{"filings":[{"id":526476,"accession_number":"0001185185-26-001926","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2026-05-19T20:00:40+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"EDC fiscal Q4 net loss $3.1M; full-year net income $2.3M after $12.2M building sale gain","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenues FY2026 $22.9M vs $34.2M prior year; Q4 revenues $4.2M vs $6.6M.","Average active PaperPie Brand Partners fell to 5,800 from 12,300 (FY); Q4 4,500 vs 9,400.","FY net income $2.3M includes $12.2M building sale gain; operating loss without gain was $6.9M.","Company now debt-free after repaying $30.9M bank debt; secured new $2.0M line of credit from Regent Bank.","Restructuring & cost cuts expected to save >$1.2M in G&A in FY2027; inventory reduced $7.0M to $37.7M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":97941,"accession_number":"0001185185-26-001451","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2026-04-21T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"EDC sets FY2026 earnings call for May 19 and annual meeting for July 8, 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Earnings call: May 19, 2026, 3:30 PM CT (4:30 PM ET); dial-in (800) 717-1738, ID 58335.","Annual meeting: July 8, 2026, 10:00 AM CT at Tulsa HQ; record date May 19, 2026.","Proxy materials to be mailed around May 28, 2026 to shareholders of record.","No financial results released; call will present year-end FY2026 results."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113152,"accession_number":"0001185185-26-000844","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2026-03-11T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Educational Development enters $2M revolving credit facility with Regent Bank","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving loan up to $2M with 1-year maturity to March 6, 2027.","Interest at higher of Prime Rate + 2.00% or 7.00%.","Secured by accounts receivable, eligible inventory, fixed assets, and excess land.","Personal guarantee by CEO Craig White as added inducement.","No funds drawn initially; facility described as increased capacity with reduced rates vs prior lender."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113151,"accession_number":"0001185185-26-000075","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2026-01-08T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"EDC Q3 revenue $7.0M, net income $7.8M includes $12.2M building sale gain; cash $3.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenues fell 37% YoY to $7.0M; avg. active PaperPie Brand Partners dropped to 5,100 from 12,400.","GAAP net income $7.8M ($0.91 diluted EPS) vs. $(0.8M) loss; excluding $12.2M building-sale gain, pretax loss $(1.6)M.","Sold HQ/distribution center Hilti Complex for $32.2M; proceeds used to pay off all bank term and revolving loans.","Sale-leaseback and assigned tenant leases to buyer; expects annual cash flow improvement ~$1.0M from eliminated debt service.","Quarter-end cash $3.4M; lowered inventory by $1.5M; launched strategic title purchase plan post-quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":0.63,"consensus_revenue_estimate":null,"consensus_revenue_actual":18735300.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129548,"accession_number":"0001185185-25-002021","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-12-11T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"EDC schedules fiscal Q3 2026 earnings call for Jan 8, 2026","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Earnings call to be held Thursday, January 8, 2026 at 3:30 PM CT (4:30 PM ET).","CEO Craig White, CFO Dan O'Keefe, and CMO Heather Cobb will present results.","Dial-in: (800) 717-1738, Conference ID 60621; replay at edcpub.com/investors.","No financial results or guidance provided in this announcement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129547,"accession_number":"0001185185-25-001554","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-10-28T23:59:59+00:00","items":["1.01","1.02","9.01"],"status":"ready","headline":"Educational Development Corp sells HQ for $32.2M, repays $30M bank debt, enters sale-leaseback","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sale of Hilti Complex for $32.2M to 10Mark 10K Industrial; proceeds repaid all BOKF debt (~$30M).","Executed 10-year triple-net lease at $8/sq ft with 2.5% annual escalations; two 5-year renewal options.","Annual cash flow expected to improve ~$1.0M after lease payments and rental income from other tenants.","Retained 17-acre excess land valued at $2.0M; no early termination penalties incurred.","CEO Craig White says transaction strengthens cash flow and allows company to return to normal operations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129546,"accession_number":"0001185185-25-001411","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-10-09T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"EDUC Q2 revenue down 29% to $4.6M; net loss narrows to $(0.15)/share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenues $4.6M vs $6.5M YoY; PaperPie Brand Partners fell to 5,800 avg from 13,900.","Net loss $(1.3M) vs $(1.8M) YoY; loss per diluted share $(0.15) vs $(0.22).","YTD net loss $(2.4M) vs $(3.1M); revenue $11.7M vs $16.5M.","CEO expects Hilti Complex sale to close mid-November; proceeds to pay off all bank debt.","Company continues turnaround with cost reduction; plans to buy back stock and new titles."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":11727500.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129545,"accession_number":"0001185185-25-001395","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-10-07T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"EDC sells Hilti Complex for $32.2M; buyer proceeds, closing within 45 days","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Purchase price reduced to $32.2M; buyer's notice to proceed waives escrow.","Proceeds will repay all outstanding bank debt; expect limited working capital borrowings.","Interest savings on reduced borrowings will exceed monthly rent, improving cashflow.","Complex: 402k sq ft; Hilti (15yr) and Crusoe Energy (10yr) leases assigned at closing.","EDC will sign triple-net lease for its occupied space post-closing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146120,"accession_number":"0001185185-25-001163","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-09-10T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Educational Development Corporation sets Q2 fiscal 2026 earnings call for October 9, 2025","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Earnings call scheduled for October 9, 2025 at 3:30 PM CT (4:30 PM ET).","CEO Craig White, CFO Dan O’Keefe, and others will present results and host Q&A.","Participants can dial (800) 717-1738, conference ID 43999; audio replay available at www.edcpub.com/investors.","Press release furnished as Exhibit 99.1 under Item 7.01 of Form 8-K."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":11727500.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146119,"accession_number":"0001185185-25-001053","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-08-21T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"EDC sells headquarters for $32.5M in sale-leaseback to repay bank debt","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sale price $32.5M for 402,000 sq ft complex; proceeds to pay off Term Loans and Revolving Loan from bank.","EDC will lease back its occupied space for 10 years at $8.00/sq ft with 2.5% annual escalations; two five-year renewal options.","Buyer has 45-day due diligence; no financing contingency; closing 45 days after diligence period.","Existing third-party tenant leases (Hilti, Crusoe AI) assigned to buyer; excess land parcel retained by EDC.","CEO expects reduced borrowings, interest savings exceed rent, improving monthly cash flows."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146118,"accession_number":"0001185185-25-000946","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-08-12T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Educational Development extends revolving credit maturity to September 19, 2025","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Executed Ninth Amendment with BOKF, NA; effective July 11, 2025.","Revolving loan maturity extended from prior date to September 19, 2025.","CEO states company is exploring sale or refinancing of Hilti Complex to pay off line.","Company continues making scheduled principal and interest payments on loans."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146117,"accession_number":"0001185185-25-000878","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-07-31T23:59:59+00:00","items":["1.02","9.01"],"status":"ready","headline":"EDC terminates sale-leaseback of Hilti Complex after buyer backs out","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["TG OTC, LLC terminated the purchase agreement for EDC's HQ and warehouse on July 28, 2025, after due diligence.","EDC had originally owed $28.9M on the complex; has paid down $2.8M, now owes $26.1M.","Company is evaluating other offers received during initial marketing and pursuing additional financing options.","CEO Craig White highlighted improved balance sheet and net value of the complex despite termination."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146116,"accession_number":"0001185185-25-000741","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-07-08T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"EDUC shareholders elect Dr. Amy N. Emerson as director, ratify auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Dr. Amy N. Emerson elected Class III director (3-yr term) with 5,074,815 for, 89,861 withheld, 1,360,847 broker non-votes.","Ratification of HoganTaylor LLP as independent auditor approved: 6,257,164 for, 18,822 against, 249,537 abstain.","Annual meeting held July 2, 2025; all proposals passed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146115,"accession_number":"0001185185-25-000730","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-07-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Educational Development Q1 net revenue down 29% to $7.1M; net loss narrows to $1.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenues $7.1M vs $10.0M in prior-year Q1; net loss $1.1M vs $1.3M.","Average active PaperPie Brand Partners fell to 7,700 from 13,400.","Loss per share $(0.13) on 8.6M diluted shares vs $(0.15).","CEO: discount promotions used to increase cash, reducing gross margins; cost reductions narrowed losses.","Amendment to Hilti Complex sale agreement extends due diligence; sale expected to retire all lender debt."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":7106400.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164432,"accession_number":"0001185185-25-000708","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-06-30T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"EDC extends due diligence on Tulsa HQ sale to Sep 11, 2025; closing timeline shortened","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment to real estate contract with TG OTC, LLC for Hilti Complex dated June 26, 2025.","Due diligence period extended from August 12, 2025 to September 11, 2025.","Closing changed from 30 days after due diligence to 10 days after.","Original contract signed May 14, 2025 for sale of headquarters and distribution warehouse.","No changes to purchase price or other material terms disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164431,"accession_number":"0001185185-25-000600","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-06-09T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Educational Development schedules Q1 FY2026 earnings call for July 7, 2025","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Fiscal Q1 2026 earnings call set for Monday, July 7, 2025 at 3:30 PM CT (4:30 PM ET).","CEO Craig White, CFO Dan O'Keefe, and CMO Heather Cobb will present results.","Dial-in: (800) 717-1738, Conference ID 80047; audio replay available on company website.","No financial results or guidance included in this announcement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164430,"accession_number":"0001185185-25-000515","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-05-19T23:59:59+00:00","items":["1.01","2.02","5.02","7.01","9.01"],"status":"ready","headline":"Educational Development Corp signs $35.15M sale-leaseback for HQ; reports FY2025 net loss of $5.3M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Executed Purchase and Sale Agreement with TG OTC, LLC for Hilti Complex at $35.15M; proceeds to fully pay down all bank debts. Expected close by early September 2025.","Fiscal 2025 net revenues $34.2M (down 33% YoY), net loss $5.3M (vs $0.5M profit in FY2024), diluted EPS ($0.63) vs $0.07.","Fiscal Q4 net revenues $6.6M (down 26% YoY), net loss $1.3M (improved from $1.6M loss), diluted EPS ($0.16) vs ($0.19).","Board adds Steven Hooser (Class I) and Dr. Amy Emerson (Class III); Hooser will no longer serve as Investor Relations advisor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164429,"accession_number":"0001185185-25-000400","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-05-05T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Educational Development Corporation moves FY2025 earnings call to May 19, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Earnings call rescheduled to Monday, May 19, 2025 at 3:30 PM CT (4:30 PM ET).","CEO Craig White, CFO Dan O'Keefe, and CSMO Heather Cobb will present results and take questions.","Dial-in: (800) 717-1738, Conference ID 95306; audio replay available at www.edcpub.com/investors.","The call covers fiscal year 2025 year-end results; previously announced date was changed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164428,"accession_number":"0001185185-25-000327","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-04-22T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"EDC sets FY2025 earnings call for May 21 and annual meeting for July 2","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Earnings call on May 21, 2025 at 3:30 PM CT; CEO Craig White and CFO Dan O'Keefe will present.","Annual Shareholders Meeting on July 2, 2025 at 10:00 AM CT in Tulsa, OK.","Record date for shareholder voting is May 12, 2025; proxy materials to be mailed around May 27.","Conference ID 95306 for earnings call; phone line (800) 717-1738.","Audio replay available at www.edcpub.com/investors after the call."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164427,"accession_number":"0001185185-25-000311","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-04-17T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"EDC secures 8th amendment to credit agreement with BOKF; extends loans to July/Sept 2025","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving loan maturity extended to July 11, 2025; balance to step down to $4.5M by May 31, 2025.","Two term loans extended to September 19, 2025.","Company paid down over $3M in bank debt and reduced payables by $2M, strengthening balance sheet.","Engaged Keen-Summit as broker to sell Hilti Complex; proceeds expected to fully repay revolver and term loans.","Expects limited borrowings post-sale, favorable impact on profitability and cashflow."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182189,"accession_number":"0001185185-25-000212","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-03-24T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"EDC engages Keen-Summit to market sale of Hilti Complex HQ and warehouse","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Brokerage agreement signed March 21, 2025 with Keen-Summit Capital Partners to market the Hilti Complex for nine months.","Property includes 402,000 sq ft on 35 acres; occupied by EDC, Hilti, and Crusoe under multi-year leases.","CEO Craig White expects sale to close within calendar year; EDC will sign new multiyear lease for its space post-sale.","McGraw Davisson Stewart continues as local broker working alongside Keen-Summit."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182188,"accession_number":"0001185185-25-000045","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-01-27T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Buyer seeks 30-day due diligence extension for EDC's headquarters sale","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["On Jan 21, 2025, Partner Holdings requested to extend due diligence period on EDC's headquarters sale.","Proposed amendment includes a 30-day extension and a delay on the earnest money deposit.","Property is 5400-5402 S 122nd E Ave, Tulsa, OK; company evaluating the proposed amendment.","EDC received written draft of amendment on Jan 24, 2025; no definitive agreement yet."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182187,"accession_number":"0001185185-25-000026","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-01-14T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Chairman Randall White resigns; CEO Craig White appointed Chairman","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Randall White resigned as Chairman and Director effective Jan 8, 2025; no disagreements with management or accounting.","Board unanimously elected CEO and President Craig White to fill the vacant Chairman position.","Board now has three independent and one non-independent director, meeting NASDAQ requirements.","Vacant director seat expected to be filled by the next annual shareholders meeting in July 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182186,"accession_number":"0001185185-25-000021","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2025-01-13T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"EDC Q3 FY2025 revenue $11.1M (-34% YoY); net loss $(0.8)M vs profit $2.0M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenues fell to $11.1M from $16.9M; average active PaperPie Brand Partners dropped to 12,400 from 16,400.","GAAP EPS lost ($0.10) vs $0.24 diluted EPS in prior-year quarter; YTD net loss ($3.9M).","CEO cites cost cuts: 50% space subleased, new freight carrier saved ~20% per shipment, Utah warehouse consolidated into Tulsa.","Signed Purchase Sale Agreement for Hilti Complex sale/leaseback expected to close by March 31, 2025; proceeds to repay bank debt.","Seventh amendment to credit agreement extends through April 4, 2025, to accommodate building sale close."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.47,"consensus_revenue_estimate":null,"consensus_revenue_actual":27554700.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":198824,"accession_number":"0001185185-24-001202","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-12-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"EDC schedules fiscal 2025 Q3 earnings call for January 13, 2025; no financial results released","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Earnings call on Monday, January 13, 2025, at 3:30 PM CT (4:30 PM ET).","Presenters: CEO Craig White, CSMO Heather Cobb, CFO Dan O’Keefe.","Dial-in: (800) 717-1738, Conference ID 64717.","Audio replay available at www.edcpub.com/investors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":198823,"accession_number":"0001185185-24-000968","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-10-10T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"EDUC reports Q2 revenue down 39% to $6.5M, net loss of $1.8M vs profit of $1.1M last year","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revs $6.5M (-39% YoY); net loss $(1.8)M vs profit $1.1M; diluted EPS $(0.22) vs $0.13.","Average active PaperPie Brand Partners 13,900 vs 18,100 (-23% YoY).","Year-to-date net revs $16.5M vs $25.1M; net loss $(3.1)M vs profit $0.2M; diluted EPS $(0.37) vs $0.02.","CEO: LOI to sell/lease back Hilti Complex; expect close by end of calendar year; proceeds to fully repay bank debt.","Cost reductions: leased ~50% warehouse space, switched freight carrier (20% cost savings), consolidated Utah warehouse."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":16502600.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":198822,"accession_number":"0001185185-24-000959","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-10-07T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"EDUC extends credit facility to Jan 2025; steps down to $5.5M, ties to HQ sale payoff","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Sixth Amendment to Credit Agreement with BOKF extends maturity to January 4, 2025.","Revolving Loan commitment reduced to $5.5 million effective November 30, 2024.","Sale of Hilti Complex headquarters to Partner Holdings expected to close by January 4, 2025.","Sale proceeds expected to fully repay revolver and term loans, eliminating debt and interest.","CEO Craig White expects favorable impact on profitability and cashflow post-sale."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214862,"accession_number":"0001185185-24-000909","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-09-23T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Educational Development Corp sells headquarters for $38.25M and enters 15-year leaseback","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sale price of $38.25M; proceeds to pay off Term Loans and Revolving Loan under Credit Agreement.","EDC will lease back 218,200 sq ft for 15 years at initial $8.52/sq ft with 2.5% annual escalations.","Existing Hilti tenant lease for 183,800 sq ft assigned to Buyer; EDC retains sublease for 110,000 sq ft to Crusoe Energy.","17 acres of undeveloped land excluded from sale; EDC retains ownership and grants Buyer right of first refusal.","Buyer has 75-day due diligence from Sep 19; closing expected 30 days after due diligence period."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214861,"accession_number":"0001185185-24-000898","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-09-19T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"EDUC schedules fiscal Q2 2025 earnings call for Oct 10, 2024","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Earnings call on Thursday, October 10, 2024 at 3:30 PM CT (4:30 PM ET).","CEO Craig White, CFO Dan O'Keefe, and CSMO Heather Cobb to present.","Dial-in: (800) 717-1738, Conference ID 47709.","Audio replays available at www.edcpub.com/investors after the event."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214860,"accession_number":"0001185185-24-000895","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-09-18T23:59:59+00:00","items":["1.02","9.01"],"status":"ready","headline":"EDC terminates sale-leaseback of Hilti Complex with Rockford Holdings","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Rockford notified EDC on Sept 12, 2024 it could not meet original purchase agreement; parties mutually terminated.","EDC is re-marketing its Tulsa headquarters and distribution warehouse after updating the offering memorandum.","Crusoe Energy Systems has leased ~25% of the office/warehouse space; this lease is included in marketing materials.","CEO White says proposed changes were not in stakeholders' best interest; company expects to find a new buyer soon."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214859,"accession_number":"0001185185-24-000781","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-08-12T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Educational Development Corp reports annual meeting voting results; directors reelected","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Stockholders reelected Craig M. White (4,683,888 for) and Dr. Kara Gae Neal (4,967,956 for) as Class II directors for three-year terms.","Ratified HoganTaylor LLP as independent auditor for FY ending Feb 28, 2025 (6,559,531 for, 19,976 against).","Advisory vote on executive compensation approved (5,066,150 for, 50,516 against, 40,279 abstain)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214858,"accession_number":"0001185185-24-000758","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-08-05T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"EDC extends inspection period for sale of Tulsa HQ/warehouse to Sep 4, 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment extends due diligence period from Aug 5 to Sep 4, 2024 for Hilti Complex sale.","Buyer Rockford Holdings; property at 5400-5402 S 122nd E Ave, Tulsa, OK.","Original real estate contract dated June 6, 2024; no other terms changed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214857,"accession_number":"0001185185-24-000682","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-07-11T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"EDC Q1 revenues down 31% to $10.0M; net loss expands; announces $35.5M sale/leaseback of Hilti Complex","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenues $10.0M (down 31% YoY); net loss $1.3M vs $0.9M; EPS loss $0.15.","Average active PaperPie Brand Partners fell to 13,400 from 23,200.","Signed $35.5M sale/leaseback of Hilti Complex; expects closing in 90 days; proceeds to repay borrowings.","Leased half of Hilti Complex to third party for ~$1.0M annual cashflow.","Post-sale $4.5M line of credit arranged; no dividends paid in Q1."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":9993400.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214856,"accession_number":"0001185185-24-000671","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-07-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"EDC schedules fiscal Q1 2025 earnings call for July 11, 2024","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Earnings call scheduled for Thursday, July 11, 2024 at 3:30 PM CT (4:30 PM ET).","Participants: CEO Craig White, CFO Dan O'Keefe, and CSMO Heather Cobb.","Phone access: (800) 717-1738, Conference ID 40168; replay available on edcpub.com/investors.","No financial results released in the filing; only call date and dial-in details."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214855,"accession_number":"0001185185-24-000669","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-07-01T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Educational Development Corp appoints Dr. Amy Emerson to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dr. Amy Emerson, a pediatrician and advocate for early literacy, appointed as Class II Director.","She will serve on Audit, Compensation and Governance Committees.","Appointment effective June 28, 2024; included in 2025 proxy ballot.","Emerson serves on Oklahoma Office of Juvenile Affairs board and supports Reach Out & Read and Dolly Parton Imagination Library."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234030,"accession_number":"0001185185-24-000636","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-06-17T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"EDUC executes Fifth Amendment to Credit Agreement, cuts revolver to $7M and ties further reduction to HQ sale","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Fifth Amendment effective May 31, 2024 sets max revolver availability to $7.0M through Oct 4, 2024.","Revolver will decrease to $4.5M upon closing of sale of Hilti Complex headquarters.","Sale contract with Rockford Holdings expected to close by September 12, 2024.","CEO Craig White says sale proceeds expected to fully pay off all Revolver and Term Loan borrowings.","Post-sale, $4.5M revolver line remains to support operations as company focuses on returning to profitability."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234029,"accession_number":"0001185185-24-000630","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-06-12T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"EDC sells headquarters for $35.5M, enters 10-year leaseback; proceeds to pay off bank loans","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sale price of Hilti Complex: $35,500,000; proceeds used to pay off Term Loans and Revolving Loan.","10-year triple-net lease at $8.72/sq ft initial, 2% annual escalations starting year six.","16.75 acres of undeveloped land adjacent retained by EDC.","Interest savings on reduced borrowings expected to exceed monthly rent, improving cash flow.","Closing 30 days after 60-day due diligence period; no financing contingency."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234028,"accession_number":"0001185185-24-000600","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-05-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Educational Development Corporation signs triple-net lease for 111,000 sq ft at Hilti Complex, starting July 1, 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Lease for approximately 111,000 sq ft of unused office/warehouse space at 5402 S 122nd E Ave, Tulsa, OK (Hilti Complex).","Initial 5-year term beginning July 1, 2024, with option to extend for an additional 5 years.","Initial rent $9.05/sq ft, with 3% annual escalations; tenant pays utilities, insurance, taxes, maintenance (roof/structure excluded).","President states leasing space improves financials and helps market the ongoing sale of the Hilti Complex.","Three long-term tenants now in the building, according to management."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234027,"accession_number":"0001185185-24-000575","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-05-21T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"EDC Q4 revenues fall 40% YoY to $9.0M; FY2024 net income of $0.5M vs prior loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2024 net revenues $51.0M, down 42% from $87.8M; net earnings $0.5M vs $(2.5M) loss.","Q4 net loss $(1.6M) vs $(1.9M) loss; diluted EPS $(0.19) vs $(0.24).","Average active PaperPie Brand Partners dropped to 15,500 from 26,100 in Q4; full-year 18,300 vs 28,000.","Inventory reduced $8.2M (to $55.6M); bank debt cut from $45.7M to $33.9M; $3.8M ERC and $4.9M building sale.","Headquarters building appraised at ~$40M; planned sale/leaseback to fully repay bank borrowings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234026,"accession_number":"0001185185-24-000453","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP","ticker":"EDUC","form_type":"8-K","filed_at":"2024-05-02T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Educational Development schedules FY2024 earnings call for May 21; annual meeting July 10","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Fiscal year 2024 earnings call on May 21, 2024 at 3:30 PM CT; CEO Craig White and CFO Dan O'Keefe to present.","Annual Shareholders Meeting set for July 10, 2024 at 10:00 AM CT in Tulsa, OK.","Record date for shareholder proxy vote is May 13, 2024; proxy materials to be mailed around May 31.","Conference call dial-in: (800) 717-1738, ID 57633; audio replay available on edcpub.com/investors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":12341478.35616438,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}