What is the cost of Focalpoint Coaching's treasury stock?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
| STOCKHOLDERS' DEFICIT | |||||||
|---|---|---|---|---|---|---|---|
| Common stock, | $.001 | par value; | authorized | ||||
| 67,260 shares; issued and outstanding | $ | 100 | $ | 100 | |||
| Treasury stock, | $.001 | par value; | $10 | cost; | |||
| 32,743 outstanding | (10) | (10) | |||||
| Retained deficit | (237,280) $(237,190) $822,940 | (249,741) $(249,651) $641,697 |
Source: Item 23 — Receipts (FDD pages 57–259)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the treasury stock has a par value of $0.001. The cost of the treasury stock is listed as $10. There are 32,743 shares outstanding. The value is recorded as a negative number, (-10), in the stockholders' deficit section.
Treasury stock refers to previously outstanding stock that has been repurchased by the company. It is recorded at cost, which in this case is $10. The fact that it is recorded as a negative number in the stockholders' deficit section indicates that it reduces the overall equity of the company.
For a prospective Focalpoint Coaching franchisee, this information provides a snapshot of the company's equity structure. While the amount is relatively small, it's part of the overall financial picture that can help in assessing the financial health and stability of the franchisor.