factual

What was the total amount of related party loans Kidokinetics had as of December 31, 2023?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

As of December 31, 2023, 2022, and 2021, the Company had the following related party loans:

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 59)

What This Means (2024 FDD)

According to Kidokinetics' 2024 Franchise Disclosure Document, the company had related party loans outstanding as of December 31, 2023. However, the specific total amount of these related party loans is not disclosed in the provided excerpts.

While the excerpts indicate that Kidokinetics had related party loans, the exact amount is not specified. The FDD includes financial statements and notes that generally provide details on various financial aspects of the company, but the specific figure for related party loans is absent.

A prospective franchisee should inquire directly with Kidokinetics about the total value of related party loans as of December 31, 2023, to gain a clearer understanding of the company's financial obligations and related party transactions. Understanding the magnitude and terms of these loans is crucial for assessing the financial health and stability of the franchisor.

Disclaimer: This information is extracted from the 2024 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.