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

11. Stock Options (Tables)

3 Months Ended

Mar. 31, 2017

	Options Outstanding Number of Shares		Exercise Price per Share		Weighted Average Remaining Contractual Life		Aggregate Intrinsic Value		Weighted Average Exercise Price per Share
Balance at December 31, 2016		1,373,554	$	2.82 - 12.00		3.99 years	$	280,642	$	8.14
Options Granted		–
Options Exercised		–
Options Cancelled		5,461
Options Expired		–
Balance at March 31, 2017		1,368,093	$	2.82 - 12.00		3.74 years	$	96,619	$	8.15

Exercisable December 31, 2016		452,535	$	2.82 - 6.00		3.95 years	$	263,375	$	5.29
Exercisable March 31, 2017		449,200	$	2.82 - 6.00		3.70 years	$	90,485	$	5.30