Kartoon Studios, Inc.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
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FY2025 · Filed Mar 31, 2026
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, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenues: | ||
| Production Services | $26,832 | $17,850 |
| Content Distribution | 7,982 | 9,607 |
| Licensing and Royalties | 387 | 298 |
| Media Advisory and Advertising Services | 4,152 | 4,836 |
| Total Revenues | 39,353 | 32,591 |
| Operating Expenses: | ||
| Marketing and Sales | 681 | 1,243 |
| Direct Operating Costs | 26,829 | 23,134 |
| General and Administrative | 23,992 | 25,210 |
| Impairment of Intangible Assets | 767 | – |
| Total Operating Expenses | 52,269 | 49,587 |
| Loss from Operations | (12,916) | (16,996) |
| Interest Expense | (656) | (779) |
| Other Expense | (11,261) | (3,209) |
| Loss Before Income Tax Benefit | (24,833) | (20,984) |
| Income Tax Benefit | 135 | 43 |
| Net Loss | (24,698) | (20,941) |
| Net Loss Attributable to Non-Controlling Interests | 166 | 202 |
| Net Loss Attributable to Kartoon Studios, Inc. | $(24,532) | $(20,739) |
| Net Loss per Share - Basic | $(0.49) | $(0.54) |
| Net Loss per Share - Diluted | $(0.49) | $(0.54) |
| Weighted Average Shares Outstanding - Basic | 50,228,716 | 38,413,131 |
| Weighted Average Shares Outstanding - Diluted | 50,228,716 | 38,413,131 |
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