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Kartoon Studios Q2 net income $27M on $39.2M litigation gain; revenue down 44% to $5.8M
Q2 revenue $5.8M vs $10.3M prior year (-44%); operating loss $3.4M vs $3.2M prior year.
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Kartoon Studios signs Amazon Prime Video streaming deal for Hundred Acre Wood series
Amazon Prime Video will stream Kartoon's animated series HUNDRED ACRE WOOD, based on A.A. Milne's Winnie the Pooh.
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Kartoon Studios sets 2026 Annual Meeting for October 21; proposal deadline August 16
Board set October 21, 2026 as date for 2026 Annual Meeting of Stockholders.
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Kartoon Studios sells Frederator Networks channel business for $500K; retains key IP
Sold Frederator Networks' Channel Network business for $500,000 cash.
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Kartoon Studios amends rights agreement expiration date to June 29, 2027
Amendment corrects Final Expiration Time of Rights from July 29, 2027 to June 29, 2027.
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Kartoon Studios amends bylaws to restrict stockholder rights, adopt indemnification agreements
Bylaw amendments eliminate stockholder ability to act by written consent; all actions must be at meetings.
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Kartoon Studios adopts limited-duration stockholder rights plan with 10% trigger
Rights plan triggers at 10% beneficial ownership; purchase price $3.75 per right for Series D preferred stock.
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Kartoon Studios receives $50M settlement from additional party in Augenbaum litigation
Corrected settlement amount is $50,000,000 (original 8-K erroneously reported $5,000,000).
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Kartoon Studios receives $50M settlement in Augenbaum lawsuit; court approves
Settling Party agreed to pay $50,000,000 minus plaintiff's counsel fees and expenses.
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Kartoon Studios receives $28.475M aggregate settlement from lawsuit defendants
Settlement in Augenbaum v. Anson Investments Master Fund LP et al., S.D.N.Y. Case No. 1:22-CV-00249-AS.
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Kartoon Studios Q1 2026: distribution rev +15%, op loss narrows to $2.8M, sub engagement soars
Distribution revenue $2.3M (+15% YoY); Kartoon Channel and Ameba both reached record paid subscriber levels in Q1.
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Kartoon Studios issues 2.55M shares to settle $1.46M in past due obligations
Issued 2,553,047 shares to Continuation Capital to settle $1,143,884 in debts plus $315,000 additional amount.
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Kartoon Studios FY2025 revenue up 21% to $39.4M; operating loss narrows 24%
Revenue $39.4M (+21% YoY); production services revenue $26.8M (+50%).
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Director Henry Sicignano resigns from Kartoon Studios board, enters consulting pact
Sicignano resigned as director and Audit Committee chair effective Dec 12, 2025 for personal reasons, no disagreement.
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Kartoon Studios enters new employment agreements for CFO and COO; settles $969k debt with 1.7M shares
CFO Parisi: 2-year term, base salary $375k (Y1) then $400k (Y2), 500k RSUs vesting over 3 years.
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Kartoon Studios Q3 revenue $9.9M (+13% YoY); Mainframe rev up 45%; $7.3M financing
Q3 revenue $9.9M (+13% YoY); YTD revenue $29.7M (+28% YoY).
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Kartoon Studios raises ~$7.3M in equity offering to fund new series and expansion
Gross proceeds of ~$7.3M from 3M shares, pre-funded warrants for 6.9M shares, and common warrants for 9.9M shares at $0.738/share.
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Kartoon Studios appoints former Warner Bros. exec Jeffrey Schlesinger to board
Jeffrey Schlesinger, former President of Warner Bros. Worldwide TV Distribution, appointed to board effective Oct 10, 2025.
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Kartoon Studios to issue up to 3.15M shares to settle $1.8M debt with CCI
Settles $1,799,162.60 in liabilities by issuing up to 3,148,535 common shares at 1.75 shares per dollar.
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Kartoon Studios signs three-year CEO contract with Andy Heyward; base salary $1.06M, up to $2M bonus
Base salary $1,060,000 per year; eligible for annual 2.5% increase after 2026 if positive net income.
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Kartoon Studios Q2 revenue $10.3M (+23% YoY); operating loss narrows; streaming views surge 221%
Revenue $10.3M, up 23% YoY and 8% sequential; operating loss narrowed 31% YoY; G&A down 10% YoY.
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Kartoon Studios shareholders approve 5M share plan increase and up to 17.4M shares on warrant exercise
All seven director nominees elected: Heyward, Davis, Loesch, Segall, Sicignano, Thomopoulos, Turner-Graham.
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Kartoon Studios Q1 revenue up 56% YoY to $9.5M; on track for profit by end of 2025
Revenue $9.5M, up 56% YoY; production services revenue up 138% YoY.
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Kartoon Studios reports Q4 2024 revenue up 8.2% sequentially; operating loss improved 88% YoY
Q4 2024 revenue $9.4M (+8.2% seq, +7.0% YoY); full-year revenue $32.6M.
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Kartoon Studios board member Dr. Stefan Piëch resigns effective March 5, 2025
Dr. Stefan Piëch resigned from the Board of Kartoon Studios effective March 5, 2025, for personal reasons.
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Kartoon Studios amends securities purchase agreement to extend stockholder meeting and transaction prohibitions
Stockholder meeting for warrant approval extended to annual meeting in May 2025, no later than May 14.
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Kartoon Studios closes $4.5M public offering of common stock and warrants
Offered 4.375M shares, 3.52M pre-funded warrants, and 7.89M Series A and B warrants each at $0.57/unit.
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Kartoon Studios Q3 revenue $8.7M; operating costs down 57% YoY, loss slashed 80%
Revenue of $8.7M for Q3 2024; sequential growth of 4% from Q2 2024; nine-month revenue $23.2M.
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Kartoon Studios Q2 revenue $8.4M, up 38% QoQ; net loss cut 61% YoY; no debt; targets 2025 profitability
Revenue $8.4M in Q2 2024, up 38% from Q1 2024; net loss reduced 61% vs Q2 2023.
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Kartoon Studios launches Winnie-the-Pooh megabrand on Amazon Prime; $30M non-dilutive production financing secured
Winnie-the-Pooh animated holiday movie to premiere December 24, 2025 on Amazon Prime Video, followed by 5 specials and 104-episode series.
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Kartoon Studios shareholders approve 5M share increase to 2020 Incentive Plan
Elected eight director nominees with majorities; CEO Andy Heyward received 8.55M votes for.
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Kartoon Studios Q1 revenue $6.1M, targets profitability Q2 2025, streaming unit profitable
Q1 revenue $6.1M; no long-term debt; working capital $6.1M; stockholders' equity $46.5M.
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Kartoon Studios closes initial $4M tranche of up to $7M registered direct offering
Initial closing of registered direct offering raised $4M gross proceeds from 3.9M shares at $1.00/share and 100K pre-funded warrants at $0.99.
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Kartoon Studios raises up to $7M in direct offering at $1.00/share
Initial closing of $4M in common stock; up to $3M in additional closings within 180 days.
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Kartoon Studios unveils Gadget A.I. AI toolkit on NVIDIA Omniverse; claims 75% cost savings
Appoints Todd Steinman as Chief AI Officer to lead the initiative.
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Kartoon Studios partners with VeVe and Multiverse Clothing for limited-edition Stan Lee collectibles
Partnership with VeVe, the world's largest digital collectibles platform, and Multiverse Clothing Company Inc.
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Kartoon Channel! achieves profitability in Jan-Feb 2024; launches Stan Lee store on Amazon and YouTube channel
Kartoon Channel! streaming business profitable through first two months of 2024; record subscriber numbers in Jan and Feb.
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Kartoon Studios withdraws reliance on 2022-2023 financials; restates due to $1.7M and $3.5M errors
Audit committee on 4/3/2024 determined prior 2022 and 2023 interim financials should not be relied upon.
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Kartoon Studios Q4 revenue $8.8M; costs slashed 70% YoY; $3.5M annual savings identified
Q4 2023 revenue $8.8M; full year $44.1M; current assets $57.1M, working capital $11.5M.
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Kartoon Studios reports record Kartoon Channel! revenue, 19% paid sub growth, EBITDA break-even in Q4
Kartoon Channel! paid subscribers increased 19% in 2023; free trials more than doubled in Q4 2023 vs Q4 2022.
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Kartoon Channel! hits EBITDA breakeven, paid subs +19% in 2023; new Llama Llama Kohl's promo
Kartoon Channel! paid subscribers grew 19% in 2023; free trials more than doubled in Q4 2023 vs Q4 2022.
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Kartoon Studios replaces auditor Mazars with Withum for cost savings
Audit committee dismissed Mazars USA LLP on Jan 24, 2024; appointed WithumSmith+Brown, PC on Jan 29, 2024.
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Kartoon Studios corrects clerical error in exchangeable share support agreement after reverse stock split
Entered amending agreement to correct clerical error in Support Agreement dated April 6, 2022.
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Director Michael Hirsh resigns from Kartoon Studios Board, remains executive producer
Michael Hirsh resigned from the Board on December 14, 2023.
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Kartoon Studios increases authorized common shares from 40M to 190M
Stockholders approved raising authorized common shares from 40M to 190M at Nov 1 special meeting.
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Kartoon Studios shareholders approve increase in authorized common shares to 190M
Proposal 1 approved: authorized common shares raised from 40M to 190M; total capital stock increased from 50M to 200M.
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Kartoon Studios dismisses Baker Tilly, appoints Mazars USA as auditor
Auditor change effective October 25, 2023; dismissal cited as cost-saving measure.
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Kartoon Studios appoints Brian Parisi as CFO; prior CFO Denton shifts to EVP of Finance
Brian Parisi named CFO effective September 27, 2023; replaces Robert Denton.
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Kartoon Studios annual meeting results: all directors elected, auditor ratified, say-on-pay approved
All nine director nominees elected with votes for ranging from 9.06M to 10.1M.
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Kartoon Studios issues Series C Preferred dividend to secure vote on authorized share increase
One one-thousandth of Series C Preferred per common share; record date Oct 2, 2023.