table_specific

What was the amortization of interest expense for Dryject in 2023?

Dryject Franchise · 2025 FDD

Answer from 2025 FDD Document

xpenses | 1,210,40 | 2 | 1,079,085 | | | Net income (loss) | 20,80 | 5 | (43,014) | | | Member's capital - beginning | 8,38- | No. 1 | 51,398 | | | Member's capital - ending | $ 29,18 | | 8,384 | |

DRYJECT MANAGEMENT, LLC STATEMENT OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022

2023 2022

Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)

What This Means (2025 FDD)

According to Dryject's 2025 Franchise Disclosure Document, the amortization of interest expense for 2023 was $4,287. This figure is part of the cash flow from operating activities section within the financial statements. It represents the non-cash expense related to the amortization of costs associated with Dryject's debt.

For a prospective Dryject franchisee, understanding the amortization of interest expense is crucial for assessing the company's financial health and cash flow management. Amortization is a way of spreading out the cost of an asset over its useful life, and in this case, it relates to the costs incurred when Dryject took on debt. This non-cash expense impacts the net income but doesn't represent an actual outflow of cash during the year.

It's important to note that while the amortization of interest expense is a relatively small figure, it provides insight into Dryject's overall debt structure and how it manages its financial obligations. Franchisees should consider this figure in conjunction with other financial metrics to gain a comprehensive understanding of the company's financial performance and stability. Reviewing trends in amortization and interest expenses over several years can also provide valuable insights into Dryject's financial strategies and risk management practices.

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.