What was the value of Craters & Freighters' Marketable Securities as of December 31, 2023?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
ng is a summary of the investment costs and fair value:
| ι | Gross Jnrealized | U | Gross nrealized | Fair Market | ||
|---|---|---|---|---|---|---|
| December 31, 2024 | Cost | Gains | Losses | Value | ||
| Investments | ||||||
| Money Market Funds | $ 13,787 | $ | - | $ | - : | $ 13,787 |
| Mutual Funds | 11,685 | - | (608) | 11,077 | ||
| Equities and Other Funds | 357,138 | 398,243 | - | 755,381 | ||
| $ 382,610 | $ | 398,243 | $ | (608) | $ 780,245 | |
| L | Gross Jnrealized | U | Gross nrealized | Fair Market | ||
| December 31, 2023 | Cost | Gains | Losses | Value | ||
| Investments | ||||||
| Money Market Funds | $ 32,240 | $ | - | $ | - ! | $ 32,240 |
| Mutual Funds | 11,685 | - | (1,500) | 10,185 | ||
| Equities and Other Funds | 338,874 | 253,570 | - | 5 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 49)
What This Means (2025 FDD)
According to Craters & Freighters' 2025 Franchise Disclosure Document, the company's marketable securities as of December 31, 2023, had a fair market value of $635,969. This total is comprised of several investment types. Money market funds were valued at $32,240, mutual funds at $10,185, and equities and other funds at $592,444.
The FDD also provides insight into the cost and unrealized gains or losses associated with these investments. The original cost of these investments totaled $382,799. The gross unrealized gains amounted to $253,570, while gross unrealized losses totaled $1,500. This level of detail can help prospective franchisees understand the composition and performance of Craters & Freighters' investment portfolio.
It's important to note that these investments are valued using Level 1 inputs, which are quoted prices in active markets for identical assets. This valuation method is considered the most reliable as it relies on readily available market data. Craters & Freighters does not hold any investments using Level 2 or Level 3 inputs, which rely on less observable or unobservable data, respectively. This indicates a preference for more liquid and transparent investments.