{"schema_version":"secwatch.filing_event.v1","accession":"0001355848-24-000072","form_type":"8-K","ticker":"TOON","cik":"0001355848","company_name":"Kartoon Studios, Inc.","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.068986+00:00","generated_at":"2026-06-01T22:46:46.180010+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Kartoon Studios Q1 revenue $6.1M, targets profitability Q2 2025, streaming unit profitable","bullets":["Q1 revenue $6.1M; no long-term debt; working capital $6.1M; stockholders' equity $46.5M.","Direct operating costs down >60% YoY; G&A down 18% YoY; operating loss reduces to lowest since Q3 2022.","Kartoon Channel! streaming achieved profitability in Q1 2024; 4.9-star Apple rating, ahead of Disney+.","Greenlit projects expected to generate >$40M revenue; new AI initiative using Nvidia Omniverse launched.","Stan Lee Universe expands: Amazon store, VeVe collectibles partnership, YouTube channel hits 300K subscribers."],"urls":{"canonical":"https://secwatch.observer/filing/0001355848-24-000072","json":"https://secwatch.observer/filing/0001355848-24-000072.json","markdown":"https://secwatch.observer/filing/0001355848-24-000072.md","text":"https://secwatch.observer/filing/0001355848-24-000072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1355848/000135584824000072/0001355848-24-000072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1355848/000135584824000072/toon-20240515.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T22:46:46.180010+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cd6cb90c67b8d67d52b8964b2a91c7f6df16234f","claim":"Kartoon Studios, Inc. updated its first quarter ended March 31, 2024 guidance (reaffirmed).","evidence_excerpt":"On May 15, 2024, Kartoon Studios, Inc. (the “Company”) issued an earnings release announcing, among other things, the Company’s operational highlights for the first quarter ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1355848/000135584824000072/0001355848-24-000072-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}