What was the deferred income taxes amount for Carbones Pizzeria?

According to Carbones Pizzeria's 2025 Franchise Disclosure Document, for the year ended October 31, the change in deferred income taxes was “(13,000) $ 100,000”. This appears in a table alongside current income taxes. The federal current income taxes were $75,000 and state were $38,000.

It is important to note that the consolidated financial statements as of and for the 4-month period February 28, 2025, are prepared without an audit. Prospective franchisees should be aware that no certified public accountant has audited these figures or expressed an opinion regarding the contents and form.

Deferred income taxes arise from temporary differences in recognizing income and expenses for financial statement and income tax reporting, primarily due to net operating losses. The company's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination.