{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-25-001411","form_type":"8-K","ticker":"EDUC","cik":"0000031667","company_name":"EDUCATIONAL DEVELOPMENT CORP","filed_at":"2025-10-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.699199+00:00","generated_at":"2026-05-17T04:15:34.157436+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":"EDUC Q2 revenue down 29% to $4.6M; net loss narrows to $(0.15)/share","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-25-001411","json":"https://secwatch.observer/filing/0001185185-25-001411.json","markdown":"https://secwatch.observer/filing/0001185185-25-001411.md","text":"https://secwatch.observer/filing/0001185185-25-001411.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31667/000118518525001411/0001185185-25-001411-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31667/000118518525001411/educ8k100825.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:15:34.157436+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"}