Home / Going-concern warnings / EDUCATIONAL DEVELOPMENT CORP
Filed 2025-07-07 路 Form 10-Q 路 Accession 0001185185-25-000732 nano
Price before filing: $1.33 (2025-07-03 close, split/dividend-adjusted)
Market cap at flag: $11.6M (2025-07-07) 路 Latest: $8.9M (2026-10-16)
| Window | EDUC | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -0.8% | +1.2% | -1.9% | 2025-08-06 |
| 90 days | +4.5% | +7.7% | -3.2% | 2025-10-06 |
| 180 days | +3.8% | +10.6% | -6.8% | 2026-01-05 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
"However, such assumptions are inherently uncertain, and actual results could differ materially from those estimates. 9 Table of Contents The short-term duration of the revolving and Term Loans and uncertainty of the bank's ongoing support beyond July 11, 2025, along with recurring operating losses and other items, raise substantial doubt over the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-05-31)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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