EDUCATIONAL DEVELOPMENT CORP

Going concern Filing comparison 2026-07-09

EDUCATIONAL DEVELOPMENT CORP no longer discloses a going-concern conclusion

Substantial doubt raised, alleviated by management's plans → No going-concern disclosure

Evidence

Blank check: No
Comparable: Yes
Current state: none
Current state label: No going-concern disclosure
Direction: eased
Prior filed: 2026-01-13
Prior form: 10-Q
Prior state: doubt_alleviated
Prior state label: Substantial doubt raised, alleviated by management's plans
Source: ASC 205-40 going-concern note comparison
Why: Disclosure about the company's ability to continue as a going concern changed compared with its previous report.

Going concern Filing comparison 2026-05-19

EDUCATIONAL DEVELOPMENT CORP said management's plans alleviate substantial doubt about going concern

Substantial doubt about ability to continue as a going concern → Substantial doubt raised, alleviated by management's plans

Actual results could differ from these estimates. Liquidity—In accordance with ASC 205-40, Going Concern, the Company has evaluated whether there are conditions and events considered in the aggregate that raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the financial statements are issued. Determining the extent to which conditions or events raises substantial doubt about our ability to continue as a going concern and the extent to which mitigating plans sufficiently alleviate any such substantial doubt requires significant…

Evidence

Blank check: No
Comparable: Yes
Current state: doubt_alleviated
Current state label: Substantial doubt raised, alleviated by management's plans
Direction: eased
Located in: filing body
Prior filed: 2025-05-19
Prior form: 10-K
Prior state: substantial_doubt
Prior state label: Substantial doubt about ability to continue as a going concern
Source: ASC 205-40 going-concern note comparison
Why: Disclosure about the company's ability to continue as a going concern changed compared with its previous report.

Source filing ↗ Prior filing ↗