According to Cordova's 2025 Franchise Disclosure Document, Exhibit D contains the company's financial statements. Specifically, it includes the balance sheet on a cash basis as of March 7, 2025, which is unaudited.

The balance sheet shows Cordova's assets, liabilities, and equity. The assets consist of $10,000 in cash, which is also the total current assets and total assets. The total liabilities are listed as $0. The equity section includes $1,000 in capital stock and $9,000 in owner's equity, totaling $10,000, which matches the total liabilities and equity.

The FDD explicitly states that these financial statements were prepared without an audit. Cordova advises prospective franchisees to be aware that no certified public accountant has audited these figures or expressed an opinion on their content or form. This lack of auditing could mean the figures have not been verified by an independent source, so a potential franchisee should consider this when evaluating Cordova's financial position.