According to Counselor Realty's 2025 Franchise Disclosure Document, the Statements of Stockholder's Equity can be found in Exhibit A. Item 21 indicates that the balance sheets as of December 31, 2024, and December 31, 2023, along with the statements of operations, stockholder's equity, and cash flows for the periods ending December 31, 2024, December 31, 2023, and December 31, 2022, are included in Exhibit A of the Franchise Disclosure Document.

Exhibit A contains the financial statements for December 31, 2024, and 2023, and for the years ended December 31, 2024, 2023, and 2022. The table of contents within Exhibit A lists the Statements of Stockholder's Equity on page 5.

Specifically, the Statements of Stockholder's Equity detail changes in equity over the three-year period. For example, the balances as of December 31, 2021, show 10,000 shares of common stock with a value of $100, additional paid-in capital of $47,209, and retained earnings of $156,849, resulting in total stockholder's equity of $204,158. The statements then show how net income or loss affects these balances year by year, arriving at the final balances as of December 31, 2024.