2024 Q1 Form 10-Q Financial Statement

#000118518524000066 Filed on January 11, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2022 Q4
Revenue $8.968M $16.94M $30.27M
YoY Change -40.13% -44.02% -32.9%
Cost Of Revenue $3.408M $5.802M $11.04M
YoY Change -42.49% -47.45% -20.55%
Gross Profit $5.560M $11.14M $19.23M
YoY Change -38.59% -42.05% -38.4%
Gross Profit Margin 62.0% 65.76% 63.52%
Selling, General & Admin $7.605M $2.978M $5.397M
YoY Change -31.84% -44.82% -80.57%
% of Gross Profit 136.77% 26.73% 28.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $491.7K $625.5K $616.9K
YoY Change -24.85% 1.39% 3.77%
% of Gross Profit 8.84% 5.61% 3.21%
Operating Expenses $7.605M $12.08M $19.02M
YoY Change -31.84% -36.45% -31.56%
Operating Profit -$2.045M -$941.1K $212.7K
YoY Change -2.82% -542.45% -93.8%
Interest Expense -$556.0K $726.2K $600.6K
YoY Change -15.17% 20.91% -363.07%
% of Operating Profit 282.37%
Other Income/Expense, Net $386.8K $4.363M $389.1K
YoY Change 154.81% 1021.38% -2.94%
Pretax Income -$2.214M $2.696M $1.200K
YoY Change -15.11% 224566.67% -99.97%
Income Tax -$599.1K $723.9K $300.00
% Of Pretax Income 26.85% 25.0%
Net Earnings -$1.615M $1.972M $900.00
YoY Change -15.89% 219022.22% -99.97%
Net Earnings / Revenue -18.0% 11.64% 0.0%
Basic Earnings Per Share -$0.19 $0.24 $0.00
Diluted Earnings Per Share -$0.19 $0.24 $0.00
COMMON SHARES
Basic Shares Outstanding 8.571M shares 8.571M shares 8.685M shares
Diluted Shares Outstanding 8.266M shares 8.249M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $844.5K $3.141M $654.9K
YoY Change 22.55% 379.62% -27.77%
Cash & Equivalents $844.5K $3.141M $654.9K
Short-Term Investments
Other Short-Term Assets $19.34M $20.09M $1.607M
YoY Change 2125.33% 1150.28% 33.5%
Inventory $43.91M $48.23M $60.97M
Prepaid Expenses
Receivables $1.937M $1.845M $5.692M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $66.04M $73.31M $68.92M
YoY Change 3.91% 6.36% -9.4%
LONG-TERM ASSETS
Property, Plant & Equipment $8.940M $9.268M $29.67M
YoY Change -69.86% -68.76% -3.54%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $427.6K $2.226M $863.9K
YoY Change -64.73% 157.7% -61.32%
Total Long-Term Assets $24.07M $22.19M $33.83M
YoY Change -33.86% -34.4% 2.54%
TOTAL ASSETS
Total Short-Term Assets $66.04M $73.31M $68.92M
Total Long-Term Assets $24.07M $22.19M $33.83M
Total Assets $90.11M $95.50M $102.8M
YoY Change -9.84% -7.06% -5.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.910M $5.135M $3.929M
YoY Change 1.2% 30.71% -82.97%
Accrued Expenses $1.393M $1.286M $2.032M
YoY Change 17.07% -36.7% -42.92%
Deferred Revenue
YoY Change
Short-Term Debt $5.498M $4.998M $8.995M
YoY Change -48.3% -44.43% 197.89%
Long-Term Debt Due $1.800M $1.800M $1.800M
YoY Change -94.84% 0.0% -28.72%
Total Short-Term Liabilities $17.01M $20.16M $21.52M
YoY Change -68.56% -6.31% -45.17%
LONG-TERM LIABILITIES
Long-Term Debt $26.64M $27.08M $33.53M
YoY Change -19.25% 46.1%
Other Long-Term Liabilities $111.0K $1.140M $373.4K
YoY Change -81.08% 205.38% 35.29%
Total Long-Term Liabilities $26.75M $28.22M $33.91M
YoY Change 4458.91% -16.77% 45.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.01M $20.16M $21.52M
Total Long-Term Liabilities $26.75M $28.22M $33.91M
Total Liabilities $44.65M $48.38M $55.87M
YoY Change -18.37% -13.4% -10.58%
SHAREHOLDERS EQUITY
Retained Earnings $42.57M $44.18M $43.94M
YoY Change 1.3% 0.55%
Common Stock $15.95M $16.00M $15.47M
YoY Change 1.35% 3.48%
Preferred Stock
YoY Change
Treasury Stock (at cost) $12.52M
YoY Change
Treasury Stock Shares
Shareholders Equity $45.45M $47.12M $46.88M
YoY Change
Total Liabilities & Shareholders Equity $90.11M $95.50M $102.8M
YoY Change -9.84% -7.06% -5.79%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2022 Q4
OPERATING ACTIVITIES
Net Income -$1.615M $1.972M $900.00
YoY Change -15.89% 219022.22% -99.97%
Depreciation, Depletion And Amortization $491.7K $625.5K $616.9K
YoY Change -24.85% 1.39% 3.77%
Cash From Operating Activities -$2.868M $6.899M $4.333M
YoY Change 344.54% 59.23% -14.12%
INVESTING ACTIVITIES
Capital Expenditures $146.6K $125.2K -$991.2K
YoY Change -71.29% -112.63% 460.32%
Acquisitions
YoY Change
Other Investing Activities $700.00 $4.778M
YoY Change
Cash From Investing Activities -$145.9K $4.653M -$991.2K
YoY Change -71.43% -569.43% 460.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 50.00K -9.869M -3.519M
YoY Change -95.8% 180.46% -27.93%
NET CHANGE
Cash From Operating Activities -2.868M 6.899M 4.333M
Cash From Investing Activities -145.9K 4.653M -991.2K
Cash From Financing Activities 50.00K -9.869M -3.519M
Net Change In Cash -2.964M 1.682M -177.6K
YoY Change -8766.96% -1047.3% 1124.83%
FREE CASH FLOW
Cash From Operating Activities -$2.868M $6.899M $4.333M
Capital Expenditures $146.6K $125.2K -$991.2K
Free Cash Flow -$3.015M $6.774M $5.324M
YoY Change 160.84% 27.23% 1.95%

Facts In Submission

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CY2023Q4 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
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CY2023Q4 us-gaap Net Income Loss
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CY2023Q4 us-gaap Stockholders Equity
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CY2022Q2 us-gaap Stock Issued During Period Value Treasury Stock Reissued
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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261600 usd
CY2022Q2 us-gaap Net Income Loss
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CY2022Q2 us-gaap Stockholders Equity
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CY2022Q3 us-gaap Net Income Loss
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CY2022Q3 us-gaap Stockholders Equity
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258800 usd
CY2022Q4 us-gaap Net Income Loss
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CY2022Q4 us-gaap Stockholders Equity
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Other Losses
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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us-gaap Increase Decrease In Deferred Revenue
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us-gaap Increase Decrease In Deferred Revenue
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us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Proceeds From Sale Of Productive Assets
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us-gaap Payments To Acquire Productive Assets
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Repayments Of Long Term Debt
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Proceeds From Issuance Of Debt
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us-gaap Proceeds From Sale Of Treasury Stock
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us-gaap Proceeds From Repayments Of Lines Of Credit
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us-gaap Payments Of Dividends
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us-gaap Payments Of Dividends
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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3552400 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
361200 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4241500 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Interest Paid Net
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us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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us-gaap Income Taxes Paid Net
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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b><i>Use of Estimates in the Preparation of Financial Statements</i></b></p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;">The preparation of the Unaudited Condensed Financial Statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in these financial statements and accompanying notes. Actual results could differ from those estimates.</p>
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2023Q4 us-gaap Restricted Cash
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CY2022Q4 us-gaap Restricted Cash
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023Q4 us-gaap Proceeds From Sale Of Property Held For Sale
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5100000 usd
CY2023Q4 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2023Q4 us-gaap Lessee Operating Lease Remaining Lease Term
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CY2023Q4 us-gaap Area Of Land
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CY2023Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
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CY2023Q1 us-gaap Other Inventory In Transit
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CY2023Q4 us-gaap Operating Lease Right Of Use Asset
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1792100 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2023Q4 us-gaap Operating Lease Liability Current
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762800 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
347800 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
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1029300 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
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475800 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0401 pure
CY2023Q4 us-gaap Operating Lease Cost
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152000 usd
CY2022Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
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us-gaap Operating Lease Cost
OperatingLeaseCost
363600 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
200400 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
600200 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
397300 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1933700 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
141600 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1792100 usd
CY2023Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
152000 usd
CY2022Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
23200 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
363600 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
73500 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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398000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
1547100 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
1524300 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
1554800 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
1585900 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
4950400 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
11560500 usd
CY2023Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
10637900 usd
CY2023Q1 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
10637900 usd
CY2023Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
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CY2023Q1 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
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CY2023Q4 us-gaap Line Of Credit
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CY2023Q1 us-gaap Line Of Credit
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CY2023Q4 us-gaap Long Term Debt
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CY2023Q1 us-gaap Long Term Debt
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CY2023Q4 us-gaap Long Term Debt Current
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CY2023Q1 us-gaap Long Term Debt Current
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CY2023Q4 us-gaap Deferred Finance Costs Noncurrent Net
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171500 usd
CY2023Q1 us-gaap Deferred Finance Costs Noncurrent Net
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205100 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
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CY2023Q1 us-gaap Long Term Debt Noncurrent
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CY2023Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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CY2023Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
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us-gaap Line Of Credit Facility Maximum Monthend Outstanding Amount
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5000000 usd
CY2023Q4 us-gaap Line Of Credit Facility Current Borrowing Capacity
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1900 usd
CY2023Q3 us-gaap Debt Instrument Maturity Date
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2027-08-09
CY2023Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
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0.0708 pure
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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450000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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1800000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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1800000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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1800000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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23200900 usd
CY2023Q4 us-gaap Long Term Debt
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CY2023Q4 us-gaap Income Tax Credits And Adjustments
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CY2022Q4 us-gaap Income Tax Credits And Adjustments
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us-gaap Income Tax Credits And Adjustments
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us-gaap Income Tax Credits And Adjustments
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CY2023Q4 us-gaap Gain Loss On Sale Of Other Assets
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3970600 usd
CY2022Q4 us-gaap Gain Loss On Sale Of Other Assets
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us-gaap Gain Loss On Sale Of Other Assets
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4017100 usd
us-gaap Gain Loss On Sale Of Other Assets
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CY2023Q4 us-gaap Rental Income Nonoperating
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386000 usd
CY2022Q4 us-gaap Rental Income Nonoperating
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389100 usd
us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
1158000 usd
us-gaap Rental Income Nonoperating
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1158000 usd
CY2023Q4 us-gaap Other Nonoperating Income
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CY2022Q4 us-gaap Other Nonoperating Income
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CY2023Q4 us-gaap Other Nonoperating Income Expense
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CY2022Q4 us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
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1175600 usd
CY2023Q4 us-gaap Taxes Payable Current And Noncurrent
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1041600 usd
CY2023Q4 us-gaap Gain Contingency Unrecorded Amount
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1000000 usd
CY2023Q4 us-gaap Payments For Purchase Of Other Assets1
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CY2022Q4 us-gaap Payments For Purchase Of Other Assets1
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6738100 usd
us-gaap Payments For Purchase Of Other Assets1
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us-gaap Payments For Purchase Of Other Assets1
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CY2023Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
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1972100 usd
CY2022Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
900 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2161000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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8266032 shares
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
CY2022Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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190720 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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6207 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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8266032 shares
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8249069 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023Q4 us-gaap Earnings Per Share Basic
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0.24
CY2022Q4 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
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CY2023Q4 us-gaap Earnings Per Share Diluted
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0.24
CY2022Q4 us-gaap Earnings Per Share Diluted
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0
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.26
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2023Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0 shares
CY2022Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
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18000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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18000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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2.08
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CY2023Q4 us-gaap Allocated Share Based Compensation Expense
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CY2022Q4 us-gaap Allocated Share Based Compensation Expense
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us-gaap Allocated Share Based Compensation Expense
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288500 usd
us-gaap Allocated Share Based Compensation Expense
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CY2023Q4 educ Reduction Of Expense For Forfeitures
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CY2022Q4 educ Reduction Of Expense For Forfeitures
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educ Reduction Of Expense For Forfeitures
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educ Reduction Of Expense For Forfeitures
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141900 usd
CY2023Q4 us-gaap Restricted Stock Expense
RestrictedStockExpense
94900 usd
CY2022Q4 us-gaap Restricted Stock Expense
RestrictedStockExpense
258800 usd
us-gaap Restricted Stock Expense
RestrictedStockExpense
270700 usd
us-gaap Restricted Stock Expense
RestrictedStockExpense
640100 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
297000 shares
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
6.04
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
0 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
4000 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
6.04
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
293000 shares
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
6.04
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 pure
CY2023Q4 us-gaap Revenues
Revenues
16944800 usd
CY2022Q4 us-gaap Revenues
Revenues
30269400 usd
us-gaap Revenues
Revenues
42061800 usd
us-gaap Revenues
Revenues
72848700 usd
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2696000 usd
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1200 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2948200 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-819200 usd
CY2023Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
17562500 usd
CY2023Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
40019200 usd
us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
2094300 usd
CY2023 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
602700 usd
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--02-28
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Entity Central Index Key
EntityCentralIndexKey
0000031667

Files In Submission

Name View Source Status
educ-20231130_cal.xml Edgar Link unprocessable
educ-20231130_lab.xml Edgar Link unprocessable
educ-20231130_pre.xml Edgar Link unprocessable
0001185185-24-000066-index-headers.html Edgar Link pending
0001185185-24-000066-index.html Edgar Link pending
0001185185-24-000066.txt Edgar Link pending
0001185185-24-000066-xbrl.zip Edgar Link pending
edc20231130_10q.htm Edgar Link pending
educ-20231130.xsd Edgar Link pending
ex_614256.htm Edgar Link pending
ex_614258.htm Edgar Link pending
ex_614259.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
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educ-20231130_def.xml Edgar Link unprocessable
edc20231130_10q_htm.xml Edgar Link completed
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report.css Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable