What was the depreciation and amortization for Checkers for the period ended January 2, 2023 (Predecessor)?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
(26,178) | | (22,686) | | | | | Loss before income tax expense (benefit) | | (2,030) | | (98,648) | | (26,576) | | (10,272) | | | | | Income tax expense (benefit) | | 540 | | (7,542) | | (2,952) | | (206) | | | | | Net loss | $ | (2,570) | $ | (91,106) | $ | (23,624) | $ | (10,066) | | | |
| For the Periods Ended | ||||||||
|---|---|---|---|---|---|---|---|---|
| June 17, 20 through Janua 2024 (Succes | гу 1, | throug | ary 3, 2023 gh June 16, Predecessor) | ry 2, 2023 lecessor) | ry 3, 2022 decessor) | |||
| Operating activities | ||||||||
| Net loss | 2,570) | S | (91,106) | $ | (23,624) | $ | (10,066) | |
| Adjustments to reconcile net loss to net cash provided by ( |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, the depreciation and amortization for the period ended January 2, 2023 (Predecessor) was $15,733. This figure is part of the adjustments used to reconcile net loss to net cash provided by or used in operating activities.
Depreciation and amortization are accounting methods used to allocate the cost of tangible (depreciation) and intangible (amortization) assets over their useful lives. For a Checkers franchisee, this number reflects the expense recognized for the wear and tear or consumption of assets like equipment and the use of intangible assets over the stated period.
It's important to note that this figure is part of a larger set of financial activities. Prospective franchisees should consider this within the context of Checkers' overall financial statements to understand the complete picture of the company's financial health and performance. Reviewing the notes to the financial statements and consulting with a financial advisor can provide further clarity.