secwatch.observer — SEC 8-K summary
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Issuer:     Dolphin Entertainment, Inc. (DLPN)
CIK:        0001282224
Form:       8-K
Filed at:   2026-03-25T23:59:59+00:00
Accession:  0001079973-26-000357
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dolphin Entertainment posts record Q4 and FY 2025 revenue; net loss narrows, EBITDA triples
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- Full-year 2025 revenue $56.7M (+10% YoY); Q4 revenue $15.6M (+27% YoY).
- FY 2025 net loss $3.1M vs $12.6M in 2024; Q4 net income $1.0M vs loss of $2.0M.
- FY 2025 Adjusted EBITDA $2.9M, up 209% from $0.9M; Q4 Adjusted EBITDA $1.7M vs $(0.5)M loss.
- CEO expects continued top-line growth and adjusted EBITDA margin expansion in 2026.
- Bank debt matures in ~2.5 years, saving ~$2.2M annual principal and interest; lease savings anticipated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282224/000107997326000357/0001079973-26-000357-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282224/000107997326000357/dlpn_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-26-000357

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer