | - | - | 1,449 | - | - | - | - | - |
Shareholder's Equity | 39.0% | 6,178 | 4,444 | 6,404 | - | -12,855 | 61.00 | 975 | 1,070 | 369 | 1,005 | - |
Retained Earnings | -4.5% | -120,209 | -115,038 | -107,425 | -93,271 | -583 | -82,861 | 87.00 | -190 | -98.58 | -82,795 | - |
Additional Paid-In Capital | 5.8% | 126,386 | 119,482 | 113,828 | 88,849 | - | 80,360 | 887 | 1,260 | 1,356 | 83,633 | - |
Shares Outstanding | 1.7% | 10,240 | 10,068 | 8,373 | - | 2,108 | 6,076 | 5,778 | 2,108 | - | 167,493 | - |
Float | - | - | - | - | 85,200 | - | - | - | 80,498 | - | - | - |
Cashflow (Quarterly) | |||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 |
Cashflow From Operations | 86.0% | -990 | -7,063 | 158 | -2,126 | 207 | 403 | -240 | -1,036 | -398 | - | - | - |
Share Based Compensation | 0.1% | 508 | 507 | - | - | 273 | - | - | - | 256 | - | - | - |
Cashflow From Investing | -435.1% | -1,204 | -225 | -9,479 | -9.94 | -499 | -93.02 | -71.05 | 82,398 | -82,528 | - | - | - |
Cashflow From Financing | -86.2% | 1,113 | 8,050 | 9,711 | 349 | 1,954 | -276 | 310 | -82,226 | 83,884 | - | - | - |
Buy Backs | - | - | - | 600 | - | - | - | - | 45.00 | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) | ||
Revenue, net | $ 2,723,363 | $ 1,840,371 |
Cost of sales | 513,097 | 491,449 |
Gross profit | 2,210,266 | 1,348,922 |
Expenses | ||
Selling, general and administrative | 4,519,898 | 2,411,071 |
Depreciation and amortization | 732,553 | 288,909 |
Total operating expenses | 5,252,451 | 2,699,980 |
Loss from operations | (3,042,185) | (1,351,058) |
Other income (expenses) | ||
Interest expense | (226,467) | (257,913) |
Finance charges | (1,302,697) | (80,063) |
Change in fair value of forward purchase agreement | 300,000 | 0 |
Income taxes | (54,000) | 0 |
Other expense | (397,621) | 0 |
Total other expenses | (1,680,785) | (337,976) |
Net loss | (4,722,970) | (1,689,034) |
Preferred dividend | (448,000) | 0 |
Net loss attributable to common stockholders | $ (5,170,970) | $ (1,689,034) |
Net loss per share available to common stockholders, basic and diluted | $ (0.51) | $ (0.26) |
Weighted average number of shares, basic and diluted | 10,100,426 | 6,490,738 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
CONDENSED CONSOLIDATED BALANCE SHEETS | ||
Cash | $ 138,031 | $ 1,219,358 |
Accounts receivable, net | 512,148 | 563,905 |
Prepaid expenses and other current assets | 719,347 | 1,725,062 |
Total current assets | 1,369,526 | 3,508,325 |
Property and equipment, net | 188,895 | 202,421 |
Right of use lease asset - operating | 1,060,267 | 1,122,412 |
Software development costs, net | 1,125,368 | 903,412 |
Acquired technology, net | 6,792,028 | 0 |
Customer relationships, net | 2,729,920 | 2,980,412 |
Forward purchase agreement | 5,784,556 | 5,484,556 |
Goodwill | 1,484,966 | 1,484,966 |
Total long-term assets | 19,166,000 | 12,178,179 |
TOTAL ASSETS | 20,535,526 | 15,686,504 |
LIABILITIES AND STOCKHOLDERS' EQUITY | ||
Accounts payable and accrued expenses | 4,894,053 | 3,243,338 |
Operating lease liability, current portion | 240,705 | 241,945 |
Notes payable, current portion | 6,388,603 | 4,720,454 |
Related party notes payable | 572,127 | 550,975 |
Deferred revenue | 180,712 | 119,598 |
Total current liabilities | 12,276,200 | 8,876,310 |
Long-term debt, net of current maturities | 1,195,432 | 1,420,137 |
Operating lease liability, net of current portion | 886,014 | 945,889 |
Total long-term liabilities | 2,081,446 | 2,366,026 |
TOTAL LIABILITIES | 14,357,646 | 11,242,336 |
STOCKHOLDERS' EQUITY | ||
Preferred Stock par value $0.0001; 40,000,000 shares authorized; Issued and Outstanding: 4,376,709 as of March 31, 2024 and 3,755,209 as of December 31, 2023 | 438 | 376 |
Common Stock par value $0.0001; 100,000,000 shares authorized; Issued and Outstanding: 10,240,398 as of March 31, 2024 and 10,068,477 as of December 31, 2023 | 1,024 | 1,007 |
Additional paid-in-capital | 126,386,147 | 119,481,543 |
Accumulated deficit | (120,209,729) | (115,038,758) |
TOTAL STOCKHOLDERS' EQUITY | 6,177,880 | 4,444,168 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ 20,535,526 | $ 15,686,504 |