secwatch.observer — SEC 8-K summary
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Issuer:     EDUCATIONAL DEVELOPMENT CORP (EDUC)
CIK:        0000031667
Form:       8-K
Filed at:   2026-10-14T20:00:21+00:00
Accession:  0001185185-26-004750
Event type: earnings
Sentiment:  negative
Materiality: 0.50
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

EDUC fiscal Q2 revenue falls to $4.1M; net loss widens to $1.6M, EPS loss $0.19
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/31667/000118518526004750/0001185185-26-004750-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/31667/000118518526004750/educ8k101426.htm
  HTML page:      https://secwatch.observer/filing/0001185185-26-004750

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