Hi Bob,
"Readout mode" refers to a working mode for interaction with images. In this mode. you can read pixel coordinates and values while you move the cursor over an image, or click on an image and hold the button while you drag the mouse to get a readout preview. See the attached screenshots.
if you want to obtain a robust estimate of the average value of one of your flats, you can use the Statistics tool (available on the Process Explorer window, default Favorites category). On Statistics, you can select the 16-bit range to get ADU values. The mean, median and maximum values will tell you how your flats are numerically.