As of April 30, 2025, what is the total value of Cinnaholic's other current assets?

According to Cinnaholic's 2025 Franchise Disclosure Document, the total value of other current assets as of April 30, 2025, was $2,230,668.93. These assets comprise several components, including employee cash advances, ERC receivables, franchise fees receivable, loans to franchisees, prepaid commissions, prepaid expenses, shareholder loans, uncategorized assets, and undeposited funds.

Specifically, the other current assets include items such as Franchise Fees Receivable at $261,000.00, Loan to Franchisee at $1,500.00, Prepaid Commissions at $712,957.00, Prepaid Commissions ST (short term) at $262,929.00, and various prepaid expenses including Alpha Matter POS Upgrade at $531,515.48, Coral Springs at $132,699.2, and Dunwoody at $353,068.24, which sum up to a total of $1,017,282.93. Shareholder Loans have a negative balance of -$25,000.00.

For a prospective Cinnaholic franchisee, understanding the composition of these 'other current assets' is crucial. Prepaid expenses, for example, might relate to services or goods Cinnaholic has already paid for but not yet fully received or utilized. Franchise fees receivable represents the amount due to Cinnaholic from its franchisees. The negative value for Shareholder Loans could indicate loans that are owed to the company by its shareholders. These figures provide insight into Cinnaholic's financial health and how it manages its assets and receivables.

It's important for potential franchisees to seek clarification from Cinnaholic regarding the nature and recoverability of each component within 'other current assets.' Understanding the details behind these figures will allow for a more informed assessment of the company's financial stability and operational efficiency.