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

Consolidated Statements of Operations

v3.25.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenues:    
Total Revenues $ 32,591 $ 44,085
Operating Expenses:    
Marketing and Sales 1,243 2,651
Direct Operating Costs 23,134 40,399
General and Administrative 25,210 35,324
Impairment of Property and Equipment 0 134
Impairment of Intangible Assets 0 4,413
Impairment of Goodwill 0 33,534
Total Operating Expenses 49,587 116,455
Loss from Operations (16,996) (72,370)
Interest Expense (779) (3,126)
Other Expense (3,209) (2,679)
Loss Before Income Tax Benefit (20,984) (78,175)
Income Tax Benefit 43 973
Net Loss (20,941) (77,202)
Net Loss Attributable to Non-Controlling Interests 202 99
Net Loss Attributable to Kartoon Studios, Inc. $ (20,739) $ (77,103)
Net Loss per Share - Basic $ (0.54) $ (2.29)
Net Loss per Share - Diluted $ (0.54) $ (2.29)
Weighted Average Shares Outstanding - Basic 38,413,131 33,672,305
Weighted Average Shares Outstanding - Diluted 38,413,131 33,672,305
Production Services [Member]    
Revenues:    
Total Revenues $ 17,850 $ 26,799
Content Distribution [Member]    
Revenues:    
Total Revenues 9,607 11,698
License [Member]    
Revenues:    
Total Revenues 298 649
Media Advisory And Advertising Services [Member]    
Revenues:    
Total Revenues $ 4,836 $ 4,939