v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash $ 4,581 $ 4,095
Investments in Marketable Securities (amortized cost of $4,266 and $12,838, respectively) 4,079 11,950
Accounts Receivable (net of allowance of $241 and $189, respectively) 11,893 18,072
Tax Credits Receivable (net of allowance of $610 and $527, respectively) 12,929 20,714
Prepaid Expenses and Other Assets 900 740
Total Current Assets 37,180 57,109
Noncurrent Assets:    
Property and Equipment, net 1,655 1,877
Operating Lease Right-of-Use Assets, net 6,365 7,076
Finance Lease Right-of-Use Assets, net 1,026 1,867
Film and Television Costs, net 1,858 1,295
Investment in Your Family Entertainment AG 17,965 19,094
Intangible Assets, net 21,126 22,993
Other Assets 124 125
Total Assets 87,299 111,436
Current Liabilities:    
Accounts Payable 12,043 16,864
Participations Payable 1,188 1,915
Accrued Expenses 1,132 691
Accrued Salaries and Wages 1,707 1,926
Deferred Revenue 5,015 3,127
Margin Loan 1,069 782
Production Facilities 8,739 15,336
Bank Indebtedness 592 2,905
Current Portion of Operating Lease Liabilities 1,120 908
Current Portion of Finance Lease Liabilities 923 1,120
Warrant Liability 0 63
Total Current Liabilities 33,700 45,640
Noncurrent Liabilities:    
Deferred Revenue 3,371 3,458
Operating Lease Liabilities, Net Current Portion 5,912 6,736
Finance Lease Liabilities, Net Current Portion 107 928
Deferred Tax Liability, net 1,402 1,399
Other Noncurrent Liabilities 7 14
Total Liabilities 44,499 58,175
Commitments and Contingencies (Note 19)  
Stockholders’ Equity:    
Preferred Stock, $0.001 par value, 10,000,000 shares authorized, as of September 30, 2024 and December 31, 2023 0 0
Common Stock, $0.001 par value, 190,000,000 shares authorized, 39,630,851 and 35,323,217 shares issued and 39,555,161 and 35,247,744 outstanding as of September 30, 2024 and December 31, 2023, respectively 40 352
Additional Paid-in Capital 778,438 773,986
Treasury Stock at Cost, 75,690 and 75,473, shares of common stock as of September 30, 2024 and December 31, 2023, respectively (339) (339)
Accumulated Deficit (733,521) (718,546)
Accumulated Other Comprehensive Loss (3,376) (3,883)
Total Kartoon Studios, Inc. Stockholders' Equity 41,242 51,570
Non-Controlling Interests in Consolidated Subsidiaries 1,558 1,691
Total Stockholders' Equity 42,800 53,261
Total Liabilities and Stockholders’ Equity 87,299 111,436
Series A Preferred Stock [Member]    
Stockholders’ Equity:    
Preferred Stock, $0.001 par value, 10,000,000 shares authorized, as of September 30, 2024 and December 31, 2023 0 0
Series B Preferred Stock [Member]    
Stockholders’ Equity:    
Preferred Stock, $0.001 par value, 10,000,000 shares authorized, as of September 30, 2024 and December 31, 2023 0 0
Series C Preferred Stock [Member]    
Stockholders’ Equity:    
Preferred Stock, $0.001 par value, 10,000,000 shares authorized, as of September 30, 2024 and December 31, 2023 0 0
Related Party [Member]    
Current Assets:    
Other Receivable 1,471 1,435
Current Liabilities:    
Other Current Liabilities 4 3
Nonrelated Party [Member]    
Current Assets:    
Other Receivable 1,327 103
Current Liabilities:    
Other Current Liabilities $ 168 $ 0

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