What was the total operating expenses for C12 Group in 2022?

I am unable to provide the exact total operating expenses for C12 Group in 2022, as this specific figure is not present within the provided excerpts from the 2025 Franchise Disclosure Document. While the document includes financial statements and related notes, it does not explicitly state the total operating expenses as a single line item.

The excerpts do contain components that contribute to operating expenses, such as rent expenses for office space and equipment, which totaled approximately $124,000 in 2022. Additionally, the document discusses advertising costs, which are expensed as incurred, and amortization expenses related to goodwill and website/application development. However, without a consolidated figure for total operating expenses, it is impossible to determine the precise amount.

A prospective franchisee should review the complete financial statements within Item 22 of the FDD and seek clarification from C12 Group regarding their operating expenses. Understanding the components and overall amount of operating expenses is crucial for assessing the financial health and profitability of C12 Group.