Kartoon Studios, Inc. Quarterly report pursuant to sections 13 or 15(d)

14. Restatement (Tables)

9 Months Ended

Sep. 30, 2013

The impact of the restatements of the Statement of Operations accounts for the periods ended September 30, 2012 are as follows:

	Three Months Ending									Nine Months Ending
	9/30/12 Previously Reported			9/30/2012 Restated			Change			9/30/12 Previously Reported			9/30/2012 Restated			Change
Interest Expense		(112,452	)		(156,112	)		(43,660	)		(127,599	)		(161,260	)		(33,661	)
Gain (loss) on derivative valuation		–			46,257			46,257			–			46,257			46,257
Net Loss		(720,427	)		(707,830	)		12,597			(1,910,341	)		(1,897,745	)		12,596