secwatch.observer — SEC 8-K summary
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Issuer:     Kartoon Studios, Inc. (TOON)
CIK:        0001355848
Form:       8-K
Filed at:   2026-05-15T12:55:18+00:00
Accession:  0001683168-26-003978
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kartoon Studios Q1 2026: distribution rev +15%, op loss narrows to $2.8M, sub engagement soars
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1355848/000168316826003978/0001683168-26-003978-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1355848/000168316826003978/toon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-003978

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