What was the amount of stock-based compensation expense for Batteries Plus Bulbs in 2021?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
ch are expected to be recognized over a weighted-average period of approximately 58 months.
As of December 31, 2023 and 2022, under the 2016 Plan, a total of approximately 100,810 a
Source: Item 21 — Financial Statements (FDD pages 79–80)
What This Means (2025 FDD)
According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, information regarding stock-based compensation is provided for the years 2022 and 2023. The document states that the total stock-based compensation expense included in the company's consolidated statements of net income was $421,000 for the year ended December 31, 2023, and $23,000 for the year ended December 31, 2022.
However, the specific amount of stock-based compensation expense for Batteries Plus Bulbs in 2021 is not disclosed in this excerpt. The provided financial statements focus on the years 2022, 2023 and 2024, and do not include the corresponding figure for 2021.
A prospective franchisee would need to request this information directly from Batteries Plus Bulbs to fully understand the company's stock-based compensation expenses over a longer period and to identify any trends or significant changes in these expenses.