As of what date did Epcon Communities management evaluate subsequent events related to the consolidated financial statements?

According to the 2025 FDD, Epcon Communities Franchising, LLC's management evaluated subsequent events related to the consolidated financial statements through the date of the Independent Auditor's Report, which is also the date on which the consolidated financial statements were available to be issued. This indicates that Epcon Communities assessed events occurring after the balance sheet date (December 31, 2024 and 2023) up to the point when the financial statements were finalized and ready for distribution.

This evaluation is a standard accounting practice to ensure that any material events that could affect the financial statements are properly disclosed. For a prospective franchisee, this means that the financial information presented in the FDD has been reviewed for any significant changes that occurred after the fiscal year-end.

The Independent Auditor's Report provides an opinion on whether Epcon Communities' financial statements present fairly its financial position, results of operations, and cash flows in accordance with accounting principles generally accepted in the United States of America. The auditor's report date is a key indicator of when this evaluation period concluded.