Dolphin Entertainment, Inc.
For the period ended Mar 31, 2026. Filed May 12, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 12, 2026
DLPN$0.93+3.5%Stored close · as of Nov 6, 2026
Contents
Condensed Consolidated Balance Sheets as of March 31, 2026 and December 31, 2025 (unaudited)
| March 31, 2026 | December 31, 2025 | |
|---|---|---|
| ASSETS | ||
| Current | ||
| Cash and cash equivalents | $6,283,857 | $8,756,585 |
| Restricted cash | 925,004 | 925,004 |
| Accounts receivable: | ||
| Trade, net of allowance of $449,279 and $1,327,808, respectively | 6,952,004 | 7,848,970 |
| Other receivables | 4,384,663 | 5,243,931 |
| Other current assets | 1,201,594 | 1,179,498 |
| Total current assets | 19,747,122 | 23,953,988 |
| Capitalized production costs, net | 542,305 | 520,338 |
| Employee receivable | 1,228,085 | 1,196,085 |
| Right-of-use assets | 2,630,279 | 3,012,941 |
| Goodwill | 21,507,944 | 21,507,944 |
| Intangible assets, net | 7,375,731 | 7,898,607 |
| Property, equipment and leasehold improvements, net | 38,410 | 50,961 |
| Other long-term assets | 198,296 | 189,296 |
| Total Assets | $53,268,172 | $58,330,160 |
(Continued)
The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.
CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED)
| March 31, 2026 | December 31, 2025 | |
|---|---|---|
| LIABILITIES | ||
| Current | ||
| Accounts payable | $2,415,858 | $3,096,715 |
| Term loans, current portion | 1,852,548 | 1,813,760 |
| Revolving line of credit | 400,000 | 400,000 |
| Notes payable, current portion | 3,500,000 | 3,500,000 |
| Convertible notes payable, current portion | 1,550,000 | 1,250,000 |
| Accrued interest – related party | 2,163,116 | 2,043,087 |
| Accrued compensation – related party | 2,625,000 | 2,625,000 |
| Lease liabilities, current portion | 1,671,364 | 1,912,482 |
| Deferred revenue | 953,969 | 794,177 |
| Other current liabilities | 10,010,068 | 11,096,820 |
| Total current liabilities | 27,141,923 | 28,532,041 |
| Noncurrent | ||
| Term loans, noncurrent portion | 2,502,601 | 2,976,930 |
| Notes payable, noncurrent portion | 4,580,000 | 4,580,000 |
| Convertible notes payable | 5,900,000 | 6,460,000 |
| Convertible notes payable– related party | 2,839,556 | 2,904,357 |
| Convertible notes payable at fair value | 260,000 | 270,000 |
| Loans from related party | 983,112 | 983,112 |
| Lease liabilities | 1,271,028 | 1,469,386 |
| Deferred tax liability | 481,561 | 463,909 |
| Total Liabilities | 45,959,781 | 48,639,735 |
| Commitments and contingencies (Note 12) | ||
| STOCKHOLDERS’ EQUITY | ||
| Preferred Stock, Series C, $0.001 par value, 50,000 shares authorized, 50,000 shares issued and outstanding at March 31, 2026 and December 31, 2025 | 1,000 | 1,000 |
| Common stock, $0.015 par value, 200,000,000 shares authorized, 12,513,104 and 12,221,432 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively | 187,697 | 183,321 |
| Additional paid-in capital | 159,114,925 | 158,809,301 |
| Accumulated deficit | (151,995,231) | (149,303,197) |
| Total Stockholders’ Equity | 7,308,391 | 9,690,425 |
| Total Liabilities and Stockholders’ Equity | $53,268,172 | $58,330,160 |
The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.
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