---
schema_version: "secwatch.filing_event.v1"
accession: "0001355848-24-000115"
form_type: "8-K"
ticker: "TOON"
cik: "0001355848"
company_name: "Kartoon Studios, Inc."
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:16:29.729404+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kartoon Studios Q2 revenue $8.4M, up 38% QoQ; net loss cut 61% YoY; no debt; targets 2025 profitability

## Summary
- Revenue $8.4M in Q2 2024, up 38% from Q1 2024; net loss reduced 61% vs Q2 2023.
- Direct operating costs down 39% YoY; operating loss down 46% for Q2 2024 vs Q2 2023.
- Kartoon Channel profitable since Q1 2024; Amazon Prime subscribers up 120% YoY; available in 69 countries.
- $30M non-dilutive JV from Catalyst Partners funds 104-episode Winnie-the-Pooh series and holiday specials.
- No long-term debt; current assets $38.8M; management aims for profitability by 2025.

## SEC filing metadata
- accession: 0001355848-24-000115
- form_type: 8-K
- ticker: TOON
- cik: 0001355848
- company_name: Kartoon Studios, Inc.
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1355848/000135584824000115/0001355848-24-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355848/000135584824000115/toon-20240814.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001355848-24-000115
- JSON: https://secwatch.observer/filing/0001355848-24-000115.json
- Plain text: https://secwatch.observer/filing/0001355848-24-000115.txt

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