Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
KUSTOM ENTERTAINMENT, INC. reported fiscal year ended December 31, 2025 results: revenue $13,755,000, net income $5,955,000.
- Period
- fiscal year ended December 31, 2025
- Revenue
- $13,755,000
- Net income
- $5,955,000
- Result
- reported results
Exact text from the filing
Financial Highlights for Fiscal Year 2025 ● Revenue Growth: Total revenues from continuing operations rose to approximately $13,755,000, an increase of $235,000 year-over-year. ● Operating Efficiency: Selling, General, and Administrative (SG&A) expenses improved by $2,275,000 year-over-year to approximately $12,230,000 in 2025. This improvement was achieved despite a one-time, non-cash charge of $2,535,000 for goodwill and intangible asset impairment during 2025. ● Non-Operating Income: Non-operating income increased by $11,440,000 year over year. This was driven primarily by a $4,575,000 improvement in the fair value of warrant derivative liabilities and a $2,715,000 reduction in interest expense. ● Bottom Line Improvement: Net loss from continuing operations improved by approximately $11,945,000 to $5,955,000 compared to $17,900,000 for the prior fiscal year. ● Balance sheet: Total stockholders’ equity increased $11.4 million and net working capital position improved by $17.9 million
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