---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-008030"
form_type: "8-K"
ticker: "TOON"
cik: "0001355848"
company_name: "Kartoon Studios, Inc."
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:20:43.305573+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kartoon Studios Q3 revenue $8.7M; operating costs down 57% YoY, loss slashed 80%

## Summary
- Revenue of $8.7M for Q3 2024; sequential growth of 4% from Q2 2024; nine-month revenue $23.2M.
- Direct operating costs reduced 57% YoY; G&A down 40% YoY; loss from operations cut 80% YoY after impairments.
- No long-term debt; current assets $37.2M; working capital $3.5M; stockholders' equity $42.8M.
- Mainframe Studios has over 145 episodes in production for Netflix, Disney, Sony, Spinmaster; pipeline through 2027.
- Kartoon Channel! now on 18 platforms, profitable; global footprint of 1.5B viewers; expanded to India, UK, Italy.

## SEC filing metadata
- accession: 0001683168-24-008030
- form_type: 8-K
- ticker: TOON
- cik: 0001355848
- company_name: Kartoon Studios, Inc.
- filed_at: 2024-11-14T23:59:59+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/1355848/000168316824008030/0001683168-24-008030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355848/000168316824008030/kartoon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-008030
- JSON: https://secwatch.observer/filing/0001683168-24-008030.json
- Plain text: https://secwatch.observer/filing/0001683168-24-008030.txt

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