{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-26-003978","form_type":"8-K","ticker":"TOON","cik":"0001355848","company_name":"Kartoon Studios, Inc.","filed_at":"2026-05-15T12:55:18+00:00","discovered_at":"2026-05-15T13:00:01.679784+00:00","generated_at":"2026-05-15T13:00:27.105920+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Kartoon Studios Q1 2026: distribution rev +15%, op loss narrows to $2.8M, sub engagement soars","bullets":["Distribution revenue $2.3M (+15% YoY); Kartoon Channel and Ameba both reached record paid subscriber levels in Q1.","Total revenue $7.2M (vs $9.5M Q1 2025) due to timing of production deliveries; op expenses down 20% to $10.0M.","Loss from operations improved 9% to $2.8M; G&A down 10% to $5.1M; cash & marketable securities $6.0M.","Subscriber engagement on Kartoon Channel up >80% YoY, Ameba up >200% YoY; both at record paid subs.","Licensed Mattel's Masters of the Universe (2002) and American Girl (2016) for Kartoon Channel; flagships Hundred Acre Wood and Stan Lee Universe advancing."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-26-003978","json":"https://secwatch.observer/filing/0001683168-26-003978.json","markdown":"https://secwatch.observer/filing/0001683168-26-003978.md","text":"https://secwatch.observer/filing/0001683168-26-003978.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1355848/000168316826003978/0001683168-26-003978-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1355848/000168316826003978/toon_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T13:00:27.105920+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"402b0a1ca0196919d08dca61f0c74a3115259967","claim":"Kartoon Studios, Inc. reported the first quarter ended March 31, 2026 results: revenue $7.2 million.","evidence_excerpt":"a more scalable operating foundation and the broader commercialization of the Company’s intellectual property portfolio. For the quarter, the Company reported total revenue of $7.2 million, with distribution revenue increasing 15% as compared to the same quarter last year, while total operating expenses declined 20%, contributing to improved operating performance.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1355848/000168316826003978/0001683168-26-003978-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Revenue","value":"$7.2 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}