What was the balance of The Standardx's goodwill related to financing receivables at January 1, 2023?

According to The Standardx's 2025 Franchise Disclosure Document, the balance of goodwill at January 1, 2023, was $1,465 for Management and franchising, $210 for Owned and leased, $1,589 for Distribution, $2 for Overhead, and $0 for Unallocated, totaling $3,266. Goodwill represents the intangible assets acquired in a business combination, such as brand recognition and customer relationships. It is allocated across different business segments to reflect where the benefits of the acquisition are realized.

The table also shows accumulated impairment losses, which reduce the net goodwill. At January 1, 2023, the accumulated impairment losses were $(4) for Management and franchising, $(161) for Owned and leased, and $0 for Distribution, Overhead, and Unallocated, totaling $(165). The net goodwill, which is the balance after deducting accumulated impairment losses, was $1,461 for Management and franchising, $49 for Owned and leased, $1,589 for Distribution, $2 for Overhead, and $0 for Unallocated, totaling $3,101.

For a prospective franchisee, understanding how goodwill is managed and allocated can provide insights into The Standardx's business strategy and financial health. Goodwill impairment can negatively impact a company's reported earnings, so monitoring these figures may be important for assessing the overall stability and performance of The Standardx.