Beat cream cheese until smooth, add powdered sugar, vanilla, and optional cotton candy flavoring. Fold in whipped topping and heavy cream. Chill for 30 minutes.

Preheat oil to 350°F. Roll biscuit dough into 4-inch circles on a floured surface.

Scoop 1-2 tablespoons of filling into the center of each circle, fold and seal the edges tightly. Shape into smooth balls.

Fry the balls in the hot oil for 1-2 minutes each side until golden brown. Drain on paper towels.

Mix granulated sugar with optional flavoring, then roll warm bombs in the sugar mixture before serving.