{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-25-000730","form_type":"8-K","ticker":"EDUC","cik":"0000031667","company_name":"EDUCATIONAL DEVELOPMENT CORP","filed_at":"2025-07-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.036626+00:00","generated_at":"2026-05-18T09:22:59.096108+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Educational Development Q1 net revenue down 29% to $7.1M; net loss narrows to $1.1M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-25-000730","json":"https://secwatch.observer/filing/0001185185-25-000730.json","markdown":"https://secwatch.observer/filing/0001185185-25-000730.md","text":"https://secwatch.observer/filing/0001185185-25-000730.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31667/000118518525000730/0001185185-25-000730-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31667/000118518525000730/educ8k070325.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:22:59.096108+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}