factual

Does the Crave Cookies Statement of Cash Flows include any notes or disclosures?

Crave_Cookies Franchise · 2025 FDD

Answer from 2025 FDD Document

See accompanying notes and independent accountants' audit report

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)

What This Means (2025 FDD)

According to the 2025 Crave Cookies FDD, the financial statements, including the statement of cash flows, are accompanied by notes. These notes offer additional details and explanations regarding the figures presented in the core financial statements.

The notes cover various aspects of Crave Cookies's accounting practices and financial position. For example, Note 1 discusses the company's organization, its operations as a franchise company, and the use of estimates in preparing the financial statements. It also addresses concentrations of credit risk, cash and cash equivalents, and contract receivables. These disclosures help clarify the assumptions and judgments made by management in preparing the financial statements.

Other notes to the financial statements for previous years (2021-2023) provide further information on topics such as accounts receivable, inventories, related-party transactions, prepaid expenses, and property and equipment. There are also notes regarding significant estimates and potential litigation involving Crave Cookies. These notes are essential for a comprehensive understanding of the company's financial performance and position, as they provide context and detail that the main financial statements alone cannot offer.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.