Educational Development Corporation Common Stock

Educational Development Corp. engages in the provision of educational children's books. The company is headquartered in Tulsa, Oklahoma and currently employs 83 full-time employees. The firm is the owner and publisher of Kane Miller Books (Kane Miller); Learning Wrap-Ups, maker of educational manipulatives; and SmartLab Toys, maker of STEAM-based toys and games. The company is also a distributor of Usborne Publishing Limited (Usborne) children’s books. Its segments include PaperPie and Publishing. The PaperPie segment markets its products through a network of independent brand partners using a combination of Internet sales, direct sales, home shows, and book fairs. The Publishing segment markets its products to retail accounts, which include books, school supplies, toy and gift stores, museums, trade and specialty wholesalers, through commissioned sales representatives, and its internal tele-sales group. This division also has in-house representatives marketing by telephone and email to other customers and potential customers.