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

13. Warrants (Tables)

3 Months Ended

Mar. 31, 2019

	Warrants Outstanding Number of Shares		Exercise Price per Share		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price per Share		Aggregate Intrinsic Value
Balance at December 31, 2018		5,899,389	$	3.30 – 6.00		3.74 years	$	3.35	$	–
Warrants Granted		3,691,788	$	2.12-3.00		4.89 years		3.00		–
Warrants Exercised		–		–		–		–		–
Warrants Expired		–		–		–		–		–
Balance at March 31, 2019		9,591,177	$	2.12 – 6.00		4.03 years	$	3.08	$	–

Exercisable December 31, 2018		5,899,389	$	3.30 – 6.00		3.74 years	$	3.53	$	–
Exercisable March 31, 2019		6,845,283	$	2.12 – 6.00		3.68 years	$	3.34	$	–