---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-002105"
form_type: "8-K"
ticker: "TOON"
cik: "0001355848"
company_name: "Kartoon Studios, Inc."
filed_at: "2023-04-03T23:59:59+00:00"
generated_at: "2026-06-17T06:50:49.909177+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Genius Brands revenue up 691% to $63M; operating loss down 31%

## Summary
- Revenue $63.0M (up 691% YoY); operating loss decreased 31%, net loss down 64%.
- WOW Unlimited Media acquisition drives revenue; TOHO invests multi-millions for 50% of two shows.
- Launched AI-generated series Kidaverse Fast Facts and Secret Millionaires Club Minis.
- Kartoon Channel! Africa launched in 47 countries via StarTimes partnership.
- Current assets $139.5M, working capital $28.6M, stockholders' equity $112.9M.

## SEC filing metadata
- accession: 0001683168-23-002105
- form_type: 8-K
- ticker: TOON
- cik: 0001355848
- company_name: Kartoon Studios, Inc.
- filed_at: 2023-04-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355848/000168316823002105/0001683168-23-002105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355848/000168316823002105/genius_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-002105
- JSON: https://secwatch.observer/filing/0001683168-23-002105.json
- Plain text: https://secwatch.observer/filing/0001683168-23-002105.txt

## Key facts
- Earnings Releases
  Kartoon Studios, Inc. reported the year ended December 31, 2022 results: revenue $63.0 million.
  - Period: the year ended December 31, 2022
  - Revenue: $63.0 million
  - Result: reported results
  source text: Full-year revenue increased 691% to $63.0 million, compared to $7.9 million in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1355848/000168316823002105/0001683168-23-002105-index.htm

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