What was the total cost of Anago's trademark as of December 31, 2024?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
1,601,902, $1,371,933, and $708,515, respectively. These funds have been invested in domestic stocks.
NOTE D – INVESTMENTS (CONTINUED)
Closed-in mutual funds are investments which invests funds through single public offerings. These funds are valued based on quote prices on the last trading date of the principal market on or
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the total cost of the company's trademark was $184,000 as of December 31, 2024. This figure represents the initial cost of acquiring the trademark and is a component of Anago's intangible assets. The FDD also notes accumulated amortization related to the trademark.
Amortization is the process of spreading the cost of an intangible asset over its useful life. As of December 31, 2024, the accumulated amortization for Anago's trademark was $154,356. This means that over the years, $154,356 of the original $184,000 cost has been expensed. The annual amortization expense for the years ended December 31, 2024, 2023, and 2022 was $12,267 each year.
For a prospective Anago franchisee, understanding the value and amortization of intangible assets like trademarks is important for assessing the financial health and stability of the franchisor. While the trademark's original cost is $184,000, its net book value (cost less accumulated amortization) would be lower, reflecting its remaining value on Anago's balance sheet. This information can be useful in evaluating the overall financial position of Anago.