What was the total amount of Dryject's assets in 2022?

According to Dryject's 2025 Franchise Disclosure Document, the company's total assets in 2022 were $916,155. This figure is derived from the company's balance sheet, which lists assets, liabilities, and member's capital. The assets are categorized into current assets and intangible assets. Current assets include cash and accounts receivable, while intangible assets include goodwill and organization costs, less accumulated amortization.

Specifically, Dryject's current assets in 2022 totaled $375,371, comprising $168,705 in cash and $206,666 in accounts receivable. The net intangible assets amounted to $540,784, which is the result of subtracting accumulated amortization from the sum of goodwill and organization costs. Goodwill was valued at $1,509,159, and organization costs were $9,618, with accumulated amortization of $977,993.

For a prospective franchisee, understanding the asset composition and total asset value provides insight into the financial health and stability of Dryject. It's important to note that these figures are based on the company's financial statements and are subject to audit and accounting standards. Reviewing these figures in conjunction with liabilities and equity can offer a more comprehensive view of the company's financial position.

It is also important to note that Dryject's financial statements were prepared by Roger K. Stein, CPA LLC, and the company has evaluated subsequent events through March 24, 2025, indicating that no additional events requiring recognition or disclosure were identified by management after the balance sheet date.