Quarterly report [Sections 13 or 15(d)]

Segment Reporting (Tables)

v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of segment information by revenues and net income (loss)
                               
    Three Months Ended June 30,   Six Months Ended June 30,
    2026   2025   2026   2025
Total Revenues:                                
Content Production and Distribution   $ 5,373     $ 9,437     $ 11,812     $ 18,074  
Media Advisory and Advertising Services     448       842       1,247       1,709  
Total Revenues   $ 5,821     $ 10,279     $ 13,059     $ 19,783  
                                 
Net Income (Loss):                                
Content Production and Distribution   $ 27,571     $ (5,505 )   $ 21,562     $ (11,531 )
Media Advisory and Advertising Services     (586 )     (658 )     (942 )     (1,158 )
Total Net Income (Loss) Attributable to Kartoon Studios, Inc.   $ 26,985     $ (6,163 )   $ 20,620     $ (12,689 )

 
Schedule of segments by geographic area
                               
    Three Months Ended June 30,   Six Months Ended June 30,
    2026   2025   2026   2025
Total Revenues:                                
United States   $ 2,649     $ 4,889     $ 6,627     $ 9,615  
Canada     387       3,734       1,278       6,761  
United Kingdom     2,745       1,618       5,096       3,330  
Other     40       38       58       77  
Total Revenues   $ 5,821     $ 10,279     $ 13,059     $ 19,783  
Schedule of segment allocations
                       
    Three Months Ended June 30, 2026
    Content
Production and
Distribution		   Media Advisory
and Advertising		   Total
             
Revenues   $ 5,373     $ 448     $ 5,821  
                         
Less Operating Expenses:                        
Selling, Marketing and Direct Operating Costs     (4,731 )     (43 )     (4,774 )
General and Administrative Expenses     (2,570 )     (975 )     (3,545 )
Segment results:   $ (1,928 )   $ (570 )   $ (2,498 )
                         
Reconciliation of net (loss) income:                        
Depreciation Expense   $ (676 )   $ (43 )   $ (719 )
Interest Expense     (175 )     –       (175 )
Share-Based Compensation     (193 )     –       (193 )
Legal Settlement Income     39,238       –       39,238  
Standstill Agreement Accrued Expense     (4,000 )     –       (4,000 )
Income Tax Expense     (573 )     –       (573 )
Other     (4,158 )     27       (4,131 )
Net Loss Attributable to Non-Controlling Interests     36       –       36  
                         
Net Income (Loss)   $ 27,571     $ (586 )   $ 26,985  

 

                         
    Three Months Ended June 30, 2025
    Content
Production and
Distribution		   Media Advisory
and Advertising		   Total
             
Revenues   $ 9,437     $ 842     $ 10,279  
                         
Less Operating Expenses:                        
Selling, Marketing and Direct Operating Costs     (7,212 )     (70 )     (7,282 )
General and Administrative Expenses     (4,176 )     (1,252 )     (5,428 )
Other Segment Expenses     –       (8 )     (8 )
Segment results:   $ (1,951 )   $ (488 )   $ (2,439 )
                         
Reconciliation of net (loss) income:                        
Depreciation Expense   $ (685 )   $ (43 )   $ (728 )
Interest Expense     (165 )     –       (165 )
Share-Based Compensation     (48 )     –       (48 )
Other     (2,760 )     (127 )     (2,887 )
Net Loss Attributable to Non-Controlling Interests     104       –       104  
                         
Net Income (Loss)   $ (5,505 )   $ (658 )   $ (6,163 )

 

             
    Six Months Ended June 30, 2026
    Content
Production and
Distribution		   Media Advisory
and Advertising		   Total
             
Revenues   $ 11,812     $ 1,247     $ 13,059  
                         
Less Operating Expenses:                        
Selling, Marketing and Direct Operating Costs     (9,568 )     (115 )     (9,683 )
General and Administrative Expenses     (5,734 )     (2,033 )     (7,767 )
Segment results:   $ (3,490 )   $ (901 )   $ (4,391 )
                         
Reconciliation of net (loss) income:                        
Depreciation Expense   $ (1,351 )   $ (87 )   $ (1,438 )
Interest Expense     (408 )     –       (408 )
Share-Based Compensation     (384 )     –       (384 )
Legal Settlement Income     39,238       –       39,238  
Standstill Agreement Accrued Expense     (4,000 )     –       (4,000 )
Income Tax Expense     (573 )     –       (573 )
Other     (7,546 )     46       (7,500 )
Net Loss Attributable to Non-Controlling Interests     76       –       76  
                         
Net Income (Loss)   $ 21,562     $ (942 )   $ 20,620  

 

             
    Six Months Ended June 30, 2025
    Content
Production and
Distribution		   Media Advisory
and Advertising		   Total
             
Revenues   $ 18,074     $ 1,709     $ 19,783  
                         
Less Operating Expenses:                        
Selling, Marketing and Direct Operating Costs     (14,002 )     (148 )     (14,150 )
General and Administrative Expenses     (7,850 )     (2,520 )     (10,370 )
Other Segment Expenses     –       (8 )     (8 )
Segment results:   $ (3,778 )   $ (967 )   $ (4,745 )
                         
Reconciliation of net (loss) income:                        
Depreciation Expense   $ (1,324 )   $ (90 )   $ (1,414 )
Interest Expense     (293 )     –       (293 )
Share-Based Compensation     (135 )     –       (135 )
Other     (6,170 )     (101 )     (6,271 )
Net Loss Attributable to Non-Controlling Interests     169       –       169  
                         
Net Income (Loss)   $ (11,531 )   $ (1,158 )   $ (12,689 )