---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-007470"
form_type: "8-K"
ticker: "TOON"
cik: "0001355848"
company_name: "Kartoon Studios, Inc."
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T06:51:13.266305+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Kartoon Studios dismisses Baker Tilly, appoints Mazars USA as auditor

## Summary
- Auditor change effective October 25, 2023; dismissal cited as cost-saving measure.
- No disagreements with Baker Tilly on accounting principles or audit scope.
- Baker Tilly's 2022 and 2021 reports were unqualified with no adverse opinions.
- Prior material weaknesses in internal controls disclosed; no restatements caused.
- Mazars USA LLP appointed for year ending Dec 31, 2023; no pre-engagement consultations.

## SEC filing metadata
- accession: 0001683168-23-007470
- form_type: 8-K
- ticker: TOON
- cik: 0001355848
- company_name: Kartoon Studios, Inc.
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355848/000168316823007470/0001683168-23-007470-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355848/000168316823007470/kartoon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-007470
- JSON: https://secwatch.observer/filing/0001683168-23-007470.json
- Plain text: https://secwatch.observer/filing/0001683168-23-007470.txt

## Key facts
- Auditor Changes
  Kartoon Studios, Inc. engaged Mazars USA LLP as its auditor.
  - Action: engagement
  - Auditor: Mazars USA LLP
  source text: On October 25, 2023, the Audit Committee appointed Mazars USA LLP (“Mazars”) as the Company’s independent registered public accounting firm for the year ending December 31, 2023, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1355848/000168316823007470/0001683168-23-007470-index.htm
- Auditor Changes
  Kartoon Studios, Inc. dismissed Baker Tilly US, LLP as its auditor.
  - Action: dismissal
  - Auditor: Baker Tilly US, LLP
  - Successor: Mazars USA LLP
  source text: On October 23, 2023, as a cost saving measure, the audit committee (the “Audit Committee”) of the board of directors of Kartoon Studios, Inc. (the “Company”) dismissed Baker Tilly US, LLP (“Baker Tilly”) as the Company’s independent registered public accounting firm and approved replacing them with Mazars USA LLP.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1355848/000168316823007470/0001683168-23-007470-index.htm

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