---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-25-000790"
form_type: "8-K"
ticker: "DLPN"
cik: "0001282224"
company_name: "Dolphin Entertainment, Inc."
filed_at: "2025-05-13T23:59:59+00:00"
generated_at: "2026-05-21T13:21:39.046849+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Dolphin Q1 2025: Net loss $2.3M ($0.21/share), core segment revenue up 2%

## Summary
- Net loss of $2.3M ($0.21 per share) vs net loss of $0.3M ($0.04) in Q1 2024; operating loss $1.8M vs operating income $0.2M.
- Total revenue $12.2M, down from $15.2M which included $3.4M Blue Angels production revenue; core EPM segment revenue $12.1M, up 2% YoY.
- Adjusted operating loss of $0.6M vs adjusted operating income of $1.0M in prior year period.
- CEO initiated 10b5-1 stock purchase plan in April 2025, building on $100k purchases in 2H 2024; calls stock deeply undervalued.
- Launched Always Alpha women's sports management, affiliate marketing division; named Agency of the Year by Observer PR Power List.

## SEC filing metadata
- accession: 0001079973-25-000790
- form_type: 8-K
- ticker: DLPN
- cik: 0001282224
- company_name: Dolphin Entertainment, Inc.
- filed_at: 2025-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282224/000107997325000790/0001079973-25-000790-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282224/000107997325000790/dlpn_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-25-000790
- JSON: https://secwatch.observer/filing/0001079973-25-000790.json
- Plain text: https://secwatch.observer/filing/0001079973-25-000790.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.