Kartoon Studios, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
TOON$0.51+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except share and per share data)
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenues: | ||
| Production Services | $17,850 | $26,799 |
| Content Distribution | 9,607 | 11,698 |
| Licensing and Royalties | 298 | 649 |
| Media Advisory and Advertising Services | 4,836 | 4,939 |
| Total Revenues | 32,591 | 44,085 |
| Operating Expenses: | ||
| Marketing and Sales | 1,243 | 2,651 |
| Direct Operating Costs | 23,134 | 40,399 |
| General and Administrative | 25,210 | 35,324 |
| Impairment of Property and Equipment | – | 134 |
| Impairment of Intangible Assets | – | 4,413 |
| Impairment of Goodwill | – | 33,534 |
| Total Operating Expenses | 49,587 | 116,455 |
| Loss from Operations | (16,996) | (72,370) |
| Interest Expense | (779) | (3,126) |
| Other Expense | (3,209) | (2,679) |
| Loss Before Income Tax Benefit | (20,984) | (78,175) |
| Income Tax Benefit | 43 | 973 |
| Net Loss | (20,941) | (77,202) |
| Net Loss Attributable to Non-Controlling Interests | 202 | 99 |
| Net Loss Attributable to Kartoon Studios, Inc. | $(20,739) | $(77,103) |
| Net Loss per Share - Basic | $(0.54) | $(2.29) |
| Net Loss per Share - Diluted | $(0.54) | $(2.29) |
| Weighted Average Shares Outstanding - Basic | 38,413,131 | 33,672,305 |
| Weighted Average Shares Outstanding - Diluted | 38,413,131 | 33,672,305 |
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