Kartoon Studios, Inc. Quarterly report [Sections 13 or 15(d)]

Property and Equipment, net

6 Months Ended

Jun. 30, 2025

Note 6: Property and Equipment, net

The Company has property and equipment as follows (in thousands):

Schedule of property and equipment, net
	As of
	June 30, 2025			December 31, 2024
Furniture and Equipment	$	81		$	117
Computer Equipment		824			817
Leasehold Improvements		2,200			2,200
Software		282			250
Property and Equipment, gross		3,387			3,384

Less Accumulated Depreciation		(1,339	)		(1,078	)
Foreign Currency Translation Adjustment		(162	)		(253	)
Property and Equipment, net	$	1,886		$	2,053

During the six months ended June 30, 2025 and 2024, the Company recorded depreciation expense of $0.3 million and $0.2 million, respectively.

During the six months ended June 30, 2025 and 2024, the Company did not incur any impairment charges on its property and equipment.