{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-26-004750","form_type":"8-K","ticker":"EDUC","cik":"0000031667","company_name":"EDUCATIONAL DEVELOPMENT CORP","filed_at":"2026-10-14T20:00:21+00:00","discovered_at":"2026-10-14T20:01:00.138189+00:00","generated_at":"2026-10-14T20:01:04.154818+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"EDUC fiscal Q2 revenue falls to $4.1M; net loss widens to $1.6M, EPS loss $0.19","bullets":["Q2 net revenues $4,070,300 vs $4,621,100 a year earlier; loss before income taxes narrowed to $(1,561,600) from $(1,750,200).","Net loss $1,578,100 vs $1,294,700; diluted loss per share $(0.19) vs $(0.15); no deferred tax asset recognized on pre-tax losses.","Year-to-date net revenues $8,826,100 vs $11,727,500; YTD net loss $2,973,700 vs $2,369,900; YTD EPS loss $(0.35) vs $(0.28).","Average active PaperPie Brand Partners 5,100 in Q2 vs 5,800 prior year; active partners up over 19% in H1, from 4,300 to 5,100.","Cash $1.2M at Aug 31 vs $1.3M at end of February; cost plan to cut G&A by over $1.2M; $100,000 write-down on assets held for sale."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-26-004750","json":"https://secwatch.observer/filing/0001185185-26-004750.json","markdown":"https://secwatch.observer/filing/0001185185-26-004750.md","text":"https://secwatch.observer/filing/0001185185-26-004750.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31667/000118518526004750/0001185185-26-004750-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31667/000118518526004750/educ8k101426.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-14T20:01:04.154818+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"}