SEC Comment Letter 0000000000-24-011432 to EDUCATIONAL DEVELOPMENT CORP (EDUC)
EDUCATIONAL DEVELOPMENT CORP
Date: Oct. 9, 2024 · CIK: 0000031667 · Accession: 0000000000-24-011432
AI Filing Summary & Sentiment
File numbers found in text: 000-04957
Letter
October 9, 2024 Dan O'Keefe Chief Financial Officer and Corporate Secretary Educational Development Corporation 5402 South 122nd East Avenue Tulsa, OK 74146 Re:Educational Development Corporation Form 10-K for Fiscal Year Ended February 29, 2024 Response dated October 1, 2024 File No. 000-04957 Dear Dan O'Keefe: We have reviewed your October 1, 2024 response to our comment letter and have the following comment(s). Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our September 18, 2024 letter. Form 10-K for Fiscal Year Ended February 29, 2024 Financial Statements Statements of Operations, page 29 1.We read your response to prior comment 1. Please revise the title used for the revenues, net of discounts and allowances line item to distinguish it from the net revenues line item. If the first line item mentioned is product revenues, net of discounts and allowances, or another type of revenues, revise the title accordingly.
October 9, 2024 Page 2 Please contact Blaise Rhodes at 202-551-3774 or Rufus Decker at 202-551-3769 if you have any questions. Sincerely, Division of Corporation Finance Office of Trade & Services
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October 9, 2024
Dan O'Keefe
Chief Financial Officer and Corporate Secretary
Educational Development Corporation
5402 South 122nd East Avenue
Tulsa, OK 74146
Re:Educational Development Corporation
Form 10-K for Fiscal Year Ended February 29, 2024
Response dated October 1, 2024
File No. 000-04957
Dear Dan O'Keefe:
We have reviewed your October 1, 2024 response to our comment letter and have the
following comment(s).
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments.
Unless we note otherwise, any references to prior comments are to comments in
our September 18, 2024 letter.
Form 10-K for Fiscal Year Ended February 29, 2024
Financial Statements
Statements of Operations, page 29
1.We read your response to prior comment 1. Please revise the title used for the
revenues, net of discounts and allowances line item to distinguish it from the net
revenues line item. If the first line item mentioned is product revenues, net of
discounts and allowances, or another type of revenues, revise the title accordingly.
October 9, 2024
Page 2
Please contact Blaise Rhodes at 202-551-3774 or Rufus Decker at 202-551-3769 if
you have any questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services