Does the Crave Cookies Statement of Cash Flows disclose any subsequent events?

According to Crave Cookies' 2025 Franchise Disclosure Document, the financial statements include an evaluation of subsequent events. Specifically, the notes to the financial statements indicate that subsequent events were evaluated through April 30, 2025, which is the date the financial statements were available to be issued.

This means that Crave Cookies' management and auditors considered events that occurred after the balance sheet date (December 31, 2024) but before the financial statements were released. This is a standard accounting practice to ensure that any significant events that could impact the company's financial position are disclosed to potential investors and franchisees.

For a prospective Crave Cookies franchisee, this disclosure provides some assurance that the financial statements reflect the most up-to-date information available at the time of issuance. It indicates that Crave Cookies is transparent about events that could affect its financial health. However, it's important to note that the FDD does not describe the nature of any specific subsequent events that were evaluated, so further due diligence may be warranted to understand any potential impacts.