Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Operations

v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenues:    
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 0
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
Production Services [Member]    
Revenues:    
Total Revenues $ 26,832 $ 17,850
Content Distribution [Member]    
Revenues:    
Total Revenues 7,982 9,607
License [Member]    
Revenues:    
Total Revenues 387 298
Media Advisory And Advertising Services [Member]    
Revenues:    
Total Revenues $ 4,152 $ 4,836