---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-002057"
form_type: "8-K"
ticker: "TOON"
cik: "0001355848"
company_name: "Kartoon Studios, Inc."
filed_at: "2025-03-31T23:59:59+00:00"
generated_at: "2026-05-24T01:36:43.750953+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kartoon Studios reports Q4 2024 revenue up 8.2% sequentially; operating loss improved 88% YoY

## Summary
- Q4 2024 revenue $9.4M (+8.2% seq, +7.0% YoY); full-year revenue $32.6M.
- Operating expenses cut 66% in Q4 2024 vs Q4 2023; 57.4% decrease for full year 2024.
- Loss from operations improved 88% in Q4 2024 and 76.5% for full year vs prior year.
- Mainframe Studios revenue surged 44.7% in Q4; over 90% of 2025 revenue already contracted.
- No long-term debt as of Dec 31, 2024; current assets $34.7M, stockholders' equity $36.5M.

## SEC filing metadata
- accession: 0001683168-25-002057
- form_type: 8-K
- ticker: TOON
- cik: 0001355848
- company_name: Kartoon Studios, Inc.
- filed_at: 2025-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355848/000168316825002057/0001683168-25-002057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355848/000168316825002057/kartoon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-002057
- JSON: https://secwatch.observer/filing/0001683168-25-002057.json
- Plain text: https://secwatch.observer/filing/0001683168-25-002057.txt

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