For Costa Vida Fresh Mexican Grill, what period of subsequent events has the company evaluated?

According to Costa Vida Fresh Mexican Grill's 2025 Franchise Disclosure Document, the company has evaluated subsequent events from December 31, 2024, through March 28, 2025, which is the date of the auditor's report included in the financial statements. Subsequent events are events that occur after the balance sheet date (December 31, 2024 in this case) but before the financial statements are issued.

This evaluation is a standard accounting practice to ensure that the financial statements accurately reflect the company's financial condition. These events could include things like a major lawsuit, a significant acquisition, or a large loss of revenue. If any of these events are material, they must be disclosed in the financial statements.

For a prospective Costa Vida Fresh Mexican Grill franchisee, this means that the financial statements have been reviewed for any significant events that occurred after the end of the fiscal year but before the statements were released. This provides additional assurance that the financial information presented is complete and accurate. The auditor's report, dated March 28, 2025, indicates the financial statements present fairly the financial position of Costa Vida Management, LLC as of December 31, 2024, 2023, and 2022.