Dr. Amy Emerson
the Board approved Dr. Amy Emerson as a Class III Director
Highest-materiality recent filing
EDC fiscal Q4 net loss $3.1M; full-year net income $2.3M after $12.2M building sale gain
Net revenues FY2026 $22.9M vs $34.2M prior year; Q4 revenues $4.2M vs $6.6M.
EDC sets FY2026 earnings call for May 19 and annual meeting for July 8, 2026
Earnings call: May 19, 2026, 3:30 PM CT (4:30 PM ET); dial-in (800) 717-1738, ID 58335.
Educational Development enters $2M revolving credit facility with Regent Bank
Revolving loan up to $2M with 1-year maturity to March 6, 2027.
EDC Q3 revenue $7.0M, net income $7.8M includes $12.2M building sale gain; cash $3.4M
Net revenues fell 37% YoY to $7.0M; avg. active PaperPie Brand Partners dropped to 5,100 from 12,400.
EDC schedules fiscal Q3 2026 earnings call for Jan 8, 2026
Earnings call to be held Thursday, January 8, 2026 at 3:30 PM CT (4:30 PM ET).
Educational Development Corp sells HQ for $32.2M, repays $30M bank debt, enters sale-leaseback
Sale of Hilti Complex for $32.2M to 10Mark 10K Industrial; proceeds repaid all BOKF debt (~$30M).
EDUC Q2 revenue down 29% to $4.6M; net loss narrows to $(0.15)/share
Net revenues $4.6M vs $6.5M YoY; PaperPie Brand Partners fell to 5,800 avg from 13,900.
EDC sells Hilti Complex for $32.2M; buyer proceeds, closing within 45 days
Purchase price reduced to $32.2M; buyer's notice to proceed waives escrow.
Educational Development Corporation sets Q2 fiscal 2026 earnings call for October 9, 2025
Earnings call scheduled for October 9, 2025 at 3:30 PM CT (4:30 PM ET).
EDC sells headquarters for $32.5M in sale-leaseback to repay bank debt
Sale price $32.5M for 402,000 sq ft complex; proceeds to pay off Term Loans and Revolving Loan from bank.
Educational Development extends revolving credit maturity to September 19, 2025
Executed Ninth Amendment with BOKF, NA; effective July 11, 2025.
EDC terminates sale-leaseback of Hilti Complex after buyer backs out
TG OTC, LLC terminated the purchase agreement for EDC's HQ and warehouse on July 28, 2025, after due diligence.
EDUC shareholders elect Dr. Amy N. Emerson as director, ratify auditor
Dr. Amy N. Emerson elected Class III director (3-yr term) with 5,074,815 for, 89,861 withheld, 1,360,847 broker non-votes.
Educational Development Q1 net revenue down 29% to $7.1M; net loss narrows to $1.1M
Net revenues $7.1M vs $10.0M in prior-year Q1; net loss $1.1M vs $1.3M.
EDC extends due diligence on Tulsa HQ sale to Sep 11, 2025; closing timeline shortened
Amendment to real estate contract with TG OTC, LLC for Hilti Complex dated June 26, 2025.
Educational Development schedules Q1 FY2026 earnings call for July 7, 2025
Fiscal Q1 2026 earnings call set for Monday, July 7, 2025 at 3:30 PM CT (4:30 PM ET).
Educational Development Corp signs $35.15M sale-leaseback for HQ; reports FY2025 net loss of $5.3M
Executed Purchase and Sale Agreement with TG OTC, LLC for Hilti Complex at $35.15M; proceeds to fully pay down all bank debts. Expected close by early September 2025.
Educational Development Corporation moves FY2025 earnings call to May 19, 2025
Earnings call rescheduled to Monday, May 19, 2025 at 3:30 PM CT (4:30 PM ET).
EDC sets FY2025 earnings call for May 21 and annual meeting for July 2
Earnings call on May 21, 2025 at 3:30 PM CT; CEO Craig White and CFO Dan O'Keefe will present.
EDC secures 8th amendment to credit agreement with BOKF; extends loans to July/Sept 2025
Revolving loan maturity extended to July 11, 2025; balance to step down to $4.5M by May 31, 2025.
EDC engages Keen-Summit to market sale of Hilti Complex HQ and warehouse
Brokerage agreement signed March 21, 2025 with Keen-Summit Capital Partners to market the Hilti Complex for nine months.
Buyer seeks 30-day due diligence extension for EDC's headquarters sale
On Jan 21, 2025, Partner Holdings requested to extend due diligence period on EDC's headquarters sale.
Chairman Randall White resigns; CEO Craig White appointed Chairman
Randall White resigned as Chairman and Director effective Jan 8, 2025; no disagreements with management or accounting.
EDC Q3 FY2025 revenue $11.1M (-34% YoY); net loss $(0.8)M vs profit $2.0M
Net revenues fell to $11.1M from $16.9M; average active PaperPie Brand Partners dropped to 12,400 from 16,400.
EDC schedules fiscal 2025 Q3 earnings call for January 13, 2025; no financial results released
Earnings call on Monday, January 13, 2025, at 3:30 PM CT (4:30 PM ET).
EDUC reports Q2 revenue down 39% to $6.5M, net loss of $1.8M vs profit of $1.1M last year
Net revs $6.5M (-39% YoY); net loss $(1.8)M vs profit $1.1M; diluted EPS $(0.22) vs $0.13.
EDUC extends credit facility to Jan 2025; steps down to $5.5M, ties to HQ sale payoff
Sixth Amendment to Credit Agreement with BOKF extends maturity to January 4, 2025.
Educational Development Corp sells headquarters for $38.25M and enters 15-year leaseback
Sale price of $38.25M; proceeds to pay off Term Loans and Revolving Loan under Credit Agreement.
EDUC schedules fiscal Q2 2025 earnings call for Oct 10, 2024
Earnings call on Thursday, October 10, 2024 at 3:30 PM CT (4:30 PM ET).
EDC terminates sale-leaseback of Hilti Complex with Rockford Holdings
Rockford notified EDC on Sept 12, 2024 it could not meet original purchase agreement; parties mutually terminated.
Educational Development Corp reports annual meeting voting results; directors reelected
Stockholders reelected Craig M. White (4,683,888 for) and Dr. Kara Gae Neal (4,967,956 for) as Class II directors for three-year terms.
EDC extends inspection period for sale of Tulsa HQ/warehouse to Sep 4, 2024
Amendment extends due diligence period from Aug 5 to Sep 4, 2024 for Hilti Complex sale.
Net revenues $10.0M (down 31% YoY); net loss $1.3M vs $0.9M; EPS loss $0.15.
EDC schedules fiscal Q1 2025 earnings call for July 11, 2024
Earnings call scheduled for Thursday, July 11, 2024 at 3:30 PM CT (4:30 PM ET).
Educational Development Corp appoints Dr. Amy Emerson to Board of Directors
Dr. Amy Emerson, a pediatrician and advocate for early literacy, appointed as Class II Director.
Fifth Amendment effective May 31, 2024 sets max revolver availability to $7.0M through Oct 4, 2024.
EDC sells headquarters for $35.5M, enters 10-year leaseback; proceeds to pay off bank loans
Sale price of Hilti Complex: $35,500,000; proceeds used to pay off Term Loans and Revolving Loan.
Lease for approximately 111,000 sq ft of unused office/warehouse space at 5402 S 122nd E Ave, Tulsa, OK (Hilti Complex).
EDC Q4 revenues fall 40% YoY to $9.0M; FY2024 net income of $0.5M vs prior loss
FY2024 net revenues $51.0M, down 42% from $87.8M; net earnings $0.5M vs $(2.5M) loss.
Educational Development schedules FY2024 earnings call for May 21; annual meeting July 10
Fiscal year 2024 earnings call on May 21, 2024 at 3:30 PM CT; CEO Craig White and CFO Dan O'Keefe to present.
the Board approved Dr. Amy Emerson as a Class III Director
On May 14, 2025 the Board of Directors of the Company unanimously approved adding Steven Hooser to the Company’s Board of Directors.
On January 8, 2025, the Board unanimously voted Craig White, Chief Executive Officer and President to fill the vacant Chairman position.
On January 8, 2025, at its regularly scheduled quarterly board meeting, the Board was presented notice of Randall White’s resignation from acting Director and Chairman of the Board “Chairman,” effective January 8, 2025.
On June 28, 2024 the Board of Directors of the Company unanimously approved adding Dr. Amy Emerson to the Company’s Board of Directors.
Max materiality 0.85 · Median 0.55 · Most common event other_material