According to All Team's 2025 Franchise Disclosure Document, the prepaid expenses for 2023 were a negative amount, specifically ($16,270), as indicated in the cash flow statement. This figure represents a change in prepaid expenses during the year and is used in the adjustments to reconcile net income to net cash provided by operating activities. Prepaid expenses are costs that All Team has paid in advance for goods or services that will be used in the future.

The negative value suggests that All Team used more of its prepaid expenses during 2023 than it added, resulting in a decrease in this asset account. This contrasts with the $35 in prepaid expenses for 2022, indicating a significant shift in how All Team managed these expenses between the two years.

For a prospective franchisee, understanding these figures is crucial as it reflects the financial management and operational efficiency of All Team. Changes in prepaid expenses can impact the overall cash flow and profitability of the company, which in turn could affect the support and services available to franchisees. Reviewing these trends over multiple years provides insight into the financial stability and management practices of All Team.