secwatch.observer — SEC 8-K summary
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Issuer:     Kartoon Studios, Inc. (TOON)
CIK:        0001355848
Form:       8-K
Filed at:   2025-03-31T23:59:59+00:00
Accession:  0001683168-25-002057
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1355848/000168316825002057/0001683168-25-002057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1355848/000168316825002057/kartoon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-002057

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer