What was the total amount of Craters & Freighters' other assets as of December 31, 2023?

According to Craters & Freighters' 2025 Franchise Disclosure Document, the company's balance sheet as of December 31, 2023, lists several current assets. These include cash and cash equivalents totaling $6,991,649, marketable securities at fair market value of $634,869, accounts receivable (net of allowance for credit losses of $50,000) amounting to $569,660, and prepaid expenses of $201,226. The sum of these current assets totals $8,397,404.

Prospective franchisees should understand that these figures reflect Craters & Freighters' financial health at a specific point in time. The composition of current assets—the mix of cash, securities, receivables, and prepaid expenses—can indicate the company's liquidity and ability to meet short-term obligations. A substantial amount of cash and marketable securities suggests strong liquidity, while the level of accounts receivable needs to be evaluated in conjunction with the allowance for credit losses to gauge the risk of uncollectible accounts.

It is important to note that this balance sheet provides only a snapshot of Craters & Freighters' financial position as of December 31, 2023. Financial conditions can change, and future performance may not mirror past results. Therefore, potential franchisees should review the complete financial statements, including the income statement and cash flow statement, and consult with a financial advisor to assess the overall financial stability and performance of Craters & Freighters.