What was the reported intrinsic value of options exercised during the year 2022 for Annex Brands?

According to Annex Brands's 2025 Franchise Disclosure Document, the intrinsic value of options exercised during the year 2022 was $282,000. This figure reflects the total value realized when individuals holding stock options exercised their right to purchase Annex Brands stock at a predetermined price, and the market value of the stock at the time of exercise exceeded that price.

For a prospective franchisee, this information provides insight into the company's financial structure and how it incentivizes its employees or stakeholders through stock options. While franchisees typically do not participate in these stock option plans, understanding the financial health and compensation strategies of Annex Brands can offer a broader view of the company's stability and management practices.

It's important to note that this is just one aspect of Annex Brands's overall financial picture. A potential franchisee should consider this information in conjunction with other financial statements and disclosures in the FDD to gain a comprehensive understanding of the company's financial performance and stability.