Educational Development Corporation $(EDUC)$, a publisher specializing in children's books and educational products, has announced its financial results for the fiscal first quarter ending May 31, 2025. The company reported net revenues of $7.1 million, a decline from the $10.0 million recorded in the same quarter the previous year. The net loss for the quarter was $1.1 million, an improvement over the $1.3 million net loss in the prior year. The company experienced a decrease in average active PaperPie Brand Partners, totaling 7,700 compared to 13,400 in the previous year. Loss before income taxes was $1.4 million, which is an improvement from the $1.7 million loss reported in the prior year. Craig White, CEO, remarked on the company's strategy to increase cash by running several product discount promotions, which reduced gross margins. The focus was on turning excess inventory faster to pay down debts and meet lender requirements. The company is also optimistic about further cost reductions. Additionally, the sale of the Hilti Complex is expected to fully retire outstanding debt balances, enabling EDC to purchase new titles and support its Brand Partners. The company anticipates limited borrowing needs moving forward.