Educational Development Corporation $(EDUC)$ reported its financial results for the fiscal fourth quarter and fiscal year ending February 28, 2025. The company's net revenues for the fiscal year were $34.2 million, a decline from $51.0 million in the prior year. For the fourth quarter, net revenues decreased to $6.6 million compared to $9.0 million in the same quarter of the previous year. The company reported a net loss of $5.3 million for the fiscal year, compared to a net income of $546,400 in the prior year. The loss before income taxes for the fiscal year totaled $6.9 million, in contrast to a gain of $734,500 reported in the previous year. In a significant business update, EDC announced the execution of a Purchase Sale Agreement with TG OTC, LLC. Under this agreement, EDC will retain ownership of 17 acres of excess land following the sale. The proceeds from this transaction are expected to be used to fully pay down debts and provide ongoing operational liquidity. The transaction is anticipated to close by early September, following a 90-day due diligence period by TG OTC, LLC.