What was the total amount of Additional Paid-In Capital for Best Brains as of December 31st, 2023?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| Stockholders' Equity | ||
| Common stock | 1,000 | 1,000 |
| Additional paid in capital | 121,375 | 121,375 |
| Retained earnings | 77,883 | 66,758 |
| Total Stockholders' Equity | 200,258 | 189,133 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the total Additional Paid-In Capital as of December 31, 2023, was $121,375. This figure represents the amount of capital that shareholders have paid into the company above the par value of the common stock.
For a prospective Best Brains franchisee, understanding the Additional Paid-In Capital can provide insights into the company's financial structure and how it has raised capital in the past. It reflects the confidence and investment from shareholders beyond the basic stock value.
It's important to note that this value remained consistent from December 31, 2023, to December 31, 2024, indicating no new additional paid-in capital was raised during that year. This stability could suggest a period of consistent financial strategy or a lack of need for additional funding during that time.