secwatch.observer — SEC 8-K summary
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Issuer:     Kartoon Studios, Inc. (TOON)
CIK:        0001355848
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001683168-26-002456
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kartoon Studios FY2025 revenue up 21% to $39.4M; operating loss narrows 24%
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- Revenue $39.4M (+21% YoY); production services revenue $26.8M (+50%).
- Operating loss improved 24% YoY; $35.8M current assets, $27.5M equity.
- Over 60% of 2026 production revenue already under contract.
- Kartoon Channel watch time up 85% YoY; FAST channel watch time up 70% in Q4.
- Audit opinion includes going-concern uncertainty; Hundred Acre Woods and Stan Lee Universe launch expected Q4 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1355848/000168316826002456/0001683168-26-002456-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1355848/000168316826002456/kartoon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-002456

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