{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-26-002865","form_type":"8-K","ticker":"EDUC","cik":"0000031667","company_name":"EDUCATIONAL DEVELOPMENT CORP","filed_at":"2026-07-09T20:00:30+00:00","discovered_at":"2026-07-09T20:01:00.758760+00:00","generated_at":"2026-07-09T20:01:05.803854+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":"EDC reports Q1 FY2027 net revenue down 33% to $4.8M; loss per share $(0.16)","bullets":["Net revenues $4.8M vs $7.1M prior year, a 33% decline.","Net loss $(1.4)M vs $(1.1)M; diluted loss per share $(0.16) vs $(0.13).","Average active PaperPie Brand Partners fell to 5,300 from 7,700.","Cash increased to $1.8M from $1.3M; cost reduction plan targets $1.2M in FY2027 G&A savings.","One-time $0.1M write-down on assets held for sale (legacy pick & pack system)."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-26-002865","json":"https://secwatch.observer/filing/0001185185-26-002865.json","markdown":"https://secwatch.observer/filing/0001185185-26-002865.md","text":"https://secwatch.observer/filing/0001185185-26-002865.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31667/000118518526002865/0001185185-26-002865-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31667/000118518526002865/educ8k070826.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-09T20:01:05.803854+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"}