According to Cordova's 2025 Franchise Disclosure Document, the balance sheet provided is dated March 7, 2025. The balance sheet is unaudited. The FDD includes this financial statement as Exhibit D.

It is standard practice for franchisors to include updated financial statements in their FDD annually. These statements provide prospective franchisees with an overview of the franchisor's financial health. The balance sheet included in Exhibit D offers a snapshot of Cordova's assets, liabilities, and equity as of the provided date.

Prospective franchisees should note that the financial statements are unaudited, meaning they have not been independently verified by a certified public accountant. Cordova explicitly advises potential franchisees and sellers of franchises that no certified public accountant has audited these figures or expressed an opinion on their content or form. Therefore, while the balance sheet provides some insight into Cordova's financial position, it should be viewed with caution and considered alongside other information in the FDD and independent research.