What is the name of the document containing Bombs Away's notes to financial statements?

According to Bombs Away's 2024 Franchise Disclosure Document, the document that contains the company's notes to financial statements is titled "NOTES TO FINANCIAL STATEMENTS." These notes are included with the company's balance sheets and other financial statements. For example, the balance sheet as of December 31, 2022, includes the document titled "BOMBS AWAY FRANCHISING LLC NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2022."

These notes provide additional information and context to the raw financial data presented in the balance sheets, income statements, and cash flow statements. They explain the accounting policies Bombs Away uses, potential risks, and other relevant details that help in understanding the company's financial performance and position. For instance, the notes include information about the basis of presentation, use of estimates, cash and cash equivalents, revenue recognition, and concentrations of risk.

Prospective Bombs Away franchisees should carefully review these notes, as they offer insights into how the company manages its finances and what factors could affect its future financial performance. Understanding these details can help franchisees make informed decisions about their investment and assess the financial stability of the franchisor. The notes also cover important aspects such as income taxes, commitments, contingencies, and subsequent events, providing a comprehensive view of the company's financial practices.