JAKKS PACIFIC INC

For the period ended Mar 31, 2024. Filed May 8, 2024.

About 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, 2024 · Filed May 8, 2024

JAKK$36.39+2.3%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations and Comprehensive Income

(In thousands, except per share data)

	Three Months Ended March 31, (Unaudited)
	2024	2023
Net sales	$90,076	$107,484
Cost of sales:
Cost of goods	53,821	58,304
Royalty expense	13,776	16,654
Amortization of tools and molds	1,427	1,089
Cost of sales	69,024	76,047
Gross profit	21,052	31,437
Direct selling expenses	8,097	7,741
General and administrative expenses	34,192	27,994
Depreciation and amortization	87	102
Selling, general and administrative expenses	42,376	35,837
Loss from operations	(21,324)	(4,400)
Other income (expense), net	138	438
Change in fair value of preferred stock derivative liability	—	147
Interest income	376	117
Interest expense	(143)	(3,003)
Loss before benefit from income taxes	(20,953)	(6,701)
Benefit from income taxes	(6,728)	(1,383)
Net loss	(14,225)	(5,318)
Net income (loss) attributable to non-controlling interests	280	(5)
Net loss attributable to JAKKS Pacific, Inc.	$(14,505)	$(5,313)
Net loss attributable to common stockholders	$(13,175)	$(5,680)
Loss per share - basic and diluted	$(1.27)	$(0.58)
Shares used in loss per share - basic and diluted	10,354	9,871
Comprehensive loss	$(14,790)	$(4,986)
Comprehensive loss attributable to JAKKS Pacific, Inc.	$(15,070)	$(4,981)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.