Home / Going-concern warnings / EDUCATIONAL DEVELOPMENT CORP
Filed 2026-01-13 路 Form 10-Q 路 Accession 0001185185-26-000136 nano
Price before filing: $1.42 (2026-01-12 close, split/dividend-adjusted)
Market cap at flag: $12.3M (2026-01-13) 路 Latest: $8.9M (2026-10-16)
| Window | EDUC | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -2.8% | -2.0% | -0.8% | 2026-02-12 |
| 90 days | -4.9% | -1.0% | -3.9% | 2026-04-13 |
| 180 days | +4.2% | +8.3% | -4.1% | 2026-07-13 |
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.
90 days before the flag: 7 insiders bought $20K (7 purchases, 3 without a usable price)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-10-15 | Emerson Amy Director | Purchase | 4,000 | $1.26 | $5K | no | Form 4 |
| 2025-10-15 | Hooser Steven G Director | Purchase | 4,000 | $1.26 | $5K | no | Form 4 |
| 2025-10-15 | NEAL KARA GAE Director | Purchase | 4,000 | $1.26 | $5K | no | Form 4 |
| 2025-10-15 | Stoots Bradely Von Director | Purchase | 4,000 | $1.26 | $5K | no | Form 4 |
| 2025-11-14 | Cobb Heather N. CHIEF SALES & MKTG OFFICER | Purchase | 18,158 | n/a | n/a | no | Form 4 |
| 2025-11-14 | O Keefe Daniel E CHIEF FINANCIAL OFFICER | Purchase | 9,407 | n/a | n/a | no | Form 4 |
| 2025-11-14 | White Craig M CHIEF EXECUTIVE OFFICER, Director | Purchase | 33,029 | n/a | n/a | no | Form 4 |
| 2026-01-13: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-10-15 to 2026-02-12. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"However, the Company's continued recurring operating losses 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 2025-11-30)
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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