| Schedule of segment information by revenues and net earnings |
| Schedule of segment information by revenues and net earnings |
|
|
|
|
|
|
|
|
| |
|
Year Ended December 31, |
|
| |
|
2024 |
|
|
2023 |
|
| Total Revenues: |
|
|
|
|
|
|
|
|
| Content Production and Distribution |
|
$ |
27,755 |
|
|
$ |
39,146 |
|
| Media Advisory and Advertising Services |
|
|
4,836 |
|
|
|
4,939 |
|
| Total Revenues |
|
$ |
32,591 |
|
|
$ |
44,085 |
|
| |
|
|
|
|
|
|
|
|
| Net Loss: |
|
|
|
|
|
|
|
|
| Content Production and Distribution |
|
$ |
(21,160 |
) |
|
$ |
(76,004 |
) |
| Media Advisory and Advertising Services |
|
|
421 |
|
|
|
(1,099 |
) |
| Total Net Loss Attributable to Kartoon Studios, Inc |
|
$ |
(20,739 |
) |
|
$ |
(77,103 |
) |
|
| Schedule of segments by geographic area |
| Schedule of segments by geographic area |
|
|
|
|
|
|
|
|
| |
|
Year Ended December 31, |
|
| |
|
2024 |
|
|
2023 |
|
| Total Revenues: |
|
|
|
|
|
|
|
|
| United States |
|
$ |
17,805 |
|
|
$ |
26,833 |
|
| Canada |
|
|
5,769 |
|
|
|
7,957 |
|
| United Kingdom |
|
|
8,637 |
|
|
|
8,650 |
|
| Other |
|
|
380 |
|
|
|
645 |
|
| Total Revenues |
|
$ |
32,591 |
|
|
$ |
44,085 |
|
|
| Segment allocations |
Segment
allocations
| |
|
December 31, 2024 |
|
| |
|
Content Production and Distribution |
|
|
Media Advisory and Advertising |
|
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
| Revenue |
|
$ |
27,755 |
|
|
$ |
4,836 |
|
|
$ |
32,591 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Less Operating Expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
| Selling, Marketing and Direct Operating Costs |
|
|
24,103 |
|
|
|
274 |
|
|
|
24,377 |
|
| General and Administrative Expenses |
|
|
16,351 |
|
|
|
4,868 |
|
|
|
21,219 |
|
| Other Expenses |
|
|
– |
|
|
|
3 |
|
|
|
3 |
|
| Segment results: |
|
$ |
(12,699 |
) |
|
$ |
(309 |
) |
|
$ |
(13,008 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Reconciliation of net (loss) income: |
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation Expense |
|
$ |
3,120 |
|
|
$ |
199 |
|
|
$ |
3,319 |
|
| Interest Expense |
|
|
778 |
|
|
|
1 |
|
|
|
779 |
|
| Stock Based Compensation |
|
|
669 |
|
|
|
– |
|
|
|
669 |
|
| Tax provision |
|
|
19 |
|
|
|
(62 |
) |
|
|
(43 |
) |
| Other |
|
|
4,077 |
|
|
|
(868 |
) |
|
|
3,209 |
|
| Net Loss Attributable to Non-Controlling Interests |
|
|
(202 |
) |
|
|
– |
|
|
|
(202 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income (Loss) |
|
$ |
(21,160 |
) |
|
$ |
421 |
|
|
$ |
(20,739 |
) |
| |
|
December 31, 2023 |
|
| |
|
Content Production and Distribution |
|
|
Media Advisory and Advertising |
|
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
| Revenue |
|
$ |
39,141 |
|
|
$ |
4,944 |
|
|
$ |
44,085 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Less Operating Expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
| Selling, Marketing and Direct Operating Costs |
|
|
42,845 |
|
|
|
206 |
|
|
|
43,051 |
|
| General and Administrative Expenses |
|
|
22,738 |
|
|
|
5,420 |
|
|
|
28,158 |
|
| Other Expenses |
|
|
– |
|
|
|
– |
|
|
|
– |
|
| Segment results: |
|
$ |
(26,442 |
) |
|
$ |
(682 |
) |
|
$ |
(27,124 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Reconciliation of net (loss) income: |
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation Expense |
|
$ |
4,281 |
|
|
$ |
214 |
|
|
$ |
4,495 |
|
| Interest Expense |
|
|
3,117 |
|
|
|
9 |
|
|
|
3,126 |
|
| Stock Based Compensation |
|
|
2,671 |
|
|
|
– |
|
|
|
2,671 |
|
| Tax provision |
|
|
(973 |
) |
|
|
– |
|
|
|
(973 |
) |
| Other |
|
|
40,573 |
|
|
|
186 |
|
|
|
40,759 |
|
| Net Loss Attributable to Non-Controlling Interests |
|
|
(99 |
) |
|
|
– |
|
|
|
(99 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income (Loss) |
|
$ |
(76,012 |
) |
|
$ |
(1,091 |
) |
|
$ |
(77,103 |
) |
|